Member Info for jlovie

Contract win, some big buys this morning, yet price hasn't even recovered from last few days drop.
Wonder what the likelihood is of RST being taken out by a bid while price stays this low.

Just catching up on the news, this'll be the problem.
"Labour plans publicly owned renewable energy giant"

Maybe it's because c5% yield isn't so attractive in the coming high interest period.

Maybe the prospect of a Labour govt. & nationalisation?

Disappointing volume today, that's the main problem I see with getting the price moving.

It'd dropped below open now.

Despite those results it looks like Yu will follow the usual pattern. This must be the most frustrating share I hold.
I wouldn't be surprised if it ends flat, nothing surprises me with it by now.
I can't see what more Yu can do.
My only hope is the press picks up on the results and it gets some publicity.

(quickly checks own accounts)

More funding needed. Note 'will' rather than 'may' require funding.

"The nature of the Company's strategy means that the precise timing of milestones and funds generated during the early years of development projects are difficult to predict. The directors have prepared financial forecasts to estimate the likely cash requirements of the Company over the next twelve months from the date of announcing these condensed consolidated interim financial statements. These forecasts show that the Company will require additional external funding within the twelve-month forecast period to be able to continue as a going concern."

The bulk of the post was copied directly from the results.

I'm just showing what was reported in the press. e.g.
https://www.thisismoney.co.uk/money/markets/article-11222055/Mothercare-warns-run-cash-customers-tighten-purse-strings.html

Stories in the press about running out of cash.
Not immediately obvious from the results, but way down is this section.

The Sensitised scenario assumes the following additional key assumption:

· A delayed recovery that assumes that retail sales remain subdued throughout the majority of the forecast period as a result of consumer confidence returning more slowly post COVID-19, coupled with the potential impact on customers' disposable income due to the current heightened global economic uncertainty.

The Board's confidence in the Group's Base Case forecast, which indicates the Group will operate within the terms of its revised borrowing facilities, which now includes more appropriate covenants following the cessation of the Russian operation and the Group's proven cash management capability, supports our preparation of the financial statements on a going concern basis.

However, if trading conditions were to deteriorate beyond the level of risks applied in the Sensitised forecast, or the Group was unable to mitigate the material uncertainties assumed in the Base Case Forecast and the Group were not able to execute further cost or cash management programmes, the Group would at certain points of the working capital cycle have insufficient cash. If this scenario were to crystallise the Group would need to renegotiate with its lender in order to secure waivers to potential covenant breaches and consequential cash remedies or secure additional funding. Therefore, we have concluded that, in this situation, there is a material uncertainty that casts significant doubt that the Group will be able to operate as a going concern without such waivers or new financing facilities.

The UT at close was 34p.
If you don't pay for L2 data then you don't get real trade data, just LSE estimates (same as any other free site).

"Anyone got recommendations in this field?"
D4T4 seems to post good results and looks like a possible takeover candidate.

I was wondering about some of those larger trades a few days ago. Marked as sells but near enough the mid that they could have been buys and they got a good price. If they were buys, perhaps the bit of activity lately has been them taking a quick profit.
Whatever it is, at least there's some activity, it's been far too quiet for too long.

...and a 725p placing last year.

"Oil samples have now gone for analysis in T ü rkiye and the UK. (RNS of 30/06)
----------------
Wonder what they have learnt from the analysis of the oil seep samples."

That their truck needs anew sump gasket.

"The question now is, "Who else will make money?"
Looks like people are beginning to notice how undervalued GAN is.

Argentina in the news, economy looks close to collapse. They'll be desperate to avoid a settlement.
https://www.bbc.co.uk/news/business-62514970

"Mmmmm. .....LSE have 4805 as the price, not what shows here."

I've been using Google Finance for quickly checking live prices but they seem to have yesterday's close wrong today.
Do they somehow adjust for XD?