THB Group Share Discussion Threads

[topvest] 09/2/2012 20:20

Yes, Fastrade (owned by Charles Stanley) are excellent - none of that nominee rubbish!

[norbert colon] 09/2/2012 09:44

From TD Waterhouse today...

"Thank you for your recent email regarding the corporate action in THB group.

In have spoken to our corporate actions team regarding this and they have advised that the accounts will be credited by the early start of next week with the funds from the scheme of arrangement"

Lucky getting your funds so soon!

[topvest] 08/2/2012 20:35

Sorry, just checked and my cash has been received today - Fastrade. Maybe check again tomorrow.

[norbert colon] 08/2/2012 14:07

I understood it would be before 8th Feb.

[topvest] 08/2/2012 13:35

Not yet. Not long to wait now though.

[norbert colon] 08/2/2012 11:34

I decided to hang on and wait for the cash payout - anyone received theirs yet? Nothing in my TD Waterhouse Acc yet.

[topvest] 15/11/2011 21:11

Yes, happy to wait to end of Jan/early Feb and get the full amount.

[nocton] 15/11/2011 16:55

March 2012 is a "long stop date". The expected timetable is given below - see that last line. So I would we get the cash by the end of January.
21. Expected Timetable
The Scheme Document containing further details of the Scheme will be despatched to Scheme Shareholders, and, for information only, to participants in the THB Share Option Schemes as soon as practicable and, in any event, within 28 days of the date of this Announcement, unless otherwise agreed with the Panel. The Scheme Document will include the notices of the Court Meeting and the General Meeting, together with the anticipated timetable, and will specify the necessary actions to be taken by Scheme Shareholders. It is expected that the Scheme Document will be posted on or around 5 December 2011 (and in any event within 28 days of the date of this Announcement) and that the Court Meeting and General Meeting will be held in January 2012. Subject to the satisfaction or waiver of the Conditions as set out in Appendix I to this Announcement, the Scheme is expected to become Effective in January 2012.

[norbert colon] 15/11/2011 12:26

Topvest. Am in reading the offer right that it will not be payable until after March 2012? Not sure I want to wait that long for my small profit...

A counter offer would be nice and is possible although in this market not something to bank on.

I can sell currently for just over 78p so i think it may be good night from me - other places to put my money now.

[topvest] 14/11/2011 15:58

Yes, not a bad outcome although I had hoped for more. Bought 3 years ago at 63p myself, so at least it's a profit + had a reasonable dividend stream.

[norbert colon] 14/11/2011 07:21

Offer set at 80.55p

28% premium to share price prior to offer (July 2011).

[norbert colon] 08/10/2011 16:07

Deadline for offer closes on 17th Oct.

[topvest] 28/8/2011 08:44

I'm hoping for a £1

[norbert colon] 27/8/2011 18:59

I see that Guy Thomas (via Hazell Carr) is slowly increasing his stake, now up to over 2% which i take as conviction that the bid from AmWINS is likely to be 20% in excess of the current market price. Clearly a great little company THB and i will be interested to watch the bid unfold. Hopefully will be successful. Does anyone have any idea of a likely takeover price? Nobby

[topvest] 14/7/2011 20:40

Yes, would hope for a £1 imo. Patience needed.

[vulgaris] 13/7/2011 21:55

Possible bid from AmWINS of the US----- price up 15% in the past few days. More to go for?

[battlebus2] 09/2/2011 18:53

Should soon see 60p here.

[battlebus2] 09/2/2011 07:27

Good numbers albeit with market conditions. Dividend up to 2.8 from 2.5 will do me.

[edmundshaw] 08/2/2011 21:04

That looks about right for NAV Spec, but what about NTAV, as £38m of those assets are goodwill and intangibles.

NTAV is negative. Not particularly appealing to me...

[battlebus2] 08/2/2011 20:35

Looking for great results here as trading was above expectations.

[doctorjohnson] 11/1/2011 17:41

Looks like the share speculator has bought some. Usually a good sign I find. Hasn't bought many though. his trades are posted on www.sharespeculator.com

[spectoacc] 10/11/2010 15:42

Wonder if we're a bit small for the press to pick up on the t/s; also I'd like to know if October's trading is a one-off, or if this pushes up future estimates too.

[spectoacc] 10/11/2010 15:24

You're quick @gameforalaugh!

PQ reckons 2010 consensus was for £47m t/o, £4m pre-tax, NAV of 78.5p. Presumably we're looking at profit something like 10-20% above that for this t/s. Not bad on a £20m co, even if insurance broking can be a bit of a "special case" when it comes to valuations.