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Games WorkshopNumber of shares in issue: 32.1mMarket cap: £229m (@713p)Year end: MayMarket size: 500Two interesting facts about Games Workshop (GW):- it does’t spend money on glossy accounts: no photos, no colour; and- dividends are not paid out to a pre-set timetable but as soon as there is excess cash - over the last five years the only months it hasn’t paid a dividend have been…
I just filled my boots with Kentz (LON:KENZ) two trading days before it announced two takeover approaches. Clever, eh. We’re all on here to learn so if you too want to get into a company on the eve of a takeover announcement - read on. In the last couple of years I’ve read a lot about decision making and have become familiar with many of…
On 3 May 2013 QPP announced the acquisition of Quindell Property Services Ltd for a consideration of 65,978,572 shares with a further 190m shares being issued if profit targets are met. Prior to this, on 1 February 2013 Quindell Property Services Ltd was incorporated at Companies House with a share capital of one £1 share. The founding shareholder ? Quindell Portfolio plc.
Good analysis of Kier. Shareholders put in £255m in a rights issue and get about a fifth of that back in dividends which are then taxed? Insane.
The first short on Burford has been declared today too.
Your point is fair - sloppy wording on my part.
By binary - I meant: Win/Lose, rather than 50/50.
Is it? They recognised the gains whilst there was a binary chance they would have to surrender them back to the buyer. Selling this with a put option seems odd - was it an exercise in getting some badly needed cash into the business?
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