Rhythmone Takeover Rumours (RTHM)

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Rhythmone Takeover Price

Rhythmone Takeover Forum Posts

14-08-2018
POSSIBLY TAKEOVER JKX Oil & Gas PLC Notification of major holdings 14/08/2018 12:21pm UK Regulatory (RNS & others) Resulting situation on the date on which threshold was crossed or reached 19.97% N/A 19.97% 171,723,145 ------------------ ---------------------- ---------------- -------------------- Position of previous notification (if applicable) 10.00% N/A 10.00% ------------------ ---------------------- ---------------- --------------------
09-08-2018
Mike Lynch and Suranga will have to take the witness stand here, and be cross examined. Perhaps HP should be invited to register their interest in this case, and join the proceedings, after all they bought the IDOL technology with the takeover of Autonomy. But of course Blinkx/1R do have a lot of form even since the Professor’s blog, and they have misled the market on many occasions. Remember the infamous ‘inflection point’, the analyst projections of monster revenues and profits (was this ‘research’ paid for by the company?), the absurd F-4 projections submitted to the SEC. My own favourite is the repeated assertions of massive growth on the RhythmMax platform which has now evaporated. My belief has always been that they were simply transferring their own revenue streams across from the old system. The list goes on and on.
01-08-2018
Just to cover myself I think a cheap takeover of a tenner is possible but very disappointing......
26-07-2018
Evening Jarvis,all I can say is at least I won’t have laid down when the paltry offer comes in.....i laid out the evidence of the viex past activity.....I’m still looking for something I can hold up to say Singer is our knight in shining armour.....it’s not very fruitful at the moment.....all I have is his Trojan horse takeover of R1 and a bucket full of reasons why we are shrouded in a veil of lost profits and promises....get us the feck off aim,drop this baby stateside on the main market and let’s get Singers promises legitimised.......all my opinion of course.... Either way there’s a crust in it for a takeout but 10bagger?....I think a sat lotto win is more likely......
22-07-2018
'the share price is $4 but could be worth $19/20 in a takeover situation' The closing auction of a couple of 100 shares has clipped us for 2 days now. It took us down 6p on Thursday and the same yesterday. Incredible.
19-07-2018
I was looking for £3 at the end of this week....I suspect a lot of interest that were wanting figures were disappointed....but that said we are either early birds to the biggest party of 2018 or we are gonna be early birds to witness a cheap takeover that should treble an investment at this level..... I’m in all the way for this last ride.....
It was loaf who asked the question. I heard a straightforward denial - not acting in concert with Toscafund. And I thought loaf asked if therefore Toscafund were able to buy more shares and Eric replied that they were as far as he knew - or have I got mixed up with conversations we had afterwards? But Eric said he had talked to Martin Hughes recently. So they discuss things, as I would expect given the shareholder relationship. But they are not formally seen to be acting "in concert" in the context of their R1 shareholdings as that term is understood in the Takeover Code. I don't think you can expect any more clarity than that. I would be amazed if they hadn't discussed replacing Ted with Mark for example. But they would have made sure that any discussions they had on that issue fell short of a formal "acting in concert" definition under the Takeover Code.
17-07-2018
Some good chat today....I think Singer is very on the couch with Tosca....Tosca gave the thumbs up to letting him take over their company R1......we didn’t need to touch 16.5p that rot could have been stopped.....we didn’t need to languish in this most corrupt of markets aim if shareholders were top priority,all these things could have been dealt with during the reverse takeover by Yume but strange we never heard a vocal whimper from Tosca during this dark time.....all we have is Singers say so Tosca were upset lol.... Pity Tosca weren’t as vocal as viex are when a board is underperforming!!
13-07-2018
I don't blame you Digi, i also think a low ball takeover is still possible but i must admit i have far more faith in Singer than i've ever had in the BM management team. Time will tell....
Someone said earlier it’s a win win for an entry at this level either re rating for profit or potential takeover target.....has anyone thought why that’s not attracted investors?.....all we have had for months is a measly 3% shift by R&M I think it’s because this company could be delisted too easily on aim by the controlling board.....that could potentially tie up cash for years while they operate de regulated....a crappy matched bargain could be set up to enable desperate punters to exit.....Ive thought very hard about this....it’s very legal and very doable.....
Numbers on track. KPIs ok. Last 2 waste of space non execs kicked out. Reverse takeover complete. 5 months to complete Singer ownership strategy without shareholder approval. Onwards and upwards. Rivers and Lombard will ensure corporate governance
12-07-2018
There is no takeover. It is a dog of a company and no one wants it. Four years of losses. Best advice I can give jarvis is to take some flea powder.
11-07-2018
90p old money is daylight robbery.....but not as uncommon as some think..... Interesting AU should be mentioned so prominently by a recently created buffoon account..... I liken the AU. Takeover by HP to motobility U.K. trying to put a Ferrari engines in their free cars....
Digi, i meant the offer they put out for Yume and including the mega dividend. I agree that post acquistion it went downhill but we didn't need Singer for that as Brian Fuckuperghee and Ted Hankey were able to that just as well without him. Why would he have to use his own money, R1 management used OUR MONEY to buy half assed companies from "friends" and fuck them up while they continued to enrich themselves with fat paychecks and options. As i said before, the only reason this reverse takeover on shit terms was possible is because the R1 management team failed to deliver shareholder value for many years by fucking up acquistions. Because of that Singer was able to gain control with the help of major shareholder support.
Borg.....imho Singer shared nowt with YuMe shareholders,he didn’t even use his own cash to takeover R1,in effect he used R1 cash to shush YuMe holders and got R1 in exchange.....even paying the Yume shareholders with R1 stock he probably even knew then they were gonna drill the R1 stock into the ground and most of the US funds would bail helping the price lower....who’s left from takeover on paper from Yume?.....none if any of the institutions who were around while he laid his egg in the YuMe nest.....the viex R1 holding will be showing a mighty loss if we could find records of it!.....it’s cost Singer nothing so far and he has control of R1...!!.....amazing stuff
10-07-2018
I no longer subscribe to this under the radar.....the only thing gonna happen under the radar is a quick quiet takeover done through the tacky rules of the Aim gutter.....
so Mr Sorrell didn't rush out to buy 1R 1st.... Martin Sorrell beats WPP in takeover battle S4 Capital is buying Dutch digital production company MediaMonks for about €300m (£266m). https://www.bbc.co.uk/news/business-44772668
05-07-2018
Takeover at a 70% premium?
02-07-2018
I think the automatic share consolidation viex do is to strangle hold the companies.... Since viex filled the Quantum boardroom with its officers 29 institutions sold out up to 31/03/18 and there were 6 new holders! Without leaving too many breadcrumbs that says a lot about US institutional confidence in Viex total control over company boardrooms!!.... As I said weeks ago I feel this cuckoo is in it for a takeover and Quantum is just months behind us in having Singers claws into the Co. All my opinion of course,but good to get this stuff aired just in case
26-06-2018
Former management did nothing for us Digi, they would've been against a takeover imo regardless of price because they were only interested in collecting fat paychecks/options and bullshitting shareholders.
25-06-2018
Worth a punt from here for some.....but a sickener to others,not many institutions can get authority to jump onboard a takeover train that’s why we languish imho
23-06-2018
If any of you were attending the AGM hypothetically what is the one question you would ask a board member in a one-to-one conversation which you hopefully expected to get answered. Mine would be why did Dan and Ted get the sack and what it part of a reverse takeover? What's yours?
19-06-2018
Digi, they either left because they don't want their names in the media articles about a shit priced takeover or Singer and co fired them. Either way, when you look at the share price since 2014 they all deserve it. Like i told Barboo, at some point people who fuck things up for such a long time should be held accountable. If, and only if Singer really wants to keep this public and come out with a massive turnaround, firing all previous board members would imo still be justified. They are responsible for massive financial losses for investors while they all walked away with millions earned. Corrupt cunts, the lot of them.
Digi, that's what i've been saying from the start. Last year i said the yanks from Yume had us by the balls and not the other way around. Also posted several issues on the way the whole Yume deal went which imo pointed towards a reverse takeover, yet Barky kept attacking me and questioning my motives. The only thing we can hope for now is that Singer turns this around instead of coming out with a shit offer, but the lack of share buybacks still seem to point towards a low ball takeout and i doubt we will get your 900p low ball target price. The AGM next month seems to fit nicely with a potential quarterly update. That's when they will probably strike or announce a massive turnaround.
SP dropped 25% from immediate opening price on the 14th June following results announcement. 25% drop in less than 4 trading sessions! SP dropped 64% from last years £5.00 high, pre YUME takeover! SP dropped 92% from all time high. BOD Hello, do you give a shit?
