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Share Name Share Symbol Market Type Share ISIN Share Description
RPC Group LSE:RPC London Ordinary Share GB0007197378 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.80p +0.44% 637.80p 639.20p 639.60p 648.40p 625.20p 635.60p 1,763,943 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 3,747.7 316.6 61.6 10.4 2,600.31

RPC Group Share Discussion Threads

Showing 2501 to 2524 of 2525 messages
Chat Pages: 101  100  99  98  97  96  95  94  93  92  91  90  Older
DateSubjectAuthorDiscuss
17/12/2018
23:15
Interesting point, peaksntroughs, patiently sitting on sidelines having sold at £7.70. Will they, won't they? My theory may be correct,(US Hedge Funds controlling this) but if not, material upside from this low. May dip toe in tomorrow morning when like the rest of the market the share price drops? GL.
beckers2008
17/12/2018
16:37
I still think a deal will come. Wishful thinking perhaps. Or maybe Apollo can see beyond the political noise and take a longer term view. They turned Berry plastics around and made 4 times their initial investment, they've done this before. Plus wouldn't a plunge in sterling on a no Brexit deal help this fairly internationally focused business? Brexit noise, EU clampdown on plastics noise, bla bla. The business is still a good one! I'm holding tight.
peaksntroughs
15/12/2018
20:09
That is by far the most appropriate outcome. The planets are aligned against a successful bid.
redartbmud
15/12/2018
18:37
Can't really see how there can be an offer that the BoD can recommend here. Market turbulence has seen to that. Sooooo .... rather than continue to kick the can down the road, I now expect the 21st will pass without that elusive offer and that suitors return after both the turbulence and section 2 restrictions subside next year.
squidsgone
08/12/2018
18:36
No it isn't. It's possible, but not "likely".
jeffian
08/12/2018
14:07
Shorts down to 4.7% now. Although not sure anyone would be adding a new short position at this level as there can't be much further for this to fall, even if talks with Apollo do end without a bid. Budgiekevin - i agree that after all this time indicative numbers would have been sounded out between Apollo and major shareholders. The statement that Bain talks were mutually ended backs this up as it suggests that Bain weren't prepared to meet this number/compete with an indicative price that Apollo might have floated. The only thing that troubles me is why there has been so much selling when a bid which surely has to be minimum 900p seems so likely.
jw121
06/12/2018
22:23
Top of the pile Budgiekevin. You talk a good talk, Just hope you're right!
billywhizz1
06/12/2018
17:38
Thank-you Budgiekevin. The best thing about your post isn't the 123 but that you seem to know your stuff and still overweight. So comfort factor. ;-)
dr_smith
06/12/2018
17:14
There seems to be a lot of negativity on this topic. Can I make a few observations. 1 in the event of a takeover the NEDS will be the first people to loose their jobs and probably with a max of 1 years salary (admittedly not bad work if you can get it but can they get another NED role?) 2 the remaining senior managers are not going to be given double digit amounts of shares in the “newco” the business will be worth approx £4 billion so they sure ain’t getting hundreds of millions to run the new entity. Realistically they will be “invited”; to buy shares at the same price as the PE company is paying. 3 there is no way that this proposed takeover has not been discussed with major shareholders and Apollo’s indicative price agreed with them. If you don’t think an indicative price has been proposed weeks/months ago then you have never been involved with PE bids. Personally if I wasn’t overweight in RPC I would be buying at these levels as I am quite confident a bid will come and the fundamentals support a higher price.
budgiekevin
06/12/2018
16:29
Phillis - Please don't shout at Grandma. She heard you first time but she still thinks the BoD was rather stupid to initiate this exercise at this moment in time so there's no knowing what they might do if it suits their own book, and her comments weren't restricted to RPC. Doubtless there will be foreign vultures hovering over other companies, too.
bouleversee
06/12/2018
15:58
The fall is now so steep that I don't see that much further downside if a bid doesn't happen, but decent 20-30% upside if it does.
