Member Info for Gerry65

Volcano - cheers mate will take a look at em

G

Sorry for mis type, am on tiny phone in gym car park

G

Hi Volcano - ghiw are you, hope you had a great break did you venture abroad or enjoy the uk.

Think the interim figures will include Energy Dividion figures for Sept and Oct. Which will be useful.

Am off to the gym - will look in later.

G

Truth - if STOB can lose its stake in Stobart Air, then that will be a massive shot in the arm. Think you said a little while ago "sell it for a pound"

If the group can move forward with the airports and the Energy Division without Stobart Air then that should be a game changer.

In those circumstances Imo the group may not need to monetise the Energy Division. Which if it gets back to pre covid delivery can produce strong revenue streams.

Looks like we'll be "shooting the breeze" here for a long long time to come.

Are you tuning in Tomorrow ?

G

Got no idea where the so will go in the short term.

It's up to each individual to decide whether it's a buy hold or sell.

This RNS a poke in the eye to those nervous Nellie's who decided not to trust the June rns and stoked rumours of cash problems.

Predicting the future and how the world will control of manage the virus is above my pay grade. What is clear is that STOB has its access to funds and will be around for many months and years. The only way STOB is going to disappear is when it chooses a new trading name lol.

G

Volcano - I'd like to see the sale of the group's stake in Stobart Air, perhaps the BOD will be pressed on that during the presentation tomorrow.

Looking at the Energy Division see they reduced gate fees to ensure supply to customers during the winter period. It pretty much looks to me that it will return to normal tonnage delivery and monthly revenues by the turn of the year.

Turning to the Airport the June rns provides the cash burn the Southend based on nil passenger flights.

Within the Aviation Division it is a case of controlling costs to maintain cash burn withing budgeted expectations, until the sector can overcome the challenges of the virus.

In the meantime, the group needs to drive back up the Energy Sector revenues.

When the half year report comes out in November,I would hope that additional info on the Energy Division performance for Sept and Oct could be included. Have mentioned this a few times.

Yes the half year figures with both divisions effectively closed down won't read well, in truth I what else could we expect. I'm looking for info moving forward.

STOB has again confirmed it has access to funds - Have to hope planes are flying again by April 2921.

G

Hi Volcano - it is for the period March - Aug 2020 where both the airport was pretty much shut and the supply of wood to the Energy Division was limited by the virus lockdown.

I was pleased that STOB reaffirms the trading expectations of the June the.

It also confirmed they had £119 M of cash and undrawn banking facilities as at the half year end - 31/08/20. That even more than I calculated, and should dispell those with the view that STOB does not have access to funds to work it's way through the short to medium term effects of the virus. It absolutely does, and I'll continue to call out those that suggest this is not the case. It's confirm yet again in black and white.

I can't recall how many times I've reminded people to read the early June the it's breaks down everything moving forward and three months on this latest the confirms the position.

G

Moni / 2reincarnated - no prediction from me, apart from the likelihood that the sp will close at a different level tomorrow than it closed this afternoon.

Another very light day trading wise.

Guess you are signed up and ready for the live investor presentation via the Investor Meet Company (IMC) platform on 2nd October 2020 at 14:00.

G

The retail sector has been challenged by covid, in 2020, with many worrying trading reports published by many household names.

This update by TPT is a shot in the arm for the whole sector.

TPT have had a strong summer trading performance with Brits spending time improving their homes.

PI's holding here should have confidence moving forward, surely this is one of the better businesses to be invested in this sector.

G

lol Truth, went out for a bike ride yesterday, didn't check my phone for the weather forecast, it looked nice and sunny, then half way round it tipped down, I got drenched, my own fault. Been used to too many hot sunny days of late.

Mine's a Guinness !

Will sign off now - beers with mates tonight.

Enjoy your evening.

