Member Info for jrlse

I think you will find that the buyback is complete.... 10M$'s worth.
5m+ shares at about £1.50.... 7.5£m.
JR

Why Eddie?
He is standing in an election for public office!
More than fair game, I would say. Or is this what they are calling cancel culture.
In which case I am too old to get it.
JR

Hi Shaggy,
Very sad to hear of your misfortunes. I do wish you the very best for the future.
JR

What a scam!
In one year they have helped themselves to £12m of our money (8mx1.50)!
For what? Reducing our share price.
JR

Theosus,
You do know that there is a rule against England winning, don't you?
Triumphalism is colonial the woke have so declared!
They must immediately go down on two knees and apologise, or else we will paint them out!
jr

no probs as the saying goes!
Have a good time!
jr

Well Eddie,
If you enjoy the rant, please enjoy. Wouldn't want to spoil anyone's pleasure!
Do you not get bored of the same regurgitated and edited garbage?
JR

I must admit I don't get this obsession with a nutter I have had on ignore since 2014.
We have far better things to discuss Are SFOR going to take us out and at what price?
JR

The cost is a moot point. Some claim it will cost billions (bt,vod) others that the cost is in 100 thousands (Ericson).. It is also argued that those who already have it exaggerate as they clearly want to avoid change. Like all things the answer is probably something in between.
jr

I have been waiting impatiently to buy sub 30 for the last few weeks..
the damn horse wouldn't oblige!
But I will hold out as my average is 65P.
jr

Scorpion,
I share your frustration!
Not a lot we can do except hope their benefit is also ours- ie an increase in SP >
jr

gdog/Scorpion
I am long TRMR, learnt not to spread too thin. Make your choice and stick with it.
Is it the right choice? Laps of the gods and CONSISTENT promised delivery.
If you promise 500M$ and deliver 300M$ What do you expect?
Can they get there? A man and his dog seem to! Why can't these overpaid clowns?
jr

gdog,
They are cheap because the have not grown revenues consistently, see CRTO, RUBI, TDD.
jr

Sharehounder,
Hence my avatar comment! cirra can join him in the sin bin.
jr

Curly,
I am thinking avatar!
jr

bald-eagle,
Shares held in treasury can be sold or transferred at anytime.
jr

Hi Guys,
As I said they can re-issue shares and thus acquire cash. They do not buy or sell direcly in the market that is why they have a broker and done independently but to agreed conditions.
The key here is if they give the cash away as in a divi, it will have left the company bs and their control.
Just holding cash (beyond immediate needs/plan) is a bad idea as it says (in corp fin terms) you can't think of anything better to do! This again is not good.
jr

Bald-Eagle,
Share buy backs have many purposes.
They can be cancelled straight away or later (e.g. see LLOY and RDSB).
They can be held in treasury, like here and be used later by the company for whatever purpose is agreed by the bod.
It can be re-issued, used for bonus, acquisition, reduce div payments, reduce shares in issue.
Mainly, it gives the bod flexibility to manage cash/capital of the company.
jr

Theosus,
I am a chartered mech engineer and have driven Jags and rovers for the last 40 years
They are still british designed and built here. Yes they are assembling some in Slovakia but who isn't taking advantage of EU subs!
jr

Theosus,
"Who doesn't aspire to a german car" like the cheating VW, Audi etc?
Well I for one don't and never will. Only UK built jags for my wife and me.
And no French wines for the last few years, only new world ones!
jr