Member Info for ianfm

No investor or large holder will let this be sold for 0.4x the annual revenues, not right now when its still being impacted by inflation and post-covid era. D bahn sold as they had debt elsewhere and needed to balance the books for the other operations.

With all the doom and gloom going round this SP is easy to think we're bubbled, but EZJ is down over 11% in the past month. IAG and JET2 both down ~6%

Yup, looking good, just waiting for the deal now to unlock the full value as it stands, then watch the revenue come in while other deals are being explored.

Jee's what happened, all airlines just plummeted. were treading water up til about 5 mins ago

This will likely complicate matters now though and means the paperwork may have to be re-written as the %'s will be different, which likely does mean a delay.

Likeiwse, but only my short term MCG trade, the rest are still well underwater. will buy back again at a later date to lower my overall avg.

Or should have delayed div this year to pay down debt and reinstate it next year.

Yeah, this isnt bullish until they rns that they actually have an offer and its amount. great to pickup today and hold, decent low price and in line to see a share of the NA sale, potentially in a special div like first bus did.

Will anyone be interested in it at that price tho.... thats the biggie.

Back to the low 70s.

Anyone any ideas why all the airlines have just pooped their pants? can't just be the oil prices & the war?

Who funnily enough when challenged has disappeared again....

Perhaps it was Terry?

19th oct

Get a few hot toddies in you

Previously bought at 190 on the drop from 211, so great chance to avg down and have topped up.

Standard MF

Terry, you clearly haven't been here very long have you?

It was 15p on first suspension before they even announced INA or sonagol. after readmission before INA was signed (but announced) it was in the range of 23-27. now INA has been signed and revenue is coming in it stuck to the upper end of that range. once sonagol gets agreed fully, it will push higher. once revenue streams start coming in, it will continue its upwards trend.

if for some reason sonagol does not happen, it will stick to this post INA range until the number and revenue start talking (dont forget INA is paid for already, so there is revenue coming in, plus millions in the bank, and unused credit facilitates to pursue further deals.

whatever way you look at it youclearly have absolutely no idea of what you are even talking about, as per my last post, foolish.

Its up 2.3p, this is not a short squeeze by far. the markets are simply reacting to the fact the UK had better growth than expected and anticipated, and the optimism behind this.

Terry/JAdams, can we put this crap to bed please.

yes you are right, 'potential/revolving net debt' does exceed mcap, becasue the mcap is ridiculously low, but this is not utilised debt, this is available financing debt they can make use of if they want to, they haven't used it yet.

it sounds like you saw the word debt and crapped the bed, without actually reading what it is, or what it can be used for, then closed the page without also reading further.

You know what else will exceed mcap right now? future earnings. read the RNS, they literally just made pre-tex revenue of 26.4 mil, that's over 1/3 of their entire mcap. bet there aren't that many other companies that just pulled in 1/3 of their value in revenue?

The sales price inclusive of the Brent premium was $88/bbl, generating pre-tax sales of $26.4 million net to Afentra.

you know what is also coming up? another lift of barrels, and right now, the price is higher than what they previously sold for.

you either need to start putting some info and numbers to your BS claims, or stop trying to deramp, it makes you sound foolish.

in regards to us not discussing it, you are the one that never answers anything we ask you, except disappears for days then comes back spouting the same old nonsense. give it a rest Teryy.