RE: WD NO 1 LCC12 Jul 2023 18:48
So Doomster, to add insult to your injury you tell us that EJ and IAG had to resort to Rights Issues IN ADDITION TO GOVERNMENT BAIL OUTS to keep the JUNIOR BONDHOLDERS AT BAY. Ryanair, the Airline you bragged to the high heavens would be swallowed up by the JUNIOR BONDHOLDERS, never resorted to the HUMILIATION OF GOING WITH A BEGGING BOWL FOR A GOVERNMENT BAIL OUT and neither did they EMBARRASS THEIR SHAREHOLDERS IN HAVING TO GO BEGGING TO THEM IN THE FORM OF A RIGHTS ISSUE.
I am sure YOU SHALL NEVER GET OVER THE HUMILIATION AND EMBARRASSMENT WHENEVER YOU EXAMINE THE FOLLOWING FACTS RELATING to your RECOMMENDATIONS and REJECTIONS. The end result is the FACT that ZERO CREDIBILITY ATTACHES TO YOUR INVESTMENT ACUMEN, reinforced by your observation that BOTTLE ranks as one's most important investment qualification.
I am perfectly aware of Rights Issues and the FACT that they may be available as a form of last resort capital to companies badly in need. When supported by government bail outs normally ends with take over by Junior Bondholders. strongly recommended to put your investment into companies such as Ryanair who are not in need of Rights Issues or Bail outs and continue to be Wd No 1 without hand outs
RECOMMENDATIONS.
EJ require 275% growth to reach their prior 3 year high.
IAG require almost 300% to reach their prior 3 year high.
RR require 240% growth to reach their 3 year high.
Boohoo require 1170% growth to reach their 3 year high.
Your rejection, Ryanair, is just 4.2% off their 3 year high having hit €17.25 in last 2 weeks.
Your REJECTION ,BOI , headed for liquidation in 2020 per your prediction ,has grown 840% in last 3 years while your other Basket case, AIB, has grown 425% in same period.
ALL THE ABOVE ARE 100% FACTUAL with the 3 year high being taken in ALL CASES and compared with current SPs.
We are all very au fait with Rights Issues , with prudent companies using such means for sensible investment expansion opportunities. HOWEVER THE DIFFERENCE HERE IS THAT YOUR RECOMMENDATIONS ADOPTED RIGHTS ISSUES as a means for SURVIVAL, which were not sufficient in themselves as they HAD TO RESORT TO ADDITIONAL GOVERNMENT BAIL OUT FOR SURVIVAL. You were the 1 to criticise RYANAIR for bringing BAIL OUT cases to the ECJ , as they consider this to be anti competitive. Ryanair being the sole Airline not to seek any government bail out.
So in future do not use Rights Issues as a "fog" on Share Prices. The information set out above under 7 different companies is 100% correct/FACTUAL as you very well know to your utter HUMILIATION and ZERO CREDIBILITY. If it was otherwise you would produce the evidence which YOU CANNOT DO AS YOU CANNOT REFUTE FACTS.
As is well noted on this Board you carry the unenviable reputation of being the Wd No 1 Worst Tipster carrying the Danger To Wealth tag. All of this without reference to your top 2 FTSE DOG Awards.
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