Hammerson Share Discussion Threads

[roulettewheel] 21/3/2018 16:23

Interesting that Klepierre bid only for HMSO and not also for INTU. But at these discounts it does put them all in play.

[roulettewheel] 21/3/2018 16:23

Interesting that Klepierre bid only for HMSO and not also for INTU. But at these discounts it does put them all in play.

[roulettewheel] 21/3/2018 16:23

Interesting that Klepierre bid only for HMSO and not also for INTU. But at these discounts it does put them all in play.

[roulettewheel] 21/3/2018 16:22

Interesting that Klepierre bid only for HMSO and not also for INTU. But at these discounts it does put them all in play.

[manrobert] 21/3/2018 15:58

I am the same with a large profit from 437 but logic suggest a higher bid and intu now down 9.5 pointing the same way.

[cc2014] 21/3/2018 15:52

maybe - or just view that the board haven't justified fighting the bid off.

I am uncertain what to do. I usually hold in these situations but this time I'm not so certain it's the right thing to do.

[manrobert] 21/3/2018 15:04

must be higher bid on the way

[cc2014] 21/3/2018 14:49

Interesting spike to 560.

[manrobert] 21/3/2018 11:39

moving up nicely today

[777mason] 20/3/2018 16:34

At last — something to lift the Hammerson share price, and all relayed via a scoop from The Times. So you'd think David Tyler, chairman of the shopping centers group, might be a bit more grateful. No chance. How come? A 615p-a-share bid approach from France's Klépierre was enough to send Hammerson shares up 24 ...

the only reason Hammerson share price is going up, as the above shows £6.15 bid so if the bid is rejected we could see a sharp drop.

hope this helps

[manrobert] 20/3/2018 14:26

yeah its a tricky one.from the press .ports I have read it seems the institutions are not overly in favour of theintu bid and a higher offer for hammersons may temp them to accept.its your decision that counts.

[cc2014] 20/3/2018 14:06

I honestly do not know what to do. I have some Hammerson for which I paid £5 and I'm happy to hold. If the price rises to 570 I might have to think a bit harder.

But I also have INTU at an average of 215, but four times as many of them. It's these I mostly don't know what to do with and can find no articles on the internet to help me.

I perceive 215 to be a crazy low price but accept that it is supported by the HMSO bid which may fall apart. On the other hand I think the city have lost the plot over this merger, fail to recognise the synergies (lower cost of capital to INTU, superior HMSO management team).

I could just sell them and move on to the next trade but I don't actually see anything I want to replace INTU with and I don't think now is a good time to be in cash.

[manrobert] 20/3/2018 10:25

hopefully the French will be sounding out the company s major shareholders.

[manrobert] 19/3/2018 14:11

price starting to rise again.new bid coming?

[manrobert] 19/3/2018 09:23

I would think will get a higher offer from the French.hold on to your shares.

[cc2014] 19/3/2018 09:21

I think this highlights the disconnect between the city boy valuations and real valuation. Whilst Klepierre is no doubt taking advantage of a low share price, I believe it will provide a re-rating to the whole sector.

One would assume as is usual with these things the first offer is not the best offer although I think if they offered 615 and took INTU as well it would go through.

Much to think about. I have both HMSO and INTU although about 4 times as much INTU.

[roulettewheel] 19/3/2018 09:14

INTU at Price to Book (about) 0.54 now versus HMSO Price to Book (about) 0.74, HMSO and both in play, not sure why INTU share price being ignored in this

[skyship] 19/3/2018 09:10

Typo - you've been very prescient here. How do you think this Klepierre offer might pan out; all rather complicated with the Intu offer still in play!

[quepassa] 19/3/2018 08:49

according to R. Ball: "Not really. Price only back to January levels."

Nothing like someone raining on a parade on a Monday morning and creating bad karma but I tend to agree with 777.

[777mason] 19/3/2018 08:39

now we can get back to working on this company normally, Well done all shareholders.

[thamestrader] 19/3/2018 08:36

Well this could get interesting for those, like me, whose HMSO shares are with Beaufort Secutities.

[r ball] 19/3/2018 08:34

Not really. Price only back to January levels.

[hugepants] 19/3/2018 08:07

So the HMSO board rejected a 615p offer. Won't they have a bit of explaining to do?

[manrobert] 19/3/2018 07:56

mentioned on Bloomberg.shares should rise a bit.