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[death by donut] 06/1/2016 06:56

Heard 1.3/1.4 Bill mentioned on R4 this am.

[oldvic] 05/1/2016 23:26

oldvic - 26 Nov 2015 - 19:38:53 - 3217 of 3371

have a look

do you want me to tell you this weeks lotto winning numbers ?

[oldvic] 05/1/2016 23:20

dont forget home own habitat bit of a sleeping tiger if someone raely wanted to relaunch

[imperial3] 05/1/2016 17:51

Can potential bidders afford to sit still?!

[jonny33] 05/1/2016 16:50

I have a theory and this may come across as the ramblings of a lunatic so bear with me.

What do we know as facts
We know Argos have piloted some stores in Sainsbury's
We know some members of Home retail and Sainsbury's boards have worked for each other companies.
We know Home retail share price is too low and in danger of a take over
We know there are take over rumours about Home and Homebase.

Here is a theory
Suppose the pilot stores have proven to be successful for both sainsbury's and Argos.
Suppose Sainsbury's has seen a small % increase in spends due to the increase footfall from new Argos customers,
Suppose you multiplied this growth across to lots of sainsbury's stores.

All of a sudden you have a strategic business partner who can bring you growth for little cost.

Now if Amazon took over Home and we know Amazon are now playing in the food market would they want Argos stores in Sainsbury's? - I don't think so.

So how do you make your strategic growth 'partner' less attractive to take over.....I'll let you join the dots.

[j l] 05/1/2016 16:28

Amazon rumoured.

[imperial3] 05/1/2016 16:21

Could Amazon or Walmart/Asda now enter the fray?

[ayl30] 05/1/2016 15:58

A bit singed and crisp I would have thought

[imperial3] 05/1/2016 15:57

Crispin Oddey,how are you feeling right now?!

[tidy 2] 05/1/2016 15:24

In auction atm. 145/137

[shamus21] 05/1/2016 15:23

This sainsbury offer just don`t work for me. It is not ticking the right boxes How much are they willing to pay for homebase.

[tidy 2] 05/1/2016 15:19

L2 still long legs. I'm out but it is looking good. GLA

[spob] 05/1/2016 15:06

yeah 17 years ago, just before the dawn of the Internet, Ebay and Amazon.

different kettle of fish now

[ayl30] 05/1/2016 15:01

Well well, who is Chairman of Sainsbury's - David Tyler - who was Fin Dir of GUS when it took over Argos 17 years ago. Two bites at the same cherry!

[spob] 05/1/2016 14:30

Hedge funds likely stung as Home Retail surges

FT

The smell of burnt fingers is wafting through Mayfair after the UK supermarket J Sainsbury announced its interest in buying Home Retail Group.

Several of London’s biggest hedge funds have made big bets that Home Retail Group shares will fall in value, meaning they are likely to now be sitting on losses after the Argos owner’s shares surged by almost 25 per cent, reports Miles Johnson.

Crispin Odey’s Odey Asset Management had sold short 2.18 per cent of Home Retail Group shares, while fellow London-based fund Marshall Wace is shorting 0.52 per cent, according to UK regulatory filings.

In total 8.53 per cent of Home Retail Group shares had been sold short as of Monday, making it the sixth most bet against UK listed company. Ouch.

Sainsbury is the fourth most shorted stock in the UK, with 11.13 per cent of its shares having been sold short.

[discodave4] 05/1/2016 14:04

Well done those who held. Didn't think any bid would come before Jan update, so missed this one.DD

[j l] 05/1/2016 13:56

Distribution and key strategic sites, Home will do well in the right hands.

There is rumours Amazon may counter-bid.

[solanki2000] 05/1/2016 13:52

Thanks tidy for the update. Critical days next week. Wednesday sainsbury reports Q3 earnings and potential strategy on bid and Thursday homes trading statement

[someuwin] 05/1/2016 13:51

Argos is the jewel in the crown here.

Watch Amazon come in with a counter bid - imo.

[tidy 2] 05/1/2016 13:42

148, 150, 170, 200The book says it has long legs but I've chickened out and sold wondering if 120 shake is possible!!

[solanki2000] 05/1/2016 13:38

Sadly not got L2 anymore. What buy levels are we looking at in the order book?

[tidy 2] 05/1/2016 13:35

L2 is saying we have serious long legs. Did u see the 230k shares buy.

[edwardt] 05/1/2016 13:33

got to hate how the city works - shares up 12% before the announcement!