Member Info for MaryBr190

Cash position was the bit I picked up on too.

Grim as first feared so adding on drop, will wait for the 2nd or 3rd wave and go in gently.

GL

the volume on Friday was double / treble the average

06 Mar 2023 504.80 517.91 502.20 517.60 517.60 1,804,301
**** 03 Mar 2023 491.60 508.30 483.19 505.00 505.00 8,869,562 *****
02 Mar 2023 490.00 491.60 482.00 484.70 484.70 3,515,718
01 Mar 2023 485.00 492.80 483.23 492.80 492.80 2,843,893
28 Feb 2023 492.70 492.70 480.60 486.40 486.40 3,172,184
27 Feb 2023 481.60 494.60 480.50 491.90 491.90 5,451,699
24 Feb 2023 490.60 495.70 472.27 476.90 476.90 2,745,789
23 Feb 2023 478.00 489.90 475.60 489.00 489.00 2,700,324
22 Feb 2023 479.80 479.80 470.27 474.10 474.10 3,237,969
21 Feb 2023 489.00 494.70 480.91 482.00 482.00 3,496,617

anyone wanting to bid for EZJ will need to get their skates on.

A bit of balance for the "BOD benefits"

The LTIP are just aspirations and brilliant if they are achieved. We all wish for that. the incentive is definitely there.

In reality, these will be updated and revised to diffeerent prices, levels and terms over time. Many companies have these incentives, some are met and beaten, some are not.

lol true - guess I think the 6/7p range is safe to hold.

topped up again, 8p downside 85p upside.... hmmm.

Hold4Gold

slow and stead wins the race but there will be dips ahead to buy in lower. Shocking the capital destruction here.

I noted the positivity even went as far at this phrase in the news report....

effort ! we need an activist on the Board to shake it up.

----
The disposal is part of the company's effort to "rationalise and focus" its portfolio, it said.
----

all will be fine when China pay the $50 trillion virus reparations to the West.

plenty of other opportunities - if only we had crystal balls. as a holder , content with the results.

firesale not filesale. Buying dips and trimming but what an effort with this one.

Filesale and cash crunch looming

Looking hard - nope still not seeing the positivity. TBH Surprised it is not revisiting lows again so grateful for that.

But seeing
# sold for £3 ! and still keeping the guarantees ! and woolly words like certain limited counter indemnities / limitied undertakings. Not my idea of a clean sale.
# risk of breaching covenants yet offering guarantees
# not buying the unique and valuable business junked for £3, as it enters a growth phase - seems like a firesale?

James Fisher (extracts RNS)
# announces that it has sold the entire issued share capital of James Fisher Nuclear Holdings Limited and related properties. For a nominal consideration of £3 ! - the pirce of one James Fisher share OMG.

# these guarantees will remain with James Fisher following completion of the transaction although certain limited counter-indemnities have been put in place. The Group has also received certain limited undertakings and information rights in respect of the principal parent company guarantee remaining in place following completion.

# an unsecured loan of £1.2m which has been made available by the Group to JFN will remain outstanding.
# anticipated that the amount outstanding under that loan will be repaid by JFN shortly after completion.
# In addition, the Group will make a secured interest-bearing term loan facility of up to £3.5m available to JFN.
# for a nominal consideration of £3. As a result of the transaction the Group will impair the value of goodwill and tangible fixed assets associated with the business in its results for the year ended 31 December 2022.

Commenting on the sale, Chief Executive Officer, Jean Vernet, said:
JFN has some valuable and unique capabilities.

Trading update for the year ended 31 December 2022
The Specialist Technical division experienced a disappointing year, with JFD at a trough in its long-term projects cycle and JFN, which will be reported as a Discontinued Operation, reporting an operating loss following ongoing project challenges.

For the year ended 31 December 2022, the Group is expecting to report revenue from continuing operations of c.£475m (2021: £442.4m). Underlying operating profit from continuing operations is anticipated to be in line with 2021.

# Net bank borrowings at 31 December 2022 were c.£135m, with the Group expecting to remain within its banking covenants.
# The Group has commenced discussions with its lending group regarding existing borrow which have maturity dates ranging from October 2023 to September 2024.

Notice of Results Announcement
The Group's full year results will be published on 28 March 2023, two weeks later than had originally been planned, reflecting the significantly higher-than-normal levels of recent corporate activity and consequential impact on audit timetable.

and up it goes lol - aren't markets wonderful.

What is going on - looks like a basket case - probably rally up 40% lol.

Shocked to be honest... kept all the debts godwill impairment and projected losses.

280p or £5

Adding on weakness sub £3 / £3.20.

We all know what happens when shares are in demand.

…. …|
... ..../l\
... ./…. \
.....|==.=|
.....|..W..|
.....|..O..|
.....|..O..|
….|. D...|
….|£3+.| * looking like lift off in the next few weeks as the deadline approaches
.....|.. .. .|
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.....| …..|
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..../|#||#|\
.../.|#||#|.\
../..|#||#|..\
..|../^||^\..|
..|./.^||^.\.|
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.....(VVV)
......(VV)

contrarian investing works well here.

more upside than downside and great entry point.

may be the turning point hopefully.

In it to win it.

Tanks I double, soars I trim.

Works well in chopping averages. Who knows what will come first.?

When it pops £3 they can always double down.

Yes nice ride up from 119p, popping £2 Monday and more. Have been trimming holding rest for gold. Dip buying, very comfortable.

https://www.thisismoney.co.uk/money/markets/article-11820095/North-Sea-energy-producer-heading-2-2bn-profit.html?ico=mol_mobile_moneymarkets-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Fmarkets%2Findex.html