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Ever been in a share with possible takeover news?


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Ok so I put £1200 into a share today, the share in question is Sepura (SEPU) it rose 25% today, talks of possible takeover bids and lots of speculation , at 17.14 PM today an RNS came out and it confirmed the speculation.

The 12 month high price on this company is 198.00 , at finish today before the RNS price was 18.50

So come monday its pretty safe to say there should be a rise in price. I have never been in a share with a possible takeover and i'm not sure how to play this. "possible" is not set in stone, so may at least bank some profits, or might be brave and see what happens..IF I wait it out and a takeover happens, will i just wake up with no SEPU shares one day and cash on my account instead?

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The price on Monday will go close to the take over price offered for example 35 p offered your share will go close to 33 p /34p 

there will be a cool off period eg min 14 days so other interested may join the bidding wars 

during or after your lovely 

CEO will recommend you to take the offer or not (general meeting)  then your broker will send out letter to accept or reject the offer 

If you only have 1200 pounds worth don't worry too much just see how it goes 

MY TOTAL FORUM TRADE FEEDBACK IS 100 AND IT IS 100%

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7 minutes ago, Madstacks said:

Thanks fehk, no firm offer price just in talks apparently - but extremely encouraging. Will wait and see what the offer is! 

 

 

after market rns are a kind of tactics 1 st there will be more media coverage 2nd they want to see the market reaction 

dont forget yearly high is over 100 

investors lose money may opposite this idea 

Depends on the current nav , earning potential (pe x11) you will see the bigger picture  don't forget to minus debt  divided by total shares + options 

MY TOTAL FORUM TRADE FEEDBACK IS 100 AND IT IS 100%

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try to find out what hytera is after.

if so, what kind of offer will it likely be? (shares + cash?)

it's likely that no real offer news will be made before

2nd dec. thus likely no big move in price. there's a

month yet before the deadline so you can still hold

whilst doing more research.

I would wait a week and see what the share price

does. then determine your exposure by using your

understanding of the company as a guide.

(having said that us elections are next week and

maybe a drop across the board is in place?)

sepura net assets are ~30p. if in doubt take

some profits and have currency to try again?

 

HH

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That's a really good point about investors in at a higher price being less likely to want to accept an offer substantially less than the price they bought in at. I only hope the company considering the offer will go in high to make accepting more likely. 

Thats a good plan HH, I wont make any rash decisions on this, Id like to wait and see if there is any other interest from motorola also.

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May be you should think about which coin to buy and called it SEPU 2017...... achievements / milestone / freebies / treat  , if there is any deal , it would not complete during 2016 that's why is sepu 2017 

and congratulations you have something to be happy during the weekend 

MY TOTAL FORUM TRADE FEEDBACK IS 100 AND IT IS 100%

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charging a fair price is likely to work.

ignore past performance. investors in the red

are already in the red.

 

I remember bradford and bingley refused talks

because they believed they were worth much

more. as history tells us it was sold to santander

for lower than they were initially offered.

 

(I don't see an offer materialising that is anywhere

near 198p)

 

volume speaks volumes :) pay close attention to it.

 

HH

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No that would just be to go to be true (for me at least)

I did just read this though

Under Clause 6.1 of the Takeover Code (http://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf?v=12Sep2016), it states the bidding company’s offer must not be less than the maximum price paid for any shares in the company in the three months before the intention to make an offer is announced. 

Thats 57p minimum if true. 

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I have a small portfolio of shares and over time a couple have been merged, or sold. Only a minority though. 

The share price will rise and unless there is expected to be another bidder who will go over the offered price, the share price will be close to the offer price you already know about. If the 'market' thinks another bidder may emerge the price might be even higher. 

You can sell ahead of the close of the offer in the market and bank your profit but you would pay dealing costs. If you wait till the deal closes and it goes thru you will get the full price with no dealing costs either as a cheque or into your holding / nominee account. That could take a little time though. 

Does this help. Either way, great timing. CB 

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Madstacks, I picked these up in early Oct on the way down at about 17p. A very good company which has picked up some good contracts, but unfortunately picked up too much debt when making acquisitions.

However, this is not an AIM share, but regular market, so don't expect it to be trading at £1.50 come Monday. That being said even at 35-50p a share it is still relatively cheap as they hold good contracts and tech that the likes of Hytera, and Motorola would like. So fingers crossed for a bidding war.

Generally in takeovers, I usually sell up when the share price gets close to the agreed takeover offer price. A small trading fee, but I get my profit, as these takeovers can, and occasionally do fall through.

In this instance I am currently undecided.

If it goes crazy next week, I may sell out at a profit that I am happy with, and never look at the share again to see what could have been, or I may sell enough to recoup my original investment and leave the rest (the profit) riding.

Good luck, and don't get too greedy....remember events back in May :D

Currently stacking 1/4 oz (22ct) and Sovs.

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Hi Bob glad to see another forum member with some of these!:D our averages are almost identical, i'm in at 16.6p average  (bought some at 15p and had a gut feeling late afternoon and bought more at 18p)

Its so hard to know what to do, But i may well take profit tomorrow if the price goes ballistic, I only have approx 6600 shares , and since they were acquired only on friday it would be a very quick effortless profit, with cash banked for US election results in the event of a trump win. 

Would sting though to sell at 28/30p then look back in a month or two and see the deal was settled at 80p or something lol. 

Maybe taking my original stake out around the 30p level should we get there and let the rest ride is a good idea to be safe. Im underwater on the stock market and it would be nice to recoup some previous losses. 

