Member Info for RMR1969

Glebewhite - couldn't agree more, such a cost is easily lost in the price of a cruise, I for one would rather have a 'free' Covid test in the way you describe than the 'free' $100 on board spend so frequently offered - I can only assume that discussions are ongoing in this arena, as you say, imagine rocking up to any Chairman or CEO of a cruise line and demonstrating what we have here and saying "we can install and manage this for you if you like at all your cruise terminals around the globe, oh and while we are here what about our waste water detection which we can install on every ship in various places so we could let you know if anyone has Covid before they do, we could probably even tell you which cabin they are likely to be in....."

Even I reckon I could secure that deal in the present climate, and I am not sure they would even haggle on the price!

I am being a little facetious of course, but I am expecting some news on this before Xmas.

GLA

EP - you are right to suggest some caution of course and GGP is a good example, I am invested there too, my personal view though is that there is probably enough interest to see this move north at least for a couple of days, but as I stated earlier, if there is no further news it will most likely drop back, where to is anyone's guess.......

The challenge is we know we are expecting news of some sort at some point, we just don't know what or when, it will be fascinating to see if people are prepared to wait on the sidelines for any drop.

I think most LTHs who would be top slicing have already done so, most having been here through all the ups and downs will likely be as pig headed as me and not prepared to let any go at this juncture unless of course they have to for reasons of their own and that is fair enough, I just think if you are in now you are in to see it through.

There were some big buys when we were in the 17s and 18s though, I reckon some of those may sell if not already done so, would be a very good trade on their part, in and out in a couple of weeks with little risk.

GLA for next week to all holders whatever you decide to do.

I agree Mr.dt

As we have seen many on here believe that the offer will be strong and therefore I am sure, based on the latest developments and announcements, be more confident, prepared and likely to add in the late 20s and 30s, why not if the general belief is that the offer could exceed £1.

It is odd perhaps, but when the SP was languishing in the late teens and has been dropping for a couple of weeks people are more cautious, when it rises fast like it did at the end of last week people are more confident and FOMO kicks in.

I can see it rising for a few days perhaps to mid week, if no news is forthcoming maybe it will retrace some, but would you wait?

I know it will be when it will be, however humour me if you would.

I have said on here several times, notwithstanding the likelihood that discussions had perhaps been going on for sometime, I believe that at the point that the FSP was officially announced some form of timeframe for prospective purchasers would have been given. It is inconceivable that we would start an FSP (note the word 'formal') and say ' yea no worries, take as much time as you like, just let us know when you think you might be interested and we can chat a bit more.....'

Nah, I am not having that, a timeframe would have been given to all those involved at that moment, so the question for me is what would that timeframe have been?

I am still thinking 12 weeks, why? because it is the most logical. It wouldn't be 2 weeks or even 6 for such a big deal, nor would it be 6 months IMO, certainly not 7 weeks, or 2 months, or 15 weeks for example, whoever says that?

No, 3 months or 12 weeks is definitely the most logical and also seems very reasonable for DD to be done and offers to be made.

Now if we accept the above, where does that leave us? - FSP announced July 1st, 12 weeks takes us to September 23rd.

We then had the RNS on the 30th September which included the phrase "....recently appointed DLA Piper on the legal side...."

Many on here have speculated as to when 'recently appointed' actually was, how recently is recently?, well maybe a week or so prior to the announcement, just as the 12 period was ending perhaps......that would be recently.

As many have also said, you generally appoint solicitors for your house sale when offers have been made, just to carry out the details, not before. I know this is not a house sale but principles are similar, maybe they would be required a little before final offers but certainly only once you know an acceptable offer or offers are going to be made, that would likely have been clear as we got to weeks 10, 11, 12, maybe even earlier.

So the timelines all work for me, only question is how long will DLA Piper take to sort it out - on that I have no idea. However I am sure they will be involved right through now until the deal is finalised, in the meantime not much stopping the company announcing what the acceptable offer is, while they operate in the background, there may be some details to sort out but I would expect to hear something sooner rather than later.

However long it is, we have the one of, if not the best M&A lawyers in the world sorting it, now ain't that something!

and that was when the flanks were discounted because we didn't have the licence in our hands as we do now!

spoon_key

quite right, I will be fascinated to see how the ultimate price is arrived it, there have been so many thoughts on here and elsewhere it will be very interesting to see the facts. Maybe a few more surprises to come yet........

