Member Info for redwineday

Probably them selling!

I am hoping for and I guess they will trying for an RNS on Farm in to happen before the result of the drill.

https://www.upstreamonline.com/exclusive/adnoc-to-kick-off-multi-billion-dollar-expansion-project-at-giant-offshore-oilfield/2-1-1325192

err....upcoming housing market collapse? Thanks to the Tory doomsday cult.

Yes

Lots of chunky selling. So someone took note of Gils speech....

UK government is a complete embarrassment. Market has some sense in that it knows it...

Dave

His numbers look wrong to me. 35k Rx sounds right if they continue on the current growth trend but rev is in my calc 4.5m. Take the ex's issued till the end of June and divide by the rev you get 133 per Rx. They need to e funded, ie. 25-30m for 1 year minimum to get to break even. So capital required including paying back the loan is 40m

AIM really is the wild west....makes the main board look like a convent.

*AOI

i don't agree that Hill was loosed lipped. He was speaking to AIO shareholders about AIO and it's a perfectly reasonable discussion point about how to maximise the returns from his investments. Gill has been far more speculative in the past in his pronouncements. What I would comment on is his inference that it's in his control what happens to ECO, which is nt the case given his minority shareholding.

At the end though this is all blah blah. ECO is now binary on what happens in a few weeks when we know the result of the drilling.

Agreed. ECO is leaky on news, If everything were as rosy as Harel says then the SP wouldn't be 35p.

I hope I am wrong of course.

Why don’t you count it yourself rather than ask other people to do your homework.

Lol

Just struggling to see how they can avoid being taken out. AOP could bid tomorrow although I think they won’t. Effectively they are averaging down, my guess, on the expectation that the implied value is now less than their original investment.

Debt, can’t see it in the current environment and even if they could price would be usurious.

So leaves royalty financing. Honestly don’t know anything about it to know whether it’s possible or cost.

Equity. Depends on the attitude of AOP and Inventages. Since the latter didn’t participate last time why would they this time. Means PIs would need to step up. Not sure it’s even possible.

So, it would be no surprise to me to see themselves put the business on the block. I’m sure there will be a buyer but at what price.

These are my ramblings…

Should be a good Q3/H2

Gareth Atkins, managing director of lettings at Foxtons, said that London was undergoing a rental market boom. “This August had the highest level of rental demand we’ve ever seen as London remains one of the most attractive cities to work and live in. This unprecedented demand paired with low supply has pushed prices and budgets up across the capital

STX will not exist in 1 year from now. Question for people on here is simply will there be anything left for them.

Stellar results!? Have you actually read any RNS or coverage? You know, the one where they announced they will miss their own guidance. Or do you think that having made that announcement they will announce they have changed their mind and in fact to will be stellar. ffs...

Oh and on top IC has just given it a hold so must be a screaming buy

I must be missing something....

TM PE is sub 3
Using their lowest estimate of the likely dividend payout would mean an annual dividend of close to 15p.or 14% yield at todays SP based on the FY22 result. Now lets assume adjusted FCF drops by 50% as a result of capex (not sure how much of the new capex plan gets amortised in Y1 so this is a conservative guess) and still you are looking at yield of 7% and a prospective PE of less than 5.

SP should be closer to 1.50