One thing I am certain of is I will be glued to the screen tomorrow:P from what i can see on LSE half of AIM wants to try and get in first thing.

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2 hours ago, Madstacks said:

Hi Bob glad to see another forum member with some of these!:D our averages are almost identical, i'm in at 16.6p average  (bought some at 15p and had a gut feeling late afternoon and bought more at 18p)

Its so hard to know what to do, But i may well take profit tomorrow if the price goes ballistic, I only have approx 6600 shares , and since they were acquired only on friday it would be a very quick effortless profit, with cash banked for US election results in the event of a trump win. 

Would sting though to sell at 28/30p then look back in a month or two and see the deal was settled at 80p or something lol. 

Maybe taking my original stake out around the 30p level should we get there and let the rest ride is a good idea to be safe. Im underwater on the stock market and it would be nice to recoup some previous losses. 

One thing I am certain of is I will be glued to the screen tomorrow:P from what i can see on LSE half of AIM wants to try and get in first thing.

no need to glue to the screen:D just set up RNS alert , price alert will do

MY TOTAL FORUM TRADE FEEDBACK IS 100 AND IT IS 100%

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6 hours ago, Madstacks said:

Would sting though to sell at 28/30p then look back in a month or two and see the deal was settled at 80p or something lol. 

I personally wouldn't sell that low, but at whatever price you sell, if you are happy with the profit, just move on. It could have rocketed in a month, or be back at 15p....at which point I would be back in, as this is a decent company. Used to be a good divvy payer as well for 10 years plus before the last management took too much debt.

Be wary of places like LSE, very hard to tell the intentions of a lot of posters, plus the usual doommongers and over optimistic dreamers.

3 hours ago, fehk2001 said:

with cash banked for US election results in the event of a trump win. 

It would be handy indeed to have cash to take advantage of a post election plummet :)

Currently stacking 1/4 oz (22ct) and Sovs.

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4 minutes ago, BaldyBob said:

I personally wouldn't sell that low, but at whatever price you sell, if you are happy with the profit, just move on. It could have rocketed in a month, or be back at 15p....at which point I would be back in, as this is a decent company. Used to be a good divvy payer as well for 10 years plus before the last management took too much debt.

Be wary of places like LSE, very hard to tell the intentions of a lot of posters, plus the usual doommongers and over optimistic dreamers.

It would be handy indeed to have cash to take advantage of a post election plummet :)

I didn't said that 3 hours ago , that's from Clive  :P 

MY TOTAL FORUM TRADE FEEDBACK IS 100 AND IT IS 100%

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I Think I would just really like to take some money of the table , but that's mainly due to my situation and past losses- had i been invested longer than 3 days i would certainly want more, but who knows - I may just hold, or it may rise past 28/30p really quickly anyway:) 

Another possibility is sell enough to recoup half of my investment, giving me a really nice average price that would be very hard to lose on.

I do take LSE with a pinch of salt, have been reading there for a few months now and the constant rampers/derampers have become pretty clear. I do find it a handy site though i like it for a general overview of how PI's are feeling and a few of the features there.

 

 

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6 hours ago, Madstacks said:

I Think I would just really like to take some money of the table , but that's mainly due to my situation and past losses- had i been invested longer than 3 days i would certainly want more, but who knows - I may just hold, or it may rise past 28/30p really quickly anyway:) 

Another possibility is sell enough to recoup half of my investment, giving me a really nice average price that would be very hard to lose on.

I do take LSE with a pinch of salt, have been reading there for a few months now and the constant rampers/derampers have become pretty clear. I do find it a handy site though i like it for a general overview of how PI's are feeling and a few of the features there.

 

 

1)DYOR........ 2) treat yourself something nice :D 

 

MY TOTAL FORUM TRADE FEEDBACK IS 100 AND IT IS 100%

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Well I sold half my shares at 25.65 - probably to low i know, but i can now hold the rest more easy as this leaves me with 3417 shares with an average price of 8.4p per share. I will leave these in now and see what happens :)

Should things cool of and go back down to the 20p level will rebuy in.

Edit, back in, with a whole 15 extra shares lol....Really conflicted on this one..

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Bit of a disappointing end to the day ending at 22p, but i have decided to let this one play out. Should the SP get closer to 40p will reevaluate.

Bought  in RCN at 50p this morning after it lost 70% of its value, only in for £500 , probably out tomorrow at some point, or possibly wait for recovery. 

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2 hours ago, Madstacks said:

Bit of a disappointing end to the day ending at 22p, but i have decided to let this one play out. Should the SP get closer to 40p will reevaluate.

Bought  in RCN at 50p this morning after it lost 70% of its value, only in for £500 , probably out tomorrow at some point, or possibly wait for recovery. 

casino :wacko: 

MY TOTAL FORUM TRADE FEEDBACK IS 100 AND IT IS 100%

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3 hours ago, Madstacks said:

Bit of a disappointing end to the day ending at 22p

Still a 17.5% rise on the day, on top of 25% yesterday. I banked my original stake, but will go back in if it ever goes below 20p again. Even if no takeover this is still a viable company.

Currently stacking 1/4 oz (22ct) and Sovs.

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I might not last much longer Madstacks, depends how long it drags on. There are other opportunities to explore.....and none of them in AIM. I buy a lottery ticket if I feel like gambling :D 

Currently stacking 1/4 oz (22ct) and Sovs.

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