Home Reit Share Discussion Threads

[jaykaytee] 11/5/2016 09:58

Anybody got any idea when this takeover will go through, and when we should expect to get paid?

[tradesmarter] 03/5/2016 21:45

Good luck guys n gals I've done well from home, but as previously stated don't see this going higher than 175 and it has appeared to have peaked around 172 in the short term. Whilst Sainsburys have had a great run, again 290 seems to be a sticking zone and for now expecting home to tread water or be pulled a tad lower....my 58p options have indeed come good and the twists in the story have been interesting to say the least the past few months....longer term I reckon sbry should be nearer 350, but for now just feel everything priced in and decided to bank my winnings....…had hoped for 180 and then thought maybe 200 but for now happy that we rose back from 160 when steinhoff withdrew.....good luck!

[tradesmarter] 23/3/2016 08:19

The offer has not changed, the rise in the sbry share price has improved our offer...breakdown as follows

55p cash x 0.321 sbry share (our share price will mirror sbry movements to an extent now)...the special divi and final divi worth approx 28p.……so at current sbry price offer stands 90p (2.80x 0.321)per share plus 55p cash =145p offer add on special divi and final at 28p…... price around 172{....discount to market due to no 100% guarantee....we need sbry to get over sticky resistance area 282-285 soon or price will fall back. For now still risk of sbry dilution to fund the buy and dividend payments not 100% guarantee....hence discount to market price, I'm thinking we will be in the 161-175 range for now...buy the dip applies And profit taking likely over 170 my best guess...good luck

[jonny33] 22/3/2016 08:22

Does anyone know what the exact offer looks like? If it's cash and shares then what is the breakdown?

Also any idea when the Special Dividend for the sale of Homebase gets paid?

[jondev] 21/3/2016 10:07

What would the special dividend be worth?

[oldvic] 18/3/2016 21:55

just time now for amazon to nip in next week and counter bid

[laserdisc] 18/3/2016 17:47

present offer 172.3p

[solanki2000] 18/3/2016 17:26

That's ok, I'm not planning on letting all this settle, the market should therefore value this 5% higher than closing price (also some end of trade buys too) and sell out. Still could be other offers made now they offically placed money on the table.If you allow yourself to hold the sainsbury share etc I think it'll be worth a lot less for a few years Sp best to sell out if have the chance

[spob] 18/3/2016 17:23

cash and shares offer

offer is not fixed


Sainsbury goes down, offer price goes down

and vice versa

[imperial3] 18/3/2016 17:19

Solanski 20000

That is the way I read it also.

[solanki2000] 18/3/2016 17:16

Unless reading this wrong they now paying more equalvent to 173.20 from 161.3p?

[leadersoffice] 18/3/2016 17:06

I'd rather we tell Sainsbury's to sling their hook.

[losses] 18/3/2016 16:53

Sold this morning at 182 .. Glad to get it right for once

[fizzypop] 18/3/2016 16:40

JS RNS out.

[spob] 18/3/2016 16:25

damn right billy

[fizzypop] 18/3/2016 16:25

There should be a bid RNS from JS by 5pm today.

[sportbilly1976] 18/3/2016 16:24

got to be worth a speculative short here:

SBRY keep the offer - no real loss.

SBRY pull out - HOME could fall up to 25-30%

[haywards26] 18/3/2016 16:10

Disappointing. They left it right up and until the end to pull out too. Would expect Sainsbury's to maintain their initial offer

[yvonne] 18/3/2016 16:04

Makes the special divi interesting in theory it should go to shareholders on the register the day before the home base announcement if sainsburys pull out I assume that will happen it might even if sainsburys takeover Argos

[sportbilly1976] 18/3/2016 15:54

SBRY down suggesting they not liking being left holding the baby...Mike Coupe did say it was not a "must do" deal...SBRY could still walk away themselves...

[spob] 18/3/2016 15:52

nice one

glad i sold at 176p

[fizzypop] 18/3/2016 15:24

Steinhoff pulled out see RNS