Member Info for jedclampit

Solid, I think you have hit the nail on the head,everyone was expecting to jet at least 2-3 months of holiday business for say july - Sept but now it looks like July is more or less out for large numbers of flights before we get into the winter season.
And all the points you list below.
Can expect the sp to go down to maybe £1 again or even less.
Germany proposing to quarantine UK travellers
- No update on US-UK corridor
- Greenlist still tiny
- July is here..
- Its friday today so usual profit taking to avoid weekend shocks ( derisking )

^ These are I think acting as catalysts for pullback.

Looks like there were some big buys after hrs yesterday, does that mean the city is starting to get back in support of GNC.

If pfd cannot advertise so much on tv then I guess they will arrange / run more shop price promotions which must be more cost affective as these just drive the brands they want and do not spread total tv advertising across the board.

It's NOT what happens today it's where it settles in a few weeks.

Come on lets be honest here, the majority of posters on here are all traders and NOT invetsors.
If you were just an investor you would use a company to invest your money and look at it again in 6-12 months, the majority on here are trying to make money on the sp movements and MO now harbour is just another case at 20p it might mover 10% -20% and maybe 30% on 20p 6p-10 and then sell but at £4.00 if it moves down 10% that 40p gone . if your ave now is 30p the sp need to move 50% possible but unlikely at £4.00 with an av of £6.00 is it going to move 50% £2.00 I think not.
If you have been in this game for 20-40 years you know what's going on here.best of luck.

You have to ask yourself that if you didn't already hold these shares would you buy them at £4.00? knowing what the state of the company is, when there are so many other better stocks to buy.

So what's coming tomorrow with the consolidation, at this price it should trade at about £3.90 but we all know that's going to last and I can see this dropping back to £2.50 ish after a few weeks. Then might be the time to buy. Come any thoughts and don't say it doesn't matter what the price is you have the same money, but you don't when it falls back to £2.50.

Lets' hope so,would be happy to settle at around £1.50-£1.70 in / by September.
There must be some good reasons why some brokers have this at £1.70- £1.90.

I think it's common practice for any company under offer that they always say the company is under valued, I know the bod's have a strategy that they say will push up the SP but why ia it that amny of the brokers still think their value is £1.12 - £1.20.
OK the SP might go back up to £3.00 ish in a few years but no one knows that so I think £2.00 was a good offer and we will just have to see if this settles down at £1.50 or below. Bird in the hand etc.

If you are already under your ave you must work out what will happen after the consolidation by 20.
Take the number of shares you hold divide by 20p then with the £4.00 ish sp you can then see just much you need to make back, it might take you years unless the sp goes to £5-£6.

So what is the point in buying any of these for the next few days, on the 25th June the consolidation by 20 will take place and you will have less by 20 and increase the sp also by 20 and the sp will go to £4.00 ish but will it?.
We all know that at £4.00 there will be much less trading and the sp will fall back to what £3.00 ?
any ideas.

But haven't the current bod's just cut debt to £0.5bn from £3bn, with more debt reduction to come.

The trouble is there is NO g/tee that the sp will ever get to £3.00, the directors have rejected the bid because they want to keep their jobs and perks. Anything could and will happen over the next few months and the sp could just as easy be back down to
£ 1.20 as the stock market drops back. I have always thought money in your pocket when you can, and see the sp dropping back to £1 20-£1.40 anyway. I don't hold any now but would sell now before the drop as I don't think there will be another bid and the bod's have missed their chance.

At least the buys out pace the sells today by 5 times. now there hasn't been many days where that has happened over the last few weeks. Maybe now the tide is turning.

Well it's going to drop at least the 1p divi isn't it, so we could be down to £1 by then anyway but will normally make that divi back up within the next week or so.

Sop anyone with these shares now should sell now before the sp goes back to £1.20 - £ 140 ish before the bid.
OK the senior management think it's worth £300+ but that could be 2 years away. So what's the sp going to fall back to.

So are we going to £1 so many can top up again . Or lower this time.?

Currabeg, you clearly haven't read their report.
" creating a simpler, leaner, more modern Company with much lower debt and more profits."
· In June 2020, we announced plans for a significant restructure designed to create a simpler, leaner Group focused on delivering for our customers. This included a proposed new organisational design, and the start of a consultation process to simplify terms and conditions for colleagues in the UK.

· These changes will help to simplify and modernise the Group and allow us to put customers at the heart of everything we do. This will provide us with the platform from which we will continue to invest in transforming our business, to improve competitiveness and enable growth.
Restructure expected to be largely completed in 2021
Next question !!!

Look we could all see this coming it's been a sitting duck for the last 2 years, OK no one wants to see this company bought out by an american company so why doesn't an english company buy it. ?
The truth is that as useual NO orther british / english company is willing to pay the money otherwise they would, most british companies just don't like to fund long term bets it's all about short term deals and then get out. And it's about time that changed.

True , new management but do they hold any shares NO and are they going to buy any it doesn't look like it, and do they have control? so are they currently told what to do by the 2 main shareholders.
We all know this business needs another 30-50 customers and sales of some 30-40 MMscfs to make any profits .So why haven't they signed up more customers and that's been the same question for the last 3-5 years , so does the new management have the answer? because they haven't told us yet what it is.