Member Info for BTFATH1

Million net profit from 15-18 and a one off impairment that led to a loss last year. This was 14x the market cap it was a year and a half ago.

I just cannot fathom how on earth it has got this low.

Are mortgage clearers imo

Early August I believe. I’ve just bought some more at 1.16.

45 odd million excluding cash valuation is just astonishing for the entire global brand. It’s nearly 50% down in a 5-6 weeks.

This will move so fast upwards due to incredibly low free float.

What a gift at this price

Completely folding isn’t it :-)))

113 million market cap is an utter joke

https://www.heraldscotland.com/business_hq/18586031.north-sea-heavyweight-ramping-production-west-shetland/

Are not even in the equation they have the cash in the bank and extremely low debt.
Even if the resources are downgraded to 500 million net assets they have hedged at a minimum of 35 dollars I can see a 25-50 million pound net profit in 2020 combined with the 58 million last year.

Buyout all over it unfortunately

Rockrose had 1.1 billion of liabilities including cash - crikey

Had of 1.4 billion in liabilities and net assets of 150 million and sold for double.

We have net assets of 700 million and a market cap of 115 million with next to no debt taking into consideration cash in the bank.

Bonkers

On the offer

Maths man well look at tullow, pmo and enq it is extremely low debt!!!!

Sorry 112 million mc now just unbelievable

58 million net profit last year
30 plus million this year
700 million net assets
Very low debt
130 plus million in cash
Huge untapped resources

Go figure what the sp will do in the coming months I can see a 2 bagger quick smart

Beyond farcical now I personally think more and more this is being massaged to open the door for an offer/s

Agreed there is need for a rights issue but they do need an extended credit facility set up perhaps this is the reason for the continual daily drops.

It has allowed us to buy in at very low levels this is a medium term hold for me

80,000 more shares at 5.82 just astounding this level and is now valued at just over 100 million mc with 130 million in cash and no attributable value to any of the 700 million pounds worth of assets.

Sitting duck now for an international investor imo

Mornington their main market over the last 5-7 years has always been 24-60 somethings. I see huge amounts of people wearing. Superdry polos, t-shirts, jackets, jumpers with the small discreet badges.

You must remember they are in 70 countries and what you see in your city is not representative of the world :-))

5’s again very likely just such corruption from the market mafia no change there then

Cheap rubbish like boohoo that doesn’t last one wash

Exhausted sorry

Revenue alphas nearly doubled since 2015? Most probably because they have gone global but it’s increasing massively not declining.

50 million pounds this business is now valued at and the net profit for 15-18 was over 200
million and they have no bonds are focusing on going more online and above all the balance sheet is very strong with no borrowings.

Deramp at £5 but £1.20 nope :-)