Member Info for jollyspeculator

and pin drop quiet here

to close his/her short...there could be a world of pain ahead

tp>>£1

some tick up

absurdly cheap imv

740 to buy anything it seems

truly absurd spread (over £1!!) in share that realistically is likely not to breech 5-8 anytime soon...MMs are taking the p***

nothing substantial...just puzzling that with such firepower (and clear motivation) they cannot yet force this thru 50p

this is pretty cheap as it stands (risk/reward; deep discount to funding round etc), with only a distressed seller supporting the shorters' rationale...not really a great set up for them imv

?

sold at tiny profit

740 to buy in any volume (over 1000)

cheap at 7.xx lol

EV/EBIT is absurdly low, esp for such a cracking well run business with pretty much no agent/owner issues

all my views of course

he he

#envy

did post at time that this would fall below 50p lol

hold several thousand free carry and would add aggressively near placement price..probably

pls turn off the lights lol

#Sun92Headline
#Sunwotwonit

Thunder, you did muddle ebitda with ebit...which is an enormous deal

at least covenant control is ebitda not ebit

& 3.5* £50m ish D & A is handy base lol

I'd expected some bounce here...

I can't see the trigger/why to buy while sentiment poor *and* questions over covenants/management swirl

so many punters sucked in...

and no signs of even an oversold bounce @£3

wouldn't surprise me to see this sp dwindle a lot lower, unless turnaround clear...questions over management and debt is truly toxic combo imv

1. run rate adj EBITDA before Fidelis acquisition was 2*£369k, so why is full year EBITDA so low?
2.how much deferred consideration are they likely to have to pay? £3m by March 2024 would stretch them (another placement?)
3. Cash decreased March to Sept...so more than £400k absorbed by WC?

I've bought for oversold bounce...but valuing this at the 4.75 EBITDA multiple used in Fidelis transaction would put the sp well below 1p (given real cash position is £0.5m less deferred consideration, and actual diluted shares will probably rock up beyond 600m)

(4.75* £750k - ?£1m (cash minus deferred consideration)) is barely £2.5m divided by 600m...dyo maths...it's bleak, indeed

#jollyflipping

36p may have been

and off we go