halifax
- 29 Feb 2008 12:33
- 16 of 17
If Tesco want to take on Currys and Comet they wouid need greater floor space than Jessops has in their shops, better to buy Woolworth's 800 stores with all their underutilised floor space.
hangon
- 04 Mar 2008 00:41
- 17 of 17
Halifax, my suggestion was just an "outside runner" - but for anyone to take out WLW, they'd need to bite into a Mkt Cap=160m, - - - whereas JSP shops are high quality, not too big ( if the electricals were selective) and could be taken out for maybe 12m, since JSP Mkt Cap is just 8m . . .
So in terms of a buy-out "bargain" I'm saying JSP is quite an interesting play....
What do you think of the 7.5% investment of UBS - hardly moved the sp....no, I don't understand it either.
Was this a private purchase, through the Broker? _ or a broker-broker share-swap, hence the sp stayed "put"?