Member Info for jedclampit

OK Looks like Banjo has this correct , it's all lies and stories made up by the media.
vog are in a fine state and there is nothing to worry about as they are making millions and the sp will rocket to 50p this week.
If some of this is untrue then I guess we will be getting an rns by vog saying, there is NO truth in the media article doing the rounds. But if they don't come out with a statement or an rns for placing then we all know who was correct.

So now it's out in the open with city bods etc just how long will Foo take to get this away and at what price.
I bet he has been trying to get it away at 20p and that's why he put out the last rns to hold the price up above 20p but that didn't work.
But now it's out there many will be selling next week to try and buy back in at a lower price, but needs to hurry otherwise the sp could / will be down to 10p and if he cannot get a placing away we could be looking at admin. who knows.

Is this another cash of a company waiting just too long to get another placing away. 3-6 months ago they could probably got a placing away at between 20p -30p then it was 15p - 20p but now they will have problems getting 10p.
Normall a company would offer 20% discount on a placing but the sp could be 10p on Monday after this news gets around, so maybe 5p - 10p with millions of shares and another consolidation. Who Knows. !!!!
Many will be selling Monday to get their best price before the sp drops a lot.

Today about vog and the wells have run dry.
It says that words going round in the city that vog is in the hunt for more funds and a new placing as the cash is/ has run dry , even after announcing increased gas sales it says they had cash of $3.2m at end of Sept but since have burned through $3.8m in 6 months.
Needless to say it says Foo said they do not comment on market speculation regarding capital raising.
Which must mean it's true and is coming down the line within a few weeks I guess.
But Hey I guess I will be called a De-ramper again.

would Debs go into admin?
Debs only has debts of about £280m - £300m compared to many many companies that have debts of £500m+ and turn over less money and profit.
The banks will not pull the rug as Debs has assets of £200m+ they could sell if they wanted to , to bring down / pay off the debt.
All you shorter's have had your day and failed to bring Debs to it's knees, but even if debs was forced into admin who says that MA would win any bid for parts of the business, this is NOT like HoF which was a private company, it's still a going concern and making profit.

That's why it's better for the landlords to do a deal / reduction on rents now with Debs than on a number of stores than wait for any admin where MA will want even bigger rent discounts to go forward.
But admin will not happen because the banks would rather do a new banking agreement now and keep Debs going than lose much more by pulling the rug and letting Debs go into admin. Whoever buys them out of admin will NOT pay enough to pay all the banks back, so leaving the banks worse off.
But Debs has a plan to go forward for another few years.

So just how many bottles of Moet is that you have bet posters.?
I guess we will see.

Thank you for this , but it's all old news that's been out there for weeks.
Do you have anything new?

I am not sure even the chinese would be interested in vog right now, vog have been saying for years that there are many many customers just waiting to be connected to their gas pipeline and 2-3 major power plants but in reality after about 4 years there are still only about 30 customers taking gas, and now only 1 power plant.
VOG have now ammended / abandoned their long term plans for 3 power plants and 60+ customers and are now looking for new market. All that vog have proved is that after years of trying and building a pipeline and millions of pounds spent, Cameroon has turned out to be a money pit where it looks like no one will ever get a good return on money spent .
So why would any body buy out vog.

you have been going on about debs into admin for months now and many were saying before christmas, don't you think that with all the shorters and the bad press doing their best to force debs into admin it would have happened by now.
If you are still shorting when the new banking agreements come out you could be in for a big shock when the sp goes back up to 10p, or when MA bid's 25p. But I guess we will all see soon because nothing is for certain with debs.

When you think the interims up until end March should be out in April, do you think MA will wait for those results or do you think he could gamble and make a bid before. If the int 's are good the sp will be much higher after the results and MA good get a much better deal / price if he gambles before hand.On the other hand if the interims are bad the sp will be lower after int's so MA could have thrown money away.
On the other hand he may never bid anyway.

Maybe the city know more than many pi's.

Well it's friday and so we will get profit takers on the week movements. back up on Monday.

Even though they have announced a new eneo contract they must still be running short of money and are looking to move their head office out of a main town to a cheaper place out of town or even Cameroon.
Just how much does it cost them to run their current head office.

It's normally the reg office where they serve any court / legal papers to when companies might want to kept separate from normal day to day business.

This is just my view , and I think I am being kind.
This board could be like some others where some posters keep on about the companies going bust, well I am not saying that, well not just yet but who knows.
It's that some posters just cannot see any problems with the way this company works, but again are we sure they are working to the best of the shareholders interest.

Back to an all time low even after 3 rns's with better news in them. Something up here and it's not the sp. 10p coming soon so they better get that placing away fast.

Another day another drop to 16p, but will stay there or go lower?

When you consider what mtc have done in closing down so many stores then there sales will be down vs last time.
But what you have to remember is they have had agreed rent reductions and will have good overhead savings this year.
So they look as if they have now done all the hard work and ready to move back to the good times with better profits etc.I think NOW looks a good time to buy in.

Many shorter's and the press tried and failed to bring debs to it's knees and addmin in December when the sp was 3p, but now I think we have passed that stage and starting to recover.
The market knows all the good points that are coming which were mentioned in the rns up-date, so now i think the sp will start moving up to 10p. Therefore I think you have missed the boat for sinking Debs now.