Member Info for CaptainSwag

Ice..you have to learn to read rns talk.

Do you really think he had a choice ? Oh you lied on your cv etc..but hey no problem..the company isn't being dragged over the coals at the moment ..having a £10m financial review.

You make some good points..but taking that stance discredits you ..and then that questions some of your other opinions.

Best to admit when you get it wrong ..improves your credibility

Agree with ice in that once the exceptionals are out of the way they can turn cash flow positive ..there will be no problem getting finance then.

If they can prove that they will actually be cash flow positive in 2026..then Oct 2026 will not be an issue.

The fear has been brought about by one broker assuming there will be equity raise. Firstly IMHO the sp has fallen too low to be viable. Secondly if the company is so rubbish why would anyone want to buy shares..you can't have it both ways.

IMHO once the review is complete ..finance won't be an issue. Even if they have to pay higher interest

"The dude resigned, not sacked officially"

No he was given a gun and said you either do it yourself or we do it for you. The first looks better for you for future jobs...and the company as well.

That was a firing

Just as gardening leave isn't a choice

Funny how stalker has been crying for me to leave ...when i do...they still obsess over me ...bizarre

They should be careful what they wish for...lol

Hosal...he avoided every question he was asked..just basically regurgitated what they had presented..which waas pretty much identical to the rns.

I understand they cannot release additional info that could affect the SP..but it really just came across as a wasted exercise

Any thing with the number of missed deadlines already.

Everyone took this as meaning something which there is no indication it will happen.

A couple of funds have had enough..and tbh who can blame them

Unfortunately it all had a snow ball effect.

The company is either going to sort stuff out or go bust..if the indications were on the latter then the shorts would massively have increased. They would be going for zero..they haven't.

Unfortunately there is a bit of limbo whilst the review is finished ...it would have been better if we had had some sort of timeline on when it will be...however as previously stated the CEO doesn't feel the need to communicate stuff that sh should be entitled to know.

Once review is over.

I think they will be able to sort out finance and slowly regain confidence.

I hope somewhere someone is lining up a replacement for another shocking UK CEO

Their debt is not due until Oct 2026..so they are currently covered and will have no problem getting accounts through.

They have plenty of time to sort out debt ..it has only become an issue because of the terrible presentation from the CEO ..where he was clearly not going to give any answers . He probably is wary of saying

News

Look under new tab

Reckons 65p target

That is a bit more than I estimated but hey they know more than me

Ice cool...tbh I don't think the CEO needed to mention finance ..18 months out.

He is a total clown.

In the presentation ..he gave no additional meat to any question.just regurgitated.

When asked about finance he just said they were exploring all options..when asked about capital..he just repeated that they were exploring all options.

I don't think this was anything other than him repeating himself and not wanting to say more.

I don't think he fully realises that how he presents is having a huge effect on the so...he is clueless.

Unfortunately he is clearly not someone who is interested in the so short term or recovering damage done

Well the play was on wg having finance issues when debt is up in 18 months.

Since they previously got finance with negative cash flow and even more debt...it is a possibility but just as likely that they can agree something.

If company release good news on finance..this will rocket.

We know the review damage is not going to be anywhere near that priced in previously 60% drop back in Nov.

Not saying there aren't issues to be addressed but market currently valuing it as going bust.

Whilst it is biz as usual and more contracts

Jeez this company is a basket case.

The CEO must go..if he hasn't even authorised someone to check the CFO credentials..FFS

Not sure why the company paid £10m to investigate haven't come up with this sooner..should be one of the first things checked. In my line of work they check your quads from the get go

Tbh I preferred him in the presentation to the CEO..

At least he answered questions whereas the CEO gave nothing away...seemed like a point of principle

Tomorrow gonna be interesting again...FFS..

Just needed some stability

If they are really in need of a capital raise then I suspect they will be taken over.

400m is nothing for the order book they have

The management really really need to come out with something to steady the waters ...how can they get away with just keeping schtum

Can we have a link..i have been on their research data base and can't find anything

I suspect the 220p was a real possibility but when they looked under the covers they saw that it wasn't worth it...and they were clearly right.

I thought that until the review was over it would be hard to put a price on wood..unfortunately now raising the question of the finance has put a spanner in the works

"Perhaps they tried, but did not get enough wider shareholder support to do so?"

It is hard to imagine anyone supporting current management ?. My guess is they saw the rns and the waste of time presentation and thought this clown is never going to support SH and Sp...lets go

Ice cool...maybe before throwing your toys out have a proper read.

I said " back" to 70p..as this is where we were oscillating just prior to the crash.

It was not a random figure at all...

I have previously posted my thoughts. It had got a base around 70p ..with the possibility of a bad review.

The review turned out to be not so bad ( certainly not worth the previous 60% crash)..however the switch on cash flow and mention of finance and p*** poor communication and support from CEO..meand that the sentiment is lower than before. Hence I don't think it will get back to 70p. I think it will get back to 50p and then oscillate around there...until we get some hopefully good news

I guess the big seller has had enough of the CEO...pity they didn't pressure to get him given his p45

There hasn't been a huge increase in shorts from what I can see..so the crash had to have been from a big seller.

At least the info is out and we know who.they obviously panicked retail and it all snow balled from there

I suspect the shorts might cash out...they would have made more than they expected..and is it really going to go lower ?

So the road to recovery..will take a long time...and I am not sure we will get back to 70p

But it is good to have it all confirmed

"Will be nice if the CEO or the board buy shares to show investors that they believe in the company"

Yep...would send out a strong signal.

The very least the ceo i could do after awful comms destroying sh value

Might actually keep him his job