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I think the companies finances a OK. but the CFO would really be doing the share price a lot of favours if there was clarity on debt managent on the next set of accounts / presentation documents of the same. a bad refinancing at this point could collapse the share price. and that is a plausible risk. Hopefully now the exec team have decided to load the company up with more debt the next account will offer clarify on forward planning measures.
well I have had another look and presently it appears far from convincing.
8p may appear cheap. but what would I be buying?
the debt load versus profit is a concern. to me it appears a bit close for comfort.
I can easily see if RBG had to refinance on less attractive rates they could end up in real trouble. maybe an institutional debt for equity swap.
Current & Non-Current debt are trending down which shows some control and this is a plus.
thius said the business is precariously placed. quarter falling into negative margin will take their toll.
The 8p share price is fair value inmplied the business is presently a going concern.
Really what is needed is a successful Peach launch to realise added profit.
My view is that both the Peach & Revolution brand have good equity of consumer spend and the business could surf a recovery wave well.
My view if Peach doesn't delivery an immediate boost with more to come. the the risk of debt for equity swap is significant. for me to own a full position in this stock I would need to be tracking the ECB and HMT announcement closely on cost of debt. Too dicey and time consuming.
Could look at an underweight positional if next results show margin improvement. I may pay 15p-20p for that. but it would be an investment. Presently RBG is just a punt, and barely a going concern.
day trade
those discount are just standard promotional practise for Boohoo.
you will find these in play all year round if not steeper discounts.
Seen 83% off quiet a few times. these discounts are on the shallow side.
Actually been Dogger could end up being quite positive for this board. The comments are so ridiculous they are easy to ignore. And it leaves the current green box holders in no man's land. With calls of 25o they now look like rampers.
Maybe dogger69 meant it over for him:
dogger69, NMC, 4 Mar 2020 "Castaway yes you win you lose but I've been so stupid. I was in PLUS only last year with an average of 730. I put 92k in. I bailed when I saw MTRO sink and piled in 86k at 357. Took a 30k loss there. I put my last 46k in here at 780 so it looks like had I stayed with PLUS I would be more than 30k up with divis etc i.e.125k. So from 125k to 0 hurts. A lot!!"
dogger69, NMC, 4 Mar 2020 "Yes I agree and I have put in money and borrowed against my own company plus a credit card so I need to pay back the CC and company. It sucks big time. I should never have done it, I know. I NEED this to come back otherwise I'm as good as finished"
dogger69, NMC, 5 Mar 2020 "I really need this to start trading again guys. What hope do I have? Not paying their staff only means one thing to me. I'm finished"
dogger69, NMC, 10 Mar 2020 "Hi guys. I have lost my entire life savings here but I have a lovely family so I walk away with them and my health. No more shares for me. Best of luck to you all"
dogger69, NMC, 10 Mar 2020 "Like others have said I too am finished. Lost all my savings and it feels hard to go on. I will never invest a penny in shares again. FTSE100 stock too. Never again!!!!"
dogger69, NMC, 22 Mar 2020 "I'm praying for a good outcome here as I have all of my savings invested here! Over 50k"
dogger69, NMC, 1 Apr 2020 "deos I managed to get out of MTRO at circa 215 to take over a 30k loss. I think we've lost our entire investment here due to the crooks that were running thr Company. My luck with shares has been disastrous and this has wiped out my entire pot. I had 90k when I started out and now have nothing. I'm done. What makes it worse is last June I was in PLUS with a 90k investment at an average of 737!"
dogger69, NMC, 5 Apr 2020 "The thing that I'm struggling with is I had £92k invested in PLUS last April at an average of £7.37. Then I sold at a loss to jump into MTRO where I lost £35k, put the money I had left into here and come away with nothing. Had I have left my investment in PLUS I would have £135 in addition to the dividends they pay! Devastated to say the least"
Dogger69 maked a big entrance:
dogger69
Mon 16:09
Posts: 738
Price: 34.75
No Opinion
I can see this one going down to 5p. Nasty, sucker stock. Stay SHORT.
3 users ask for an explanation; Dogger69 comes back with:
dogger69
Today 18:06
Posts: 738
Price: 34.75
No Opinion
It's over
Dogger69
What is the rationale for your 5p target price?
Have you considered heading over to Cineworld.
Theres a collapse on the cards there. Currently hovering around 5p, and the holders go crazy if you suggest it's going bust. Could be right up your alley
60% up versus Christmas day.
Unfortunately magic 8-ball says differently ...
https://magic-8ball.com
Moving aside Jongle there's a new expert in town.
Dogger69 taking it to the next level!
Recessions favour economy brands & retailers.
OK so cash position showing as 430M of cash plus equivalents to Jul22 per accounts.
Net Debt at 341M.
when do PFC release their next set of accounts?
Can someone help me out. It's on my watchlist but am swamped.
What is current net cash?
T4G
within reason a short skirt can be a stylish fashion choice for ladies.
if you are triggered by a short skirt into some type of emotive state you are the problem.
exercise self control.
The problem is not with the troll; the troll enjoys what they do, even if their participating is obviously very silly.
The problem is with people who give these people the time of day. If you know someone's input is a complete waste of time why drag yourself down to their level? I have asked this question, and of some users and the reply I got is tha they find it difficult to ignore trolls.
Ultimately the problem is with the person getting trolled. Not the troll. The troll knows this and will keep going for no other reason than it makes them happy.
2 questions:
- who is the more foolish: the fool or the fool who follows him?
- why not just use filter?
if you are finding a troll anoying; you are the problem.
there were a few users a couple of months back. shouting a dozen times a day.
''they know something''
cant remember the names of the green box owners.
but we now are starting to know what the short sellers know.
They know how to open a short position on a stock with a beat down price and then close it at a similar price, exposing them to small profit or loss.
'it could go lower. they know something. what do they know.'
lol. bunch of muppets. no doubt they have all jogged on to find another share they dont quick believe in and educate everyone about all their concerns 10 times a day everyday.
I have to say since the get go of elevated open short positions I have been confused as to why they exist.
At no point did or do I undersdtand why the positions were being opening so low.
Sound of these must just about be closing at a loss?
The Boohoo business, even with the macro-exconomin climate, dont seem to present a viable/profitable short selling opportunity.
The only thing I can possibly think of is that several investment houses decided to act as a cartel & create some type of arbitrage opportunity.
the real talking points here are that guys haircut and t-shirt.
was he dressing down? or is that just his look?
Im sure there is a lot of truth.
so what?
all common practive in many UK employers. Fact.
Its easy to make & then report unevidenced assertions.
Much more difficult to sufficiently evidence such issues. again, all very standard & and in now way unique or rare im afraid.