DIC latest - the largely wild speculation thread

[pezzzer]

For me, that is the main complicating factor. Hicks is trying to prop up his US investments and is scared of the impact a sale of LFC, or going public on the finances in the way Gillett has, will have on that process

its got to be a worry for him hasnt it?

i mean, selling LFC off is going to look like desperation or at least make hicks look like a sinking ship, who's going to buy shares in anything he owns?

keeping it quiet after publicly stating he has no intention of selling us, whilst doing the deal behind closed doors is far more beneficial to hicks.

[Vermilion]

So basically, this is just more speculation, with no acutal new information Guess even the media etc. is getting a bit desperate with posting news on this...

Yep, we all know the state of play in the USA, but still Hicks holds on. Despite us all being told by financial er experts that he will sell, its all just haggling, he MUST sell.

[Darkon]

Yep, but the man asked the question & we felt duty bound to give him an answer.

And I thank you for your answer, even if not what hoped

Was having more a go at the media etc.

[Vermilion]

And I thank you for your answer, even if not what hoped

Was having more a go at the media etc.

to be honest i never realised it was you who asked, thought someone was having a go at me for posting old news,

[pezzzer]

TOTAL MEDIA BLACKOUT

something BIG must be going down. could it be nearly done?

[Darkon]

to be honest i never realised it was you who asked, thought someone was having a go at me for posting old news,

what someone on this board having a go at another Now I have heard it all

[MattB]

Yep, we all know the state of play in the USA, but still Hicks holds on. Despite us all being told by financial er experts that he will sell, its all just haggling, he MUST sell.

It has been widely reported that Hicks is attempting to finalise an off-market placement of shares in his sports portfolio. He will be doing this to dilute his own risk, rather than his shareholding as reported in the media (although this will be the net result). Why, because he needs to 'de-leverage' to an extent - i.e. inject more capital to reduce the burden of debt in line with a dropping asset value.

The fact that he talked about using this to buy LFC seems to me more of a carrot to potential investors in his sports business (and this off market placement) than a desire to fend off DIC (though it does give him another bargaining chip).

it has also been said recenty that DIC were willing to wait for him to get some other business done before buying his LFC stake. To me that all ties in with the stuff above and suggests to me that they are negotiating but will not go public until Hicks has sorted out his own mess (other than LFC I mean)

[Vermilion]

It has been widely reported that Hicks is attempting to finalise an off-market placement of shares in his sports portfolio. He will be doing this to dilute his own risk, rather than his shareholding as reported in the media (although this will be the net result). Why, because he needs to 'de-leverage' to an extent - i.e. inject more capital to reduce the burden of debt in line with a dropping asset value.

The fact that he talked about using this to buy LFC seems to me more of a carrot to potential investors in his sports business (and this off market placement) than a desire to fend off DIC (though it does give him another bargaining chip).

it has also been said recenty that DIC were willing to wait for him to get some other business done before buying his LFC stake. To me that all ties in with the stuff above and suggests to me that they are negotiating but will not go public until Hicks has sorted out his own mess (other than LFC I mean)

Hope that's right, it's a case of just when is the thing, will his mess be sorted out sufficiently for him to deem it ok to sell LFC to DIC, it's anyones guess.

So long as this scenario is the correct one, as i said, it's what the financial people seem to be saying. So lets hope so eh.

[MattB]

[QUOTE=REDrascal;993574]Hope that's right, it's a case of just when/QUOTE]

That's the problem, it could take a long time given the way the markets are going.

Either way, Hicks is most likely ****ed

[Big-Red-Ed]

its got to be a worry for him hasnt it?

i mean, selling LFC off is going to look like desperation or at least make hicks look like a sinking ship, who's going to buy shares in anything he owns?

keeping it quiet after publicly stating he has no intention of selling us, whilst doing the deal behind closed doors is far more beneficial to hicks.

I disagree. Surely investing no personal capital into a venture and selling it on after a year at a possible 50 to 100 million dollar profit makes him look like a genius!

[kalesh]

Could the media blackout be anything to do with a confidentiality agreement during due diligence?

[Imy]

Or could the media blackout mean, nought is happening or likely to happen ie theres no news

[pezzzer]

Or could the media blackout mean, nought is happening or likely to happen ie theres no news

sorry, i dont buy that

all out media war between them last week then this, nothing.

if dic had walked away they would let us know, ansari and family are fans dont forget.

if hicks was still in the driving seat then old big mouth would defo be shouting about it.

this is an agreed silence imo, and what with hick's financing difficulties/dollar crunch etc this suits hicks more than it does DIC.

i'm betting the deal is done.








but i could be wrong

[AFII]

sorry, i dont buy that

all out media war between them last week then this, nothing.

if dic had walked away they would let us know, ansari and family are fans dont forget.

if hicks was still in the driving seat then old big mouth would defo be shouting about it.

this is an agreed silence imo, and what with hick's financing difficulties/dollar crunch etc this suits hicks more than it does DIC.

i'm betting the deal is done.








but i could be wrong

Well, if you are doing DD then you are not allowed to talk about the deal until the DD is done.

DIC are probably doing their DD right now because of the agreed deal with Gillett that Hicks used his veto to turn down. Nothing can really stop them doing DD during the 90 day deadline.

[Darkon]

Well, if you are doing DD then you are not allowed to talk about the deal until the DD is done.

DIC are probably doing their DD right now because of the agreed deal with Gillett that Hicks used his veto to turn down. Nothing can really stop them doing DD during the 90 day deadline.

I think that only holds up if it is a public company, which kop holdings is not. It is a private company owned by Hicks and Gillet, so whether any information is allowed is completely up to them. They would however proberly not be interested in any information given out...

There are big differences in the rules for public and private companies...