Menzies(john) Share Discussion Threads

[hamhamham1] 22/2/2022 12:18

Sold up yesterday, got within a few percent of offer and 4x my money so took it off the table.
I was going to put it onto STX but bottled it and just put in Lloyds this morning.
With their divi and buy back coming this week, think I'll be up more than the few percent I cut early from MNZS, if not straight away, better long term returns for me. GLA.

[ayl30] 22/2/2022 07:18

BA loses the luggage of thousands of travellers during Storm Eunicehttps://www.thetimes.co.uk/article/1e5b59a8-9362-11ec-bcf4-9dde9b8243da?shareToken=04a3d96468d9257d6fe1acf141908874

[dr biotech] 21/2/2022 22:05

As an anecdote - I’m in Madrid right now for a few days and BA lost my case. Flew from LHR. Insurance people and hotel both say they have an unusually large number of people with the same issue. Doubt it really matters, but unimpressed either way.

[gargoyle2] 21/2/2022 15:22

There's no agreed offer yet. You need to read the RNS more closely imo.

[deepz32] 21/2/2022 14:46

Now that the announcement has been made, can I assume all shares will be automatically bought from the shareholders at the agreed price?

[buffettjnr] 21/2/2022 13:16

It’s over lads. Far more places to make money now

[convb] 21/2/2022 11:29

My bet was Bill Gates investment vehicle...Cascade Investment, L.L.C

They lost out last year on the acquisition of UK listed aviation logistics firm Signature Aviation plc...that is the only other party that could move quickly

[convb] 21/2/2022 11:24

Buffetjnr...dreaming of fortunes? I have made a fortune here.

But this is not over yet, it is subject to shareholders approval which they need by March 9th. A shareholder that does not agree holds a ransom strip.

Plus potential for another party to offer.

Next 2 weeks will be touch and go for NAS offer.

Personally the sale is a pain, I will have a tax bill and I was wanting to collect dividends as I would have done over 30% on projected EPS.

[buffettjnr] 21/2/2022 11:07

Swissport won’t buy this. WFS could

[qvg] 21/2/2022 10:46

no disappointment here! and maybe a counter offer will appear! any other likely buyers? Swissport???

[nigelpm] 21/2/2022 09:06

"disappointing" - I'd say it's fantastic. You can sell up and move onto something else having doubled your stake in a matter of weeks.

[kaffee] 21/2/2022 08:48

That's disappointing. Guess NAS have been busy filling brown envelopes this weekend......

[buffettjnr] 21/2/2022 08:26

Covid is over. Move along

[csmwssk12hu] 21/2/2022 08:16

Well done to those that held, I was wrong to sell at 480 but never mind I still did well out of these, still surprised they didn’t buy in open market while they could but that’s the way it is, if anyone is interest take a look at VLG just announced clinical trials of a covid mouthwash 99.8% effective and possible treatment apparently, it’s only up 5% so far all imho dyor

[buffettjnr] 21/2/2022 07:33

Hope isn’t an investment strategy.

[ayl30] 21/2/2022 07:31

25p up on closing price last Friday. Given the bid defence am surprised board caved in, so only hope for more is another bidder coming in.Personally I would settle for 608p and move on but will wait to see how dust settles before I sell any

[buffettjnr] 21/2/2022 07:19

exactly Doc. Some do get carried away on weekends dreaming of fortunes...

[dr biotech] 21/2/2022 07:18

Decent outcome, weren’t some thinking of 900p 🤣🤣

[buffettjnr] 21/2/2022 07:07

paging convb....please share your thoughts on this latest 800p offer.

[northwards] 21/2/2022 07:03

So, done deal.

[bigbigdave] 21/2/2022 07:02

608p
The Board has considered the Final Proposal and indicated to NAS that it would be willing unanimously to recommend an offer at the financial terms of the Final Proposal to Menzies shareholders

[boozey] 20/2/2022 21:04

Buffetj no that will be Audioboom!