According to BB's, FTSE 100 - Compass Group, the group which took a tumbling in it's share price from 3.85p, may be the target of a takeover, though I read before sometime ago, this time, the time could be ripe.

Definately worth watching in the short and medium term.

Good Luck to all if it comes true.

Jules99

I`am going to see how this compass pans out 3.00 looks on the cards without doubt,,i see the mtn bid talk is around again,to rich a price for me at the moment 1.50/1.60 i could be tempted.

Come on gerry you know it makes sence 3.00 a share just may take it.

First wave of alerts was good,but the second should be even better,time to get the surfboard out i think.

Good luck to anyone who's still in, I jumped ship this morning but
only to free up cash on a small gain. No news it seems as to why....

Interim divi ex-div date 13-07
can anyone confirm if that's right and when we are due to
actually receive the divi payment?
cheers bun

bun, div payment 15august 3.3p

Thanks insur and Be Lucky!
:>)

Thought it would of been a touch more by close,not to worry,its good for a few more yet.

Big day tomorrow,going well early doors today.

Think Compass has now got rid of all it's negative news.
There has been a steady and progressive move in it's share price, which has been sustained from when the share dropped to around 220p a share.
Does anyone agree we may see a rise to around 320p to 350p a share in the next 3 months.

From the Blue Index Blog

Rip Roaring Compass
May 13th, 2009

Hats off to British catering group Compass (CPG); this morning the group announced their best-ever set of interim figures

Interim profits to March 31st, soared 40% to GBP405m from GBP289m last time, while EBIT, EBIT margins and free cashflow shot up 33% to GBP240m, on sales up 24% to GBP6.93bn. Although group operating profits received a GBP78m boost from the weak pound and acquisitions, CEO Richard Cousins said the first half was nonetheless a positive performance against the backdrop of deteriorating economic conditions. He added the trends in revenue seen in the first half of the year are expected to continue into the second half, and looking forward the acceleration in the rate of cost efficiencies should enable us to deliver further progress in the second half of the year

Full transcript here
http://blog.blueindex.co.uk/2009/05/rip-roaring-compass/

who thinks that the analysts who change the goal posts when they make recommendations on stocks are doing it for their gain ie shorting or longing the stocks?
few weeks ago you had two strong buys on this stock (CPG) now it's sell to neutral?
what has changed in few weeks?
i thinks it's boll@cks!!

Do you really think they are there for OUR benefit?
2517

4 new Broker BUY recos yesterday......

Compass Group PLC

FORECASTS
2010 2011

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

SG Securities
15-12-09 BUY 32.67 15.00 37.55 17.00

Investec Securities
15-12-09 BUY 775.00 29.28 14.00 830.00 31.26 15.10

Exane BNP Paribas
15-12-09 BUY 821.00 31.88 13.99 913.00 35.50 15.39

Oriel Securities
15-12-09 BUY 810.00 31.70 14.00

and trading on a forward P/E of just 12 to 2011........very cheap I reckon.

one yesterday aswell

15-Dec-09 Compass Group CPG Deutsche Buy 467.20p 320.00p 565.00p Upgrade

565p target.

From yesterdays Express......Compass Group headed north 5 1/2p as Deutsche bank turned buyer from its previous hold stance with a 565p target.

Yet more broker backing for compass...

Broker recommendation full details

Date: 15 December, 2009
Broker: Deutsche Bank
Company: Compass Group


Recommendation:
upgrade to Buy from hold - price target 565p from 320

InterMarket Stock's recommendation rating:
Buy

Over all Intermarket Stock rating for
Compass Group
Buy


Historical recommendations for Compass Group


15 December, 2009 upgrade to Buy from hold - target 565p from 320 Buy

15 December, 2009 upgrade to Buy from hold - price target 565p from 320 Buy

2 December, 2009 Raises price target to 585p from 495 Buy

30 November, 2009 Raises price target to 500p from 430 Overweight

26 November, 2009 Raises price target to 475p from 450 Buy

gf
just curious with this question. what do you think comes first? a broker recco or a price fibbo?
regards
jkd

naughty naughty jkd, dont forget these brokers have customers to attract and retain and a reputation to preserve along with there jobs.

Actually worked at one time for local broker Rensburg not on the trading side but accountancy but can say they were highly commited pros who were frightened of hurting the companys good name.

I suppose theres good and bad just like in real life.

gf
im sure you know but for those who may not let me interpret.
recco is short for recommendation and fibbo is short for fibonacci.
some nice posts recently. ta. (thats thanks) ;-) keep em coming.
regards
jkd