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Father - sure, they can do a consolidation so as to be able t issue more of the new shares in a fund raise. But the problem is the effect on both the likely effect on the value of investors 'holdings and the amount of money they can raise.Maybe best you read the actual article.
As for your rant - briefly because it's so boringly typical - there's nothing worthy about supporting a company which performs terribly for its investors. Dismissing critical analysis and constantly trying to talk up the share price instead, is what all too often leads to financial misery for forum bulls.
"Kroner not orders then! "
Indeed - credit for conceding that !
As for me "making up"costs as I go along, as you put it, I did say they were a guess - though I think a pretty reasonable one. A rather paltry 5% operating margin is quite common for large scale production where there's strong competition.
I used it to illustrate the difference between exciting sounding orders given on promo videos, and likely or possible actual profits.
These are volatile times for costs, so for the overall backlog and likely yearly earnings I doubt we'll be much wiser after Monday
Rees, sure, but if you're carping at my figures (?) it's the RISE in Wyld's market cap of about 3million after the agreement that's relevant to, and should warrant, only about a 700 grand rise in Tern's market cap.
The website is out of date. Tern gave the latest on Friday's RNS (27.5%).
So as others have pointed out ,since Wyld's market cap is only up around 2million quid that should only warrant a rise of about 700 grand for Tern.
Not plus 10 million !
Short selling activity in tern is LOW
https://markets.ft.com/data/equities/tearsheet/summary?s=TERN:LSE
There were actually 1.63 million Wyld shares traded on Friday acc to the FT.
https://markets.ft.com/data/equities/tearsheet/summary?s=WYLD:STO
Just pasting this over from the other board ......
Edmond - Tom w did - lots of times, long before the big crash. A shame for you that you ignored him, or weren't aware. Might be a good idea from here if you don't ignore his circa 0p price price target , endorsed by the bond wizard W Shakoor.
!bilf - I haven't checked but were previous cautions quite as stark as this
"Furthermore, the Company does not have sufficient working capital to cover forecasted expenses for the next 12 months, and does not have cash inflows and/or adequate financing to continue its operations."
SteveV -- "• refinancing the Senior Credit Facility ("SCF") to reduce the Company's cost of capital (see "Capital
Resources and Liquidity – Indebtedness"
Sounds like a partial debt for near complete equity swap to me. Involving a hell of a dilution, for current holders, and probably the real reason for the huge consolidation being mooted and played down.
The brokers are expecting earnings per share of MINUS 12.25p per share.
For the next year (ending June 2023) they are now forecast to be MINUS 0.85 p per share.
Although that would be a big improvement it's still a loss, and when it comes to medium range forecasts brokers tend to be overly positive for their clients and revise downwards as time goes by. In fact they've already revised down from plus 1.4p per share a month ago.
(source: yahoo finance)
They're due to mature 2025 so it's a tall ask esp with inflation/recession headwinds.I know revenue projections are high but look at AMC. Huge revenues but still forecast to make losses this year and next.
hTTps://finance.yahoo.com/quote/AMC/analysis?p=AMC
IF rumour true, a reminder that the market has been expecting a settlement .
The crux of the bear case here i they won't be able to service the secured loans so they'll need to do a debt for equity swap at some point.
hTTps://www.ft.com/content/949af51b-7807-41c6-a895-223519dfa221
I think his main point is that although they both have very high debt, CINE is in a much tougher position because of its looming loan maturities and their need to refinance.
Re peer comparison , this was a recent comment from JakNife on advf ....."AMC has very similar problems to CINE, it’s balance sheet is hopelessly burdened with debt that it has no chance of ever being able to pay back. The big difference compared to CINE is that the maturities are longer and the covenant packages are lighter and hence they’re not under any pressure to refinance. However, the level of interest that they have to pay is equally punishing and hence AMC are very unlikely to report a profit for Q2. The result will be announced on Thu 4th Aug.
I don't think the anti-virus function in EITHER mask directly protects the wearer.
In both cases it only applies to particles that have already been blocked by the fabric, not the tiny airborne ones which manage to waft straight through the pores.
It's just that Deltrian are more responsible in their marketing statements.
People wanting better direct protection – who are bothered more about what they're still breathing in - rather than cross contamination through careless handling or disposal – should buy a proper N95/99 certified respirator mask as worn on Covid wards.
Williams - any serious company analysis involves looking at the competition it faces.
BB rampers usually write as if NNN is the only company that makes virucidal face masks !