Trafficmaster Share Discussion Threads

[tratante] 28/6/2010 14:37

I guess they only lose 3.8K if they don't succeed. Worth the gamble i guess.

Told Selftrade to vote NO for me, not that my paltry few will make any difference!

[restassured] 28/6/2010 12:57

Hopefully we can hear the cavalry charging towards us in the distance.


Have BlackRock managed to get us a 60p,70p,or 80p counterbid?

The directors of TFC are worthless,clueless, middle aged accountants.I have said it before and will say it again.

[tratante] 28/6/2010 09:45

If anything is about to happen it's got to be this week or it will be too late once the meeting's been held.

[nick100] 28/6/2010 08:58

Stuck on auction

[restassured] 26/6/2010 06:33

From the FT.




Trafficmaster lost 1 per cent to 47¾p ahead of Monday's shareholder meeting.

Blackrock disclosed that it had bought 384,956 shares in the telematics group at 48p, a penny above a recommended bid from private equity fund Vector Capital

[tratante] 25/6/2010 16:35

Presumably they won't be too happy to get 47p for them!

Is something is going on behind the scenes, or are they are just gambling on another bid? It can't be wise to buy in the hope the scheme fails because in the short term the share price is almost certain to fall.

[restassured] 25/6/2010 14:46

Blackrock bought another 384,000 shares at 48p yesterday/

[restassured] 25/6/2010 13:33

The activity seems to come from the USA,late UK time.

It ain't over until the fat lady sings.

[tratante] 25/6/2010 13:30

Still priced above the arrangement price, no smoke without fire?

[restassured] 25/6/2010 13:15

Legal and General buy again

[tratante] 25/6/2010 09:37

false alarm?

[sdavis] 24/6/2010 17:55

I reckon 60p will be about it.

[samsingh] 24/6/2010 16:35

80p for me iooooooooooollllllllllllllllll

[uppompeii] 24/6/2010 16:26

70p will do me, anyone lower ?

[restassured] 24/6/2010 16:25

80p you can have all of mine :-)

[samsingh] 24/6/2010 16:08

come on lets have it

[samsingh] 24/6/2010 16:03

whats happening selling at47.5

[restassured] 24/6/2010 15:58

Anyone hearing any rumours about a higher offer?

Presumably the co will have to RNS it pronto if they have been approached.

[restassured] 24/6/2010 15:50

Legal and general and Blackrock both purchased shares again.

[restassured] 24/6/2010 13:13

It is not a bid,so presumably the answer is yes they can increase.

[tratante] 24/6/2010 13:07

If the bid is rejected can vector come back with an improved offer, or does everything go back to square one?

[restassured] 24/6/2010 10:22

That or there are shorts trying to close out,as they have to buy the shares back.