The Yume takeover continues, as expected... Not really a surprise, is it? short post without the pink ribbon around it... and as JonC/gl discussed, more writeoffs anyone??? sikhthetech8 Feb '18 - 10:08 - 6545 of 7539 Edit 0 4 1 Normally when a company takes over and new management come in, the old processes, projects, staff tend to get the axe... I wouldn't be surprised if there were cuts to some of 1R projects resulting in write offs... and staff - oh, we've already seen some of that.. ;-)
Reverse takeover without any takeover premium..yet! In most companies getting rid of the dead wood would be seen as good news. I wonder if Tosca will put forward anyone when we see the AGM docs?
People joked about it this time last year but it seems the reverse takeover is almost complete by Yume on us and go on only in name now.
18-06-2018
All of the R1 management that were fired (or left)deserved it. If his plan is to take this private on the cheap, the best way is to fire all people who could be against it and you can only do that with support from major shareholders and then get your newly installed puppet (Bonney)to come out with a mediocre update and board recommendation for a garbage takeover offer. Singer seems to be doing the right things to enable a turnaround except for one thing: supporting the share price (share buyback), which is the one thing you don't want to see go up if your intention is to take it over for a shit price.
Management could easily stop this drop by announcing a share buyback, but that doesn't fit the low ball takeover plan. It looks like instead of going on an Investor roadshow they just went to the local McDonalds for some nice chicken nuggets... Singer used to be so vocal about the incompetence of the Yume management and getting money back to shareholders, yet he's silent when it comes to R1. No help from Bonney and Clyde it seems.
17-06-2018
Borgioli, "Imo they would've been better off by changing their name to Yume" exactly.. it is basically a Yume takeover... so why stay on AIM, why not seize the opportunity and move to Nasdaq... Majority of their revenue comes from US, headquarted in US... but registered address in UK... More governance and cost of listing in US comes to mind... There needs to be period when there is clarity and no questions regarding their strategy or any subsidiaries ..
IF there is a takeover/taken private, why would anyone pay more than 30% premium to whatever the sp is when(if) a bid is made... I think current mcap is fair value... how much did 1R pay for Perk, Rad1 or Yume???
Barkboo, i'm far more concerned about what R1 management says and if there is any honesty involved in what they say. So far it seems most of it has been bullshit. Now they have finally been kicked out. Looking forward to next update and am "hoping" that Singer can turn this around and not screw us with a cheap takeover.
No it is not typical lgw. In fact a fall off in sales in many cases would cause a takeover to be pulled. Such is the arrogance of R1 management. Buying $10 bills for $20,
Isn't it fairly typical that revenue performance in the acquired company falls off ahead of completion? Management in general and sales managers in particular are much more focused on securing a role in the new organisation or job hunting elsewhere than they are on meeting sales targets. That certainly seemed to be the case in the last one I followed closely which was the Arris takeover of Pace. Full year accounts for Pace when they were released post-completion appeared to show that they missed bigtime on the revenue guidance for the year. The test is whether the new management can get the organisation going at full-speed again soon after completion. And that's where having someone like Bonney in charge will be to R1's advantage I think.
Yume revenue is an absolute disaster. How they managed to shove a reverse takeover down our throats from a company that's looking to perfom even worse than R1 is truly shocking.
why would there be a 'cheap' takeover? IF there is a takeover, why would anyone pay more than 30-40% premium to the sp at the time of any announcement?
14-06-2018
Very happy to be proved wrong but there has been too much effort put in with the Edelman effect right through to today.... You can’t hide the metrics but you can work with accountants to shift the real potential around until it’s taken out for others benefit ..... I would imagine it could even stop a lot of funds investing if there’s only a future management takeover to look forward too....I’m sure that’s a principal only a select few funds would climb onboard for Lombard?....lol Ok.....have a good evening all....
