Robotic Technology Share Discussion Threads

[chrisdgb] 31/7/2009 13:24

Another week passes by chaps...


What will the outcome be???

The coin keeps spinning...

[teelo3] 28/7/2009 14:06

Isn't there usually a annual trading statement out at the end of July? Hopefully some news in that...

[chrisdgb] 28/7/2009 13:58

100- just gone through at the mid..

[addict] 28/7/2009 12:49

I won't be taking any action prior to a resolution of the bid situation.I just find it amazing that this has dragged on for so long-after all,this company is a minnow....can't be that difficult to conduct the necessary due diligence in a timely manner.Maybe we should offer our services!

[chrisdgb] 28/7/2009 11:35

I contacted the broker to pass on to the company (which they have done) that we need some sort of statement to ensure there does not exist a 'false' market in the shares....we will see if it has any impact.

However, lets not lose sight of the fundamentals which still look good..

[addict] 28/7/2009 11:13

Still no news-farcical.

[addict] 23/7/2009 23:10

Bid price dipped to 4p only to recover again.Minimal volume traded.MM's trying it on methinks.

[addict] 20/7/2009 18:38

I think the bidders need to make their mind up one way or the other.The market for recovery smallcaps is strengthening of late.Snooze you lose,and all that.

[chrisdgb] 20/7/2009 11:39

News this week.....????

[addict] 13/7/2009 13:28

Sometimes if you pitch the bid too low you can choke on your own smoke...

[addict] 10/7/2009 10:44

I think the profile of the board members of the target company and the directorate changes give some possible clues here.As I've said before-hope the price is full and fair if the bid proceeds.DYOR

[chrisdgb] 10/7/2009 10:03

no it is basically an off the shelf company, the only director mentioned works for the corporate service provider........smoke and mirrors..

[addict] 10/7/2009 10:02

chrisdgb,
Did you get directors/cosec info?

[latifs100] 09/7/2009 16:05

hope any price above 5p is good news

[chrisdgb] 09/7/2009 14:10

I paid for the accounts on the acqn vehicle, complete brick wall, no information, just a recently set up shell company...

If the management are involved at all, we should have that disclosed??

[chrisdgb] 08/7/2009 09:53

If the company read this, it would help all holders to get some kind of holding statement as to the progress of bid/any indicated price???

[addict] 07/7/2009 09:35

chrisdgb,
I think the board were pushed into making a premature announcement because the share price started motoring up.The evidence strongly suggests the offer will be pitched above the recent transaction in the 24% holding and any formal bid within the next several months has to be above the best price paid post-announcement.As I said earlier,(in addition to your above observations)there are hidden gems here which the bidder is doubtless aware of and I hope they are reflected in the offer price,if it materialises.

[chrisdgb] 07/7/2009 08:43

I have a reasonable experience with takeovers but my take is that it is crucial for the prospective bidder to have some form of material interest and not just 'flying kites'.

Because this bidder now has nearly 25% already I think the cash bid will happen but the uncertainty remains the price.

Remember Collins Stewart are forecasting net cash of £3.3m at y/e....

Market cap still just below £3m.....

[addict] 07/7/2009 08:07

Still no announcement.'Yesterday I was indecisive,now I'm not so sure'...zzzzzz

[addict] 01/7/2009 09:59

Yes-that's the reason I ask whether it will be allowed to go too cheaply.The debtor balance is fully provided for,there's potential utilisation of huge past losses, cash in the bank equal to market cap.Bidder could secure the business for a steal price.DYOR

[chrisdgb] 01/7/2009 09:50

would be nice to get some kind of update statement, personally I have just bought more this morning, trading below cash, no brainer..

[addict] 01/7/2009 09:44

Like watching paint dry here.As the oppostion frequently say in PM's question time...will the bidder answer the question-in this case-bid or no bid?

[addict] 26/6/2009 08:45

So will this be taken out at a silly price?There's masses of potential.With cash equal to the current market cap,and strong order book the acquirer would get a bargain.DYOR

[addict] 25/6/2009 12:14

I thought most fingers were pointing to an MBO?
DYOR