riverman77
06/12/2018
15:41
William web f5 f5 f5
phishflap
06/12/2018
15:07
There will be no offer without a BOD recommendation How many more times? No BOD is going to recommend at these levels
phillis
06/12/2018
11:19
I hope to goodness the remaining potential bidder walks away rather than making an opportunistic offer around the current share price Ridiculous to be entering into bid negotiations in the context of Brexit. I hope the institutions will fight off attempts by overseas predators to take advantage of the situation to take over good British companies affected by the general malaise, not only the Brexit shambles but now Trump's antics as well.. I keep hearing alarming references to the 1930s.
bouleversee
06/12/2018
10:51
And nothing to do with environmental concerns and anti-plastic sentiment and need to find (possibly paper based) substitutes?
bouleversee
06/12/2018
10:45
It is for sale because it is small and non - core (and nothing to do with paper)
phillis
06/12/2018
10:36
Yes Sogoesit, that caught my attention too. "Strategic Review of Plastics division Following the initial review of the Plastics business, the Board has concluded that it is an attractive asset with good growth prospects, and we are now exploring opportunities for a potential sale of the division. As such, the plastics division is now being treated as discontinued. The plastics business has continued to trade well with revenues up 2%, while there has been some impact to short term profitability due to the impact of higher polymer prices and the normal lag in recovery through prices. " ------------------------- Good to see reason is attractive asset, though 2% up ain't that great. Polymer prices noted, but that doesn't help bottom line. If it is attractive, I ask myself why sell it. Answer seems to be: --------------------------- " we have a clear trajectory to reduce net debt / EBITDA into line with our medium term target of less than or equal to 2.0x." ----------------- ..so we can relax it isn't something wrong with our sector. We don't know if they had such plans for a while, so could perhaps have bumped up organic growth in sales. If they were trying.. then it bolsters RPC (BOD) view that organic expansion is difficult, whereras acquisition brings in a hopefully known quantity - along with efficiency/merger saving, cross-selling etc.
dr_smith
04/12/2018
15:34
Unfortunately, the advisors will see their job as 'get paid and avoid any future accusations of inappropriate advice' so they can continue to offer their services to others in the future. Seems the BoD are as reliant on a decent Apollo bid as us poor PI's are.
squidsgone
04/12/2018
14:27
The advisers' job is to find out what offer the institutional shareholders would accept and communicate this to the BOD For the BOd to go against this advice is barely credible And anyway what would be the point? It would be a Pyrrhic victory of a sort as their resignations would be requested
phillis
04/12/2018
12:08
Whether via bad PR management, aggressive accounting, or ill-advised inviting in of suitors - the BoD must be held accountable for significantly destroying shareholder value.. With this in mind, they may be more likely to recommend any bid that alleviates that for the short term, whether it matches their previous suggestions of company valuation or otherwise.
squidsgone
04/12/2018
11:39
It was probably just a bit of lazy journalese but it's the actions of management that have given the impression of being "troubled", not the performance of the company.
jeffian
04/12/2018
11:13
Jeffian. That is bad..though as long as I recall papers typically take a twist for a strap line to make them a more compelling read. As an old git the Telegraph anf FT were respected papers. I am not gullible but tended to believe their content. We are now decades on and the web has largely taken away their business. Frequently on thse boards such twisted and or biased "respected" press stories, seemingly doomster proffered and unverified are referenced. It is disheartening. I no longer have respect for these papers as a mere PI, and I wonder if the City does.
dr_smith
04/12/2018
10:29
They are paying their 'professional advisors' £000,000 per day to handle this deal. Do they not know the meaning of PR?
redartbmud
04/12/2018
10:16
In today's report in Telegraph Business section on the withdrawal of Bain, they describe RPC as "the troubled plastics maker". This is exactly the point about management's mishandling of the situation as, of course, RPC isn't "troubled" at all at the trading level, it's just a perception that's been created by the shenanigans of the situation engineered by statements emanating from Standard Life, the Chairman and subsequently the Board which give the impression that they need 'rescuing' in some way.
jeffian
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