Sepura Share Discussion Threads

[hotrocketshares] 23/11/2016 11:17

News from the city circulating 50p offer from a 2nd party.It's not who you are it's who you know

[ohdearohdearohdear] 23/11/2016 10:05

My fans (and those who can read English) will know (as I have been saying ever since those dark, ramptastic days when the share price rose above 27p):

The offer is 22p (maximum).

If the bid falls through, as it often does, the share price will plummet below 10p.

So the range is 22p - < 10p

If I held (and I don't thankfully), I would be taking the 19.5p that is currently on offer. If I was thinking of buying (and thankfully I'm not), I would give my head a good hard shake.

[mister md] 23/11/2016 09:51

apfindley - you raise good points, but as the market usually 'knows' what is going on, and the price is lingering around 20p I think the upside may be limited and the alternative (funding) less appealing.

[apfindley] 23/11/2016 09:48

MD.I think you will find that all takeover notices and many other forms of announcement state exactly the same thing regarding "may or may not". They cannot state such a thing as fact until it is fact.Its taken you a while to pick up on that point, coincidentally, just after you sold, lol.So why does hytera remain suspended? ....And hytera raising massive funds.

[mister md] 23/11/2016 09:40

made a nice profit at 25p, kept a few for final offer, but then decided to sell yesterday at 20p. why ?:
- thy fell as low as 10p on profit warning
- it feels like sepu approached Hytera and not the other way round, forcing Hytera to release an rns filled with caution
- this was not a 'definite' initial offer situation
- latest rns mentions alternatives if no offer received - potential for dilutive fundraising?
- theyve been in this situation before, Mr Drinkwater (who has been dumping his shares) bought Sepura for a pound a few years back (!) making millions from the re-list
- etc
Not trying to de-ramp etc just stating reasons to be cautious. I won't mind if a takeover does materialise (35p seems fair/realistic) but its a big IF and probability is probably 50:50 at best. IMHO DYOR etc

PS the news at Brammer today shows anything is possible though...

[l0ngshanks] 23/11/2016 09:02

Neo26 I question your arithmetic. They report in Euros. I also question your assertion. It was a good acquisition, but overpriced. The failings have been hopeless forecasting and cash management.

[neo26] 23/11/2016 00:50

so buy the company for 130m + 100m debt.

Company is screwed. it was a bad acquisition that put them in debt.

[sweenoid] 22/11/2016 22:23

There IS a filter button folks
this thread has one of the highest % of muppets I have ever seen

Fwiw-results totally as expected , appalling really and a legacy of mismanagement, however this company has good technology, good customer base and very good new recruits at chairman and interim CEO.

Hytera are still in play and are obviously serious about the potential, even paying off debt this is a proper acquisition target

I bought some more today, 20p was and is my maximum buy price for this punt.

I pity long term holders and hope they escape with 'something' but after today's result it won't be a bid greater than 35p which would suit me down to the ground.

FILTER the muppets!
S

[chadders] 22/11/2016 20:00

He has no fans just a bad case of vanity. Unfortunately a lot of threads get ruined by these poseurs who claim to know all the important answers.

He has no inside track and has no more idea of what the potential offer may or may not be than the rest of us.

We now know the current financial position as do the market and Hytera. The question is what premium are they prepared to offer -if any - and why would the new management and major shareholders accept a derisory offer of 20 to 25p when there is clear recovery plan in place a strong order book and sufficient working capital to see them through this difficult and disappointing period?

Maybe I'm missing something but I believe it's worth waiting for a few more days to see whether a decent offer materialises or not.

[ohdearohdearohdear] 22/11/2016 17:34

What a bizarre fellow you are.

No I will not be buyin. And here is why (again).

The offer is 22p maximum.

However, if the bid falls (as they often do) then the price will drop below 10p. So is the risk/reward worth it? Nah. And I have said all this many times. Isn't English your first (or second) language?

[apfindley] 22/11/2016 16:32

Haha.I thought you said takeover at 22p?Does that mean you'll be buying for a certain 10% profit from here.So funny I've drawn you into posting more tripe and wasted more of your miserable little life.Talk tomorrow twinkletoes.

[ohdearohdearohdear] 22/11/2016 15:36

Good afternoon fans.

Still no sign of apf's 35p bid this afternoon - I am surprised. Truly.

It is all panning out exactly as I predicted.

Do not forget that I also predicted a dump below 10p if and when the bid falls through.

Ciao.

[mortimer7] 22/11/2016 15:34

At a guess I would suggest it's Sepura's bankers who will be pushing them for an all cash bid. They can do this leveraging the potential covenant issue & also would see them "out" cleanly.

[glenkaz] 22/11/2016 15:23

I certainly wouldn't get a takeaway from theese guys! They take so fooooking long!! Get your bid out on the table ffs! 🤒

[bakunin] 22/11/2016 13:18

I wonder who is insisting on an all-cash offer.
If it were not all-cash, the offer price would be much higher and already made.
That would be much better for PIs as the risk would get pushed out on to market makers.
If an offer is not forthcoming and liquidation looms, then the assets could be anybody's.
Which might be what some people who are used to getting their own way want:

[knobbly] 22/11/2016 12:25

Well that's good. All the (not so) bad news out.

Onwards and upwards.

[apfindley] 22/11/2016 11:07

A "blog"Please, let's stick to REAL news we can read in official rns's, not anonymous ramblings from random nobody's who "blog".

[apfindley] 22/11/2016 10:43

Exactly greg.The Chinese are not famed for buying lemons.They see the value going forward and are ready to pounce on cheap prey.Despite the financial state from last year, the 6 Months and year ahead look much more promising. Sepura could easily rise from this low point even without the takeover. Order backlog increased, Contracts won, lots positives happened since year end.

[gregsc] 22/11/2016 10:29

I am beginning to think that this possible offer for the company is an unwelcome distraction. I would rather see Sepura recover from the economic incompetence of the past. David Barass may turn out to be more permanent than advertised.

[shroder] 22/11/2016 09:55

There are a few observations from an investors standpoint why does the share price move ahead of official RNS news releases?

If management can produce half year (unaudited) results, surely they can tie up any offer or at least illicit a firm commitment.

Why are key investors selling at this level (Drinkwater)?

[isaready] 22/11/2016 09:26

looks like "ohdear" is a constant shorter or serial complainer.

[isaready] 22/11/2016 09:24

teacup, who is obsessive. I know someone like that, a troll on another thread.