Member Info for LoggyLogbot

"OBR forecasts are not too accurate"
Hi MV, the point was though that you need to at least show your workings. At the moment, every time either LT or KK get a difficult question, they answer with "We are aiming for growth" - we *know* that. The market needed to at least be shown how the changes they were attempting to put in place could be funded.

The first big mistake of all was not getting an OBR forecast. The second big mistake was more borrowing at the same time as removing the 45% tax band and not realising this was going to cause a (understandable to me) backlash. A backlash is something the media love and they won't let go. Truss is on borrowed time, already, which is astonishing.

Agreed - their involvment was a catalyst to GGP moving forward.
We're in the December quarter now - tick tock!

Link:
https://www.londonstockexchange.com/news-article/GGP/proposed-placing/15599739

One thing I did read in the placing RNS ( and it links in to what Doublehun said about lock in period) is that within the "Representations and Warranties" sections there is a load of stuff about the placees requirements:
"By submitting a bid and/or participating in the Placing each prospective Placee (and any person acting on such Placee's behalf) irrevocably acknowledges, confirms, undertakes, represents, warrants and agrees ...."
In points 24-27 of that section there is stuff about not being able to sell in 6 months from admission. But there are many caveats.
I'm not brilliant at interpreting these things so it's probably worth reading first-hand.

Hi CJ, I would be pleased with that answer but 'm not convinced - the voting rights went down too, from:
138,800,022
130,300,022
You would expect that to stay the same?

Steve Bruce & Sharky Bruce both gone on the same day?

Jiffy: "if you really want to buy some shares in GGP now is a good time to do so!!!
IOT "bought in lower than this,but every day,it's getting closer"

Why didn't you sell, IOT? You fear the worst scenarios possible and you didn't take a profit.
I wouldn't trust your advice.

IOT. - whatever happens with this company, you always have some nightmare scenario that you put forward. Follow the simple rule of only put in as much money as you can afford to lose. For those who feel this project is substantially derisked, buy more. If you don't feel that way, sell or don't invest.

Volume increase on a news day

Yep!
By the way, when I 'wrote' "Just sit tight for a couple years and the benefits will come. Hopefully back at 30p this time next year!" I wondered whether Plode recognised it as one of his/her own comments from June last year?

"Hopefully the corner has been turned after 2 years of pain..."
Just sit tight for a couple years and the benefits will come. Hopefully back at 30p this time next year!

Don't want to speak too soon, but the SP appears to have consolidated in the 9s...

Agree.

Now looking forward to a positive FS, rather than the constant FFS in the last year.......

As well as gold, does your group also trade in very small quantities of sodium?

Just ticked up now Freddie so hopefully it can hold

Ha Freddie, finally finally finally the SP is on the up and you're disappointed instead with the volume!!!

looks like a GGP chart of old!!

That's less than the drop in the value of her ARKK fund in the past year.

I'm going for 8.40 at the end of the day. That's my first prediction in 2022, and maybe my last....