the technical charts for RTR show a target price of 470p they are at 408 now i think its a good time to buy this one - your feedback is much valued

AFX
2.21pm


LONDON (Thomson Financial) - Thomson Corp said its vice chairman, Brian Hall, will leave the company following the agreed 8.7 bln stg cash-and-shares takeover of UK-based financial data and news provider Reuters Group.

'Brian Hall has been an exemplary leader (and) will leave behind a legacy of excellence,' said Dick Harrington, chief executive officer of Thomson, in a statement.

Harry Peterson wrote on a new thread he started here(!), "Considering it's a well and truly 'done deal' at over 690p a share I am amazed that more people are not seeing the profit to be had in this company."

The simple answer is that many are far from convinced that the deal will actually complete due to competition rules (make your own mind up on this) ..... in addition, a portion of any deal is share based and there is also the time element, all of which leads to a discount to the offer price.

i originally bought most fortuitously at about 490 (i think) on 4th May, sold at 650 but bought back at 620 which is where i am now ..... so that pretty much tells you my own view

and have banked my second though relatively modest profit ...... still have a very profitable holding in my discretionary portfolio as on balance "we" think the deal will complete.