Smartgroup (SIQ AU): Indicative Offer From TPG/Potential Capital/Aware Super
Trading at 10.8%/28.4% gross/annualised spread, assuming five months to complete. That appears attractive. A competing bidder cannot be ruled out,...
270 Views
Eclipx (ECX AU): Worth a Punt that McMillan Merger Goes Through
On 29 January 2019, Eclipx (ECX AU) issued an unexpected trading update citing a soft 1H19 performance and that FY19 NPATA will be more second-half...
412 Views
McMillan's Offer For Eclipx Wobbles
Thirty minutes after Eclipx (ECX AU) guided down its FY19 NPATA figure, Mcmillan Shakespeare (MMS AU) announced that the first court meeting to be...
489 Views
Notes from the Silk Road: Smartgroup Corporation Ltd (SIQ.AX)
2018 full results due on the 18th February 2019: Since our initial report on 3rd September 2018, SIQ’s share price has declined some 21% versus...
364 Views
Expect SG Fleet To Revisit Eclipx As Mcmillan Falls
On the 8th November Mcmillan Shakespeare (MMS AU) and Eclipx (ECX AU) agreed to merge pursuant to a Scheme Implementation Agreement, wherein Eclipx...
629 Views