Member Info for jonjo

............................................... Turn out the light and shut the door cos this is game over!!!

Dropping like a stone rumour they are in talks with another main line firm can't see this being listed for much longer matter of a couple of weeks IMO what ever the outcome Lloyds will now want rid of this and a fire sale beckons

This is going to de list IMO I have traded it and made up previous losses but it has been hard but now out for good - GLA for all those who remain

Dont think it is undewrvalued given increased borrowing - think "The price is right"

Wonder why the recent rises here?

agreed

it would end up as a Tesco Burger!!

Not really mate I was in at 60p following a broker reccomendation of 90p then it hit the fan. I was furious at the previous management but bailed out at 45 with a loss and traded it a bit. About even now and over the "Hate" complex. I really do see this doing the 10 - 15p range and am now back in! Have a good weekend

6.44 or in another way - to early. I dont really mind though just holding back to see if we can get another small dip and then will buy back in. Really can see 10p - 15p being the norm on range and agee with your comments. Previous comments were based on rubbish performance and previous team so nice to see it stabalised and thrown off losses so hopefully the only way is up - but not before I sneak in at a good price!!

The simple realization that the new team has dumped all its losses in a one off hit and has an agreement for two years support from its bankers. In other words any improvement on turnover and sale is going to have a positive effect on the business. I think this is a simple buy in and hold and whilst I sold out at a profit earlier 7.5p - 8p looks now to be a good entry price with possible range moving up to the 10p - 15p mark. I am just holding off to see if the MM's walk it down tomorrow and actualy dont mind if they do but see this for the next 6 months as a slow burn rise now that a lot of the past **** is out of the way.

I think this will bounce around a bit for a while and I am happy to play it. I won't say it will now drop otherwise the numptie brigade will get all steamed up but happy to wait and see and jump in accordingly GL Jonjo

Sold today - good profit - good luck all

Third day running mate youve got it wrong, bet you now wish you were in the 5p's when you had the chance??

The reason that the net debt has not fallen will be because of restructuring costs. As I stated before the benefits of the 20m savings made will not be felt for at least 12months as there was and will be an implementation cost. The past management over borrowed and under performed and as for aquasitions they could not have got it more wrong.

held off commenting about results but despite the loss we can see a lot of confidence in the new team reflected in the SP. Also the 2 year deal with Lloyds gives time to turn this around. My previous comments incidently were based on the previous managements performance and I think the statement yesterday reflects my own views about how matters were being handled!!

opinion seems to be that they have broken even and that the facility has been renewed

LOL

Happy to take the abuse Lets see what happens after they come out of closed period 3 year renewal of facility and break even on results PS you never answered what part of Tenon you worked in?

Rumour also has it that they will release break even figures which would be super given past results

Interesting rumour going about that the bank have agreed to renew facility ? Dont usually take notice of this but if true would be a big boost to the company and of course the SP so have decided to have a little tickle and see what happens