Mccarthy & Stone Share Discussion Threads

[finkie] 27/10/2020 12:22

Will there be a counter bid, board have agreed this soft offer and the clock is ticking so a n other bidder needs to get moving.......it does'nt feel like its over to me yet tbh

[cl0ckw0rk0range] 23/10/2020 17:28

115p? Way undervalued.

[kramch] 23/10/2020 09:14

Another daylight robbery by Loan Star, way below asset and intrinsic value!

Short term shareholders will probably bite their hand off for the cash, and management no doubt have been silenced by the promise of a juicy bone.

In 2015 we had a bid of £180p when NAV was 30% lower. The new CEO and management are getting their act together, with great plans to roll out accessible homes in town centres. Covid will pass and this flagship asset will be worth north of £2 again.

I only hope some of the more responsible institutions tell Loan Star this company is not for sale on the cheap.

K.

[spob] 23/10/2020 08:16

A full and fair offer would be around the 180p mark imo

An acceptable offer perhaps somewhere in between 180 and 115


remember assets are held on the balance sheet at 'COST'

i have no doubt there is lots of hidden value on the MCS balance sheet



Anyway no need to accept 115p right now

I already have plenty of cash waiting to be invested elsewhere

[techno20] 23/10/2020 07:55

Lovely start to a Friday, but significantly below NAV, so decent chance of more to play for. Fact were trading where we are suggests market thinks so to. GLA

[spob] 23/10/2020 07:49

Asagi not necessarily

the directors only have about 40 shares between them Lol


I wouldn't rule out a higher competing offer

[spob] 23/10/2020 07:46

This stock was recently tipped by Professor Glen Arnold

in his ADVFN DEEP VALUE SHARES NEWSLETTER


Well worth the annual £72.60 subscription




I am a subscriber

[spob] 23/10/2020 07:43

didn't care about covid

was looking at the long term value of the assets not reflected on the balance sheet

the assets will still be there after covid

[asagi] 23/10/2020 07:42

115p also seems too cheap to me????

I got in a 72p last month.

I guess as it has been recommended that's the minimum we will be getting.

Asagi (long MCS)

[netcurtains] 23/10/2020 07:17

Well done - I wish I bought some - I just could not see a market for retirement homes while covid pandemic going on so I did not buy. It just seemed nuts.
But I was totally wrong.
Well deserved win for people who went for the tip.

[sphere25] 23/10/2020 07:12

Alchemy timed that well!

Clearly not the plan, but nonetheless, that's a nice one for any recent short termers.

Price is trading through the offer - counter bid potential?

Too opportunistic?

"Transactions targeted by Lone Star Real Estate Fund VI include investments in Europe, Asia Pacific, North America and Latin America in opportunistic commercial real estate investments."

Nonetheless, well done to all recent short termers.

[spob] 23/10/2020 07:02

40 shares 😂

You cheeky monkey

[scepticalinvestor] 23/10/2020 07:00

I don't think your 40 share holding vote will make much of a difference to the outcome fruit lol

[spob] 23/10/2020 06:31

I will not be accepting this low ball offer.

[spob] 23/10/2020 06:21

Let’s hope there is a competing offer

[spob] 23/10/2020 06:20

Nice to make some easy money in a few days.

However the price does not come close to the true hidden asset value here

Was aiming to double my money at least on this one.

[eezymunny] 23/10/2020 06:05

Proper kerching. A nice win for value investors. Price here has looked to have great downside protection since spring. A monster for me. Cheers m'lud!

[sphere25] 07/10/2020 08:51

RNS out.

As suspected it is Alchemy building a stake, but can it break that key 80p level?

(Cue dramatic music...)

[netcurtains] 07/10/2020 08:39

Well done guys on this. I did not buy but I clearly was wrong.

[spob] 06/10/2020 06:46

no need to lose any sleep at night with this one

[spob] 06/10/2020 06:44

I'm in

picked up some yesterday

this is a Ben Graham deep value stock