Member Info for PeeDubs

“Modsto123 'molkys if you live in county durham you are middle class'

Ha , I think you’re mixing up Durham city with County Durham!

The two couldn’t be so far removed . Even the pigeons carry flick knives and wear stab vests in the vast majority of villages and towns AROUND Durham city !

Cheers

Modsto

CF also thinks it’s ok to tell a journo his company that he has millions of shares in is better off de listing , so I wouldn’t value his thoughts too highly......

Cheers

Hi Scotman

Just to clarify . Are you seriously saying that a bloke named “ Gaiaskidney “single handedly pumped a FTSE 250, highly liquid , £billion + company up enough on an anonymous bulletin board enough for him to profit from it personally?

Cheers

Hi Stach

“The Reporter did not include the questions and how they were put to the CEO...”

He said what he said . Right up there with Gerald Ratner ! Due to how extreme his words were , the context is utterly irrelevant .

To prove that point , I challenge you or anyone to come up with a hypothetical question , where it’s deemed what he said is acceptable ...

Cheers

Hi Chesh

“So is your top line line Peedubs...”

For me, it was far , far better to have cut my losses and walk away with something v’s nothing.

Far better to face reality swiftly v’s deep seated denial.

Keynes said , “ When the facts change I change my mind , what do you do sir? “ Very poignant to SXX after bond bomb number 2.

Besides , I can buy back in far cheaper tomorrow than I sold for! So your trollific comment has more holes in it than your CEO’s investor relation skills!

Cheers!

“Sorry but anyone who pays any attention to this disreputable rag.....”

Personally , I’m sick of reading this sentiment on here.

They are his words , they’re in quotes! Don’t shoot the messenger !

Cheers

“Now the board don’t have those shackles! “ ( of JPM)

Hi Scotman

Yes they don’t have the shackles of JPM but surely the iron maiden is next in line?

Let’s not forget JPM were their second choice of raising finance. Surely their third choice is going to be even less favourable otherwise they would have done it in the first (or second ) place ?

There is no positive spin in my opinion.

Cheers

“....JPM could have said Ok the markets bad at the moment you need to leave this for a while but as you have already raised 800m plus then at this stage we will offer you a 1 billion credit facility.....”

Hi ,

No , not really , it was market led finance they were offering not straight forward finance.

The first 500 $ m that failed was essentially to test the water , to make sure there was a market for the bonds . Which as we all know now , there wasn’t .

Cheers

Hi

“Please if anyone has any uplifting information please share it. It might help lift this Rain cloud”

If you conclude that it’s destined to go the same way as TC then the only true bit of uplifting information is this ; you can cut your losses and walk away with SOMETHING.

Cheers

Hi JR

Yes of course . However for me it’s about risk management and minimising any more loss at this juncture .

My present situation ; If I’m right then I’ve done that , if I’m wrong then , ok, I won’t make as much as I would have but I’ll still do very well. Cliched saying , but that’s win/win in my book.

However , you’re wrong , then you lose everything . So you’re put yourself in a win / lose situation .

Just one thing if I may ask , if you’re increasing at these levels , may I ask , how on earth do you think there won’t be major dilution or serious further damage to the SP by giving away future revenues ?

Cheers

Hi Mr Dt

“Imagine if you sold out at a massive loss and then the funding miraculously got resolved?”

Buy back in!

Common sense would suggest dilution if it gets resolved , so the price will be cheaper than it is.

However , let’s just humour your notion for a second . CF waves a magic wand tomorrow , “ all sorted lads , no dilution, no give always of future revenue , and to make it up to you our strategic partner is giving us a freebie !” Ok , ok...so , price goes to 15-20p in Sxx dreamland.

Those who sold at at a loss buy back in at the higher price . Future prospects see £1 in 5 years . Ok , so we miss the bottom but still get a 5-6 bagger. Sounds good to me.

Meanwhile , back in reality , cashed in , albeit with a loss, we’ve at least secured SOME money from the ashes. For sure!

Cheers

“. sold out?? Well it's your panic that has caused this fall “

I can’t speak for others , but I sold out today. 2 years and 6 months of holding . I seriously had zero intention of even contemplating selling until full production . 2027 there or there abouts.

No panic , but yes, , a bitter pill to swallow , to realise a large six figure loss.

For me , the story has changed , the facts have changed . There’s a huge problem with no solution. So no panic , just a cold realisation that I’d rather walk away with something , rather than nothing..

Genuinely , good luck guys , I wish you all every success !

Cheers !

DT12

Weak argument , ad hominem attack.

How about being argumentative or dismissive about something he has previously said about SXX?

Go on, be a sport and play the ball, not the man.....

Cheers

“The group on Facebook is a closed/secret group, it was started by Steve himself .....”

Yeah , credible guy , good overall knowledge . I obviously don’t know if if what he said is correct or not , but he’s a world away from a one post looney or known ramper.

Cheers

https://www.marketwatch.com/story/yield-curve-inversion-junk-bonds-still-see-smooth-sailing-for-economy-2019-09-03

“as the U.S. Treasury yield curve rings recessionary alarm bells, investors in corporate bonds have largely shrugged their shoulders.”

“investors in corporate bonds were unperturbed by talk of a recession.”

“.......or the credit spread, stood at 4.13 percentage points on Sept. 2, up from around 3.93 percentage points on July 26, a day before President Donald Trump imposed 10% tariffs on all remaining untaxed U.S. Chinese imports, according to an index provided by ICE Data Services.

That’s well below the post-crisis average of around 4.81 percentage points.....”

Cheers!

Hi Scotsman

It seems to be universally acknowledged that the recent holiday period is ALWAYS the worst time of year to sell high yield bonds. Seniors away from their desks , low take up compared to pre and post holiday etc etc.

Ok , Trump exacerbated the situation , but with respect , your post doesn’t answer my quandary. With such a pivotal lump of bonds to sell, with the knowledge and then some of the above ,why on earth would you not wait those extra few weeks to be sure or at least giving yourself the very best chance of getting them away?

Cheers!

“Unfortunately they were due to be offered in the worst week of the year for bonds. As a result, respected ex city man CF decides to pull the offering”

Hi,

Sorry but there has to be more to it than that! Obviously a respected ex city boy / finance wizard would know fine well it was the worst time to launch ! I’m JPM knew too!

I guess the question that therefore begs to be answered , is , why oh why launch them when they did?

Cheers

It’s worth noting that CF himself , in full chest beating mode a couple of months back , spoke of hopes of ultimately a £20 bn company . 10 bn shares obviously sits it at £2 a share ,

Great stuff! Onwards and upwards as regards progesss . Why oh why , would a company push on at such an epic level if it wasn’t 100% certain of where its next meal was coming from ?

“Read that article from a few sources, wonder who the "source" was”

They use that when there isn’t one. Idle speculation.

Cheers