International Distributi... Share Discussion Threads

[rudder] 17/4/2024 15:40

Curry style bid. Don’t get too excited.

[isis] 17/4/2024 15:33

Before Covid hit Citibank had a £10 target on these and plenty others over £5- you can't blame Kretinsky for wanting a bargain - that's what he does!
Looks like he might Sweet talk the Unions who don't know the Rse's from the lbows!

[isis] 17/4/2024 15:27

Well at least it will hopefully put a line under the share price as only an idiot would short a bit target! ;-))

[isis] 17/4/2024 14:47

Sunak dismissed Ofcom's recommendations before he had even seen them!

[tuftymatt] 17/4/2024 14:36

I agree and can't understand why such a fall recently isis

My thoughts were in a rising market this should be pushing 300 not sub 220 as it was earlier today.

If bid talk can't get it back above it's 3 month high then what will? The fact it got rejected bothers me as if DK doesn't come back with a much better bid then a drop to closer to today's low seems very possible to me in the short term.

Good luck all 👍🏻

[casholaa] 17/4/2024 14:34

@isis, yep and then the elite market likely got the news of the offer and the share price tanked with shares being lapped-up until the 'news' was made public today. Even now, we don't know the offer digits!

[isis] 17/4/2024 14:33

Sunak as with everything in this Country is the one stopping RM from getting uptodate- purely because he thinks he will get some extra votes!

The bloke is a complete and utter you know what!

[isis] 17/4/2024 14:31

tuffty - Yeah but these were 286p a few Weeks ago without the bid!

[careful] 17/4/2024 14:29

IDS is worth much more than todays market value.
With or without a bid it is too cheap.

Just a modest improvement in efficiency and productivity would make this 12 bn turnover company far more valuable

[tuftymatt] 17/4/2024 14:25

The only reason I am not adding here is because I have just been through the DLG bid talk from Ageas and how that played out!!

Good luck all 👍🏻

[isis] 17/4/2024 14:11

You'd think some of those Savvy, Activist Hedge Funds would be buying here now a bid is waving it's Hands in the Air!

[isis] 17/4/2024 14:01

Looks like it was a tester to see reaction imo. The recent Stamp price increase should add around £300m extra revenue.
Seems to have been a lot of adverse News Flow regarding RM recently which sent the share price down regarding Fake Stamps which is out of their control and should be dealt with at National Level.
Counterfeiting Stamps is like Counterfeiting Bank Notes and should be dealt with swiftly.

[tuftymatt] 17/4/2024 13:57

Yeah it was just my thoughts but I said earlier I suspected the bid to be sub £4.
If I was him I would only offer that kind of number as why put a higher bid in when the price is so much lower right now.

Good luck all 👍🏻

[isis] 17/4/2024 13:49

The price being mooted on the LSE Board is £3.67 which was rejected and yet the price is still only 250p ish!

FFS! lol

[casholaa] 17/4/2024 13:31

Anybody else hoping that £20 per share was offered? -lol

[isis] 17/4/2024 12:46

I'm of the opinion that hardly anyone would accept a low Ball bid, not the Public, not the Employees and neither the Institutions. One large holding Institution already said in an interview that any bid would have to be North of 400p a couple of years ago.

[careful] 17/4/2024 12:42

The deal would have to be done before the election.
The CWU have influence with the Labour Party and finance them.

Can't believe the Unions would be happy about a deal, they would prefer all out Nationalisation.
The public sector is the place to be. 'Happy days are here again etc'

[isis] 17/4/2024 12:42

It sounds like a bid was proposed last Week but rejected:-



Maybe they're testing the Water? This frustrating undervalued market is leaving everything open for Cherry Pickers and all that W@nker Rishi can do is try and get his face in the books for Taxing our Rses and taking our Freedoms away!

Total C@nt!

[burziancz] 17/4/2024 12:37

I guess thats why the offer was rejected. If he cant get it cheap, he is not interested.

[isis] 17/4/2024 12:35

I don't think you can treat RM as casually as other Company takeovers. It is instilled in the British Psyche and also has alot of Shareholders and employees with shares.
A low Ball bid would be on the front pages of every Rag in the Country!

[burziancz] 17/4/2024 12:30

Given his lowballing offers on Metro AG, I dont expect too high offer. Maybe below 3 pounds.

[lefrene] 17/4/2024 12:20

We still don't have a meaningful Brexit as we've deliberately tied the country to the odious biased European Court. The Uni-party wants ultra controlling fascist globalism, not fruitful independence.

I suspect if a Czech billionaire wants to acquire RM and succeeds, then he'll ride rough shod over things like the universal service, and letting the likes of DHL get highly lucrative trunking contracts. There's huge value in RM if only the boot of government interference was taken off it's neck.

[isis] 17/4/2024 12:08

David Cameron has resigned, bringing an abrupt end to his six-year premiership, after the British public took the momentous decision to reject his entreaties and turn their back on the European Union.24 Jun 2016