London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Surfit, I like you style!! Will be interesting to see what, if anything, they say. Personally, I'd like to see recent transactions of the journalist's bank account ...now wouldn't that be amusing?!! :-) :-)
Perhaps a proper headline with an unbiased approach should have been "Successful UK company under attack from foreign entity. Your Country needs you!!"
The only way to cut through this is to get the financial press to investigate fully.
ARCMHunter, I sent an email to the Telegraphs investigations team: firstname.lastname@example.org
Asking that they should look at where the artical information originated from, what was the Journo's reason for...did /do they know and understand the motivation behind it.
Bigger story is potentially an asian company trying to undermine a UK company, shorting and loans relationships
On a seperate note: Is HK is a better location to launch an attack rather than Bejing? Paranoia or close too obvious?
ARC, my comment wasn’t aimed at you just an observation about some other posters across all boards.
Antigua, not a multiple personality as you put it. Was here under one name for a long time, left for almost as long and just come back. No mistrust, just wasn't about to attract a couple of muppets as before. If I do, I'll be gone again just as fast, but the Board does seem quieter and better these days.
BTW, before anyone starts to say that I am (maybe) a ramper or deramper, the data that I put up earlier was just that, data. It took a blinking long time getting all the prices and was done, initially, for my own benefit. It was only once I pulled it all together and could see the shifts in SP in direct correlation that I thought it was more than a worthwhile exercise. Then I decided to share.
Hopefully the SP will get it's true value soon enough and I don't attract undue attention and can remain under this moniker this time lol.
Night all. R.
Oiluser, I know what you mean.
It’s difficult to keep up with all the multiple personalities that populate these boards.
Neither, albeit I remember the rabbit well !! I eventually left the Board as I managed to get the attention of a couple of Outs cronies who were more than tedious. They never posted often, but were more than annoying. The Board went down for a long time. I have kept reading and the Board has quietened a lot of late, so thought I'd poke may head above as it were.
I enjoy genuine discussion (banter too), but don't tolerate idiots.
The reason that I liked (umm, perhaps not quite the right word) Andy was that he did know stuff that others didn't. He was a "builder", the part that he omitted was what type of builder! Once I sussed that, I used his information to my advantage.
If I am right, it won't be long for Andy to reappear on here either ... just trying to temp him in. ARCM are not comfortable at present in my view; time will out all !!
Arcm. Giz a clue. Are u basil or rabbit
Agree, most are fickle ...generally the day traders lol. As you appreciate, he is there for the Company success. He's not perfect I guess, but can't criticise the more general recovery. Ok, the SP is dire to where it should be (IMHO) but that is the next (this?!!) stage I believe.
I am a long(er) term person ... I have made money and 'lost' with PMO, but this to me is not as scary as before. I may be wrong, so never take my 'advice' as I trust you won't. On the other hand, if I am at all near correct in my musings, happy days well and truly!! :-)
For the record, I have no complaint with how he is running the company other than the lack of communication at times like this.
Look at the last time a cash call rumour came out, it took days for them to issue a statement. By which time the damage was done.
Pi’s are a fickle bunch and need some reassurance now and again otherwise it’s a shorters dream.
Not true (although I understand why you may believe that). If you are able, put my data in to a spreadsheet and produce a graph or two. ARCM have very successfully influenced and, perhaps in the same manner, others before. It is clear now that short data is meaningless to look at. We all love to blame someone yet may miss the facts as they can, clearly, be hidden!!
Antigua, I don't think he knew per se, but he knew perhaps there was a risk. He's an accountant and he'd be more than aware that the debt had to come down fast. If Zama nets 300m, coupled with top end this year and repeats then this could be be a blinking fantastic company. This, in my opinion, is why ARCM are circling so hard and fast now ... exit polls anyone lol?!!
Silence from Td only serves to undermine our share price as has happened before and we are always the last to know.
Not sure I agree with that. It surprised most on here when he said Zama would go towards debt.
This meant he new a while ago about this situation.
That said I hope he has used that time to come up with a plan to resolve this situation in our favour.
They can and may well do, but some futile. Address the situation and shaft them that way.
there is a misconception that shorters always win - they don't and, just sometimes, they get more than badly burnt. They take a gamble as we all do. I feel panic on their part ... doesn't mean that they'll lose of course, but means that we are more than in with the knockout punch!!
Hey. Andy ...please come back as I really enjoy the 'bloody good arguments'. Worked out who I am yet, as I know that you'll still be reading this board! :-)
5% is more than decent (clearly, business rates aren't the same as ones mortgage - unfortunately!!). However, the main principle applies - you swap lender, lender A is now paid off by lender B. What ARCM and others are now trying to do is force the situation to block so that PMO are unable to do this.
TD needs to do nothing RNS wise at the present, just to ensure that he is working at max to get the other lender(s) to agree and 'move' the debt before these beggars can force his hand too much. People have criticised him before for lack of communication, yet he has done very well pulling this ship along on previous times. It may not suit the day traders, but that is not my issue - or his!!
Sadly enough pmo got themselves in this pickle and we all know if you want something printed you can pay for it. Thats why the MSM is no better than tabloids now. Question is if PI,s are wise to it and if trump and johnston have done nothing else they both call the MSM fake news when it suits them.
Sorry for the typos, must read back before pressing button. Lol
Pmo should refer them FCA for trying to influence the share price for their own gains.
It all ties in with them not declining position.
What more proof do they need.
They didnt last time round but if there is enough clamour he will.
I expect pmo are looking at other lenders entirely and debt will be restarted in 2021 but who knows if banks are lending, although i would have thought 5% quite attractive considering what interest they are paying out.
As far as I am aware ARCM now use a 5 year model on their 'investments'. They have been caught short (pun absolutely intended) by PMOs resilience, successes and now the sale of Zama. This coupled with them planning the refinancing over a year earlier has left ARCM not without money but, most definitely, an unwillingness to throw more in to their short position (possibly even a lack of short openings for them as GS and others are likely to want to limit themselves too. Fundamentally, GS has to balance too otherwise an 'ultimate short' means that them owning the physical side will lose money even after being paid for the short hold).
The only problem would be if Pmo were unable to pay its debt. Given we are paying debt down well and have said Zama sale will go to debt reduction surely this article is miss information especially as the one with the big short are behind it.
Td has to now come forward with a strong statement and go on the attack
Hes on advfn, andypop. He cost a lot of people money last year.
Decom is abandonment. We paid 80million last year and 80 this year and not expected to change much over next several years according to presentations. This figure is included to the capex figure quoted for each year. Its almost funny watching this rinse repeat from previous times shorters were getting shafted. My guess is they fully expected weak oil prices by now with trumpy tweets (i guess he is otherwise busy) and tradewar and low seasonal demand etcetc. But its staying above 60 and that wasnt anticipated. Bloody great if oil stays where it is or climbs toward 70.
Exactly Oiluser .. potentially a lot more and Andy will be back properly too. I did battle with him prior, and even admired some parts, but I sussed when to listen and when to ignore eventually. My view is that this may well be one of those ignore situations. Who knows?!!