Member Info for JG68

Josewales

I'm kind off glass half empty here too, not sure if this is to please the market before disappointing it on 14th.

Or whether this is Lewis's Swan song to turn Mr nasty at last and go out on a high.

I've refrained from buying more here, only got 60k at 58p , got a buy order set at 31 for my last ever 40k shares in this total dog.

Where is IMHO when you need him??

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No way in a million years the sp / bonds have performed like this if a bid was being discussed.

Exactly right and that's too long (6 months) considering everything.

This is just completely stuck between 140s and 150s.

It's doing nothing.

They're (mms / shorts) taking the absolute P out of the market and company.

It's like playing a faulty fruit machine that always pays out!!

Imo best bet here is to just hold until at least August 24.

What's the point trading.

I think fact that Lewis is going will add 10-20% on anyway regardless of results !!

It's one thing not responding to a 50% plunge in share price, but to not even acknowledge the bond falling 7, 6 and 4.5 % within a 4 day period is bonkers imo, and the ongoing silence and no date set for the TU in supposedly a few weeks, leads me to fear that a nasty one will drop on any day now, unscheduled and not pretty

I have to say that after reading Fortissomos post I checked the bond price, 6% down Tues 7% Wednesday, that's a massive fall in 2 days.

How could Fitch get that so wrong if their is some immediate debt issue.

Pokerchips

From being 7% up only one explanation for this.

Question is as you said yesterday, is this one or a joint venture!!

Pokerchips

if they buy in the close then you know they dont think things are as bad as what some on here are trying to make out ....if they were...why buy back?

I was talking about yesterday's example of large buys at 41 after the Bell.

Gives shorts the option of holding those long or actually using to pay back some loaned stock.

It seems they play the ultimate hedge here, accumulating at really low prices whilst increasing their shorts day in and repeating the same cycle over and over.

If that makes sense.

Rinse repeat looking like.

Only ones making money are shorters currently.

Pokerchips

The question here is...... are these shorters working together in a pack..... the price drop down suggests they were ....but now what ..

Imo this afternoon will give us a clue, and really they will win both ways if it is them buying at close.

A fiver says it closes red!!!

Shorts bought in and will hold the stock they bought and increase their shorts again!!!

Too easy for them.

To add to last post this assumes they don't sell it.

Qd

Worst case scenario here this fluctuates around these levels for another year.

This has historically had high debt 900m + going back at least 7 years.

So the question is, is it likely that interest rates will come down in the UK at some point next year?

And where will they settle and what impact will that have on MCG profitability going forward.

Not forgetting without further impairment they are still forecast to show a net profit at fy.

Imo Aim is waiting to see if this falls well into 17s today before strutting on imo imo

Give it up Pedro.

They cut the b----y dividend, and the CFO has only bought peanuts since being in post over a year, and why aren't they buying in the 80s, 70s, 60s or even 50s?

Why aren't IIs loading up.

Be realistic it sucks this share, and hopefully and probably you're right long term