RE: Adding into March9 Feb 2024 07:21
Paul people are debating with you. You also don't want to listen. Yes there could be a takeover. Do you think it is impossible for the finance companies to extend their terms and increase their loans for pfc or sell none core assets and raise cash there by appeasing the finance companies who might then increase their loan terms and debt facilities ? Before those angles have been looked at you are looking at the worst. Ok you are a hot shot smart business guy. Do you think with a order book of 8 billion and pfc getting awarded the Hitachi contract, 2 Hitachi contracts and remember one was in dec 20th after the share price collapsing, so you think if you were a bank you would be ready not to increase the debt facility and loan terms? Seriously ask yourself that question. You say you are being logic and looking at all risk ? If personally I was a bank last thing I would want is with an order book of 8 billion for pfc to put itself at bigger risk and lose more value ? I would only do that if the bank thought these muppets are never going to get more business. Do you not think that is a fair point ? You can look at worst case for most companies including superdry and yet look what happened there pfc with 8 billion order book and working on high profile projects like Tennet ... come on you doomslayers lol come on. Transfer yourself in the shoes of the banks and major shareholders here.