Share tips thread
Discussion
MisterJD said:
avinalarf said:
Firstly......Thanks for your input,it is appreciated.
So shareholders just get the cheque,that's it ?
You can't hold onto the shares ?
So if one bought the shares at 2.24 you'd have made £300 less SD and charges already paid and that's it ?
It's an all cash offer so that's what you get. You are being bought out for cash, which you could use to buy shares in Steinhoff if you wanted to.So shareholders just get the cheque,that's it ?
You can't hold onto the shares ?
So if one bought the shares at 2.24 you'd have made £300 less SD and charges already paid and that's it ?
Herbs said:
I'm looking at getting into day trading with the odd few playing a longer game and something like Plus500 sounds appealing as you can dip in and out whenever you have spare time and on whatever platform however, I have heard very mixed stories about them. so.........
What do you guys suggest to use?
I'm only looking to dapple up £2k to start (i'll leave the larger stuff to IFA).
The stories are mixed because on the one hand you have clients publishing their experiences and on the other you have hired PR agencies seeding stories to try and counter. What do you guys suggest to use?
I'm only looking to dapple up £2k to start (i'll leave the larger stuff to IFA).
Read through the FCA articles on why they have been talking to that broker and then ponder why it may have been in the brokers interests to have been operating in that manner.
It's also worth looking at the people who own the firm and as always, ask yourself 'would I let any of these people take my mother or sister out for dinner' or 'would I ever do business with that type of person?'
That should give an intelligent chap all the answers they need.
p1stonhead said:
TheGroover said:
p1stonhead said:
Sound Energy (SOU) doing very nicely for me indeed.
And me 
- I'm just trying to gauge when to pull out my original investment. Can't see that being before the results of the next drill though.Think I might stay in for a while though. There is some good news hopefully in the pipeline in the not too distant future
avinalarf said:
Poundland shares trading at 227p + today.
What's going on ?
Steinhoff EGM voted to approve the deal.What's going on ?
http://www.steinhoffinternational.com/downloads/20...
walm said:
avinalarf said:
Poundland shares trading at 227p + today.
What's going on ?
Steinhoff EGM voted to approve the deal.What's going on ?
http://www.steinhoffinternational.com/downloads/20...
Bit of an anti climax.
So I've made a few bob......hhmm.
When do I get my dosh ?
Stick with me Walm...your brains and my looks.....a winning team.
avinalarf said:
Stick with me Walm...your brains and my looks.....a winning team.
21st century Sloth Fratelli? You could cash in now in the market if you didn't want to wait. It'll be priced in that regards with the difference being roughly the interest opportunity cost of its now unconditional and no one has the remotest expectation of a rival bid or the deal collapsing.
eps said:
PapaJohns said:
I'm by no means up on my share dealing, but how about buying Interserve shares ?
They were upto £7.40 last year,a recent fine on a contract in Scotland has seen the shares drop below £3 this week,
Dunno, they seem to have increased turnover but reduced profit.... What's the reason behind that?They were upto £7.40 last year,a recent fine on a contract in Scotland has seen the shares drop below £3 this week,
ETA : Possibly going to drop out of FTSE250.. I think they've got a little more lower to go, then....
Edited by eps on Thursday 12th May 10:14
avinalarf said:
i see that Poundland shares have a sell price of 225p as I write this post.
Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
Why don't you read up about how stocks are traded a little as you're investing? Would benefit you I reckon. Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
Sports Direct are bouncing about a bit.
Although he says otherwise,I suspect he is planning to buy back the company.
Therefore the lower the share price the cheaper it is for him to do so.
What do you think ?
As the shares are relatively low at the moment,would you buy them?
All bad news coming out BUT the company is fundamentally the market leader in its field.y
Although he says otherwise,I suspect he is planning to buy back the company.
Therefore the lower the share price the cheaper it is for him to do so.
What do you think ?
As the shares are relatively low at the moment,would you buy them?
All bad news coming out BUT the company is fundamentally the market leader in its field.y
avinalarf said:
i see that Poundland shares have a sell price of 225p as I write this post.
Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
With all due respect, I truly hope you are re-thinking your "I am going to start day trading to earn my fortune" idea!!Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
You have clearly been owning PLND for some time now with absolutely zero idea of what is going on!!
PLND goes ex-div today.
(That's why all the % change figures on the stock quote are at ZERO and not down 0.9% - didn't that puzzle you???)
The offer from Steinhoff is for 227p INCLUDING the dividend.
So - you get the 2p today (or rather when it settles on 23rd September).
And then at some point - Steinhoff delists PLND and pays everyone 225p.
225p+2p=227p the price it was trading at yesterday when the deal got voter approval.
In order to qualify for the full 227p you needed to own shares YESTERDAY.
Today the shares are ex-div so you don't qualify for the 2p div.
klmhcp said:
avinalarf said:
i see that Poundland shares have a sell price of 225p as I write this post.
Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
Why don't you read up about how stocks are traded a little as you're investing? Would benefit you I reckon. Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
walm said:
avinalarf said:
i see that Poundland shares have a sell price of 225p as I write this post.
Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
With all due respect, I truly hope you are re-thinking your "I am going to start day trading to earn my fortune" idea!!Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
You have clearly been owning PLND for some time now with absolutely zero idea of what is going on!!
PLND goes ex-div today.
(That's why all the % change figures on the stock quote are at ZERO and not down 0.9% - didn't that puzzle you???)
The offer from Steinhoff is for 227p INCLUDING the dividend.
So - you get the 2p today (or rather when it settles on 23rd September).
And then at some point - Steinhoff delists PLND and pays everyone 225p.
225p+2p=227p the price it was trading at yesterday when the deal got voter approval.
In order to qualify for the full 227p you needed to own shares YESTERDAY.
Today the shares are ex-div so you don't qualify for the 2p div.
Let me try to explain something.
I'm new to buying shares directly,that's pretty obvious.
This is not my day job,my day job takes up 10//12 hours a day ,six days a week.
When I get home I'm knackered.
I appreciate that for those of you whose business it is to trade shares I appear a clutz,but I do understand how retailing works and they are they only shares I buy into directly,otherwise I just pick funds.
I thank you for helping me to understand the fundamentals and apologise for my ignorance.
I should really take a course but it's difficult for me to find the time.
Reading about it is obviously useful but it just doesn't really do it for me,I need the interaction,then it goes in.
I'm new to buying shares directly,that's pretty obvious.
This is not my day job,my day job takes up 10//12 hours a day ,six days a week.
When I get home I'm knackered.
I appreciate that for those of you whose business it is to trade shares I appear a clutz,but I do understand how retailing works and they are they only shares I buy into directly,otherwise I just pick funds.
I thank you for helping me to understand the fundamentals and apologise for my ignorance.
I should really take a course but it's difficult for me to find the time.
Reading about it is obviously useful but it just doesn't really do it for me,I need the interaction,then it goes in.
avinalarf said:
i see that Poundland shares have a sell price of 225p as I write this post.
Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
It's the pricing in of risk and convenience, as I mentioned above but you were probably too busy shagging. Why are peeps selling at this price, when if they wait a couple of weeks they'll get the bid price of 227p ?
Are they just desperate for the cash ?
First, the price has nothing to do with pound land. They aren't setting it so it's not like they want your stock. If someone did want your stock then they would be bidding above the takeover offer price rather than under.
For 1% you can take your money out now and put it to work elsewhere. It has no more work to do in this investment, the play is over so you can either sit tight and wait or grab the cash now. In addition, you are also paying to convert to cash and eliminate all possible risk of the deal tripping up, although if the market is taking stock at 225 it is pretty confident that isn't going to happen. also, it was mentioned earlier that it's an all cash takeover? In which case their is no buyer's share price fluctuation to have any impact on the target's price and deviate it.
So, in short, the market is offering you an early exit and showing you its charge for doing so.
ETA: just seen Walm's post re the div accounting for the differential. In technical terms you'd expect the price to settle under the offer terms as the charge for the convenience of exiting early.
Edited by DonkeyApple on Thursday 8th September 09:17
Edited by DonkeyApple on Thursday 8th September 09:20
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