Raymarine Share Discussion Threads

[sea and sky] 29/4/2010 08:34

mallorca 90 - 29 Apr'10 - 08:30 - 3259 of 3259: agreed, I never do but the at least give you a rough idea of where an share price is at and why...

With no ramping intended (I hold a small amount in my ISA) this could see 60p as this would still only mean a cost to a bidder of 46million plus the debt. And as I have said before sterling is weak so the debt can be reduced roughly by a third by a bidder (from abroad) and they can either add it to their long term debt or renegotiate it with better rates. This global brand will still seem cheap at 60p.

However it is unlikely to reach that with the current managements er... 'skills.

DYOR and good luck to all aboard. Shorters should sell for what they can get IMHO.

[roks] 29/4/2010 08:31

not 17.25 v 17.75?

[rdt1963] 29/4/2010 08:30

Aspers-thanks again. I bottled at 16.5 after buying back in at 7.5 so I have made more than 100% on the same share twice in April!!!

[mallorca 90] 29/4/2010 08:30

Simon Cawkwell & restassured must feel so foolish this morning.

Suggest you never pay attention to anything these people post on any BB

[sea and sky] 29/4/2010 08:24

17 v 17.75 on Ray - that's the stuff!

[mallorca 90] 29/4/2010 08:24

restassured - 21 Apr'10 - 14:46 - 3169 of 3254


You are criminal in spreading nonsense about higher bids.

It won't happen!



LOL LOL LOL

[mallorca 90] 29/4/2010 08:23

Simon Cawkwell - 28 Apr'10 - 15:34 - 3199 of 3254


Gentlemen,

This bid is advised by the BoD to leave perhaps just 4p in a potential shell. Given that RAY is in the hands of its bankers and that these bankers get out clear of a bad debt it is not remotely likely that somebody else will bounce up and be accepted by the bankers. Thus 4p it is and therefore those buying here, save to close a short, are a bit soft in the bonce.



ROFLOL

[narindg] 29/4/2010 08:22

I bloody well had 1000,000 of these at around 1p! - profited at around 2p!
Pension down the chute.

[sea and sky] 29/4/2010 08:14

Daytraders - 29 Apr'10 - 08:06 - 3250 of 3252

surprised we not heard from any shorters here since these rns's ?


there are a lot of bids building up at 16p as the shorts try to cover... this could go quite a bit higher in an attempt to balance their books. Simon for instance...

[roks] 29/4/2010 08:13

Who knows, we might see 108p again... that was the price I paid for my first lot. :)

[eelanguilla] 29/4/2010 08:12

lol well done all :) no value here move along :)

[rcturner2] 29/4/2010 08:10

I think that they were "gloaters" rather than "shorters".

I'm back at break even after holding all the way down to 2p and back up again.

[daytraders] 29/4/2010 08:06

surprised we not heard from any shorters here since these rns's ?

[aspers] 29/4/2010 08:06

Arab......just jump on the Gulfstream ;-)

[sea and sky] 29/4/2010 08:05

"In the light of this, the Board urges shareholders to take no |
| action at this time. "

First sensible thing the management have said!

[arab3] 29/4/2010 08:03

aspers
party in pompey
you were in dornoch yesterday
don't half get about !

[roks] 29/4/2010 08:02

Bring back hanging?...for the boards

[edmondj] 29/4/2010 08:00

Jolly well done aspers, the PI can come out on top.

[aspers] 29/4/2010 07:59

All makes a mokery of the Boards statement a few months back of no value......lets all party in Pompy once this is all done and dusted....I'm off to buy my new Fairline with the profits ;-)

[aspers] 29/4/2010 07:51

I said all along this would go for nearer 20p....looks like my guess was right ;-) Just cancelled my auto sells of 15p, going to sit this one out and watch the battle commence....good buying opportunity for anyone that can get in at open doors around 15p :-)

[sea and sky] 29/4/2010 07:50

Restassured: I should think that Lloyds(aka The Government) might have a word with 'the competition authorities' about any problems with Garmin don't you? Unlikely that anyone will stop a sale under these circumstances. Remember HBOS?

[loverat] 29/4/2010 07:48

Blimey. From 0p to 17.5p.

What a transformation in fortunes here.

[edmondj] 29/4/2010 07:26

'No value for shareholders', lols...

[busters] 29/4/2010 07:22

Share price now underpinned at 17.5p with latest statement from BOD,
Garmin will now have to up their offer if they are to succeed.

[officerdigby] 29/4/2010 07:17

LOL it goes on!