This thread is designed for punters to tip any share or shares they like from Blue Chips to Penny Stocks.
YOU CAN RAMP AS MUCH AS YOU LIKE or you can be a constructive market analyst, please yourself. Drivers Tip, Buy Low Sell High
often have a flick through the thread to see what is interesting you - most of them a bit on the "too small too risky" side for my style but one day i expect to find a gem on this thread :-)
Santander Central Hispano is reported to be in exclusive talks to acquire Alliance & Leicester PLC in a deal worth more than 6.5 bln stg.
That is over 1400p a share
The report in this morning's City AM, claimed Alliance & Leicester is thought to have indicated to potential suitors that it would accept an offer of around 6.7 bln, or 1,500 per share.
interesting punt perhaps, insofar that the downside is about 1.00, being back to where the shares were last night, and the upside is 2.75 from current level ...... worth dwelling on
Might be just as well - I have stripped a load of assets in order to get my hands on some MOG this morning - only to find that the SP has barely moved! On paper I'm expecting MOG to do a VOG, as the amount of resources involved is similar, as is the current production, so there should be blue sky ahead HOWEVER . . . MOG is almost 100% held by institutions and I have a nasty feeling that illiquidity is stifling the SP.