FKI Plc Share Discussion Threads

[stuart14] 07/6/2007 07:21

Any views on the results? Don't look too bullish?

[shujja] 06/6/2007 23:24

todays ft.
In the mid-caps,FKI added 2.6% at 140p as take over spec refused to die down. GE could offer 170p or a managment buy out.
looks good to me.

[shujja] 06/6/2007 19:41

Stuart14 - 6 Jun'07 - 12:53 - 53 of 56
good point mate .

[christh] 06/6/2007 16:17

The rally starts now,tomorrow is the big announcenment.
170p+premium per share.

[stuart14] 06/6/2007 13:42

Hope so! I reckon i'm the only holder out there sitting at a loss at present!!!

[deeppockets] 06/6/2007 13:20

wouldn't be too surprised to see a rally late pm in anticipation!

[stuart14] 06/6/2007 12:53

Any idea why these guys would be reducing so much if an offer at 170p is around the corner?

[rvsy38] 05/6/2007 16:02

Thank you Stuart 14 - I would be very happy with an exit price of 170p !
Maybe we will learn more with the results announcement on 7 June.

[stuart14] 05/6/2007 15:07

It says:

"Having owned up to bid talks at around 130p a share, it seems the takeover may have some way to run. According to my mole, management are also mulling an offer and a price of 170p a share is being touted."

[rvsy38] 05/6/2007 15:00

Regret I cannot access the website. Could you please give me the gist of the rumour.

[maiseymouse] 05/6/2007 09:14

interesting rumour on the market insider

[prokartace] 03/6/2007 15:08

I think that is why the share price came back down and there was institutional selling. Basically with break-up value of 165p any buyout would have to be substantially below that in order to make the deal profitable to them. I would suggest a best bet scenario of 145-150p

[shujja] 02/6/2007 11:52

Small bit in FT today on back page.

FKI confirmed a takeover approach at 130p-a-share late in the previous session. yesterday,competing stories suggested either a higher bid would emerge or the potential bidder, romoured to be a private equity company, would walk away.cazenove said on a sum-of-the-parts basis FKI was worth 165p a share.However, talk that the suitor was fellow engineeing group Melrose was wide of the mark.

[london calling] 01/6/2007 18:29

Tricky trade off between greed and desire to bank profit. a couple of good panics this morning on the market. i should have sold half this am at 1.45 and retained the rest (all bought in the 90-95p range) but I sold 1/3 this pm at £1.35.

[scrapman] 01/6/2007 18:25

quiet finish on the boards chaps

[christh] 01/6/2007 14:32

Do not be fooled!

This is on for 170p, the telegraph is always right.
I have increased my holding.

[partimetrader] 01/6/2007 14:28

Hambledon Mining Plc

Hambledon Mining Plc is an AIM listed gold company working in the mineral-rich Altai region of East Kazakhstan.
Hambledon owns 100% of TOO Sekisovskoye which holds two adjacent licence areas, Sekisovskoye and Tserkovka, with gold resources totalling 3.4 million ounces.

TOO Sekisovskoye has been informed that it will be awarded two more adjacent
territories known as Glinka and Krugliachka.
At Sekisovskoye, mining operations commenced in June 2006. Until the start up of the processing plant, mining is focussed on pre-stripping so that waste material can be used for the construction of the tailings dam and other facilities. Ore is being stockpiled.

TOO Altai Kenbai-itu, also 100% owned by Hambledon, is constructing a 850,000 tpy treatment plant at the Sekisovskoye site, which is expected to start up in the
first half of 2007. This plant will be capable of treating both open pit ore and
underground ore when this becomes available.
Initial production from open pit will be around 40,000 ounces per year, rising to over 100,000 ounces as underground ore is substituted. Further expansions are likely as exploration of extensions to Sekisovskoye bring the inferred resources into the indicated category and following exploration of the newly acquired territories.
http://www.hambledon-mining.com/

[scrapman] 01/6/2007 14:24

FKI stands for "Fuff Knows , I don't , "

all we need now is a counter bidder to show their hand before the close and there will be people crushed in the rush from all directions ,

failing that , when you look at the price rise over recent months and this deal gets away at 130 , the big players have played a blinder ,
never a dull moment on the markets

[lord gnome] 01/6/2007 14:07

This could explain some of the volatility.

LONDON (Thomson Financial) - Standard Life Investments said that it has lowered its stake in engineering group FKI PLC, which said yesterday that it had received an approach at around 130 pence a share, by selling the FKI shares in two tranches.

The investment management firm sold 2.44 mln shares at 1.34 stg and 300,000 shares at 1.33 stg, reducing its stake to about 14.08 mln shares or 2.43 pct in the company.

Yesterday, FKI said it was exploring every available option after receiving the approach.

FKI added that it intends to announce its preliminary results on June 7.

[seroxat] 01/6/2007 13:29

Blue index told me order book went flat, everything above 137p got stopped out, i've taken some profit, pulled me stops further back and await next weeks news.

[lord gnome] 01/6/2007 13:16

LOL - I've been stuffed on FKI! A sudden downspike and a mid-day auction has stopped me out. I've made virtually nothing on the trade in the middle of a bid! I rang City Index to complain and they told me I was lucky as I could have been stopped out lower down. I should have folded my hand this morning when there was a nice profit for the taking.

[standish11] 01/6/2007 13:02

What's happened?-suspended on Finspreads following price drop.

[lloyd j] 01/6/2007 11:33

cefka - thanks I totally agree.

Im just wondering whether to hang on a bit longer for a better price, as in past sold out just before a major annoucement of a counter bid to see price soar even higher.

[cefka zbrojovk] 01/6/2007 11:25

lloyd,if you had fki for years and seen them go down and did not panic,why panic when they are going up!a profit is a profit and you got your cash back.good luck

[lloyd j] 01/6/2007 11:15

ok guys - i have bought shares at £1.30 years ago and having seen them go down, can sell now to recover my initial outlay and make tiny profit. Anyone have some "good views" that this could be a bidding war as price nicely over £1.30 bid price stated by the company.

Interested in honest feedback. Thanks