IMO Dixons will put a T/O offer on the table in the next two years. Dixons have done it with many of their other partners. TSM will be embedded in their systems and will have vast amounts of data about their customers. It will be an easy transition and also they pick up all the expertise and TSMs customer data.
Set and forget these ones, I think the top 10 holders own 70% of the Co so many are in for the long haul. People will be paying a lot in the future to get onboard.
On the website is says that they will not be paying a div in 2017, fine with me. That five million pound placement + other cash will give them outstanding cashflow.
TSM Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
