Staggering 1.32 Share price!

[si_yidarmy]

Takeover imminent surely!

Its gone up 13 pence today alone.

Sorry for the excitement, its just that on vista you can have stock updates on the sidebar, was a big jump from this morning at 1.19 to 1.32

 

[si_yidarmy]

in addition, my dad works for BAE Systems who are massive and thier share prices are around about 4.73.....they bring in 56 billion a year on average.

madness

 

[JamesTheYiddo]

There always going up. Then down. Then back up again

 

[bugsdad]

in addition, my dad works for BAE Systems who are massive and thier share prices are around about 4.73.....they bring in 56 billion a year on average.

madness

Depends howmany shares are in issue.BAE probably have billions compared to Spurs having millions.

 

[milkman]

Yaaaay! when will the take over be likely to happen?

 

[bugsdad]

Ben says that ENIC will be gone within 6 monthsand there will be new owners.Not russians probably Yanks. The rise in the share price is indicative of this and the City is rarely wrong.

 

[PT]

Conjecture and speculation upon which mans' fortune is won and lost.

 

[Stoof]

Ben says that ENIC will be gone within 6 monthsand there will be new owners.Not russians probably Yanks. The rise in the share price is indicative of this and the City is rarely wrong.

Yanks don't want to invest in anything at the moment. I'd be very surprised.

 

[Bonjour]

There always going up. Then down. Then back up again

Indeed. Just like a bride's nightie.

 

[C0YS]

There always going up. Then down. Then back up again

I think its a too big jump to be just a normal "going up"

 

[Bonjour]

They did the same back in late May / early June.

 

[SpurSince57]

Ben says that ENIC will be gone within 6 monthsand there will be new owners.Not russians probably Yanks. The rise in the share price is indicative of this and the City is rarely wrong.

BEN, however, has been wrong quite frequently this summer, and something tells me he isn't much up on the intricacies of City affairs.

 

[C0YS]

They did the same back in late May / early June.

Fair enough

 

[Phischy]

It is a correction, it fell because of how cheap the deal with Sugar was and it made the city re-value Spurs, but since then it crept up slowly and someone has come in and picked off all the cheap shares. Anyone who has bought in the last couple of months has gotten a fairly good deal in my opinion.

 

[SpurSince57]

To be honest, I don't understand all this stock market stuff. Basically, it bores the arse off me so I've never made any attempt to understand it. But the notion that ENIC will sell up by March, before the possibility of CL football has been extinguished and before any serious move has been made on stadium development, strikes me as improbable in the extreme.

 

[carrickature]

They did the same back in late May / early June.

and didnt Sugar sell up a large slice of shares?

 

[justfookinhitit]

Couple of things -

1 - Many large institutional investors take a portion of their funds out of stocks in around May and reinvest it in Sept, so you do often see a bit of a dip in share prices before the summer and a pick up at about this time of year.

2 - Stoof, there are a number of wealthy yanks that have already made the potential gains they had available in their respective sports (baseball, basketball, Americal football) and are looking for future revenue growth opportunities. And they see clubs like spurs as being a relatively untapped opportunity.

But if ENIC are thinking of selling I just can't see them sounding out potential buyers until as a minimum they have planning permission for a whacking great new stadium. But once they have that in their back pocket we will be up for sale.

 

[Spursking]

I have sold my shares now, and I am no longer a Spurs shareholder. Maybe in the future, I will buy another stake, if it is possible. I believe in this Club to go forward in the future, if we keep the management, and buying wisely.

 

[C0YS]

and didnt Sugar sell up a large slice of shares?

He sold ALL his shares

 

[Stoof]

2 - Stoof, there are a number of wealthy yanks that have already made the potential gains they had available in their respective sports (baseball, basketball, Americal football) and are looking for future revenue growth opportunities. And they see clubs like spurs as being a relatively untapped opportunity.

All I'm saying with things looking as uncertain as they are in the States at the moment, the last thing Americans (generally, which doesn't necessary include a minority of risk-adverse investors) want to do is splerge more of their hard-earned. The sub-prime stuff has hit a lot of institutions and the world-wide lending market is sufferring.

So we won't be taking on any debt-backed bids any time soon - especially from America. If it's "cash-up-front" maybe. But how many of these people have a couple of hundred mil kicking about in liquid assets?