Member Info for jamesbond0071977

We had the meeting on the last lockdown, we wont get them again just a carry on from last time. I cant say too much but something seems to be happening. Not sure if its good or bad though.

deemule grow up man and stop being bitter, not my fault that the shares are crap at the moment. JPS, STC, RR, are codes we have to achieve before the crap hits the fan, can you guess what they mean clever clogs.

There's a buzz around the company at the moment, something is happening with all the correspondence floating about and messages on our computers about meetings etc but don't know what.

I bet you do feel lucky being lumbered with AA shares. LOL

https://www.training2000.co.uk/hybrid-electric-vehicle/

Recovery only or jobs like punctures and flat batteries, we do not work on the high voltage electrical systems, fact.

Unfortunately to be able to work on all electric vehicles you have to be specifically trained and accredited and is a Hugh expense. The breakdown patrols are not allowed to work on the high voltage systems, in fact it is illegal to carry out work on these systems unless your accredited to do so. Being that the true full electric car is still some way off, it will probably be too late to benefit the AA.

With fewer “ pay for use account” breakdowns and more personal customers leaving because they have lost their job, the AA will now find it impossible to balance the books.

I will be back in 21 days to tell you all that I told you so. Not long now, be quite a few nervous breakdowns on here i would imagine.

You guys do crack me up with all your summarising lol.

You remember incorrectly as usual, coming up to 30 years soon and still going strong, shame i cant say the same about the AA.
Clemoc your sailing down that great river of Denial. I see out from the inside and alarmed by what i see.

The only people who know the workings of this job now are us, the patrols. We see all the inadequacy within the firm everyday and we are ignored. Senior management are clueless, employing people who know nothing about the breakdown industry or how to run it, all they look at is the cost involved and how much they can make out of it, by screwing their employees over.
Wasting millions by wrong deployment and failed investments (remember the car genie, the saviour of the AA, where did that go?).
It’s going to be a long, hard winter. No company worth their salts are going to pay top dollar for the company especially the ones looking to buy it now, they will offer 15p at best but i figure that once due diligence is carried out and they realise that the company is just a big box with nothing in it they will pull out.

Enlighten me to what assets you are referring too which could make a dent in the dept.

Mr Flibbels there are no assets to sell, all been stripped by previous PE Vultures.

We all hope that a buyer can be found but now looking highly unlikely so refinancing is the only option. They get no choice in the matter. They HAVE to refinance because the term is up. They CANNOT pay the debt back, so they have to refinance.
Interest rates being low won't make a blind bit of difference. The rates will be set according to the risk, and the risk in loaning to the AA at the moment is HUGE. Therefore much higher interest rates. This was explained in the briefings last year, although they hid the huge risk bit as per usual.

If they can't refinance, the receivers will be called in.

Its only profit if you get to keep it.

I stated how the dept. was created not why the share price is low.

Strealer when the AA merged with Saga they brought a lot of their own dept. with them so their cunning thieving plan was to load up the AA with their dept. and then float Saga on the stock exchange dept. free. That is why we are in so much trouble with this Hugh dept. on our backs.

heardy nerdy wind your neck in.

Mr Flibbles, i can honestly say that i know more than you think considering i have worked for the company for many many years. What i say sickens me to the core because the AA were like family to work for now there just another company struggling to survive.