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Share Name Share Symbol Market Type Share ISIN Share Description
Rank Group Plc LSE:RNK London Ordinary Share GB00B1L5QH97 ORD 13 8/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.80 1.62% 175.80 176.00 177.00 177.80 172.00 172.20 122,687 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 329.6 -107.3 -16.5 - 823

Rank Share Discussion Threads

Showing 4376 to 4395 of 4550 messages
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
DateSubjectAuthorDiscuss
26/5/2011
15:47
Peel Hunt New news. 1) The ECJ is due to hear HMRC's VAT appeals in June and therefore conclusion before the year end is highly likely. 2) Additional VAT claims of at least £275m are to be made by the group. 3) The target for G casinos has been expanded from 20 by 2012 to 30 by 2015. Assuming the outcome to no.1 is a loss for HMRC then the new news is all positive. Good value. Management has done an excellent job at Rank and we would expect the mandatory offer to be rejected. With strong cash flow, organic investment opportunities and potentially acquisitions/return of funds to investors, there is still plenty to go for.
loganair
26/5/2011
15:34
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Investec Bank Plc - Purchases 218,029 A new hat in the ring! - who are they operating on behalf of?
loganair
26/5/2011
15:25
Interesting from my own brokers site - possible more VAT rebate due: UPDATE: Rank Expects To Get Extra GBP275M VAT Refund In 2-3 Years "Fundamentally, we do not believe it is the right price at which to sell shares in Rank", he added. Peel Hunt analyst Nick Batram, said Rank's rejection highlights not only the inherent value of the business but also even greater upside, adding that the increased estimates for G Casino openings and further VAT claims of at least GBP275 million, is "well ahead" of his expectations. Evolution Securities analyst James Hollins also agreed with Ranks view, urging investors to reject the bid adding. Hollins has a 'Buy' rating on the stock. This means at their low Rank was valued around £300m, now it looks like HMRC are going to pay Rank back over £450m in over paid VAT. If only I had know this when they were trading at around 60p per share, I would have mortgaged my house and put the whole lot in to Rank. How much cash does HMRC owe Rank in over paid VAT??? "further VAT claims of GBP275 million," It's getting rather silly the money the Government owes Rank.
loganair
26/5/2011
15:16
I haven't yet read the likes of Avia or FIL offering to sell their shares to Guoco. Saying that the Pru have just reduced their holding by 230,825. Honestly at the moment, until the VAT rebates are definately for good in the hands of Rank Guoco will doing any thing but sit on their hands.
loganair
26/5/2011
08:02
Logan , you appear to think that Rank will still continue , ? I was thinking that Guoco will get over 51% and take them private ,
scrapman
24/5/2011
11:15
well , pathetic volumes now , suppose anyone who was getting out has gone , Logan , any idea of what the timeframe will be from here on in suspect we will not have a lot of choice somehow
scrapman
20/5/2011
16:43
Offer doc arrived yesterday - straight in the bin.
killieboy
20/5/2011
15:23
Peel Hunt have repeatedly reported that if Rank are successful in keeping all their VAT rebates then they are worth over 200p per share. The 150p bid, I've had no offer document as yet so quite a few weeks until it lapses puts a definate floor underneath the share price.
loganair
20/5/2011
15:14
If the Gucco bid has lapsed at the 150p level how is there share going to go anywhere other than treading water. No one else is going to come along and make a bid as Gucco hold enought to prevent that (imho). Only way is therefore through increased vale, and that is not overly likely in this climate. Will Gucco simply wait another twelve months watching this go nowhere with the price drifting down and then make a bid at a steal of a proce (170p say)? Anyone any views on this please.
spower1461
18/5/2011
17:57
I notice in this weeks IC, their article was just a précis of the Rank RNS bid rejection. Was surprised no actual IC comment. What worries me is that the board of Rank are only saying what Goldmans Sachs, ie Guoco, want them to say. What I'm questioning is the independence of the board of Rank as Goldmans have been operating on both sides of the fence. Goldmans have operated exclusively for both sides now so how can their advice be independent???
loganair
18/5/2011
14:08
Seems very strange turn re GS Logan , Poacher turns gamekeeper , or just making sure no one else sees the books ??
