Member Info for jollyspeculator

yep cashflow tight "Cash Flow The bank balance stood at £138,398 as at 30 September 2104 (the date of the interim accounting period) and £156,830 at the close of business on the last trading day prior to this announcement. Cash demands over the coming weeks are considerable. Large amounts are tied up in outstanding invoices associated with B to B Links Limited's exceptional invoicing achievements in September 2014, much of which is on agreed 90 day payment terms. Trade and other receivables across the Group were £2.922m at 30 September compared with £1.935m at 31 March 2014. Of the £458,243 final payment due in connection with the acquisition of B 2 B Links Limited, a sum of £120,000 was advanced to the vendors in July 2014. In exchange for part-payment earlier than it fell due, the vendors agreed to defer the bulk of the remaining payment until 31 December 2014. By that time it is anticipated that sufficient cash will have been generated from settlement of invoices we issued in September to cover this liability. Our banking arrangements with HSBC include the ability to put in place an overdraft facility of £100k upon 48 hours' notice, although as at today's date that facility is not being called upon"

We expect this cycle to be maintained in respect of the majority of our subsidiaries, but not for the Group as a whole.

given free cashflow positive there...and not here??

the discount is probably a little tight now

perhaps the selling pre script has abated ...obviously absurdly cheap unless scam ..nice if BoD ex ceo thought so too lol

is acute

is it still running at US$400k+ a month (run rate for 1H 2014...pls check/dyor)? Not sure that director fees were ever a significant part of on-going costs ...the US$15-17m would drain away steadily at that sort of rate lol

The rns says "Amongst the options being considered is a cash return to shareholders"....they don't say they are going to dissolve LEN...so loads of outcomes still in play e. g. they could pay out 1p say and soldier on...or just soldier on without any windfall ...banking on a 4p windfall seems a tad unwise (but may lure newbies in)...hollow lol

perhaps...this time

large director sells are v good indicator of trouble ahead; SAL & THAL & AVG spring to mind as other examples, but large BoD selling or buying is an obvious but still powerful indicator in this game

In addition, certain directors of the Company, and a consultant to and an employee of a subsidiary of the Company have today exercised options over 1,955,819 Ordinary Shares (the "Option Shares" and, together with the Placing Shares, the "New Ordinary Shares"). 1,572,701 of these Option Shares have been sold at the Issue Price on behalf of certain directors and an employee raising £786,350.50 for these individuals.

which together with the weak outlook in the interims makes this pretty unattractive atm imv

good for trading..just a challenge to establish trading range (now £25-29?)

sold some time ago at profit

with so much cash

u need to stop breeding

er..why so conspiratorial lol

still reckon decent chance we get through to stop losses and £25

shd be tucked away in PI pf (no advice intended!!) ...but really,.... just get with quality here relative to the utter dross out there

lol