We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Whitbread shares
tin586
Posts: 98 Forumite
Interested in opinions, please (especially from shareholders, but all views would be of interest).
Whitbread tender offer is now out there.
The recent share buy back hasn’t done much for the share price (as it is ‘supposed to’). Selling off Costa doesn’t look so clever now.
Dilemma is whether or not to tender some or all of my shares.
My thoughts:
The formula they will use to work out the final price caps it at £50, so might be worth tendering at the high end (and having the possibility of getting out at a decent premium to the current share price - not guaranteed of course).
Perhaps you have faith in Whitbread continuing to do well.
But it could stagnate and be snapped up on the cheap.
On the other hand Elliott Advisors (activist investor) could force the Board to take drastic action (offload some of the property portfolio).
So many considerations and not easy.
A special dividend would have made life much simpler. Might be worth hanging on for that. It could follow if the tender offer is not fully taken up.
Thanks in advance for opinions.
Whitbread tender offer is now out there.
The recent share buy back hasn’t done much for the share price (as it is ‘supposed to’). Selling off Costa doesn’t look so clever now.
Dilemma is whether or not to tender some or all of my shares.
My thoughts:
The formula they will use to work out the final price caps it at £50, so might be worth tendering at the high end (and having the possibility of getting out at a decent premium to the current share price - not guaranteed of course).
Perhaps you have faith in Whitbread continuing to do well.
But it could stagnate and be snapped up on the cheap.
On the other hand Elliott Advisors (activist investor) could force the Board to take drastic action (offload some of the property portfolio).
So many considerations and not easy.
A special dividend would have made life much simpler. Might be worth hanging on for that. It could follow if the tender offer is not fully taken up.
Thanks in advance for opinions.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 347.9K Banking & Borrowing
- 252K Reduce Debt & Boost Income
- 452.2K Spending & Discounts
- 240.3K Work, Benefits & Business
- 616.5K Mortgages, Homes & Bills
- 175.4K Life & Family
- 253.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards