Member Info for hellyeah

if any one thinking this is a serious american case, there are 1600 others and sometimes much bigger!!

FT article ref:
https://www.ft.com/content/6cb506f0-5b0f-11e9-939a-341f5ada9d40

Dont share half the picture. Most of 28 count of charges were from Reckitt's time!! Read the Telegraph article

https://www.telegraph.co.uk/business/2019/04/10/indivior-shares-collapse-us-fraud-charges/

Latino - Reckitt shares are down so they know this is coming...in fact they have made provisions for this issue.

Agreed, SP rerate is due!

Ok, I am in. It also appears Reckitt should bear most (or all) of the brunt if the worst is to happen.

Can I confirm that at FY18 end net cash position was c.$691m after all debt? Or am I missing something?

wow crazy buying and/or shorts closing, we might even reach moon today!! :D

zccax77 - Oh and did I mention I bought Boohoo at 23p and sold at 26p. SP now 200p. If there was ever an award of "sold before any potential is realised"...it must go to me! :)

I will tell you a story... Many years ago I bought Ocado for 60p and foolishly sold at 90p next year thinking it will never survive high street supermarkets... How wrong was I... Sp now 1400p...must not do this mistake again!!

Some people took a short term view and are now surprised...fundamentals are there...we have a solid platform to really be a global leader in this space... UK, Europe, US... Opportunies are endless. SP is cheap as chips... Debt is much lower compared to other large online retailers... No Debenham type dilemmas... In fact quite opposite... We are ready to pounce on high street retailers failures... I predict big potential but patience is needed. All my opinion.

Good RNS...in line with market view...we are ready for the global reach...this one is great for investment...not for short term trading IMO. GL all.

I was almost on the money when I said this will go up, albeit a day late. Agree with f15jcm, there is a huge value IMO in this stock. They have built great tech IP so all we know need is to go to new markets and forge JVs. Let's re-rate to 130p real soon. GL all.

Confident end of year update and another new long term contract win. Shorters must be filling the pinch!!

It will go up today IMO. ESMA impact is stabilising and it seems net income around £130m will hopefully result in £35-£40m profit and 4p dividend come June. ANZ is all bonus and will reflect into FY20 IMO. Let's see.

We will bounce back IMO. At this price, its a no brainer.

Third quarter update as expected we knew about lower revenue due to ESMA and lower market volatility. Good to see they are sticking with 43p divi which is a decent 7-8% yield based on current SP.

Annoyingly we are heading for another 3%+ today not helped by Quiz results, John Lewis results, Brexit, Trade war etc.

Nige - it seems like you live under water. Wake up. Everything was down yesterday because of Brexit and it will be down today because of Brexit/Trade war worries IMO. Wider UK focused stocks were down yesterday too. Chinese market is 4.5% down today so expect UK to follow suit.

We made $380m+ profit, Debt free balance sheet, cash conversion ratio of 98% and our MCap is measly £918m. World's gone made IMO! This needs to rerate at some point.

Now down to c.1.77% which hopefully means according to shorters we are not overvalued. We should steadily start going up again soon IMO.

Decent set of results I think and 12p divi is reassuring!