Member Info for JG68

See where it ends up George, I don't trust these individuals in charge of pricing one iota.

Pump and dump probably

Masvf

Even if it's another year, eventually we hope!!

Been happening since last week Pokerchips the single digit trades.

Not sure why you would expect ( possibly hope!) for a rise next week , or by month end ?

In anticipation of a half decent update?

I think the fuel for the pre xmas rise into the new year up to 90s was the US economic data in December and markets pricing in more rate cuts in the US.

And now those bets have been revised MCG is heading back down ( ironically US markets are not), so I'm as certain as I can be that this is moving more in line with US economic data and rate expectations.

As you keep saying, patience.

Well I've written this year off again, not expecting real rewards until 25 now, on a few of my holdings.

Several single digit sells also going through taking it down further.

I'm just hoping that the reason for falling 15% in the last month is the down to uncertainty caused by the BOD delaying results.

Really didn't think we would approaching anywhere near my last buy point of 58, but it's looking more likely than the recent high of 92.

And this without any one offs / impairments likely to sprung again.

Just hope the market is more concerned with current trading and outlook as others said yesterday.

Nofear

Most of us on here said 13 was never likely a couple months ago.

And here we are.

I wouldn't be surprised at 12, 11, who knows where these crooks will take it.

Imo many of us are sitting on several hundred thousand shares all at large losses, so it's probably much easier for these mms to try and instill fear and panic when the every point is several more thousands in the red.

It followed a downward pattern for at least a month in August before levelling out.

I would be interested to know if anyone can hazard a guess at to what the actual sum of the parts would be.

Wouldn't bank on it no fear.

It fell for about a month in August before finally plateauing, before the rise started.

Josewales

I know wrong board but the reason for the increase in CPI debt was the one offs resulting in the large cash outflows which caused that.

If I'm wrong correct me on that board.

To add I just got quoted 69 to buy and sell!

Pop

The spread is huge here, would your attempts demonstrate they are desperate for your shares?

Pokerchips

Thanks, anything left over will show as a positive I guess, plus the outlook.

It will at least demonstrate that underneath all the complexities if write downs, one offs etc, there is an underlying profitable business down there.

That's the way I'm understanding it wealthtransfer.

Fingers crossed no impairment, would be better for sentiment alone to at least show a bottom line plus.

More concerned about a further delay right now, which won't go down well.

I guess those questions and answers were somewhat reassuring, doesn't read like a company in financial distress.

But markets are really punishing us like we are.

The explanation on cost savings and FCF are quite transparent, so why are these same MMs bashing us so much?

Couple things I noted were, firstly it won't be the full 100 million cost savings on the bottom line.

And they are intentionally not committing to cash margin generation until June.

Think I got that right.

Josewales and Pokerchips

You both seem to be expecting more write downs which as in previous 2 years, have resulted in the headline number showing a net loss. Correct me if I'm wrong.

Is this just expect the worst and we may be pleasantly surprised, or are you possibly expecting an impairment for a specific division?

So predictable , same as yesterday.

Pointless adding again right now.

Wouldn't at all be surprised if this goes sub 13 very soon.

These 5cumbags are just dropping it at will when they feel like it.

Anyone know the restrictions on paying dividends?

They refer to "expect to restart very soon" and " as soon as circumstances allow"

I can't find what these circumstances are.

I've seen restrictions on debt covenants referring to 3 x debt to ebitda and 3 x ebitda to interest payments.

Steady decline started at 10 like yesterday.

Well I'm predicting same pattern as yesterday, rise until mid morning then slow steady decline to sub 13 with a few false peaks through the day.

I've got enough for another 100k shares , it's just when to be fully loaded up and then just wait.

Does anyone know if that 100 million US bond is included in their year end debt figure ?

This is in freefall, they're dropping it at will.

Or there is something we don't know.