Member Info for jedclampit

So according to many on here and the press , there was going to be an announcement of CVA or banking this week and it hasn't happened yet, I guess there is still Friday.

Well I don't think that's very good at all.
They have debt of £1.5b and another loss for first qtr of another £60m, heading into the first half where they normally make a big loss.
I think we could be looking at 25p ish today.

What does the contract say, we all know it's share the rev by approx 50 % so I guess that means vog probable will not make enough to cover running costs or make a profit. but we will have to wait and see.

For end 2016 they had £290m debt,
in end 2017 they had £190m debt
They then had a placing / open offer and raised about £100m to help pay down debt.
They have been taking action over the last 2-3 years , so with luck and hope in their next FY end numbers they could be down to about £100m debt. let's hope they have done enough to now turn the corner.

If vog had a 3 year contract with eneo before at double the gas sales rate and vog couldn't make a profit, why now at only half the gas sales rate will vog make a profit.
They also have to share the rev 58% / 42% with other partners, and that hasn't changed.
To get vog making a good profit and some returns for shareholders they need 30- 40 mm scuffs and everyone knows it.

so what your saying is that if cwd announce a number of closures and save overhead costs the city will be happy and the sp goes up,everyone is happy apart from those that will lose their jobs.

You still keep coming on these post boards trying to give the impression that you know it all and others don't.
For a start I have been buying selling shares for some 30 years and probably know more than you about many things, but just on cwd ok I might be down the odd 1p but like many shares it's just a punt and is neither here or there in the overal picture.
So unless you have something of interest to say , or tips on some company you know will rise and will help other posters , stop being so negative as your comments mean jack s ****.

Same here, someone could buy this for 65p - 70p and then sell off all the parts that need selling off for say £200m for Ambrosia and another £250m + for Batchelors to nissin and end up with pfd for nothing.
£250m - £400m coulkd pay down debt and we are left with pfd and almopst NO debt. Simple.
But maybe now that Paulson has about 12%, Oasis has about 10% and Nissin with 20% surley it's very simple for 1 of those to offer to seel or buy their % and a deal is almost done. let's get 1 of those up to 30% and a 70p offer would be on it's way. Great.

This share‘s ave in 2014 / 2015 was about £5.25 it peaked at about £6 in July 2014 and then has steadily gone down. To when they did a placing / open offer at what 10p.
In all honesty the bod’s have done a terrible job and need sacking but that’s common knowledge I would have thought.
I was never in this share before the 11p’s so have lost nothing, and since then I have said they seem to have taken all the right calls and should now start to turn this around and the prospects look better.
If I remember correctly all your comments all most post boards about property etc you seem to think you’re the expert and have said this share and many others involved in property have had it. So I cannot see why you are trying to get at me when I just think they are trying to turn it around, although it might take 9 - 12 months I guess we will see shortly.

These directors never miss a chance to pick up cheap shares at 31p do they.
Is that going to be a quick sell or hold for better times?

Yes fair enough but I guess it all depends on how long you want to hold and wait for.
But you would have thought 2 years to wait and get your money back or make a profit would have been long enough for the Yume deal.

Sorry should read has traded well below.

So when they last consolidated the shares were 37p and then needed to be £3.70 to break even, this share has trdaed well below that mark for what 1-2 years between £150 - £2.00.
So with this takeover all the original investors have lost out big time and will never see their £3.70 back.

Here we go again, the banks will be calling the strings. Rubbish.
The banks are NOT calling the tune now and once they agree new terms without taking control they will be trading again as usual with the BOD's making the calls.
Must be getting desperate on your shorts now, stop scaremongering.

Just where is all this doom coming from, On 10th Jan the company said this
We continue to generate cash, with net debt as at 5 January of £286m, within the context of our total committed debt facilities of £520m.
So where suddenly have we spent another £200m ?
Also from rns up-date
For the 18 weeks, group gross transaction value declined (5.6)%, with LFL down (5.7)%. The UK was down (6.2)% with International down (3.5)%. Digital sales have grown by 4.6% across the period.
So if international sales are down how come we now find out that France is up 45%, do they not include france in their numbers.
No de-ramp as I am invested here.

Does it never stop.

Does it vever stop,we are back to the same old thoughts again.
Debt at £500m +, Debs going under, Doom and Gloom.
I thought the debt at the last announcement was under £300m and they had plenty of head room to their £500m limit and that hasn't yet changed. Debs are still saying they will come in with a profit etc. Let's just wait a little longer. or you can sell.

I have noticed that whatever postboard you post on it's always doom and gloom and almost allways negative posts. Just why is that, don't you ever have anything nice / positive to say about any company. All very sad. !!!!
Have you ever invested in a company and then been positive at any stage, or is it that you have never invested in anything and just like being doom master to p**** people off.

I have noticed that whatever postboard you post on it's always doom and gloom and almost allways negative posts. Just why is that, don't you ever have anything nice / positive to say about any company. All very sad. !!!!
Have you ever invested in a company and then been positive at any stage, or is it that you have never invested in anything and just like being doom master to p**** people off.

Even after all that waffle you have been spouting about cwd going under / finished, it's good to see someone buying 5%. Maybe they know more than some and the results are going to be good.