Informa Share Discussion Threads

[darlocst] 01/7/2008 11:40

FT journo's reckon a bid at over £5 is still very much on the table

[zooshare] 01/7/2008 10:53

so whats behind this big fall today? after a reasonable update and response yesterday!

[kenmill] 27/6/2008 17:22

Now there are at least 3 of us.
2shemshersingh
I agree, but this company is worth north of £5 anyway as the PE houses know. I guess patience is a virtue.

[2shemshersingh] 27/6/2008 15:39

a lot of people are getting forced out with margin calls, if you can handle the stom waves, this stock is likely to go up when further annocements of bid arrise. So far we don't know what the price is for the bid, my guess is arround £5 level. The market is awaiting for confirmation of the £5 price tag. If and when that happens this stock could suddenly take a leap.

[zooshare] 27/6/2008 14:02

kenmill...you are all alone on this bb...good company but bad bad market

[kenmill] 27/6/2008 12:15

Looks like some friday closing of positions today. If it goes back down to 380p I shall be in for some more

[kenmill] 23/6/2008 17:46

The inclusion of Hellman in the consortium at least makes it more likely there will be a bid - even if it is still too low

[kenmill] 23/6/2008 08:19

The inclusion of Hellman in the consortium at least makes it more likely there will be a bid - even if it is still too low

[kenmill] 19/6/2008 16:24

The Itch
If you read the link in post 95, it details the interested parties

[a2584728] 19/6/2008 16:08

550p mmmmmm

[the itch] 19/6/2008 14:57

Well, that's cleared one of them up.

[the itch] 19/6/2008 14:04

Who are the likely bidders, if that's known?

[kenmill] 19/6/2008 13:38

It is possible that it will be taken out by a consortium which will then carve it up. If that is the case the initial bid could be higher to stop anybody else entering the scene

[a2584728] 19/6/2008 13:28

Opening bid will be 475 and will be trumped, I stand to be corrected but that is how I see it.

[kenmill] 19/6/2008 11:26

Even if the first bid is around the 450p mark, I can't see this going for under 500p. There is too much potential for splitting it up and selling off to interested parties. Springer would love to get the old T & F scientific publishing division and this could well show the sum of the parts are worth more than the whole. If you think back to when T & F were a seperate public co. they were on a p/e of 20 odd and they have grown since.

[kenmill] 19/6/2008 11:08

Looks like it. PE houses don't go into these sort of things without being pretty sure of their financing. It damages their credibility if half way through the process they have to say "whoops we can't afford it"

[wapper] 19/6/2008 10:32

Reason for recovery ?

[wapper] 19/6/2008 09:28

I think market now expects first bid to come in sub 450p...Now that UBM walked the PE sharks will try to steal it.

[kenmill] 19/6/2008 08:40

2shem
I agree. It was only on 15th May they gave a bullish AGM statement re the current year and they will be announcing results at the end of July

[2shemshersingh] 18/6/2008 15:19

I think too many people were long and today have had margin calls and forced to close up. Those that went in yesterday thought they may close today at a profile may of been forced out, when the dust settles this stock could rise back up.

[kenmill] 18/6/2008 12:05

I agree with that but surely there is enough interest to support the price given that, if the PE houses think they can make money out of it at £5, the company must be worth more than that - as I believe it is.

[cool runnings] 18/6/2008 11:51

There is question marks over whether the PE houses can raise the £3bln required to buy informa

[kenmill] 18/6/2008 11:17

Can someone explain this 10% drop in price this morning? My understanding is that UBM have temporarily withdrawn due to the increase in the INF price and between 1 and 4 private equity houses may bid between 500 and 520p. UBM have also stated that they may come back if the equity houses fail to bid successfully. Given that this underpins the position -why the drop?

[kenmill] 18/6/2008 09:32

Now over 10%. Can someone explain this ? If it is institutions, that had bought in anticipation of the mergedUBM/INF going into the FTSE 100, now selling - that makes sense but this seems to be genaral selling off of a company that is worth more than this anyway.

[kenmill] 18/6/2008 09:32

Given that UBM have stated that, in the right circumstances, they would return - it seems a bit strange that, with four potential equity funds bidding, the price drops 8%.