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Moni - all i do is reply to your posts. mainly when you appear mis - guided on stuff like cash burn / RCF availability.
As i said earlier - let's come back to such topics in the late Spring / early Summer, depending on how things pan out.
BTW - keep up the good work firing back at those with a "glass half full" view over on AVCT, appreciate that mate, why shouldn't Alastair upgrade his house on the back of the SP growth, after all it's a share that has been extremely kind to many of us during 2020.
I see over on ORPH that " BlahBlahDoh" can't spell your name right - it's Moni not Moany lol.
Got to admit I've very much cut back posting on bb's where I'm invested, it's all too often the case that someone will pop up with an agenda based "Doom and Gloom" view.
Seems you've had to deal with quite a lot of that on both the AVCT & ORPH bb's. I'm still holding some "Golden Tickets" on one - not on the other though.
Currently I'm holding just north of 20 long term positions, and a further 5 short term trades, to me - little said on these bb's has any material effect on the Co. concerned, they are just a platform for debate.
That said - there are a number of posters I respect where they have previously demonstrated to me that they research well and know their stuff. I do tend to follow them, it makes sense to me.
G
Gerry your last post has convinced me this is a sure fire bet with amazing prospects and tons of cash in the bank. I will definitely be buying now at sub 10p after such am amazing prospectus by you...have you considered running for the next IMF presidency?
Moni - Feel free to name one member of any "fan club" please - pretty please my friend, I'm feeling you are living in some sort of "twilight zone".
It's all in your mind lol.
Don't worry - I'm totally confident you'll never fall into any spell here "real or in your imagination".
We both know - you'll never buy here, it would stick in your throat.
Your "personal view" on cashburn / financial pressures / cash reserves, which we have debated in previous discussions over the last couple months have been proven to be - lets be kind to you "misguided" by the recent trading update RNS and the Investor Presentation.
So what do you do - you wait a couple of weeks and churn it out again lol, emmm ! ( Groundhog Day )
You can't change the facts STOB got its funding in place, it has provided cash projections, for the coming months.
Where the sp sits is one thing, to some it may look like a value trap to others an opportunity, that's down to each individual.
I suspect we will be shooting the breeze here for months and years to come.
Things up for future debate:
- the interims out next ( won't read well )
- the sale of Stobart Air ( if it comes to pass )
- Updates on the recovery of the Energy Division
- The new name for the Co.
- Any positive vaccine or testing news
- Ongoing Tier 2 Govt support if Southend moves into that category, in the coming weeks
Maybe come back and visit cashflow projections / cash burn sometime next spring or summer. But not now when STOB have pretty much all of their two RCF's totaling £120M available.
Have a great evening
G
Gerry, I'm getting concerned that your eternal optimism is luring me into buying Stob at sub 10p...I must be falling under your Stob fan club spell...
Moni - it is what it is - as with many businesses atm.
I've no real skin in the game here all my shares have come from top sliced profits on many trades as you know.
I dont place any value on my STOB shares they cost me nothing I've merely collected them through trading.
I've no agenda and generally only post in response to you TF and a couple of others.
Again it strikes me that you actually have some strange belief that our debates on here have any influence on one the sp and secondly the decisions of others.
Surely nobody would buy or sell on the views of any posts on a bb especially where there is an agenda in play.
All views are welcomed, on which debates can be held
This bb is a bit of fun, there are probably less than 20 people who have posted here in the last few months.
I think I said this morning I agreed with nige that it would be a punt. I also said it's a recovery play. Much as depends on virus solutions for the aviation sector I don't believe anyone could see it differently.
These are all areas I have covered with you before on many occasions and I suspect I'll do so again and again in reply to anticipated future posts from you my good friend.
I hold I belief that in the next 2 / 3 / 4 years planes will be flying again and that it won't be beyond the wit of man to resolve the issues caused by this current virus. In the meantime STOB continues to follow through on its corporate plans. The funding is in place. The Energy Division is moving forward again.
I have no knowledge of how many carriers may fail if the situation is prolonged. But the planes don't disapear. They will he picked up by other carriers probably on the cheap or in the case of Flybe ways will be found to restructure businesses.
I fear that week on week month on month, I'll be responding to your gleeful posts, no sure how our little chats on here will ever help you deal with your FLYB investment that is truly down to you to deal with in whatever way works for you. I genuinely hope you can find some closure though.
May all your future investment decisions work out well for you my friend.
G
Gerry...I'm not sure who you are trying to convince that this is a good investment but you sure are working at it! How many have you dragged into this car crash? If you keep peddling your optimism then I suppose you and others will actually start believing it..
Moni - we've done the fan club thing, there were no takers, remember, no I guess not.
This bb has a few investors that post info and news on STOB. That's generally how it works. In addition there are a few non invested glass half empty posts, which are useful for balance.
Again as is your want, why not roll out one of your strange theories lol. If it helps you then no prob.
There have been legacy issues here most created by your "friend" and "fellow investor" in FLYB none other than the cabinet maker Tinkler. The present BOD have gradually worked through these issues, he was kicked out lost his court case cause major disruption. Then joined you in piling stacks of cash into FLYB, you both lost big time.
