Flowtech Fluidpower Share Discussion Threads

[psolomons] 22/4/2008 18:27

My view on this is:-

A/ Mentor could be trying to get the company for 104p so why not sell now. and
B/ Flo has world class products which will make serious money. Any company would like Flo products and subsequent revenue in their stable.

[mudbath] 22/4/2008 18:15

Glad to see lots of interest being retained in what the future holds for FLO amongst posters(even though 8trader is long gone).Can't recollect posting anything so definitive that might require an "imo" appendage.The big questions for me-when considering matters-ARE:-(1)why did WB sell the stake that he controlled and
(2)what is the point of Mentor acquiring FLO.
Imponderables??-or are the answers that WB wished to finally realise fully the value of his NIKA investment and that Mentor,fully briefed,invested in what should prove to be a super little company with an extremely profitable future lying ahead?

[cockneyrebel] 22/4/2008 17:59

Well it would be good to say 'in my opinion' rather than post it as fact mudbath.

If W.B. is guaranteed a nice appointment at Mentor I can't see why he wouldn't want to sell out. His profile is here that I posted higher up:



Wolfgang Biedermann, Managing Director, heads up H.I.G.'s activities in Germany. Wolfgang, a German national, was prior to H.I.G. the CEO of Pricap Venture Partners, an investment firm he co-founded in 2000 focused on small buyouts and growth capital investments in Germany.

Previously, he was a Managing Director of Thomas J.C. Matzen GMBH, a small cap buyout firm founded by Thomas Matzen who built Schroders (today Permira) in Germany. Before that, he was with Schroders Private Equity in Germany and BCG in Germany for three years.

Wolfgang earned an M.B.A. from Harvard Business School and speaks English, German, Italian, and French.


I'd say if he sold out to Mentor for a bid he'd done exactly as it says on the tin.

CR

[psolomons] 22/4/2008 17:53

thanks for answering mudbath. You must have expected to be asked where you got the info from.
Ive never filtered anyone and don't intend starting now.

[mudbath] 22/4/2008 17:45

psolomons-discount or filter away.My opinion on the situation has been detailed on many occasions.For WB to have paved the way for a Mentor bid would be like the old turkeys voting for Christmas.My sources are C.Sense and Wizz Dom.They occasionally give me duff info--but very rarely.Hope FLO shares do well for all holders,particularly the patient ones and of course Mentor.
Does it matter to Mentor if the shares take another short term 10/20% hit?Just as long as they are above £2.00 in 12 months time everyone SHOULD be delighted,me included.

[cockneyrebel] 22/4/2008 17:39

yep, that's a bit of an insider statement mudbath - I guess you have read the link below.

There must be insiders that tade on this - if there wasn't going to be a bid where are the big sells? 5 trades today and not one of them over £900 worth lol.

Biggest trade over the past week has been a 3K sell lol.

I'll keep holding for a bid - I don't believe Mentor are out for anything other than to bid for the co and as they now have a very serious stake and they can only truely call the shots at FLO with a full takeover imo.

I'll keep hold and wait for the results.

CR

[psolomons] 22/4/2008 17:37

indeed techmark. With 7 million shares bought at 104p a fall by 40p would mean a loss of £2.8 million for mentor, now thats a hell of a bad investment in just 2 months.
I can't image mentor shareholders being told that their board failed to take over flo AND lost nearly £3 million.

[techmark] 22/4/2008 17:15

Mudbath,

Well if they want see their investment take another 20% hit then perhaps they should issue an RNS saying that. Considering they paid 104p I can't see why they would want to do that though. It would also rule them out from bidding in the future which wouldn't be too clever. So if I was them I would say nothing.

[psolomons] 22/4/2008 17:09

I think you need to answer mudbath or we will discount what you say. Im not even sure mentor are obliged to tell anyone they are not bidding.

[littlemadam] 22/4/2008 17:04

i suspect it is speculation. silly what peeps can print and not get challenged.

[bungler] 22/4/2008 16:57

Interesting mudbath - in fact more than interesting! Is that just speculation on your part?

[psolomons] 22/4/2008 16:48

How certain are you of your info mudbath ?

[mudbath] 22/4/2008 16:39

Watch out for that RNS."Mentor not intending to bid".(before the prelims possibly)

[techmark] 22/4/2008 16:27

Maybe it's people raising capital for the RBS rights issues. I dunno!

[littlemadam] 22/4/2008 15:56

techm
strange, now able to buy 5k(at86p)online.

[techmark] 22/4/2008 10:12

Let's see how much the MM's are prepared to drop the price before the results next week.

[littlemadam] 18/4/2008 10:43

tech. i know. very quiet eh? if I had to bet I would say Mentor would try to tie things up B4 then. One reason to me would be if FLO declared a decent dividend then Ment would feel obliged to pay out, thus reducing the cashbalance by a few hundred thou.

[techmark] 18/4/2008 09:32

Results due on 29th April.

[mudbath] 16/4/2008 12:02

varies-Whilst it was brilliant strategy to become "overweight"in FLO shares around 50 pence,there is no harm in lightening ones position,circa £1.00,however much potential there might be for further gains.(imo).It therefore follows that topping up here would not be on my agenda-despite the possibility for additional significant growth.

[varies] 16/4/2008 10:56

We don't seem to have been told yet who the sellers were of the 682,000 shares that Mentor bought a week ago. If I remember rightly there were two parcels, on of about 530,000 and the other of about 152,000. It may be, of course, that each parcel came from someone with a less than declarable interest.
In the meantime we must wait (rather nervously in my case as I am distinctly overweight here) for the annual results. For obvious reasons the chairman is likely to paint as promising a picture as he can.

[bungler] 16/4/2008 10:42

If only I had a little spare cash I'd be in for more. I still think this is a no brainer for anyone with a little patience.

[cockneyrebel] 16/4/2008 10:37

I have loads thanks, enough to be able to accept the volatility.

I see they are marking back up a bit swift - cunning so and so's.

CR

[abcd1234] 16/4/2008 10:27

u should pick up some more then ;O)

[cockneyrebel] 16/4/2008 10:20

Any bid in the near future will have to be over 104p and I can't see Mentor getting other larger holders to agree to a bid at under 104p after that either.

Also, in the RNS about Wolfgang leaving yesterday they gave him a glowing reference whicxh suggests the directors know they will be working for him at some stage imo.

CR