scotinvestor
- 09 Mar 2004 13:39
There has been rumours of takeover of BG by Total. Does anyone have any ideas of realistic share price if this were to happen.
In any event, they r expanding in other places and had great results
Thanks
Scot
dreamcatcher
- 23 Nov 2012 15:38
- 9 of 9
BG Group fell off a cliff of its own making last month, after warning investors they shouldn't expect any growth next year. For anybody who likes buying good shares on bad news, it looked like the perfect time to pose the question: should I buy BG Group? After dropping 25% to £10, the stock has recovered around 7% to £10.70 at time of writing, so maybe we have already missed the moment. Yet this rebound was largely due to takeover rumours, rather than any fundamental change in the company's fortunes. BG Group is tidying up its balance sheet, completing the sale of its 60% holding in Comgas for around £1 billion, and paying down £600,000 worth of debt. But if you plan to hold for at least five years, it remains a tempting buy