Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Short term assets - £18m
Short term liabilities - £30m
How likely the scenario is, doesn't impact how fatal it's impact could be. Over reliance on a single entity is a massive red flag, I've seen plenty of companies fail before when one supplier cut ties! Even with the NHS, the financials are troubling. Bumblebee maybe you could ease some concerns about the below? Or do your abilities not cover understanding the very life blood of a company? I look forward to you now replying again:
3.6m net debt
Large monthly outgoings
Net current liabilities 12-15m
Trade receivables £16m Vs £26 trade payables; £10m shortfall
Negative net assets
Price drifting back as expected, can't hold a rise and the resident ramblers have no answer to legitimate questions on finances - not a single reply on anyone of the points raised!!
Serious risk of a raise in and even more worrying is NHS pull the plug and go with another supplier it's presumably curtains overnight :(
They will just slowly creep the price up to 13.5 and have the vote when they feel they can win. The only way they don't win is if we hold and especially if we buy more - remember this is free money from here even in worst case scenario. 13.5 offer price plus 0.15 dividend
Next week highly likely, but Monday no more likely than any other day. Last year was wednesday the 25th so you'd argue either the Monday or the 25th would be more likely
It does record all of them although some, especially larger trades can be printed days later but they will all be there eventually. The site does NOT know, however, wether a trade is a buy or sell - that information isn't available, so the site uses this mid-way point between buy and sell price to make a guess. The guess is often wrong and with this knowledge, MMs even use this fact to manipulate the appearance of more buys or more sells to suit their current interest
Whilst I tend to agree with that philosophy, Matty, there are instances here and there were things do change and the bare minimum (plus easiest) thing we can all do is vote no.
Unfortunately not selling at this price level is the other thing- just easily allowing them to build up yes votes in the meantime and I think it will allow them the time to accumulate whatever they need before allowing a vote
You were attacked because you said it was it was crazy for a company to have an mcap above its revenue (looks like even you've realised how stupid that was as your message has gone).
Find me a profit making company whos mcap isn't above its revenue
Karlo, do you even understand what you are talking about? Do you think market cap = profit?
Step 1: Muster support from holders totalling 5% of the company
Step 2. Notify company that you wish to have a Sanderson removed
Step 3. After 28 days, ask the directors to call a general meeting to discuss
Step 4. Vote on the resolution to remove Sanderson
Step 5: 50% plus and he's gone, sub 50% and you've failed but just MIGHT, with odds of a billion to one, shock him into not treating you with utter contempt going forward
Shep's, it's absolutely staggering - STAGGERING - that people still invest in ukog! What more does a company have to do to show so blatantly that they are investable and do not care about shareholders.
Anyone with 28,658,513,710th of a brain can see it a mile off yet people STILL think "if I average down it might be ok"!? How has that worked out for you the last 20 times guys? Fool me one, shame on you, fool me for 5 years, you must be a ukog investor.
Alans, you realise there are literally 100s of companies out there to "gamble" on, including some minnows that are far more likely to go 100x and without the history of 100% failure and deceit?
Yes, forward statement, dividend details, and any other surprise news attached is the interesting part - assuming all other figures are within 5% either direction, and I personally can't really see them going outside of that
It was the 25th last year but they didn't announce the date in advance. I would take just confirmation of key figures to date, and hopefully save any upgrade for year-end when everyone is watching
Haha "should have done it at higher price", do you think you just pick and choose what price you place at and it just goes through smoothly?! The company has been on a death spiral for years and years, they would never ever be able to get a placing through above share price because no one would ever sign up for it, because they could never sell a bean
What's utterly staggering is that holders haven't requisitioned a general meeting and a vote to get him out! Honestly incredible no one has thought to
Have I not seen ukog then, moanyman?
I completely agree, If you can get away with a lifestyle company as incredibly obvious as this, what is the point of a regulatory body?
Aka BS to distract from the most placed company of the last 100 years. "in discussions with" is literally the lowest form of blag a company can do
13% of the company
20% discount
Back to bed
This is what I mean, seems to suggest fine as long as they don't go over the 30% mandatory offer threshold.
My question is wether they have the same obligation to report at 3% and each percent above