| Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
| Spirit Pub |
LSE:SPRT |
London |
Ordinary Share |
GB00B5NFV695 |
ORD 1P |
| |
Price Change |
% Change |
Share Price |
Shares Traded |
Last Trade |
| |
0.00 |
0.0% |
119.40 |
0.00 |
00:00:00 |
| Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
|
|
|
|
|
|
| Industry Sector |
Turnover (m) |
Profit (m) |
EPS - Basic |
PE Ratio |
Market Cap (m) |
|
Travel & Leisure
|
800.90
|
110.20
|
15.10
|
7.9
|
797
|
| Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
| - |
O |
0 |
119.40 |
GBX |
Real-Time news about Spirit Pub (London Stock Exchange): 0 recent articles
| Trade Time |
Trade Price |
Trade Size |
Trade Value |
Trade Type |
No Trades
| Date | Subject |
|---|
29/10/2014
15:10 | exbroker: C&C look like a company that needs the Sprint deal to rescue them from sales stagnation and the board are qualified to do it, but at what price for Sprint?
If they do issue paper expect the company to be re registered in the UK and thus eligible to be in the FTE250 Index in due course.Or maybe no deal who knows!!!
|
29/10/2014
09:51 | timbo003: Lack lustre results from C&C this morning with "earnings growth in our core businesses of Ireland and Scotland offset by challenges in the US and England & Wales".
http://uk.advfn.com/news/UKREG/2014/article/64204058
This what they had to say about Spirit:
C&C has a differentiated multi-beverage model in Ireland & Scotland ensuring a resilient base for sustainable operating profit and free cash flow. This combined with our inherent balance sheet strength provides optionality on capital deployment. Prospective investment opportunities will always be driven by strategic fit and long term shareholder value.
With this in mind the Group approached the Board of Spirit Pub Company with a preliminary approach which was subsequently rejected by the Spirit Board. Our route-to-market capability in Ireland & Scotland is not matched in England and Wales and the concept of vertical integration in the sector is well established. Against this backdrop the Group are of the view that our commercial interests could be materially enhanced through direct participation in the management of high quality retail assets. Such models are well established in the UK and over time the combination of cash flow from branded alcohol together with excellent retail outlets have provided sustainable returns for shareholders. Such a combination would provide the Group with the enhanced position in an important consumer market while offering a range of commercial options across all our domestic markets.
Under the takeover code given the Spirit situation no new operating profit guidance can be provided. The Board are proposing an interim dividend of 4.5 cent per share representing 4.7% growth on last year.'
|
25/10/2014
12:31 | timbo003: >>>>odo
I think the value of the Green King offer has increased recently with their increasing share price (776p on Oct 17th to 798p on Oct 23rd), so there would have been little (if any difference) between the value of the Green King and C&C offers, also I suspect the Spirit BOD were fairly confident that C&C would come back with an improved offer if they rejected them the first time. When it comes to haggling, nobody never starts off with their best offer.
There's a write up in the Morning Advertiser today which suggests C&C will come back with a revised offer, they have until Nov 20th to put up, or shut up.
http://www.morningadvertiser.co.uk/Company-City-News/Magners-producer-C-C-Group-poised-to-up-Spirit-bid
|
24/10/2014
07:56 | timbo003: A few more details on C&Cs approach to Spirit here.
It seems that C&C offered £1.15p/share with a bigger cash element.
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/leisure/11183589/Spirit-accepts-improved-723m-takeover-offer-from-rival-Greene-King.html
|
23/10/2014
17:33 | timbo003: Counter offer (announced after the close today) from C&C group, the Irish based drinks group, which market brands such as Tennent's Lager and Magners Cider
has been rejected by Spirit.
Bidding battle ahead?
http://www.investegate.co.uk/spirit-pub-co-plc--sprt-/rns/possible-offer-for-spirit-pub-company-plc/201410231749011751V/
|
20/10/2014
06:34 | timbo003: Kombimatic, that rumour is now confirmed (more or less), the offer is mainly paper though, with only 8p of cash (combined worth 109.5p/share). The two companies are now in talks.
http://www.investegate.co.uk/spirit-pub-co-plc--sprt-/rns/update-regarding-possible-offer-from-greene-king/201410200700116931U/
|
23/9/2014
16:10 | jonc: £1 a share rejected.
|
23/9/2014
15:04 | abcd1234: combination,,,, but at what price for Spirit.. ??
..any opinions??
t.i.a.
|
25/4/2013
13:50 | mr_bluesky: things looking much better chart wise here now.
The price has gone back over the 200dma and the 50dma in the space of 11 trading days from the low.It has dropped back from the intraday high and I would not be suprised to see a wee pause in the price movement before its advance to cerca 70p for its first target IMO.
P.S: I bought in a few days ago!
Mr Bluesky
|
30/1/2013
09:45 | jonc: I think we will see better progress once Glenview have dumped all of their holdings
Another 2% has gone and these constant sales are keeping a lid on the share price.
|
Spirit Pub share price data is direct from the London Stock Exchange
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