Member Info for jedclampit

for the end of the day, iether someone has some news coming or shorts closing fast due to good news coming out in an rns.

I would expect Debs to invite MA in for talks to find a way forward, after all MA (SD) is the biggest single shareholder on the books and they have the right to be involved or make an offer to help save the company.Or do you think the current bod's can have talk with lenders and come to some sort of agreement without even talking it through with the biggest single shareholder. NO bod's would ever get that through an EGM which will have to happen.

So why the big drop in sp today after 2 very positive rns's, I thought this would be moving back up by now.

So the bod's have had the SD letter since Saturday, will they come back with some sort of reply to MA or the city / shareholders today?

to be done here, all that talk about no value is just MA talking down the company to make any offer he makes more important. I can see him voting down any loan proposal to keep the company live and then go with his offer of 10p, it's coming this week.

It must be clear to the city and all shareholders here that there is a deal to be done with MA to save the company rather than go into admin. the bod's should take their heads out of their a******a and agree a deal to keep all the people / staff employed.

Forget any rules at this stage, it's just about who has the b***s to go for it.

Was dated Sat 23 rd so a fast reply to the bod of Debs, time for 2-3 more letters by week end.
Also why is the bod's in such a hurry to take more loan now when they say they have the cash to pay the rents bills coming up. Just more games & pride here.

Pearls, that's my thoughts as weel.
He could offer the £200m the bod's are looking for plus £150m -£200m for the Danish business. The company gets it's needed money plus MA can then sell off the Danish business later if he wants to.
This all seems to be about pride than common sense. I think MA will make another offer this week. 10p a share should do it.

In this rns letter from SD, MA almost agrees that he has made a low ball offer for the Danish business of £100m but at the same time is asking Debs bod's ok what do you think it's worth and as such again almost agrees that he will offer more. Surley there is a working path he to come to an agreed worth of £150 m - £200m so why don't the Debs bod's go with it.

will be the decider for MA I guess, If he realy wants Debs and does not want to lose his 30% stake in the new lending / loan agreements coming up then his only way forward now is make a full bid of 10p and take control.
I guess the bod's will try not to take it but they will have to put it to current shareholders.

They probably ordered the plans a year or so ago as there is a very long lead time and so were contracted to take them, where as the change in strategy to sell the airline fleet only came out in the last results.
They shouldn't have any problems selling the fleet in part or total as there are already some interested parties, but I guess it will take 6 months plus to change the path forward and to start to see the benefits.
Long term this could turn out to be a great big profitable business.

The rns says that there is £200m loan arranged and being offered for maybe taking over all the shareholders value, but just who is offering this loan, is it one current bank / stakeholder willing and trying to take the value away from other holders or a number of banks and stakeholders.
Because the major shareholders must hold approx 50-60% of all shares so the bod's haven't said who or what's being offered at this stage.

So someone has all the faith in a deal being done next week. will it be 10p+?

Yes I know that's what I meant , vog will change the rules to suit them and we all know it will go through with another 60% of shares.

You sound a very sad person, I told you before I never sold any vog to buy Debs, I do hold a few Debs but they will be fine after MA does a deal next week.
Don't worry about me you should be very worried about your vog shares that look like going down even more now they will flood the market with another 50 %-60% of the total shares on issue, and if I am not correct it was you that said they could never issue more than 25% it's in the rules. Well we have now seen what vog think of the rules. sp will be between 10p -13p in a few weeks.

Goodness, 2 rns's in 1 day.
First cutting costs, then expanding in Russa, they must have no trouble in their debt levels and so business must be looking better in the years to come, and so will the sp. soon be back up to 80p -£1 once they have sold their airlines side.

People are still buying here because there will be a deal of some sort and the sp will be back up to 10p by end of next week.

They can just issue new shares under a new agreed placing for say 1b shares at 1p and it's just a dilution

It's clear to all now that MA doesn't want this business to fail, he has made a loan offer of £40m, another of £150m, now a buyout of the Danish Business of £100M. Surley it would be in Debs bod's interest to take an offer to let debs survive rather than let it go into admin or let another shareholder take full control.
This all seems a bit too personal about stopping MA and not what's in the best interest of Debs and it's current shareholders. I am sure we will get another £150m - £250m offer next week for something.