Member Info for JG68

Well timed RNS, should give a boost on tomorrow's open!

Yeah couldn't quite work out the need for this either, unless they are airing on the side of caution.

It's my tabloid paper and at the back in the 3 page business section on last page where they list too 5 risers and fallers and a 2-3 word reason, it has MCG as 2nd highest faller and reason lowered forecasts, that's it.

Just wondered where they got that reason or made it up.

Will probably email and ask.

I'm still cautious too because it's been a horrendous year, but I would rather it tick up bit by but now than surge 40% and encourage more shorts like after the Tennet project announcement.

Plus the second one of those will be coming in H2, meaning another 100 million upfront hopefully.

The mail today has reason for this in top fallers yesterday as reduced forecasts.

Anyone see anything about that or is it just junk reporting?

Reminds me of Glencore 2016, think I bought around 70p !!!!

There's no glossing this over anymore.

I can see this being a penny share for the next few years.

Absolute 5h1t show here.

Board and IR needs a kick up the rear.

Maybe they are confident in their path to reduce debt, but the market doesn't agree, or maybe thinks it will take years and years.

As you say, ftse well up and this falls further.

They algo it down, easy to do with a low volume share like this, several small sells, down down down.

face it everyone, this is just a pile of absolute ****.

What is the point, why even take it up.

Wants to go up but those 5cumbags algo it down, ffs

Big spike in Boo SP !!!

I have to agree about the token purchases the BOD made, chicken feed compared to my holding.

Desperately needs one of the large holders to put pressure on the board.

And the thing is, the equity value depreciation is showing no sign of stopping or stabilising.

There are plenty of other companies with large amounts of debt, also showing signs of current and future improvement, doing significantly better than this.

You actually start questioning your rationale and sanity for remains invested here.

I'm sure some of the large holders can't be at all happy with what is happening here.

Joseywales

I'm braced for a rough summer, and my entire portfolio (except this) is either less than 10% up or down, no great dramas , but this is a different ballgame.

Just look at the chart since April 21.

A few attempts at a gradual rise until June last year, and is very similar to currys, just consistent downward pressure and sell off given any excuse.

So despite all the positive updates since last June, the market isn't having any of it.

At least with other stocks, despite some being at 52 week or even 20 year lows right now, you often get a peak on the way down to get out with minimal damage if you so choose.

It's not even as if this is a discretionary spend or luxury item affected by a downturn, it's an essential service in every country its in, so wtf is really going on here.

They can't just keeping on blaming on covid and market sentiment, either the market has git this really wrong or the board are too blinkered to wake up and smell the coffee.

Maybe it won't be until we'll into their 22-27 evolve strategy that we will see things improve, but low will it go in the meantime.

Look at CPI 27p at the end of their 5 year turnaround, which has involved selling off multiple non core assets to reduce debt.

I've just let rip at IR venting all my frustration from the last 2 years. Won't make any difference of course but I hope it's read and passed up the chain.

Desperately needs some action from some II this does, its turning into a currys, ITV share price wise.

I think the fact that there are already no repossession measures agreed for a year, tells you how bad its going to get for the housing market next year when it all kicks in, people coming off 2% fixed rates with huge mortgages, now paying treble interest, the government knows what's coming imo.

Still what would Boo have to pay them all?

100 million shares approx the pair of them, the real possibility that when Rev start trading again, and improve on today's update that the sp could rerate very quickly.

Let's be Conservative and say 75p in a year, are Boo going to cough up 75 million quid for their votes?

And given their conduct which led to the forensics audit, anything Boo do involving them needs to be as clean as a nuns draws.

Plus Moulding, although knowing him he'd probably give his holding away to friends!!

They're all talking about it being in the bag and they're getting Rev for nowt on the Boo board.

Think about how much it would cost them to ensure they get Mintos votes.

What are they going to do, give him Boo shares.

I'm trying to understand how it's more beneficial to him to vote with Boo rather than wait for his own investment in Rev recover in time ?