Member Info for jollyspeculator

my opinion only

this

clean

leni's left

sounds like me lol Have a great w/e..not working, I hope?

now u tell me..... ...sell on Mon then

col

imv

ups1de...still plenty of selling of rights shares 2 come??

op costs here are high imv... ...until captive power sorted?? opinion only

not really about abg imv...just goldies as a group ..chin up

agree, finbarr ...director buys or reassuring Q1 trading update would be rocket fuel imv... ...for me a hold not a screaming buy at these levels...it's the debt that puts me off (loss making plus debt ain't a happy combo) opinion only

extract from annual report is decent entry but needs to be read in context of whole rns and all the other rns all potential private investors need to do thorough research before they invest any of their hard earned dosh & nothing posted here at lse or elsewhere should ever be thought of as advice...talk with a qualified financial adviser!! "Going concern The currency hedge contracts, used to hedge the Group's planned net invested equity, terminate on 16 October 2013. At current exchange rates this represents a significant short-term liability. A total of €163.1 million was hedged under derivatives entered into in 2006 and 2007 and priced at market rates at that time. The fair value of the currency hedges as at 31 December 2012 is a liability of £23.8 million (€29.1 million). The bank held £7.5 million (€9.2 million) at year end, recognised within other debtors in the consolidated balance sheet, as collateral against the hedges' liability under existing arrangements. The Group is evaluating a number of potential strategies for settling the currency hedges in October 2013. As part of this process, the Group is evaluating selective asset sales (including the potential sale of its un-mortgaged Nimes property), utilising existing cash resources (which will increase as a result of net earnings and the Trust's intention to not pay future dividends prior to the hedges' settlement date in October this year) and the potential for alternative financing strategies for the hedges' balance. Given the circumstance outlined above material uncertainty exists that could cast significant doubt about the Group and Company's ability to continue as a going concern. However, whilst recognising these uncertainties, the Board has reasonable expectation that a combination of realising equity in selective asset sales, combined with the potential availability of alternative financing options, will support the settlement of the currency hedges as they mature in October. Therefore, the Board believes it is appropriate to continue to prepare the Group and Company financial statements on a going concern basis." GL to all ....whatever they decide to do here

tks 4 yr commentary...salutary..& saved me trouble/money...appreciated

yr 07.46 poses a challenge... ...spe still has to prove it can deliver proper profitability (not the measly few £100k it does atm) ...without that visibility I wonder whether this sp will rise ..but who knows with tiddlers lol? ...DYOR all - don't just focus on the juicy ebitda...plenty more to think about here

v oversold...so bounce on imv

..perhaps darkest hour lol?

yep, whatever...no one can be confident about "appropriate" discount here...93% might become 96.5%..which would be a 50% haircut ...metric is of limited use so far away from realisation of that "NPV" imv ...expect sentiment to drive fluctuations

Leni's left lol

wot a beaut