Member Info for Alessandro

I was expecting a big drop today.
The positive note is that the divided was preserved.

On the 5th of April (Wednesday)

Easing inflation may help this underdog

What is explaining the massive drop of the past weeks and why some brokers are so bullish on Water Int?

will they pay a special dividend this year?

Botak, why do you have concerns about dilution? Companies are publicly listed to be able to access capital, otherwise, what's the point?
If the bod believes that the £1 dilution will bring >£1 (discounted by the interest rate), so more of it.

Why did the CEO sell such a large holding back in August?

Will a dual listing cause dilution, i.e. the issue of new shares in the US market, or will shares currently in issue be traded on two markets?

QD22 very good question (10 Feb) and I have the answer to that.
The CEO and Founder Mr. A. has secured a 100 millions debt (yes you read well) on the asset of the company to put most of that cash in his pocket.
When you buy the shares you are buying the debt that paid previous shareholder (i.e. Mr. A.) a huge special dividend.
I did a lot of digging, looked on the company website, LinkedIn, even Instagram. wherever I turn I can see something that hints "crooks".
I sold my shares not long back and now I sleep better at night.

How would Assura, or any other property stock for that matter, fare in a residential or commercial property downturn?
Assura has a share of debt secured on its properties. Will they be able to secure good deal in re-financing in such environment? Maturity period of loans is about 7.5 years and currently, interest payment is around 2.5%. Not overly concerned but putting the question out there.

Why the trading update states "PBT declined 3% to $5.5 million (2021: $5.7 million)" whereas last year annual report, Consolidated Statement of Comprehensive Income (page 29 of the document, page 30 of the pdf print out) reports a PBT of 7,556,039?
https://waterintelligence.co.uk/wp-content/uploads/2022/06/WI-2021-FINAL-FOR-PRINTING.pdf

Who can translate this in layman's terms?

"Franchise royalty declined 1% to $6.7 million (2021: $6.8 million) due to the franchise acquisitions in 2021 reducing the pool of franchise royalty for 2022 (without these acquisitions franchise royalty would have grown 8%)"

How a non-cash expense reduce PBT?

"PBT declined 3% to $5.5 million (2021: $5.7 million) (due to non-cash expenses especially related to Salesforce implementation)"

Has the rally run out of steam here?

Where is the money going to come from to cover the cash interest costs of £170 million for the full year 2023?
Total revenue in Q3 was £449 millions, what sort of margins do you need to have just to cover the interest cost?

300 new stores per year over a period of 5 years will triple JD's footprint. that will double the share price over the next 5 years.

what does derivative losses mean?

Peltata this shows how useless broker ratings are

Bryaz, I guess.
if the cash flow can service the debt and give continuation to the trend in dividend payments (going forward from profits, not from more financing) then the debt is the price to pay to access the company profits.

if you consider the company's profits are in the range of 30 mln with a market cap of 250 mln you will see how undervalued this is

In 2021 IBPO took on a loan with the purpose to pay a special dividend. Is there any tax advantage or anything I'm missing to find a logic in this?
More over, would a new investor be happy to buy a share, therefore paying for a share of the debt that was previously used to pay a special dividend?
IBPO seems to have gained a positive momentum and interest payment and loan repayment don't seem to be going to be an issue, but I cannot explain the move, what's the harm of deferring a dividend payment to be paid off the company profits, rather than using profits to repay the above mentioned debt?
I copied an extract from the previous annual report.

The said facility was secured by all the assets of iEnergizer Limited and its subsidiaries Aptara Inc., iEnergizer Holdings Limited and iEnergizer Aptara Limited the loan amount was used to repay its existing term loan in full and the balance amount paid to the shareholders subsequently on 5 February 2021 as a special dividend as per the purpose of the loan.