Member Info for jedclampit

Must be due within the next week if we are following last years rns's.
Let's hope they are good and they announce the sale talks.

Seems a funny time to put out an rns with total shares on issue, these normally come out at the end / start of the month.
Are we about to get another RNS on monday with a takeover offer in it.

Thanks for that and very interesting it was, I have thought for the last 2 years that pfd could be a takeover target and it looks like others are now seeing that to.
If someone was to make a bid I would have thought now is the best time because the longer this goes the higher the price is going to be. But like many others I have been in these for the last 5-8 years and it's about time we can now see a good return so the higher it goes now the better for all of us long termers. Still think this will be £1.20 - £1.50 within the next 6 months even without a bid.

Hi tommy, which article is this ? any chance of posting. thanks

Goodness only another 12 days to this deadline, there must be some progress by now and at least we haven't had them pull out yet !!!!!

I think I should have sold lots of my 12p ( £1.80) rights shares when they hit £2+ and then bought them back in again, at least it would be a little profit to make me feel better.

I wonder if this is going to be the next target area, maybe the 3 year fixed insurance on cars has been so great they will do the same for home insurance, Why Not?

Looks like some short lived progress but only 5 years too late.
I like the bit where they talk about finding new money to pay off this money, must be another cash raise coming.
Still I do like strong management to give in so quick, they just need some new big contracts now to sell gas to or will they now just sell the company for 1p a share with new wells ready to go. Maybe Foo would be the new buyer?

No matter how much good news or progress is out there the BBC will do their up most to find every bit of negative info they can to have a go at the government. BBC should be forced to go private and then let them try to make a go at it.
They make you just want to switch off.

To look forward to , and where do they go from here?
They drilled 2 new wells and got 1 gun stuck but have since recovered it so we are told. even so they have 2 new wells that have gas but not enough gas to do anything with and so those wells are just sitting doing nothing. They have a tiny number of customers that cannot support the company with enough profits and at that rate will never need any new wells. They have no eneo business and even if eneo paid vog back the money they owe would vog ever do any more business with them again. Vog are running out of money and big debts round their necks.
What's happened to all those great ideas over the last 10 years , each one never proven to be worthwhile going forward with and each one falling by the wayside never to be herd of again.
Looking at the share trades over the last few months, does anyone want these shares and why would they when they stand a good chance of being diluted again with the next one at what 1p very soon.
To be honest what are the bod's doing and where do they try to go from here.

So let's now also see some / most directors buying shares with their own money and showing more faith in pfd, and NOT more free shares for doing what they get paid to do.

Trading to the end os Sept has seen debt reduction down to £403m from £492m
Cost savings programme to deliver ahead of £5m target
· Announced repayment in aggregate of £120m callable Floating rate notes in FY20/21 reducing interest costs by £6m p.a.
· Credit ratings upgrades received from both S&P and Moody's
· Hovis disposal completed 5 November, raising proceeds of £37.3mSo net debt should come down another £37m or so from Hovis plus maybe another £60m-£80m from trading
Trading profit for the full year will be ahead of current market expectations. Additionally, following both our recent progress in accelerating leverage reduction along with proceeds received from the Hovis transaction, we are today announcing a new medium-term target for Net debt/EBITDA of approximately 1.5x."
So for a change everything is looking more positive, and NOW maybe is the time for a takeover move by someone.?
Now let's see some up-dated broker prices of £1.20--£1.50

So good I bought another 10k at 97p to find they have gone down to 90p Oh my god what's gone on there.
It must be profit taking or was it something that has been said by the board and I missed it. With what they have planned this should be £1.20- £1.50 in the next 3 months after all those mince pies etc.

ale of Direct Energy receives further regulatory approvals and transaction remains on track to complete in the fourth quarter of 2020
Centrica plc notes that NRG Energy Inc. (NRG) has received notice from the Department of Justice and the Federal Trade Commission granting early termination of the Hart-Scott-Rodino (HSR) waiting period for the previously announced sale of Direct Energy to NRG.
The transaction has now received Centrica shareholder, Canadian Competition Act and HSR approvals. It remains subject to approval from the Federal Energy Regulatory Commission (FERC).
Completion of the transaction is expected to occur later in the fourth quarter of 2020.

About the vaccine and the big rise in sp's yesterday, but I think the market has moved too quick as the vaccine will not be ready for another few months for any real benefit and I wouldn't be surprised to see prices drop back with profit taking over the next few days.

About the vaccine and the big rise in sp's yesterday, but I think the market has moved too quick as the vaccine will not be ready for another few months for any real benefit and I wouldn't be surprised to see prices drop back with profit taking over the next few days.

About the vaccine and the big rise in sp's yesterday, but I think the market has moved too quick as the vaccine will not be ready for another few months for any real benefit and I wouldn't be surprised to see prices drop back with profit taking over the next few days.

About the vaccine and the big rise in sp's yesterday, but I think the market has moved too quick as the vaccine will not be ready for another few months for any real benefit and I wouldn't be surprised to see prices drop back with profit taking over the next few days.

Latest time and date for acceptance, payment in full and registration of renunciation of Provisional Allotment Letters
11:00 a.m. on11 November 2020
Announcement of the results of the Rights Issue through a Regulatory Information Service
By 8:00 a.m. on12 November 2020
Dealings in New Ordinary Shares, fully paid, commence on the London Stock Exchange
8:00 a.m. on12 November 2020

Nothing would surprise me here, the city has taken this back below 50p in Sept and Oct and we still have 2 brokers with 35p+ ish. OK we all know that Mercedes are taking 20% and more money is being put in but until this starts making profits I just don't think the sp will hold up. Ok maybe 35p is a bit low but 40p ish is more likely until the business is sorted out.
We all know the great name of AML but just a name doesn't cut it any more.