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Who's horse is that ?
Going into admin voluntarily gets the creditors off the backs of the company....negotiations can continue and a company can come out of admin...happy to be corrected if wrong?
Sain...Your "TOLD YOU SO" message has been heard loud and clear, now Fcck off and let the shareholders with losses taken this in without you comments.
Unfortunately Sattara, it's gg to be over for you in less than 24 hours. you have exactly 8.5 hours to sell off and get back something. even if this company is liquidated, they are in too much debt for equity holders to get anything back. GLA.
Remember you were warned by me recently
Maybe all those who have invested here should have paid heed to Gewillia a time served professional valuer who set out factually from The Company reports and methodically for sometime the death by a thousand cuts
https://www.lse.co.uk/profiles/gewillia/
Correct every singles step of the way yet still some happy to remain invested Suggest they read his posts again
The Mounties ain't for turning and if they do it will be like whack a mole
Words 'likely' and 'considering' being used. Seen this before in RNS'S and companies. Drop the share price, get the lads in then announce deal done later in the day. They still have till midnight to pull something off. No doubt the government will be involved at some point today to eliminate the risk of several thousand jobs going down. A loan standstill is a very sensible and cheap option available to protect jobs and market recovery at a time where the government is trying to encourage spending to get the economy back up and running. Intu can then focus to realign its balance sheet and sell some assets over the next year. Not over yet...
If it isn't suspended at 8 o clock then it is a chance for some to get some money out at least that is something.
Strange no announcement of suspension yet!
There must be a tiny hope out there to let the share trading continued!
the board have until 11:59pm to keep trying... who knows who may pop out of the woodwork today....
Sorry it hasn't worked out guys, hope you re-coup loses quickly elsewhere.
who kmows whos gonna come out of the wood work today...
It was a gamble that didn't pay off this time.
To me it sounds someone’s hideous aim to rattle the retail market in uk...
1p today
How can that be possible as Intu own most of those buildings ? they could turn them into apartments if they wanted.
Is not quite over yet!
I think they are going to the big Daddy “Government “ to have another chance!
Hasiba
None of these centres will close .Many of the management staff jobs will be retained They have been doing a great job All centres will find new homes with fresh investors ready willing and able to do what is necessary
Sorry for the job losses at INTU The real losers are private investors and pensioners Some of which would have seen INTU as safe haven money
Glossy annual reports spelling out how safe their money was with little risk of LTVs being breached Don't blame COVID that only hastened the demise
The BODS asleep at the wheel
It’s certainly going to cause some waves through the commercial property market. Pity they couldn’t find a way through, but this model is sick right now, the internet had already put it on the ropes and Covid has just landed the final blow. I wonder what the future will hold for all this space.
1p I do hope not, was hoping for a blue day here! 5p
They have just edited the article in the last few minutes. They first reported it as 'HAS' fallen into administration and did not use the word 'likley'.
People seriously must be deluded if they think this will rise - get out this morning at the best you can this is gonna collapse
If they have until midnight surely Government might step in, this might cause ripples.
1p opening
Guess at opening price anyone?
We are 3.91 now...1.80? my guess.