Member Info for lsetown

Yes, I saw that. A strange sentence that seems a bit cut short. Take out the first request and it would read:

"We also hope that Duncan will bring us more."

lol. What does that mean?

Pumstock - which do you think will happen?

1. Chrysaor sign with Navitas
2. Chrysaor don't sign with Navitas

I personally think 2. shows more willing from Chrysaor.

I wonder how the indebted chains are going to close their restaurants?

Will Fulham Shore be able to pick and choose and buy them one at a time or will the chains want to sell in a chunk? It must be a very interesting time, but I do hope that we can pull a big rabbit out of the hat. Now must be the best time for us to expand.

Something struck me today. There are currently about 460 shops and there are 50 million shares.

So, by dividing shares by shops, you could say that 108,696 shares gives you the profit of one average shop.

Looking at it in this way makes it appear a very cheap proposition to me, especially as there are none of the extra liabilities that you would have if you actually bought a shoe shop.

Imagine if they could get back to a 19.5p per share dividend in 2024-2025. The current share price looks cheap to me if you believe ShoeZone can step forward in the coming years.

DYOR.

Maybe the Israeli connection might have influence.

I reckon there is a good chance though that Chrysaor take control of Navitas's 30%.

I bought some earlier at 51p - I know what you mean about spiking though. The Market Makers often don't offer a modest quote to buy - I think it really just forces stop losses at low prices.

Yes, trader spivs who turn on their heels at lightening speed! What are all those 7 and 10 and 25 trades etc!?

I'll just scuff along here I think.

Perhaps the drop can be explained by Janus Henderson Group plc selling up?

lol. Was that supposed to be Hayley Curtiss?

My 60p purchase was a bit premature.

Luckily I bought some more today but I'm on my uppers here.

A nice round number of 50 million shares here.

Do they keep it that way? It's refreshing if so.

But where is this trade shown?

As far as I can see it never happened.

Where is that shown? I can't see it on LSE or ADVFN.

I stomped on this yesterday at 60p so I'm under the heel a bit but am but hopeful that we can kick it out of the park in the coming days!

It's quiet John but I personally don't reckon it's time to sell. If Staffline can turn this around in the new Covid-free world of 2021 then we are cheap. I am hoping to be able to ignore these shares for a while yet.

But we may not know if any of the BOD has bought for a day so as the RNS can be delayed.

I have been in and out of this several times - I can see the upside but am constantly fearful of the downside.

I reckon the Guarantor loan idea is ingenious. Amigo charges a credit-impaired rate of 49% to the borrower, but a guarantor will step in if needs be - and the guarantor will often be much more creditworthy. If the guarantor were borrowing on their own they could often command much lower interest rates.

That is where this company has made good profits - they have been able to reduce default risk but continue to have a high interest rate to their lending.

It seems strangely like PPI to me. The borrower (and guarantor) are paying to protect the lender.

I'm still interested here though and am looking forward to the results this week.

It's only been a month or so since the second successful well. New Age may well change tack.

I am hoping to hear they are expanding into those debt-laden defunct restaurant spaces soon!

They have the right idea - quality produce at great prices.

To add I think there are several hundred million share options of 1p+ to add in if we get there. It's not ideal but the cash will be useful if we are stuck in the 1 to 2p+ area. I seem to remember thinking around 1.8 billion shares was tops - but I can't be bothered to check again - lol.

We just need a few things to go right for us for once and we will be set!

2p is around £25m which isn't that much and is especially cheap if you believe in SA.