Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
HSBA and STAN are in a different league. Their key markets are in Asia and Asia has started to recover.
C'mon seriously! You're not going to do NOVE and race domestic focused banks against global market giants.
If EU doesn't work for HSBA, Asia will or South America will etc. Where will likes of MTRO go?
Once ex div out of the way, watch the huge drop in RBS.
Not deramping, but today's rise (MTRO) was scarey to look at. When the rates are cut further and the sector is down, but one stock goes in other direction, it generally means two outcomes. Either a takeover or being played for MEGA DROP. Considering the economical volatility, no takeover here for now.
I played VMUK exactly the same way from 90 to 60.
Expect MEGA DROP tomorrow or Monday. If not I'll delete my account.
Dan, I've invested 20% portfolio here. I now have doubts why iis are not waiting for better value to exit. Why the desperation.
I guess I'm alarmed by the fact I'm invested in same stock as Mark73. The guy has track record of investing in undervalued stocks and forever waiting for recovery which never happens. Ramped up Kefi beyond comprehension. And now G3E and ESL.
I've got big chunk invested here. But I'm struggling to understand why this would go to 20p+ anytime soon.
Why would DBay worry about the value of SP as he will recover more than he invested through 18% interest. SP is meaningless to him.
Current shareholders don't believe in the recovery hence mass sell out?
If my evaluation is correct, the SP wouldn't recover and shareholders wouldn't see any benefit till the debt is substantially reduced.
These are my doubts and I pretty much regret my investment here in bear market.
It's a bear market. You need to start bear table.
Short the tourism and hospitality industry.
Maybe, but worth a try.
We need to file a case against NMC, E&Y and FCA for fraud and/or gross negligence.
Contacted Scott + Scott to join their suit against NMC. As expected, I received below response:
"xxxx - thank you for your interest in the NMC Health litigation. We are in the process of moving for lead plaintiff in the lawsuit, and would like to speak with purchasers of the company's American Depositary Shares (ADSs) purchased on U.S. stock exchanges. Unfortunately, this suit does not cover purchasers of company stock on the London exchange. Please let me know any questions. You can reach me by email or at (619) 517-1129.
Thanks again,
Joe"
Only a gambler would buy this.
L2 is for retailers. You see what they want you to see there.
Dead cat bounce, sure. But why would anyone provide facility to this business that is under the shadow of NMC and travel restrictions in place for unknown period of time. There is no business here till pandemic is not over.
Can FIN survive till then? I don't believe so. That's my speculation and hence I'm shorting this.
shorting this to 7p
You guys are enjoying the demise of shareholders. Rub it in as much you like. Shows your class.
I pray the likes of Foxykiwi, immo2014 and shaml89 find themselves in worst situation than this.
by analysts:
“It’s shocking – alarms should have rung when it was not recorded in the June 30, 2019 financial statements,” said a banker. “Or was it signed between July and December of last year?
“If the Board of Directors were not aware of it, who else is involved in getting this cleared with banks?”
“Loans of $2 billion in a difficult market is a burden even for the most profitable business,” the banker said. “To suddenly find that it has more than doubled can be a death sentence. Why didn’t anyone inside the company flag this before? Why didn’t the company’s auditors – Ernst & Young - note it?
“If somebody had wilfully not mentioned the debts, will NMC Health press charges?
“And what will be done to bring the funds back? Or can anything be done to bring these funds back?”
Whilst I'm hoping for UAE to step in and stabilised the business. Reality is why would they take a burden of $5bn if they let the banks call in the debt and then take it from there for a fraction of a price.
NMC failed us, E&Y failed us, FCA failed us.
Well done. I still haven't got the courage.
You're Abdulla right?
Cease FIN and recover 3bn.
Really sad. Any bit of hope is now gone.
It is so difficult to put a brave face on in times like these.