UK 23:25 Tuesday, 15 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Motor dealer HR Owen (HRO) is an arb trade. On 18th July the company rejected an offer from Berjaya Philippines at 130p a share saying that it was not good enough. It is not. But the bid places HR Owen in play or at the very least will see brokers revalue it or get a higher bid from the same predator or another. Either way all things point north.
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