Rws Share Discussion Threads

[undervaluedassets] 04/11/2020 21:19

Biggest translation service company on the planet.

[togglebrush] 03/11/2020 07:15

RNS ...RWS and SDL ... Scheme was sanctioned by the Court 2 Nov 2020. Scheme will become effective on 4 November 2020.

[energeticbacker] 21/10/2020 11:26

Investor's Champion comments that the forthcoming closure of the merger with SDL will create the world's leading provider of language services and technology.

[phillis] 20/10/2020 16:18

Most probably not

[eh9] 20/10/2020 14:10

No upside. Integration risk. Impacted by corona. Treading water for another 8 months

[partridge1948] 20/10/2020 13:48

Decent enough statement on my view, given all the challenges this year. Bit disappointing no financial guidance given,but I am hopeful that projected synergies of the SDL deal will be included with the year end results on 10th December and produce significantly more than the £15M estimate mentioned so far.

[undervaluedassets] 20/10/2020 11:21

Did I miss something.. ?

pretty good statement

Esp liked commitment to dividend

[togglebrush] 20/10/2020 07:13

Today’s Trading Update Synopsis
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Full year update revenue expected to be not less than GBP355 million,
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Adjusted profit before tax also expected to be in line with market expectations.
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Acquisitions earlier in the year of Iconic Machine Translations, Ltd (Iconic) and Webdunia.com (India) Private Limited (Webdunia), have been integrated and are performing well.
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Recommended all-share combination of RWS and SDL remains subject to the Court sanctioning the Scheme at the Court Hearing.
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Announcement of full year results on 10 December 2020.

[togglebrush] 14/10/2020 11:37

Press comment … hidden in a longer article …. Extract below
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We have spoken to Mr Widdowson ... SDL, the translation firm, is to merge with RWS. Mr Widdowson said: “We think the estimates for ‘synergies’ may be conservative and there could be many more financial benefits of the merger, so we expect medium-term share price gains.”
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[undervaluedassets] 13/10/2020 08:30

Merger creates a world beater.

Dilution doubts evapourating.

[tarrant777] 12/10/2020 10:54

Share price in strong recovery mode.£7-£7.50 by Christmas would be my guess unless world markets melt down. Obviously DYOR.

[togglebrush] 12/10/2020 07:40

FWIW using the 'Circular'
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No clear indication of key dates BUT GUESS … before 23 October 2020 to complete
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Court Hearing to sanction the Scheme . . A date expected to be no later than 14 days after Effective Date
D+2 Admission of New RWS Shares to trading on AIM and commencement of dealings in New RWS Shares on AIM
D+3 Trading Monday 26th October 2020 is my guess
DYOR

[eh9] 11/10/2020 12:41

It's exceedingly odd that they did not rns the vote result on Friday

[jonut] 10/10/2020 17:29

Had to troll through 12 pages of Holdings RNS's to find the info on the merger with SDL. Dearth of info on the RWS website.



The meeting has taken place on Friday 9/10/20, should have looked on the SDL board first,

[togglebrush] 09/10/2020 08:34

FWIW
Correction to detail

www.investegate.co.uk/rws-holdings-plc--rws-/rns/...

RWS is pleased to announce a shareholder circular (the "RWS Circular") will be published today that contains information on the background to, and reasons for, the Combination and includes a notice convening a general meeting of the Company (the "RWS General Meeting "). The RWS General Meeting will be held at 10:00 a.m. on 9 October 2020 at Europe House, Chiltern Park, Chiltern Hill, Chalfont ...
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that was from a google search but no sign so far of the RNS or Circular on ADVFN

[eh9] 09/10/2020 08:22

It's round about 1015 so rns lunchtime. Done deal at this stage.

[togglebrush] 09/10/2020 08:20

I have a note in my diary that today at 9.00 is the General Meeting re merger with SDL.
But only confirmation I have found so far of the possible date is:

The RWS General Meeting will be held on the same day as the SDL Meetings, which are expected to be held in early October 2020

[undervaluedassets] 05/10/2020 13:18

The fall looked very technical here.. no surprise to see this bounce.

[wjccghcc] 01/10/2020 10:38

True but RWS shareholders were always going to approve it with Brode's holding so the only risk was that SDL shareholders voted it down which was unlikely unless another offer appeared given the (non-binding) letters of intent.

[eh9] 01/10/2020 08:23

I decided that was dangerous if the deal did not proceed whereas rws shares would go up if the deal did not proceed

[wjccghcc] 28/9/2020 11:41

I switched my RWS into SDL in case of a counterbid but that strategy doesn't seem to have worked either.

[shanklin] 28/9/2020 11:15

WJCCGHCC

Yes, that is far more likely.

Wish I had thought about this before adding just after the bid was announced. Likely to add more before 9th October.

[wjccghcc] 28/9/2020 10:22

I suspect it's more to do with them retaining the AIM listing meaning a lot of the SDL shareholder funds are selling as they can't hold AIM stocks.

[eh9] 28/9/2020 08:36

The market (buy side) does not like this deal despite sell side positive notes

[togglebrush] 20/9/2020 10:53

Investor Presentation
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