Member Info for Reddukeclothing

Bond holders paid at 22p a share, last raise at 17p a share.

It’ll be a fun outcome one way or the other

I’ve added a second tranche. To continue to do so slowly. Good luck tonight at the hearing

Thanks all, I’ll add a position here. Measured for now.

I think that’s what they’ve been doing and suggest could be done - shipping from elsewhere.

To be clear , I want to be long hear and without doubt it’s going to benefit from trump opening Alaska but 1) biden is still in power and 2) is it 2028 for some production, which carries some political risk again .

Thanks eveyeone for the replies.

My thoughts around Biden trying to hurt this remains somewhat. I don’t understand how it’s a done deal, but I appreciate it absolutely the direction of travel once Biden is out .

What is the view on the current us government being able to stop or slow down Alaskan approvals prior to the transition of power to the Republicans? I believe power transitions in February, however there are several submissions and hearings on Alaska and panr due next week and in December? Would welcome some expert views on any risks here

Well I had a major whacking on this short…

Trumped by the market here. Someone in the know and buying everything.

Looks priced in £8 open , with now some small falling .

Well something big is happening , still no opening market… 8:05

Jbco here’s the bond price (change the x to s on link), it’s actually not trading too bad … worth keeping an eye on

httpx://markets.businessinsider.com/bonds/burberry_group_plcls-notes_202424-30-bond-2030-xs2831553073?miRedirects=1

Could be, but I think the size of the opex and unlikelihood of sale recovery means it’s got something to prove … it’s hard turning around something like this, most of our ftse lux retailers never managed it. Good news is it did replace its £300m bond in September, that’s a positive sign. Probably worth checking what price those bonds are trading at

It’s those operating expenses at plus £700m …. That’s the real risk here

Well pretty horrendous trading results, a lot of cash outflow and large , continued falls in sales leading to reduced margins and losses.

However a very upbeat “fighting statement” from the new chief …

Someone really wants to buy at the close pre results, same as yesterday… makes me nervous for the short

What a joke …

I wonder how much equity they’ve raised over the years ? If they put that in a bank account , they’d be making far more than they ever will now, and with a market cap of 100s of millions.

Not £1.7m of revenue … disaster

So the next announcement is the license outcome ? If this is achieved, what price are investors expecting ? 6-9p? Are you thinking about selling there or holding as it’s all systems go ?

I think it’s the standard for this share .. and also they (to me) stated they need more funding pre cash flow break even .

In the grand scheme of things it doesn’t matter , the next 6 and 12 months matter

@cure. Thanks , I will assume the £500m is in the mentioned pipeline.

I think, therefore they need £125m of revenue a year to break even. If the £500m is due over 3 years, and is delivered, at let’s say, £1 per mw, that contract alone leads to break even.

That assumes no new Capex needed to produce the product, it also show the scale of wins needed consistently.

As an aside, once the units are built and sold, is there any associated contract revenue ? Or eg replacement of stacks anticipation ?

Ok here are some values for people doing an analysis:

1) current orders, future revenue due to be recognised over their period , £105m

2) next years revenue to be delivered from above, c£20m (c£40m prior to deferment)

3) current pipeline , not included in above at 25x prior levels. However , value not provided

4) breakeven turnover is around delivery of 400mw per year (noted in the q&a).

Taking those items together, opinions on market capital and timelines to deliver a supportive ebitda should be made

On it now ; answering key questions. I picked up £100m sales pipeline expected at April 2025…

Vs £8m order book low.