Member Info for Jaxonsax

i doubt if sign off is that precise given the historic delays. I'd be delighted with any time before the end of the month

way too high. 11% off sept lows when FTMC only up 4%.

That could tie up with the recent Argentina SEC filing recognising the potential liability of $8.4bn for the first time.
If they agree (say) $4bn it could presented as a 'win' politically

If you were going to settle surely you would do that before the judgement. After it your negotiating position is far worse

Nice to be able to buy back the share i tendered at a 47% discount. Happy days

The logic that the tender offer would help to close the discount to NAV doesnt seem to have worked!

It was july 2020 he said about doubling up

Hi Shady

Invoicing and cash flow dont determine when revenue is recognised. Its all about when the work is completed

EPS 20.40 c = 17.74p
P/E of 4.8 @ 85p

or am i missing something?

divi 9.4% + special

Oustanding value proposition

it all related to the way revenue is recognised on these large contracts. For example - they may be 90% way thru the challenge study at end H1 but revenue cannot be recognised until it is completed (ie in H2) hence the larger proportional revneues in July/Aug mentioned. The most important thing to watch is the order intake / Book to bill ratio. The revenue recognition is simply a timing issue as long as they have the work

the same comment could be made for such a large sale. The bid price went up after the deal so i doubt if it was a sale

This share reminds me of playing snakes & ladders when i was a child. I didnt enjoy it then either!

well he doesnt have millions any more!

well spotted Wobble. Thanks

Looking at the charts its pretty clear this well fall back to 10p over the next month
Question is will there be yet another placing in due course? Past experience says its more than likely

How could it get back to 200p? NAV is 118p and since it was 200p there has been massive dilution from share issues

The divi might help to pull us back up. 80p might be a realistic target looking at other REits with similar profiles of NAV discount and LTV

Im sure ive seen this movie before. Nice surge on news and then drifts back down with the next placing
Im out.

Global warming - the clues in the title

nothing the UK can do to fix it so why impoverish ourselves for no benefit???

Its worth checking out ARTAR in SA. I hadnt appreciated just how massive an organisation it actually is. Certainly no issue with funding etc over there. KEFI are incredibly fortunate to have a 30% slice of their projects in Hawiah and Jibal Qutman and huge potential for more Al Godeyer etc etc.