Forth Ports Share Discussion Threads

[highland terrier] 28/4/2010 13:00

Thank you alanrussell.

The reports i have read suggest that they will get it for £15 per share, although i don't believe they will get it for that amount.

One of the analysts valued the shares at between £16.50and £17 per share and i think they will at least have to go to somewhere around that figure to have a chance of securing the company.

I don't know if you noticed but they tried to buy Forth Ports before the Annual results where announced and now they have tried to buy it before the AGM.

I would imagine that with the Olympics being less than two years away (more traffic) and the banking and housing markets improving that the market value of Forth Ports will increase significantly over the next year, also if you look at the share price for Forth Ports over the last twelve months there has been occasions when the share price has been at least as high as the money that Peel are offering per share (twelve months ago the recession was at it's peak).

The AGM might give reasons why Peel are so anxious to do a deal so cheaply.

One of the articles in the Scotsman newspaper stated that at one time the landbank was valued at five billions pound (an exageration) but nonetheless the land is worth a lot more than the figure mentioned in the Annual Results

[alanrussell] 28/4/2010 12:03

Well called Highland Terrier!
Is that it or will Peel have another go? If they up their offer and get rejected again they will start to look a bit foolish. There must still be something left for them - some commentators had spoken of as high as 1700p to secure the prize but I can't see it.

[gateside] 26/4/2010 20:36

Abandon ship. She's going down!

Chart looks awful. Might be a good opportunity to buy in a few weeks time.

[highland terrier] 22/4/2010 14:58

If an improved offer doesn't come in it will only be because they feel they can't get Charle Hammond to give way.
With Peel Holdings record i think they will come in at least one more time.

[alanrussell] 21/4/2010 21:00

I was going to post earlier today that the way the price has held just under £14 indicated confidence in the market that an improved offer would materialise. Glad I didn't get around to it!

[gateside] 21/4/2010 20:21

Looks like she's starting to sink.

Back to £11 maybe?

[highland terrier] 20/4/2010 15:29

Wouldn't think the consortium will be allowed to look at books until they come up with a substantially higher offer.

The AGM is on the 30th May 2010, more information may come out then.

[dontrader] 20/4/2010 10:46

No news for over 4 weeks.
What are the implications for this?

Has the consortium been given access to the books and they are performing due dilligance?
Have they been even in talks yet?

What are the chances os a put up or shut up to bring matters to a head?

Don

[philo124] 21/3/2010 21:09

thanks, still holding. Will give them a try.

[distortion] 21/3/2010 13:29

Small article on Forth Ports in today's Sunday Herald. 'Forth Ports will clear the decks in readiness to receive a party of takeover boarders tomorrow (Monday) when cheif exec Charles Hammond is due to announce a 'resilient' set of trading figures and a confident forecast on future prospects'.

Could be an interesting week. Good luck to all in here.

Off topic. I recently signed up to www.share-exchange.com a completely free site offering good research documents and market updates. Worth a look, imo. Good luck

[tenapen] 08/3/2010 17:11

ihavenoclue,
Cheers but is was just a guess on any 'third' offer for the company being higher than the second offer of £13.40 so £14 seems about right.

Nice to be correct in my thinking for once :-).

I only hold £1k @ £11.23.

Well done on a profit Alan.

[alanrussell] 08/3/2010 09:29

We've been here before with bids etc.. I've just sold a big chunk of my holding, hoping to buy back at about £12. A couple of years ago I sold at about £22 and bought back at £10. I can't see it going back to that level again but you never know. There's nothing wrong with a profit!

[ihavenoclue] 08/3/2010 09:02

tenapen - 7 Mar'10 - 17:51 - 867 of 869


These will open UP bigtime tomorrow me thinks. £14 per share is a possibilty.

Happy days.

===========================

Good call

[alanrussell] 07/3/2010 22:56

This is never going to fly. If it opens way up it is an opportunity to sell.

[philo124] 07/3/2010 20:41

Great! Will still be in loss.

[tenapen] 07/3/2010 17:51

These will open UP bigtime tomorrow me thinks. £14 per share is a possibilty.

Happy days.

[philo124] 06/3/2010 15:14

Bid after market shut, 1340p- rejected

[loafofbread] 05/2/2010 11:11

I take my lead from the recent directors buying of £100K worth at higher prices and the chart.

Would love Greece to fall out of the euro so I could get a cheap holiday this summer but I can't see that somehow.

[alan russell] 05/2/2010 10:47

Down to 1060 now and probably heading lower. Sorely tempted to buy a few more. I can't help but think that in five years time these will be a lot higher - the problem is that in five weeks time they could be a lot lower!

[alanrussell] 27/1/2010 14:13

Dover has asked government to allow it to be privatised to enable it to access capital for modernisation. Surely FPT wouldn't be tempted to have a dip! This is not the time to be brave - I feel any return to growth is going to be long and slow. Time for FPT to keep its head down.

[mf10] 13/1/2010 11:45

Splat.
Oh well, I ditched at 11.50 as it was threatening to break that support level.

[mf10] 11/1/2010 11:55

Seems to be robot trading in the direction of the market today.
New strategy to keep it moving?
If nobody genuinely sells, the price will steadily move up across the day.

[mf10] 08/1/2010 16:24

Unlike the US jobs data which killed the market across the board today!

[alan russell] 08/1/2010 13:55

Today the offshore wind farm licenses were announced including a site at the Firth of Forth. Presumably the construction will result in increased business at the Forth docks. Four years away and relatively small I know but every little helps!