Member Info for dflynch

M2021

Sirus was completely different situation - they had no revenue stream.
Hurricane has!

RNS dated 30 Jun 2017 Results of Convertible Bond Offering

Extract
“The Bonds will be issued at par and carry a coupon of 7.50 per cent. per annum payable quarterly in arrear in equal instalments. The Bonds will be convertible into fully paid ordinary shares of the Company (the "Ordinary Shares") with the initial conversion price set at US$0.5200, representing a 25 per cent. premium above the placing price of the Concurrent Equity Placement, being £0.32 (converted into U.S. dollars at a GBP/USD 1.30 rate).
Upon conversion of the Bonds, the Company may elect to settle its obligations by way of delivery of ordinary shares, payment of a cash alternative amount (calculated by reference to the volume weighted average price of an Ordinary Share over of a specified period) or a combination of the two.”

And

“Unless previously converted, redeemed, or purchased and cancelled, the Bonds will be redeemed at par on 24 July 2022.
The Company will have the option to redeem all, but not some only, of the outstanding Bonds:
· at any time on or after 14 August 2020 at par plus accrued interest if the value of the Ordinary Shares underlying a Bond (calculated over a specified period) shall have been at least US$300,000; and
· at any time, if 85 per cent. or more of the aggregate Principal Amount of the Bonds originally issued shall have been previously converted, redeemed, or purchased and cancelled (the "Clean-up Call").
Settlement and delivery of the Bonds is expected to take place on or about 24 July 2017 (the "Closing Date").”

"... an intention to list on aim is inevitable."

as are Typo's

SW77

That thought had crossed my mind reading todays comments. There must be a certain amount of synergy in such a move - and TRMR has all those dormant shares in treasury!

Time will tell. Any further thoughts welcomed.

Patience – TRMR (nee BLNX), ITM, JET2 (nee DTG) AFC, SLP, AXS, JLP, CWR and PFD to mention just a few have in my experience all suffered similar SP reverses and adverse critical BB commentaries over the years. Not the case now!

As a shareholder I hope you are successful in what you are attempting to achieve.

Many take a moralistic approach to investing spurning such sectors as oil and gas as not being "green" for example. But how many look at how a company is being run and the moral compass of those we pay to act as stewards of the company.

If the dispute is as described then the BoD should be held to account for this practice - perhaps the shareholders should organise to fire and rehire the board on terms that reflect current CNA management style.

Commentary from the CNA board
Just wait for the spirit sale RNS then watch the SP boom. It would run right through 60s and 70s before settling at 80p. 30% rise in a week or two is coming.

AND

Good point. We know that the owners wanted to sell Spirit within 3 yrs, that passed in Dec 20. We know parties have been talking for months.
Therefore I wouldn’t be surprised if there is a statement this month about a deal being agreed.
Of course these facts have been tempered by the Covid mess; nevertheless a sale when oil price is in contango usually means a perceived win win to sellers and buyers. Question is value, can Spirit be sold for at least £3b, representing £2.2b for Centrica. Let’s see

Any views on how this might effect HUR?

HD2U
Thank you for the apology which I accept. I fully appreciate that you are of a different opinion and you have every right to be so.

I am not a CV19 conspiracy advocate. But I do think that the approach to, and measures for, dealing with the CV19 issue has been “over-egged.” I am doubtful that HMG has correctly identified and focused on the main issue – which they appear to be saying is “save the NHS!” Laudable - but at what justifiable cost when the UK situation is viewed holistically.

Only 0.64% of people tested as being infected receive hospital treatment and many of these will have been admitted for other treatments – their infection only having being discovered by testing on hospital admission or subsequently. Co-morbidity, and the 28-day test period, hides the true mortality rate of CV19. Mortality rates for the one cause of CV19 will be substantially less than those used to support the current dystopian CV19 strategy.

The recovery rate of those CV19 patients who are not suffering co-morbidities is not readily available. Neither is the nature and number of acquired infections by hospital in-patients. Such information would make interesting digestion – and perhaps a more objective change of views and strategy in dealing with the CV19 issue.

I asked reasonable questions.

Your arrogant responses were unhelpful?

Obviously you are not a fan of critical analysis and thought regarding publicly expressed opinions. Freedom of thought and expression are are still widely valued in the UK - despite attempts to supress them!

What is te basis for claiming that CV19 is 10 times more deadly than flu?
(In 1968 the flu epedemic killed c80000).

Again what is the basis for saying that CV19 is more easily spread than flu?

"January going to be miserable...." for everyone!

https://www.mining.com/iron-ore-prices-are-going-ballistic/

:-)

And the other 88! in the sample said?

Breathalyser that could detect coronavirus in 2 minutes undergoes successful trial

Covid researchers at Indonesia's Gajah Mada University say the device is a pain-free test and simply requires patients blow into a tube before a result is achieved within minutes

A breathalyser tool that could detect coronavirus in two minutes has undergone a successful trial.

Researchers at Indonesia's Gajah Mada University say the device is a pain-free test and simply requires patients blow into a tube.

The breath sample would then be tested for volatile organic compounds related to the coronavirus, with an average accuracy of 93%.

