Jump to content


Photo
- - - - -

Aveng (AEG)...free lunch?!

Aveng AEG small cap construction

  • Please log in to reply
313 replies to this topic

#281 neptunenine

neptunenine

    Newbie

  • Members
  • Pip
  • 7 posts

Posted 24 July 2018 - 01:40 PM

Would M&R not making a bid for Aveng, cause Aveng shares to drop significantly? It appears that even if they do make an offer, Aton can block the deal with it's 25%+ vote? I was looking to add more shares at 9c, but it is a complete gamble at this stage. Any thoughts ?


  • 0

#282 Blackobar

Blackobar

    Member

  • Members
  • PipPip
  • 58 posts

Posted 06 July 2018 - 11:45 PM

Could this be a very expensive (but cheeky) way that ATON prevents the merger between MUR and AEG? With 25% of the shares, can they not block any takeover offer? Also, their R17 offer is not unconditional yet. Maybe, just maybe … :huh:


ATON is playing chess here, they want to block MUR from acquiring AEG. We'll see how this plays out.
  • 0

#283 Shi

Shi

    Little Master

  • Senior Member
  • PipPipPipPip
  • 683 posts
  • LocationCape Town

Posted 06 July 2018 - 11:37 PM

very very interesting.....no response from market yet! So first they taking over MUR...now Aeg??

 
Bloody surprised because they didn't want MUR to buy AEg.

 

 

Could this be a very expensive (but cheeky) way that ATON prevents the merger between MUR and AEG? With 25% of the shares, can they not block any takeover offer? Also, their R17 offer is not unconditional yet. Maybe, just maybe … :huh:  


  • 0
“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#284 Queen B

Queen B

    Little Master

  • Members
  • PipPipPipPip
  • 534 posts
  • LocationDurban

Posted 06 July 2018 - 03:50 PM

Yip, 31mil shares traded today. Market like it


  • 0

#285 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 06 July 2018 - 03:09 PM

moving up again....2c since news....excellent news


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#286 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 06 July 2018 - 01:40 PM

In accordance with Section 122 (3) (B) of the Companies Act 71 of 2008 (“the Act”) and Para 3.83 (B) of
the JSE Limited Listings Requirements, shareholders are hereby advised that Aveng has received formal
notification on 5 July 2018, that Aton GmbH and its wholly owned subsidiary Aton Austria Holdings
GmbH, have in aggregate, acquired an interest in the ordinary shares of Aveng, such that the total
interest in the ordinary shares of Aveng now amounts to 25.42% of the total issued ordinary shares of
Aveng.

 
 
 
very very interesting.....no response from market yet! So first they taking over MUR...now Aeg??
 
Bloody surprised because they didn't want MUR to buy AEg.

  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#287 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 21 June 2018 - 01:32 PM

What options do AEG have if MUR doesn't table an offer? MUR's SENS earlier stated that due diligence still needs to be done. This also means an offer is at least a few weeks away.

business as usual with better liquidity to do business with long term bond paid off. Think that MUR offer will be a bonus . Still lots of value here


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#288 Shi

Shi

    Little Master

  • Senior Member
  • PipPipPipPip
  • 683 posts
  • LocationCape Town

Posted 21 June 2018 - 10:44 AM

What options do AEG have if MUR doesn't table an offer? MUR's SENS earlier stated that due diligence still needs to be done. This also means an offer is at least a few weeks away.


  • 0
“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#289 Queen B

Queen B

    Little Master

  • Members
  • PipPipPipPip
  • 534 posts
  • LocationDurban

Posted 21 June 2018 - 10:32 AM

Nicely done Polly!


  • 0

#290 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 21 June 2018 - 09:45 AM

sold 50% of npl for 9c....other 50% will be free trade with option to take up shares up @10c....which i wll do  ie convert at 10c to aeg shares

 

So getting free aeg shares   :)


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#291 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 19 June 2018 - 06:13 PM

9 cents now!

Over 280 million NPL's traded today

I should have been more patient :D

:)  :)  :)


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#292 Queen B

Queen B

    Little Master

  • Members
  • PipPipPipPip
  • 534 posts
  • LocationDurban

Posted 19 June 2018 - 05:19 PM

9 cents now!

Over 280 million NPL's traded today

I should have been more patient :D


  • 0

#293 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 19 June 2018 - 02:48 PM

South Africa�s Aveng shares leap as M&R moves closer to tie-up
JOHANNESBURG, June 19 (Reuters) - Shareholders in South Africa�s Murray & Roberts voted on Tuesday for the company to look into a potential tie up with construction rival Aveng, sending Aveng's shares around 25 percent higher.
The resolution got the backing of 52.06 percent of votes at the Murray & Roberts' (M&R) annual shareholder meeting.
M&R and Aveng announced the potential merger in May, saying it would create scale in M&R�s key markets such as Australasia and Africa, while shoring up liquidity in loss-making Aveng in the near term.
"We are obviously very pleased with the way the voting went this morning. It is a demonstration of shareholder democracy," M&R Chief Executive Henry Laas told the media after the meeting.
The board of M&R will now move to finalise the terms of the proposed offer with the board of Aveng and then present a formal offer.

nice , very nice....+ 50c now new prediction


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#294 Queen B

Queen B

    Little Master

  • Members
  • PipPipPipPip
  • 534 posts
  • LocationDurban

Posted 19 June 2018 - 02:24 PM

South Africa�s Aveng shares leap as M&R moves closer to tie-up
JOHANNESBURG, June 19 (Reuters) - Shareholders in South Africa�s Murray & Roberts voted on Tuesday for the company to look into a potential tie up with construction rival Aveng, sending Aveng's shares around 25 percent higher.
The resolution got the backing of 52.06 percent of votes at the Murray & Roberts' (M&R) annual shareholder meeting.
M&R and Aveng announced the potential merger in May, saying it would create scale in M&R�s key markets such as Australasia and Africa, while shoring up liquidity in loss-making Aveng in the near term.
"We are obviously very pleased with the way the voting went this morning. It is a demonstration of shareholder democracy," M&R Chief Executive Henry Laas told the media after the meeting.
The board of M&R will now move to finalise the terms of the proposed offer with the board of Aveng and then present a formal offer.


  • 0

#295 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 18 June 2018 - 03:54 PM

and we have 6c on the board


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#296 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 18 June 2018 - 03:22 PM

and 10m npl at 4c eaten...now at 5c


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#297 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 18 June 2018 - 03:01 PM

How do you get 40c I wonder

 

this ones valued much more than this....pity they went all or nothing on rights issue at 10c....free lunch confirmed in my opinion


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#298 Shi

Shi

    Little Master

  • Senior Member
  • PipPipPipPip
  • 683 posts
  • LocationCape Town

Posted 18 June 2018 - 01:58 PM

with AEG trading at 17c, npl worth  at least 7c now!! easy money here. Need to be patient! I say aeg will trade around  40c after npls close!

 

How do you get 40c I wonder


  • 0
“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#299 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 18 June 2018 - 12:00 PM

and that will take  npls around 30c...Lots of patience required!


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#300 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 18 June 2018 - 11:59 AM

with AEG trading at 17c, npl worth  at least 7c now!! easy money here. Need to be patient! I say aeg will trade around  40c after npls close!


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”






Sponsored by Sharenet and VPSNine Linux VPS Hosting