The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@illbetabuck - if i was you I wouldn’t guess any percentage because if SH end up with 10% paul planet earth will tell you wrong again lol
@Paul if anyone is to be considered a clown it’s certainly you. You’re living in dream land and come up with all of those ****ty scenarios that only exist in your delusional mind. Get a life and stop posting bull****, in conclusion to everything you’ve been posting so far, if you are really invested in TCG you’re just trying to blame everyone but yourself for the ****ty investment decision you’ve made.
I tell you exactly what happened with you and your massive trading experience. You saw TCG dropping to its lowest level a few months back and decided to buy in without doing any real research and when the **** hit the fan you joined here for people to comfort you and hear all of those wonderful stories about how **** the management is. A piece of advice for you look in the mirror and ask yourself why are you so crap at investing money
Well he should have taken Ian Cheshire seriously in December when he told him put your money where your mouth is and come forward with an offer, but your offer has to be a multiple of the current SP of 5p at the time but instead he decided to oust him in January and got screwed the interim chairman. Too much ego pays zero
Come on Quisty don’t argue the unarguable, this one proves one thing and that is papers are just like Paul planet earth but they get paid for their fictional scenarios
Quisty while i agree with you on some issues TC is facing but what you’ve just posted doesn’t add any value
@illbetabuck you will be branded a shorter by Paul if you outline anything that contradicts his opinion.
Paul if you are this pessimistic about the deal why don’t you sell your shares and give everyone on here a break from your nagging
@masaimara
“Existing shareholders will be significantly diluted as part of the recapitalisation. However, shareholders may be given the opportunity to participate in the recapitalisation by way of investment alongside Fosun and converting financial creditors on terms to be agreed.”
They have already told you what will happen to SH
Paul - The date is to never see TCG going into admin, the problem is the likes of you don’t appreciate opposing opinions I’m an ex SH and i have no doubts that i will buy back in again after the recapitalisation is finalised. A piece of advice Paul if you want to post no one is stopping from doing it but at least be realistic and stop living in dream land. You’ve been posting nonstop fictional scenarios, one word for you get a fricking life and live with the fact that they will issue new shares and SH will get diluted, at the end of the day you should appreciate that you are being diluted and not wiped out like what happened to SH including myself in Debenhams. Your position will get affect from a price perspective but at least they will be around
Quisty keep it quiet it’s a secret but unfortunately one of the staff has a big mouth.
@mas were you born yesterday!! TCG is a plc if an investor buys or sells 1% in the company they have to disclose it.
jedclampit I understand the situation you were in hopefully for other SH who are still holding their positions this is another 2012 and that the SP will pick up once again. Not very optimistic here but i wish them the best of luck
I got stitched in debenhams but if i say that SH here will think I’m only trying to talk the SP down. TCG short positions have decreased and the SP is yet to rise, this should tell you one thing the SP is not longer driven by supply and demand, it’s purely dependent on the outcome of the recapitalisation
I genuinely feel sorry for the dire situation the SH are in.
The problem is if they sell and the SP picks up they will blame those who advised them that the SP could go even lower after the dilution takes place, and if they hold and the SP goes even lower they will blame themselves for not exiting at the current level. Such a ****ty situation!! I sold mine at 17p and had my doubts as my entry level was 24p only to realise it was a rational decision after seeing what’s happening atm
I presume the next RNS will state bookings were down due to the 2 days heatwave in the UK
I’m sorry SH but I think the SP will keep dropping till it reaches 3p as per Citi’s note.
Citi’s note is not based on fundamental research it’s purely based on inside info imo
If he meant “at just any price” that’s understandable but if he meant “at any price” it’s worrying!!
Soutar If i was you I’d hold fire before buying more shares till at least more light is shed on the recapitalisation.
The may be applies to the new rights issue. Normally when a company issue new share say 3 for every 5 shares they give priority to their existing SH. You’ll be able to trade those rights for a couple of weeks you can choose to either sell, do nothing or take up the right at the determined price. I’m not sure whether existing SH will have such privilege or the new issued shares will go directly to Fosun and TCG lenders
Saj the RNS couldn’t be any clearer
“Existing shareholders will be significantly diluted as part of the recapitalisation. However, shareholders may be given the opportunity to participate in the recapitalisation by way of investment alongside Fosun and converting financial creditors on terms to be agreed.”
Kingsteve good luck with your legal action, keep us posted of the outcome maybe one we can follow ur lead if I invest in a company that goes wrong