Share Name Share Symbol Market Type Share ISIN Share Description
Sanderson Group Plc LSE:SND London Ordinary Share GB00B04X1Q77 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 140.50 0.00 0.00 0.00 0.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 32.1 3.2 5.2 27.0 90

Sanderson Share Discussion Threads

Showing 501 to 523 of 525 messages
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
18/9/2019
13:44
Mine in too. Happy/sad stuff.
cwa1
18/9/2019
13:10
Proceeds in today. APC bid at 10p for 50% ROI, so not a bad return. Will another bidder emerge?
aishah
11/9/2019
08:09
Yep, goodbye SND. 'Twas a very successful investment, but was taken out too early.
rivaldo
10/9/2019
07:53
So we depart AIM. Proceeds paid around 23rd. 56% ROI
aishah
09/9/2019
11:13
Yes, the scheme to implement the takeover is in the courts today: Https://www.investegate.co.uk/sanderson-group-plc--snd-/rns/court-approval-for-scheme-of-arrangement/201909051549444129L/
jaknife
09/9/2019
10:46
Suspended pending an announcement.
aishah
11/8/2019
22:45
Think its time to assume the top is close enough despite the speculation.
zero the hero
07/8/2019
10:51
I'll never think of mergers and acquisitions in the same way again!
investopia
07/8/2019
10:28
Here's a very useful article from Edmond Jackson - I hadn't read as far down as point 17 of the RNS! Https://www.ii.co.uk/analysis-commentary/stockwatch-template-more-bids-ii508887 Extract: "While Sanderson directors, senior managers and their relatives – owning 22.3% of the share capital – appear to have accepted the offer on a "hard" irrevocable basis (i.e. binding in all circumstances) the institutions – respecting their clients' best interests – are in "semi-hard" mode. Point 17 in the 1 August RNS cites Unicorn Asset management (with 3.7%) declaring a 155p threshold for a higher offer; Downing LLP (4.3%) at 150p; and Gresham House (8.9%) at 154p. It suggests they have done their sums to conclude that if acting as responsible stewards of capital, fair value of 150p to 155p is also worth holding out for. This also reflects the market working efficiently in the balance of interests: informing advisers to a potential rival offeror, how high they need go. Aptean (implicitly its private equity backers also) would then need to trump this. It's likely they've war-gamed such a scenario i.e. 140p is effectively the opening bid and if they are lucky to get away with it, then it's been a fine tactic. Proof of Sanderson's current market value depends on flushing out any rival."
rivaldo
05/8/2019
14:29
Thanks for that. Perhaps there's still hope for more then. Certainly interesting to see quite a few trades now being reported at above 140p (up to 140.5p). Are they buys or sells (in reality, not per ADVFN!)?
rivaldo
05/8/2019
12:36
the gist of the IC comment by Simon Thompson is that the offer is low and the insti's that have agreed to it could well change their mind if a counter offer, say 155-155p were to appear and start a bidding war. He thinks there's a decent chance.
alter ego
05/8/2019
11:16
hTTps://www.investorschronicle.co.uk/comment/2019/08/05/sanderson-cash-bid-sets-up-potential-for-bidding-war
cf456
04/8/2019
06:30
It's pretty ridiculous that this SCSW tip would probably have taken SND up to around 138p-140p anyway. And the CEO knew that SCSW were likely to feature SND, since the article states that they met him "last month". Which makes the directors' and institutions' decision to sell at 140p even more supine.
rivaldo
03/8/2019
16:34
Better to get the second one mentioned in scsw now looks cheap on per of 3-4
tjbird
03/8/2019
12:57
Only just looked at this share. Must be gutting for existing holders as SCSW have made it a main recommendation today. Would otherwise have risen on Monday.
