Senior Share Discussion Threads

[carpingtris] 21/6/2021 12:07

is this not sitting closer to 200p purely because the market doesn't think this will go through? or because they want more?

What is an acceptable offer? given the current climate.

[dave894] 21/6/2021 12:05

Appears they have not made a firm offer as yet, the board so far it appears are yet to give it their firm backing. Could go hostile without board agreement but then LSF would have had to sound out the II's to see what is an acceptable offer to them.

[dave894] 21/6/2021 11:59

1hr 43min to turn it down on the 28 May 2021.

[castleford tiger] 21/6/2021 11:56

At what point do shareholders decide?
Or can a board keep rejecting offers?

[mj19] 21/6/2021 11:55

Normally they say no very quickly so they must be considering it

[ny boy] 21/6/2021 11:50

Sell at 225p+ soon imo

Strong hold

[babbler] 21/6/2021 11:45

Price doesn't know what board will say. It's here duento risk of a no.

[sooty snipes] 21/6/2021 10:48

Two quid a share? Yes I'll take that.

[cassini] 21/6/2021 10:28

Someone hoovering these up at 170p at the moment.

[robertball] 21/6/2021 10:14

Price would suggest otherwise

[gargoyle2] 21/6/2021 10:09

The Board has to accept this imo -- unless it can find a white knight before Friday

[dave894] 21/6/2021 09:33

FINAL PROPOSAL!

'The financial terms of the Fifth Proposal are final and will not be increased, except that Lone Star reserves the right to increase the amount of the offer price if there is an announcement on or after the date of this announcement of an offer or a possible offer for Senior by a third party offeror or potential offeror.'

......

SNR was closer to 100p when the board were rebuffing the first of the 3 offers as insiders climbed aboard the rise from 100-130p before the confirmation rns.

Nigh on a 100% increase.

[dave894] 21/6/2021 09:29

I can see the board coming under pressure to accept this proposal

£2 is good with all the uncertainty around.

[castleford tiger] 21/6/2021 09:28

There is the offer with a 2 in it.
Market thinks it will be turned down?

[gargoyle2] 10/6/2021 20:50

Lone Star still 'considering its position'. I assume that they are in discussions with the board, trying to agree on a price.

[ny boy] 02/6/2021 11:00

Keep adding on dips Sir!

[essentialinvestor] 01/6/2021 13:12

A bid may come to nothing and the price falls back further, only speculators need to worry about that.

This is a 2-3 year sector recovery play.

[babbler] 01/6/2021 12:43

It's crazy seeing people sell at this price when Friday they turned down an offer for a lot lot higher. Yet they all pile into a spike at UKOG. Hey ho more fool them. This will turn soon.

[essentialinvestor] 01/6/2021 12:19

Added a few.

Will Melrose be tempted is what I would be asking?.


Unfortunately amateurs will have piled in with margined longs
late on Friday, some of those taken a bath today.

[robertball] 01/6/2021 08:43

Today's price drop seems to be in agreement

[lindowcross] 01/6/2021 08:40

On the basis it's accepted the aeronautical industry will return to something like normal after, say, 2-3 years, my feeling is that any offer to purchase this company should not be accepted unless it's at or close to £3.00. Senior has built up expertise, (presumably) intellectual property, goodwill, clients and distribution networks over the years. The value of that is enormous. So why give it all up on the cheap?

I'm quite content to wait out the 2-3 years.

[ny boy] 01/6/2021 08:20

Adding more this morning

[ny boy] 28/5/2021 16:04

Pays to hold long term, good buy over the last year, will hold for the final show down when another bidder shows their hands

Onwards & upwards 200p+