Member Info for Poindexter

I think the only companies not writing their own obituaries these days are undertakers!

I think bur has forgotten how to be any other colour. Market up - red, market down - red.

It would restore my faith in the intelligence of the institutional investor community if they could respond to the half witted MW missives, by finishing blue (I know it's unlikely on both counts)!

A business that cherry picks litigation, almost a licence to print money, extremely skilled executives, massive barriers to entry, hugely profitable... buy and hold for ever - come on!

A share for Warren buffet if ever there was one.

MWs beef was cash generation, but with cash proceeds up 23%, MW's case is weakened.

I'm sure the management will be fuming that the SP is slammed right back into the gutter, but there was no shortage of warnings from shareholders (including myself) dating back more than a year that being listed on the sewer that is AIM was going to have them covered in **** at some point,so the blame is squarely on their heads (and even if they profess an intent to list in the US, they resisted too long with heads in the sand, and now, I suspect events will mean it never happens anyway)

I don't have level 2, but presumably the book is just overwhelmed day after day with the amount of stock for sale. It makes my head spin to conceive how useless woodford and Invesco are to be selling down here (even if it is partly hedged).

The potential for a PE/management buyout has been there for a while, but I struggle to see that as a silver lining to the current terrible SP, as it just reduces the takeover price that would be offered, as a premium over the pre-bid SP.

"at least another 2%" - minus ~7% - I very much doubt it.

They certainly need to have a clear out if the UK branches are anything to go by; Premier hardly differentiated at all, (compared to when I was in Hong Kong and Switzerland). Grumpy old birds on the booths, if they're younger and an ethnic ethnic minority - then hired as a manager - overly familiar and generally unhelpful. In my local branches, a man free zone.

I think a bit of kitchen sinking from Quinn for his debut, but the lack of progress is depressing. Holding but not buying more.

What are the banks and bond holders likely to do with the airline once they have majority control - asset/slot strip it, or keep it running over the winter? Personally I can't see them being interested in keeping it flying, particularly after it was found to be of minimal value.

We're talking about a short here, are we?

‘bitter pill to swallow’.

But a pill is supposed to make you feel better in the long run. All other indications are that this is a poison pill for shareholders, and that they are the sacrificial lambs, so that PF and TC employees can keep their jobs, and Fosun get their love interest.

... on point of principal, I meant to add...

The equity is now worth so little, even to the larger IIs, that it wouldn't surprise me if they try and block the deal, even if it collapses the company into administration.

If we're talking intra-day lows, the first bottom was set at 9.60 on 16th Jan. But yes, if it closes here, then the chart looks pretty negative. Not that I put much store in such things. On our measures, it's looking real cheap.

Did RYA get a downgrade or something? Nearly minus 10% in four days, against a rising market - quite a kicking.

From here, it's a binary call - if the airline is sold, the pressure is off or at least reduced. A bid for the whole caboodle should see a good rise. Fail to sell, and it's game over. Even the £300m interim financing is contingent on that. Too much of a gamble for me, aside from watching my small punt at 43p whither to nothing - thank God I didn't average down like I usually do!

Told ya so! (Virgin interest, that is). I mentioned the rumour here about six months ago.

Admittedly it was a "galley FM" rumour, but it was definitely doing the rounds.