G

Truth - My position here has remained constant - it's a share i trade and top slice, collecting "free shares" on the way. I know you know this, as I've mentioned it to you many times in our previous posts, since you joined the fun here in Aug 2019. I don't recommend it as a buy, or a hold or a sell, that's for each PI to decide for themselves.

So like you - no real risk to me holding here. Yes shares I collected north of a £1, are less in value now, but i'm sure you'll appreciate you don't pick up many shares top slicing for 3 - 5% on a trade. I'm sure there are many PI's with much larger holdings than me. ( many if not most under water regrettably ).

However I've been able to collect many more " free shares" since the June placing, mainly due to the lower SP. I've found it much easier to collect shares at these lower levels, as clearly you get more shares on a decent turn if the day trade is a similar size in value terms to past trades.

This one is only a hobby - and I don't place value on my holding. ( whilst accepting of course that it does have value ).

It's one to play with whilst holding a main balanced portfoilio.

Hell mate where's the fun in bb's like ULVR / RB / DGE and the like lol.

I enjoy the debate, and hope you'll agree I don't make SP predictions, I don't suggest low ball buy in targets, I just make trades, on a blue days or where I can see a likely small upturn in the SP - pretty much from any level. I also remind some people who post here, the position as detailed by the BOD through rns. I'll also throw in any relevant media items.

Good to note you'll listen to the Presentation.

Don't get your comment regarding the "availability of debt finance" there was a RNS advising the new updated RCF's at £120M and the clearance of the past O/D,from the placing funds a condition of the raise in June. Hey ho.

G

Truth - you never fail to disappoint,.

We will have - yet again agree to disagree on the benefits of the warehousing development to STOB.

It's an extremely small part of the STOB portfolio, though please don't miss any opportunity to cast a negative spin on our merry little board.

I know for certain you'll never buy in my friend - how could you possibly, hold shares here and comment on this bb. Any positive comment you may then have to make would stick in your throat. lol

gla

G

Love the chat on Carlisle - think you are both finding some common ground, on that one. you make some good points Stockraiser, and though I've not been up to that neck of the woods, I do understand the added benefits that STOB gained from developing the "non Airport" surrounding acres.

It is important as a topic for those living locally, and I know for a some reason, it seems to get your goat a little Truth, and we've had chats about it on here before.

Hope you'll take this in the spirit its intended, but to me living in the South and with no knowledge of your region, I have to say to me it's not going to be key issue to STOB's future prospects, that said I'd suggest it is important to your region, and I wish it the very best, who with a positive outlook wouldn't.

gla

G

Truth - agree have a lot of time for the present board.

Just for balance the Energy Division should be moving back towards full delivery month on month. Again we'll have to wait till the interims for more info.

I'll stick with the rns info re the finances and cashflow. As at 31/ 08 / 2020 the group had pretty much all of its £120M banking facilities available to it.

With no div costs and limited planned capex for this year, together with the figures provided by the BOD for the monthly costs of running Southend on a worse case through to next spring, STOB are not under any financial pressure at.this present time.

Again unless updated to the downside bythe BOD during the Investor Presentation let's stick to the published cashflow projections. Unless you have info to hand to the contrary.

Clearly we all want to see planes flying at previous levels, sooner rather than later. 2020 has been pretty much a write off. Where we'll be at the beginning of March 2020, is relevant, the science and Govts have the autumn and winter to resolve matters.

G

Hi Truth - so just "Cumbrian Chat"

Is that anything printed in the press, or anything online where you can post a link ?

Or perhaps are you close to anyone working at STOB with any inside info ?

Or is it general chat with your friends - got to say STOB is not one of our topics of conversations when l'm out with my mates - clearly we've missing out on some riveting chit chat.

Or perhaps just your own personal view.

Hey don't get me wrong, I don't mind personal speculation from those on the sidelines, provided it's clear that it's speculation, these bb's are open to all.

I see it's kicking off on a number of bb's today - check out RYA / CINE / SHI.

