Member Info for Daytradenovice

You still havent got your £2.78 + buying fees back yet unclue.

All those wasted (FIVE LONG) years and missed opportunities elsewhere, tying that capital up for absolutely nothing, and i wont even mention its loss of buying power with high inflation, whoops, sorry.

No wonder you lose money everytime at this game.

Still waiting for your 2022 prediction of bankrupcy for Ryanair lol, hows that coming along.

Yeah yeah tradey, we get it, same message, all day everyday every post.

Your always right, and everybody else (oddly) is always wrong.

Except thats not true is it.

"The £6m is net cash - which is not the same as cash in bank. Cash and cash equivalents was £330.6m - this is money in the bank. Once we offset the debt it nets out at £6m.

I fully understand your thinking. i.e. £6m cash + £325m credit via RCF = "cash in bank".

Using same logic, my wallet containing £5 + Amigo loan for £1m = i have 'cash in bank' of £1m + £5. Total rubbish.

I have £5 and a whole heap of credit portraying itself as 'cash in bank' when in reality its simply a credit line, or debt/working capital/rope around my neck/liability, depending on how you spin it.

Default on your mortgage for the last tenner, and see who 'owns' your house. It wont be you.

"So they have plenty of liquidity and do not need a placing, which was the theme from the start of the thread."

Again, I have never mentioned placing, although they do have plenty of liquidity, most of the cash osnt actually theirs, its the banks.

Cheers for the confirmation re RCF PokerChips :)

He wont change Pedro, he truly believes himself to be some sort of boo messiah, and has proven time after time after time that he is incapable of communicating with so many different people on here in an honest and decent manner.

Its always his way or the insultometer comes out again.

Quite sad and rather pathetic really, i actually pitty people with such troubles.

Oh dear the abusive ones ego and need to always be right is just toooooo big to admit to being wrong again.

Here is the paragraph i suggested you read in the Feb year end results.

"Strong cash generation with free cash flow of £30.2 million as a result of significant inventory and working capital improvements (2022: -£251.2 million), and balance sheet strength maintained with £136.1 million of unencumbered freehold assets, £5.9 million net cash and a £325 million Revolving Credit Facility, giving £331 million of liquidity headroom"

Now, unless my eyes are decieving me, as you are trying to everybody on here with your lies, It quite CLEARLY states £136.1m OF UNINCUMBERED FREEHOLD ASSETS. And not them"nearly" £150m you keep ramping the number up to in your efforts to mislead and make the companies situation sound more favourable.

Either way, it hardly matters that you cant read properly, the market can and doesnt rate this above 34p

But thats not what you said is it?

You said ."They’ve got £300m in the bank!"

They havent, so that is misleading and factually incorrect.

Their OWN update states cash in the bank is a tad under £6m.

They have a CREDIT facility for £325m I.e. an agreed loan, and i have never mentioned a placing.

Facts old man, facts. Just dont suit your narrative so you turn up the Insultometer and start the personal abuse hurling. Same old same old with you, happens everyday with practically everybody.

And do try and get the assets right. Its not "nearly £150m" as you have lied multiple times on here today already. The last update stated it was £136m . Go have a read

And please look again at your agressive and nonsense behaviour towards Pedro earlier.

I've reposted what you stated below.

Fancy accusing a poster of posting 'only on one share' then in the next sentance stating the opposite.

Makes you look a continuing plonker with an agenda lol

(quote) "And still no explanation for why you only post here or for your abysmal price predictions on other boards. "

Too emotionally attached to Levels turkey are you im afraid, not good for an investor, even one who invests "only a few hundred quid", as you also posted.

Level

Interesting choice of the word, Turkey there. I couldnt possible disagree with its use.

However the ostrich is faster, hits 43mph.

Saw a quite few of those running free in the Maasai mara when i took mrs DTN a few decades back. Big buggers they are.

Still See a few on here most days, quite common on lse.

Obviously Enjoyed it more than your "fantasy" carribean one coasty.

you were posting on here from the beach on about day two i saw. Investment here clearly worries you and im not surprised given the latest dip.

Probably spent the whole time looking in travel agents windows at mere pictures in reality tho.

Whens your £6.50 party due?

No idea but suspect nothing glen specific as sector is also up, Rio, Anglo etc

Now im not going to be getting drawn into any 'debate' about this but they DONT have £300m in the bank. That is most misleading

Its a CREDIT facility, that they have ability to draw against, which is what they have done.

In essence It is not THEIR CASH its a loan, on which they pay fees.

Absolutely right Pedro

And yet on here the two fanboys are still blabbing away abusing everybody with a different opinion and blaming all and sundry for the businesses woes.

Its all "manipulation" of course.

Q the abuse

Not that i need to confirm anything to a numpty like you, my journey north from Cornwall starts at 4pm tonight - long overnight drive to dodge the traffic.

Might just pull over at 3am to send you a quick little post to make you feel 'loved'.

Must be lonely on that keyboard of yours prattling out bs and lies again today.

Maybe you should go on a little break, or take up a hobby or something, all that anger and agressions not good for your bp old man.

Lol Gazillions,

He's been asked, amongst many other things, for his average piles of times yet the best he can manage is to say he holds between 40-60k shares.

T'will always be so with the old salesman..

"The choice to me is fairly simple. Either you believe the next few years look better than the last couple or you don't. Either you believe that the management are competent or you don't. "

or you believe the few years before "the last couple" were the best ones, and that "the last couple" are the shape of things to come, as the few years before the "last couple" had unprecidented assistance, from a never to be repeated lockdown covid bonus.

Especially relevent if your a holder who bought in pre-bubble and didnt take the golden oppo to exit in triple digits.

Not everything returns to previous highs, as rampers would have you believe.

Absolutely right Pedro, an own goal if ever there was one. Trust is important.

And we know of at least one supplier that has stated he wont be supplying BOO further.

There will be plenty more guaranteed taking this view, indeed same poster said exactly that.

"he's even trying to twist what rag posted now. "

Am i?

only maybe in your badly wired up grey matter.

In reality i have actually agreed with and praised the guy for his excellent informative posts, several times, as well as wishing him well with his personal investment.

Wasnt it not so long ago you specifically accused him of 'not being in the industry' at all?

You are one serious troublemaker aint you

May have to explain it to him after he's posted his next theee year old non relevent cut n paste to justify his £6.50 valuation thats now backslid to £4.35.

Not the brightest of fellas, i still blame the ingested floaters, but at least actions now being taken ;)

"The thing is Doug will be laughing last here when this recovers to all time highs."

I can think of one thing here almost certainly on "an all time high", nothing to do with the sp though coasty