Member Info for AIMing_high

I take your point Mark, but it goes both ways. If you’re bullish then you’re called a trader and slammed by the grumpy “ex holders” / “shareholders” for being in love with PF. This BB isn’t fit for purpose and hasn’t been for a couple of years….I suspect That’s why you haven’t been here much.

I’m just here waiting patiently for things to come good so that I can smugly have a pop at the naysayers and enjoy a few hundred k profit.

Until then I enjoy the show here

Mark: it’s unlike you to get personal. Normally you stick to facts (granted only the negative ones) about the company. Shame.

Congratulations Foxy, good trading.

A compliment on cynicism from such an experienced proponent is much appreciated.

Sorry to hear about the loss on your ISA. I hope you still hold enough to make back some here.

Foxy: my love pixie of delicate deliciousness: ah yes, I’ve just remembered how hung up you get on timings.

Just relax. It will happen when it happens. Covid…Africa…things take time. Your million share ISA is looking better than at any point in the past decade.

I wonder who they’re selling to

All positive, but not sure it will really touch the sides in terms of revenue. I would also wager that going forward double vaccines will often be sufficient (I appreciate that it’s explicitly not enough for this festival)

"Hope it comes good." AH2021 yesterday...clearly that was a lie.

Not sure, I suspect you’ve lost a lot less than I’m underwater here….but it was clearly enough to make you bitter and angry at the company.

You may have only lost a little, and you’ve just massively overreacted. I really don’t know.

You can buy back in where you sold at a huge loss then. Fingers crossed for you.

Can’t blame you Max. My only concern is time. If you can hold for at least 6 months then I really struggle to see how you can lose on this. It’s just impossible to call how long until market catches up though….I fear it may not respond until we actually see the money rolling in from the new contracts. But that’s fine by me, may put off a few traders.
Currently the price simply doesn’t reflect the long term contracts that are now signed.

Foxy: my lovely pixie of deliciousness…you have 1m shared in you ISA…how does that not make you a “bull”??

Yes Bamb, cynicism is a good word. Less accurate than bitter little troll, but nicer I suppose.

H&N: don’t mention 50%…Aiming is already upset enough about his 30% loss, you can’t mention the 50% upside that he’s missed out on since selling.

What about the £234m of the senior secured bond? Those bond holders

The £27m will be paid off before the negotiations have been finalised

So the best approach for the company is to find a way for SoA2 to pass without bond holders….putting equity in for the creditors would be neat, but I can’t see the FCA buying it as it’s way too complicated for the creditors to understand.

Bond holders rarely want to own equity. Many aren’t allowed. Plus, what’s in it for them? Currently they’re looking good to get all their money back in insolvency. So best approach would be to pull the plug and take the cash back.

In the metaphor WSG is not the duck! Really guys this is not that complicated.

Aiming: yes that’s usually how that metaphor works. The ducks line up. You shoot them.

Nearly back at your buy in price. If you hadn’t panicked you could have been out at a profit.

All the best.

3P: you missed a pun opportunity there "Fowl up"....i'm a little disappointed in you

2 things that can be said about WSG...it doesn't leak (insert your own boat joke here) and they do a great job of the on-the-ground work (demonstrated by contract extensions and statements from partners). So once the contracts are won i think the risks are massively reduced.

I still find it astounding that we're sub 6p with the rr contracts we now have. I have total faith that the price will rise (hoping that the ratification will be a catalyst, and maybe starting operations will be another), but i think that it's not going to be overvalued for many years as the market remembers the last 10 years