Sondrel (holdings) Share Discussion Threads

[parvez] 23/5/2024 13:36

I read somewhere they will decide in next 6 months after the agm however one never knows. Think about it though ROX as a private equity firm buys 48% at 10p is a no brainer if one is a long term holder.

[dennisbergkamp] 23/5/2024 11:28

Is going private absolutely set in stone?

D

[john henry] 23/5/2024 10:11

Absolutely if the Company wasnt going private share price would probably be around 20p

[aspect100] 23/5/2024 09:12

I reckon going private is keeping the price down at the moment.

[parvez] 23/5/2024 07:24

Smart move by ROX. Even if they take them private, they will either float back at a massively higher valuation or be acquired by one of the big boys. Separately the results from nvidia today just shows how massive this industry will be for the future. Either publicly floated or privately held, one is buying below the 10p ROX are paying and is a no brainer. One to lock away imho. DYOR, etc.

[source] 22/5/2024 13:13

Yes another smash & grab on AIM (like many others recently). Sondrel is a real standout though & why I will be holding through. It's simply preposterous down here considering what it's got & bulging order books etc. now decent management is fixing the stupidity this thing will rocket (even if private)...Plenty of other players will be seeing this too and why this may still surprise imo.

[john henry] 22/5/2024 12:10

Source its such a shame that the company is going private.
I would certainly invest if SND was to remain public.

[source] 22/5/2024 07:31

"..... During this period, David has successfully implemented key elements of our transformation plan and, thanks to his hard work, the Group is now on a stable footing. John has a long track record of delivering positive results for stakeholders and his wealth of experience will be invaluable."==>> "...Group is now on a stable footing...."Sondrels Order Book should start to gain a lot of attention now then. This will be a massive change for the company's fortunes if it starts to be properly valued again...

[everready1] 14/5/2024 18:29

What's the advantage of going private and how can you sell them in the future in that case and at a price that reflects the prospects?

[everready1] 14/5/2024 18:13

Thanks For replies

[washingmachine] 14/5/2024 16:56

Orderly exit will be at 10 pence
But I’ve a sneaky feeling we won’t be
If we were to be, I’m staying put !
Going private has its merits

[parvez] 14/5/2024 16:53

Delisting is someway off. Check out REDX who are/were delisting - price went up as the CEO was snapping up stock before delisting (!) I believe however DYOR. I expect the same here IMHO

[everready1] 14/5/2024 16:21

when will they delist or do they plan to quote elsewhere?

[aspect100] 14/5/2024 15:31

In the circular it states if they delist:

"an orderly exit for those shareholders who do not wish to hold shares in a private company environment"

How does that work?

[source] 14/5/2024 08:39

"...it has conditionally raised gross proceeds of £5,625,400 pursuant to a subscription by ROX Equity Partners Limited for 56,254,000 New Ordinary Shares at the Issue Price of 10 pence per New Ordinary Share...."==>> Sondrels complete market capitalisation is still only £3.7m!....Almost £2m LESS than cash it now has & it just got that cash at the promised 10p per share. Lots can happen as it's still so massively undervalued AND it still seems a very attractive business with growing order books. Let's see if others see the steal by Rox.

[robhammers] 14/5/2024 08:37

They still delisting?

[citys2874] 14/5/2024 08:26

strong buying pressure flooding in mms ready to move up again

[citys2874] 14/5/2024 08:24

now up 40 percent gaining traction and rising

[citys2874] 14/5/2024 08:22

up 30 percent moving up

[citys2874] 14/5/2024 08:21

up 28 percent this morning good start

[washingmachine] 14/5/2024 08:08

Nice little tumble :-))

[blackhorse23] 14/5/2024 08:04

Money moved to APH

[john henry] 07/5/2024 13:31

Imho share price is about to pop higher.

[researchguru1] 05/5/2024 08:41

JH, by way of background, I investigated both scenarios (an institutional investor exit, and an institutional investor entry) and came to the conclusion that the latter was probably the most plausible based on the past three days’ trading pattern (Buy and Sell volumes against the ‘real’ mid-price).

Of course, there’s always the scenario where a ‘Sell Order’ was placed six days ago and was being worked through during the past four days? In this scenario, your conclusion would have some weight, albeit the absence of a material drop in the share price, for that number of shares, seems odd considering the tight free float.

Either way, both scenarios are extremely bullish for the company:

a) An institutional investor exit means that, a large stock overhang has now been removed.

b) An institutional investor entry, on the other hand, means that, the free float just got tighter and the battle for the company is well and truly on.

Thus, I have a strong feeling that, the share prices we are witnessing now will be a distant memory in short order.

.