The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Clemoc is an idiot. Honestly he gets abuse on every forum here..I see the same crap on NEX and stagecoach and everyone realises he is a clown
Lo
The problem is too many people on these forums make **** up as if its gospel and preach that
Look at this from clemoc yesterday
@freedom, it's due to the expected loss why the board are desperate to re finance the debt. Im guessing they are hoping the news of stretching the debt over yet another 5 years will soften the poor results.
A debate on the success of a company is great but but making it like this is just stupid behavior. Its not based on anything other than imagination - where has teh company said they are desperate? The results are also know as per the trade update.
People do listen to **** like what Chris55 sprouts and they lose money because his just making **** up to suit his view
Chris's you idiot. We know the results so what are you on haha. Mad the stuff you come out with. CFO doing well to extend debt maturity whilst ratesbare low and you think its to salvage results they already declared in November. How do you remember to breathe on your own
You really are stupid. The results are known. They already presented this in November in the trade update which shows the year performance. Start reading FFS
I dont think anyone can be so stupid so this must be an act. Honestly just **** off from here with your pointless ****e
Pandamonia - exactly. It annoys me as they use nonsense or outdated info or make it up
That fool from yesterday mentioned 4,2 bill debt but no mention of the Smarsh deal - ie 400mill. Or the fact that leases will reduce 200 mill in 2022 or so plus FCF. Then also they didnt mention the fact that some debt will push out to 2027! Or in Chriss Clemoc case he makes out it may be a bad thing changing the loan..based on what? Just making **** up to panic people. Many times i have seen people sell up at loss because they listen to these clowns and its just wrong
The figures are bull**** but trust chriss clemoc to jump on them. Honestly why do these shorts bother pretending they have a clue. Good news is one of the hedge funds are reducing since end of Devember so fuxk the shorts
haha fair enough. With shares i am trying to pretend im dead. With MCR at times it made me feel like i did die D:)
Debt should improve shortly. Archive sale is 400 mill and should complete this quater. 100 mill lease payments will be due this year so if they make 200mill FCF it's down 700 mill this year. FCF is the biggest unknown and we likely won't get that info until May.
Sure but the tactics are still bs for us mere mortals. I just think the rules should be changed so that they can't drive down the price in the way they do. Ie strategic selling of shares. Every time there is a buy there is a sell for a similar price keeping shares price down or word driving price down. Look at MCR. Results in July did not deserve such a response.
Bob..results are known. Its more likely the company has made progress in sales which we will likely see the update in May. We may see the cash position in February which gives an indication. Example if maintenance sales are up we would see higher cash generation as maintenance is paid up front and normally in H1 so now...
I don't. A lot of them made a killing here and now it's just greed. The tactics they use should be illegal as they cripple share prices, often in companies with good fundamentals and lots of private investors lose money because of them.
I hope they all have a miserable life
The guy is an idiot. Ignore it and it will go away
AIMOilking - good summary. Regarding debt i remain hopeful that this will reduce quicker than expected.
400 Mill for Archive sale
100 Mill - lease / loan repayments - these need to be paid based on the MCR reports
If Micro generate only 200 Mill FCF in the next 6 months we could see 700 Mill reduction in net debt. This is doable, even with the exceptional spend to reduce cost.
Yeah he is here. He started off as someone called Clemoc on MCR and then changed his name as people where ripping him apart. If you want to join the club your welcome
CHRI5S21 is a fool. Normally when he talks on these boards he is shorting but pretends to be long. He makes **** up daily with no substance.
I made it my life mission to follow the clown and bad mouth him.
Anyone is free to join the "I hate CHRI5S21 Clemoc club"
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