Stm Share Discussion Threads

[pdosullivan] 30/7/2023 20:22

A big week in store

[chrisdgb] 26/7/2023 12:19

on my news ticker, 24/7 announced, own 1.06%......

[tabhair] 26/7/2023 12:14

re. John Moulton, where are you seeing that?

[chrisdgb] 24/7/2023 10:36

John Moulton sees value........

[smithie6] 11/7/2023 10:51

Btw

There is no firm offer as yet

"The Board of STM Group has confirmed to Pension SuperFund Capital that, should a firm offer be made on the financial terms of the Possible Offer, it would be minded to recommend it unanimously to STM Group's shareholders. Should a firm offer be made, ..."

[elsa7878] 11/7/2023 10:24

Lots of regulatory hoops to jump through here in the UK but more importantly in Gib and Malta. Will take time.

[camerongd53] 11/7/2023 10:11

The market clearly rightly or wrongly oes not consider this a done deal
If it did the price would be a lot closer to 70p.

I am happy at the moment taking the risk and getting approx 20p more for taking the risk.
The key risk is purchaser pulling out imv. Others are regularity etc which should be easily overcome
The 70p will come in handy to buy xmas presents. Not expecting the money much before halloween

[chrisdgb] 11/7/2023 09:29

Market bamboozled by the premium.........

[tabhair] 11/7/2023 09:28

47p offer now!

Could be missing something completely but this is a cash offer at a huge premium. There's no entrenched shareholder who will turn this down. The risk of the deal being turned down on competitive grounds seems very low.

[tabhair] 11/7/2023 09:20

Just bought a small slug of these at under 49p.

[tabhair] 11/7/2023 09:11

Can now buy at 50p in the open market.

[tabhair] 11/7/2023 09:09

You can buy in the market now for 53p. Market sceptical of the deal.

[catabrit] 11/7/2023 09:05

Well done to holders here. Good things tend to happen when you buy for net cash and get a free option on *profitable* going concern value! It’s just a matter of timing and the wait can be long and hard. Enjoy your moment in the sun!

[fillipe] 11/7/2023 08:56

Brilliant news of today.
Having held since 2019 I'm very pleased to see the possible 70p.

f

[arthur_lame_stocks] 11/7/2023 08:41

I am in two minds whether to sell some to lock in some profit given that there are still a fair few hurdles to cross before this is a done deal.

But then if it does go through there's another 40 percent to be had, probably before the end of the year.

[camerongd53] 11/7/2023 08:31

I was relieved and happy to see the headlines this morning that here was a possible cash offer
I expected it to be in the region of 35-40p.
Very pleased to see an offer of 70p per share.
I think that there has been a bidding war or auction behind the scenes to get such a high price. I can't see anybody else coming in with a higher price now

[smithie6] 11/7/2023 07:34

congrats to holders

especially to Baner who bt a big stake

I held for years (& it was my largest holding once) but threw in the towel due to the on-going fall in profits. Luckily I sold in 40-50p area I think & then back in around 25-35p, with a smaller amount, which did nothing, then out.

[chrisdgb] 11/7/2023 07:33

Welcome to UK small caps..............

[elsa7878] 11/7/2023 07:31

Used to be my largest holding but got fed up with the endless excuses and sold out about 6 months ago. Ouch! Well done those that stuck with it.

[arthur_lame_stocks] 11/7/2023 07:19

That's at the very top end of what I thought these were worth so I'm well chuffed.

Just have to hope it all goes through.

[pdosullivan] 11/7/2023 07:16

Great news this morning - but the value was hiding in plain sight here with the profitable stock having been broadly trading in line with its net cash

[value hound] 11/7/2023 07:01

70p!!!!! :-)

[chrisdgb] 11/7/2023 06:29

Interesting……

[arthur_lame_stocks] 10/7/2023 22:30

I'd like a fair bit more than 40p but it'll depend on what the major shareholders are prepared to accept. It looks to me like at least 50% of the shares are held by major shareholders.

It's been a pretty barren time for me on the markets the last 18 months or so, so getting a result here is nice.