Network Share Discussion Threads

[tabhair] 05/9/2024 08:25

I am wondering if anyone has elected to take shares in the unlisted company (Neptune Project Rollover HLDGS LTD (STUBCO)) instead?

[tabhair] 23/8/2024 16:49

At last.

Effective Date of the Scheme

Tuesday, 17 September 2024(3)

[tabhair] 08/8/2024 13:12

"Nandan Mer, Group CEO of Network International has declared that Nigeria is poised for a digital payments boom. The FTSE-listed payment solutions provider has underscored its commitment to the Nigerian and wider West African markets with the launch of its innovative digital payment platform, Network One.

By establishing a local presence for Network One, Network International is aligning with the Central Bank of Nigeria’s directive for in-country transaction routing, thereby enhancing its domestic processing capabilities. The platform offers a comprehensive suite of payment products and services, including digital payments, loyalty programs, tokenization, fraud prevention, embedded finance, and data analytics. Network International is strategically expanding the platform’s reach across key markets in the Middle East and Africa (MEA) region."

Nigeria are one of the three countries yet to approve the deal, looks like they are getting an incentive to do so.

Spread has now widened to 13p. I think we must be very close. I have topped up my position.

[tradertrev] 25/7/2024 10:32

Network International, the forgotten takeover bid, over 15 months and counting.
Pity the investment bankers didn't sort out who would be paying the bribes when the transaction was agreed!

[tabhair] 24/7/2024 15:43

I see Network International have signed a deal with a Kenyan bank. Kenya are one of the three countries that have yet to approve the deal. Hopefully a good omen in getting clearance.

[tradertrev] 20/5/2024 15:19

Sorry, not the new owners, the wannabe owners!

[tradertrev] 20/5/2024 15:18

Hear hear to that! We've already extended the long stop date once. Who are the directors working for, us or the new owners?

[tabhair] 20/5/2024 13:00

Struggling to remember an approval process that has went as slow as this. Would have made the same money putting cash in the bank at this rate.

Maybe an argument that the offer should be bumped by 5% given the value of the business has increased over the previous year.

[jsg123] 09/6/2023 07:15

I might buy some more at 383, seems easy money when deal agreed at 400

[tradertrev] 09/6/2023 06:56

So 400p cash it is. Can't believe all those numpty fund managers selling for a 10% discount.

[tradertrev] 22/5/2023 21:18

So neither of the potential bidders have backed off at the first deadline yet the shares are at more than a 10% discount to the higher potential offer. Extraordinary. If the auction gets going this could get to 450p IMO.

[tradertrev] 21/4/2023 07:23

Well well well....we could have an auction on our hands. Let's hope so.

[zeus19] 18/4/2023 17:57

LOLZ WHAT A TOOL. Constantly getting it wrong, lost all credibility a long time ago!

[jsg123] 17/4/2023 12:55

That's my thinking, with an offer of 387 which they're minded to accept, if anything I'm thinking of topping up for a 7-8% gain. Even the TU on Wednesday seems not that important, maybe!

[tradertrev] 17/4/2023 09:57

People are selling in volume currently at 358p. The non-binding proposal, which is subject to due-diligence, is at a level 8% higher. This bidder has clearly made several previous approaches so looks pretty highly motivated.
A recommended offer (assuming it transpires) could be done and dusted in under two months. Very surprised sellers are leaving so much on the table. They must have some cracking other investment ideas!

[tradertrev] 17/4/2023 07:48

So, IPO 4 years ago at 435p, one big acquisition and funding issue, then taken out at 387p (probably). Not a great stock market experience for a high quality, profitable, cash generative business with genuine growth prospects. Somehow it couldn't shake off a wholly unwarranted perception that it was a bit "dodgy". Another indictment of the incompetent, lazy and overpaid London fund management sector.

[jsg123] 13/4/2023 14:13

It's the shorts with their small algo sells still in control here, they have been for a few years now

[firestorm911] 13/4/2023 14:10

It will be rejected back to 250p. Look at the selling.

Mug punters will be forced out now, as the II will push the price down for next 30 days.

Come back at 250p.

Regards,
F911
RMC

[tradertrev] 13/4/2023 13:53

anything under 500p is robbery IMO

[ridingthewaves1] 13/4/2023 13:49

Price to be worth 400p a share

[tradertrev] 13/4/2023 13:48

Investment bank advisers desperate for fees so they're not going to get in the way.

[tradertrev] 13/4/2023 13:47

They will be getting this for not much more than we paid for the Africa business.
Private equity will bribe management to accept a price that's not in shareholders' interest. Just watch...

[jsg123] 13/4/2023 13:47

Anyone know what the conditional offer is?

[tradertrev] 13/4/2023 13:45

Prepare to mugged by private equity :-(

[gucci] 13/4/2023 13:07

possible offer