Harvard Share Discussion Threads

[badtime] 14/3/2012 10:43

Just a 2 week extension this time...suggesting close to deal?

[topvest] 15/2/2012 14:50

No problem - patience will be rewarded. Making good progress by the looks of things.

[badtime] 15/2/2012 10:51

another extension lol..looking at march now

[topvest] 18/1/2012 20:13

Patience needed. Quietly confident myself.

[badtime] 18/1/2012 09:29

o goody...tempted to add?...we do hav some sort of deadline to work to now

[envirovision] 18/1/2012 09:21

yea i'm here

[badtime] 18/1/2012 09:08

and there we hav it an extension....anyone else out there?

[badtime] 16/1/2012 21:28

another couple of days and they will want another extension...giving that the deal is expected for end of feb then..should b jus a formality

dare i buy more...hmmm

[badtime] 21/12/2011 22:01

Hmm..seems we won't now now until end of feb

[badtime] 20/12/2011 18:19

Toying with increasing my stake with som of the DHIR profits...hmm

[badtime] 07/12/2011 19:30

38 or less to buy...time to top up?

[envirovision] 24/11/2011 14:00

Moving closer.

[topvest] 23/11/2011 07:38

Patience needed!

[paleje] 23/11/2011 07:31

Today's RNS says Geeya will post formal application with the Chinese regulatory authorities after shareholder vote to be taken today.

Yet the RNS of 09 Nov said - 'Geeya continues to seek regulatory clearances in China. Such clearances, as detailed in the announcement of 10 October 2011....'

So somebody's got their times mixed up somewhere, Geeya couldn't have been pursuing the regulatory process if they didn't have shareholder approval. Still they've lodged their half million quid in escrow, deadline March for formal offer, could be early summer before we get paid. Probably explains the flurry of small sells yesterday, frustration.

[badtime] 22/11/2011 18:30

sp down....thin market..seller for whatever reason...cant think there is any problems

[envirovision] 09/11/2011 14:15

Deposit of 500K has been paid into escrow, a move which increases the certainty of this takeover concluding.

[badtime] 28/10/2011 21:01

took some at 37.5

[topvest] 26/10/2011 20:52

Odd reaction today as the extension was flagged before. This will take a while to go through and patience is required. Might even be a good arbitrage opportunity so one to watch.

[badtime] 26/10/2011 18:32

extension to deadline...price drop...hmmm

[envirovision] 13/10/2011 15:44

Agree with that. Chinese regulatory procedures basically a form of currency control. They don't like money leaving the country without good reason.

Also worth therefore knowing that it will be expensive for them involving a lot of advice administration and lawyers fees. The Chinese suitor would simply not be proceeding with the offer if they felt they would be unable to demonstrate it was in Chinas interests or it was likely to be rejected.

[paleje] 13/10/2011 14:50

We know now that they've been in negotiation since May 2011, plenty of time to check things out, organise finance, directors are recommending the action, don't see why it should fall through, don't know anything about Chinese regulatory procedures though, 4 months seems a long time.

What would happen if euroland imploded meanwhile and markets went into freefall, might the Chinese want an even better bargain?

[badtime] 12/10/2011 23:18

any reason y peeps don't think the bid will succeed?

[paleje] 11/10/2011 10:55

Yep, isn't that the phrase amex used to use in their tv ads? Anyway I was referring to 45p which will do nicely for me, I entered in July @23p so good short return.

[electrick] 11/10/2011 09:38

that'll do nicely? !

[paleje] 11/10/2011 08:56

That'll do nicely.