Rws Share Discussion Threads

[togglebrush] 18/11/2020 10:12

Trading volumes have been averaging 3 times the pre merger based on stats (merger 12 trading days ago). The are several negotiated deals which appear on Stock Exchange listing but not on other lists… including two equally big £3.5million within seconds… another 8 above £100K…which may suggest big boys playing swaps.
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Normal trading yesterday had points to watch for PI’s is in the huge proportion of ALGO trades. In the trading band below 500 lot size there were 743 ALGO trades average deal £1,172 against 41 off-book trades average size £1,334. (All trade sizes 785 v 85). The ALGO trades were being made throughout the day at a rate of around three every two minutes. (some at 3 per second). Which to me indicates we had Fast Trading (Flash Guys)
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Another oddity was many trades with lot size under 10 or value £50 . That was 28 trades out of 909 (and 84 under 35 or £200). What is that ??? Signals between dealers ??? ALGO dealers doing a trial run ???
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Just my observations on an fascinating days trading. May we live in interesting times

[undervaluedassets] 11/11/2020 10:52

And probably most of them working from home in their pyjamas

[undervaluedassets] 10/11/2020 10:49

inpenetrable gyrations here.

Covid neutral surely. No moving parts. No expensive machinery to maintain. Just needs a few PC's and a lot of brainy people.

[phillis] 06/11/2020 19:23

Such eloquence!

[undervaluedassets] 06/11/2020 16:54

Tart's knickers this stock last few days..

[togglebrush] 05/11/2020 13:21

Re jonut #1102 ... shorts were IMHO, because merger partner, SDL, was on the main market and many of their shareholders were not allowed to own AIM shares (like RWS). Their sell off deflated the RWS share.

Now we are all for one and hence possible reason for closure of shorts etc and current recent share price rise.

[jonut] 05/11/2020 12:24

From the interminable RNS's, (yawns) Barclays and a couple of french firms are short here.

I can't make head nor tail of their dealings but assume the steep share price rise has something to do with these closing.

[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 10:26

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 15:18

Most probably not

[eh9] 20/10/2020 13:10

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

[partridge1948] 20/10/2020 12:48

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 10:21

Did I miss something.. ?

pretty good statement

Esp liked commitment to dividend

[togglebrush] 20/10/2020 06:13

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 10:37

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 07:30

Merger creates a world beater.

Dilution doubts evapourating.

[tarrant777] 12/10/2020 09:54

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 06:40

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 11:41

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

[jonut] 10/10/2020 16:29

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 07:34

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 07:22

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

[togglebrush] 09/10/2020 07:20

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 12:18

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