Member Info for JG68

Sorry culley!!

I agree with pulley, can't see how they can confidently give fcf guidance until the March FY update.

That will be the game changer, surplus cash equals profit results in capital allocation means happy us!!

JO might well be right too that any announcement pre closing stating a significantly reduced debt figure will gap us up, but not the rocket we all deserve.

Maybe then JO might be kind enough to purchase my WG shares of me, and that really will be the jug of juicy turkey gravy !!

This board has been an interesting / educational read the last couple of days until this rise today along with rampers.

Is this being dragged down by JD today anyone, can't find any broker notes and volume fairly normal ?

Pokerchips

Thanks just wanted to make sure as couldn't find anything other than the RNS. And yes no real concerns on that front.

Pokerchips

I can't find that they held anything significant prior to this.

Do you know what they held before?

Just to add Per bought 1.1 mill shares at 84p before he even officially started.

And followed up recently with 900 k in mid 50s.

These are significant amounts of his own cash.

call me cynical but it's the truth.

this cost of living bs has been milked now for 2 years, yet inflation is back down to 2% ish.

you can be damn sure that everyone still has enough for ***'s, booze, lotto, scratchcards, takeaways, football bets, online roulette, nike trainers and playstations for their brats at xmas, etc etc

but they're all moaning all the time.

the thing that gives me most reassurance here is the pure volume of bod buys since the last update.

simply the amounts involved in some cases don't suggest an imminent dilution or signs of distress.

most of the debt matures 27-30, some before if you look through the updates.

the market here is irrational and really not fit for purpose.

jd down today 16% as profits will be nearer to 950 mill than 1050 bill but still in guidance range.

uk markets are a casino imo.

"but why do folks always expect a bad outcome"

The market certainly does

Not a great story here in the UK, although partially expected, not a good start for Labour.

Growth down abd forecast downgraded

Bond yields up

Interest rate cut expectations down

Inflation up

Costs to run all UK businesses up

And 3 bill per year pledged to Ukraine going forward.

Meanwhile, the clowns running this outfit still know the parameters of the review.

Oh look it's Laura's brother.

It's factual you idiot, it's not at all pleasing seeing the likes of MW double down their short position at 52 p.

Go take your meds

Big jump in shorts yesterday, not a good sign

Interesting read.

https://next.io/news/people/kenny-alexander-lee-feldman-sue-gambling-commission/

LWHL

I reluctantly at the time crystallised a 40k loss in Cineworld when they were about 28p, which enabled me to walk away with something before they inevitably went under.

Not even entertained the same thinking here, however maybe a slightly longer hold.

The worst part was they were in an ISA and I'm still trying to recoup that capital loss.

I'm banking on MCG and a decent NA disposal announcement, but that's a different story.

Absolute zero comparison with cineworld, what a stupid comment.

Cineworld owned zero assets, losing customers year on year due to Netflix, streaming, often same release date on sky store/ Amazon prime for newly released films, and over 3 bill debt with no means to repay.

A majority of the debt here is long term, into the 2030s.

No comparison

Here come those annoying tw-ts from the US, probably turn a bad day into a complete sell off knowing the UK sheep.

Taken from stockepedia

Nov 15 (Reuters) - British companies have flagged a rise of about 520 million pounds in costs following Finance Minister Rachel Reeves' maiden budget in October, which included an increase in employers' social security contributions.

They also expect the increase in National Insurance Contributions (NIC) that employers pay and the minimum wages to fuel inflation.

Here's what some of the firms from across sectors have said so far.

RETAILERS

British supermarket chain Sainsbury's SBRY.L, which employs around 150,000 people, said it was facing headwinds of 140 million pounds from the national insurance change.

Marks & Spencer MKS.L said the national insurance increase would cost it around 60 million pounds in its next financial year, which starts in April. A 6.7% rise in minimum wage will add another 60 million pounds.

Britain's third-largest supermarket Asda said the national insurance change would cost it 100 million pounds next year and warned it would "probably be inflationary to some degree".

Primark-owner Associated British Foods ABF.L said the national insurance change would cost the clothing retailer, which employs 40,000 people in the UK, "tens of millions" of pounds, though the rise in the minimum wage was anticipated.

Could that be what this is because although the market responded well to the results, there was no guidance on the potential impact of this?

There was a newsfeed on Friday of other retailers such as Sainsbury's, Asda, Next all stating what the impact will be.

So similarly to the previous update when no guidance was given, there is lingering uncertainty again.

What a total dog market the UK is.

Starts ok then everything getting battered.