Indonesia's Health Ministry has approved the distribution of a coronavirus breathalyser, named GeNose.

Lead researcher Kuwat Triyana said: "With a batch of 100 devices we will soon distribute [to hospitals and labs], we hope we will be able to do 120 tests per device, or 12,000 tests per day.

"The 120 estimate is based on the three minutes required to test each subject, which includes [blowing into the device], so in one hour the device can test 20 people if it functions for six hours."

RB Thank you for your clarification.

If the UK had followed the original 2011 DoH strategy then I believe that with regard to infections and “deaths” we would have very much the same result as we have now – and this is based on analysis and comparison with the Swedish strategy. The upside would have been the catastrophic negative effects of the HIGNFY team at number 10’s dystopian strategy would not have occurred. Indeed, the possibility exists that the virus would have died out within a 12-week period and the event would have reflected what happened in 1968, with less attributable additional deaths as a result of improved NHS services in the intervening half century!

Given the accurate and complete facts then it is the individuals responsibility to take whatever measures they feel necessary to deal with the possibility of acquiring an infection – it is not the function of the State, particularly when the State lacks credibility in the matter.

Face-masks are a sop to making the public feel “they are doing their bit.” A similar situation as to the UK’s sacrifice of iron garden railings, pots and pans etc in WW2 to build more Spitfires etc. The collected scrap was never used, but the public was led to believe that they had contributed and they could feel good about their “sacrifice.” The efficacy of face-masks has been discounted but the wearing of them promotes the mis-conception that they are effective and necessary. In doing so the public are motivated to support the group think psychology that demands everyone should wear a mask, or be ostracised – despite evidence that the measure is nugatory. Possibly a parallel could be drawn with the irrational group think emotive hysteria following the Princess of Wales death.

So, what happens when Tier 5 is imposed? Speculatively, the wearing of plastic plant pots as headgear or/and hopping around on one leg might be compulsory. There is no documented scientific proof that anyone who has followed these measures has ever been infected by CV19 – so in line with current HMG decision making - they must be considered effective!

Everyone has an opinion, which should be respected, and they are responsible for their own decisions. DYOR and then make your decision on the matter. In the meantime, and possibly more importantly, will TRMR exceed £4 before the year end?

Repeating mis-information under different thread headings fools nobody. See comment timed at 15-03 hrs

Just to put this comment into perspective!

A total of 47,749 died from coronavirus in hospitals across England between April 2 and December 23, according to NHS England.

Of these, 45,770 had known underlying health conditions, while 1,979 were considered to be previously healthy.

Just 338 of these 'healthy' patients were aged 40 to 59, with another 44 aged between 20 and 39, and just six under the age of 19, according to the data.

The remaining 1,591 were aged 60 and above.

Of those who died with pre-existing conditions, 21 were aged 0 to 19 years old, 263 were between 20 and 39 and 2,926 were aged between 40 and 59.

17,325 were aged between 60 and 79 and 25,235 were aged 80 and above.

Bear in mind that the average life expectancy in the UK is 82 and these NHS figures indicate less than 2000 deaths can be correctly categorised as additional deaths due SOLELY to COVID 19!

So why the over-reaction by everyone - particularly when circa 80 thousand people died in the UK during the 1968 flu pandemic?

Mirasol.

It is the "civil" servants in the MoD who screw up procurement and they see people in uniform as an unnecessary burden preventing a true bureaucracy from mis-functioning – from one who has served in Whitehall’s puzzle palace!

The comments about the overweight incompetent NHS management are also correct in my experience!

Deal in facts - not emotions when making decisions – or attempting to make informed comments!

The other side of the equation for consideration are the additional deaths and ill health caused by the focusing of NHS services on CV19 and not on providing the normal health service we have paid for. The incompetence of senior NHS senior management and their continual cries of “wolf” - the NHS will be overwhelmed” in order to extort further funding, together with their failure to implement the 2011 Department of Health strategy et al is not sufficient justification for the dystopian strategy imposed on the UK population by the HIGNFY team at number 10!

The impact of the dystopian strategy on the UK economy has still to be fully accounted for. Families without employment, reductions of household income. Children going hungry in the UK as they did post-war! The ultimate effect on the UK economy will in the future be seen as unnecessary, the UK having managed to survive the 1968 flu pandemic that killed circa 80 thousand without these catastrophic measures. What will be the final cost of dealing with CV19 (PPE not fit for purpose, unused Nightingale hospitals, NHS track and trace, eat out to help out etc etc), and was the cost incurred through irrational panic justifiable?

RB - Is it acceptable to cast these considerations aside when applying critical analysis to the CV 19 issue and instead rely on a weak emotional counter-argument – “if it was one of your close relatives, who were one of those who had died”? Everyone dies eventually – but should we as a society behave in the manner forced upon us for only this one cause of death – a cause which it would appear to be statistically insignificant as a SOLE cause of death!

ONLY 388 people aged under 60 without underlying health conditions have died of coronavirus in hospitals across England, NHS data shows.

The figure is just 0.8 per cent of all Covid fatalities recorded in English hospitals between April 2 and December 23.

So why the over-reaction?

DYOR