Member Info for Pat2014

The point I’m making is there is no media speculation yet ..

If shorters know this is in financial difficulty as I ask before why not the financial media .. they are usually all over anything like this .. it’s their job .. and if the whisper is out which it seems it has been for nearly 2 months when the shorting started increasing then the whisper is out there for all those in financial circles

Why haven’t these financial media outlets not picked up on this .. usually by now there are whispers of financial trouble circulating

In line with guidance.. Not sure that is a positive right now .. there was a lot of hype .. in line with guidance seems flat .. also seems a lot of spin about where they want to be in the future.. 10p drop today

5.3% now .. And that’s the ones over 0.5% .. They are obviously confident.. no doubt they will have been tipped off about whatever talks PFC are in for debt/Refinancing.. it’s the way it is in the murky world of making money

The shorts are here for one reason only and it should be pretty clear to everyone..

They see PFC’s financial state as perilous and they think there won’t be sufficient cash going forward to fund these projects and their hope is a cash raise .. end of

Saying that I had a speculative punt and bought 10k shares at 40.8 the other day .. I knew I should have just traded them the other day when they just went above 42

The pattern seems to be a small rise in the morning and a drop in the afternoon.. try and make £150 a trade I was busy yesterday morning so missed out

Robleo

I disagree .. the NHS has got plenty of cash it’s just got very poor management.. too many Chiefs who are no clerical on huge salaries.. the people in charge who make the decisions who have let the NHS get to this point

Petrofac have just hired over 3000 people .. not sure that sounds like a company going under

Could be a good day ahead .. investment at 5p a share and sell off at £30 m …

IKN

And to all on here I’m invested here

Let me make myself clear I’m a realist and this for me is purely a gamble

There is no sale whilst the war sanctions and restrictions by Kremlin are around

However I’m waiting for any meaningful ceasefire.. it will come in time then I suspect EUA will hit around 10/12p again and gradually go up over time

I know nuffin

I think it does

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https://www.ft.com/content/e0216489-a57d-46d2-90b9-b2e26b0a9973

The state has imposed capital controls without saying so. The state says, ‘It’s not forbidden to be paid in euros or dollars, it’s just complicated.’ It’s up to you whether you cash out in foreign currency or in roubles, or whether you do not cash out at all,” the person said.

Russia’s finance ministry did not respond to a request for comment.

A western seller experienced Russia’s successive rule changes within one deal.

First, they applied and obtained a sale permit nominated in euros, but the buyer backed off at the last minute. When they applied with the same deal and a new buyer in July, they were told only 50 per cent of the euro proceeds could be received immediately and the rest would be deferred. However, if the seller agreed to a rouble-denominated deal, they were told they could receive the entire sum right away.

After being paid in roubles, the seller can either exchange the amount in Russia or try to buy foreign currency abroad.

“Both options are bad,” the person said. “In the first case, the exchange rate is terrible and it is difficult to exchange large quantities. In the second case, it is difficult to find a bank that will accept the mone

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https://www.ft.com/content/e0216489-a57d-46d2-90b9-b2e26b0a9973

The restrictions on currency repatriation have added to the growing list of criteria deals must meet before they can be approved. These include a “voluntary” contribution to the Russian budget, recently raised from 10 to 15 per cent of the transaction amount, and sale at a discount of at least 50 per cent to the fair value of the assets.

An investment banker who recently helped close a deal worth about $300mn said the commission had set a seven-day deadline on the completion of the sale into a foreign account, but that the buyer was unable to transfer more than $20mn per day. “Simple math shows that it was impossible for the seller to receive all the proceeds from the deal,” he added.

Another person working on a number of exits said the commission told them there was an informal cap of $500mn that could be transferred overseas.

Interesting facts of the article .. $500m is most that can be repatriated 15% tax applied to sales to go to Russia and sales have to go through at 50% discount of fair value

Anyone still think this is selling soon

There’s also an article in the FT about Russia clamping down on Western companies and assets can’t be sold in $ or € .. shame I can’t forward the link . Basically limiting selling assets and then removing proceeds in $€£ in order to shore up the rouble

Mike

You were insinuating that Labour would use NWG has some kind of Left wing socialist Bank which I say is nonsense

Hope that clears it up for you

Personally I think Labour will be very limited in what they can do because they are going to inherit nothing more than a debt ridden cesspit .. with no economic growth.. it maybe just that they have to steady the economy for a couple of years

Oh and Chas not wanting to fall out with anyone on here but as for appeasing the loony left well I don’t think Corbyn or the lovely Dianne Abbot would agree with you

I’m a realist and I would never vote Labour if Corbyn or Abbot where any where near in charge

And Chas the Tories have appeased the right wing nutcasesfor the last 13 years

Our country is on its knees and we are all being taxed to high heaven

They are charalatans and have been nothing but sel serving

Oh and remember a year ago and who started this hammer on our economy

The thing is Mike the stories have bankrupted this country and you and I and everyone on this BB is being taxed at the highest level in modern history..

I take it you think that is ok .. I think you are talking nonsense

Stick to the facts I think my fact is right

Here here Katstrangler

I hope next year Labour trounce these clowns we have in charge and then a year or so into their premiership start talking about closer links and the single market .. Everyone now knows Brexit is a disaster and It angers me that Labour aren’t saying so but I do understand why ..