Breaking Share News [2018]

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Re: Breaking Share News [2018]

Postby Constantine » Sun Apr 29, 2018 2:55 pm

Thunderfog wrote:
timco wrote:Sainsburys in talks with Walmart to merge with ASDA.

Personally I am hoping for a big tick up in my large holding in Sainburys first thing Monday although I fear the reverse.


WOW. Walmart is already a juggernaut. Imagine what the merger would make and the cost savings and wholesale deals possible.


Walmart would be selling ASDA.

Walmart is the world's largest retailer. Transferring ownership to Sainsburys will mean that ASDA will be part of a smaller "juggernaut" with fewer "cost savings and wholesale deals possible".

If it happens.The CMA might have other ideas. Even if the deal is approved, expect a lot of conditions. Widespread store disposals.

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Re: Breaking Share News [2018]

Postby garindan » Sun Apr 29, 2018 5:10 pm

Constantine wrote:Walmart would be selling ASDA.

Walmart is the world's largest retailer. Transferring ownership to Sainsburys will mean that ASDA will be part of a smaller "juggernaut" with fewer "cost savings and wholesale deals possible".


I don't think there is much doubt Walmart would be considering this as a sale to Sainsburys.

EDIT: Walmart will be retaining their share it seems. It actually might be a very shrewd move by them, as if it goes well they might buyout control of the combined entity and thus emerge as the biggest grocer in the UK....

However, to say the cost savings and wholesale deals will be worse is not necessarily true, in fact I'd say for the majority of items it would be entirely false. On some things yes there will be synergy, but Walmart in the UK buying produce and products from UK and European sellers is not going to have great gain from the US side of things - in a large number of cases where the purchases are not in addition to US ones. The US Walmart stores simply don't stock a lot of the stuff the UK stores do, so the benefit is not really there, and is probably one of the main reasons why Walmart has not made the impact here in the UK they might have hoped. Sainsburys on the other hand, is not tied into US market synergies.
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Re: Breaking Share News [2018]

Postby AAAlphaThunder » Wed May 09, 2018 10:50 am

Vodafone makes €18bn swoop on Liberty Global cable networks

This quote from their competitor:

Vodafone said the transaction, which includes Unitymedia in Germany, would create a "converged national challenger" in the country.

Deutsche Telekom, which is Europe's biggest telecoms operator by revenue and owns T-Mobile, has voiced strong objections to the move.

Its chief executive, Timotheus Höttges, said it would distort competition: "I personally will fight for fair competition for our customers, to ensure that we do not face a disadvantage."


if the competition doesn't like it then that means that it's the best choice for Vodafone.

http://www.bbc.com/news/business-44050682
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Re: Breaking Share News [2018]

Postby AAAlphaThunder » Tue May 15, 2018 6:45 pm

Vodafone chief executive is leaving after ten years.

Vodafone's chief executive Vittorio Colao is to leave the mobile phone giant in October after 10 years at the helm.


http://www.bbc.com/news/business-44121061
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Re: Breaking Share News [2018]

Postby AAAlphaThunder » Mon Sep 10, 2018 7:57 am

The unseasonably hot weather and England doing well in the Football World Cup have contributed to a better-than expected performance by Greene King.


Business News
September 7, 2018 / 7:24 AM / 3 days ago

Greene King toasts growth cocktail of sun and soccer

Noor Zainab Hussain

(Reuters) - British brewer and pub group Greene King (GNK.L) recovered from a flat 2017 performance in its first quarter, with sales growth driven by England’s World Cup soccer run and a summer heatwave.

Shares in Greene King, whose brands include Greene King IPA, Old Speckled Hen and Abbot Ale, rose 11 percent to 528.9 pence at 0806 GMT on the 2.8 percent sales increase.

Greene King has been battling rising costs from a minimum wage increase, higher property prices, a Brexit-spurred slide in sterling and a move away from pub drinking by younger Britons.

Analysts from brokerage Peel Hunt said the sales numbers made Greene King’s stock, which is down 6 percent this year, look significantly undervalued and upgraded its recommendation on the shares to “buy”.

