Member Info for ManoleteCustomer

You think he wouldn’t? lol…

Somebody bought 1 share and apparently that means they’re worth 102…

This will get real eventually.

Some days the whole world takes a step backwards, I wouldn’t take it personally.

I think it’s hot a new level, and of course I’d love to see it fly but I think we need some profits. Not much, just enough to show we’re moving the right way. Then it will fly I think.

it’s a ****ty and smug approach designed to foster doubt

“i think it’s going to hell on a handcart - but yoooouuuu must do your own research”

intended to sow doubt in the reader.

Not really.

Banks work on greed and fear, and they’re cutting the lending in this case so it’s fear.

I take your point that there’s probably plenty of people trying to manipulate the share price, but that’s not me, and they’re trying to manipulate it up.

Then there’s you guys all poasting in working hours, like it’s your job or something to keep polishing it.

Good Luck!

Thanks for the analysis Muck.

I’m not sure it really matters if the stick twitches a bit in the short term. The point is that i see this is now aligned for proper profits.

When real profits hit the bank then this will re value.

God you’re a tw-a-t shareabel, what’s the matter, aren’t you getting laid or something?

Surely you got something better to do….

Not sure - I trust me 😳

im probably repeating myself here but i met halley, and to be brutally honest i didn’t particularly like him, and i don’t think he liked me.

but, and this is a big but

i have total faith that he’ll kick the cr** out of this and make it go.

the above is not a job for a “nice guy”, it’s a job for a man who may or may not be a bit hardcore they you don’t really like and can get **** done.

on the basis of that alone i’m in for 20m shares in my sipp.

halley needs to earn, and the fastest way for him to do that is to perform here.

i’m in for the long haul.

Don’t forget the cost base is overhead recovery at the moment.

It you can get additional revenue without adding more costs then the margin increases and each extra £1 is pure profit.

I think that it’s good that we’ve got a direction at least which is positive.

Basically Halley has taken what honestly was a listed shell, cut all the crap out of it so it doesn’t lose money anymore and is taking it off in a slight,y different direction,

It’s a good plan and I’m loving the ride but I don’t think we’re gonna see any serious uptick in the SP until some actual ££ profit hits the bank.

At the point the money hiya however, I think it’s gonna fly. At the point where there is a positive model that’s delivering real results then it will kick.

Sorry what’s EMS?

I had been meaning to comment that this whole thing has probably been planned out by Halley.

He may have made the decision about what to do with the company, how to do it etc.. as long as 18 months ago. The decision, thought process etc could have been made whilst pushing his kids on the swing at the park, drinking coffee scratching his balls on a Sunday morning and he didn’t have to tell anyone.

From there on its execution.

First clear the crap, then sort out the ability to borrow etc, then execute. In the meantime he needs to buy a load of stock without breaking AIM rules etc.

So I think it’s all been planned for a long time.

The thing for me is he’s got 300million odd shares, and I wonder what his exit point is. Obviously the vehicle could deliver a lot, but what’s the point he’d take the £££.. 10p a share would give him a £30M payday, and most mortals would be glad to get out way before that.

I’m going to just watch what he does but even at 1p a share it’s very good for him.

I’m probably going to exit when he does at the same ratio of holdings that he disposes of.

I’m bagging 20M shares so I’ve high hopes for this.

Agreed that 56% is a specific number and you wouldn’t ask for it unless you had a specific objective and purpose for that amount.

It’s looking good. Looking forward to tomorrow’s meeting notes. Shame I can’t make it.

At first HSBC were lending on profit based covenants and then when those weren’t met, there was a big expensive audit exercise and they changed the covenants to cash based.

Now we’re told that HSBC want to exit which implies that the cash covenants are tracking the wrong way. Banks are all very similar in their covenant cover requirements and there won’t be many wanting to pick up where HSBC want out unless the terms are punitive.

.MANO needs £15-20M in the next 4/5 months, or before it’s forced to start to pay down the HSBC revolver.

The only real option I can see is to issue more shares and for that to be a goer they need a load of positive propaganda because in the cold lite of day they’ve never really performed.

It’s a long shot that highly optimistic investors are creating the current upward blip. It could quite easily be something outlandish like existing shareholders selling their stock to each other to pump the price.

Just my opinion..

Lol cry more

Their bankers who can see each and every number don’t want to play ball anymore.

There’s only one reason for that.

That ridiculous article is propoganda because I expect they’re going to try for a rights issue which is probably the only exit.

I need more popcorn.

“The HSBC RCF comes to an end this summer and the company is already exploring its options - which may mean lower borrowing costs. But it currently borrows at around 9.4% and can deploy that capital at 17% returns. Not a bad situation to be in.”

Obviously HSBC don’t want to be involved anymore.

I wonder exactly what options .Mano are exploring?

A replacement lender? Or a rights issue?

Who would want either I wonder.

HSBC aren’t renewing the revolving credit line and if .Mano can’t replace it, or issue more shares then they’ll have to repay it.

Repaying £15M over 36 mo this is ~ £450-500k a month.

At that point it’s game over. Doesn’t matter what “opportunities” there are, .Mano won’t have the operating cash to go after them so it’s game over.

Obviously the previous management were asleep at the wheel / very incompetent.

This has always been a turnaround play.

I’d be happy with a day to day break even pending a new strategy, and I think we’ve now got that.