Member Info for JG68

Hosai
Just to say that yes this year has been a 5hit show due to rising inflation and rising interest rates.
But inflation has already peaked and my fear is that next year, at least H1 will be about reduced corporate earnings and profit warnings.
So probably going to get worse before it gets better.
Imo when all the US companies downgrade their earnings forecasts , probably in quarter 1 after full year updates, there will be carnage and hopefully markets will eventually bottom out.
Then H2 things to start improving, just in time fir no more golden share.

Noggers
Bloody yanks really peed on our Xmas rally today, and what's the betting that as soon as we close, they recover at some point.
Apart from NEX that is, not part of any rally.

Yeah very little of that, or IIs adding too.
Nothing for months

I know, in 3 weeks from beginning December!!
Like pokerchips was saying yesterday, they're not going to make sweeping dividend related statements , and anticipated reinstating dividends at FY, without serious intent.

The only thing that makes any sense is the impact of wage inflation , and the market thinks that isn't fully included in their financial outlook

It would be surprising if there is no update between October and March.

From the last update.

We are well positioned to weather the current market volatility. We have Inflation protection from fuel hedges, covering 100% of 2023 volumes, and 50% of 2024 volumes. We have long-term supply agreements on the majority of our remaining non-staff costs, with inflation expected to be in the region of 4% over the next 12 months. Staff cost negotiations are ongoing and are progressing in line with our expectations.

There was a period from 12.45 when the small algo trades were only buys and it barely moved the sp, as soon as 5 or 6 small sells came through, it trended down much easier.
The market evidently wants thus to steadily fall for some reason.
There are plenty of other shares that are also subject to small algo trades today, and they are not as weak as this.
I'm not sure if there was a trading update last January, but something positive is needed ASAP.

They've said in 2 updates this year, not the October update, by 2 prior to that they anticipate reinstating at year end, paying one lump dividend for 22 and then reverting to twice a year.
Read the previous trading reports.

Correct me if I'm wrong but this statement in the TU saying they are at preferred bidder stage for 1.5 billion of contracts from the pipeline, means they are the only one at the final stage before contract award.
So as long as Sami hasn't spun us another yarn, that statement alone must give some confidence, especially if they land soon.

Well it's NEX board that have referred to reinstating dividends mire than once during the last year. They're not going to make such important statements in their updates, more than once, if they felt they were not able to.

Pokerchips
As long as the margin is 7% , that is what they forecast at full year, moving to 10% by 2027, with a mean average of 9% over that period.
They did say margin would lag revenue growth initially.

Supercooper
Either way it's a win win unless he doesn't care losing on his investment.

Pokerchips
Half year Ebitda was 197 million, so even if they have a poor second half, say 120 million, so total for year 317 million with debt at 900 million, am I right in saying they are between 2.5 - 3 as they expect?

Just been to M&S Stevenage, fairly new mega store, absolutely rammed at 9.30 this morning.
Based on what I saw, I cannot imagine anything but a bumper xmas period

Far more algo buys than sells yet keeps dropping.
Smells off.
Everything points to at least being green today, unless they know something we don't.
Paddyboy thus is feeling like PFC considering it was 160 a month ago

The only thing I can put on this weakness is background seller, otherwise doesn't make any sense.

Can't find any planned TU before FY results in March.
Doesn't seem like there was one last year either.
Seems a long time between October and March not to update the market.

The problem they have now is everything is out there now, so any potential news could be good news, and could drop any time on any day.
It could go very wrong very quickly for these leeches.

Greedy ba5stard5 increased again yesterday and probably caught a bit off guard by the director buys.
What would be beautiful and richly deserved fir them is a decent contract happens to land tomorrow. Now that would be nice.