Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Wilko also filled for bankruptcy. Their stores got bought out / bailed out by B&M.....
I know... Cine is water under the bridge... But I thought they would have had a similar fate.
Fingers crossed in relations to any fruit from the ongoing UK law suite !
Can someone elaborate the relevance of "notification of. Share consolidation" at this point. Also point to the web link for more detailed info. Thanks.
Any lawsuit Updates ?
I get most of your points. But the bottom line seems that after reading the provided docs that you banking on the current downsizing / rightsizing (cutting the fat) and focus on operation
excellence, in order to push the equation Rev - Cost = P/L ?
From my side have not seen any recent financials to tell us if the plan is working or not. And still
waiting for the stock price to take off. I think we have an earnings / financial call soon?
Anyone else worried about the down trending in stock price? It appears that the
buyback did not have an impact on shareprice??? If we do another dividend and then
consolidation, I suppose we will still be near the current price, but with less shares.
Hope we are on track to meet the criteria.
The only way I see a share price increase, is if we get sold.
Lets see what progress the shareholder suing in the UK courts produce.
Any updates from the legal challenge? Who is the UK law firm that is representing shareholders?
What are the issues that will be raised and challenged?
Wolfie..."you're" always quick to comment. (caught myself this time.... :-)
You see Wolfie... just because something is legally right , doesn't make it morally ethical.
Change does not happen unless noise is made and politicians are engaged. How long will the
people put up with Companies screwing over shareholders, while given a fresh restart to recoup ?
I am a US citizen and have written my local legislators to start discussions. What went down here is not right. Change is needed.
I took and held an "L" this time, but something about this just doesn't sit right with me.
As previously mentioned, lesson learned I lost a lot of money, but the interesting thing was....
I actually did not have to get a second job.
I actually got a new job with a base pay of 160k plus benefits. This was literally lambo money
I was trying to flip, but ended up on the wrong side. Literally only 1/5 of my overall portfolio.
While a significant hit, not that disruptive, big picture.
I wish the best for everyone else and hope they take the lessons and move forward. S&P 500 ETF is the best way to go!!!! It's boring, but steady and slow, and has an amazing historical track record.
And for the record, I am still down to pursue these CINE A**holes in the UK courts. A pennies on the dollar settlement would make me whole, in reality, as I came in on the back end.
When your plan fails, and your back is against the wall like our current situation for LTH's.
The fight will continue in the UK courts. The only thing to do now, the only option is to STAY HARD!
It was nice chatting with you guys.
Dean, besides final approval of the deal, thus killing the stock, what other possible outcomes are there? IT seems like you see a possible hope?
"cost tails" ... you mean "coat tails"..... come on Wolfie ... your better than this!
LOL
wolfiee.... its clear that you did not go to law school. they call people like you "lay men", which explains why you cant see the legal issues / challenges.
there is a separate board that lth's are on and are pursuing this. nature is taking its co****.
just remember, it was said that cine was hopelessly insolvent. but yet there is 32 million for the bod's. they were paid to go away without resistance.
(Posted on another site).....
It isn't over yet for those that hold shares.
Hello Mr. X,
We have 2 firms that seem to be interested in taking our case on a no win, no fee basis. We will be meeting with one of them again on Tuesday and hope to meet with the other again soon after.
At his point, the more shareholders we have working with us, the better so we are also trying to reach out to as many large shareholders as we can to increase that number.
Now that the matter is with the high court we also plan to write to them to make them aware of our grievances.
Anything you can do to help us locate as many large shareholders as possible would be helpful.
Anyone interested please email:
christopher.caruk@pegasus-consultancy.co.uk
Give name and your share holding and wish to fight against the loss
The judge said CINE was hopelessly insolvent. This should be a crime.
We still have the legal challenge filed with uk courts.
Wolfie.... send word to Mooky, its not even close to being over for us LTH's !
Whats next ????
Reports that a single, 58 year old man watching barbie 8 times a day at cineworld plymouth, buying popcorn and haribos before each viewing to try and recover cine's profits.
Wolfie.... was that you ?
:-)
And also to mention in its current state it may be "hopelessly insolvent" as the money coming in cant float/cover all of the current operating costs, plus the debt.
But very hard to understand why a deal could not be structured that allows for the debt to be written off and the shareholders stay on in some capacity.
Once the debt write-down happens, pretty sure the revenues coming will be enough to cover all operating cost, AND the new lowered restructured debt.
Dean, how in the world did the judge try to protect the shareholders? Protecting us would have been to allow us to have a shareholders committee and to at least let us get a third party valuation. This did not happen.
All the money going out to lawyers and to pay Mooky and BOD the 32 million??? This does not make any scene. Lets hope the legal challenges gets launched soon in the UK courts, and lets hope for some kind of remedy.