Mediwatch Share Discussion Threads

[greedfear] 07/11/2013 15:04

Me too. :(

[barrywhit] 07/11/2013 14:51

A late 8.3 declaration, thought we had company news/update for a minute....

[daniel] 07/11/2013 11:56

Come in with a low bid at the start and you have lost, as you have alerted the market.

[barrywhit] 07/11/2013 11:09

Hi Leeds,

We could really do with some sort of news, Trading Statement or update on the possible offer....all too quiet....

[leedslad001] 07/11/2013 08:59

Tomorrow would be a good day to put a trading statement out with only a week to go!
focus people's minds over the weekend.

[greedfear] 07/11/2013 08:35

Good morning all.
8, not a long wait.

[troutisout] 07/11/2013 08:27

Morning all,
Barry yes looks that way lowest is now 4.13p, however the 3.94p trade this morning looks like a sell. Level 2 moved up this morning (before the opening)with SCAP moving up to 4.5p offered (they were at 4p offered then moved up the other day) so perhaps they don't want to sell anymore at the moment.

L2 1v1.

Online limits !80k v 110k, 3.94p v 4.24p

DYOR,

Trout.

[barrywhit] 07/11/2013 08:25

Morning Leeds & All...

[leedslad001] 07/11/2013 07:44

Morning all
8!

[greedfear] 06/11/2013 16:19

That buyer is going to make an easy 200% profit. Not bad within 2 weeks. :)

[barrywhit] 06/11/2013 15:54

Trout,

I take it that 25k buy takes out all the sub-4p shares available....

[troutisout] 06/11/2013 14:56

A little MM glitch at the moment, a bit of backwardation.

Can now sell 180k at 3.94p, but can still buy 25k at 3.93p. Not going to be rich with a hundredth of a penny, but a £1k buy would be in profit straight away.

[hulk2004] 06/11/2013 14:50

Hi Barry,I think any offer above 10p alot of holders will consider, no dividends being paid and a chance to get your cash back! 2mill shares equates to 200grand!

Agree with leeds company in much better place now than 14p bid, interesting times!

[barrywhit] 06/11/2013 14:35

greedfear,

As you say like you I know of half a dozen 0.5 to 1% holders that would not be happy with single digit offers.....very tight share base hence all the shares that do become available are normally picked up by existing long term holders..

[leedslad001] 06/11/2013 14:29

MDW is a far better company NOW than when we got a 14p offer. share price was 10p then and not half the company it is now!

[greedfear] 06/11/2013 14:23

If Laborie was to walk away I believe any dip in the share price will be very short lived, provided the company is not going to surprise us with bad numbers and/or prospects (which I do not expect to happen at all).

Clearly MDW has a committed shareholder base that would gladly take up more shares at lower prices.

Besides the shareholders that reported owning 1%+ I think we would be surprised about the ones holding a number of shares in the 0.5%-1% range (I'm being one of them).

A lot of long termers so I'm not worried about a possible price dip.

The large numbers of 1%+ (or 0.5%+) holders is very reassuring as it will not be easy for Laborie dropping a low ball offer and getting the necessary support.

I do not believe for one second that current larger holders have been in this "game" to get something like 6p in the end.
A double digit number seems fair and that would get my support but nothing less.

Am still expecting the share price to go up very soon. Hoping for it anyway because as it currently doesn't reflect the value, it will without any doubt be used as an argument by Laborie (well you see, the market KNOWS you're about to be taking over and yet it is not even willing to pay 4.25p, so Xp seems generous [or something like that]).

I feel with any day that passes the chances of a Laborie t/o [or others joining] are improving and expect the share price to improve likewise.

Anyway, just my opinion (what else?), BOL holders!

[barrywhit] 06/11/2013 14:22

Afternoon All,

Back from golf, feeling a bit damp...

If Laborie walk away and the price drops I will add another 200k to my SIPP...
But happy with my present holding until an outcome.....

[leedslad001] 06/11/2013 12:21

trout
well summed up. Its just wait and see not long to go now!

[troutisout] 06/11/2013 12:14

Hi leeds, not a lot, they will probably widen the spread (they have already done so), but they are unlikely to know either way before an announcement, just like us.

I am trying to work out the different scenarios we have,

Laborie walk away - this is possibly the worst case scenario, however if they walk away because they have had their offer rebuffed then is that really that bad? With a tight shareholder base I can't see a massive sell off, although the MMs will try and drop the price and that could provide a perfect topping up opportunity for all those that want to.

Laborie make an offer - the MMs will move the price immediately to just south of the offer price. A decent offer will see many take it up and some will sell into the market rather than wait for the process to work it's way through.

A lower offer may see some holders hold out for more, will there be another offeror come to the table? The MMs may then start to move the price around and we could see the share price go higher than the first offer.

What comes from the Company will also affect the share price and MMs, a positive trading statement or news on PSAwatch progress could see the shares become more popular.

At the moment, happy to wait and see, not the best time for an approach from a long term shareholders point of view, but perfect timing for Laborie.

Trout.

[leedslad001] 06/11/2013 11:30

What do we see the mm's doing if anything as we go down to the wire?

[troutisout] 06/11/2013 11:04

Max you can buy at 3.93p is 25k now, if you want more then between 4.13p-4.25p

[troutisout] 06/11/2013 09:24

I have been watching the shape of the chart for a long time now, you may remember I thought we may have formed the bowl (rounded bottom) shape 18 months back, only to see a mirror image drop back. That left the possibility that in another 18 months we would climb back up the other side again. This was my last chart on it from 10th September and it was at that point I started to pick up more shares when the price went sub 2.5p on the expectation we would start to climb up the other side of the rounded 'w'.

[troutisout] 06/11/2013 09:19

opto, don't take me too literally there, have a look at the chart....

[troutisout] 06/11/2013 09:17

Without the possible offer hanging over us, I would from this point on the chart now be looking for a move up to the 6p level. I still feel this wouldn't value us very highly at £8.5m.