Member Info for JG68

Why does this move disproportionately more than Lgen, Aviva etc, thought these type of shares move in tandem give or take half a % here and there ?

LWHL

Sound advice I know, and thanks.

Ditto wealthtransfer about the sale of NA.

LW it's a large chunk of what I've got invested, all here, way too much and a hard lesson learnt, only so much as lost opportunities elsewhere.

But fortunately for me I have enough spare cash to see me through 2 years before really needing to access any funds, so for 2nd time I've extended my time frame by another 2 years until 26 on this one, but it does leave me feeling very uncomfortable with it, only so much as the giant c--k they have made of running this company and what might happen next.

Take their grand Evolve strategy 22-27, that is what I bought into, seems they've failed after 1 year because that didn't at the time include selling NA.

It's been c--k up after c--k up imo.

I guess they'll be a new evolve strategy next March.

FsG paid their staff 18%, how did these people get it so wrong.

Smokey

100k shares in isa at 96

50k trading account at 102

20 k another trading account 89

40k sipp at 127

Total disastrous investment to date, hence my anger.

Gave the BOD benefit of doubt after half year and was prepared to just partially skim my holding on break even and ride it up.

But now I'll be ecstatic to come away unscathed.

Cfo should have bought 1-2 months ago even a token purchase to make up for his incompetence.

If he bought now would be a kick in the teeth imo, " look at me I've bought 100k at 60p, you lot are in way over that"

At least Garat has purchased previously.

Seems their whole 22-27 evolve strategy is out the window after 1 year. Appalling really considering the first profit Warning was last June and we're 16 months later on and still failing miserably.

More I think about the more I can't see how the CEO/CFO can remain in post, shocking failure.

It makes you question this new guidance and what's to come at FY given the pummelling the markets have given this since June last year.

I think if one or both were to stand down this would rally by 10% just on that.

It's too easy for them, that's why it should be banned or at least regulated in such a way that they cannot steer prices by large amounts of small volume.

All for hedge but in fair way.

Does anyone think that the guidance they gave in July was too ambitious and ill thought through because the price increases would have taken longer to properly filter through , or should these increases be immediately visible from July ?

Still trying to square how the CFO could get this so wrong.

Anyone know if this exposed to this region given its weakness since last week?

Thanks

Great posts and great board, keeping me sane!

Laralara

I guess when you put it like that, it's not all bad.

Cheers

Thanks for your thoughts.

Maybe I'm worrying too much, it's not as if I would need to access the funds tied up in this for a few years at least, but I will need to access it one day, and my confidence in management here is almost gone.

Tomorrow's another day.

Everyone is probably fearing an RI if the sale is unsuccessful, and generally fearing the worst given where things are. And I still can't understand how my thinking here has gone from , ok H1 was poor given the cost increases, but that should be pulled back in H2, at least we're now getting a dividend whilst we wait for full recovery, there's enough FCF to cover that, and without another write off the underlying business is operating at a profit, to this in 12 weeks.

They must have known how that update would be received, and I'm still unclear as to what has prompted this sudden cancellation of dividend and realisation they need to sell assets. And no explanation other than some pathetic excuse about new driver training costs being misjudged which partially accounts for the reduced earnings guidance.

It's poor communication from an incompetent management team, and I'm so overweight in this stock now through trying to average down like paddyboy , and with amounts that I can't afford to write off or lose permanently, and it's beginning to really stress me out, and with no confidence in the people running things, that's a bad place to be.

Essentially if they were able to achieve anywhere close to the figures being touted, that would essentially be enough to cover the debt if they chose to.

So a market cap of under 400 million seems ridiculous. I don't know if I'm looking at this incorrectly, but that would essentially mean that Alsa, UK , transit and Germany would only be worth 60p a share in todays money.

I crystallised about 40k of losses with cineworld when that was 28p and still trading before it finally went down. Unfortunately for me that was in my ISA and my stock to make up that loss was this dog, so I'm extremely peed with this currently as everyone else.

Looking at things very simplistically as above, I can't see this being at risk of going the same way, and even if their ability to get a grip on running the company is protected, the sum of the parts has to be worth significantly more than this. Surely.

Dark night

I do remember they caught with their pants down last time.

Although it's always unsettling for shorters to be increasing especially at this level, it explains the sp movement.

Incredible to think there was a cash raise at 115 not so long ago and were half the price.

Well it's no coincidence that astaris have increased their short Thurs/ Friday last week and we are where we are.

The impact these 5cum bags have is evident for all to see.

The difference between now and when it sold off for months before the Tenet contract is, then the CEO left and zero contracts were materialising whereas now several have been awarded but price continues to fall. So why?

It feels very off to me especially considering the backlog being built back up.

Easier said than done when you've got jaknife suggesting that their only way out is a D4E.

Something wrong here, market knows we don't.

Lost 25% since the Fitch upgrade and Adnoc contract. That's simply not a good sign imo

I guess I was thinking it was 130 in July and now 122, a lot of money on that scale of transaction.