Raymarine Share Discussion Threads

[officerdigby] 30/4/2010 12:46

Aspers you are right. But there was really no way to tell that the current lot would not have purposefully smashed RAY against the rocks for as little as possible.


One wonders who is behind this 4.0p then 17.5p bids....


I.E. one would hope it's not a management led buyout..

[sea and sky] 30/4/2010 12:46

hah hah - could be aspers! you never know in this business...

I think the only thing one can say about the management is that you could never accuse them of ramping their own stock!

[aspers] 30/4/2010 12:21

Sea and Sky - 30 Apr'10 - 11:40 - 3332 of 3334


Clearly RAY do not want to sell to Garmin as the management will lose their jobs but they may have no option. That is why they have muttered about anti-trust possibilities IMHO.

I reckon the management deserve to lose their jobs the way they teated PI's a few months back.......no value to shareholders indeed...what really was their game??....I guess trying their best to destroy the price so as to attract new predetors??
As for RESTASSURED matbe he IS one of those Managers??????

Mallorca....many thanks for your support.....my favourite Island by the way.....spent many happy times around Soller :-)

[mallorca 90] 30/4/2010 11:52

restassured - 30 Apr'10 - 10:49 - 3327 of 3333


"Now it is quite clear Aspers had inside information."

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Would you care to explain how you came to this conclusion?

[mallorca 90] 30/4/2010 11:48

restassured

YAWN YAWN

[sea and sky] 30/4/2010 11:40

Clearly RAY do not want to sell to Garmin as the management will lose their jobs but they may have no option. That is why they have muttered about anti-trust possibilities IMHO.

[sea and sky] 30/4/2010 11:35

restassured: it is likely that you are short and need this price to drop. I can understand your need to debunk the current offers but you are quoting old news all the time. The current definite offer is 15p from Garmin and there is a possible offer around 17.5p. There will be no anti-trust problems as Garmin have already said.

Investing should be an unemotional and calm business.Don't get upset by your loss, just take the hit and reinvest in something else. I hope you manage to close your shorts without too much pain. Been there myself so have no axe to grind.

[restassured] 30/4/2010 10:54

Wots that mate?

[rcturner2] 30/4/2010 10:51

mate - you are just embarrassing yourself

[restassured] 30/4/2010 10:49

Now it is quite clear Aspers had inside information.

[restassured] 30/4/2010 10:48

It is the Board's opinion, having received extensive |
| anti-trust advice from its legal counsel, that any offer from |
| the above mentioned direct competitor is highly likely to be |
| subject to an in-depth review by the competition authorities |
| and that anti-trust approval is unlikely to be secured. |
| |
| Further, the Board believes that a protracted anti-trust |
| approval process for a transaction with the above mentioned |
| direct competitor would be highly damaging to Raymarine's |
| business, especially given the Company's financial position and |
| its reliance on its banking syndicate for continuing covenant |
| waivers. |

[restassured] 30/4/2010 10:46

yadda yadda


"The likes of you."


Poor education.

Poor Mallorca has been destroyed by crowds like you!

Read and learn...

