Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Personally I dont see a rights issue, the share price is just too low.
Id say PFC will either get through on same capital structure with more debt or a institutional placement will partially or completely wipe out retail investors.
very very difficult to say which both in terms of how cashflow lands for PFC and how same simtuations have played out over the past few years in the UK.
really concerning to read views that state the company has a future because of the order book.
yes, thats right, it does.
but that in no way impacts the capital structure or whether the current structure can retain creditors goodwill or cashflows from this order book.
best case scenario for me its a coin toss as to total wpeout for shareholders.
although the open short positions would suggest the city view is far more negative
The short positions and share price action imply total loss of investment as a realistic outcome.
please note Euromillions has low entry cost with a high upside potential, maybe your more of a Thunderball player?
In my view this looks odds on at this stage, the market apprears to agree
key board warriors fancy their changes based on new contracts, unfortunately mums the word on how those cashflows will land.
Its pretty concerning to read LTH voice a positive spin, and comments that the company is worth more.
Yes it will be worth quite a bit more if it can stay in business without dilution, without being sold at a premium to the current trading range, or without being sold out of admin.
the price and and short positions clearly imply the company will go bust or some similar outcome. and the nature of its finances mean its next to impossible to understand if the company is a going concern.
those interested in PFC might also find the below opportunity attractive:
https://www.national-lottery.co.uk/games/euromillions?cid=ppcgo:pb:txtl:_:pp:em:pl:_:emro_BAU&gclid=CjwKCAiApuCrBhAuEiwA8VJ6Jv8VJZhGvkxEL5KcrI7nobjALl5q9TnAweJNbBdHZX3qZWWqPe-ZjBoCercQAvD_BwE&gclsrc=aw.ds
Still think its on the cards
but tat this point who cares
opaque reporting structure, consistently reported losses
is this business even still a going convern, very difficult to tell.
20s immanent?
This is the most negatively worded going concern statement Ive read for a while:
The constantly changing economic
environment, including the cost-of-living
crisis, increasing costs, and impacts on guest
confidence, coupled with forecasting
difficulties as a result of constantly changing
economic impacts means that the Group
cannot be assured that it will not breach the
covenant, and that there is therefore a
material uncertainty over the going concern
of the Group and the Company
I would be surprised if the company isnt being floated for sale
Pipeline is thew right word, although I have my concerns.
Im sure there are a few worried holders heere, and frankly total loss of investment is a possibility.
that being said I would say that the user Dogger 69 is reknowned troll on LSE and all users should feel very at ease ignoring ever post made by this user, as it is a trolling account, I have to admit im extremely surprised it is still active.
that being said it is definetely the pipeline which is the issue, contract tenders and strikerating and trunaround time were the reason I stayed out of this. I would be a bit surprised If PFC avoids being sold out of administration but here to it beating the odds stacked against it.
The answer is obvious?
they are all about to get ranged into store.
MA needs to take a shareholding to keep him honest.
leased brand environments are the new big thing in the UK have been for a few years now too.
going omni channel?
MColls was an interesting one, they did a £20M rights issue, to roll out a Morrisons branding expansion.
Then got bought by Morrisons. sho the shareholders paid for another businesses ambitions, and trhen took both the future and the money. It seems to me that is a business needs to be sold, whether it goes into admin or not in large part may be deptermined by who wants to buy it. if the only viable suitor says the finances are distressed, then there are. even if the business trading within anticipated going concern conditions.
Link
This is where i think LSE gets it wrong.
tradey choose to take on the trolls single handed, felt the need to address every post.
it became obvious that the extremis nonsense spam of a small number of users was getting to the user, no doubt becuase of a substantial share holding.
in my view any extreme views should be banned on here, as they do influence trading positiions. especially when the user spams the board for hours a day.
For me ...
the biggest opportunity & risk isnt solvency or recover, both look very positive.
the biggest risk is a sale lead by Mike Ashley. he's already in talks with Shein, what else will they talk about?
Exit packages could be negoitiated for family members on terms. Mike gets double bubble & distribution terms.
Shein get UK & US brand & presence. Why be surprised, tis the season for M&A.
Right time to top up?
The only thing the trolls have ever said is look at the share price, and why are there shorters?
thats it, and this accouint for 99% of all posts over the last year.
what intrigues me about the Boohoo trolls is that even conserative evidenced comment is called ramping.
a couple of them that claim to have no investment have been here for years now. years. posting for hours a day.
people are allowed to have an opinion but you really have to question the behaviour of someone who commits years of their life to something they have no involvement in.
Called it ;)
Don't knock the plus size customer people, they pay exactly the same as other customers. Great visibility and credibility here for Boohoo stock a wide range of clothing choices.
My question is was this free or paid publicity?
my honest opinion is that shares in Boohoo are worth more than that are currently trading at.
£1 feels about right.
As Bank of America noted the current share price implies the business is in the cusp of collapse.
If Boohoo management can demonstrate to the market that the business will not fall into administration that the share price will re-rate.
It is dificult to say exactly what the market would view at sufficient demostration of this or when Boohoo will be in a position to demonstrate this. In my view the cost headwinds remain the number 1 threat to Boohoo, these are by definition transient in nature implying underlying strength in the Boohoo business, but cash is king and if cost headwinds dont ease soon enough the share price could decline.
the comment fromt he CEO of Boohoo on cost headwinds is that they are starting to stablize.
thats the race how quickly can Boohoo reclaim is strong demonstrated history of reporting net profits as compared to how much operating capital the business can cheaply source.
could be a centralised buying function comanding deeper cost price reductions.
either centrally within boohoo, or as the result of a looming takeover bid.
a few better cashed up US companies are circling quite a few UK businesses at present.
As was with thew case with ABG & Ted Baker.
all speculation of course with no evidence at all to confirm, but a centralised buying function could play well.
john hulme
you dont really believe any of this slavery nonsence do you?
if you will pardon me for saying it you are drawing attention to yourself as being very silly.
Many UK PLC's pay minimum wage, I'm sure Boohoo has workers in that bracker in their supply chain.
Where the rubber tends to meet the road it when pay sheets are filled out correctly etc, human payroll error, specified cost impairments to wages, etc
all of these could impact the minimum wage aand wouldnt be a company sanctioned or systemic issue.
many many UK PLC will pay below the minimum wage because of issues like this.
Also if I may suggest to you that such silly suggestions would also really influence very stupid people.
Do you think the Boohoo management are very stupid? Do you think LSE users are very stupid?
If not? why bother will such sillyness. Im such you are not a silly person, but goes you are doing a great job behaving in a way to make people think that way of you.
Good luck.
£15k .......
Oh dear.
Embarrassing.