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IDS International Distribution Services Plc

345.60
1.80 (0.52%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
International Distribution Services Plc LSE:IDS London Ordinary Share GB00BDVZYZ77 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  1.80 0.52% 345.60 1,385,252 16:29:46
Bid Price Offer Price High Price Low Price Open Price
345.60 346.00 348.40 339.80 339.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 12.68B 54M 0.0564 61.28 3.29B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:06 O 22,513 345.60 GBX

International Distributi... (IDS) Latest News (14)

International Distributi... (IDS) Discussions and Chat

International Distributi... Forums and Chat

Date Time Title Posts
26/7/202417:58Royal Mail / IDS1,697
24/11/202210:53Ideal Shopping-the IDEAL investment1,545
24/1/200508:10The Ideal investment for 2005-"cheaper than ASOS"315
02/1/200515:50ideal shopping better late than never126
05/10/200422:55IMAGESOUND - Instore "infotainment"-

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International Distributi... (IDS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:35:06345.6022,51377,804.93O
2024-07-26 15:35:06345.60389,2031,345,085.57UT
2024-07-26 15:34:11346.8037128.32O
2024-07-26 15:29:46345.601034.56AT
2024-07-26 15:29:46346.009533,297.38AT

International Distributi... (IDS) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by International Distributi... Daily Update
International Distribution Services Plc is listed in the Business Services, Nec sector of the London Stock Exchange with ticker IDS. The last closing price for International Distributi... was 343.80p.
International Distributi... currently has 958,293,475 shares in issue. The market capitalisation of International Distributi... is £3,311,862,250.
International Distributi... has a price to earnings ratio (PE ratio) of 61.28.
This morning IDS shares opened at 339.80p
Posted at 18/7/2024 08:22 by isis
I'm surprised the acceptances are so low given the Boards recommendation. Bloody nightmare this!

Level of acceptances



As is required pursuant to Rule 17 of the Takeover Code, Bidco announces that, as at 3.00 p.m. on 17 July 2024 (being the last Business Day prior to the date of this announcement), valid acceptances of the Offer had been received in respect of a total of 32,318,148 IDS Shares, representing approximately 3.37% of IDS' issued share capital.



So far as Bidco is aware, none of these acceptances have been received from persons acting in concert with Bidco.



As described in paragraph 4 of Part A of Part 6 (Additional Information) of the Offer Document, Bidco procured irrevocable undertakings to accept (or procure the acceptance of, as applicable) the Offer from the IDS Directors who hold IDS Shares, representing approximately 0.019% of IDS' issued share capital, as at 3.00 p.m. on 17 July 2024.[1] These irrevocable undertakings remained outstanding as at 3.00 p.m. on 17 July 2024. Bidco has been informed by IDS that all IDS Directors who hold IDS Shares have instructed their respective third party brokers or nominees through which their beneficial holdings of IDS Shares are held to accept the Offer in respect of their entire IDS shareholdings and have therefore taken all steps in their control to accept the Offer, however, the Receiving Agent is unable to separately identify these individual acceptances in the total acceptances received.
Posted at 18/7/2024 07:58 by pdosullivan
If I am reading it correctly, only 3pc of the 70pc or so of IDS not held by Kretinsky had accepted the offer as of mid afternoon yesterday. Hopefully IDS will remain independent - I think the offer price is far too low.
Posted at 10/7/2024 20:01 by not my real name
cherryandwhite,

All the main investment banks are buying and selling these on a daily basis and have been since the bid was launched.

They publish their trades every day (hence the huge number of RNSs every day) This only proves that if the buys match the sells then the share price goes nowhere. When the balance is higher on the sell side or the buy side, the price goes down or up.

This is how the market works.

NMRN
Posted at 04/6/2024 11:17 by not my real name
1224saj,

I haven't heard anyone from the Government, Royal Mail, IDS, CWU, any national newspaper or TV outlet, or even any poster on here suggesting that it was a done deal.

An offer has been made which the board has accepted. It will now go to a vote by shareholders at the end of September.

That is the state of play at the moment. It may or may not be investigated by HMG but there is no investigation right now.

No conspiracy theories about market manipulation can ever be considered a useful contribution to understanding. The market is very simple. Buyers are matched to sellers and a sale goes through. No match = no sale.

Plenty of financial institutions are buying and selling financial instruments which are based on the current share price and some are actually buying and selling REAL shares but these are all documented, every day, by means of an RNS.

All this info is freely available but I suppose it's easier to post a load of cr@p than it is to do a bit of research!

