BrahimHemdani 1 Posted January 17, 2014 Share Posted January 17, 2014 How long can they sit on a delayed notification trade? ( I am told but am by no means certain that the answer is "about a week". I had a look at the stock market rules but couldn't find anything; that said they are complex and I would certainly not guarantee that there isn't something somewhere; I'd be very surprised if there wasn't. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 17, 2014 Share Posted January 17, 2014 Why would hedge funds and such like buy shares in the company that owns a football club. Surely they have easier ways of growing their investments. They're not in it for growth, well not long term growth anyway; they're in it to make a fast buck, say 2-4 years max; and buying into Rangers at the rebirth may well have seemed like an attractive deal over that timescale. I seriously doubt if there has ever been a similar opportunity in world football (though if there has been no doubt someone on here will remind me). Fiorentina (and I don't pretend to know anything about the Italian stock market) are not as big a club as Rangers nor are Portsmouth (who are now a community owned club anyway) for example and certainly not Accrington Stanley or even Coventry! 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted January 17, 2014 Share Posted January 17, 2014 Still appears as clear as mud at present though whatever way you look at it .... Clear as mud seems to sum up the whole Club at the moment. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted January 17, 2014 Share Posted January 17, 2014 £4.5 million apparently, perhaps he'd like to invest it in Rangers International. http://www.independent.co.uk/news/business/news/mike-ashley-stumps-the-city-with-debenhams-bet-9065718.html The deal was so complex that not even the renowned Sky Business News presenter Jeff Randall could figure it out. However the nub of it seesm to be: a way of putting pressure on the Debenhams board to discuss his plans to start stocking Sports Direct fashion lines in the stores. If the board refuses, the share price could suffer and Mr Ashley would end up with a significant stake in Debenhams, which could cause further difficulties for the business. Basically he made a big bet on the shares going up based on the results; now he's betting they'll go down but not as much as someone else who is prepared to bet against hm. He may well qualify for all your descriptions but one thing is sure he's not stupid. Ashley likes a punt he once lost £129m with a bet on HBOS http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/2786869/Mike-Ashley-scores-own-goal-with-HBOS.html 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 17, 2014 Share Posted January 17, 2014 Ashley likes a punt he once lost £129m with a bet on HBOS http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/2786869/Mike-Ashley-scores-own-goal-with-HBOS.html Easy come, easy go; I guess! 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,257 Posted January 18, 2014 Share Posted January 18, 2014 EXCLUSIVE: Easdale brothers to plough £20m into Rangers JAMES and Sandy Easdale are poised to plough around £20million into cash-strapped Rangers. The Greenock businessmen, already significantly involved in the Ibrox club as shareholders and directors, are edging closer to selling their bus firm and are considering investing massively in the stricken League One leaders. The brothers are already understood to have knocked back approaches for McGill’s Buses amid rumours that one £80m offer wasn’t enough and that they’re holding out for £100m. If they succeed in getting a buyer at that price, the speculation is they will aim to increase their stake at Ibrox by investing about £20m. James, on the club’s plc board, and Sandy, who is chairman of the football board, have been building up their shareholding in recent months as they look to tighten their grip on the club. They are now generally recognised to be the powers behind the throne at Ibrox. The Easdales took over McGill’s in 2001 and, after moving back into the black by posting profits of £659,404 compared with a loss of more than £550,000 the year before, their turnover has almost doubled from £15m to £28m following the takeover of rival Arriva Scotland West nearly two years ago. These figures have made McGill’s an attractive proposition and it is a business the Easdales are prepared to offload as they have other interests, including taxi firms and private rental and commercial property. The jury remains out on the Gers’ board simply because little or no information is passed the supporters’ way and stories like yesterday’s in Express Sport that players had rejected chief executive Graham Wallace’s suggestion they take a 15 per cent cut in wages has done little to quell their concerns over the club’s financial position. Wallace, in fact, has declared there is no chance of a second administration but conceded the club can’t continue to run the way it is amid suggestions it is losing around £1m a month. And, even if the Easdales were to splash their cash, there would still be a need to rein in the general costs. But, if the Greenock pair put up around £20m, it would go a long way to easing the near-critical state at the club and, of course, help appease and win over worried fans. Express Well, well ... wonder whether there is anyone willing to by their company after all. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 24, 2014 Share Posted January 24, 2014 Approx 2.25 million shares sold this morning at 27p. 2 deals totalling 591,736 then another for the same number, which could be an error/duplicate early on. Then 700,000 + 300,000 just after noon. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,257 Posted January 24, 2014 Share Posted January 24, 2014 We'll know soon enough if someone has increased his own shareholding ... 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 24, 2014 Share Posted January 24, 2014 There has been a marginal tick up in the price and the fact that it was possible to sell that number albeit in 4/5 tranches without dipping to the levels seen in the last couple of weeks might be significant. It's possible we have seen the bottom. The title of this thread might need to be changed. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted January 24, 2014 Share Posted January 24, 2014 There has been a marginal tick up in the price and the fact that it was possible to sell that number albeit in 4/5 tranches without dipping to the levels seen in the last couple of weeks might be significant. It's possible we have seen the bottom. The title of this thread might need to be changed. Changed it to "RIFC share prices and trades". 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.