Let's keep it fair and friendly here. all views are welcomed, those supported by facts even more so, links are very helpful my friend.

Not long to wait till the "Investor Presentation" - then we can pick through the info presented.

Again I'm not blind to the impact of Covid 19 on the Aviation Sector. It is a challenging time, whilst we wait for a vaccine and robust testing processes.

I still venture to suggest, that the Energy Division is fully back up and running and STOB has approaching £120M headroom within its banking facilities.

G

Investor Presentation.

Truth will you tune in - or will you stick with your " Cumbrian Chat"

Hey mate, lets see what the BOD says, then we can go back to speculation, for the months and years to come.

Have a great day, could be a little red across the board in the UK early doors today.

G

Truth - have you any links to any official info regarding your latest comment ? That would be helpful, 'm sure your not the kind of guy to spread unfounded rumour.

The only info from the BOD by rns is that they wish to monitise the Energy Division over a period of 18 - 24 months. That could be a sale or a partial buy in.

The Bod have also confirmed they will look to sell non core assets, in timely fashion.

We have also had the news that there are several parties looking at the purchase of Stobart Air, though matters are said to be in early stages.

We know STOB received an offer for a partial buy in to Southend early in the year, before Covid 19 impacted on the Aviation sector

I'll remind you and Moni once again STOB, raised funds in June, and cleared all bank debts, and at the same time arranged new increased banking facilities of £120M.

The BOD also detailed the monthly cash costs of maintaining Southend Airport on a worse case position of no passenger flights.

All this info is provided in a number of rns. Though if your Cumbrian chat has more to add send us the link.

Or you could check out the "Investor Presentation" announced this morning, and get an update from the BOD.

As i see it STOB have access to £120M of Borrowing headroom. The Energy Division is coming back up to pace, and you I and Moni will be "shooting the breeze" for some considerable time to come.

Where the sp goes, in the short term is up for debate, these are challenging times, for many businesses in many sectors.

G

Hi Moni - you didn't put in a prediction, for the cash position as at 31/08/2020.

I'll go first - prob cash neutral, bank account sitting at £1m ish either way, so just the £120M agreed RCF's for STOB to plough through over the coming months and years.

Be good to lose Stobart Air, and for info on the Energy Division, in November, we have already been given the cashflow projections on Southend based on worse case. I've mentioned those to you a number of times, guess that slipped your mind.

So as I say many more months and probably years for us to "shoot the breeze" here.

Have a great eve.

gla

G

Moni - just realised you may have been asking me to comment on STOB, and not on your "non buy in" lol.

Like many shares, there are the opposing pulls of :
Quarantines / restrictions / Covid fears V +VE Vaccine expectations or news / Stimulus Expectations.

As Truth says - no second guessing the future from me.

Next stop the interims at the end of Nov.

Moni & Truth, any predictions for STOB's cash position, as at the half year ( 30th August ), or it's total headroom borrowing position a that time.

Think we'll be "chewing the fat" here for many months or years to come.

G

Moni - so you are back to a 0 - 5p buy in price.

Truth - no new "buy in price" offered, that's a shame, at least Moni is still playing the game lol.

We live in interesting times, and these BB's are full of debate ( not all of it polite ). You've only got to take a look around the following sectors:

Banking - LLOY in particular - what a game it is over there, a real bun fight, lmost on a daily basis.
OIL - even BP. an RDSB where the bickering continues, which is nothing to TLW
Insurance - where we get the AV. v LGEN match up
House Builders, its fun over there on red days
Retailers - emm
CINE - now that a great BB is it not.

Then let's look at Aviation :
Over on RYA sage and the other holders have to deal with UD and RF68 and on EZJ they have A Smithy's views to deal with a on daily basis. ( Moni - you'll remember A Smithy from your time on FLYB ).

Hey Moni and Truth, all in all I consider myself really fortunate, that "we three" are here to chit chat on little old STOB, things could be far worse, looking at other BBs.

Keep posting

G