Perhaps if you'd read the RNS over there you wouldn't have lost your shirt ! I'm guessing he's sucked it up and moved on. Not sure you will ever find a way through to some level of acceptance - it's coming up to two years since your huge "punt" on FLYB. I know you struggle to accept your error in judgement over there and need to aportion blame. But surely two years on its time for you to let go my friend.
Both Branson and Cyrus, are beyond your reach, so you focus your attention on STOB You seem to revel in the challenges that STOB is steadfastly working it way through at present. I've never understood how this helps you. Whatever the future ho!ds for STOB, nothing that happens here will recover the money you lost. Don't get me wrong I do sympathise it was quite a considerable loss you incurred. My worry is that week after week probably for year after year, I'll look in here and one of your posts will pop up. May I ask Moni, if STOB didn't recover, and this bb wasn't available to you any more, how would it actually help you ? Truly my friend your road to some form of closure from your FLYB loss has to come from within. I genuinely hope you manage to find a way to some level of inner peace.
Nige posted yesterday that he felt STOB is a punt which may well be a fair assessment. The positives here are the amount of cash the present BOD raised, and the structured plan introduced for the next 18 - 24 months.
G
Gerry- I'm not guided by RNSs or management updates when it comes to tracking the demise of Stob..I'm guided by the market's opinion that is reflected in the current SP. Unfortunately you and many of your adoring fan club, that listened to the BOD's (more than one) have all been financially shafted. Obviously Covid 19 was unforeseen, but the car crash was already in motion long before our Chinese friends decided to share their new virus with us all...(What are friends for I ask). Good luck anyway and we'll catch up again soon...10p.? Aimho Adyor!
Moni - we agree on Pharma stocks, though when things kicked off earlier in the year you seemed to be a little wedded to ORPH.
Pretty sure you got into a bit of a debate with NCYT holders, early doors, seem to remember you stated NCYT was a "one trick pony" and that ORPH was "your play" Didn't you throw out one of your predictions for ORPH - £2 wasn't it ?
I have to say I spread my bets with AVCT / NCYT early doors, though I traded them both several times pocketing profits, I also dabbled with SNG / BVC / SAR, ( thx to Volcano for the BVC entry, as it wasn't on my radar at the time ).
I've still got my top slice chunk in BVC, and some still in AVCT and NCYT, though I ploughed quite a bit of my Pharma profits into cheap FTSE 100 opportunities at the time.
Think I've seen you posting on other pharma bb's, more recently, so I'm hoping you didn't get side tracked into a pure ORPH play, though its done ok. Hope you didn't miss out on some of the others - sure you didn't my good friend.
Again I'm sure you picked up on the early doors opportunities in Goldie's - mine were TSG / AAZ / HGM - though I got out of AAZ ( not at the top of the rise in Aug ).
There were great some tech plays, again my thx to Volcano for highlighting SPT . TF very much likes SCE, which has done very well for him and other investors. It's all good is it not.
G
Hi Moni - good to hear from you again. ( more thoughts form you on STOB's cash reserves - I see )
We chatted a little while back and I asked you to predict the cash and RCF available to STOB at the half year end ( 31st Aug ).
Regrettably you wouldn't play lol - So as you'll know I predicted £121 M ( £1m cash and the two RCF's totalling £120M ).
Guess what I was out by £2M !!- as confirmed by the 1/10/20 trading update - £119M.
How did i get so close, you must wonder, despite your previous worries re cash burn , which I dealt with as and when you threw them into the ring with "regular gay abandon", as is your want.
Let me remind you - I read the 4th June RNS, which I highlighted to you several times.
So considering you don't read or won't accept RNS's from STOB - I doubt you'll have read the 1/10 20 trading update, nor I'll assume did you sign on to listen in to the "Investor Presentation" on the 2nd Oct.
Much better for your strategy, here, my good friend is to let things lie for a couple of weeks then and roll out your "cash reserve" concerns once again - emmmm !
Perhaps if there are no solutions to Aviation, at all in 2021 or 2022, it might be that STOB would need to use some of the expected cash from the proposed sale of the Energy Division, to tie it over into 2023, buy we'll have to see.
gla
G
You really are modesty personified
Well just thought I'd look in my favorite disaster movie....looks to be heading further South towards 10p as I said back in July when this was trading near 30p...unfortunately I'm not sure the cash reserves will last long enough for any airline related recovery?...glad I jumped into Pharma stocks when Covid struck...many multiples made whilst Stob went into the buffers...just how low will this go Gerry?
Well 10p getting closer
whoops - 2 gla's - computer glitch lol.
G
Bit of a red day out there Moni. lets hope for a blue day next week, 1.4p = 5% .
How many trades have you done since the cash raise ?
I've got three off. Looks like another opportunity coming up soon, lol.
Remember we need red then blue then red then blue days to trade.
Petty convinced there will be many more chances to pick up more profits, over the coming weeks and months.
gla
G
gla
G
Now don't say I haven't warned you guys on several occasions that this was heading to new lows...keep on with the optimism (Gerry and the Stob fan club...lol)...I might join the party at sub 10p...