Whitman and N+1 singer out. Both make excellent reading. Management confirm guidance of $55M + EBITDA. Getting rid of low margin stuff . Both notes say the company has delivered on all fronts. WH 'increasingly vulnerable to a takeover' N+! 'very substantial rerating from this 5X P/E FY 19e.' Both notes keep buy and target price the same £7.70 and £7.30
12-06-2018
I've just got hold of the minutes to the last BOD meeting. Agenda. 1) Tosca takeover offer 2) Share buy back 3) Move to main market 4) Dual listing on Nasdaq 5) Tosca appointed board member 6) Repay last years bonus payments 7) Pigs might fly 8) AGM moved to Vegas
Got booted is reasonable assumption, along with Nunes and Hastings. Singer is kicking arse. Dan was a great talker (generally to non shareholders) while frustratingly eavasive and delivered nothing in his IR role. Clearly his short lived COO role suggested he wasn’t an integrator or leader. No surprise that all the Rthm guys are being shot by Singer. Just a shame that was always a takeover by Yume engineered by Tosca was structured to give away Rthm equity and not deliver a premium and exit to Rthm shareholders. The non execs should all be shot too. Makes you wonder what “management expectationsâ€￾ are since I have no idea who management is. Only saving grace is that numbers seem good and in Singer we do seem to have someone who recognises that it’s all about shareholder valuation creation, and in afirecqta 4x or he can’t fail to achieve something!
Got booted is reasonable assumption, along with Nunes and Hastings. Singer is kicking arse. Dan was a great talker (generally to non shareholders) while frustratingly eavasive and delivered nothing in his IR role. Clearly his short lived COO role suggested he wasn’t an integrator or leader. No surprise that all the Rthm guys are being shot by Singer. Just a shame that was always a takeover by Yume engineered by Tosca was structured to give away Rthm equity and not deliver a premium and exit to Rthm shareholders. The non execs should all be shot too. Makes you wonder what “management expectationsâ€￾ are since I have no idea who management is. Only saving grace is that numbers seem good and in Singer we do seem to have someone who recognises that it’s all about shareholder valuation creation, and in afirecqta 4x or he can’t fail to achieve something!
11-06-2018
Results??Need to be real prifits and clarity around forward guidance!!This may nudge them towards the 3 pound mark.The year high remains around 4.80 then drops going into the year.A bid is coming either way and Tosca will take it private.....good results they may offer above £5.Bad results and they may only offer 3.40-3.70.Either way there is no longevity for the small pi to reap any rewards here for the future.Let’s just watch the game now the scoreboard is never going above a certain level.58p is my aversge here now and i just want out now and im sure a lot of us feel the same.I cant even be bothered to be a bull or bear here anymore.Use common sense and accept the offer on the table when presented with it.Played by smarter players here.Sorry to all who’ve lost a fortune here, but i hope not all your eggs were in this basket?Fucking roll on takeover day!!
06-06-2018
With just shy of 30% Tosca are running the show here. They were instrumental in the YUME takeover and will have a defined end game to show some profit for their work to date. They will want a lot higher than 20p !
04-06-2018
Midas, I feel I should buy some more. Have the cash. My average is 460, so I could easily double up and bring it down to 335. I just feel we are about to be 'shafted' by a low-ball takeover, so best left alone I think!
03-06-2018
thanks footfall.so Tosca and Odier have 35%. Enough to block a takeover but not enough to execute a take-under
29-05-2018
I view this as a positive thing, sure the timing is tricky but i'm glad they kicked Ted out. Seemed just as useless as our 'Inflection man' Brian Fuckupperjee. Ted shoved a Yume deal with some shitty terms down our throats and managed to get the share price to half the fucking IPO price. Yes, very sad he's gone...NOT! Now that Singer has placed all his minions (We still got Ed wreckenelli left)we imo will either get a low ball takeover offer or they (Singer club) will turn this around the same way they did with Yume and their incompetent management. Either way should result in an increase in share price and that's a nicer thing to look forward to than what Ted Copperfield has left us with.
Out of the news today don't understand why the AGM is been moved a week due to the fact they report on the past which cannot be changed so all the figures and facts which are in the documents for the AGM and results cannot be changed, the only reason for it being moved maybe to give the new person time for him to familiarise himself with the company or has was said last week takeover possibility? Alex you are banned months ago with a few others and as rocket fuel pointed out people using different IP addresses could get around it or something like that he said but now seems to have kicked in after gdpr so maybe one or two others that were banned months ago won't be posting
23-05-2018
Wheeze, a trail or not, it doesn't matter. These guys are pro's. Connections are hard to prove in court and they know it. If management comes out with a weak outlook and give support for a lowball takeover citing tough competition or any other bullshit reason it will go ahead and it will just be yet another sad AIM story. FCA, SEC boards are made up of former bankers/stock market guys. Add to that the fact they don't give a shit about AIM or OTC. There's a reason they went with the AIM listing and not the NYSE.
Totally agree Borg..TT...as I’ve said before GS jumped on here again,they may be in it for their own interest to counter a potential cheap management takeover or they could be in with the gang maximising future private profits!.... If it kicks off it’s not gonna be a smooth transaction I feel....
