Member Info for JamesConroy

If operational performance at sites like Brockham or Saltfleetby reaches a point where future profitability is reasonably assured, then recognising a deferred tax asset would be justified and would clearly strengthen the balance sheet. Until then, I still see the losses as potential upside rather than something that should be factored in today.

It’s a helpful reminder of the scale of the losses, but probably best viewed with some caution. While £166.4m is a large number and the theoretical tax shield at 40% is material, the key limitation is that the losses are subsidiary-specific and can only be used against future taxable profits in those same entities. They can’t be offset elsewhere in the Group.

So there is potential value there, but it’s entirely dependent on those businesses generating sustained taxable profits over time. Until that happens, the losses are more of a longer-term optional benefit rather than something that should be factored in at face value today.

Gmed nothing much really some posters are posting here and mirasol/Bubblepoint got very angry because he feels he has authority over the Angus chat section, that’s pretty much it.

Mirasol seriously why are you so bothered if someone else is positive outlook on this stock, what gives you the right to berate any poster who has a differing opinion to you. You have done 10,000 posts all on Angus. I get it you probably lost money on the previous management but don’t you think it’s time to get over it?

Mirasol 10,000 posts deramping a stock you have no investment in. Imagine If you actually worked that many hours at McDonald’s for the amount of time you wasted deramping here, you would probably have made all your losses back in Angus.

Mirasol = Bubblepoint

Mirasol you sound so desperate it’s embarrassing. You need help.

I own many stocks and Angus is one of many, so I am not emotionally invested here like you are, it seems your day revolves around simply deramping this stock.

Bubblepoint you sound more like the forumpolice than me , you attack anyone who has any slight positive outlook on this stock. You sound extremely desperate and angry that anyone who wants this stock up so it says a lot about you buddy.

Bubblepoint/mirasol you really are sounding more and more desperate and pathetic. Take a break.

Bubblepoint = mirasol

Mirasol as an investor who looks from the outside, your desperateness is becoming embarrassing to read.

Mirasol Ah yes, sage advice from someone who spends their whole time deramping on forums for the last several years. I’ll take that under advisement

Clearly no industry expert, I just find it odd how someone would spend so much time posting on a stock they don’t like. Unless someone is actively working against the company or a shorter just doesn’t make sense to me. Angus need to pull their finger out and as a long term investor I am hoping they do and lost probably will.

Huge volume

I have been checking the companies website and can’t seem to find who’s in charge, who’s the executive director? Who’s running the show now?

Mirasol is right Net Asset Value tends to be a bit of a BS term. What we need to look at is the revenue generated from the assets. At £15-18 million per year this would be a very valuable asset with no debt and no hedges. Even with debt over a sensible period and no hedges it would be very profitable but with the debt and the hedges it cannot afford to service its loans.

Agreed

When’s this $25m dividend coming

360 still posting about a stock you don’t have an investment in? LOL