Member Info for diamondguru

Can anyone tell me what is cash , and net debt is and total debt?

Why whats the benefit of doing that? last time they reported they said they had 200m in cash surely it would be easier just to buy with cash resources?

What do you mean by cash and share deal?

When is our results out?

Terrible budget, and EPL to remain until 2030...

No you are not mad.

Big week coming potentially . UK BUDGET IS COMING.

Will windfall taxes be reduced ?

Is it the rumours that the windfall tax could be removed ? or something else? I read an article that they were considering scrapping it earlier in 2029 rather than 2030, so this isnt exactly a 'total scrap'

There's no certainty that Reeves would scrap EPL.

Serica are in full M&A at the moment will they come and buy kistos?

Hope so, the lack of news is extremely frustrating. We are 5 years since the IPO and are only up 32% since the first day of trading, which is around 6.4% per year, at this rate I would have been better off investing in the S&P 500 tracker and just forgetting it.

AA needs to set out the vision for the future, is it further M&A, dividends, buy backs, re-financing the bonds at a lower rate.

Cash will soon start piling up on the balance sheet

Serica are very active in M&A at the moment, can they do us a favour and put us out of our misery and buy us? Ill take £3.60 a share

Why couldn’t AA of made this deal for kistos ? Seems like a very good deal for serica

Good news yes, but I wouldn't get to carried away...Take alook at PT International Development Corprtn Ltd, since Mr became MD, in 2017 the shareprice has collapsed 97%, so not good for the shareholders of that company!

I find it strange they dont RNS the large find anymore?

The balance sheet looks awful I think its best to stay away they probably look bust or will need cash soon

Very little direction or what the capital reduction will be used for.

Comms is pretty poor! Common AA we expect better.

I suspect M1Rob is bitter as hes missed out on a 100% rise from 90p to 180p.

Is anyone planning on attending the AGM Online? Trying to find the password in the proxy form but cant find it? Im with Interactive investor if anyone can help to where to locate it?

From my understanding there was no any monetary gain by this, the company introduced a holding company (Kistos Holdings plc ) whereas before it was just Kistos PLC.

Areyouminted, thank you for the message.

Yes that's what they did with RockRose, my only concern with giving the £122m is that will then put them further in a debt position?, wouldn't it be a bad idea to do this as they would have to pay interest on that debt?

Noquestionmarks,

I will of course ask those questions I still need to check my calendar to see if I am still able to attend virtually as I am away from work at the moment.

I agree a 20% tender offer would be likely as that is what happened at rockrose.

I am fully behind the company and will vote in favour of the resolutions , I am confident that Andrew Austin will be delivering substantial shareholder returns in the near term.

Let’s not forget rockrose delivered 42x return and we are only where we are now because of the tax regime changing within the UK , no thanks to UK politics.

I hold a substantial amount of shares and this could be a game changing for me, if the share price doubles

Or more.

I fully expect the fpso to be online shortly.

My theory is that they haven’t identified any possible m&a, either because they don’t exist or they have been outbid.

I would prefer a tender offer instead of dividends as I believe a company which is forecast to do £100m in free cash flow for the next 3 years , is currently undervalued at circa £130m market cap.

Anyone have any questions for the AGM? , I’m thinking of asking the following :-

1) How’s the Increasing the Gas storage at the hole house going?

2) is there any update on the £50m Dutch tax?

3) will the company be refinancing the bonds at a lower rate?

4) is there plans to do a tender offer and or dividends in the near term as the company appears to be undervalued.