G4s Share Discussion Threads

[boozey] 17/9/2020 14:56

Amazingly quiet here - price has crept up all day, looks like an improved offer is expected soon.

[velvetide] 14/9/2020 11:27

perhaps after the brexit transition period, the CMA will have a relatively greater say then the ECB, obviously the UK government / taxpayer is an important customer..

[babbler] 14/9/2020 11:09

Or maybe the rns came out during the day and caught people off guard?

[velvetide] 14/9/2020 10:57

I would have thought that for stable businesses with long-term cash flow visibility which are not long-term or intrinsically affected by covid then, to start a conversation, bid premia should be based on average 2019 prices

[fft] 14/9/2020 10:45

Looks like GardaWorld have released the RNS to try to get some institutions to come over to them as well as get investors to put pressure on the board to negotiate. I suspect they already have had informal chats with II's.Unless Garda have the money to go hostile at a higher price, it will probably depend on whether the institutions need money for redemptions in the near future.

[velvetide] 14/9/2020 10:44

my understanding is that if they buy over 30% then they have to make a bid, anything below they're not compelled either way

[velvetide] 14/9/2020 10:42

I would have thought with an agreed deal something like 240p in a month or two, without a deal 300p in a few years with a random walk between now and then, all imo

[enami] 14/9/2020 10:39

Well it looks like the market is sceptical that this offer will succeed.
The offer is "possible"
G4S have rejected Garda World 3 times since June according to the RNS.
If Garda can buy 30% of the shares in issue then they can make a takeover bid.

Personally I would be happy to SELL now half my shares purchased at an average of 142p

[roger148] 14/9/2020 10:37

Why is it struggling to reach 190p

[velvetide] 14/9/2020 10:36

why sell at 190? it's not an agreed deal is it ?

[babbler] 14/9/2020 10:16

No brainer surely. But at 177 sell at 190?

[enami] 14/9/2020 10:04

GardaWorld announces possible offer for G4S plc

A combination creating the world's leading security service provider
-- Possible all-cash offer of 190 pence per G4S plc, ("G4S") share
-- Represents a premium of 86% to G4S's share price prior to GardaWorld's first approach in June

[velvetide] 26/8/2020 17:34

upturn looking secure, a break out would not be a surprise

[fft] 23/7/2020 07:11

No Divi but that will make the balance sheet even stronger at year end.

[coscos] 23/7/2020 07:05

EPS of 6.3p v 4.3p consensus. Impressive performance.

[coscos] 21/7/2020 10:09

These will be back to 200p sooner than later. Strong results anticipated tomorrow.

[s34icknote] 20/7/2020 15:10

Sold today .Good run all the way from 90 p !Sicknote

[fft] 13/7/2020 06:04

Very nice RNS. Above market consensus and results bought forward.

[coscos] 11/7/2020 09:56

The £121m settlement was repaid for overcharging the government. This latest fine is to stop the criminal proceedings against them. Hopefully we can move on from here.