Renishaw Share Discussion Threads

[highlands] 10/5/2021 15:45

I agree, this is not their private business and therefore the decisions taken have to be in the best interests of shareholders. That is what happens when you list the company on the stock market.

[edwardt] 10/5/2021 14:33

fair enough but as we know we should get max value as minority shareholders if we are selling for cash not stock. they can not have their cake and eat it. if you put yourself up for sale - promises of protecting staff etc are all lip service imo.

[pugugly] 07/5/2021 15:36

edwardt_ IMO they are trying to preserve the identity and ethics of our Company rather than leaving it to their executors to orchestrate a fire sale when they pass.

[edwardt] 07/5/2021 15:33

tbh - i think retirement is overrated. the old boys should keep going.

[9degrees] 04/5/2021 17:12

They will not want this company going to a non Uk buyer nor will they sell it for an asset strip. I suspect there will be quite a few interested parties and negotiations take time. Keep the faith - this id a top class act and slimmed down post Covid 2020

[redartbmud] 03/5/2021 09:56

PUG

Totally agree with your assessment.
If they can't find a buyer, maybe they could place the shares with institutions. Could be a big ask, but may be possible as a last resort.
There has to be an endgame.
There are a lot of Forms 8.3 and 8.5 being presented.
Could a concert party with 25% have any influence?

[pugugly] 02/5/2021 15:58

redartbumd - They are also (apparently) very responsible employers and will (imo) want to protect their workforce - also as the company is a world leader a high risk of being cslled in by HMG under national security provisions - So the odd fiver - either way - of no real importance to them so might well not go to the highest bidder - Remember they control the company and PI's & II's have only been along for a very profitable ride.

[redartbmud] 02/5/2021 14:38

There is a lot of cheap finance out there, if an investor needs to raise additional funds to support a transaction.
McM & D will only want cash, otherwise no point in selling.
GE isn't the business it was a few years ago.

[highlands] 02/5/2021 14:20

Not sure what's going on with the sale of the business but it has been very quiet.Either there is not much interest in the company or talks have not leaked. We should find out either way sooner or later.

[inv] 28/4/2021 08:58

bid coming at7050p. Announcement soon

[edwardt] 29/3/2021 12:36

Thanks Boris ! Now go run the country properly that is somewhat more important

[b0risj0hns0n] 29/3/2021 11:31

This will go for at least 7000 - hang in there

[b0risj0hns0n] 29/3/2021 11:31

This will go for at least 7000 - hang in there

[edwardt] 29/3/2021 09:44

bloomberg says hexagon and danaher most likely with expressions of interest from private equity (unnamed) - indicates due to the full valuation they will look to break the business up into its parts. we shall see but hopefully a bidding 'war' could well ensue.

[reddevils1] 29/3/2021 05:01

Hexagon have coveted this asset for a long long time. I would expect 20% premium and a deal within 3 months.

[edwardt] 26/3/2021 16:41

GE or Hexagon would be my guesses. both uneducated and not sophisticated thought gone into it. i doubt chinese will get it as the founders would fear for the culture of the business....

[edwardt] 26/3/2021 16:39

doubled their profits and the business humming. now lets see who wants it. i think it is a matter of joining an orderly queue.

[pugugly] 25/3/2021 11:47

Thoughts as to likely price-

"The Board unanimously concluded that it would be appropriate to investigate the sale of the Company and has therefore launched a formal sale process for the Company. See www.renishaw.com/fsp . "

A world market leader - Chinese takeaway likely to be blocked as against national security and interest - American possible - Other thoughts?

[scepticalinvestor] 05/3/2021 16:18

well stopped outbloody hell dropping like mad

[apollocreed1] 05/3/2021 13:41

If this is a highly valued tech stock then I can understand the fall-it moves with the NASDAQ.

[scepticalinvestor] 05/3/2021 11:19

bought in at 5750should shoot up soon imo

[edwardt] 04/3/2021 19:41

It will not to that. The two founders are 80 and they deserve to retire!

[highlands] 04/3/2021 19:07

Maybe no official news of interested parties causing the fall. The other route is going private and that will not be the best option for us.

[edwardt] 04/3/2021 16:43

ditto but we are where we are.

[pojscott] 04/3/2021 15:28

I hope I made the right decision in holding on, maybe should have sold when the price jumped!