Member Info for Bebeto

Seen loads of ESL lorries out and about today.! Half of them were in lay-bys having their breaks.. must have been working extra hard.!

Fixed gas prices until 2022, No Brainer.!

In the haulage sector and ESL is at the forefront in the UK.

Govt has set aside delivery curfews, so deliveries can be round the clock and relaxing driver hours , so deliveries can take place.!

ESL will have increased workload and bumper revenues in these times.!

Nothing to worry about here

Load up and hold

The difference over here, is we use (JIT) "just in time" inventory management system, used to manage the stock that is kept in storage. It involves receiving goods from suppliers as and when they are required, rather than carrying a large inventory at once.

Until a threshold is actually crossed, the Major shareholders will stay the same. Yes

There's no TR1 because there's no threshold crossed for one to be issued.

It's coming down to how much you value this stock with massive upside potential, there's multiple 100's of percent to be had for the patient investor.

Get out now.! The Govt isn't going to bail out every sector to the degree they are asking.

They'll be generating revenues throughout this coronavirus period, unlike most other sectors.

Coronavirus will effect the market for atleast a month. In the meantime If ESL doesn't release any positive news it will go below 4p .

The Dbay deal valued ESL at 28.25p, so there's massive upside potential here longer term from the above range.

They'll be barely any shareholders in profits here now, we're below Dbay's last tranche from Woodford so there's loads of profits to be had here now.!

Share price has taken a beating so far this week, even though the business will be booming over this coronavirus period.

This share was a long from the start.!

Company is now on a stable footing and not likely to go under anytime soon.

The shareprice is way too low and oversold for any dilution.

Positive newsflow will bring the shareprice upto where it should be, now is the accumulation period.

Needs news for any move up to hold otherwise underwater holders selling into the rise.

I'm reading no insider trading at this low shareprice, as a positive newsflow on the way.

Agree, it's good to see they're getting their house in order and I'm looking forward to seeing the coming newsflow as the bad news is out of the way.

Ah yes, I see the difference between 15th November RNS and 26th February RNS regarding the EBIT profit to loss forecast.

They have just changed how they allocate so it would naturally reduce EBIT (in turn changed from profits to recording a loss)

At the conclusion of the consultancy services and the inception of the lease, the Group typically receives a large payment.....
...the Group attributed all the consideration received to property consultancy services.. Having reconsidered the accounting guidance... the Group has determined that a more appropriate way to account for these combined lease and consultancy services transactions is to treat all the consideration as a lease incentive and allocate no revenue to consultancy services.... Approximately £17m and £33m derived from those activities for financial year 2017 and financial year 2018 (respectively) and approximately £13m prior to financial year 2017 has been reversed and restated, and the amount received related to these activities recognised over the life of the lease....This has resulted in a reduction in previously reported EBIT.

Truth factory,
Yes accrued which means this provides the Company with the capital it requires whilst also not burdening it with costly periodic cash interest payments

The idea with these loans is that company will be able to use the money to sort out their balance sheet and then have more than enough to pay all the loan off when the time comes.