Charles Taylor (CTR) to be taken private for £261m - a 34% premium on recent price.
https://uk.finance.yahoo.com/news/charles-taylor-agrees-purchase-deal-015335605.html
Probably was a bit on the small side for most here but I vaguely recall someone else having a holding. I seem to be getting bought out of a few things recently - RPC, KCOM, Greene King and Immarsat to come, and now this one. Will give me a useful profit on capital of around 24% instead of being slightly under, but it was a steady dividend payer and one of my earliest buys. So, yet another decision on what to replace it with.
Spiderbill
Got a credit card? use our Credit Card & Finance Calculators
Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site
Another day another takeover
Forum rules
Tight HYP discussions only please - OT please discuss in strategies
Tight HYP discussions only please - OT please discuss in strategies
-
- Lemon Slice
- Posts: 543
- Joined: November 4th, 2016, 9:12 am
- Has thanked: 155 times
- Been thanked: 182 times
-
- Lemon Half
- Posts: 8396
- Joined: January 7th, 2017, 9:56 am
- Has thanked: 1539 times
- Been thanked: 3428 times
Re: Another day another takeover
Looking at the numbers I think that the gift horse has just delivered!!
(loss making, significantly over-valued,increasing debt, negligible ROCE)..
Grab the cash with both hands asap before they change their minds !
(loss making, significantly over-valued,increasing debt, negligible ROCE)..
Grab the cash with both hands asap before they change their minds !
-
- Lemon Slice
- Posts: 543
- Joined: November 4th, 2016, 9:12 am
- Has thanked: 155 times
- Been thanked: 182 times
Re: Another day another takeover
You may well be right. Looks as if the share price ended higher than the offer + value of the coming dividend. Does someone expect a second offer? If it's still there tomorrow morning I may well sell rather than wait for the takeover.
(starts thinking again about a replacement HYP share - hmm, BHP is one that I've thought about a few times. Not much that I'd currently consider topping up with the possible exception of Regional REIT.)
cheers
Spiderbill
(starts thinking again about a replacement HYP share - hmm, BHP is one that I've thought about a few times. Not much that I'd currently consider topping up with the possible exception of Regional REIT.)
cheers
Spiderbill
Return to “HYP Practical (See Group Guidelines)”
Who is online
Users browsing this forum: No registered users and 13 guests