Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
T4G
I actually started laughing reading this thread.
'eye watering debt shrouded in secrecy'
'firesale'
pardon me dear sir / madam I regret to inform you you have absolutely no idea what you are talking about.
Really?
this is just getting silly.
now we have new comers who are intrigued by the low share price and history of share growth come on here and start raising what they thought were insightful concerns.
guys a girls, a polite request for new commers:
- If you are going to raise a concern have you done your home work?
there are a few very well informed holders here who will just shoot you down every time.
you may end up looking stupid, something to consider.
plain and simple this thread is a farce.
I used them once.
flawless delivery system.
I was impressed.
https://www.ft.com/content/e10af296-000d-4544-b8d9-f45514a417dd
hospitality & retail are two biggies for this narrative
Im sure other will be able to point to other sectors
I would also say the say the Time reporter replied the the factory manager was arrogant & disrepectful.
companies have every right to put in place performance metrics. when the times report was told he wasnt doing his job well he just said 'OK' and then resigned, which sadly I know for a fact it the attitude of many workers.
I wonder if Boohoo can start using apprenticeships. (much lower waged training rolls back by the government)
cut those fat wage packets right down!!!!
the quality of this investigation is on a par with a childs school project.
'must try harder next time'
https://www.lancashiretelegraph.co.uk/news/23147553.boohoo-denies-slavery-claims-times-investigation/
(under cover video included)
It was really interested to hear from the times reporter in the video that the reason they completed this investigation is because there has been complaints. the concerns raised here would be typify same/similar industry roles in the majoirty of UK companies, and are in no way exceptional of this wider narrative.
I can think of quiet a few PLCs straight off the bat where it its evident that companies are engauging systemically in same or worse.
I would say it's a witch hunt, but its not even a very good one. The peak temperature were communicated out of context down to a heat wave, and average distance travelled was much less trhan reported. The evidence of 'racism' is speculative at best.
Comedy gold again from Dogger
Total collapse in share price predicted today by Dogger.
1.58% share price decline realised.
Key markers I will be looking for:
- net margin
- sales growth
- net cash/debt
the lesson to be learned from the Cineworld collapse is that for a business to realise the value in future cashflows it needs to have sufficient liquidity and meet its debt obligations sufficiently well to provide confidence to the market that the company is a going concern.
as CINE collaspsed week after week shareholders were always able to point to a plausible solvency story, and the directors assessment of the business risks to the business being a going concern appeared well structured.
also a valuable lesson in group dynamics with most long term holders laughing at the Cineplex courtcase as baseless, and something that wouldbt impact the company.
I always will remember one partocular poster who joined the group a couple of years back then started posting hundreds of post every day saying the price was about to pop. 1 week after joining they sold their holding, admitted that had invested way to much & could afford to loose money and left the forum never to be heard of again.
Looking back RBG demonstrates a track record of making losses.
This being said debt is tracking down incrementally.
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.