RAYMARINE PLC ("RAYMARINE") |
+-----------------------------------------------------------------+
| |
+-----------------------------------------------------------------+
| On 11 March 2010, the board of Raymarine (the "Board") |
| announced that it had received an approach which may or may not |
| lead to an offer being made for the entire issued share capital |
| of Raymarine at approximately 3.6 pence per share. |
| |
| The Board notes the recent movement in the Raymarine share |
| price and confirms that it has received two further approaches |
| from third parties which may or may not lead to an offer being |
| made for the entire issued share capital of Raymarine at 4.0 |
| pence per share and 7.2 pence per share. |
| |
| The highest of these approaches was received from a direct |
| competitor of Raymarine and is subject to a number of |
| pre-conditions including, inter alia, the completion of |
| satisfactory due diligence and securing appropriate anti-trust |
| approvals. While the Board continues to investigate this |
| proposal, it is the Board's opinion, having received extensive |
| anti-trust advice from its legal counsel, that any offer from |
| the above mentioned direct competitor is highly likely to be |
| subject to an in-depth review by the competition authorities |
| and that anti-trust approval is unlikely to be secured. |
| |
| Further, the Board believes that a protracted anti-trust |
| approval process for a transaction with the above mentioned |
| direct competitor would be highly damaging to Raymarine's |
| business, especially given the Company's financial position and |
| its reliance on its banking syndicate for continuing covenant |
| waivers. |
| |
| The Board therefore considers that the other two proposals have |
| significantly greater likelihood of delivering value for |
| shareholders and is continuing to investigate these proposals. |
| However, there can be no certainty that an offer will be made |
| nor as to the terms on which any offer might be made. |
| |
| This announcement has not been made with the approval of any of |
| the potential offerors. A further announcement will be made in |
| due course.

[mallorca 90] 30/4/2010 10:42

restassured - 30 Apr'10 - 06:24 - 3313 of 3323


Get real!.

I just followed what the co said

RAYMARINE PLC ("RAYMARINE") |

| On 11 March 2010, the board of Raymarine (the "Board") |
| announced that it had received an approach which may or may not |
| lead to an offer being made for the entire issued share capital |
| of Raymarine at approximately 3.6 pence per share



xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Where in the announcement above did it say " IT WON'T HAPPEN" as YOU stated.

[aspers] 30/4/2010 09:39

REST.....you have talked aload of twoddle regarding this share...maybe we should report you to the FSA for trying to put the frightners on folk a month or so back........I really hope you got badly burnt which I am sure you did.....We are all welcome to our opinions and if you had followed mine during the past 6 months you will realise that I was and still am an enthusiastic user of the RAY equipment....without doubt the best on the market....the past year I have made a fair bit buying so called bombed out stocks and done very nicely...TW., JPR, YELL to mention a few....to me RAY was always going to be taken out by Garmin and you dont need inside information to realise that!!!!!! Now if you want to recover your losses go long on SCHE, thats my next good thing....and no I am not one of its occupants and therefore dont have inside information ;-)

[debbiegee] 30/4/2010 09:36

While we await a formal announcement I bet the boardroom is buzzing !
I would love to be a fly on the wall !

[restassured] 30/4/2010 09:25

Well let's see what the FSA make of it.


Personally I don't believe in coincidences


Ho de hum

[gcom2] 30/4/2010 09:22

There was one muppet went short at 3p -thats got to hurt.
And he was convinced it was a no brainer.

[restassured] 30/4/2010 09:01

Please can you explain how it is you had the information of a higher bid,which you clearly acted on, whilst the rest of us didn't?????


Are you aware of the recent spate of jail sentences and fines handed out by the FSA in its absolute determination to stamp out insider trading?

[restassured] 30/4/2010 08:28

aspers - 30 Apr'10 - 07:55 - 3314 of 3316

REST....not bitter just dont call people criminals for what they know !!!!!!! ;-)




Then if you knew it, you had inside information,which is a criminal offence.

It seems you had and acted upon, price sensitive information,that was not availabe to the general public.

Shall we call the FSA and paste the entire bb for them to read?


I think we should.

[debbiegee] 30/4/2010 08:15

L2 looking great you can sell 423k at 16
but you can only buy 110k at 16.5

[aspers] 30/4/2010 07:55

REST....not bitter just dont call people criminals for what they know !!!!!!! ;-)

[restassured] 30/4/2010 06:24

Get real!.

I just followed what the co said

RAYMARINE PLC ("RAYMARINE") |

| On 11 March 2010, the board of Raymarine (the "Board") |
| announced that it had received an approach which may or may not |
| lead to an offer being made for the entire issued share capital |
| of Raymarine at approximately 3.6 pence per share




At the end of the day each makes their own decision.Keep your obvious bitterness to yourself.

Besides anyone living in Mallorca is dodgy as hell.

La de da