Member Info for JG68

They keeping adding not covering.

It's over 4% now, PFC is easy game for them unfortunately

You always know its ropey when they emphasise revenue growth so much. Trying to gloss it over.

And one last chance for Lewis to tank the share price in December.

Ditto

Totally agree with brokensmoke about the gloss drivel the ceo puts on revenue in the TUs, and then bang with an impairment or last time end of covid funding.

And I just cannot see how the cfo has made any positive contribution in his year in post.

Other than miscalculation of NA driver training costs and and a downgrade in earnings forecast in a 12 week period.

Josewales, this decline is long before the JPMorgan trades, it really kicked in after the June profit Warning last year when this same ceo was harping on about their great 5 year evolve strategy which included NA.

No mention of that by the board, or an attempt to reconfigure this great plan.

That is why I don't trust them but I'm too far in to take such a loss.

I started buying in to that 5 year plan, I could see a few Rocky years and then a massive rerate on evidence. But not anymore as I have no idea what their plan is other than to try and sell NA.

And shorts and more shorts

Funny how the 1 and only analyst that got thus right in over 2 years was Liberium with their sell downgrade to 115 in March.

Inflation is half what it was this time last year and tge SP is well less than half it was then.

They only needed to raise prices to counter the pay rises.

It was the Alsa impairment write off in March that caused the net loss, not inflation.

There is something fundamentally wrong with the management here, that is the problem.

EG needing to downgrade their earnings forecast less than 12 weeks after tge HY update.

And this is the new wizz CFO who has overseen a catastrophic destruction in value in his 1 year tenure.

The U turn on needing to dispose of NA to deleverage.

Ramp all you like but you're probably the only current bull on this stock.

Looks like back to the 50s today, total dawg of share.

No volume, drip drip drip, no IIs increasing their holdings, in fact can't remember the last time a large holder added.

Well I'm talking about all the stocks that are down 4-5% as a result of a sell off in the 250.

Wondering what triggered the sell off this afternoon because there was a sell off.

Well I just look at WG in ftse 250 and green now.

Tells me all I need to know about not averaging down here.

I will wait for whatever is causing this to be revealed.

No TU date in the financial calendar also concerns me because it was in there by now last year.

Anyone know what's caused the ftse 250 meltdown this afternoon?

Or is they just felt like it.

Josewales

I'm more cynical of the timing of the last 3 broker price cuts.

Each time they immediately come after some positive momentum.

As I said yesterday, if that broker price cut didn't happen yesterday imo we would have been pushing on 70p yesterday.

Jnc

Like you I've extended my timeline for this to fully recover until 25.

Totally agree that because all trust has been lost by the market, this will need 2-3 consecutive quarters of improvement for the market to respond kindly.

Even if they achieve anything close to the "guidance value" that has been banded about for NA , I don't think that alone will cause a rerate.

May spike day of the announcement but needs a profitable cash generating business.

Just have to compare to when Wood group announced the 1.7 billion sale of their environmental division, and what the SP was prior, on the day and now.

I can wait but these analysts really do pee me off.

Personally I think for those that have stakes in the company, there should also be a closed period for rating the companies they're invested in.

I guess my point is, with the FTSE 250 up 1.5% as I type, what would the sp be right now without that 3rd price cut?

Probably pushing on 70.

Everytime we make a bit of progress price wise an analyst downgrades price target within a couple days. Happened earlier this week and couple of weeks ago.

The market is not realising value it's listening to the analysts.

I can't remember the last time we got a decent RNS that boosted the share price, except the FY update in March, and then guess what?

1 week later Liberium downgrade to a sell and we lost the lot.

Roll on 25 is what I'm thinking now.

Another price cut by these so called experts.

You get nothing from analysts for about a year then they all jump in.

I think this is shorts taking advantage of low volume through their algo sells, they are the 5cum of the earth imo

Pedro you keep banging on about inflation, but it's interest rates (higher for longer) that are really weighing on this.

Over 80 million in interest payments for the year.

They are not selling NA because of inflation

Absolute 5h1t