All INHO,

NMRN
Posted at 30/5/2024 15:50 by casholaa
As a seller I'd have a sell price not less than the share price takeover price. I don't understand why I'd be selling at circa 330p unless I'm expecting it to retrace to 180p????
Posted at 29/5/2024 21:00 by cherryandwhite1
If this share price just hovers around this price until all is settled it just proves how manipulated and corrupt and disingenuous the market makers really are.
Posted at 16/5/2024 12:16 by not my real name
Morning all,

There seems to be some confusion around disparity between the £3.70 figure and the current price of circa £3.20. The reason is simple...........an offer has NOT been made. What was announced was a proposal which may, or may not, lead to an offer of £3.70.

The details were clearly laid out in the RNS but I think most people got to the £3.70 figure and stopped reading.

Here's the end bit.

Next big day is 29th May

NMRN
-------------------------------------------------------------------------------

Keith Williams, Chairman of IDS plc, commented: "The Board is minded to recommend this offer price, which it considers to be fair and reflects the value of GLS' current growth plans and the progress being made on change at Royal Mail to adapt the business to a significant fall in the demand for letters and growth in parcels.

"It is however regrettable that despite four years of asking, the Government has not seen fit to engage in reform of the Universal Service and thus improve our financial position and ensure that Royal Mail could provide an economically sustainable service to the British public.

"The Board believes that the proposed contractual undertakings to be offered by EP Group should ensure that IDS continues to deliver the key elements of the Universal Service in the UK and protect the interests of the workforce at both Royal Mail and GLS."

There can be no certainty that any offer will be made.
------------------------------------------------------



EP Group has entered into a confidentiality agreement with IDS pursuant to which EP Group and Vesa Equity have agreed (among other things) to be subject to customary standstill restrictions during the course of the offer period (subject to customary exceptions).

Accordingly, with the consent of the Panel on Takeovers and Mergers (the "Takeover Panel"), the Board has agreed to an extension of the relevant 'put up or shut up' deadline under Rule 2.6(c) of the Code until 5.00 p.m. (London time) on 29 May 2024. This deadline may be further extended, with the consent of the Takeover Panel, at IDS' request, in accordance with Rule 2.6(a) of the Code.

No statement in this announcement constitutes a post-offer undertaking under Rule 19.5 of the Code.
---------------------------------------------------------------------------------

A further announcement will be made as appropriate.
Posted at 17/4/2024 21:01 by careful
Amazing how the usual suspects such as Goldman the other dealmakers managed to massage the share price down recently to make 320p look like a reasonable offer.

So many knew about this offer and yet the share price was about 210p this morning.

What rigged market, all we can do is to buy value and ignore these false fiddled share prices.
The whole of the UK market is similar, many shares trading at half price.
Posted at 02/11/2023 19:10 by not my real name
Hi tuftymatt,

The general feeling around the business amongst the senior managers is that Royal Mail has indeed turned the corner and is now rapidly accelerating towards break even next year and profit the following year. The reason for todays' rise is, however, probably more to do with this reiterated BUY recommendation from Citigroup.

Good luck to all holders!

NMRN

PS. Runs 3 & 4 now up and running with all teething problems sorted. Looking forward to April when 5 & 6 come on board.

-----------------------------------------------------------------------------


Citigroup Inc (NYSE:C)

Analysts have reiterated their buy recommendation for shares in Royal Mail, which officially changed its trading name and ticker to International Distributions Services PLC (LSE:IDS) last month.

Citigroup analysts have lowered their target price, where they believe the company’s share price would create ‘fair value’ for shareholders, to £3.25 per share.

The current listed share price for International Distributions Services PLC (LSE:IDS) is 261.8p per share, as of Thursday mid-afternoon.

Analysts said they believe that pay increases will be offset by improvements in productivity, operations and network optimisation.

They analysed cost savings from seasonable contracts, reduced sorting hours and sickness rates.

Citigroup analysts estimate that the potential disposal value of the company’s real estate is worth about £240 million, given the network optimisation at Parcelforce and Royal Mail depots.

“We believe that c.10% of pay rises between 2022 and 2025 amounting to £400m will be more than offset by the proposed productivity, operational improvements, and network optimization,” Citigroup analysts said in a research note on Thursday.
Posted at 29/3/2023 21:47 by not my real name
I do not see where this story about selling off GLS has come from. The company have clearly stated their plan would be to float GLS as a separate entity. Each IDS shareholder would be issue with 1 RNG and 1 GLS share for every IDS share held. Each company is already a separate legal identity under the banner of IDS holding company.

GSK did exactly that when they floated Haleon in June last year.

Under this scenario RMG would be effectively a dead duck but GLS (circa£400m annual profits) would be valued at around £4bn or £4 a share. That is why the IDS share price is not tanking when threats of insolvency are being bandied around.

The ideal scenario for shareholders would be to turn RMG into a £400m profit machine as well but if this is not possible...........second prize will do me!

NMRN
International Distributi... share price data is direct from the London Stock Exchange