Added to YB: 2026-08-19
Pitch date: 2026-08-14
IR5B.IR [neutral]
Irish Continental Group plc
Author Info
No bio for this author
Company Info
Irish Continental Group plc operates as a maritime transport company in Ireland, the United Kingdom, and Continental Europe.
Market Cap
GBP 1.2B
Pitch Price
N/A
Price Target
N/A
Dividend
2.04%
EV/EBITDA
9.50
P/E
17.50
EV/Sales
2.17
Sector
Marine Transportation
Category
special_situation
Theodosian Capital | Stocks Update 14/8/2026 - IR5B – Seasick shareholders
IR5B.IR (update): €1.2bn MBO at €8/share faces pushback from ~11% holders (Marathon, Janus Henderson, Pageant, Equus, Oxy) citing flattered multiples from Holyhead disruption & fleet capex timing. Author dismisses gripes: fleet (built 1992-2018) needs heavy reinvestment, macro volatile. €8 fair — stock never traded near it pre-bid, now €7.92 (1% below). Backs deal; EGM 28 Aug likely passes.
Read full article (2 min)