Team Internet Takeover Rumours (TIG)

I can understand not wanting to detract from results however it would have been great to get information and be able to ask questions on the calls surrounding the acquisition. We have come out of a year where there has been a large deferred payment now a takeover with another one thrown in. Would have been great to see cash flow through. Ultimately I don’t understand the business as don’t a lot of private investors and anyone coming out with any sort of allegations alleging any wrongdoing as these shorters tend to do and I would have had too much exposure here.

I e struggled with this last takeover and to save my sanity have exited for now. So there’s the signal for it to rocket! Can’t get how it’s announced the day after results, the fact it is Israeli and the issues the market has had with technology companies there, the amount of info I could find on linked in doesn’t signal a big happening company, maybe that’s not how they do things there? And the same with the last small acquisition in the states earlier in the year. That said if it gives diversification from google and that multiple is genuine then it’s a great buy. Gla, been here since the 70’s and no doubt leave some on the table for others.

Unusual for a company to issue a trading update within the notice of timing of the trading update! It was said by the previous CEO that the biggest risk he saw was a takeover approach, maybe that thought persists at these valuations.