Member Info for Lee1235

It does say its tied to performance over 3 years...

Its not good for sure. They did increase in September 20 so maybe they were expecting faster results or maybe they just see better opportunities elsewhere.

Still my confidence level here is lower short term at least

Not great timing for that. Looks they have reduced back to where they were around September 2020. I assume they are losing patience with the time for results etc

Go away Clemoc, no one cares

Strathy you should sell up mate. You see nothing positive so it's not a good or healthy investment for you

Why does debt to market cap matter? its not a good measure is it as it just share price times volume of shares.

As long as the true debt number reduces and revenue decline is within the low digits decline as expected then the company is ok. Forget about all other measures and focus on the hard numbers.

They wont remove the divi after restarting it.

Its a ***** that the SP is where it is, I agree. However i also read the reports page by page and im not concerned of the future.

Well i think they got the numbers wrong...

1) 400 Mill for Archive
2) 100 Mill for lease and loan repayments (lease needs to pay no matter what, loan repayments i believe there is a minimum amount paid according to the MCR reports)\
3) free cash flow - will they increase from current value back to where they have been, ie around 700 Mill cash?

As long as cash stays the same that's 500 Mill reduction without doing anything further next year.

Exceptional spend for the two years seems to be redundancy pay. Dont forget when you make someone redundant you pay the redundancy cost but then you dont have the wages in the ongoing cost so you do start to see some benefits quickly...

I am not worried about the Moody rating based on my understanding above.

I read it but the numbers don't add up. Look 400 mill for the archive sale then probably between 100 and 200 mill for lease / loan repayments over the next year year and they could be down to say 3.7 bill debt without considering any FCF raised in 2022. If revenue declines 3 points in 2022 as they state the impact on cash flow is probably 20 mill only. They also didn't mention the fact that IT exceptional cost is likely to dissappear from now on

It's a bull**** article wrote by someone clueless

I'm here for the long term and I believe yhe price is low now vs what it will be in 2 to 3 years. I'm ok waiting that long and wheb I have spare cash I will buy more shares. I do feel if you have different time horizons but then you need to be careful

Market or some shorts using weakness to get the price down?

You shouldn't invest with money you need short term! That should be rule number 1

SP isn't business performance ffs . Please learn this.

Is the business worse 6 per cent vs Friday. Answer is no

Its probably shorts. Looking at the trades and all auto trades. No news over the weekend to justify this

Make or break? Dumb ****. Where do you find the comments you make? Most be whilat sniffing glue. Start reading reports on company performance before making this nonsense up

CHRI55 is dumb. Just ignore his comments and he will go away. If he says invest in First Group, sell your house and put all your money in NEX

If you don't have faith in management then sell your shares. Its really unhealthy to invest the way you're doing. Be a man and take the loss.

All our short friends seems to have gone away today. Funny that the company isn't going bankrupt today but yesterday it was and the world was on fire D:)

Im not bothered mind. I read reports / RNS and if im happy with progress then the current SP means little.

The company is doing well so stop panicking over the SP. How can you say a company in the middle of 3 year turn round plan which is on track should fire the CEO. Its always been a 3 year plan but people ignore that.

For info where I work the account I manage, we made a 7mill loss 2 years ago, 800k last year and this year we will make 2 mill profit. It takes time and the deal I manage generates 20 mill per year. Imagine how long it takes to turn a company with 3 billion revenue. Patience is needed

How do you know that? Just making stuff up. Keep to the fiction section

Ha maybe. Let's see what is announced. It sounds good and I a linked product then it can be a bad thing! I registered for the AWS even so will look later if anything on there

I joined and the call is ok. It sounds like things are going well in the company and the product set has improved massively.

AWS will announce something tonight which sounds like something joint, MCR couldn't say as its an AWS announcement
which sounds interesting.

I would forget about the noise on share price if here for long term. I didn't hear anything that made made scared that the company is going broke or its getting worse.