kenmill1
02/8/2019
09:14
Assuming no rival bid emerges, which seems unlikely, those investing for Inheritance Tax planning purposes should be mindful of selling their shares before the acquisition becomes unconditional. hxxps://www.investorschampion.com/channel/company-comment/sanderson-receives-a-takeover-approach Do your AIM holdings still qualify for inheritance tax purposes? Check here hxxp://aimsearch.investorschampion.com/
investorschampion
01/8/2019
13:30
TechMarketView: Aptean snaps up Sanderson for £90m US application software provider, Aptean, is set to acquire UK based ERP and SCM solutions specialist, Sanderson, for just over £90m. The acquisition, which has the approval of the boards of both companies, is being recommended unanimously to Sanderson shareholders. The transaction represents a premium of around 9.8% on the 31 July share price of 127.5p and will be completed via a specially formed UK subsidiary, Aptean Bidco. Aptean, itself a provider of ERP and SCM solutions to the manufacturing industry, was formed from the 2012 merger of Consona and CDC. The company employs around 1,500 staff and, in addition to its core North American market, has operations in mainland Europe, Israel and China, as well as a presence in the UK and India. Aptean logoAptean is ultimately controlled by funds managed by TA Associates and Vista Equity Partners - two entities well known in the SITS space. Sanderson recently released a strong set of half year financials, with overall revenue jumping 18% to £17.2m and operating profit up 34% to £2.8m (see: Sanderson confirms strong H1). The company has continued to invest in its capabilities around mobile, ecommerce and business intelligence, across the retail, wholesale and supply chain sector. In a demonstration of this commitment, Sanderson recently announced the acquisition of supply chain solutions specialist, Gould Hall Computer Services (see: Sanderson acquires Gould Hall). Sanderson look like a great fit with Aptean and the acquisition will facilitate their expansion within a major market. The US corporation will be acquiring a very strong and well-run provider that is already established in its core segment. Despite the premium being paid by Aptean, the recent near 9% decline in the value of Sterling against the dollar, means that the deal looks like very good value. Footnote from Richard Holway If you have access to the HotViews archives, you will see that we have been following Sanderson for decades. Indeed I'd count Chris Winn as an 'old' friend. He invited me to invest in Sanderson when they IPOed in Dec 2004 at 50p. Since then it has been a rocky ride to say the least. I guess a 180% gain is not to be sneezed at. But it is over 15 years! This is exactly the right deal for Chris and the other Sanderson investors. We wish him and the company well for the future.
aishah
01/8/2019
09:21
FOR IMMEDIATE RELEASE 1 August 2019 RECOMMED CASH OFFER for SANDERSON GROUP PLC by APTEAN LIMITED to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006 Summary -- The boards of directors of Aptean Limited (the "Aptean Bidco") and Sanderson Group Plc ("Sanderson") are pleased to announce they have reached agreement on the terms of a recommended offer pursuant to which Aptean Bidco will acquire the entire issued and to be issued ordinary share capital of Sanderson (the "Acquisition"). -- Aptean Bidco is an English incorporated company formed within the group of (and under common control with) Aptean, Inc. ("Aptean") and ultimately controlled by funds managed and advised by TA Associates and Vista Equity Partners. -- Under the terms of the Acquisition, each Sanderson Shareholder will be entitled to receive: in respect of each Sanderson Share 140 pence in cash (the "Consideration") -- The Consideration represents:
davebowler
01/8/2019
08:52
Any chance of a competing bid here ?
nchanning
01/8/2019
08:13
Disappointing, but maybe directors seeing trouble ahead? Just over 50% return for me.
aishah
01/8/2019
08:07
It's also surprising to see Gresham, Downing and Unicorn being so supine and giving in easily at such a giveaway price. Looks like short-termism still reigns supreme.
rivaldo
01/8/2019
08:01
I'm sure the Chairman is very pleased as he holds 11.6 million bought at nil cost to 50p.It is a derisory offer.Its not as though the new owners will have to turn it around.Its a thriving company with growing net cash. Anyway more takeouts to come with the weakness in sterling.
shauney2
01/8/2019
07:07
shame, so hard to find good companies on AIM
jaknife
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