Member Info for Rizzel

I disagree

Couple of weeks ago my friend put a deposit on a 20 year old Bentley, was very excited about having such a car. A week later we came back to get the car but brought a diagnostic machine with us to do some checks. It turned out so many faults that to fix them would probably cost double what the price of the car was. So after loosing some of the deposit we walked away.

Deal is no deal until the monies are paid

Sidara will revise their offer to 30p by wednesday, because nobody believes it will happen anyway. If the offer isn't made after suspension we might get an RNS that refinancing means further dilution and SP after suspension can be 12.5p then Sidara will offer 20p. Nothing will change for them it will be same money but for us not so sure.

JG68

Your post at 22:28 last night, SPOT ON

well done sir you were right on everything

I heard the advert in the radio enticing people to make a claim against lenders on car finance. Advert is promising a compensation between £2000 and £10000 saying on average each claaimant can receive £5000.

I don’t get it how can they lie so openly.

For most that would mean they have half of their car paid for. It is nonsense! I can’t stand those adverts, they are everywhere, radio, FB, Youtube, all internet is infested by those sharlatans and nobody can do anything about it.

JRDC

I would too, but have very little hope now it will ever get there. I think more likely scenario here will be another over night move by MM to somehow increase his shareholding to massively dilute rest of shareholders and them buy the rest for 35p and tell you how lucky you are to get 10% over market value. PIs will be finally wiped out and he can be crowned a King of his castle and peasants will be begging for crumbs by his gate. It won't matter then the castle has lost more than half of its value because everybody else lost the whole lot more.

Even if there is a bid coming it will be no more than 40p so most holders will be at loss.

Yes, I received the same email.

It could mean preparation for a new cash rise where we get massive dilution.

Nothing surprise me anymore in this market.

I believe Frasers have a stake in Currys as well and they are up today 15% because they updated the market with good trading and improved profit outlook. After very tough few years they got themselfs on good track.

I wish the management here could do similar but the way the MM is behaving is no wander we don’t get positive update because it is all game of poler for him. One day you have equal amout of shares and over night he prints some more so next day you are screwed and he is the winner. WoW

I wish I never knew this company, my life would be so much better.

Ste4001

thank you for correction, point taken

Telxx

I know how it feels. I did a little top up @39p after that crash, and still have funds available but I am so reluctant to buy more here. It is just so uncertain with all these under table deals that MM is doing, I feel like being conned everytime he does something.

Ste4001

Lol ADVFN is a joke company on a joke index. AIM should be closed down as it's full of con artists running con companies don't you think?

Well, one just made it to the main index :-)

Ephemeral

Yes, there will be exeptional cost (maybe realted to demerger).

And there is a big question mark. Is Myprotein still in decline or has it turn the corner. Because last couple of years posters here were all excited about new products on shelfs, price of whey and partnership with MA so MP will be sold in SportsDirect.

But every trading annoucement I can remember MP sales were down by 5-7%.

I have mentioned before that there is so much competition in nutrition segment that it is no wander why sales is down.

I expect no change in next set of results.

MP is shrinking!!

Reading your posts this morning and I am just wandering where do you get all that positivity. Throwing numbers like £200m EBITDA or £100m FCF ???

Have you not been burnt here before?

For past couple years at least this company has produced nothing but shrinking revenue and bigger losses resulting in higher debt and masive dilution.

This will never be 100p SP.

But keep on dreaming

This will never be a £1 (100p) again. I was hoping for £1 two years ago when it reached 87p but since then it was just bad news upon bad news.

With Ingenuity split and Thg contract bound to it and now another dilution I cannot see THG ever reaching £1 again.

If it hit 70p I will sell the lot. I have heard it all from those that have head in the clouds about takeovers, golden shares, new products on Iceland shelfs, muller yoghurt, FTSE inclusion, whey prices, micro and macro economy, taking private and all the rest.

The truth is somewhat different though isn’t it?

Revenue shrinking, costly Ingenuity split, costly Ingenuity contract, still high debt (that seems play in MM hand as he can increase his holding). Further share dilution.

Just my thoughts and reasoning about the value of this company.

Feel free to shoot the messenger but it will make no difference to your current loosing position.

GLA

Alongside Wood, there is another example on LSE and that is THG, around two years ago there were some reports that THG received the takeover approach (one was Apollo but I don't know that for sure). SP was around 110-120 and apparently bid was around 170 (which was not confirmed I think) BOD rejected that bid as it significantly undervalued the company. Well two years later I think Apollo is laughing and shareholders are crying because sp is at all time low 36p.

It just shows that BOD thinking they know what they are doing is right by the shareholders is not always the truth and they can destroy the value and cause serious damage. Just as happened here in Wood

Just my observation and thoughts on matter

For the record I am not LTH, I bought few shares @50p on first debacle in november if I remember correctly and just watching from sidelines.

I know nothing about this business but from what I seen in previous take overs or attempts to take over on LSE, I agree with Scooter1964. If the offer is not accepted, whatever it is, it can mean that shareholders will loose even more than they already have. No matter what anybody say the true value of the business is. Heard it all before, the value is 38p atm. but it is only elevated because of the potential bid. without the bid the value would be 26p. and potentially massive dilution.

Just my opinion

Thank you Toffers

I am doing the same thing but little bit smaller amouts. Last time I bought was december at the same price as it is today. Hoping for a sharp rise on unexpected (expected news) :-)

Morning Toffers

If I may ask, did you open position with your two buys or did you add to the existing position?

I think in that case the shareholders will be sweating even more because share price will be even lower than it is now

I would ad today but I expect tomorrow will be at least 12 p down so will wait till tomorrow and buy at 480p