Member Info for FredZGomez

What do the intercompany revenues consist of ? IMO they must be selling bus services and bus time to each other when necessary, including scheduled coach services to the parent company ? It makes sense - there is fluctuations in demand and you don't want to be short of a bus or two. there is also one time demand like music festivals

Its interesting that TCTG thinks they can make it work (basically the same model) while National Express failed . Is there something wrong with how MCG / NEX is run? The shareholders will certainly think so :lol: I am sure Garat thought he was a genius and worth every penny of his £500k/ salary. Plus that Harvard MBA CEO lady , cant remember her name

Could be fallout from the collapse of First Brands and Tricolour in the USA .. Their bonds have tanked and were marked AAA just a week ago .. Anything that looks overly complex/ difficult to understand should get marked down and rightfully so

Firepower

so what did FirstGroup do that was different ? tell us, educate us.......

Paddy

NEX took over the RE1 and RE11 Rhein-Ruhr-Express under similar circumstances and proved themselves able to hit the ground running , hence the 10yr £1 billion Euro contract

yeah it does seem like the tide has turned but its an increasingly hostile place to run an oil and gas E &P company
This is like investing in many countries with an arbitrarily regulatory regimes. It kills investment. Sad to see the UK become on of those countries .

But we shall see . Its a country that likes dosh and hosts no end of Russian oligarchs

· Zero water cut

let that sink in

Possibly from the regulatory perspective. Banning / restricting oil and gas exploration and production is an increasingly stupid idea
what do we have
- the failure of COP26 and the ideological zealotry seems to have abated
- sky high and increasing fuel and gas prices

its up to Government to ease the way

Sepura's contracts have some commercial value. If it goes bust, the administrators it will them to to a venture capital firm maybe wholly German owned. A solution will be cobbled together.

on an academic note: .... However if the UK does move to 4G emergency response network, it definitely needs to be encrypted, because the data transfer will be huge. It will no longer be about voice communications with some minor data transfer

So you think some enemy agent is going to shutdown the Airwave network when there is a crisis? :lol:. Airwave is currently owned by Motorola. Its ownership has passed through various hands, the UK government never particularly cared who owned it. See this guys lament about it never being taken seriously. And its scheduled to be shutdown in year or two. it might not but that's another issue altogether http://www.tetra-applications.com/30060/weblog/the-end-of-airwave-and-the-truth-about-tetra-and-lte-for-uk-emergency-services-act-2 what constitutes a "national security" issue is often based on cultural factors. The UK and European saw fit to encrypt the communications of emergency responders . The US appears to have taken a more relaxed attitude

public security is a manufactured issue to be polite. You can live stream the NYPD and the FDNY. In fact that's keeping the public agencies accountable and open. Why is it necessary to encrypt tram drivers communicating with their bases and heavy breathing cops chasing suspected perps?

don't see how it is important to UK national interests, since the Airwave network is due to be phased out . This is really just a legacy issue . The Germans are still placing big orders for Tetra radios so the public interest is bigger issue with them. It looks like countries in Europe are going to keep their networks for longer If Sepura folds, then Motorola will benefit, both in the UK and Germany

well if the process takes up 32 weeks and Sepura technology is due to be phased out in 2018, that is the perfect bureaucratic solution -;) The Germans will be hanging on to their handsets I expect. What's left of Sepura will probably move to Germany - i.e the parts that haven't been transferred to China

"In doing so, the UK government could put in undertakings for the companies to adhere to between the deal taking place and the end of 2018 when the incumbent Sepura technology is phased out of use." the UK govt has acted in a manner that displays ignorance of TETRA and questions should be asked about the competence of the civil servants. Most of TETRA traffic will be cops taking about traffic accidents. However surely this condition makes the deal much less attractive Hytera must be scratching their heads and thinking they have overpaid. Putting job conditionality's makes it worse

is not loved I think the debt holders would want this takeover to complete, even if it takes months. I cant see how forcing Sepu into administration and a fire sale of assets would be advantageous to them. This takeover is possibly being reviewed on security implications. But if Huwawei can be cleared as a threat to national security, why not radio sets. Or maybe Hytera need to make some commitments as to Sepura's future The delay is costing and the lawyers are winning but it still will work for Hytera's goals

I share the surprise I would risk it if I was playing with someone else's hard earned money, not mine ;-)

argh " ..........turnover is below the threshold "

how come there isn't a greater bump in the share price. I thought this part of the RNS was funny "Sepura: Legal advice: £1,700,000 - £2,050,000 (previously £1,100,000 - £1,250,000)   Sepura: Other professional services: £215,000 (previously £115,000)   Hytera: Legal advice: £1,580,000 - £1,700,000  (previously £900,000)" So an extra £500k +£500k legal advice led them to discover their turnover threshold is below the turnover threshold . They have also acquired a public relations adviser :lol: I think they have been or nobody cares now

In defending your friend you are making the losing argument of posting entire definitions the "afternoon spent in pre-prandial drinking" conveyed confusing imagery. It suggested something between 2-4 pm. Not exactly post-prandial but a better fit than pre-prandial. Perhaps the word should not have been used at all. Writers do think about these things. Hope that helps. I think E1 needs friends ;) " I think you are making the rather schoolboyish error of confusing the construction of AM and PM with pre and post! " I think you are thinking too much

Oh gosh haven't you been busy Posting in a thread / board doesn't necessarily mean you are "invested" in it. Like I say. give up the literary flourishes - it doesn't work. Anyway that's all from for me for tonight.