Member Info for GeneralLevy

Just wish we didn’t have cash or debt held with financial institutions like all the other companies on the planet :(

I agree, MF is to blame for having too much cash and too little cash concurrently, he simply has to go. Everyone knows too little cash and too much cash is the only way to prudently run a business.

Tailwind should have taken out the debt from a household goods manufacturer, what the hell were they thinking getting a financial product from a bank?! Boils my blood ngl. Personally my bank account is with the local chippy. MF has to go.

What happens if the bank hold on our £450m goes bust, take it that’s MF’s fault too?

Surprised nobody on this bb has blamed MF for it

fwiw I think this is well into hysterical territory now, coupled with the market trying to value serica post tailwind with the new 111m shares as completion nears

Undervalued, bwtfdik, dyor, glaglth

Anyone got any educated guesses as to the 2022 results dividend?

mentions Kistos' share price any more for some reason

Wonder why?

Huge decom liabs vs negligible decom liabs
Net debt (hbr might be net cash now no idea) vs net cash

Seems to be doing a Serica pre-Mercuria mcap implosion… hmmm

I'd welcome a renewables asset purchase in the future, would attract a pe closer to 20 in relation to that kind of asset as opposed to the derisory pe you get on o&g assets these days

Speaking personally, I've a solar installation on my house, the panels cost £9,500 and modelling indicates 4,400kw per year on average over the 25 years = 8.6p/kwh, current price cap is = 34p/kw, current domestic gas price is 10.3p/kw

Renewables will replace gas / oil over the long term, but for the reasons stated before, gas and oil still do have a future and the transition takes time hence why I see lots of value here still

I don’t agree, renewables are cheaper than fossil fuels for power generation that’s just a fact and the gap is widening

But will take a couple of decades to phase out fossils fuels and people forget, natural gas and oil are vital for other industrial uses other than power generation or fuel - and production globally will fall off a cliff, that’s why I’m here there’s plenty of money to be made

People on here forget just how knee jerk politics and policy is, as soon as gas prices and profits are out of the headlines the media and swivel eyed man on the street will focus on some other dog whistle sensationalist topic of the year, transgender immigrants or whatever the daily mail decides, gas prices won’t be in the headlines at all in 2024 imo

Doesn’t stop offers being made which boost the share price

Oil and gas will disappear from the agenda once the gas prices start to come down

Cash was £450m at year end but yes, ridiculous mcap whatever way you look at it

Is it down because of
1. Fears deal is going ahead
2. Fears deal is not going ahead
3. Gas futures down circa 10% today
4. Uncertainty of 1 and 2
5. General market malaise
6. Bit of all of 1 to 5

That's the thing, at the point in time the offers for sqz were indeed derisory

Doesn't your exercise basically highlight how undervalued Serica is rather than tailwind being overvalued, not much we can do about that

I'm a bit confused as to why the people posting on this bb haven't sold