21-05-2018
Yes it is.I’ve increased heavily sub 2.00.I’ve been waiting for this takeover and for IR and Tosca the timing is imppecable.It’s an aim share so no real surprises.Barky will nevef see his 24.00 or Digitaresalis his 30.00.Still...i’ve had worse days and a sell in June is on the cards for a reasonable profit at anywhere near a fiver.Will be glad to see the back of this one!!Will miss insulting the regular idiots though?
17-05-2018
Ok 1gw so I see your on a personal attack as you can’t account for viex becoming the proud owners of R1 stock post takeover of YuMe then completely disposing of that holding without affecting singers website holding on the R1 site......lol I rest my case
When did singers holding on the shareholder register last change 1gw? If the 13f had shown YuMe as a complete disposal I could understand the system removing it post takeover......but R1?..... That’s a wholesale disposal of the combined holdings for viex..... They hold zilch now.....yet Singers holding remaining unchanged on the R1 holders page?......lol.... Come on.....look at the millions of shares that have shifted over the past few months but updates are nil?
the numbers don’t add up,why would he authorise a disposal at a loss?.... Would be interesting to know at what part of the takeover talks viex accumulated its R1 holding Some would just say he is a savvy investor who chose the right company at the right time!....cough.... was he just custodian of that stock for someone? Interesting stuff,but be sure it has smelled a little fishy for a while.....
19-04-2018
No takeover at all. Short this pos to zero.
Synergy savings after takeover now expected to be $15 Million! Nothing negative as far as I can see!
18-04-2018
Ajay Daved, one of their 'new' hires, was already working for Yume UK, as 'Head of Programmatic' Takeover of 1R by Yume staff continues... you'd have to wonder if any of the 'current' 1R will become 'non-core' in the future... https://www.rapidtvnews.com/2018041651691/rhythmone-makes-uk-appointments.html#axzz5D1J6k2U1
17-04-2018
Share price was low but not on its knees pre Yume lcwa.....since the deal the stock price has been screwed down...but by who?.....we were needed by Yume pre deal,this is imho a slippery reverse takeover....the joint market cap of both companies makes the current price ridiculous....I await our rewards as it’s not been realised yet!!..... Tick tock
12-04-2018
Dagsteeth, a 350p takeover price? (Post 13436) Wow, sky's the limit eh? lol
Absolutely incredible that a press release contains the usual waffle by the Nomad to prevent them being sued in the US is spun into a takeover for the Company at 350p. What drugs are you guys on?
Buys flooding in on the takeover gossip. 38,22....
Ps as we have speculated all along, the trading update will be part of the takeover announcement. 350p per share from Tosca plus Singer. This would explain the total silence for the last 2 months.
Loaf. You are a beauty. Those 2 Numis paragraphs are standard Numis paragraphs when they are acting on the sell side for a listed client. The wording is different to that used in the Yume announcements. Therefore one might conclude that one of the juniors at Numis has cut and pasted the paragraphs from another press release erroneously into this one (in which they are not needed). The conclusion therefore is that there is another set of Numis press releases prepared on Rthm which have yet to be released which by infrerence must be a takeover RNS. The total ceasing is algo trading suggests that institutions have now been brought over a wall so liquidity has dried up. Is this now the end game. All makes sense.... if this is a special screw up by Numis what a great opportunity to pile into the shares without being an insider, just being smart enough to spot the signs. Loaf, brilliant spot. Time to buy!!!!!
Anyone know why the 'Numis' paragraph is in there? No volume, NDAs and part of the takeover code on the release?
11-04-2018
YUME agreed takeover price $185 Million or £130 Million at current exchange rate. Current market cap less than £128 Million ! RHTM worth less than nothing? Games afoot as we have all debated however things must be very very bad if the current sp reflects true value. IF THINGS WERE THAT BAD WE SHOULD HAVE BEEN INFORMED BY THE BOD WHO HAVE A DUTY OF CARE TO SHAREHOLDERS!!
05-04-2018
Barky - I hear what you say. I have the R1 projections given to the SEC at the YuMe takeover as one of my bookmarks on this very laptop and like you, I am in till the end. It is fair to say, though, I am less optimistic! Stockopedia predicts revenue of $418m, profit of $44m and a P/E at today's SP of 4.5 for 2019. How can that make sense, when tech companies that have never made a profit are currently on projected P/Es of 100? I just don't get it!
