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KEL Kelda Grp.

1,089.00
0.00 (0.00%)
12 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kelda Grp. LSE:KEL London Ordinary Share GB00B1KQN728 ORD 20 2/9 P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1,089.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,089.00 GBX

Kelda (KEL) Latest News

Real-Time news about Kelda Grp. (London Stock Exchange): 0 recent articles

Kelda (KEL) Discussions and Chat

Kelda Forums and Chat

Date Time Title Posts
27/12/200716:59Having Outperformed the market - time to sell ???150
07/4/200415:24Kelda Group plc76
21/8/200208:52Spread on KEL-
29/7/200217:28Down??5
18/7/200215:43KELDA new restructuring proposals !!46

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Kelda (KEL) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Kelda (KEL) Top Chat Posts

Top Posts
Posted at 27/11/2007 12:56 by ringer12
Can the bidders withdraw their offer? As the share price is still below the offer price presumably means there's not much chance of a counter bid. The way things are going at the moment I don't think shareholders have any option but to agree to the takeover.
Posted at 27/11/2007 09:43 by irenekent
Directors have recommended bid. It is not a foregone conclusion. Somebody else can always come along and bid up the price. Shareholders still have to vote. It will depend on the institutions who I am sure were consulted before directors made their statement. Unfortunately it is difficult to raise finance at the moment so other bidders may not be forthcoming. Probably why the current bidders pitched low.
Posted at 26/11/2007 17:11 by ringer12
Some of these brokers would make good comediams...I see that Lehman has upped their price target for Kelda to 1100p! LOL.
Posted at 23/11/2007 12:42 by praipus
I'm not sure what the RAV is but suspect it may be higher than the current offer price. So to use Tobins Q Ratio (replacement cost) the offer would need to be £13.51+ IMHO or RAV + 25-30%.

I should say I do not hold KEL. I do have DVW, NWG and ECWC (which holds PNN, NWG and SVT) do take a look at ECWC if you like whats happening here and special situations in general.
Posted at 22/11/2007 16:07 by slogsweep
Is £11 a fair price?

Gut feeling is its too low - £12.50 nearer the mark
Posted at 05/6/2007 16:09 by wrightey
Results on Thursday and I expect to see an increase in profits, however if it will do anything to share price I have no idea.
Posted at 19/5/2007 18:13 by zeppo
'.....this week. BHP added 18p at 11.98 and Rio Tinto was up 10p...a state-by-state basis. Kelda was another speculative feature...managers. The broker said once Kelda completes a 210p per share capital return next month, an 11 offer looked credible. Among...'

19 May 2007 The Times

____________

Just found it online.

z
Posted at 19/5/2007 17:26 by zeppo
Lots of paper confirm the Merrill Lynch story, one(possibly the Times or the Independent, I glanced at them and the Telegraph in the local library) suggests that after the cash back when the shares are consolidated 769 for every 1000, then a buyout might be at £11.00-ish per new share, giving a further premium.

z
Posted at 17/5/2007 01:50 by v01101999
Terms: Return of capital: Kelda Group is to return GBP 750 million to shareholders from the sale of
Aquarion to the Macquarie Consortium. The return of capital will be performed via a B share scheme.
Shareholders will receive a bonus issue of one B share for every existing ordinary share that they hold
on 15 June 2007. Shareholders will then be able to elect between the following options in respect of
those B Shares: 1. To receive a single dividend of GBP2.10 per B share for some or all of their B
shares. B shares in respect of which a shareholder has chosen to receive this single dividend payment
will automatically be converted into deferred shares, which will have negligible value. 2. To accept an
offer by JPMorgan Cazenove Limited (JPMorgan Cazenove) to sell some or all of their B shares to
JPMorgan Cazenove (acting as principal) for GBP2.10 per B share, free of all dealing expenses and
commissions on 25 June 2007 (or such later date as the directors of the Company may decide). 3. To
retain some or all of their B shares for a possible future offer by JPMorgan Cazenove (acting as
principal) to buy those B shares for GBP2.10 per B share, free of all dealing expenses and
commissions. Share Consolidation. A share consolidation will be undertaken in conjunction with the
return of cash. Existing ordinary shares will be subdivided and consolidated so that shareholders
receive 10 new ordinary shares for every 13 existing ordinary shares held on 15 June 2007. The
intention is that, subject to market movements, the share price of one new ordinary share immediately
after listing should be approximately equal to the share price of one existing ordinary share immediately
beforehand. We will automatically accept option 1 on your behalf. If you would like to accept another
option please notify us in writing either by letter or secure message no later than 5pm on the 15 June
2007.

Self Trade gave the above three options. Which is better route? I have shares in an ISA account so it would not matter from income/capital gain tax perspective?

Thanks in advance.
Posted at 15/5/2007 14:12 by wrightey
To any of you hot shots out there.
The big dividend: which is the best for the ordinary shareholder, Alternative A or Alternative B. I can see that doing nothing gets Alt A but that is taxable as income. Where as Alt B is return of capital and should be untaxable, but I cannot see why we have to go through the proceedure of selling the B share to a third party. Help..
Kelda share price data is direct from the London Stock Exchange