Member Info for aimtitan

That I do agree on. Their chairman actually owns a good 33%+ of shares. Hence why the profit feeds down to investors as it should. Not a bunch of crooks

Kozz did you get into nbrown, up 20% today

Here's the worst part. They have bonds due? They will try to roll over those, imagine the yield they would have to offer to refinance those.

PATTV
Prove me wrong. Look at their annual report, check the remuneration, employees, servicing costs etc. You'll see they are astonishing. Ask yourself this when will you ever see big profits which distressed debt is meant to offer. Just look at the directors incentives, it's sickening

If you feel that way put some big money in. Am just doing what someone did for me, which is warn. I hate white collar thieves, and this board is just that. Just think about it £300m in collections and a £9m profit! These are defaulted loans mate, you invest in distressed debt because you get 200-300% return for the high risk you take.

It was a ftse 250 stock!

Kozz have a look st nbrown. It's fashion aimed at mature people and for plus sizes. A niche the mainstream fashion shops don't always cater for. Doubt 60yr old Maggie is going to buy a boob tube from boohoo.

Pains me to say, worse investment I made. If investment grade debt has been downgraded to junk, what do you call the bottom of the barrel junk rated debt arrow has bought over the years when it's downgraded

If you look at the history of annual reports, you can see the amount of shares awarded to exec board. Your talking millions, yet they hold virtually nothing now, which implies they have sold. Just look at the directors holdings, it's embarrassing. C suite normally buy into the share knowing the business direction. Your think they would be rushing to buy now, but nothing

Majority concentrated in Italy. You can't have picked a worse country to invest in on distressed debt, it would be like trying to bleed a stone.

Take nbrown group. Their chairman owns a huge 34% of the shares. So for me investing a big amount in that comes with comfort knowing when I loose they loose more. Surprisingly he hasn't sold a single share

I agree, I have lost abit on this
I refused to look at the signs. Company brags billions in AUM but generates so little profit. Then you look at the directors remuneration and you think this is daylight robbery. That's just the board, not even accounting for the others executives skimming the pot.

A good share is where founders and management boards own a material portion of the shares. Therefore when we loose they loose more. If the founders selling at 70p whatever the reason, it's troubling

Is selling shares.
This company generates £9m of profit
But
It pays it's executive suite more than £10m in salary benefits!

I see a triple knob forming which will jizz this up sky high

Grim... didn't your first post say you were in cash?
Your bullish but you think it's going to go down?
Are you vegetarian who eats meat?
Do you shoot yourself in the foot before a marathon?
Or
Have you missed out thinking this was going to go down. If you missed the boat just accept and move on

You just have to see their directors shareholding to see even they won't hold this stock. For instance their founder, think his names Zachary Has been dropping shares over the years. The CEO take a £1m salary with a 70% bonus and 175% share scheme yet only owns £300k worth of shares. That's confidence?

Sorry what were you saying about chatting sht?
I know this sector of business way better than most. This is bottom of the barrel of junk debt investment which just became worse than junk

Just announced their results with a 9 fold increase in revenue. Just imagine what pog results are going to be like

Thank you for your email. In light of the impact of COVID-19, the FCA has written to all London listed companies requesting that they observe a moratorium on the publication of financial statements for a period of at least two weeks.

This basically means we will get results 1st week of May. This should include more of the bounce back in sales

Just before the RNS.

The sick stomach feeling You would get for not waiting a little longer