Member Info for jonathb

Yes obviously the return of the Orange one is ya in the parade of misfortunes for HFEL. IMHO piling into India last year, away from China, looked like out of the frying pan into the fire, especially given lofty valuations in India. And now guess what?!

To answer my own question, good post on ADVFN.

Y surely they can't go lower than this? I said that yesterday. Anyone know why this was particularly hit today?

Correct me if I'm wrong, poor old attention-deficited me, but on the web prez a couple days ago, I swear I heard no mention of this HH2E financing blow-up? Very odd.

No question that the more bond-proxy-ish right now, the more nervousness. Of course, bargains, if you have your cohones! Hopefully this will settle down in a few days. Or not.

.. make that "over 9% and even more undervalued".

Instructive to compare LABS.L numbers to Alexandria Real Estate Equities, Inc. (ARE) on NYSE.

Paddy519 answered my question, pretty much, also some others. Basically, I need to take up the full allocation (of "new shares"), and before doing so sell however many of existing "old" shares - even 100% - as suits my taste/needs. I understand that the non-option is to do nothing which means you are basically volunteering to get diluted even more than everyone else, for no reason.

Beancounting, can you elaborate please? I see that the "Record Date for entitlement" is COB 25-June i.e. already passed. Does this mean you can now sell your entire position and then buy up your entire allocation in July? Thus, you use the - few pennies - you get from current shares to add to the cash you need to buy your new "entitled" allotment. Yes? Seems odd because then the current SP should be much much less than 15p, no? Because new shares cost 10p? What am I missing here?

What happens if the uptake of the open offer is very small, nothing like 110 mil?

Likewise AJB.

Could someone walk me thru this. What am I getting wrong here ..

Say you now have 10k shares, and you want to take your full allocation.

You must buy 21k420 new shares @10p each, so pony up 2k142 GBP.

? No?

Bottom line is for each share you now have, you pay 21.42p for full allocation.

A hundred up-arrows. As often stated on this chat and elsewhere, IMHO Mr. Inglis (and his accountant? .. who needs to buy a good megaphone?) is the overriding source of problems here, and his departure would be a major boon. However, given how toxic the stink is that he's left behind, how will they find someone competent to take over?

Presumably the brokerages will message us at some point in the near future and propose an offer. So far no word from AJB but then the RNS only published today.

I wouldn't worry about your taste in cars or central heating. There's demand for all of NG's upcoming capacity, and much, much more.

Don't want to bother with politics but I didn't read anything about Sir K's lot possibly putting extra taxes on electric area, NG etc. I did see some press stuff about oil & gas. Anyway IMHO NG et al have nothing to fear from hypothetical tax changes, and in fact, an increased attention to energy transition tec and investment can only benefit NG.

Heh.. whooda thought our little Cinderella divvy-payer would become a growth rock-star?!?

".. longer term benefit of the investments .. drive up EPS .. increase asset values."

BINGO! That's more important than crushing pennies on the dilution / offer deal. Right now, across this whole sector, necessary capital should bring a healthy cut to middle-line. So worse than R.I.? How about no-R.I.? If you want something to worry about, try "Prez Trump".

First up, some patience please. This is the only place I can think of to post this. Anyway, after some decades of happy trading on NY and LSE markets, I tried to open a plain ol' ordinary ig.com trading account. My 1st trade failed and there followed much time-wasting with offshore support. My usual gut instinct is when a new biz-partner spectacularly screws up on my very 1st transaction with him, I roll everything back and have no furthers.

Was this just bad luck? Anyone out there delighted with their trading experience on ig.com?

PC: ".. exposed to reducing battery prices and improving storage capacity."

- .. this worries me slightly and I don't see it discussed anywhere. The new battery tecs that will show up over next couple years mean that altho the sector will get huge demand bump, prices fall + there will be a huge capital appetite. I can only hope that by then the current capital drought has gone away. BTW I saw recently some new player just committed 10 Bil GBP to new BESS build-out, can't find the link just now.

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- Article to be read in conjunction with thee guys' ERs (and GRID+GSF et al) pubd 2024-apr-08