Market's view on RHI Magnesita
Published on April 2024
- Discussion about the perceived oversold state of the market, specifically regarding RHIM, suggesting a potential day trading opportunity dependent on the performance of US indices.
- Query about the reasons behind a specific stock’s performance hit, noting it is not due to ex-dividend factors.
- Positive outlook on the chart of a particular stock, suggesting more upside potential if market conditions remain bullish.
- A stock watcher shared their experience with tendered shares, expressing satisfaction with their decision as it resulted in profit.
- Complaints about Ignite delaying payments for tendered shares to potentially earn more interest, noting the significant price difference between tender and market prices at the time of the offer.
- Positive sentiment regarding a stock’s turnaround and future potential, even in a bearish market.
- Stock watchers commented on the improved chart appearance after a significant drop, suggesting further potential in the stock.
- Ignite’s announcement of receiving all regulatory approvals for a tender offer, with an expected payout by a specified date, alongside expectations of delayed payment.
- Discussion about an ongoing downtrend in a stock’s chart and speculation about whether holders sold at higher prices months earlier.
- Information shared about a tender offer from Ignite Luxembourg Holdings to buy a significant stake in RHI Magnesita at a notable premium, reflecting on the opportunistic nature of the offer and its impact on share value and liquidity.
- General observations about the trading advantages of stocks with no stamp duty, and queries about the reasons behind offering prices well above market rate.