Member Info for HBLU

Share price is dwindling into nothingness

Breaking news just now. Turkey blaming Kurdish militants for a suicide bomb in Ankara

JAdams - Baron is buying. Don't you always follow him per your previous posts?

29% down on their purchase last week. They will not be pleased!

Exepected to rise in H2. Negative free cash flow for this year. Managemnt were expecting to then use further cash to buy back shares and to issue those shares to themselves. Talking about whoppers but its the shareholders who are getting whooped. Commiserations to all existing shareholders

Continue to disappoint but will end up spending company cash, your cash, to buy back shares to enrich themselves!

Terry has deleted his account but is back as JAdams5000 on here. He also goes by a popular twitter handle on twitter

Just bought here to lock in a 10.6% dividend minimum. Will be adding a lot more if this goes lower.

"The continuing strong performance of the company into 2023 underpins the intention to maintain or increase the dividend in future years."

Was always a reason why Jim left Terry. Been calling this a high risk for a while but people like RonnieH were shouting ridiculous targets of share price surging etc and ramping others in

Just remember, management will be using that cashflow to enrich themselves before any other shareholders

I agree Terry. Where are all those that were ramping this? Ronnie et al

Nige - i agree with you mostly. My point is, management are using company cash to grant themselves reward when losses have increased and other shareholders have suffered. If share prices have performed well so that wealth has been created for shareholder and the company is profitable, then no issue with management handing themselves reward (as long it isn't greedy!).

What about losses in 2018 v 2022?

A lot of companies do it, but when there is performance to be rewarded. What have management done here to be rewarded?

How do we all feel about management using cash flow in the business to buy back stock only to re-issue the stock to themselves? During a time when long term shareholders are under water here and management have failed to deliver.

Yeah, he has got a mixed record. Not sure why Frasers buying is being used to ramp this

Management here taking shareholder cash to buyback shares to then enrich themselves to vest stock options. Shocking!

Has Mike Ashley / Frasers bought shares in any company which has then subsequently re-rated upwards?

Hope no one listened to them

I see the rampers have disappeared now.