Member Info for jedclampit

Hi Rox, I have been looking at that riu and we have stayed in a number of these riu hotels with optic in the rooms etc.
You can't beat all inclusive but the only down side is the 6 pounds you put on over a 2 week holiday.
It's been about 2 years now since we were in Dom Rep and I can just feel the heat of the sand now while I back in Kent.
Anyway thanks for the info and make the most of it because before you know it you will be back on the plane.
You could be ain a wors place like the Maldives because if there is a nuc war the ice capes will melt and the Maldives will be under water. Stay safe.

Hi Rox I hope you’re having a whale of a time knocking back all those ****tails etc.
I have been all over the work with about 30 times to the Caribbean including all the normal ones i.e. Mexico Cuba Dom Rep antiga Grenade and Africa about 20 times, also the normal places in the med but never the Cape verde. Like you we are getting older now and looking for somewhere with only 4 - 6 hrs flying.
Been looking at Cape Verde so any suggestions of 4-5 * hotels worth looking at.?
cheers

Come on bod's , it's about time we had some news about some money being paid off debt.
The year end was end Jan so plenty of time to give us an up-date. Good or Bad !!!!!

I agree sain, foxt has had it's problems and made silly mistake with bad leadership but any investors should not be buying in for what it did have but for what it could soon have and that's a very good much bigger business and much higher SP.
I will be interesting to see how quick things change for the better.

Results in March
Revenue of £126.5m, up 35% against 2020 and up 18% against 2019, reflecting improved market conditions, market share growth and contribution from lettings portfolio acquisitions including Douglas & Gordon (D&G).
- Adjusted operating profit of £8.9m (2020: £1.9m) after £1.5m voluntary repayment of business rates.
· Net free cash flow of £6.6m (2020: £4.3m) from the total Group.
· Net cash of £19.4m (2020: £37.0m), which excludes £3.7m of cash classified as held for sale relating to the disposal of the D&G sales business.
· Final dividend of 0.27p per share, taking full year dividends to 0.45p per share.
· Return of £5.7m of excess capital to shareholders via share buybacks.

Foxtons Group plc ("Foxtons" or the "Company") today announces its intention to carry out a placing to raise up to approximately £22.0 million through the issue of up to 54,993,367 new ordinary shares pence per ordinary share on 16 April 2020.
Reasons for the Placing / Covid . like many other companies.
As at 31 March 2020, Foxtons had a cash balance of £21.9m, including the fully drawn revolving credit facility ("RCF") of £5.0m. At that date, approximately £7.0m of this cash related to creditor payments that were subject to negotiations regarding payment terms and discounts, as discussed in the Q1 Trading Statement.
Uncertainty around the scale, duration and impact of the Covid-19 pandemic on London property markets means it is impossible at this time, with a reasonable degree of precision, to determine the impact on the performance of the Company and its subsidiaries (the "Group"), particularly for the remainder of the financial year to 31 December 2020. Instead, Foxtons has analysed a broad range of potential scenarios, primarily based on assumptions of the period of lockdown restrictions in London and the time period that it might subsequently take for the residential sales and lettings markets in London to recover to more normal levels of activity. Foxtons has included in the scenarios estimates of the financial impact of the mitigating actions set out in the Q1 Trading Statement.

The SP could be better as my ave is only about 40p, but I think they are setting this up for a sale at about 65p-70p within the next 6 months.
Let's see what happens. !!!!

Good god Porsche1946 your at it again trying to down grade a company that's a flood of cash/ paying a divi / buying back it's own shares/ directors buying shares and you think it's rubbish.
I hope you have a big short on because you could be about to lose it all.
Do you think the directors know what's coming and that's why they are spending their own money, or do you think they have too much money they just want to flush it down the drain.
Who knows what's happening here at Foxt you or the directors ?????.

I haven't seen all the small print but normally when a bid fails the bidder cannot make another bid for 6 months, but as I say i haven't seen all the small print.
Now the bidder can still buy say another 10% -15% in the open market and then make another bid where they might win at say 85p.

Great to see Nigel Rich buying another 150,000 shares with his own money, now if that doesn't say confidence what will.
Just topped up a few more myself. 50p coming soon.

So Bidco got approx 45% with 75p offer, but now what's to stop Bidco just buying up all the shares they need on the open market at 63p ish.

We are sitting on so much gas in the north sea and Shale gas we should now stop all this talk of being green and drill it out asap. Bring back coal and N power
I don't think the Ukrainians give a toss about being green and saving the planet when they are being killed off.
In the news reports today Russia have said if the west cut it's oil imports they will cut off Gas to Europe.

We are sitting on so much gas in the north sea and Shale gas we should now stop all this talk of being green and drill it out asap. Bring back coal and N power
I don't think the Ukrainians give a toss about being green and saving the planet when they are being killed off.

In the news reports today Russia have said if the west cut it's oil imports they will cut off Gas to Europe.

Well 3 more directors all buying shares at this silly price, just goes to show their confidence in the plans for ITV . 80p coming fast now.

It looks like the us is in talks with both Venezuela and Iran to bring them out of the cold in a deal on supplying oil to the world to replace Russia’s oil.
Now that would be a good deal.

It looks like the us is in talks with both Venezuela and Iran to bring them out of the cold in a deal on supplying oil to the world to replace Russia’s oil.
Now that would be a good deal.

So this is the second buy back plan, they have just completed the first 3m share buy back so making 6m in total.
But will it help the SP ?

O'dear you seem to have a soft spot for Palestine, I think the main difference between Palestine and the Ukraine is that the majority of the world see Palestine as terrerists and NOT friendly people to the rest of the world.

Simple. In all honesty simes20 it's not worth giving you a reply because you will only find negatives.

At these prices the bod's must be concerned about a takeover offer as they are looking like a sitting duck with all their profits and company growth ahead.