RSM Tenon Share Discussion Threads

[ukmassy] 16/8/2013 11:18

Seems like a few buys on ISDX. Sells on LSE!

[ukmassy] 16/8/2013 11:14

I took a very small punt. But I won't stay in overnight. I guess the fact that lloyds won't pull the plug yet could be a good thing.

[ryan83] 16/8/2013 11:08

are you in massy?

[ukmassy] 16/8/2013 11:07

Debt for Equity?

[skater] 16/8/2013 08:30

Who are these buyers, they can have mine at 2p

[cascudi] 16/8/2013 08:30

Nigelpm , so am I correct to say that if they will do an offer , it will not be anymore in cash but by buying shares base on today news? Apologies for my ignorance

[nigelpm] 16/8/2013 08:21

Hmm. one thing doesn't quite add up here.

If Baker Tilly can't see any value why are they buying shares?

[the shuffle man] 16/8/2013 08:15

Cascadi shareholders are doomed we will get nothing :-(

[cascudi] 16/8/2013 08:01

I thought that the high debt was not a surprise when they announce the initial offer.

[ukmassy] 16/8/2013 07:30

cascudi. can you not read? It says there is little value in the shares if any. Most companies who announce stuff like this end up in admin.

[cascudi] 15/8/2013 09:34

4.2m shares. Buy or sell? Price up so it must be a buy , I guess?

[imastu pidgitaswell] 08/8/2013 13:40

If you look a bit closer, you'll see he's dumping a larger position in stages. He bought shedloads a while back, for a higher price, as he tends to do 'cos he believes he is a bit of a guru, and like to publicise himself as such. And just got it wrong. Again...

[king_roster_iii] 08/8/2013 13:03

Gets even more interesting - Crispin Odey - one of the most astute investors out there has taken a big chunk.pidgeon - what's your view on that then ??

[imastu pidgitaswell] 08/8/2013 09:56

Not really. Try buying, selling and making a profit of any substance.

Also, which part of the announcement (when the shares were at 3p) is not clear?:

"The Company has been providing certain information to Baker Tilly to facilitate their investment evaluation process.

Given the level of debt within the Company, any potential transaction would require the support of its sole lender, Lloyds Banking Group plc. As a consequence, the Board considers that, if an offer is made, it is likely to be at a level which is significantly below the current market price of the ordinary shares of the Company.

This announcement is being made with the agreement and approval of Baker Tilly"

i.e. the outfit that has approached them has made clear they won't be offering much, will be well below the previous 3p share price, and that it may not happen anyway. The fact that the information has been supplied tell you all you need to know about management options. This approach is needed...

[dewtrader] 08/8/2013 09:14

look at those buys rolling in

[king_roster_iii] 08/8/2013 09:12

Ignoring the ramping, it certainly looks like something is going on?

[targatarga] 08/8/2013 08:54

false dawn?

[dewtrader] 08/8/2013 08:47

taking off

[dewtrader] 08/8/2013 08:41

taking off now


Something is definitely up - gets back to mortons price 15x gain

[dewtrader] 08/8/2013 08:24

Guys I thought you might want to partake in this?


TNO, a dog. What is the former dir seeing as he has bought 11%


His spouse has also bought some

Worth a nibble????