Member Info for JG68

Dave

With the greatest respect, isn't this all just theoretical.

Could these almost invisible trades not be forthcoming example Franklin dumping the remainder of their holding onto MMs at said price, who then in turn feed them into the market by dropping the price to be able to sell them?

Genuine question.

I don't get how a dark pool can accommodate such large transactions by 2 parties, not even classed as off book.

I couldn't find the 16.08 one on LSE, didn't look back further

They're sells, all around 55, back in the 40s far more likely than all rampers 70/80s

Beginning to feel like no smoke without fire

But this is exactly why global investors don't invest here now, how can anyone trust a market that's behaved like this the last week

Shocking that what they're doing is actually legal

Yeah agree with that it's just I can't find when originally stated they expected completion by year end. Possibly when they stated deferred sale until schools budget season completed.

HV

I know i read it somewhere but can't find it.

I think it was the delayed FY results in April.

Somewhere towards the end ish!

This was either large seller and they've dropped it to sell the shares, or starmers 81% reduction in emissions by 35 announcement at cop 29.

He's such a tw-t

This sudden reversal by mms very worrying again

Mary

Would you trim ones you bought say at 56 at say 62 , if you were still down overall?

Just curious about your add/trim strategy

Tanking

Yeah and serco green too.

Minus 17% in last month, bit concerning

Yeah and it would look at bit dodgy if they loaded up on the cheap

Like i said earlier, not even PFC when the SFO investigation was announced, or when it became obvious there was a risk of concern, ir when they were unable to make loan payments, or when they announced a likely significant dilution through d4e, have never fallen even close to 60% in 1 day.

That reaction suggests there's a significant risk of them going under, which is remote.

So why such a fall in one day without any figures revealed?

Wouldn't be surprised to get broker downgrades now, ie negative catalyst blah

Just listened to it again captain, they sounded almost unprepared/ shocked even at the market response, and given they have no idea of the cost of the review, that sounds like they gave it limited importance in the context of the rns.

Maybe it is just sheer incompetent naivety.

The fall wasn't 60% during the conference call at 8am

It was still around 70p by 11am hence approx 40%.

So would 40% be more reasonable than 60% on that announcement?

If yes the remainder of the fall was bots/ii dumping sentiment etc.

I think it's fair to say no one knows why the market knocked 60% off on that rns.

Imo a 60% drop in 1 day suggests a significant threat of it as a going concern.

Not even pfc that remains at risk of going concern, and faces a significant d4e dilution, ever suffered such huge drop on any rns.

The market already knew, there was a constant gradual sometimes rapid decline over weeks/months.

It was good see the bounce on Friday, surely anything significant would have resulted in more drops.

Maybe dead cat bounce, Monday and Tuesday will inform whether Friday was a one off bounce day or not.

Many comments on here " storm in teacup"

"Something seriously wrong" " it's just good corporate governance" etc etc

We don't know but 60% on that rns even woth a background ii dumping suggests risk as going concern. Does it not?

So I'm just hoping it was extremely poor communication, because nothing in sp action since the write offs were announced has suggested anything major wrong.

Is that the US converted price?

Agree with all below, which is why I'll be v interested to know how profitable school buses hopefully will be this year.

I'm just wondering / hoping that they might upgrade earnings forecast for this year if they do announce that potential offers were not high enough.

Previously when they deferred the sale process until after the bidding season, at the same time they stated they expected any potential sale to complete by year end. Well that's under 2 months now.

Also if this NA turnaround is further cemented at FY, they will need to consider lost earnings from the disposal etc.