Member Info for Bananafishbones

Does this mean no placing? Or could the government have said yes to the corporate financing arrangement in conjunction with a placing - is this going to be a second announcement?

Agreed they will have to raise money from shareholders this is a risky buy and a possible short

Hi - sorry if obvious but if easyJet need cash at some point soon (very possible) if the government does not bail out will there be a placing?

No good news in this. Entry point around €6 and then let O’Leary do what he’s good at. I certainly would not be holding onto my shares whilst it drops down there. Within a week of nothing changes.

I fear the hospitality retail markets are getting hammered by covid- and this is just the start

So I used to be a holder of KDNC and BCN. On the first one I lost a bucketload until I realised it was just a vehicle to pay the BOD, and Lenigas at the time. I have watched this space off and on now for 2 years+ and EMH seems to have been a roller coaster. Are things clear with the Czech gov yet? Is there money in the pot to get the mine operational? Is this worth’s small punt? There is certainly no question about adoption of EVs anymore?

I think it is entirely plausible now that all flights to and from Europe will be suspended - in this instance I expect flight companies on the stock exchange will be temporarily suspended. I think the next few days the price will replicate drops of today. Yesterday people were saying 9p predictions were ridiculous, maybe what I am saying is not so ludicrous?

On its way

Would love to see passenger numbers - 5 different people have told me how empty airports are across Europe and how empty their flights have been. This is going to hurt and in the short term Ryan air and all flight companies, I don’t think people are quite getting the level at which this will catch up

Those are the words that echoed on NMC .... shooters already made their money etc etc - I closed my short at a slight loss the day before they got suspended darn...still tempted with one here... Shetty is a shocker

With no clear answer?

Why?

Should I be happy I got rid of my short at a small loss yesterday or unhappy that my short would have made a killing as this mad as a bag of cats company comes out of suspension? If it never comes out of suspension just out of interest what would have happened to my short?

I’d say as it was rocketing downwards and Shetty sold c£70m+ shares at discount I’d say that was fairly frantic and not made up? (See my use of a question mark there?

Agree that the smart shorts made hay, but you think 8.5 is rock bottom, not by a long shot?

I’m I loving the optimism on the board. You would think Nmc was a gem of a company - results coming, £16 a share, yadder yadder - so its own senior shareholders don’t know how many shares they have, work seemingly overvalued, inflated assets, zero corporate governance, an FCA enquiry along with one paid for by the ex major shareholder (who does not know how much of the business he owns oh and has been frantically selling what he does?) - this is a FTSE 100 company (sorry was) that is in a dire state at present. If, and that’s a big if, someone buys it, it will be at rock bottom. Sorry if I’m deramping, and yes I’m short now, but seriously it is a crock of ****

And do tell - what’s changed? Nothing still a shambles, everyone banging on about assets values - guess what they are likely to be all overstated!

The company is an utter basket case lots of shorts still open for good reason!!

Oh I think there is plenty of time for the dire conditions of this business to come out prior to any bid - the top of this business is in awful condition, I expect a raft of problems before good news!

Lots of closing positions by the big boys, time for a nice drop here ready for them to stock up again