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Psk -
LSE - https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx
https://shorteurope.com/history_company.php?selskapsnavn=Rolls-royce%20Holdings%20Plc&land=united_kingdom
Also looks like naya .40% position is now closed. Was open yesterday.
Clearly no taste ?? - as long as they are buying I don’t really care where they come from. We need sales & service agreements. Now the Trent 1000 is purring we can increase our 30% market share of a350 in-line with rr strategy.
Link
https://aviationsourcenews.com/analysis/air-india-order-rumor-mill-expected-to-end-on-friday/
Continued…
The New Business Scheme is conditional upon Amigo resuming lending within nine months of its effective date and requires Amigo to undertake a successful capital raise within 12 months, pursuant to which current shareholders’ holdings will be reduced to 5% of their current holdings. Should either of those conditions fail, or if any of the first three payments noted above are not made, Amigo will switch to the fallback solution.
Under the Wind Down Scheme, Amigo will collect its book as the business is wound down, with an anticipated £95m to be available for redress creditors.
Just read this; which would indicate the RI would be further down the line as I would understand they would have to start lending again before the raise - who’s going to raise on a business with no trade?
Link - https://www.pinsentmasons.com/out-law/legal-updates/high-court-grants-leave-amigo-schemes-of-arrangement
Under the New Business Scheme, the following payments will be made:
a first payment of £60 million into the scheme fund, no later than five business days after the New Business Scheme becomes effective;
a second payment of £37m into the scheme fund no later than nine months after the New Business Scheme becomes effective;
£15m from a recapitalisation of Amigo or such other higher amount as the directors are able to obtain from investors at the time of the rights issue; and
a ‘turnover amount’, to be calculated by reference to the amount of loan recoveries on Amigo’s existing loan book in excess of the sum of the first and second payments into the scheme fund (£97m), after making an allowance for a ‘liquidity reserve’ to pay Amigo’s operating costs – currently £8.4m.
I do love uneducated predictions - I would like to know how you got to 48p? Does include the impending 1.7bn euro due to drop any moment, possibly includes the reduced expenditure and streamlining of core administration? Or better yet a new business of net zero with just under 500m of external funding??? Please do enlighten us? But please, if use the war as an excuse, IF this becomes a world war then it wouldn’t matter what the share price is going to be as we will all be holding together no matter what financial instrument you have chosen.
Wow - rant over and back to work- GLA :)