Member Info for K3VMC

PS, my opinion is that debt was far more preferable than dilution!!!

shadypants, ok. The bonds were issued at 6p, discounted by 1.25% per month and a 2% fee, to be redeemed in May / June next year. They clearly expect to redeem them out of free cash flow.

The other positive is that it was mates only funding.

I can’t imagine why the market took it so badly. Maybe it’s a bit like BOIL today? Lack of understanding of the RNS, then a drop, then a lemming rush? The market definitely called that wrong, but I got a very nice trade out of it, whil it was correcting.

EAAS is extremely well placed in a market that MUST expand due to NetZero. As an aside, I don’t agree with implementing NetZero, but that doesn’t preclude me from making money out of it. No school, hospital or government agency will want to be left out of reducing their carbon footprint, and no business will want to be left out of reducing their fuel bill!

EAAS simply overtraded and needed gap funding while revenues catch up.

Anybody who can’t understand that AIM is here to raise capital, or that capital isn’t required to expand businesses really should not be investing in AIM companies.

Can we agree that?

“ The Company expects its FY22 results to be in line with market expectations, with revenue expected to be over £45 million. This represents an increase of c. 38% on the prior year ended 30 September 2021 ("FY21") (£32.7m). All income streams grew, each with their own individual drivers, underpinned by the substantial demand in the infrastructure sector.”

The biggest risk to a successful company is overtrading. HERC needed funding to cope with the cash flow gap caused by the explosive growth. Now it has the cash it needs to expand, so I really can’t see why there is ANY negativity now.

The sp is where it was about a month ago, but HERC has more money in the bank, more operators and more profit.

Nobody will care about this placing, after the next trading update comes out. The economy is booming and so is HERC. Sit back and watch.

broomtree

“ There’s a lot of smoke and mirrors with this proposed return of capital; the fact that I actually had it credited to my account with IG before being withdrawn; so even brokers don’t know what’s going on. Surely the end of Q1 (March) must be a line in the sand one way or the other. Either way I think it’s a disgrace they’ve been allowed to misled without being held to account by the authorities”

Agreed 100%.

I’m in,

6p by the end of March?

I foresee another price prediction when we cross the 50dma.

:-))

https://twitter.com/eenergyplc/status/1630197407999819776?s=46&t=ivXEWXWCdHViF6svg3Y55Q

Per the RNS of 2nd November, 2022.

“ In the event that the FSP does not result in a transaction, the Board intends to commence a significant capital return programme with up to $70 million (equivalent to 3.1 pence per share[3]) to be returned to shareholders in Q1 2023, upon completion of a capital reduction. Following that, and in the absence of more favourable alternatives, further distributions could then be made during 2023 and beyond.”

Per the RNS of 2nd February, 2023

“ The completion of the process does not itself automatically trigger a capital return and, as previously announced, the next steps in terms of timing and exact quantum of a return of capital to shareholders will be decided in conjunction with the ongoing Formal Sales Process and we look forward to updating shareholders in due course."

Did I miss that “as previously announced” statement? Or is this just the bod rowing back on the 3.1p distribution to shareholders? If they renege on the dividend, would that be to generate a better package for bod members? What about PIs who bought stock based on the understanding that the distribution was independent of the SFP.? Like moi, for instance?

Shifting goalposts?

Stas20

“ Good? nothing short of spectacular, 7th quarterly increase.”

Agreed. Let the trend be your friend. Production increasing quarter after quarter with an 11% that I fully expect to be increased next year.

It’s very pleasing to have that dividend pop up in my portfolios every month.

Jan 30th

“ 20 day ma crossed, 50 day ma in touching distance. The next time Zak covers this in bulletin board heroes, we will be looking at 6p+ price target. Imho.”

Last finance raised at 6p. My first top slice set at 7.4p

Crocqman

“ The RNS would be this afternoon if there was good news too”

Ok. You have a different perception of AIM than I do.

ATB.

If there was bad news, the RNS would be this afternoon.

Looking forward to Monday!!

Sunday supplement kind of material, I think.

But I can tell there is infestation.

Off to more sanitary locations.

Not today, obviously.

“ Although suspect this guy trades it anyway so probably really knows that!”

All feelings, fears and suspicions. More seance than science.

Fish123

“In the 5s today I fear ,even less.“

Is that because you trust 1970Johns feelings?

Other investment strategies exist!

Let’s see, shall we?

Overheated.

:-((

I have 1.85m to add.

I really want my 3.1p now please. I don’t recall any reference to linking the special dividend to the FSP when the specdiv was mooted, but I don’t recall that much, that well these days.

<< Shrugs shoulders >> emoji.