Good morning, it’s Paul here, I’m on duty this week.
Estimated completion time today is 4pm. So please check back later for the completed report. Update at 16:40 – today’s report is now finished.
I see there is another takeover bid of a UK-listed mid-cap, Sophos (LON:SOPH) – a cybersecurity group. It’s being bought (for cash, in a recommended [by its Directors] deal) at a 37% premium, for about £2.84bn. It seems as if mid-caps is the most interesting area for takeover bids. Although Sophos looks very expensive, so the bidder must have been attracted by something that’s not obvious from the figures.
Cake Box Holdings (LON:CBOX)
Share price: 165p (down 3% today, at 11:43)No. shares: 40.0mMarket cap: £66.0m
Half-year trading update
Cake Box Holdings plc, the specialist retailer of fresh cream cakes, today announces its half year trading update for the six months ended 30 September 2019.
These cakes are suitable for vegetarians, but not vegans, because they use cream as a topping. I believe the egg-free cakes are suitable for Sikhs amp; Muslims, some of whom apparently don’t eat eggs. All in all, I’m…
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