Rws Share Discussion Threads

[indiestu] 16/5/2022 09:28

Brode is an entrepreneur, if he chooses to sell the company he has built he will sell the company at a price that he feels is fair. The CGT will be be calculated following his decision to sell, a fair price being agreed and the money changing hands. It doesn't work the other way round.

[martinthebrave] 16/5/2022 09:22

CGT is the issue

[indiestu] 16/5/2022 09:09

Do you mean the tax payable by Brode on the money raised from the sale of his shares if a bid were successful? Why would this have an impact on an a bid being made if a price was agreed between parties?

[toffeeman] 16/5/2022 08:56

More likely that Brode's tax position made a deal unworkable.

[babbler] 16/5/2022 07:34

exactly. Buy op

[phillis] 16/5/2022 07:31

New old - you are a fool

[indiestu] 16/5/2022 07:29

These recent events are extremely suspicious.

How can RWS be worth 25% less than it was on Friday following a note from an Asian fund who never made a bid on RWS saying what we all knew, that they would not be making a bid on RWS.

[techno20] 16/5/2022 06:58

Not at all surprised, it looked highly speculative from the start. Annoying diversion for the mgmt team! Having said that, it might flush out other interested (serious) parties. Happy to hold for the time being.

[mip55] 16/5/2022 06:10

Further to the announcement made by Baring Private Equity Asia Fund VIII Limited ("BPEA") on 21 April 2022, BPEA confirms that it does not intend to make an offer for RWS. This statement is in accordance with Rule 2.8 of the Code.

[newbold120] 13/5/2022 09:30

The list of people from the original reply is the list of advisers for rws from their rns. Goldmans will want a fee. If Brode wants to see it I suspect he will have been canny and put them on a ratchet.

[newbold120] 13/5/2022 09:29

If I was interested in bidding I would want to appoint Rothschild as they would be most likely to have an angle....having sold sdl and dealing with both rws' advisers and having a relationship with the former sdl chair who is on the board of rws. Rothschild will in my view see the prospect of a corporate finance fee and seek to capitalise on relationships/experience/knowledge of asl/rws deal to secure the fee!

[toffeeman] 13/5/2022 07:50

>> newbold

please clarify

[newbold120] 13/5/2022 06:09

From the rns - advisers copied belowLeaves Rothschild & Co (which advised SDL) to have to hunt for their fee by trying to find a buyer! Enquiries: RWS Holdings plc Andrew Brode, Chairman Ian El-Mokadem, Chief Executive Officer Rod Day, Chief Financial Officer 01753 480200 Gleacher Shacklock (Financial Adviser to RWS) Dominic Lee Tom Quinn 020 7484 1150 Goldman Sachs International (Financial Adviser to RWS) Khamran Ali Owain Evans 020 7774 1000 Numis Securities Limited (Nomad & Joint Broker) Stuart Skinner Kevin Cruickshank 020 7260 1000 Berenberg (Joint Broker) Ben Wright Toby Flaux 020 3207 7800 MHP [e-mail] Katie Hunt 020 3128 8789

[orange1] 12/5/2022 15:21

Where do you get that information from?

[peachey1] 12/5/2022 15:00

Plenty of Advisers appointed.....expecting counter bids......

[phillis] 11/5/2022 12:16

Well there must be some talks still going on

[matthew palmer] 08/5/2022 13:51

Anyone on TECHINVEST, I am wanting to form a group of similar minded people to discuss its views etc and information.

Click my name and send a note.

[phillis] 28/4/2022 11:40

dollar strong

[tudes100] 27/4/2022 02:59

My understanding is that IP division is tracking at -8% vs prior yr rev's which equates to approximately 9m of lost rev's over the FY at similar rate of decline due to continued EU patent issues. At similar profitability to last year this would be a 2.6m hit to op profit, around 2% hit to PBT, already reflected in their guidance about coming in at the lower end of current FY PBT forecast (131.5-144.8m).

[phillis] 26/4/2022 14:40

Doubt that is the interpretation Jeff
Just normal caution at this time of the year

Or else they would be doing something about it

[jeffian] 26/4/2022 13:39

I think 'what's to know' is that if the first half is "slightly above plan", then the second half must be 'below plan' if their expectations for the full year remain unchanged.

[phillis] 26/4/2022 13:31

What’s to know?

“ We expect the Group's profit performance will be in line with our expectations for the full yea”

[martinthebrave] 26/4/2022 13:01

We already know there will be a £12m hit from the EU Patent & C.£1m from Russia. That's a 13% hit to the bottom line. What we don't know is what proportion of that came through in H1. Therefore impossible to know the running rate in H1 without these known downsides. I continue to Hold.

[brain smiley] 26/4/2022 12:37

Only 1% organic growth.Not good.