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Share Name Share Symbol Market Type Share ISIN Share Description
The Local Shopping Reit Plc LSE:LSR London Ordinary Share GB00B1VS7G47 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 31.50 31.00 32.00 0.00 0.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 0.0 -1.9 -2.3 - 26

The Local Shopping Reit Share Discussion Threads

Showing 3376 to 3400 of 3500 messages
Chat Pages: 140  139  138  137  136  135  134  133  132  131  130  129  Older
DateSubjectAuthorDiscuss
02/5/2019
09:08
So in effect this extenension is last roll of dice.
nicholasblake
02/5/2019
09:08
Thal has to get to 50.1% by Monday or offer forced to lapse.
nicholasblake
02/5/2019
07:55
Acceptances to the THAL offer fell by another 50k shares today.
tabhair
26/4/2019
03:05
I hope there will be a special dividend, but there are plans where a liquidated company can still be held in an isa, apparently this has been done before if you get the right permissions. But a dividend would rob Stoukup of the cash element which is surely thee only thing he wants from the company.
gbjbaanb
25/4/2019
22:50
Kooba - interesting question. Perhaps a good outcome would be that the bid fails and then Thalassa (edit: support returning the cash to shareholders) without the need to go to court?
sleepy
25/4/2019
22:21
So there is no timetable no court date no moves to deliver the liquidation in place...what was the vote for?Good versus evil..bit bloody dramatic !!I know the two businesses pretty well and was more than happy to take THAL offer...does that make me aligned with evil !??
kooba
25/4/2019
21:58
Good to hear that the greed of Thalassa is being defeated. Well done guys. Still a way to go in the battle to get the cash you deserve, but I think this is more a battle of good versus evil. The former has to win.
topvest
25/4/2019
17:11
I suspect that the will be an interim payment, this could be about 28p? That way the bulk of the cash is distributed with a balancing payment in due course. From previous liquidations the final payment could be 12 to 18 months, but I hope not in this case. The shares may be delisted before then forcing ISA holders to sell or transfer them.
exbroker
25/4/2019
16:06
Kooba if someone can advise on what Thal will do now the t/o is dead in the water, surely the acceptances falling it must have dawned even on his egos, then it will be easier to work out a timescale Will Thal be publishing the cost of this failed t/o to its shareholders ?
hindsight
25/4/2019
15:46
So anyone when will they liquidate the company assuming the t/o does not proceed...is this open ended? Someone who voted for liquidation surely knows the answer..this month?? this year ?? next year ..it's only taken them 6 years so far on this strategy no hurry!!
kooba
25/4/2019
09:41
nicholasblake Agreed the point is that they could now walk away. Given they have gone backwards they are just going through the motions which as stated above shows who this is designed to benefit and who it is not.
exbroker
25/4/2019
07:53
An 800,000 reduction in acceptances! Anyone who hasn’t revoked their acceptance should do so as may help court decision given offer is dead. https://www.investegate.co.uk/thalassa-holdings--thal-/rns/extension-of-offer/201904250700070193X/
scburbs
24/4/2019
16:11
Exbroker, from memory there are 60 days (last day for raises plus a fortnight)from posting till the offeror has to have achieved 50.1% (including valid acceptances)of total voting rights. If not, the offer lapses.
nicholasblake
24/4/2019
15:55
If only they would walk away and announce they will let the wind up take place (albeit not sure if egos will allow that). That would lead to a jump in both share prices which is unusual for a takeover failing, but tells you all you need to know about who it serves and who it doesn’t (ie both sets of shareholders). More likely takeover will fail and we will have to wait for the court hearing. Have they said anything on timing of that?
scburbs
24/4/2019
15:43
I think today is day 41 first close (21) plus 2 10-day extensions. If so then it can be raised up to day 46 so 1 May. There is no need for THAL to extend again if they don’t get to 50% they can walk away tomorrow.
exbroker
24/4/2019
12:23
The male Mrs May.
eeza
24/4/2019
11:49
I can't see acceptances having increased much since 10th April so it will be interesting to see what Soukup does. Just extending it again seems pointless.
stemis
24/4/2019
11:24
Anyone know the LSR timetable re winding up order going to court?And if they get it..unchallenged?? When we get our money returned.Can't see a date on docs might have missed it.Still prefer THAL deal personally but if majority want to wait and see if LSR can get liquidation through then so be it.
kooba
12/4/2019
21:49
Everyone knows the shell is largely worthless. He isn’t a real estate investor desperate to acquire a REIT. It’s an attempt at an enforced discounted rights issue that his own shareholders won’t support nothing more. The LSR share price tells you all you need to know about how valuable the offer is. If the offer fails and wind up is approved there will be a c.10% jump. I think that says it all.
scburbs
12/4/2019
17:23
He'll have to offer something like 34p if he wants me to accept any of his offers now. Liquidate the company for cash as originally planned, but I'd be happy for him to buy it all. For cash.
gbjbaanb
12/4/2019
15:20
Think Mr Soukup only has himself to blaim, and has compounded it by costing LSR holders like me 3% odd which is a few K. Only hope can see for him is to offer a lot higher cash part 25p+ which if he wants to genuinly use the Lsr shell then nothing lost, however if wants a cash grab then its not attractive to him. Actions will speak louder than words. It would be interesting to know what Thal have spent of thier shareholders hard earned so far on this crusade ?
hindsight
11/4/2019
16:05
Peeps still not convinced yet then
tiltonboy
11/4/2019
14:19
It looks like the bid is dead in the water. As at the first closing date THAL needed acceptances of another 8,623,035 shares to achieve 50%+. They've just announced they got 625,385.
stemis
11/4/2019
11:03
If I were Mr. Soukup, I would be disappointed with the level of acceptances just announced : only 20% of the shares not already held by THAL, bringing him up to 40% of LSR's capital. Rather like Mrs May's deadlines, we now move forward to 24 April. Will he do any better than she has ? Being a shareholder in both companies I have mixed feelings about these proceedings. Will he have the good sense to accept the liquidation proposals if he does not reach 50% ? I doubt it and fear that he will refuse to lose face and will prove as obstinate as our not much loved Prime Minister. I only hope that he will not be allowed as many extensions as she has.
varies
10/4/2019
13:03
I don't know whether LSR's property sale updates are designed to be vague but they certainly achieve it. 12 Feb - cash (including that to be received on sales for which contracts have been exchanged) was £23.4m. 12 properties remained, valued at £4.0m 8 Apr - cash (including that to be received on sales for which contracts have been exchanged) was £23.5m. 8 properties remained, but this time no value provided So cash up £0.1m, properties down 4. Could be all sorts of reasons for that but no real light shed. Value of remaining properties must be between £3-3.5m. Add that to cash means net asset value of £26.5 - 27m = 32.1-32.7p/share. Assumes no outstanding liabilities and no idea if bid defence costs of 0.6p/share paid yet. Wind up costs still to come.
stemis
Chat Pages: 140  139  138  137  136  135  134  133  132  131  130  129  Older
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