Member Info for Paddyboy1

Scavenger, i think the risks of this going bust are very minimal indeed. This is not an AIM share or anything like that although i know it sometimes feels that way. For me yesterday's stuff was quite reassuring from the going concern/liquidity perspective. I saw nothing there which concerned me at least for the next 2/3 years barring any major catastrophe. I'm really hopeful that Helen Cowing can shake up the show here. She has experience in turnarounds & this is probably one of the biggest recovery/turnaround stories out there potentially at least. It look like the 53 was a firm bottom but probably needs a few more days for confirmation. I'm up to my eyes in this one & down a small fortune but i really do see this one making a strong recovery once the management get their act together. Cowing will be looking to make her mark.Let's hope she can do what the new RR CEO did!

Smokey i'm over 250k of these now. I think JG maybe has even more. Deep underwater but i see it as a LT cash cow!

I remember missing out on CARD when it was 29p & my buy was set at 28.5. Sweet memories!

Need to look beyond the daily ticker price sometimes & realise what a bargain you hold if you can remain patient. This share listed in 1993. It has only dipped below £2 for about 3 years during all that time! & now here it is a sitting duck at near 50p. Time to thin about the pounds you'll potentially make, not the pennies you'll save!

So a 10% down day. Well if that's the bottom in then it's not too bad although i can see it dropping a bit more! On the positive side we could've woken up to: 'NA business has no interested buyers & our debt has gone up.We need £300m so 2 for 1 rights issue. 25p per rights share' The SP in that scenario would have been banged down to 30p. Thank God for small mercies.

Well, i'm kinda glad that day's over. Not pretty. Not sure that low won't be tested again either although it seemed to bounce off it a few times. Wouldn't expect it to go much lower than that. I'd actually expect this to be back on the up once the noise has quietened down again!

RR operating margin 5.4%. They should be looking for @10% IMO

EPS of over 30p

205m ebit with a MC of 330m gives P/E of 1.6

Yes, their pricing strategy needs sorting out for sure. Bit concerning to see the overall ROCE reducing but nice to see 23% projected ROCE on the new stuff coming in. If those numbers can be achieved this won't be 50p forever!

I don't think anyone on here really expected the numbers today to be pretty & they weren't. But come on. This could have been much much worse. I think the drop has been overdone but it doesn't surprise me. It always happens on any sort of negative earnings statement. The positive for me is no likliehood of any dilution or CR etc short term at least & at now we might see Cosmen showing his hand!

I dropped the sister off last night at Luton Airport & there were loads of NEX coaches in the airport & M1 motorway. Didn't strike me as a company in trouble when you see the reality on the road!

JG, yes annoying as it is i bought another load today. My first tranche here was @152 about 18 months back & been adding all the time but this has been constantly downtrending bar the blip up to 92. It's sometimes tempting to throw in the towel but i do think it'll recover in time. Maybe not to the old highs but my average is way below £1 now so i might start selling a few once we start going a bit higher. a dog of investment this really has been for me!

JG £2bn in cash & facilities. Revenue continuing upwards. Any need for CR etc extremely unlikely. Was my primary concern really. As long as the businesses are ticking along here this will be fine over the long term IMO

This morning was always going to present a buying opportunity in the absence of any astonishingly positive news. There is always the danger it will now drift in the absence of further news. Personally i'm happy that a lot of my immediate concerns here have been satisfied. I'm hopeful the new finance chick will breath some life into this but it's likely to continue to be a slow burner for a while yet!

This should be back on it way to 70 by end of the week!

Anyone get in here below 54? now the time to tell not in 2 weeks when it's 20% higher!

Usual results day rot as i see it. I don't think many look beyond the headline early doors. Hopefully finish the day flat or eve up a bit. Wishful thinking of course! Personally i was quite content with the RNS. Could have been far worse then that anyway!

Well i just filled up my ISA @.56. Sure this is a temporary rot. who knows with this?

We have £2billion in cash & facilities. Lets have a Rights Issue!