Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The borrowings were far higher last year until debt was converted into shares at 89p.. (go back through the RNS history). Debt interest will be lower going forward and apparently the lifestyle contracts have better margins - so I will continue to hold as I feel the share price is at a low point. Btw the company notes the share price decline and may buy back shares in future. Finally I believe the outstanding CLN debt isn’t due until 2025 and probably will be converted into shares - I suspect these bond holders want proof of the turnaround first.
Just been to the O2 website and used to link for the tickets. Tried for Friday night and I got the message “you are on a queue”.. waited five minutes so logged out - will try later - but a good sign re demand imho :-)
Well if Madrid is anything to go by - deals will be announced early September - serious question - why do you doubt deals will be confirmed when they were agreed for Madrid? Please stop with the negativity - it’s not a good way to live - trust me (from experience). I repeat - the event is SIX weeks away - not next weekend!
Well I am sending out positive vibes - we have six weeks not six days to sell tickets. Note Madrid wasn’t that much longer re ticket sales! Btw does the 60% break even figure include or exclude sponsorship, merchandising and/or streaming deals??……
So VVIP tickets for one day priced at £250 and the three day tickets at £600. Hopefully some of the (tbc) sponsors will buy some tickets as per Madrid.. I note TruthBombs never said sorry for getting it wrong re London - IT IS HAPPENING!!!! Well since he is here just to trash the company I wouldn’t expect less…
Yes - the finance interest costs are exceptionally high but if £400k costs result in £2 million profit - I wouldn’t be complaining - and I doubt the financing will be required on future years if the broker is right about the growing cash balances… I do look forward to the final results (to see all this money somehow going directly to DC as I haven’t seen it in previous years..)
Really impressed they got the interim results out early - communication with shareholders gradually improving - now will we see some Director dealings soon?…
Is it the same filtered poster - who doesn’t hold any shares on a suspended stock - that has posted seven times in a row? When news is announced - I wonder if he will come on here and eat humble pie? Somehow I doubt it …
There suppose to be an outdoor festival which can be part of the ticket price - not sure if people can just turn up just for the festival on the day? I hope the 2nd magazine is out on the website prior to relisting giving a full update on all four division (although I acknowledge KPOP seems to be the division with the most potential)
Tickets went on sale for Madrid on 27 April and some acts were not announced until late May - so as long as news on London is issued within the next week or so - it should still be fine re ticket sales - but agree, we need some form of update..
Seems like one of my filtered posters decided to rant when most of us were asleep - maybe it’s daytime were he/she is based? Two points - I presume it’s hatred of DC and not the excellent team working at the company?… plus note the trolls that only post on shares they don’t hold - it’s strange as 95% of us tend to discuss shares we hold or may invest in - I don’t know about anyone else but I simply don’t have the time to discuss shares I “hate” or don’t intend to invest in!!
Surely the auditors doing the audit should take most of the “blame” for any delay - they probably sent an IT/fraud questionnaire as they have new requirements (from my experience). Sightly off topic - watched some of the London e-formula race on C4 this afternoon - quite impressive - this sport is growing and gathering more interest as time moves on…
So earnings of 1.3p (current PE 1.6) next year and 1.8p on 2025 (PE 1.2) and the broker is “only” focusing on KPOP and not the other divisions potential (eg. Main sponsorship due for formula E next year).. usually a company in this sector should have a PE ratio of 10+ / perhaps nearer a PE ratio of 20 for a high growth company - so the current share price is utter madness on a forward PE ratio of 2!! Of course the market might be waiting for proof of the turnaround but I would be waiting - I will be adding when the company repairs…
I guess relisting will tie in with London KPOP news - hopefully early next month. Auditors usually do have staffing issues this time of year but disappointing that audit is still ongoing. However the 55 page Madrid event document on the website provides some good social media data..