I was actually speaking to one of their sales rep yesterday & had indicated that the financial results were completed... She did indicate that its business as usual & no take-over happening, however they are still looking at offloading iBurst (or is it Unwired, anyway mix the two up) as it has...
I wouldn't be at all surprised if a take-over announcement is made, as I cannot see them taking this long to produce full financial year reports... Hopefully that is the reason for the delay in getting out of the trading halt...
I was talking to one of the Commander Technicians yesterday, as we deal with them on a regular basis & said he has been speaking to his management & sais that they are doing very well (in the business) & even he said that he has been buying up as many shares as he can afford (which is in line...
Re: RHG - Rams Home Loans
Don't forget its still not a done deal, shareholders need to vote for the Westpac sale to proceed & also, the ASX announcement does stated that the board recommend the sale "subject to a better offer", so hopefully for us that hold RHG shares, other offers do come on...
I bought some more at .515, so good to see them moving (make up some of the losses made on CDR from the first lot purchased at over $1.00 each)... Glad I did (missed the bottom of .44, but still happy)
Cheers,
Manny.
Well its hit 60cents today... We may hopefully see an improvement there... Looks however like someone is buying up big during this weakness... Wouldn't be surprised if we see a take-over bid coming...
Hi ROE,
In terms of RAMS, I suspect with the share price weakness, I wouldn't be surprised if one of the BIG4 banks is slowly accumulating shares, as one of the ladies I know that owns a Rams Franchise outlet, she had indicated that NAB had offered around $750 for RAMS before it floated...
Well in the voice front (Voice Over IP - VoIP), they do have some competitors in the integration front (from companies such as Dimension Data, Netstar, etc.), but due to their high level of expertise there along with PABX experience, they can hold their own in this area... In the PC & other...
Hi ROE,
Looks like we think alike ;) I snatched up some RHG when they did drop as well... I personally think they will do well as a longer term hold (which is how I invest, as I'm not a trader)...
Note: it doesn't hurt to go against the tide from time to time...
Cheers,
MannyB.
Hi BrilliantMichael,
we don't use them for telecomm services (as we use Optus to trunk calls & mobiles), however use them for hardware purchases (Ipex PCs, HP Printers, Hitachi SANs, Cisco gear), software purchases (Microsoft Agreements, Macromedia & Adobe) & various services (some...
Hi Adamwu,
I suspect the number of shares issued has increased substantially due to the Volante takeover (allocating shares to the Volante share-holders, which did include the ex-Ipex share holders that were bought out by Volante a year or so earlier)... I can't recall how the shares were...
I must say we use CDR for our purchases here at work (we spend a few $mil on Microsoft licences, PC hardware, CISCO gear, etc.) & have always been professional & do offer similar services to many colleagues of mine in the same industry... Speaking to some of the sales staff they feel the...
May have something to do with CDR no longer being in the S&P 200? (which could be part of the criteria of a particular fund that may have held CDR?)
I'm tempted to buy some at this low price though, the company can't be doing so badly (they do have many large gov't contracts & the price drop...
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