Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
so the company reported with pride that the net debt was lower at £107.7m, then they mentioned - The reduction in Net Debt of £35m in FY21 is driven by deferrals of VAT (£19m) and property payments (£21m). so debt was really £147.7m at end of January 2021.
Then it was mentioned - As at 31 May 2021, the Group's net debt excluding lease liabilities was £111.9m. Can't see they would have paid property payments since the result period as business was closed until middle of April.
debt is actually is well over £150m, they would have incurred more property payment liability since jan 2021. I would have thought the debt liability is £160 to £170m now.
Liz Truss says Australia trade deal will be exceedingly good for Mr Kipling cakes
https://www.dailymail.co.uk/news/article-9652425/Liz-Truss-says-Australia-trade-deal-exceedingly-good-Mr-Kipling-cakes-trains-cars.html
i can predict there will not be a rights issue mentioned tomorrow, but must be close to getting another rights issue started.
would not get too excited for Tuesday. This article is dated 27th may 2021, we all know what happened on Friday. Had it been a skys news exclusive then that would be something.
Thanks for correcting me, it would be a double nightmare if she ever worked for HMRC, we would end up with Italian tax system. Safer to have her at HSBC.
https://www.sharesmagazine.co.uk/article/it-could-be-takeover-time-again-for-premier-foods
an unstoppable force, can see people saying if the commute is more than 20mins then do not want to go into office for 5 days. If HMRC and BOE change employment conditions for this to happen then others will follow.
https://www.hertfordshiremercury.co.uk/news/uk-world-news/hmrc-employees-work-home-part-5448577
Obviously the HMRC analyst Ms Russo does not work from home, perhaps she will work from Italy. Only drawback I can see is, people moving to other countries and working from there, with say a Ryan air flight every couple of weeks to go into office for couple of days ( staying at a premier inn hotel overnight) . Tips on Premier inn and ryan air.
working from home will become more common even after everything opens up. Pile yourself high on greencore shares if this trend is good for greencore business. Others should think twice
https://www.hertfordshiremercury.co.uk/news/uk-world-news/hmrc-employees-work-home-part-5448577
snippet - Stop hunting is relatively straightforward. Any asset with significant enough market volume will be moving in a more or less defined trading zone with areas of support and resistance. The downside stop losses tend to be clustered in a tight band just below resistance, while the upside stop losses sit just above support. Larger traders looking to add to or exit a position can shift the price action with volume trades that amount to stop hunting due to their market impact
Jed's point may hold water and we will find out next week if true. The drop was just before a busy bank holiday where volumes were very thin in the morning, also last trading day before June. Looks like last hour before close is a good time to pick up shares that are in high demand by breaking stop losses. Shares have gone up a lot so there should be lots of stop losses at a reasonable support level
https://www.investopedia.com/terms/s/stophunting.asp
jed, looks like you like playing with fire
just hope your punt works on greencore.
The investor call yesterday did not give a lot of confidence that the new promised business is as profitable to replace existing lost business. Easy to win new business from competitors but difficult to make it profitable. There is no guarantee they will be able to pass on the extra costs.
It takes time for analysts to perform the required analysis,
depends on which way this is looked at. There are additional costs that would reduce free cash flow this year i.e. cash to reduce debt, couple examples below
1. £12m refinancing cost ( this includes £4.8m early redemption of existing fixed notes), but hoping this is lower due to better ratings.
2. £11m dividends ( includes 2.5m pension contribution)
looking forward to reading about this in the Sunday newspapers. From "Zombie" to "Star Performer"
guess Pernix needs more time to know how the market works, perhaps another 40 years needed
with the 3m trade trade for 101.40p yesterday at 16:35:53 indicates strong support over £1
your are right 'trade the rumour not the news', let see the price of new fixed bonds today
just look at the rest of the markets and the so called growth stocks are getting crushed. premier is holding up well, although still early days
UK April 2021 figures also being released on 19th May. This might give the markets a scare especially fte250 but expecting/hoping this does not spoil Premier results.
PFD is still a much safer bet then the so called growth stocks for the short/medium and long term, growth stocks may benefit from short term price rises to push profits higher, but markets are no fools and will expect interest rates to go up. Central bankers can only push the illusion of the inflation being transitory for so long.
If the bank of england does not do the right thing, then the markets will do it for them, just look up black Wednesday.
This inflation to me looks very much like the late 80s.
Below 3% means anything from just 1 share to 2.999%