Member Info for jedclampit

What makes you thinh the Saudi's or anyone else will ask or get an increase in price , It lloks like the airline business is shutting down all over the world which ,eans much less demand so if anything the oil price will go down even more and America are already talking about 20$ , so pmo could be 5p- 10p soon.

Goodness what a fall, I was thinking of getting in here after the big fall but after reAding in the mail today I think I will give this a miss.
It said Tullow had announced plans to slash the workforce by a third , attempt to raise £750m by selling parts of the business as it warned there was a material uncertainty about the ability to keep trading and was on the brink.
Can things be that bad?

Thanks for the info deemule, do you work for AA or the pru in that building ?

Yes but that price target of £1.05 might be over the next 2 -3 years.

and the rns all seems positive and I would have thought the sp would have started going up by now.
I guess we will need to see the prem results and divi before the city sees any reason to move this up, but there are 2 good price targets out there of £1.30 & £2.00.

I have been following thes for months and thought about buying in a few weeks ago but decided not to yet, just as well because although customer numbers are up so is debt by a large amount and now a big loss with a smaller divi.
Can see the sp going down from here but knowing the market it will rise, strange world.

I think many of us have been following the sp on these since the consolidation, so are we now starting to get closer to the consolidation price when announced at £2.40 - £2.80 ?

Another new low 5.1p !!!!!!
are we looking at 3p before any rights ?

That's because when things are related to pleasure certain diseases don't count or you turn a blind eye. But I always say some things are done out of duty and don't always give you pleasure.

According to the BBC at lunchtime today one of the Brighton people effected with the Coronavirus had made a full recovery although he is still in isolation for another few days. Great news all round and let’s hope we have caught this bug at the start.

At last we have started to get some good positive news / press remarks, could this be the start of the up-wards move.

Well no numbers yet but it all looks like things are / have gone according to plan with no shocks and no negatives, should give a boost to the sp.

Yes on Tuesday, now the mm have taken this all the way down to 40p ish and buying in plenty have they now started to push this up expecting good things in that rns.
Let's hope so, nice to see this back to 60p ish.

TUI AG has reached an agreement today to contribute its 100% subsidiary Hapag-Lloyd Cruises into TUI Cruises, a 50:50 joint venture owned by TUI AG and Royal Caribbean Cruises, valuing it at €1.2bn on a debt and cash free basis, with an expected net cash consideration of approximately €700m (including an earn-out element of €63m, payable upon Hapag- Lloyd Cruises delivering its FY 2020 budget EBIT) (the 'Transaction'). The Transaction is expected to generate a considerable book gain and is still subject to customary closing conditions and certain regulatory approvals and is expected to complete in summer 2020.

Thank you for your email and for your support of our Company.
As part of our strategy to improve performance, Saga previously announced plans to look for efficiencies across the business and has now started an internal review of structures which is expected to lead to some job cuts.
The key focus of the review is on improving the service we provide to customers and members. Where possible, these job cuts will be achieved through voluntary redundancies.

We appreciate that this is a difficult time for all of our colleagues and we are focused on ensuring that they receive all the support they need.
So all planned for.

If this is true many will see this a as great move to reduce costs and should result in a rise in the sp, although always sad to see anyone lose their jobs.

The AA plc (the "Company") confirms that the positive operational momentum reported at its H1 20 interim results in September 2019 has continued into the second half of the year and expects Trading EBITDA and free cash flow for the full year to be in line with market expectations.
In light of this continued positive performance, the Company announces that it intends to use some of the cash generated to buyback and / or tender for outstanding bonds in the market (potentially imminently). Given the positive operational momentum, subject to market conditions, it also intends to pursue a range of debt tenders, redemptions and issuances over the coming months.

Of what about £14m after spending approx £250m on building a pipeline and assets so far, so about £240m down the drain.
NO profit in sight for years, no shareholders return in sight for years and it looks like another rights issue of say 2p just to stay in business ,so who the hell is buying these expecting to make money?

Don't understand what's going on here, in december they said good progress was continuing into the second half and in line with expectations and we're going to buy back some debt. I don't think things have changed. So has the market / some brokers been spooked so it will be interesting to see what the pre closing rns is.

So just how much does it cost to build another 60 km of pipeline and whatever the estimated costs are it will be a lot more. So what about the 40 + customers that were going to get gas from the current pipeline, just forget those and start again with other peoples money that will never get paid back.
So just how are they going to get the money to pay for this, I know they said debt but didn't the banks stop more lending last time so maybe the only way forward is another rights at what 2p?