Greene King, which was founded in 1799, said comparable sales for Pub Company, through which it manages its chain of 2,900 pubs, restaurants and hotels, had risen 3.2 percent over the last 10 weeks.

The brewer said it sold 3.7 million pints of beer in total during England’s seven World Cup soccer matches, with sales on the day of the team’s semi-final against Croatia up 61 percent compared to the same day a year ago.

Total beer volumes in its Brewing & Brands business rose 4 percent and Greene King said its comparable pub sales growth was ahead of the overall market, which grew 1.2 percent according to the Coffer Peach Business Tracker.

Greene King, which plans to close between 100 and 110 pubs this year, said its plan to help offset cost inflation of 45 million pounds to 50 million pounds was on track.

Anna Barnfather, an analyst with brokerage Liberum, said although Greene King’s improvement in underlying trading was encouraging, consumer pressures and uncertainty over Brexit meant it was “prudent to retain some caution”.

Greene King said its branded local pubs traded “particularly well”, with comparable sales rising 5.5 percent.

Reporting by Noor Zainab Hussain in Bengaluru; Editing by Amrutha Gayathri and Alexander Smith



https://uk.reuters.com/article/uk-green ... KKCN1LN0MB
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Re: Breaking Share News [2018]

Postby AAAlphaThunder » Mon Sep 10, 2018 4:06 pm

We are due a final dividend from Greene King on 14/09/2018 @24.40p per share.

Greene King Holding #1 = 80 Shares
Greene King Holding #2 = 103 Shares

TOTAL = 183 Shares

24.40p X 183 = £44.65

A nice little return on investment just in time for Christmas.
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Re: Breaking Share News [2018]

Postby timco » Wed Oct 17, 2018 5:47 pm

Patisserie Valery (CAKE) should be relisted tomorrow morning be interesting to see at what price given they were trading around £4.30 then the bad news followed by suspension then the selling of shares at 50p each. This alone will have a diluting effect by itself (millions of new shares) added to the cut price sale of shares to raise funds (we have seen what this can do with the shares in our broker).

I am banking on something in the 20-40p range until they rebuild trust in the fundamentals of the business and make it clear what went wrong and is this the full extent of the problem. A big loss for some an opportunity for the brave. Not one for us as it is one listed on the wild west casino otherwise known as AIM (Alternative Investment Market) where rouge companies seem to rise and fall with regularity,

I on the other hand may be brave if it gets this low as I think even with its troubles it should fundamentally be worth at least £1. It would be one I would need to hold for a while though I think.

For a while I was kicking myself for buying Marstons and not these as that was the investment choice I made at the time and although I would have probably sold them a long time ago, rare for me to keep something when it is over 100% profit, so would have made money on them rather lose as I am doing with Marstons I might have bought again later and got burnt.

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Re: Breaking Share News [2018]

Postby blythburgh » Thu Oct 18, 2018 8:11 am

AAAlphaThunder wrote:We are due a final dividend from Greene King on 14/09/2018 @24.40p per share.

Greene King Holding #1 = 80 Shares
Greene King Holding #2 = 103 Shares

TOTAL = 183 Shares

24.40p X 183 = £44.65

A nice little return on investment just in time for Christmas.


Yes but look at the heavy loss you make if you sell the shares, one I would not have brought but nice to see the boost to the funds
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Re: Breaking Share News [2018]

Postby timco » Thu Oct 18, 2018 10:28 am

timco wrote:Patisserie Valery (CAKE) should be relisted tomorrow morning


Well they have not been

Reading this bit again I thought that they would be relisted when the firm placing takes place

"(a) the Firm Placing Shares comprising 10,000,000 ordinary shares will become effective at 8.00 a.m. on 18 October 2018 and that dealings in the Firm Placing Shares will commence at that time"

But then reading this in a later release

"While it is expected that Firm Admission and Conditional Admission will take place on 18 October 2018 and 2 November 2018 respectively, dealings in the Placing Shares on AIM will only commence once the Company's Ordinary Shares cease to be suspended from trading."

It seems no firm date is given for relisting.

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