Member Info for MarkBellUK

Clintek you need to aim lower with Ammu analogies

Bladey I wouldnt be surprised if they are the same person on mutiple login's. Short crew

Wood Group up 3.5%..this is just getting played. Dont sell cheap

Shorters day out on here ;)

Specifically which technicals?

Yrab this is exactly what's happening in tandem with the shorters. Unfortunately the rabbit very rarely beats the tortoise in these situations

Its called fishing for stops...suck up the weak sellers

> What’s the debt/ liability like ?

About the same as your medical care Ammu ;)

Panda again you need to check your sources. IMB forecasts a 75%! drop in revenue this year???!!! (by 15 brokers with a $10.3Bn Net Debt)

And I guess as a result of Gladstone reducing Friday, in response "dirty Sylebra" have today sold off the rest/some of what they had / have left of their borrowed shares

The monday manipulation of this stock is dreadful..see previous post..looks like we have bounced off todays bottom and hopefully form some sort of recovery before close...still looking at the chart it wouldnt surprise me if we are seriously green the rest of the week..crazy

AK we already know the Rev (-10/11%) and Net Profit will be down but its already more than priced in

DonMac (MACD?) Debt is an issue not a problem..well managed Vs EDBITA BUT that's the trade off VS Share price -57% off 52 week max & very undervalued in an very overvalued sector with good long terms prospects

Panda a few points IMHO DYOR

Much better options than IMB (rev drop $32,562m 2020 Vs $8,812m = 21 & $10.3 Bn Debt)
APAX CMC BDEV PLUS CRH KGF POLR PETS IG KLR..LOTS!
but a good day to top up on MCRO (even if you wanted to get out pre results)

Paddy Im clueless on BP & RDSB but here's what the pro's say
"BP, which reports tomorrow, recorded an $18.9 billion loss in the first nine months of the year after cutting its long-term oil price assumptions, triggering the write-offs. The fourth quarter is expected to have done little to offset this, with underlying profit forecast to be only $370 million, down from $2.6 billion in the same period of 2019. That reflects that Brent crude averaged only $44 a barrel, compared with $63 a barrel a year earlier.

Shell, which reports on Thursday, booked $15.4 billion of losses in the first nine months of the year, driven primarily by lower near-term price assumptions. Analysts forecast underlying profits of $600 million for the fourth quarter, but Shell has warned that it will book between $3.5 billion and $4.5 billion of further impairments and one-off charges this quarter. That puts it on course for a loss of between $18.3 billion and $19.3 billion."

Panda a few things. .>MCRO is definiltey not a value trap, IMB is superb value but is 25.7% off its 52week max

And most importantly IMHO never sell an asset because the grass is greener on the other side. Sell an asset because its time to sell the asset regardless of what else is on offer (same with buying)..you may well find the grass on the other side tastes worse than it looks and where you've come from the has grown nicely (I have made this mistake many times)

Hi Opul

I was speaking from my personal perspective. 2.7 would do nicely but I would always give preference to reducing debt Vs Divi, especially considering Divi cover should be >1 (greater 2 is viewed as healthy) so 2018 @0.058 personally I dont think is prudent. Either way the debt is managed and we are stable, but debt reduction = less interest = offset reduction in Revenue (if that happens)

I agree with Panda if the leverage multiple >3 to EBITA I would reduce debt in precedence of a divi . If they can get it to 2.5 or less than maybe a divi, but the company is looking far further forward than even yearly movements of its share price

Debt IS being managed well but if they can rein it in significantly the SP will fly long term

PS Dividend cover has been far too low for too long IMHO 2017 @ 0.544 2018 @ 0.058

LOL put a chart on candlestick's and look at the "chart of mondays" 4/1 11/1 18/1 25/1 1/2" ridiculous!

Definitely 5% down a volume of just 139,252...tree shake for the weak?