Member Info for Andyken

Unfortunately I think you are spot on TF

It looks like 2-3 months for the decision from all that I've read. Whilst this is good news there is still the question as to whether or not they can keep the lights on without a placing until the decision is granted.

Does anyone know the date that the Hillside repayment is due?

2-3 weeks? Unless something is raised by the objectors that challenges the initial ruling I think this will be over in short order

We've had a good run up in very little time, a pullback was inevitable. Patience is required

All go for tomorrow, good luck all

If only you followed your own advice you would be rich and not feel the need to comment on a message board to feel big.

Just tried to add. No volume, everyone must be waiting for the appeal. Down a lot, albeit on a handful of small trades, although I am sure the doomsday mangers would have us think otherwise.

Don't flatter yourself

Guess I was right the gonner, I mean gooner, is back!

I fear the rampers and de rampers may be back sooner than we thought if we hold onto a decent gain today

It was posted on a subscription site (oops), although I would imagine it has been recycled on ************* by now knowing them.

Miles expects both the agricultural produce side and timer to be cash generative and growing within six months. The focus is on growing both but especially timber. 2. Non core businesses such as South African retail are very much non core. 3. The recent senior management hires are working out well. 4. Miles will not issue stock in Obtala PLC at current levels as he regards that as dilutive. But he can sell stakes in SPVs at prices that reflect fair value not just what an AIM market maker things is a correct share price. And he is doing that to grow the forestry side rapidly. There is a real institutional appetite for such high yield asset backed SPVs. 5 Miles would expect to be able to demonstrate to investors a clear visibility of repeat reliable revenues and cashflows within a few months. The modelling of that is well underway. Ends. Our take on this is that group NAV is easily in excess of 20p per share but quite possibly in excess of 30p. And there will be no placings for the PLC coming your way. The historic non delivery of Obtala and the lack of repeatable and visible free cashflows and profits mean that the shares will trade at a big discount but, at 8.75p-9.5p the discount is just far too large. Pelham is a quality act with a proven track record in finance. He will scale up this business. He has a material equity interest – bought with his own cash – and as he delivers on point 5 above this stock will be re-rated big time. We expect a material re-rate before Christmas.

Was that a reference to me? I only think it is fair for everyone to declare their interests and then their comments can be interpreted accordingly. I am a small holder and therefore my comments are more likely to be favourable. Ramping is a different matter all together and not one that I have seen evidenced on here since the brief flurry into double digits following the approval earlier in the year.

So you haven't been invested for years but continue to post about the company, what is your motivation?

I understand what WIP is, I just wasn't clear as to your contribution to it.

What? Speak English man. You must have been in Crete too long that the heat has got the better of you!

I didn't go to the AGM but have met Miles on a couple of occasions and found him to be very impressive.

To be fair I think that could be said for a number of people on this board!

Why are we not naming the 'tea boy' who's error has cost the business. I assume that you are referring to Mr Sweeting?