Member Info for HHReturns

What are people's thoughts on the RNS update?

It depends if people actually read and understand the RNS. A chunk probably won't, and so will think (wrongly) that it is good news.

The CLN penalty is a funny one, designed I guess to try and get around the fact that they can't issue below the nominal value of the shares. Instead, they just increase the loan by 428% to get around it lol.

This sort of company should be funny but unfortunately it is not as it will have cost many PI's a lot of money. I've been there on a number of occasions myself and it is not nice.

It's all good Dglos. Most companies issue RNS's specifically about the exercising of warrants. Not these cowboys. They hide the important stuff in the fluff of some photos. Exactly the same tactics as on Met1.

When 'valuing' this company, ignore the market cap figures on LSE. It is currently valued at £80 million or so, as it will have nearly 400 million shares in issue.

They look to have been told to start being a little more clear about the dilution to come, probably by the FCA, although they are still hiding warrant conversions at the bottom of other RNS's which is dodgy AF

As suggested, a nothing RNS with a mention at the bottom of issuing 60million warrants at 4p, with a further 300million to come. A chunk of the warrants are the prepaid ones, so the company doesn't even get any new money from them lol.

When considering the merits of an investment, surely it is best to factor in how much of the 'pie' you might get if you buy shares in it. With massive dilution still to come so that the dodgy board and insiders gain at the expense of Joe Public, why would you buy a tiny share for loads more than the insiders are paying?

They have just sold 60million shares that they 'paid' 4p for to PI's for up to and over 30p a share. Why be happy with that?

Agreed. They get what they want and have capacity to weed out the rubbish because they are paying a knock down price. Employees get certainty, the companies using Wood get continuity. The shareholders get something and Sidara avoid the risk of losing choice bits to others if it goes into administration ( which it will improve, if the bid fails)

Don't light a naked flame near those perms Froggles Boggles!

As in it's the equivalent of buying a property portfolio from someone who will be bankrupt otherwise....

They're buying a property portfolio from someone who will go bankrupt on otherwise anyway. It's a win win in many ways, as commercial transactions should ideally be.

According to icecool WG is Nvidia. To almost everyone it's a basket case that has value to someone with deeper pockets and time to wait. It looks to be brutally undercapitalized and the disposals are sticking plasters. Sell and be gone is likely the answer. Let someone more capable run this company.

Not 70% if you factor in the warrants, which have likely had shares forward sold. Look out for a powder puff RNS, and check the absolute bottom of it. It will likely reference exercising of warrants. Most companies RNS that separately, but not these cowboys 🤠

Plumbs - also SATS/TAO, ALRT and I'm sure various others. Those are just a couple that I have come across. Others like BLU are phone only.

Probably a sell, as that volume could be sold, but so what? People buy, people sell. Potatoes, tomatoes.

HL can be slow to react when a stock comes out of suspension. It may take an hour or so, but hopefully not for holders / buyers / sellers.

It's just a load of crock suggesting that Mast is the best company in the world ever and that Nvidia will probably be overtaken in market cap by the amazingly well capitalised Mast. Nothing dodgy here guv, nothing to see.

It's a paid scam advert full of bs to bring in punters happy to hand money over to the bunch of crooks who are paying for the ads in the first place with a tiny portion of the profit that they made from the last set of ads that sucked in punters and took their cash. Etc etc

Tbhatt, if you just do a bit of navigation around the site and a few screens then an ad will pop up somewhere. I've seen it half a dozen times today - some for Sundae Bar, some for Mast in the middle of the screen and then some for Mast in a box at the bottom of my screen (all on the mobile in my case) They've quickly updated it to include the new name too lol.

Nm

The postypricey index is neck and neck today.

They are trying to protect punters I guess plumbs. They also won't let you buy Alrt, as apparently they some governance / independence issues about the renumeration committee or some such. They let you buy Met1 though, so go figure!

Lol. For my part I have never said that the SP won't rise. I just said that the company is a complete scam, designed to take funds from PI's into directors and insiders pockets (which it is) There are profits available at the mercy of insiders turning off the sale taps for a while, which they have clearly done. It's still a total turd, but where there's muck, there's brass.