Member Info for jollyspeculator

Extract "The Company currently has a term loan of £3 million from Yorkshire Bank which is repayable in April 2017. After taking account of cash balances, net indebtedness to Yorkshire Bank was £1.54 million at close of business on 29 June 2015. The term loan carries a number of financial covenants, including a profitability covenant requiring EBITDA (earnings before interest, tax, depreciation and amortisation) of a minimum of £600,000 for the year ending 31 December 2015 (the "EBITDA covenant"). The Board is now of the view that the Company is unlikely to be able to meet the EBITDA covenant and is therefore commencing formal discussions with Yorkshire Bank in relation to this matter. Further announcements will be made as appropriate." ...DYOR, all...opinion only, of course

this is cheap at Jolly adj EV/EBIT of 5-6 lol (DYOR etc).. ....but if there are persistent (even forced?) seller(s) it could get a fair bit cheaper since it is so illiquid ..torn

?

that has gone completely the other way ...if he paid any attention to the fundy guff, he would be less bad as a tipster

come back and man up...you post nonsense predictions all over the shop...and only return when (as a matter of random chance) a few of yr tips go up ...I guess you hope no one really picks you up on this trick (which is one of the oldest tipster tricks around)

but if the World is lucky, coal is doomed lol

sounds grounded & sensible... ...the joy of this share is occasional bouts of enthusiasm, but yr post helps keeps it real...for a while (but will probably be fairly quickly forgotten lol)

good post...recommended

on a streak...except snt lol

on free carry ...you may be right...but not convinced ...enjoy a sunny Saturday

so opportunities to buy at leisure during prolonged soft patch? or into sp rise? No hurry it seems lol ...Enjoy a Sunny Saturday, all

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seller(s) cleared?? ..the potential upside here is clearly tasty ..enjoy a sunny Saturday, all

as elsewhere, this signature...repeated same size...why telegraph?? If you are a "distressed"/impatient seller, why not disguise yr intentions? ...Jolly puzzling ...any thoughts, shareminator or fk01?

u may be right about yr relative experience..but comparatives are v dangerous (cf this investment is awful but look this alternative is better so lets do the better one..er no...the better one may well be a bad investment ...had a lad at the PE firm at which I was a partner who tried that logic a few time...he left quickly lol)

As a result of the increase in revenue earned from Indonesia the combined amount receivable from the two MCPs, before adjustment for fair value, increased from £4.0 million to £7.5 million during 2014. The payment terms involved in operating this business model are protracted and periodically during the year this has put pressure on the Company's operating cash flow. In fact in previous years the Company had to agree to separate payment plans with PTNP to recover amounts due from 2012 and 2013. This has led the Company's auditors to include an emphasis of matter in relation to the trade receivables credit exposure in their audit statement.

d*mn

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sold half @8.5p so nearing free carry...look to rebuy on 60% retrace

u r having a laugh? Probably triggered by MM games before any sp rise... so worse than useless "advice" imv ...on 2nd thoughts, perhaps all yr posts are for fun ...and I am missing your post ironic genius lol