We would love to hear your thoughts about our site and services, please take our survey here.
"The numbers are worst case"
yes..but they cannot afford to be in that situation....as they need every £ to invest in the phase2 completion and phase 3 kit out and working capital .....any fall back will put the timetable behind IMO
The current contracts means they really cant afford any timetable slip ups , and any loss of time on phase 3 opening will hinder new contracts beyond the current ones
RealityBytes
yes.. some high figure losses....my internal panic alarm would sound off a lot before that kind of loss appeared
the company losses over the last 4-5 years have been utterly horrendous ...
personally, I have resisted getting involved for quite a while
...a D4E seemed inevitable IMO.... but.... 2023 Accounts could be the bottom of the barrel, with the restructure providing a base from which to get some decent revenue over the next 2-3 years ..just the Thai project to finish over this year ... which has been a financial problem for all involved
Asset Solutions actually looks a reasonable business
"Royal Mail - Getting taken over by their biggest shareholder "
well not exactly....best stick to current facts....
"Deliberations are in the early stages, the person said, cautioning there is no certainty Kretinsky will decide to go ahead with an offer. "
https://www.reuters.com/markets/deals/daniel-kretinsky-explores-bid-royal-mail-owner-sources-say-2024-04-17/
RealityBytes
I doubt an increase of 1.7p is going to make much difference to most holders , even though the % increase looks "good"
"the market has totally lost trust in management's ability to deliver."
They have admitted just how amateur they are , unfortunately...using shareholder money in a "learning" scenario
Glad I never bought in, although seemed an interesting product
The current SP is just investors showing their discontent and indicating they want more in the RNS about the cost implications of the scrap problem
" we know they are closing this time last week we were sitting at 11.2% notifiable we are at 10.4% as of yesterday"
"they are closing" ...seems to be just GLG Partners ....the rest are pretty much as before .... Helikon down, MCP up
Anyone thinking of taking over MOBICO will not be paying 60p, and no one will sell the business for 60p a share ....so..the current SP is of insignificant use in any takeover scenario
The shareholders will not sell cheap in 2024 if they see recovery in 2025 and beyond
an unsolicited cheap takeover bid may happen...but it is unlikely to make it up to the Board room for discussion IMO
Brembo247
You sound like a newbie ....maybe not so much experience on the workings of the stock market...
The BOD manage the business and the markets decide the trading of the share price
I personally wouldn't go down any path regarding any kind of "collusion"
The share price is low because for many there is no current reason to invest their clients money, with better dividends and safer options elsewhere ....no dividend and a stretched balance sheet isn't currently tempting more many Fund managers who are looking for yield to protect against inflation
Tony
A buffet in Buxton.... you have gone down market ...or maybe you were never actually up market
Personally I always book a suite with a terrace, usually by the ocean... .... eating a buffet in Buxton ... you must have fallen on hard times old boy ....
HV
The results are pretty much old hat ....what matters most...IMO.... is the year ahead ...and how things are shaping up here and now ... I think 2024 like many other businesses still has a feeling of uncertainty and difficult to predict guidance .... but ..many of the issues of 2023 have progressed considerably ....
The market is almost trading on external issues like geo-politics, state of the economy, war .... and it is these things that any BOD is having to grapple with ...
I am not as negative about the BOD as many here .... it has been a difficult period and no one really knows what goes on in the background .... a lot of challenges and stakeholders to contend with , and a world that is becoming veru unpredictable and uncertain by the day ...
I dont see selling US Bus as a fire sale .... ..anyone buying will see it as a long term purchase and would be acquiring a lot of infrastructure with a large part of the revenue being on contract....
I think there would be a number of parties interested in such a business ...... and I dont see a fire sale situation, myself
Seemed inevitable that the buyers would come back in...... a few traders scrambling to re-buy I suspect
I am not selling anything ..because the reasons to buy PM are still in place .... IMO
9th April 2024 - " unchanged sales guidance of £23m"
17th April 2024 - " FY 2024 sales range of £17.5m to £22m"
they are such amateurs
You can see similar with EasyJet ....loads of cash swaps done through Bank Of America/Merrill Lynch
https://www.lse.co.uk/rns/EZJ/holdings-in-company-phcf1kb9tz07oo2.html
" Sounds like Shorting then. P.c."
well it is a different form of trying to benefit/have exposure to a share , through a contract, whilst not having to actually buy them .... shorting, CFDs, Options , cash swaps etc
"..they have 0.4% of the shares "
Oh, apologies, I missed point 11right towards the bottom of the page... ...which says these shares are a result of borrowing them ...so they have borrowed them, not bought them...by the looks of things
Nothing is going to happen until they show the Results and show that the business is on the mend , in terms of margins and bottom line earnings
No one is interested right now, in a leveraged balance sheet and no dividend ...better and safer yields elsewhere
It is up to the BOD to deliver ...not their fault the late change to the German situation has caused the latest Results delay
Many fund managers will pay 80p, 90p, whatever ...once a more secure situation is delivered.... but not until ...IMO
" could it be that someone has put up their BT shares as security with them for a cash loan."
no
It is just a contract between Morgan Stanley who does not have the shares, with someone who does have the shares ...such as an Institutional Investor
Both sides seek to gain from the contract ...often the II will seek to hedge their Long position without having to sell shares or lose Voting Rights
Morgan Stanley will seek to have exposure to the shares, say through the performance of the shares, without having to buy them
Completely recovered the Q1 sell off and more...
3 month sell off, recovered in less than 3 weeks ...
" Wish TR1s were clearer."
They become clearer, once you start to understand them .... just watch out for Options, Cash Swaps, etc ...that are not ownership of shares, at that point ....and Investment banks like JPM and Morgan Stanley etc ..use them A LOT