26-03-2018
Digi, if the takeover offer is high enough their options automatically get triggered. In the event they sell us out on the cheap they deserve something completely different which i probably shouldn't post on a public message board. ;)
Seems spot on. From start to finish, it seems the agenda has been a lowball takeover.
Digi, i doubt it. You can't really dilute your way out of a takeover. (Only on the OTC with billions of shares in dilution lol) Also, Tosca can waiver the takeover at 30% and continue to build an even bigger stake. It seems more and more Yume key figures are infiltrating the company so it seems the hunters are already sitting at the table.
Borgioli, They wouldn't have Yume AND 1R, just 1R. And the loan was agreed after Ted Hastings took over as CEO, when there were already plans to takeover Yume. Now a lot of the old 1R management are no longer in management roles... so ES and Viex/Tosca have the upper hand.. 30% of 1R currently about £50m, I would have thought that was peanuts to Tosca/Viex to get the deal through... It's odd to see a US company wanting to list on a junior market ...more like a Yume takeover...
Ed Reginelli only lasted 6 weeks as a Secretary. He's being replaced by the new Chief Legal Officer, Amy Rothstein (from Yume)... The takeover of old management by Yume continues... 14 Feb 2018 Appointment of Mr Edward Michael Reginelli as a secretary on 2 February 2018 20 Mar 2018 Termination of appointment of Edward Michael Reginelli as a secretary on 19 March 2018 20 Mar 2018 Appointment of Mrs Amy Melissa Rothstein as a secretary on 19 March 2018 https://beta.companieshouse.gov.uk/company/06223359/filing-history
22-03-2018
Could be Barkboo, but i'm sure you know on AIM they can pretty much get away with anything. Perhaps that is why they didn't go with the Yume US listing, the fear of class action lawsuits against a criminally lowball corrupt takeover offer.
2pm RNS on what? The lowball takeover offer? lol IMO, the only thing R1 management, Tosca and Singer are currently busy with is guessing on how low they can go in terms of a buyout offer and get away with it, using paid for support from our bod. (A mediocre update with board recommendation to accept offer)
16-03-2018
Football, no word from Ted means imo they are all part of the plan for a cheap takeover. I had a bit of hope that Eric Singer would turn this around like he did at Yume but it seems he's part of the Tosca plan.
Perhaps Tosca got rid of Brian because he would not play along with the plan?YUME shareholders didn't want to sell to RTHM and Brian did not want to buy YUME.Ted was swayed as they probably indicated they would have a top spot in the chair if he backed the takeover. He did and it was bye bye Brain.....ever wondered why Brian never got to hit 52p?......ah well. Never mind.Tosca, Singer and Super Ted all sitting pretty.Just waiting for the sp to crash further so they can take the company away for peanuts.All legal and above board too, so don't argue when the offer comes, no.Just accept it!
15-03-2018
Legal action was taken because the $185 Million takeover price of YUME was considered far too low. Market Cap of the combined entity closed yesterday at $216.99 Million! Really got to admire the ability of the "Market" to take the piss out of investors. What would happen if say 20 long term investors tried to buy £10K worth of shares at the same time?
06-03-2018
Funny old thing. I have to say that is a pretty good note. Covers all aspects that we would hope for and guidence in place. A share buy back and takeover target aswell! I wonder what offer Tosca would accept?
23-02-2018
I think as 1gw has already suggested, they will try to kitchen sink as much of the one off takeover costs into the current year ending 31st March, leaving some very positive forward looking statements. It will be good to see some updated broker forecasts, post takeover and year end. The current £7 projections are a lot out of date!
22-02-2018
Cranky - do you remember way back on the 21/09/2015 when Zurich withdrew from takeover talks with RSA and you along with others laughed because I had build up a nice holding in RSA way before the announcement. Scaffolders guessed and fancied the deal...I think I remember my old friend Jarvis was already in for a few quid...a shrewd gentleman! RSA dropped from 530p to 380p in four months - again I started catching those knives! I remember telling Gordon it will be £5 again before the end of 2016 - it was in fact over 580p....nice results today. lol Cranky - I will repeat, you rags are easy!
15-02-2018
I am very pleased to report that the R1 shares and cash due from my YuMe holding have now arrived in my HL account, just about 2 weeks after completion. That has been with some chasing by me of both HL and FTI, but is way, way better in terms of delay than was the case with the Arris/Pace takeover.
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