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@carpy about the zagato link, I always find zagato hot or miss, the shooting brake a few years ago I thought was one of the nicest cars I have ever seen, this time with these “twins” I think they look like a cheap Chinese rip off or an eBay special. They look unfinished and nothing special. It also is like when people turn Toyota MR2’s into the Ferrari kit cars! Obviously they will still sell and just be dry stored for 10 year but I personally would much rather have a normal vantage and drive it every day, not that I have them sort of funds to even afford a 2nd hand vantage
Just had a look on that link about the credit ratings and bonds, and in the Corporate Credit Ratings: Agency: Standard & Poor's, Rating: CCC+, Outlook: Credit watch negative, Publishing date: 5 February 2021, now the publishing date was a month ago and around that time I cannot find in the news section of this share on LSE about this being published. Is this a good thing/ bad thing/ neutral? As I thought these ratings carried weight to if Institutional Investors getting on board depending on rating? Not that I think it matters long term or even short term as I see this share going up on the fundamentals alone let alone wether a big company says you should invest or not
Funnily enough I’m from the UK and was in a similar situation, because my wage is made up of 3/5ths salary and 2/5ths bonus and bonus is based on efficiency, because of how little work we have in I have been missing out on a lot of the bonus making my wage after tax around £1700 where on furlough i was receiving the full £2500 pre tax and worked out about £2000 after tax, I am actually better off being on furloughed but for some reason the heads that be think they are better off keeping everyone in
Anyone else have an issue where for this company only the share price chart hasn’t moved since last Friday, 3rd day of no movement. Also I’ve been trying to buy some shares but it just isn’t buying and the order has been up for a good few hours
Never mind just re read. It’s for an internal share incentive scheme by the looks of it! Don’t think this will effect the SP unless the employees sell the shares immediately but here maybe a clause that they can’t sell for X months
Something doesn’t quite make sense, releasing shares but at 1/4 of the current SP, of which it sounds like it’s not for the Private Investors. Also the fact that it equates to a total of just £1.6m seems like what’s the point? Do they really need it to pass the RBL? Surely not, something just doesn’t add up...
In the RNS it says “ . Based on the new debt capacity amount, Tullow will have liquidity headroom of free cash and available debt facilities of c. US$0.9 billion.” I remember seeing somewhere before that didn’t Tullow just need to prove they had cash flow of 500m and this is nearly double at 900m? Therefore showing how impressive Rahul and his team and the Price of oil has been at saving this company? I could have this completely wrong and if anyone can clarify would be great,
GLA
Whilst we had a high of 45.16p, we have still ended up 6.90% higher then where we started, if we carry that through tomorrow then we shall be close to the 50p mark, still an impressive increase overall and so hopefully we stay in this upwards trend. LTH paying off.
GLA all
End of the article “ Earlier this month, Tullow CEO Rahul Dhir said discussions between the debt-laden firm and its creditors, including bondholders, are expected to end in Q2 with a focus on matching maturities with expected cashflows.”
Isn’t this talking about the RBL which is meant to be ending this week?
Haha cheers, yh it’s mainly I still have strong beliefs in this company to go all the way to £1+ (which I will still be in for), just this share is so commonly known to be manipulated by the shorters that I keep feeling the journey will be a constant 2 steps forward and one step back cycle. I also believe this company has the strong fundamentals and that it is so undervalued with its current SP. IMO taking everything into consideration this company is a safe bet. The problem is how much longer will it take, hopefully not too much longer *fingers crossed*