Member Info for John33

I'm feeling left out, you forgot about me James! Most stocks up today ahem not this one,...hybrid continues its downtrend.

Let's hope this one will jump on German PTA sign off and then TA before end of July and we will all be rolling in clover.

Devil's advocate James, I like to put the feelers out test the water, opposing opinions.

I am long here the present board are making all the right noises but the market is waiting for proof of a turnaround. The SP is still on life support but everything crossed they pull it off.

80p,..I hope you're right Dave but will you still be here for that rise?

What concerns me the Hybrid continues to sink, not far off the lows, let's hope we have already seen the nadir in the SP, the updates are favourable, then Dave can have his 80p!

James I'm as long here as the day is long on Sunday June 21. Maybe that will be the day they announce German PTA signature on the dotted line, here's hoping.

As for a nod from somewhere I was referring to the Greek share god Plutus, as shorts have had an uncanny knack of being right for the last 4 years or so.

Just maybe our time is coming.

Shorts, no stopping them increasing in unison, probably the highest short figure in MCG I’ve seen.

It's concerning that they feel sufficiently confident ahead of potentially re-rating news, it's almost as if they have had the nod from somewhere.

Not long to go for German PTA sign off, as for the audited annual accounts for the 15 months to 31 March 2026 that will be by 31 July 2026.

FFS dave give it a rest,..."The genral concise is that the company has finally turned things around"

Yep that's why it is trading at 23p near all time lows, next trading updates will determine that, trap door plunge as firepower predicts or rockets to the moon as you predict!

HonestlyhelloDave I ain't sure honest is in your MO or you even know the meaning!

Paddy indeed it's been a torrid last 4 years. The current lot are trying to make a fist of it, or save it from the knackers yard, we'll see soon enough if the turn around is on.

You have kept the faith let's hope we are richly rewarded for all the pain shareholders have been put through.

"£856m in cash & facilities"

As for the £600m RCF, I can't see them touching that as it will mean covenants probably will be breached, but who knows, it's getting to the point of the last roll of the dice, it's been a fools paradise so far.

Paddy I have been following Ibstock for some time, it' s been a one way fall for some time, as are many of the building shares primarily because of their debt and economic outlook. Economic outlook isn't really a factor long term here it is the debt.

Let's hope the new board can pull a rabbit or two out of the hat in the coming months.

The Hybrid had another kick in the gonads today to add to the the two month decline from 75p > now 59p, what is the message it is signalling?

Perhaps James or Dave enlighten us as to what it might portend?

I know it's the James & Dave show but is there a concern that shorts may have had the nod, and then the Grim Reaper himself firepower1 has graced us with an appearance.

Let's us pray they do not have inside info, for example it was mentioned not too long ago that debt finance firms were lining up to offer their services which if true may be good or bad.

James & helloDave, you two have been on full ramp mode for several days, do your batteries never go flat or will that be the moment you sell your stake and wait for the next pull back? Give it a rest.

The Iran/US is a side show, this is all about stripping costs out of the business and demonstrating a clear path to paying down the considerable debt.

How much of the German PTA sign off is priced in remains to be seen.

It concerns me firepower still lurks here like a bad smell, trapped f@rt, and with good reason as the SP languishes close to all-time lows, shorts increasing to probable all-time highs, something has to give soon, but shorts don't seem in any hurry to exit, the exact opposite.

Ok Rob now you mention it I do recollect that, I was quoting off the last set of results 26 Feb 2026

Rob295,...Covenant gearing improved to 2.7x (2024: 2.8x), aided by proceeds from NASB disposal

Obviously does not include the Hybrid which is accounting tom foolery.

The previous board(idiots) stated they wanted it down to 1.7x, so some way off.

OK thanks, didn't MCG state they were goint to take them to court for compensation?

What do you make of the Hybrid continued decline makes me really nervous is it an red warning light flashing, even the 2031 bond is approaching all time lows.

Hopefully they won't have to increase the provision, but you know in the good old USofA they like to sue for $billions in litigation before settling out of court. The SP is going against the general market today.

James said:-

"Shorts are fleas on cardigans. Gamblers at best - they win a few, they lose a few. All par for the course. However, they ought to know better than to bet against JO by now. Lol

I love it when shorts enter a stock and take a position on a stock I am invested in. I love it even more when they guess wrong in the first instance - and then have to double down on their position as they have done with Mobico.

When the stock moves up, the shorts have to close their position quickly or risk wipe out

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James I aint short on this stock, as for fleas this dawg has been flea ridden for c.4years, it's been an infestation, I hope the SP does recover but the shorts are reloading, what do they know?

Yes two shorters have increased by c.700k each, I'm nervous as hell as they are not letting this go, increasing again the one's notifiable over 0.5%, though SP quite a swing around from the morning lows.

HelloDave nothing is easy in this game, and the SP is down here for a reason because the market does not believe in a recovery story, it wants to looking at the recent spikes in the SP but it then fall to lower lows, the insiders know the story, we will be last to find out, the SP should be rising based on upcoming news but it is sinking, it must be signaling something!.