Member Info for Beo1

Also a company cannot legally force anyone to spend there net earnings on shares. they can (and B&M have) instructed that he builds a 200% of base salary in share holdings over time, but typically that is achieved through retaining stock options awarded to him (which he did earlier in the month).

Interesting, can you share a copy of his employment contract? as the contractual terms as far as i am away is that he has to take 50% of his bonus as deferred shares, that is 100% different to what you have just alleged

Not sure whats sparked this rise today, I had the AGM votes last night and one was giving them authority to do share buybacks, doesn't mean they will do them, but perhaps the statement of intent to be ready to do them has been a bit of a catalyst for today?

Director not direction

Another positive direction transaction, looks like he opted for share options instead of cash.

It got signed last night.

I didn't say worked out for him, you implied an insider buying means they know something we don't and a rise is coming, I'm saying the CEO's large purchases were not a precursor to an improvement in SP, we are still below where we were before he started buying and its been 10 months. Not to say it isn't coming, but his purchase was more a belief in himself and not that he "knew" anything

Because that worked out when the CEO bought didn't it

Did you factor in that some of that ASK if from fleet coming back from being stood down, so already in the cost base (eg the "depreciation" on the c12 planes is already in the numbers but now we get EBITDA against them)

And I estimated about 5% of the 15% & 20% will be from planes coming back into service post the engine issue. so No extra depreciation, meaning the extra EBITDA on that element will have 100% pull through to net profit

LOL, you bought in when it hit 83p because it reached your entry point of 81-82p. Have a word with yourself

I would say they have, since December, declared shorts have risen from under 3% to 10% and then back to 8%, whilst the SP since December is up. so those moving up to declarable or starting shorts since december have 100% lost money, the 3% at december batch are probably still in profit

Should add my 50% assumes half rent free half paid for, so yes if the rent free period is a small proportion of the overall lease then the impact diminishes

Not 100% non issue, you are correct in the IFRS16 would take the total payments to the end of lease (less the implicit interest) and then amortise that evenly over the period. But if there is a free element then when the lease ends and jumps up the new amortisation would still see a material increase. (just not from £0 to the new rate but 50% of £0 and 50% of the post free element to the new rate). But I don't believe they are getting it all rent free.

Wasnt talking to you. Didnt say it was great but a swing of neg 0.6% lfl to a positive 0.25% sequentially is a greenshoot, that swing annualised is inflation beating.

Perhaps try a bit harder to actually understand the numbers, Q3 YTD was already know, we took a hit for that, what did the Q4 YTD tell us that we didn't already know. If you take the Q4 less the Q3 YTD there were some greenshoots. UK LfL was down 0.1% in Full year, in Q3 YTD it was down 0.2%, considering Q3 YTD is 78% of the total UK Revenue the maths tells you LfL in Q4 was up 0.25%, not great, but going in the right direction now (Q3 itself was down 0.6% LfL, so a sequential swing in LfL % of nearly 0.9%. if you can't see the good news story in that, then perhaps investing isn't for you

The FMCG and and general merchantidising comments were based on full year 26 vs full year 25, i would suspect the Q4 only elements would show a different story, (as does the total sales values) but we don't have that info

If you isolate out the Q4 numbers from the full year numbers, the LfL did return to growth, not loads but growth again.

Excluding the 77 planes, thats a 25.4% YoY increase, vs the reported 26.1%, vs Aprils 22%, so they were smashing Aprils numbers in any way you want to look at it even without the Final

What are you on about? From May to April they carried and extra 498k extra passengers, the 77 planes x 2 ways is about 37k extra passengers.