Member Info for JG68

Exactly my thoughts, trying to hoodwink the market.

No worries know what you mean when dealing with so many numbers and a decimal lumped in there!
Personally I'm just hoping that there is an acknowledgement of cash received post January 1st which is available for debt reduction this FY and which hasn't been used as working capital.
They did say that the ongoing cost saving of 50 m would partially offset any wage inflation, so will be interesting to see how this is spun.
One things for sure it needs to come accross a lot more positive than December.
Does anyone think that CPI could be used for the increase in defence spending Liz Truss was talking about today, in particular the information unit she referred to as something the UK need to ramp up ?

Notaflipper
Isn't 0.13% of 1,684,273,523 = 2,189,555 shares to be bought?

Could be shorts closing.

Same thing happened few weeks back before the rise up to 280, suddenly one day at this time it took off.

This is on rocket fuel now!

Seems wrong that a competitor Wise group is up more than this today.
I've lost the will to live with this share, I anticipate it taking the rest of this year to recover my losses ( 290) .
This return to pre pandemic growth and numbers has been laid out for 6 months, yet the sp has halved almost in that time.
Even after recent updates and good broker forecasts outperform, 440 etc, nothing gave the SP what it deserves.
So yes good day today, but needs to be sustained and from the performance over the last year, I wouldn't be surprise if this is back in 170s before the end of the week.
The only plausible explanation can be shorters working it all the time.

Like a yoyo.

Could this now bring forward re-instement of dividends?
Am I right in remembering they were going to wait until completion of the merger ?

I doubt it, all the trading updates have been good the entire last year and this pile of S--t has dropped continuously from 409 on 8th March 21 to where we are today.
Useless IR, highly shorted because they can get away with it, I'm so far down with this, my worst ever Investment.

Or orders from Putin before something dodgy.

Green for an hour!

Same story with this, everything recovering except this. Says it all really.

Surely all charts and technicals go out the window in times like this, when a single statement by someone, or misguided missile could have the sort of reaction the markets gave on Friday.
I'm sitting enormous losses accross my portfolio, 200k down currently, its a total nightmare and I'm braced for it to get worse before it gets better.
I'm only 5k down with NEX but a couple I'm invested in are 35 and 50 k down respectively.
I've averaged down and most have dropped further again, so personally I'm writing this year off at least. Things are dire, even if the war situation calms, there is inflation, interest rates, energy costs etc etc.
The question I keep asking myself is if I get even on say NEX by any miracle this week, do I sell and leave the cash and have a bit of liquidity, do I invest in another beaten down stock, or do I just do nothing on all of them and wait for global sentiment to improve again like it did from Nov 20 when the first vaccine was announced.
All I can say is its an awful time to fully invested.

Jtan
It was tongue and cheek really, just was nice to see the line pointing upwards for a period of time!

Plus I think this is the final year of the transformation meaning FY22 results will be the first full year in the new so called streamlined set up, so wouldn't be surprised if he was given 1 last year.

Canetoad
They already said debt will be broadly flat as set out in August in the December statement.
They said they paid a 250 m maturity down, and S Morgan illuded to not receiving all monies until January, so will not be included in FY21.
An accompanying statement about current cash surplus upto now and current debt position in March 22 will help.

Nofear
We'll be dragged into a war if Putin puts 1 step on 1 inch of NATO territory!
But imo I think given how vocal our PM and foreign minister have been, we will be a top target for Nukes.

Yeah but you could look at that 2 ways, firstly if the monies received after January will be used to reduce debt, and the extra disposals will also go towards debt reduction, then the hopefully temporary reduction in revenue meaning the debt couldn't be reduced in the FY, isn't a problem moving forward.
And also that moving forward, as long as a significant chunk of the debt is paid down this FY from tge disposals, and the current revenue stream still enable a profit, then that's positive steps, albeit taking longer.

Probably why the market reacted like it did in December.
They did pay off 200 million on one facility, so assuming they received other monies from sales in January, then that wouldn't be included in FY results woukd it?
They could include a statement to clarify that including the current position if any further debt has been reduced since January, that might satisfy the markets. Otherwise it will be assumed its been used as working capital .