Member Info for 34adsaddsa

Because it is being bought by Pollen's PE funds, not directly by Pollen.

Your shares will stay where they are, in your ISA. There's no need to worry on that front.

When it's known whether the deal will happen or not.

https://www.***************************/dekel-agri-vision-lincoln-moore-discusses-a-very-positive-start-to-the-year-londkl-video/4121142457

I think it's FCA related contagion fears.

I don't think it's warranted. I think any historical exposure to consumer vehicle finance is extremely low and they've never offered low interest loans.

Hopefully we'll see a comment in a Q4 trading update this month.

It's one of the assets in Pollen's PE funds.

Yes, a minimum annual dividend of 51p which is progressive, paid every 6 months.

WORKERS AT ONE OF THE UK'S MAJOR OIL TERMINALS ARE GOING ON STRIKE

~ one of the largest oil terminals in Europe.

UK'S UNITE UNION:

**MEMBERS WORKING FOR WORLEY SERVICES BASED AT SULLOM VOE OIL TERMINAL IN SHETLAND ISLANDS HAVE UNANIMOUSLY BACKED STRIKE ACTION

**AROUND 40 UNITE MEMBERS UNANIMOUSLY SUPPORTED STRIKE ACTION AND ACTION SHORT OF A STRIKE BY 100 PER CENT ON A 95 PER CENT TURNOUT

If you've been holding since before the merger then I'm sorry for your losses.

Have you just been ignoring the company's statements for the last 18 months?

Could they liquidate their interest rate hedges to raise cash?

Well they got a loan at an interest rate of over 20% (SOFR+15%). Aleph put in the new management. They're running this show.

I've never bought a bond.

Does this mean that if you buy that bond at the end of July, you wouldn't actually get all of the 2.25p interest payment due on the 6th of August? You'd only get one week's worth of interest because almost all the rest of the 6 months was accured to a previous owner?

I don't think there should be any redress due. People are offered an interest rate and they can accept or decline. Unfortunately, that doesn't seem to be the view of the Ombudsman and probably isn't the view of the regulators.

1. Aleph blocked the sale for their own interests. The sale should obviously have been agreed.

2. The business isn't what it was. This business burns money. It's simply worth less than it was.

3. I think the business is currently worth more than 6p, but that won't be the case for long without dramatic changes.

I'm not a shareholder atm, but at this point, I'd consider 6p a good outcome for shareholders. The longer this goes on without the co being sold/wound down or a dramatic new investment program with a clear path to FCF, the more likely it is that things will end really badly.

Egypt seems to be making some progress with the IMF so that's a positive.

"Regulatory initiatives ‐ Vehicle Finance

We note the FCA's recent announcement about discretionary motor finance commissions. We operated some discretionary

commission arrangements until 2017. From 2014 to 2017, a mid‐single digit proportion of our new vehicle finance loans

included such arrangements. The FCA plans to set out its next steps in Q3 2024, when the implications for the industry

should become clearer. We will provide further information to the market on these developments as appropriate.

Separately, during H2 2023 we engaged in formal discussions with the FCA about our collections processes, procedures

and policies in Vehicle Finance. This follows the FCA's review of Borrowers in Financial Difficulty (BiFD) across the

industry. We have engaged external support to assist us with this review and, where necessary, are enhancing our

approach. We currently expect the review to conclude by the end of H1 2024."

UK 30yr yields bottomed on the 27th of December at 4%. Now they're back up to 4.638%. We're pinging around with those.

A casual -20%. How difficult can it be to unpeel some nuts?

Nope. It's not surprising the share price is so weak when the basics like this aren't handled properly.