Member Info for CERP-84

Does anyone have any insight into the MO of how these companies operate?

Just interested to know if they have a track record of asset stripping/selling off component parts or investing in companies to try and maximise share holder value?

I'm scratching my head as much as anyone regarding the current price.... the only thing I can think of that is keeping the SP supressed is the low RTE...

What most people don't realise is that Spire have invested massively over the last 24 months on new Clinics, Robots, MRI's, CT's, New Wards, Refurbs etc etc which has reduced EBITDA for 2025 but will pay dividends in the future.

GLA

You should get your facts straight..... did you not read the March RNS?

Revenue up 8.3% to £1,198.5m, driven by increased private treatment; private revenue up by 14.5%

· Average revenue per case up 10.3% to £3,179; admissions up 7.8% to 262,801

· Adjusted EBIT up 30.2% to £105.6m and Adjusted EBITDA up 14.2% to £203.5m

· ROCE(7) increased to 6.2% (FY21: 4.9%)

· Profit after taxation of £8.2m (FY21: loss of £8.9m)

· Growth delivered despite material impacts from COVID, raised sickness and workforce pressure

· Good cost management with Adjusted EBITDA margin up from 16.1% to 17.0%

· Continued support for the NHS especially on 104-week waiting patients and orthopaedics

· Repaid £100m of bank loan and completed re-financing of the Group's £325m funding facilities

No hospitals in central London but 7 in and around the m25 ring road. How do you know there are inflation clauses in the lease agreements? Or is this just speculation?

I suspect the market was waiting for an update on trading performance for first quarter. See todays RNS. :-)

Positive RNS this morning ahead of todays AGM.

Expect a significant reaction from the market today.

Full year results released today and despite COVID 19 cost pressure it's been announced that there has been a 10 % increase in Ebitda growth.

The main reason for this is due to people deciding to pay for their own procedures rather than lengthy waits for Nhs appointments. Lots more people also taking out private medical insurance so expect business to grow in the medium and long term as well.

Exciting times if you are invested here.

Gla.

Bohemia 'S-1 may already have drained much of the oil close to the wells.'

As far as I'm aware S1 shouldn't have drained anything from the reservoir apart from a few token barrels as it was only ever an exploration well?

The bid from Ramsey significantly undervalues Spire bearing in mind the backlog of elective procedures that Spire is well placed to pick up. The current bod seem open to selling and moving onto their next ventures bearing in mind they accepted the very first offer put to them.

Apart from Mediclinic and the bod I can't see this gaining sufficient shareholder support to get it over the line. I wouldn't be surprised if HCA came in with a higher offer.

This offer is low IMO, wouldn't surprise me if HCA came in with a higher bid. HCA are predominantly London based, with a new build in Birmingham so the only issue to get past with the competitions commission would be Manchester where both companies have state of the art facilities.

Ramsey and Spire have multiple hospitals in close proximity to each other so even if this gets past shareholders the Competition commission may block it anyway or force the sale of a number of hospitals. Interesting times ahead....

Thanks for explaining how the warrants work Bohemia, but isn't it the shareholders and the company who have raised the 5m by way of the open offer rather the Gneiss?

As far as I was aware Gneiss were supposed to be managing the Bahamas farm in enquiries post p1 result analysis and from what I can see not a great deal has happened on this front?

Atb.

Could someone enlighten me on what Gneiss have actually done to warrant 100m shares in compensation for services rendered please?

From what I can see they have done absolutely nothing to benefit the company to date, am I missing something?

The BOD taking up the OO is nothing more than we would expect. But credit where it's due they have done it, the reset button has been pushed. Onwards and upwards from here on in!

Massive period now with S2 about to happen, just hope the mud is heavy enough...;-)

Gla lth.

YNH here is where you can find the voting form. https://www.bpcplc.com/investor-relations/constitutional-documents/

Here's the list of the top 15 shareholders, Elytan isn't on it....

I also notice big MJ isn't on there now either.....

https://simplywall.st/stocks/gb/energy/aim-bpc/bahamas-petroleum-shares#ownership

I'm 35k down on my investment here so I'm feeling the pain as much as most. The recent RNS suggested that Etan intends taking up the option on his shares, I would sincerely hope that the rest of the BOD who have kept there positions will be doing exactly the same, if not I don't see why PI's should be expected to bail the company out of the mess mr Potter and co have left us in. The way I see it if I am being expected to stump up more of my hard earned cash then they should be following suit, if not they should be shown the exit.

SVS have a day off....zzzzzzz

https://whatwedointheshadows.fandom.com/wiki/Colin_Robinson

Lol.... He certainly had his fair share of reg15 notices....

Actually the all share merger was based on £25.1million valuation for the ex-cerp assets.

https://vsacapital.com/?s=Columbus+energy

I think it's important to factor in that this was at the height of Covid first wave and depressed oil price....

I've been invested since the LGO days so probably have a higher average than most. I was as disappointed as anyone that non commercial quantities of hydrocarbons were found during the P1 exploration drill but the difference between you and I is that I came into this with my eyes open having done some background research into what I was getting involved in.

With a COS of 35% for p1 the situation we find ourselves in was always a highly possible outcome. Some on here seem to have accepted this and are trying to focus on moving forward, others like yourself continue to self flagellate and jump on any opportunity to spread negativity.

Reading your previous posts it appears you were seduced by promises of high returns in a short space of time. I can't fault you for that. If we had found commercial quantities we would all be doing very nicely... What I have an issue with is the fact you took your chance, the same as everyone else who was invested here but instead of taking responsibility for your own actions, you and others like you continue to stink up this bb like a rotting carcass.

ATB

Keep up the good work Star, ignore the trogs, most of them are looneys who need to get a life.