£100 mil of debt last years figures up from £33 mil debt the year before.
Figures for year ending 31 March 2011 due in 5 or 6 weeks
Probably lease most equipment, and when things are not good you can't sell it but have to carry on paying for it.
I had a dabble when they were 160p but got out at 140p at the end of Feb.
Am watching with interest as a wild card
Also final divi pays out in early July, may be worth a punt over the period.
Marc Bolland will have laid out a few more ideas by then too, I imagine.
ps well done on the ITV call early on as well, hope you had an earner
Could be a bit further to drop yet, as they were lower than this in Nov.
But do fancy them to do well over the next 12 months as the top chaps are so dependent on the sp going up to achieve their bonuses.
What a leap, but as you say what a set of results.
I use them a lot and the service is fantastic. Look how the sp has gone since the float.
Could eventually be a takeover target!!
But I will continue to hold
Lets hope its on the move again. if they can sort the transport side out it will be a lot better. Wouldn't expect they would have to pay too much for assets of Conaught.
Used to play for one of the Bristol teams. Saturday was big because Olly and Moyes (Everton) used to play against each other in the Bristol derbies. But we thrashed 'em 2-2. { :<{))