scrapman
17/5/2011
15:29
RNS Number : 6965A Rank Group PLC 05 August 2008 The Rank Group Plc Change of Approach to Notification of Major Interest in Shares - Adoption of DTR 5.1.3R(2) Custodian Exemption by The Goldman Sachs Group, Inc. On 5 August 2008, the Company received notification from The Goldman Sachs Group, Inc. ("GS Inc") that, with effect from 31 July 2008, GS Inc was no longer including in its aggregate notifiable holding, the position held by Goldman, Sachs & Co.,
loganair
17/5/2011
15:23
"Goldman Sachs International, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Rank and for no-one else in connection with the offer" Now this is very strange as anyone who has been following Guoco buying of shares in Rank will know that Goldman Sachs where buying and holding on behalf of Guoco and why there was a dual holding and an RNS some 30 months ago stating that any holding that Goldmans had on behalf of Guoco would no longer be reported and that just Guoco would report any increase via and RNS. And now Goldmans is acting exclusively on behalf of Rank when Goldmans had be acting exclusively on behalf of Guoco when Guoco were building their stake in Rank.
loganair
13/5/2011
16:09
Threadneedle........3.78% (New Major share holding) Chau Ma Yu..........2.95% (Malaysian Investor) Old Mutual AM (UK)..2.76% Sisu Capital........2.10% (Private Hedge Fund) FIL.................2.03% Lloyds..............1.42% JP Morgan...........1.35% Norges Bank.........1.31% State Street........1.21% + 0.14% Derivatives Old Mutual PLC......1.06% Henderson Global....0.09% + 1.22% Derivatives Total..............20.06% + 1.36% Derivatives BOA & Goldman Sachs hold Long/Short CFD's as Intermediaries We already Know: Guoco.......40.84% Prudential...4.56% Aviva........4.11% L&G..........3.51% Blackrock....3.34% (Have reduced their holding) Cheng Zay....3.00% (IMO may be sold to Guoco like Gentings stake.) Total.......59.36% (Total 79.42%)
loganair
12/5/2011
07:43
Logan , any views if all these shennanigans are in breach of takeover code , Gentings holdings , new Malaysian almost 3% holder etc
scrapman
11/5/2011
11:06
Threadneedle........3.78% (New Major share holding) Chau Ma Yu..........2.95% (Malaysian Investor) Old Mutual AM (UK)..2.76% FIL.................2.03% JP Morgan..........1.35% Norges Bank.........1.31% Lloyds..............1.25% State Street........1.21% + 0.14% Derivatives Old Mutual PLC......1.06% Henderson Global....0.09% + 1.22% Derivatives Total..............17.79% + 1.36% Derivatives BOA & Goldman Sachs hold Long/Short CFD's as Intermediaries We already Know: Guoco.......40.08% Prudential...4.56% Aviva........4.14% L&G..........3.51% Blackrock....3.34% (Have reduced their holding) Cheng Zay....3.00% (IMO may be sold to Guoco like Gentings stake.) Total.......58.68% (Total 76.42%)
loganair
10/5/2011
13:16
Threadneedle......3.78% (New Major share holding) FIL...............2.03% JP Morgan.........1.35% Norges Bank.......1.31% Lloyds............1.25% State Street......1.21% + 0.14% Derivatives Old Mutual........1.06% Henderson Global..0.18% + 1.43% Derivatives Total..........10.82% + 1.57% Derivatives BOA & Goldman Sachs hold as Intermediaries We already Know: Guoco.......40.80% Prudential...4.56% Aviva........4.14% L&G..........4.00% Blackrock....3.34% (Have reduced their holding) Cheng Zay....3.00% (IMO may be sold to Guoco like Gentings stake.) Total.......59.84% (Total 70.66%)
loganair
09/5/2011
15:52
Threadneedle...3.78% (New Major share holding) FIL............2.03% JP Morgan......1.35% Lloyds.........1.25% State Street...1.21% & .14% Derivatives Total..........8.27% We already Know: Guoco.......40.80% Blackrock....4.93% Prudential...4.56% L&G..........4.00% Aviva........3.02% Cheng Zay....3.00% (IMO may be sold to Guoco like Gentings stake.) Total.......60.31% (Total 68.58%)
loganair
09/5/2011
08:19
Looks like Goldman and Guoco are out to shaft the PI's No doubt there was a "little extra" in the plain brown envelope for Gentings lot Any chance that Virgin will have a look at these to expand their casino opps ?? Any ideas what the next move will be Logan , ??
scrapman
08/5/2011
08:27
I have to laugh at the claims of Labour, et al, as to how financially oppresed the poor 'workers' are, yet bingo and betting company Rank has seemingly never had it so good.
azalea
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
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