Member Info for Glowacki

Oh dear..Poor old Carol Kane..Bought a load of shares at 20p..then bought a million shares at approx 15p and yet again losing money.. Previous to that she got herself married and promptly installed hubby as an advisor at Boohoo at £715,000 per annum..After 18 months he divorced from her and his divorce settlement was so large that the old girl had to sell millions of shares (at a loss) to help pay his settlement..

The fire went out..Time to move on!

When the accounts are published,by 31/10 the shares can be traded..You will get around 28p as the market makers will take a cut...If you want 30p a share than you need to wait 9 months for the takeover to complete.

With debt and urgent working capital requirements of 1.6B USD..Wood Group is effectively insolvent without the immediate emergency 250m from Sidera..Once Sidera provides the full 450m USD plus the 270m raised from disposals,it will still leave the company with 900m of debt..The company is really worth zero,so 30p is quite generous in hindsight..No rivel bids can be made once the 250m emergency cash is given to Wood from Sidera.

Monkey jack...total company indebtedness is 1.6B USD..(debt plus the working capital requirements to continue) The sales plus Sidera injection gives wood just over half a billion USD to carry on...Even when the full 450m USD is provided by Sidera , Wood Group will still have approx 700m usd debts..Wood Group is Essen insolvent..We are luck to get 30p

No rival bidders possible because Sidera will provide 250m USD by way of a capital injection immediately,so that Wood Group will have emergency working capital to continue on projects..Once this takes place it is all over.

Still have to wait 2 months before any possible relisting of the shares..Once relisted,the market makers will realise many shareholders are desperate to get out and will probably offer you 28p for your shares.. Otherwise you have to wait 9 months for receipt of the 30p..We must all pray for a rival bid..

Makes little difference to us shareholders,as we cannot trade the shares until accounts are published and relisting occurs..Even then the MMs will only have a sell price of 28p...If we wait to get the full 30p it will be months before the legal takeover is completed..Only hop is a rival bid once Sidera makes a formal bid

Reason..is that a joke!!! PLT will go for less than £40..It's loss making...They will probably be forced to keep It... Financially,the company is secure,but any proper revival is a couple of years away..

This company is in more dire straits than l first thought.Debt is massive with high interest coupon to pay and trading subdued.. Can't see this going anywhere but slowly down for the SP

The figures that matter were a reduction in the pre tax loss from last year to £41m..All the other items such as warehouse closure (£199m)etc etc are balance sheet adjustments made thru the P/L account.. Overall the figures were much better than expected..

Decent set of figures..The closing of the American warehouse means booking a £199 loss..These adjustments are essentially balance sheet items..On the profit and loss side The loss was smaller than last year at £41m..

Surprisingly decent year end results out 2.30pm Monday.. Debenhams is the big star in the figures but all other brands trading profitably..

Deutsch Bank issues a big earnings downgrade for Wickes..The company is doing okay but the extra costs by government means the costs will eat into profits

Up 82% of first day..Started trading at 4p

Fingers crossed now that a firm price is known from Sidera,that another bidder might step forward with improved bid..

This is not a rights issue..The huge amount of extra shares is negated by the cash banked and inserted into the balance sheet...Over 60% of the shares are tightly held so the trading shares ,even after cash raise is not particularly large in number..Once the success of cash raised is announced Tuesday l think the shares will rise a little and when fully sanctioned at meeting September 15th the rise will be greater still..But this is not a medium or long term hold

Took all my cash allocation 100%..l guess even if oversubscribed They need the cash and will add in more shares to the original allocation...I was hoping they would take my cash a little nearer to the 15/09...

A lot heavy selling since 11am as per shares trades section...Yet the MMs have sharply ticked up theprice

11.3% interest rate, equates to roughly £18.5 million per year.. Unaffordable and ruinous.