Member Info for JG68

Not so sure myself, profit range actually marginally lowered ( top end from 660 to 650).

Special dividend less than last year.

Heron foods down 5%

No idea how an unforgiving market will react.

But not expecting fireworks

The whole UK market is a short really.

Doubt there's much downside here really.

Savage

Cpi doesn't need to borrow, if they need cash as much as you claim they will simply refinance the US notes due next month , but mire likely they will pay them off, 90-110 mill can't remember exactly.

But one things for sure, markets are telling your Chancellor she's got it wrong, no question about that.

Yeah Reeves is Chancellor for another 4 years

The only good thing here is that the UK 10 year bond up 10 to 4.79 today, meaning that idiot Reeves and the socialists have arrived at their Liz Truss moment. The markets are telling them the cost of their borrowing is rocketing and they are wrecking the economy.

Emergency budget not out the questions.

At least voda is 66p,,what a dog that is too.

This is just pure corrupt UK mms allowed to further destroy the already broken market.

No wonder no one invests here, this is Aim stock treatment

Aimmaster

To be fair there might actually be a more positive outlook in March , I think they've set a low bar/guidance with potential to upgrade.

From IR

On the working capital management point, if we’d held the previous guidance this would have created large swings within our working capital and debt position so we’re avoiding this to have more a more sustainable position going forwards –

I'm not bothered about being in the red here, I've had a touch and bagged and half on another one since mid December, VCP if anyone's interested.

It's on turbo steroids and probably another bag or two in it, in short order.

Adamwoodman

Don't know why you're expecting anything positive March 5th?

We know no real progress will be visible until H2.

It would be nice to get clarity on the exact net debt position though. Was expecting them to have repaid the US notes which is circa 100 mill give or take.

Based on last years price action following the poor update at the beginning of last year, I'm fully expecting 12s before it starts rising again, buy order set at 12.8

Bet this closes red

The silence from the board re the NA sale is annoying but predictable.

Maybe they have nothing material to update, but at least acknowledge publicly that your expectation it would complete by the end of last year, has passed, but " is on track".

Never seen this before, it's mad.

Back from 377 after yesterday's upgrade, and not even following retailers today on Nexts results. Useless.

Dog uk markets in full patheticness again

The problem this new supposed wealth creation pro business government have created for themselves is quite simple. All of their plans / policies are too long term and will almost certainly not show any improvement for probably years. And by then they will have caused so much short term pain, awful sentiment and minimal if any growth, that the country will have turned against them too close to the next election.

And Trump will probably tweet Starmer out of a job by summer.

This board is ruined until the sp bottoms and starts rising again.

So we probably got another month or so of this

Fair enough Pokerchips, was just hopeful that you had.

Pokerchips

I wondered if you have ever looked into the financials / situation at CPI ?

Be interesting to get your take if you have.

Happy New year

I echo that, I'm only relatively new to it since 2020 , and this board is by far the best and most informative I have read. And patience has been a sometimes hard but hopefully rewarding virtue.

It was pointed out to me that sometimes you need to be prepared to give investments a decent timescale, 5-7 years, for me it will be probably be something like that here, for others it will almost certainly be less from these levels.

Honestly, some of the fear people spread is ridiculous.

Adjusted net debt excl lease liabilities less than 10 mill. Hardly a company in distress.