focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I remember being told about this company back in summer 2020 - I did a bit of reading up... and even back then saw that these projects had been reeeeally dragged out and shareholders had been subjected to dilution after dilution. It's own auditor back in 2018 expressed doubt that the company can continue as a going concern. 1st March 2019 A DIFFERENT auditor expressed doubt that this company can continue as a going concern - and has done so year after year....
Looking at this companies "operating expenses" of just under £3million a year.. and then looking at what management are paying themselves... it literally looks like KEFI's operating expenses is just management salaries.
So my question is this... for a company that has raised at least £32million since summer 2018 whilst returning absolutely zero for investors (less than zero if you count the dilutions), and where the CEO pay has increased to over £500k a year - do people continue to hold shares in this company when all they are fed is delays and dilutions??
"it has been mentioned elsewhere, but no one can seem to quantify what
% of PI revenue office based business travel represented pre pandemic."
"How important in business travel to the Premier Inn business?."
I do know that at present, city centre hotels are experiencing a slower start off the line after re-opening in terms of occupancy compared to sites that are located in leisure/holiday hotspots - which are packed out all the way through summer.
As for % of revenue for office-based business travel,.. I'm inclined to say that particular market segment is of far less importance to Whitbread compared to the field-based, blue-collar firms that spend a great deal more time away from home travelling up and down the country from site to site in groups. It's not uncommon for these types of companies to book multiple rooms over multiple nights, as well as allowing both dinner and breakfast to be charged to the account.
Thinking about the profiles of office-based business guests pre-pandemic: how often would a person have needed to travel far enough to warrant a hotel stay and for what reason?? Those that had important meetings on the other side of the country every now and then only stayed for one night - usually on their own. Sometimes the company would send a colleague with them so they'd book 2 rooms...... These types of guest have probably discovered you can achieve the same outcome over a Zoom meeting so probably won't be staying at hotels as often.
Other types of office-based business guest?? My guess is that if they don't have a meeting to attend that could easily be done on Zoom, then they must have a physical need to be wherever it is they're needed - and that is likely to continue to be the case.
So the question as to what % of revenue will be lost to Zoom meetings?? I'd say no more than 8 out of every 100 rooms booked at Premier Inn are because of meetings. Probably less.
at the open.. very bullish sign :)
I was only nervous at £1.30 because of how close to a margin call I was getting and unable to cover it xDDD
Stochastic and RSI both showing how oversold this company is. But crucially, the turn of the tide is looking to be upon us as indicated by the upturn in direction.
https://gyazo.com/2eb95b943154348d1945222bcce9028d
In just the last 5 days alone, close to 100million shares have changed hands in the UK - a full quarter of the companies share float. I think this means we're essentially looking at the changing of the guard.
Given the sheer volume that is being absorbed by buyers at this level suggests to me at least, that this is the new floor.... otherwise know as ..... the bottom. The balance of power between bulls and bears yesterday was equal. Today the bulls are taking over.
Also, Argo is fairing much better today than either MARA or RIOT on the other side of the water.
https://gyazo.com/c3c8bb97bca8844ac73dccc1405c33d2
I think the panic is over. Barring a catastrophic collapse in BTC price, I think sunnier days are ahead :)
So I saw this article... A one site delicatessen in the US,.... $14k in sales last year.... and a near $100m market cap.
Absolutely absurd! XDDD
https://www.thenationalnews.com/business/markets/a-us-deli-with-less-than-14-000-in-sales-is-worth-more-than-100m-1.1205329?fbclid=IwAR2wDy-YZdw-1N-HuDVXyQrWopcTJRj6WXIE_MYgcxxcYtL28YOsmVqaI6s
For some reason I took comfort in reading this article hahaha
@Sniper.. if he's £120k down and having fun.. I think it's fair to say he already is haha
PW was happy to say that we won't be attempting to list on the FTSE 250.. but won't say a word regarding NASDAQ. That in and of itself is very telling :)
i'll settle for £31.85 ;)
"Share price is delayed by 15 minutes"
May have already been said - but the Q&A released yesterday, PW was more than happy to say there were no plans to uplift on the FTSE. Very telling that he's willing to talk about this but not NASDAQ.
Just hope I can keep my trade open long enough to make it past next week and brighter times ahead
Anyone here experienced with hedging at all??
I'm not entirely convinced we're not in for a blood bath on US open.. annnd I'm thinking about just arresting my losses from getting worse and shorting an equal amount to my long... I've never taken both sides of a trade before and I'm nervous xD
Not the first time I've seen this.. I'm leveraged 5:1 and all in on Arb and currently bag holding (stupid? most likely) - just glad I didn't get a margin call because I would have been f****d lol
It's not just us that's down today... in fact we seem to be holding up better than the most!
https://gyazo.com/b5c1c1d63285e7c0627d09f671b31e63
What utter tosh.
Everyone was praising those on this board that had taken profits when the price hit 3 quid. "Glad you hit your target!" "Happy to hear you paid off your mortgage!" etc etc
When the people responsible for making that happen (i.e Peter Wall et al) reap the rewards of their own making, you have people like you tearing them down??
What would you have done? Never ever sold?
Anyone with half a brain knows that markets go up and down. In a classic upward trend, the prices make higher highs and higher lows... just look at a daily chart for bitcoin and take comfort that the next leg up is on the way <3
it's absolutely bonkers... that's the last time I ever buy out of the gate on what I think is good news.
im gonna be getting a margin call at this rate xD
Anyone would think they were just announcing closures :/
What are the implications, do you think richy?