Home Reit Share Discussion Threads

[oldvic] 13/1/2016 17:28

think they own Coles and Target and Kmart
bigest supermarket chains in Aus

[jonny33] 13/1/2016 17:08

Sky news have just announced that Homebase is in advanced talks with Australian DIY chain called Wesfarmers for £350m - game on for big share rise tomorrow.

[careful] 12/1/2016 11:18

the offer will be higher as sbry shares are undervalued.
the offer is a variable.

[leadersoffice] 12/1/2016 11:12

Any 'sensible offer' must be north of £1.85 before the board sit up and take it seriously. However, expect another predator to show its hand unless its a knockout price of + £2.00

[careful] 12/1/2016 11:03

sainsbury are trading very well at the moment.
its share price is depressed because some have doubts about this deal.
the offer will be mostly in sbry shares.

dont get greedy, this could be good for both players.
cash, plus sbry shares on the cheap.

[leadersoffice] 11/1/2016 11:18

1.2 Billion indicates a price of £1.55? What did they offer in Nov?I think they need to come back with a sensible offer.... £1.55 will be rejected by the Home Retail board

[jonny33] 11/1/2016 11:08

Hi Imperial, the % of shorting is now 7.17% so not all closed, but reducing. This means there is more upside to come as these positions are closed.

[imperial3] 11/1/2016 10:09

I wonder whether all the shorters have now closed their positions.

[katie priceless] 11/1/2016 10:07

market closed on IG Index

[sportbilly1976] 11/1/2016 09:56

statement on the way?

[oldvic] 11/1/2016 09:09

dont forget it owns the habitat name
ripe for a relaunch eh !

[jonny33] 10/1/2016 19:02

what value would you expect for Home Retail Group if Homebase was already sold to another party?

[imperial3] 10/1/2016 18:00

No thanks,£1.1 billion far too cheap.

[careful] 10/1/2016 16:48

£1.1bn should clinch it.(a huge 40%+ premium)
no future for Home without this deal.
rents too high for home to support.

[svenice7] 10/1/2016 16:43

HOME is still massively undervalued. Don't think we need to sell to amazon or Sainsburys. We should continue with our partnerships and growth. £3 per share target.

[anresu] 10/1/2016 10:32

ARGOS INVESTORS DEMAND £500M MORE FROM SAINSBURY'S

"...three big shareholders told The Sunday Times they wanted at least 200p a share or £1.6bn. An industry insider described those figures as "pie in the sky" cautioning that unrealistic expectations could scupper the deal. But analysts at the stockbroker Cantor Fitzgerald said HRG could be worth much more if broken up."

Half-page article inside.

[leadersoffice] 10/1/2016 07:11

Sainsbury prepares new £1.2bn push for Argos via

[shamus21] 08/1/2016 15:11

can not wait to see what the numbers are Sainsburys 13 jan - HomeRetail 14 Jan That will give us a better idea to what is going on behind closed doors.
It is going to be a busy week a lot of trading statements.

[edmondj] 08/1/2016 10:44

He took home £30 million last year - a difficult year, down on his usual income - so should not be too sad. Short Sainsbury also, which mitigated the hit. We are talking clients here anyway!

[imperial3] 08/1/2016 10:25

I wonder whether Mr.Oddey is an unhappy man now?!

[jonny33] 08/1/2016 08:21

I see this morning that the Short positions has dropped to 7.26% with Odey closing some of his shorts, I'm guessing there are few shorts out there who are nursing a financial hang over on this one, it does mean that the share price should be rising as the short overhang reduces.

[richie32] 07/1/2016 14:07

spob, I could be wrong but it looks like a staged row in order to muddy the waters. All a large holder needs to do is privately pick up the phone if they have a gripe, but at least 2 large Sbry shareholders have gone public to cast doubts on the deal.

IMHO they went for max publicity as this would supress the Home share price Only my theory but it makes sense to me.

[tidy 2] 07/1/2016 13:54

Spike building.