Rpc Share Discussion Threads

[furrycoat100] 08/10/2018 13:03

The article doesn't say anything about a bid being unlikely. It's pretty neutral.

[squidsgone] 08/10/2018 12:53

gambo555 - just read the FT Alphaville article, but didn't spot where it says a bid is unlikely. May have missed it, and apologies in advance if I have, can you point us to the section please.
Thanks

[squidsgone] 08/10/2018 12:36

They can be, the market will view them as being intrinsically linked.

[phillis] 08/10/2018 12:24

not necessarily - but we may never know
not wanting to pursue an interest- period - and failure to agree on price can be two separate issues

[squidsgone] 08/10/2018 12:17

The two will be seen as one and the same

[phillis] 08/10/2018 12:08

maybe that a bullish trading statement will be a counterweight to withdrawal

if withdrawal we might have to wait to see if there is a reason given
no agreement on price or something nasty in the woodwork?

[gambo555] 08/10/2018 11:55

Id say it looks like a no bidder - FT alphaville thinks its unlikely.

[cheshire pete] 08/10/2018 11:52

RPC 01933 416528 confirmed statement would be made today but timing not known.

[prokartace] 08/10/2018 11:27

Anal Aardvark?

[squidsgone] 08/10/2018 10:35

Good one .... dammit

[brain smiley] 08/10/2018 10:32

Grizzly bear !

[squidsgone] 08/10/2018 10:30

Capuchin monkey !

(your turn)

[oli12] 08/10/2018 08:36

You wonder if the eventual buyer for this is just sat on the sidelines waiting for this ‘interest̵7; to end and then the share price to continue its downward trajectory. Even if the trading update is great the mischief makers have planted the seeds of doubt about the ways RPC reports its numbers. The shorters seem positive of a no bid scenario. A bid appears less likely now IMO. I have invested in RPC for years on and off however currently RPC has lost control of the narrative.

[dr_smith] 08/10/2018 08:26

I too thought a pre 8am anouncement was likely.
I also reckon that the key figures in the 3 co's will have spent the weekend in various talks. For resulting intention of bidders they may have to wait for Monday to speak to Banks, financial support and other key figures - so, althogh an rns of this type is uncool during trading hours, I think it may happen.
It would be re4al damp squib if we hear nothing and it just lapses past the end date.

I will stay holding and await the outcome.
Dave.

[oli12] 08/10/2018 07:44

Any positive trading update will be overshadowed in the event no offer is made. Any significant drop could be a good entry point for long term investors in the event of no bid.

hxxps://www.wsj.com/articles/private-equitys-puzzling-interest-in-a-popular-short-1538921702

[jw121] 08/10/2018 07:44

Could it be to do with Apollo being an NYSE listed company and therefore needing to announce at the same time as them if they have made a bid?

[redartbmud] 08/10/2018 07:32

It must be positive. If there had been no contact, with interested parties, there would be no reason to delay the update.
Whether or not an offer materializes is another issue.

[monions01] 08/10/2018 07:28

The TU was scheduled for today - that has also been delayed. I'm not sure how to read this as either positive or negative?

[oli12] 08/10/2018 07:23

Well no news yet which does not bode well, surely if there was a deal to announce by now then they would duly do so. I guess we will find out tomorrow as the deadline is post close today.

[quick fit] 07/10/2018 09:48

So what do you think the outcome is rhubarb

[oli12] 07/10/2018 09:31

Not spotted any weekend news leak yet...like last time... when news of the ‘interest̵7; surfaced

[rhubarbcrumble] 07/10/2018 08:40

If you look at the trades recorded at about 1330 on Friday, it looks as if the outcome is certain. The imbalance is enormous!