We would love to hear your thoughts about our site and services, please take our survey here.
Congratulations to Centrica for daring to do this, well done! This is critical for the UK. No one will care how important this milestone is and no one will pat Centrica's back. But if its Centrica making slightest of profit, everyone jumps on to beat them up!
Solid update and there is a consolidation in this sector so expect bids to come if NEX stays at this measly sp!
All this scaremongering here, people have learnt nothing from the Pandemic. A lot of speculation during Pandemic that most businesses will not survive, but here we are - 2 years down the line. World is still intact. Same IMO will happen with inflation, it will eventually settle back to normal.
ASOS will be ok and for me this is the opportunity in invest in businesses like ASOS. Earlier this week Halfords also came out with a good update, things are going to be ok so stop this scaremongering and trust your judgement!!
Wholesale gas price is 500p per therm, imagine if Deltic and Shell pulls of Pensacola drill and we get a decent find! All hell will break loose. Pensacola is a company making drill and its due to start in couple of weeks time. About time we re-rate this bad boy!
Really disappointing. They have some good assets but absolutely rubbish BOD. Considering reporting them to FRC for this farce!
Market cap of c.£115m with H1 22 Profit before tax of £13m - if we assume another £10m in H2 then PBT for the year £23m is likely c.20-22% of the mcap! Add £95m net cash (no debt) and a decent order book to it and I think it's a great position!
Salem - you need to be much better if you are to survive as an investor. Business continuing is one thing and shareholders getting anything out of it is whole another. Cineworld will be probably sold as prepacked admin and shareholders will not get anything, they are always LAST in the credit queue. If you hold any of these shares, chances you will receive anything is next to zero (unless you sell now while shares are still trading).
There are still some idiots spouting crap that this will go 20p blah blah blah. What amazes me is people believe continue to believe them in spite of using their brains. I cannot imagine Cineworld servicing their $7 billion debt. It is just not practical yet people will buy this dead dog!
Too many newbie and ill-informed "investors" driven by greed. This had to happen. This was not helped by rampers and people with personal motives to make money at others pain. Writing was on the wall since past 2 years, $7b debt is not peanuts. It's basically buying 1 x Asda or 1 x Morrisons.
I dont quite feel bad for people who lost, how can you be so naïve? It's one thing to be caught by surprise (e.g. Studio Retail Group) but whole another waiting for a ship to sink knowing it has irreparable holes!!
Penta - Cineworld never admitted they are in a difficult position. They always painted a positive picture (probably their culture) so I guess at this hour they will still have the pole up their backside and will not admit defeat. Jut poor corporate governance. I suggest people suffering here should complaint to FRC.