Member Info for Medjed

Hmmm, M&G are a £5b mcap company

Peel Hunt a £88m mcap company who lost 50% of their value in the last 6months.

Maybe Peel are just gambling after all, they seem to be in a bit if a desperate situation themselves.

Lol I moved it with a £244 buy.

They would need a hell of a lot higher sp to get any kind of meaningful placing away. Remember they only have the authority to dilute by 43% without a EGM

I’m wondering will they have enough liquidity to pull a sly dump on us now

It is only around £30k, but very interesting.

Could it be a Peel punt? :)

Do they even do punts?

Change your broker, that’s a terrible spread!

On IG it is 0.035 to buy and 0.0326 to sell, ‘only’ 7%

That’s not a recommendation to trade, suspension RNS could land any time.

Thanks Steve, getting back to a £23m mcap would be amazing.

I just looked up what the mcap was last summer around June time when sp hit 1p again. Shares in issue were 417m so MCAP was £4.17m

Getting back to £4.17m would be good for starters.

“ Levy has put in hardly anything ”

He did provide a $250k loan, so you could say that he’s put in 20% of the current mcap. Fairly substantial no?

Not true at all. Lets look at a d4e or rights issue scenario where there is a 200% dilution, ie the new share float becomes 2b shares (currently 0.667b)

With hugely reduced debt, and possibly break even FCF due to reduced interest payments, the market cap swiftly returns to £1b which was last years market cap including the current debt (so could surpass it)

So even if existing shareholders do nothing, don’t try to average down, the share price should return to 50p+ (£1b/2b shares)

Even if dilution was 300% with new float at 2.7b shares, the share price should return to 37p+

Even at 400% with 3.4b shares, the share price should return to 29p+

The EBITDA is strong at $460m+ ( add on the new contract wins)

The revenue is strong at $6.2b

Check out Zak Mir's youtube channel. He's predicted some 10+ baggers recently.

MET1 (13 bags)

CPAI (14 bags)

and some multi baggers

RKH

MKA

TRLS

VAST

PREM

FPP

EUA

And generally good investments like GGP etc

"Go big on AIG Airlines won’t go wrong"

Do you mean IAG? International Airlines Group?

Here are some facts for Laura and others who love banging on about PFC

All 2024 figures

Worley: revenue $7.4b, EBITDA $480m, debt $1.32b

WG: revenue $5.7b, EBITDA $450m, debt $1.1b

PFC: revenue $1.24b, EBITDA (-)$374m, debt $622m

Yes that’s negative EBITDA for PFC!

But don’t let facts get in the way of some good trolling :)

Better stick to PYC ;)

Laura Worley has higher debt than WG at $1.32b and they are flying. And they both have almost identical EBITDA.

It is these accounting issues and covenant breaches that have temporarily knocked sentiment in WG down.

On IG there is still a little hammer icon next to WG 🔨

I hope this is a good sign?

Good luck and all the best all genuine holders!

Wohoo! 🥳 🥳

That’s more like it, thanks for that!

I wish I did buy VAST instead of WG lol 😆

I’m only holding because its 90% institution held. Even if Sid bid falls through and there is a rights issue/refinancing the institutions would only agree if they see a future recovery.

As I said before even in a terrible scenario of lets say tripling the shares in issue, with debts cleared and strong ebitda mcap should recover to at least £1b which with 2b shares is still 50p a share much higher than Sid bid

My guess is before 30 June waiver extension

Thanks. I just tried barclays, that works. Just funds in the wrong place in IG lol.

Has anyone else bought FPP on IG?

It won’t let me buy saying “this is a complex instrument and cant be traded on your account”