Member Info for Feeks

AIMing High. Ah it was you. Your predisposition to life is far more appealing. I think that generally we have a bunch of realistic and not unreasonably optimistic shareholders here. Let's face it the only bombastic uber Bull was the clown himself, DHC, now thankfully gracing other boards with his self annointed wisdom (probably does a lot of good work for charity too - doesn't like to talk about it). Best wishes to you.

Dear Foxy - good luck on your recovery, whatever it was, I must have missed it. As for everything else you post about, my fair reading is that it is overly pessimistic and negative. With the greatest respect I would never want to have to self isolate with someone predisposed that way. Indeed, one can take a perpetually negative view about just about everytning in life. The point which someone had made here earlier is that Tema signing might make no difference - the reason for that remark is because the money is rolling in anyway (and it is increasing), not that the contract itself won't make a difference. Perhaps the doomsayers like you realise that the April results will put a silence to all this moaning so its a case of do it now whilst you can.

I see no red

Dynamo2 this was just about the only stock up yesterday when the whole market was down. I really don't rate that brand of analysis.

History shows whatever DHC "sees" is most unlikely to happen. Not even that long period of silence he promised us.

"Kit isn't going to make up for any loss in Lungi revenues if international flights have stopped and it won't be long before the numbers start to markedly fall and the staff will still require paying". --------------------
Dead wrong DHC. We have been told that the loss of revenue is already covered. We are now 2.5 months into the year and you write off the prospect of worldwide tech sales as it suits your agenda here, whilst at the same time all is rosy in the INTU garden where this whole mess will be gone in 3 months.

Yes that is what will happen. Whether NTU can survive the unwinding process is anyone's guess. The market suggests it will go pop. If the whole thing was simply about NAV then the value would not be £50m, but it isn't. That isn't a disconnect, it is reality.

For anyone interesred in objective facts:-
Monday's arriving and departing passenger numbers are 7% up on the same number recorded at the start of this month.

Sain@vision - I have read your many posts on INTU which are entirely sensible. You are quite correct to point out that other retailers will be adopting the same position as Debenhams. I know this because I kmow it to be exactly what other retailers lime Debenhams have been enquiring about in recent days. Tenants have a temporary bargaining power advantage against landlords in this extraordinary moment of crisis. L/T relationships will always yield to the balance of bargaining power. This is being ramped to the high Heaven on overly simple analysis but the balance sheet is not enough to weather a storm of broken banking covenants. I would urge anybody thinking to invest in this as a safe recovery play to be extremely careful and to avoid this basket case. There will be buyers for pennies when the fire sale starts

Agree Butch44. It's just manipulative nonsense and it is vile. But people can be their true selves anonymously. It's not the vascialltion with DHC. It's quite ok to change one's mind (I do). I'd have respect for him if he just said "Decided to sell up here, too much risk now and don't like the prospects any more. But good luck" (and then gone). What we get is so very different. There can be only one of two real reason for someone constantly switching from uber bull to uber bear position posting: personality disorder or trading position. IMO he is very obvioualy a trader who says what suits him (or her) no matter who gets hurt

Jimzi - entirely fair observations however there is wax and wane over the balance of covid-19 tech sales and Lunghi traffic : one goes up the other goes down, so to speak. This glosses over the gory detail, yes, but I think the practical calculations show that there is a broad equivalence between these balance sheet items.

The other trite point is this:
"previously high margin recurring income stream that was the bedrock of the company’s cashflow "
Of course you are referring to Lunghi, but in fact the bed-rock is now the "funky port" called Tema*. It is likely to be lower margin but the volumes are substantially greater, and rising, which is what the SP is likely to do here. *Tone Loc: https://www.youtube.com/watch?v=63ZIf2H9S0E

"Fed up repeating it here but my posts are time relevant and change with the company circumstances and global circumstances. " --------------------------------------- AND YET according to what you have actually said it is fair to criticise the BoD for their RNS output in the face of the SAME changing set of circumstances. It is highly inconsistent and unfair. Your "time relevant" posts have more to do with the direction you wish to plug, and not a keen and impartial assessment of the facts.

"The Coronavirus is causing major economic shocks globally and will impact on all companies. "
---------------------- Agreed! Does anyone seriously disagree? Not even Trump (now)

"None more so than a company trying to expand it's business in the main markets affected by Covid 19 or indeed and oil price shock as is presently the case." ----------------------------- Total nonsense. There are businesses much worse affected. Shipping / cargo is vital infrastructure, and Tema will expand cargo numbers throughout this whole period. Leisure travel is not critical. Oil price shock is one of the principal reasons why Saudi 2030 was conceived. Quote: "Saudi Vision 2030 (Arabic: ???? ???????? 2030?) is a plan to reduce Saudi Arabia's dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation and tourism." The current events reinforce the reasons why they have planned this long term vision. They don't abandon the plan due to oil dependency. Muddled thinking there DHC!
Conclusion: Your foresight is either less than average, or the facts just don't fit your short term trading strategy. I am happy to credit you with the latter because I have seen it displayed on several different share bulletin boards now.

Of course I can see it like everyone else. I don't know what your point is? I must be one of a very small minority of people actually expecting something lile this in January but that is not the point. WSG is not badly placed right now, given what is going on worldwide. You make it sound far worse than it is. Then you ramp incesssantly on shares like INTU (how is the retail investment market doing by the way?) where you berate the trolls without any hint of irony. I actually think you underestimate the effect breaking banking covenants will have on NAV and that's why the SP keeps dropping. Before that it was Easyjet. It all seems myopic to me rather than the sensible visionary stuff you say it is. It is gutter trading and no more. I get that you do not like WSG (now). What I don't like is your constant barrage of criticism when frankly you could say the same thing about just about every stock on the market right now.

If the airport remains closed for 6 months out of the next 9 months then, but trades normally for the rest of the time, then total coronavirus tech contracts will need to cover £720,000 of lost profits. ( to make up the other half of the £1.44m profit/per year). USD1M sales (to date)/1.16 exchange rate = £862K
@ 20% margin = £172K.
So we need to make another £548,000 in tech sales profit over the next 9 months (= £60,000/month). In 2 days before the Rns release we made £56,000 profit ( @ 20% margin). We just need 16 days of sales at the same rate. Or we need $280,000 of revenue a month. Does not sound overly challenging, contrary to what some people are saying.

My main worry is that we seem to attract the likes of posters such as DHC who blow in every direction like the wind.

For balance:-
Intu, down 15%, and plummeting to zero.

Can't really do that because DHC would complain that we have already had 3 RNS. He thinks there is a limit with these things. But on this occasion why do we need an RNS to tell us about some HR issue...?

Slipperz - according to that data yesterday (Sunday) was almost a record number, the second highest daily of the month. How can I get the comparatice data for this time last year?

Morning alias. I'd welcome seeing your maths again if you can do that please? I assume these trolls are not sitting on cash only but have investments elsewhere, becausr if so they will get hammered investing in rebound stocks this week given what OECD is saying -that 1.5% global growth now looks optimiatic. I bet a few countries will regret not shutting down quicker to.save a few £££ and $$$. World leaders and business leaders everywhere are mind numbingly stupid

Yes and cargo freight currently running at record levels too. The numbers do get in the way of a good story.