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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Six Cont. | SXC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | - |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| Top Posts |
|---|
Posted at 03/3/2003 08:48 by asphyx24 Well the bid is there but the investor are not taking it lightly Six continent down any reason why is the Bid too Hostile? |
Posted at 23/2/2003 09:50 by snaptastic Osmond to Announce $9 Bln Offer for Six Continents, Paper SaysBy Toby Anderson London, Feb. 23 (Bloomberg) -- U.K. entrepreneur Hugh Osmond will this week announce a 5.7 billion pound ($9 billion) offer for Six Continents Plc, the owner of 3,300 hotels and 2,100 bars, and pledge to return 1.5 billion pounds to shareholders, the Sunday Times reported. The cash and stock offer values the business at 650 pence a share, the paper reported, citing unidentified people. Osmond may return additional capital to investors if he makes asset sales, the paper said. Six Continents said Friday its plan to spin off the hotel unit from the pubs is better for shareholders than a breakup intended by Osmond. The leisure-industry entrepreneur said on Feb. 19 he may make an offer for Six Continents. |
Posted at 05/12/2002 14:27 by m.t.glass INVESTORS SHUN SHARES Investors' confidence has been shattered by recent stock market volatility with nearly three-quarters of people saying they would not put money into shares for some time. Around 73% of people said they could not see themselves investing directly in stocks and shares again soon. And some 34% said they had lost confidence in the future returns equities would offer, according to insurance giant AXA. Two-thirds of those questioned said they planned to take less risk with their investments in future than they previously had. Protection Another 24% said they had cashed in their shares during the past 12 months or reduced the amount of money they were investing in the stock market. The research also revealed a growing demand for products which protect the money invested but also give some exposure to the stock market. Around 57% said that, in the short-term they would only consider investing in equities if their capital was protected. But despite investors' caution, 44% still think stock market based investments will produce better returns than savings accounts in the long run. SkyNews - Last Updated: 14:00 UK, Thursday December 05, 2002 |
Posted at 30/11/2002 10:55 by marquis JPDM - 29 Nov'02 - 19:26 - 21 of 21I suspect that it is dependent on pulling off the de-merger & therefore is as yet indeterminate. Thanks for the reply. I thought it was a forgone conclusion that they would demerge. IMHO if I was an institutional investor I would say no, because all it appears to do is provide extra top executive jobs with extra huge salaries and share options to those who are in the right place at the right time. Whilst giving a load of 'flannel' to Six Continents shareholders and using a cash mountain to pay off the doubters, with a cash back of 80p+ a share. In the past they sold off Corals too cheap and gave money back to shareholders. It is 'death by a thousand cash backs'. If that is what they want to do, fine, but they might as well sell off everything all at once and give it back all at once.... No wonder the shares flounder around at the same price for years..... Will SXC reach 800p, yorke - 12 Apr'02 - 17:29 Answer: NO, unfortunately! |
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