Member Info for RealitBites

Can someone confirm re the wording…..

Are they allowed to state what happened in past approach in this RNS? Or is this definitely a new offer and discussions?

And if they say cash offer, is it likely to be a leveraged offer?

Given the rise ion open, that’s a fair point chainlocker.

Was a bit of a guess and I am not the on to take advice from.

Early days though and I have dry powder to aim here so perhaps wishful thinking.

I can see why someone said old news. They don’t actually say the offer, DD etc was this time. As I read it, I wondered if that was in relation to earlier approach. A bit vague.

Perhaps the audit was for Sidara due to a desire by them to pay less for a (potentially) cheap current valuation. And discussions continued?

It all stinks if you ask me. London based FT leaking bad news about a London based CFO. Bad stories to drag a price down. Shorts who seem to have an inside track. Almost like a coordinated attack to allow someone to buy cheap.

My total guess is that audit will result in change to intangibles which wouldn’t effect cash flows. Which should be relatively stable going forward with most work now reimbursible and avoiding the risky lump sums, where the lowest bidder gets the work often as a result of underestimation.

Looking at fundamentals, should be able to cope with a bit of a write down on intangibles but I am no expert. Just shooting from the hip and airing my guesses to n the hope someone will enlighten us all and point out where I got it wrong lol

Lol jokers. But hydrogen didn’t change. It is just physics and chemistry. Go do some research. I did and I don’t want it in these applications. Hydrogen has a place, but I don’t think this is it.

Sold my holding in protest.

Enough already. Pause the roll out until you have proven the safety case. This does not belong on the streets of Aberdeen. Build it in London if you are so hell bent on hydrogen busses.

And no meoryou, no it doesn’t.

Interesting times!

I have gone all tinfoil hat and back trying to work this out.

As an ex employee, my heart wants this to succeed, preferably without a takeover for LTHs benefit. All looks a bit forced, the shorts, the drop, the CFO, the offer. Seems crazy at these levels but what do us plebs know. God knows what goes on in the upper echelons .

You’d think multidiscipline global engineering company would be highly prized given the demand for that skill set over coming years.

Does it go on to say more?

Yeah…let that bit go, we won’t need it! Not!

Honestly wtf people!?

In yesterday and thankfully out today.

Shorts increasing yesterday is a bad sign but had a feeling they would. Felt to me like they might have been selling above 28 for most of the day. And holding it back before the late afternoon rise.

My bet is the price will slide for next week or so.

Hope I am wrong for those still ini it to win it.

second looky likey profile back again.

no likey, green lighty, no bothery me!

may not have cash in here at the mo, but have had and may again. just because you don't like my rationale and aversion to the short term risks and other red indicators like bond price (shh...nobody mention the noggies!). won't stop me reading and commenting under whatever name.

said it before carillion had backlog when they **** the bed. cashflow is king.

watching to keep abreast and check how things go. could be a bottom or it could yet be another false dawn.

time will tell. gla

I want to believe this has turned a corner but I am still not quite ready to rejoin the party.

The bonds have ticked up again but why does every trade look like a sell still? I don't think I have ever seen a trade go through at anything but the bid price!

But....I wanted backlog. It is appearing. Terms unknown....poor track record on lump sums. Cautious at this point. Probablynoverly so but time will tell as always

Sorry, that should reqd pinned to the bid price

I've been watching and it is certainly going in right direction.

Although most trades still look like sells as last trade price always pinned to the ask price.

That's weird. It says no director deals found for me but pretty sure it earlier said he doubled. Buying 300k and now holding 600k.

Still wary though. Are the 2 biggies lump sum jobs does anyone know??

Hmmm...and seems the spread is closing on the bonds...interesting!

Fat pie man?

I'd say more than 240 if they can pull their socks up over next couple of quarters.

Very good outfit and 240 was never enough IMHO.

This has value and board sound like they knew it wasn't enough.

US has been going through a rather tough time. Suspect Appollo pull outs relate more to that. Was just reading a bloomberg article about US defaults.

At another fork in the road.

A lot has changed in the few months I guess.

Kinda glad...kinda gutted. Means I'll be holding those few I bought back too early, but will do well from here on in I think. Amazed at how far it has fallen but seem a lot of appetite and price bouncing on the back of lots of buys.

Now a big contract or two would be perfect!