Ted Baker Share Discussion Threads

[john09] 04/4/2022 10:29

“ It is currently expected that a select number of parties will be invited to participate in a second phase”

[john09] 04/4/2022 09:26

215p ish was closing high over last 12 months. A benchmark

[dealy] 04/4/2022 09:20

this was a criticism of the market not the company. the stock should be much higher based on today's news

[john09] 04/4/2022 09:16

So since the 137p announcement

We know that we have had

1. An improved offer from Sycamore north of 137p

2. A new unsolicited offer from another third party

[john09] 04/4/2022 09:03

No. Watch the market cap not the share price

£264m is so small. Should be £400m +

[toffeeman] 04/4/2022 09:02

Watch 150 - double the 75 fund-raise price.

I would expect significant selling and a retrace to 135 before resuming the uptrend.

[john09] 04/4/2022 08:39

This will move up from 140p once people get their heads around it

I’ve noticed everyone is a bit slow in 2022 because the way the markets have been behaving

I mean I piled in at 115p AFTER the first RNS and here we are upwards of 140p it was money for old rope

[aringadingding] 04/4/2022 08:38

I guess we will know how serious Tosca, Schroders and Ray Kelvin are about the sale when we receive either confirmation that the company is moving from phase 1 of the sale process to phase 2 (where phase 2 involves NDAs and standstill arrangements with a selected number of bidders), or confirmation that all phase 1 bids have been rejected (in which case there would be no phase 2). No real indication of timeframe for that event but it shouldn't take longer than a few weeks really.

The process and the existence of another bidder are both great news if you ask me.

[micha14] 04/4/2022 08:30

All the board is really saying is, ye, put your offers in if you wish but go to the finance advisers and mither them with it as we have a company to run

[micha14] 04/4/2022 08:29

I dont see this being sold, i think ted is just using bids to get the share price up. Ray Kelvin still owns 15pc, why would he sell at 180-200p?? Why would Tosca sell at 200p when the company was 35£ just a few years ago and clearly has that sort of potential??

[aim0raider] 04/4/2022 08:15

Recovery underway regardless

"The Board believes the business is well positioned to create significant value for shareholders. Ted Baker is a leading global lifestyle brand and the Company continues to make good progress with its transformation. Despite the impact of Omicron on the fourth quarter of the year to 29 January 2022, Ted Baker delivered group sales growth of 35 per cent. compared with last year, and trading margin improved strongly demonstrating the progress the Company is making in re-establishing its premium brand positioning. Ted Baker has a strong balance sheet, with a net cash position at year end, and ample liquidity headroom to continue to grow."

[toffeeman] 04/4/2022 08:12

Board has formally put TED up for sale - let the auction begin.

[dealy] 04/4/2022 08:05

even on this news the stock is barely higher

[dealy] 04/4/2022 08:01

well, that was a gift buying last week

[john09] 03/4/2022 20:45

Nothing from Mark Kleinman this weekend

[qsmeily456] 31/3/2022 18:06

🛩💥🤣

[1nf3rn0] 30/3/2022 14:57

It does look like we should expect news of a 3rd bid soon. Hopefully we hear via an RNS first this time, not Sky News!Just to hedge my bets, in case nothing comes or its another pitiful and final lowball offer, I cashed in half of my 118p top up from Monday for a quick 14%.

[toffeeman] 30/3/2022 14:11

Sycamore have (as far as declarations go) 0% so they are not a bidder?

The Rottweiler and Sycamore will be deciding between them what happens - can't see a white knight riding over the horizon.

[aringadingding] 30/3/2022 14:09

It doesn't really seem credible to me that the whole Sycamore approach could have been predicated on a price of 137p. Firstly the share price has not really been below that level very long or very much, if we looked at the average share price over the last couple of years. And secondly they were never going to be able to buy it at that price. So whatever work they have done to prepare a bid I believe must have been predicated on paying a price higher than 137p.

However, I think the possibly more important part of the analysis, at this stage, comes after all that, which is: Let's say they bid 160p... will Tosca, Schroders et al. accept that? I doubt it really. It seems possible that Sycamore bid 160, the sellers want 200, and they meet in the middle on 180. Also seems possible that a bid of 160 is tabled, rejected and the company just carries on as a public company.

[john09] 30/3/2022 13:25

We are 3 pence off the failed bid now so make your own mind up !

News tonight from Sky News

[john09] 30/3/2022 13:11

Do we know what tosca would need to pay if they triggered the 30%? I haven’t followed that long

[john09] 30/3/2022 13:08

Aha

If you wanted to bid you’d explode through the 30% mark and finalise

If you’re hovering around just under the level required to trigger a bid then I’m afraid you aren’t a bidder …

[toffeeman] 30/3/2022 13:04

Anyone holding >28% is a bidder :)

[john09] 30/3/2022 12:51

I must have missed one of them then