Member Info for Foxhill

No I didn’t.

I think Phoenix - perhaps it should have been Phoenix8 - was JakeTheDog.

Riverfort/Ya aren’t coy about selling even at these levels.

To generate appetite for this monthly dump of shares, PF needed news flow. And er, no. Diddly.

PF describe such a contribution as ‘material’

Show the info that suggests that Tema is worth double Lungi.

From my reading of your post then - the management weren’t delivering - tick.

Now all we need is a takeover - new broom and whoosh. Not much chance of that I suspect.

One of the problems I suspect is that a lot of the countries in our target market function, may thrive on the absence of security/scanning. See naughty Nick.

So whilst some in power seek such solutions - it queers the pitch for, shall we say the more ‘entrepreneurial’ who are often as a result wealthy and influential.

But hey. Hope lightning strikes twice for you.

Hope she shows sign of improvement soon. Bit by bit at least. Anti-b’s that knock you out sound potent. Is she sedated in addition. I think it reduces respiratory ‘demand’ for want of a better expression. Anyway. Fingers crossed. I’ll be pleased to hear any positives. ‘Not like me ;-)

Thanks for the numbers. But, if you don’t mind me asking - how is your friend?

I recall being pulled up by Hereandnow for exaggerating Lungi income. I bow to his superior knowledge.

He says that Lungi revs last year were £4m.

I would hope that WSG would hope to see that improve in 2020 - certainly pre Covid. But let’s stick with £4m

Then you look at their own projection again and you get £6.7m+? Less £4 minimum for Lungi - which gives c2.7m+? for Tema, guarding etc

The + being an unknown “higher” factor.

I think that makes sense.

If Phoebe was right they’d be in with a projection of £10.7 for just Tema/Lungi. Only another 9.3m to find then.

The company projects income in 2020 in part as under;

“we commence the year with our expected annual recurring revenues from our managed services projects, our Ghana project and our existing guarding and maintenance contracts, already at a level greater than our entire 2018 revenues.'.... which amounted to around £6.7M.”

I’m not sure if that comment came before or after Lungi closed.

Phoenix in contrast thinks that Tema alone is worth 6.7m plus tariff increases on its own. Hmm.

If you take the companies projection then strip out guarding - subtract what Lungi generated last year and divide by a million crates, for example. Don’t you get quite close to $/crate at Tema?

But of course they don’t say how much higher...

They don’t suggest threefold.

First, you ignore the question I asked you. Again. Evasion. A baseless slur and you cant give a single example because you can’t find one.

Second, I never said £2.50. Your original accusation or £2.41 - your ammended accusation. I can’t be pulled up for forgetting something I didn’t say. I said in a generalised conversation $3.00. It’s a good a guess as anybody else’s. Until we know what the fee is. H&N knows but he ain’t saying. Merely that it’s great.

Third. I don’t think I have predicted 2020 year end to be less than last year. I did debate with Alice who gets to an easy £20m. If I did. Copy it and remind me. You know how forgetful I am. I don’t much care either. I don’t wanna be here long enough to find out. But hey if you want a side bet on £20m count me in.

Last thoughts as I make a hot choc and read over two of your that I missed earlier.

1 I don’t see myself as any kind of white knight. That’s why I stressed IF and used occasional.

2 I agree that we are largely populated by long suffering LTH’s who deserve reward. I’d also like you to note that I generally argue/debate with only a small but repetitive bunch.

Don’t expect me about early though. Phoebe is keeping me up.

Happy to have a civil chat tomorrow. Do some maths - find some middle ground. And to have a reasoned look at the general position we’re in.

Give me just one example of a Jackonory story. Just one.

Try really hard to answer a question.

Pitch up on the weekend with your latest ID whilst ADMIN aren’t looking and get immediately argumentative - yet endlessly reticent to answer a question from me or anyone else. When did you buy back in. Missed you - not much though.

And bluntly, IF the occasional potential investor has taken a view based on my comments of late, then I have saved them a fall from 12p to 5p. They can jump in tomorrow.

Do you understand is the reason why I don’t want to stop?

Happy to stop if I say anything unreasonable - fail to see why I should otherwise - given that It’ll make absolutely no difference whatsoever.

This business has been hit by;
Covid 19
YA/Riverfort selling at will seemingly
And the absence of any anticipated contract closures - 9 months on from that Podcast.

And sleep.