Member Info for aimtitan

Must hav f*** Toff to another board to spread is science

Priced at £500m without lifting an oz from the ground. They are looking for £2.5bn funding.
Pog is producing and has been for years with roughly £600m debt. Market cap should be way above £2-3bn

https://www.google.com/amp/s/www.moneysavingexpert.com/news/2020/03/british-gas-launch-the-cheapest-big-six-deal-since-2016/amp/

And am glad you have IB friends, must be annoying to have a constant reminder of what you can never be.

Once again you clearly have very little understanding of banking. Boiler rooms are a reference to broker, didn't you pick that up for wolf of wall st?

Call me Dr Titan, because if you want qualifications, my PhD means am giving you a golden shower in knowledge.

Let's see if the crap you talk about has some grounding.

Naturally I am invested in this because I am confident that it's undervalued.

All I hate is people who act like chefs when they can only make beans on toast

Mate, I work in an investment bank and have done for 15yrs. Don't explain hedging to me.
Secondly why wouldn't it apply, you hedge for a reasonable point in the future, given futures prices (2-3yrs expiries)for gas implied a lower price, why in the hell would their strategy change. Unless your on the board of directors and you know something we dont

Well said updownflat.
Kenj doesn't understand the AISC accounting standard to do cross market comparison but all to eager to school people

This probably explains the competitive gas prices from uswitch

Centrica is hedged for low gas prices
https://uk.reuters.com/article/uk-centrica-outlook/british-utility-centrica-confirms-full-year-targets-lifts-efficiency-goals-idUKKBN1XV0OR

"$100m", my kids probably can price this stock better.

swear some people try teaching rocket science without even knowing the basics.
https : // www. gold.org/about-gold/gold-supply/responsible-gold/all-in-costs

kenj, perhaps educated yourself on what AISC is. (All in sustaining cost) and how anything above that translates to profit

based on the current price even with an annualised profit of £250m, which is very understated, they can easily pay back the principle on the bonds. "Not enough free cashflow" is a ridiculous statement

I expect another 5% increase on the share price based on his previous post

Rusty length of posts is directly correlated to the share price rise.
He Definately has sold out haha

As below they've said they can contribute with cash.
This by all means does not tell you there cash positions!

Mate if you missed the rise, there's no need to sell your potatoes on this stall, just find something else instead of spreading your fertiliser on this patch

"They havent got the cash, they have already admitted that"
Where exactly have they done that?

Mining companies are often valued based on their cash position, and in an environment like this holding cash instead of debt is beneficial as you don't need to go out to the market.

Let's not make dumb statements, if we knew the accounts then we would be waiting for the q1 reports

Given what's happening in Turkey and Russia.
Will buy back later on when this has dropped further

There are many stocks where the debt exceeds market cap as a result of the recent drop. Are you writing off the majority of the ftse now?

Additionally, cutting dividends alleviate pressure off the balance sheet.

The debt they issued to the market is still rated 'stable'.

Fact is they have a plan, and a £2bn utility company with a brand name like British Gas. Well you would have to be insane to value it as done below