Great day here! Nearly got in this morning but didn't, doh! Just going to wait and see if there is any sort or retrace Monday am, but I doubt it, probably go up again before coming down any........

you only really get the main benefit if you pay income tax though to be fair, 25% will be applied to it by the provider and you can claim extra on a tax return if you are a higher rate tax payer, it is a very good way to save if you are able but access is not so great, depending on age currently you will have to wait until 55 or older before getting it out - worth speaking to a FA or reading up, I use HL, they seem pretty good but there are probably cheaper ones.....GL

oh and obviously gains are tax free until you start withdrawing and watch out for the pension cap if you are lucky enough to be in that position, just over £1m now I believe, sounds an awful lot, but more and more people are getting there, it's why so many doctors are leaving their profession now I believe........

no

Lowbands - there are many different types of investor, many do not like to keep their money tied up in a business - there were a lot of buys in the last 2 weeks between 16-19p, they could quite easily have made nearly 40% in a week or 2, now if they had invested £18,000 they have just turned it into £25,000 in 2 weeks or less, a fabulous return and of course, once they sell, a GUARANTEED return. Do this once a month and you wouldn't need to work again.

I am a LTH so I won't be selling, but I do understand why some people will.

GLA, a great day.

TMT - a super summary and a very logical and reasoned assessment.

You are quite right, if PG's estimations had been above what they believed to be in the ground, absolutely no way would he have got a mention and name check.

The only summary you can draw from what happened is that PG's estimates, as they are presently, will be exceeded, by how much I don't know of course, but a fair bit I would imagine, again, if PG was close I don't think he would have had a mention either, so I, like you, take that to mean the actual resource will blow all current estimates away, and I too added this week.

GLA

well I did go out and sort the garden as I said I would and have just returned to catch up, doesn't look like we have moved on much from this morning.........

the comment from GLG was perhaps a tad sharp, but as I said earlier, I share the frustration of LTHs who have been here months and months, years in some cases and seen all these questions asked numerous times before.

its inevitable that we get new people on board, particularly when the SP increases as it has today, but please, if you do come on here, before you ask any questions or make any wild statements, at least read the RNS's for the last couple of years, check the company website for presentations and the like, check the Telegram group, anyone can join it, review the work by GM78 and others on Twitter, then, if you are still unsure, comment on here from an informed view point.

Hoping to add again in the morning if the SP doesn't run away from me.

GLA

lol - it is quite frustrating sitting here reading posts from 'new' investors expecting to be spoon fed every bit of detail at this late stage.......

the LTHs here (those pre suspension) have followed the journey closely and by now are extremely knowledgeable on EUA, having been here a while and felt the emotions of the ups and downs, I have been pulling my hair out this morning at some of the posts / questions / requests for info / ill informed posts.......aaaarrgghh!

Read the RNS's, check out the company website, look at the Telegram group information, goddamn even check out Twitter if you like, there is masses of information available which will easily explain the suggested valuations on Eurasia in some considerable detail.

need to sign off for a bit methinks, go do some gardening and come back later.

GLA

Ignore him, he is all over the place if you check his history - 27th May......!

By the way, what sort of car is it, I will take it!

Agreed RKSigma, the appointment of one of the leading law firms for M&A in the world does not mean any deal is nearly done, but it does mean it is probably done!

GLA

MarkP1989 - absolutely right, they did not have to mention the law firm, that was a clear message to tell people that things are moving forward, every bit of info in an RNS is in there for a reason, or not as the case may be, it will have been carefully crafted and checked over.

I too will add tomorrow if the opportunity presents itself, i was pretty certain of a sale before this latest news, I am now even more convinced, how else could you read that update? So many things they could have said, they could have played things down a little if required, but no, they played it up!

Great RNS even though is says little, it actually says quite a lot.

"Be patient, we are sorting it" is how I read it.

Anyone notice that yet again, no mention that a sale may not happen............3rd time in a row now.

As someone else stated, possible that sale already agreed and they are sorting out the details, over 13 weeks now and whilst we know the FSP has no particular timeframes, as has been stated before, timelines will have been given, every side will want this wrapped up.

Full sale? Joint Venture? - I don't really mind to be honest.

How will the SP react in the morning?

I don't understand why people believe closing shorts means good news is on it's way necessarily, as if people who hold short positions somehow have access to special information......traders have no more idea about what may happen then we do, as JUB found out, they are merely 'gambling' as we all are, they win some, lose others, as we all do!

Haydn1 - quite right, I could not agree more, this contract is large and more than that it is for a key area in the richest country in the world, just imagine the credibility it provides, we certainly ain't starting small.....

There could be dozens of these sort of contracts in the next couple of years, all providing continuous revenue, I am certainly pleased with the RNS today and am looking forward to seeing a few more in the weeks and months ahead.

GLA

have been trying dummy sells every few minutes just now and offer price keeps going up, currently 35.5p.....

looks like someone wants them, but they ain't getting mine, every piece of news I heard last week and over the weekend just suggests more and more that some sort of health pass option is required - Covid is not going away, there will never be a cure, any form of flu type jabs will be a while away, then will take a long time to scale up and may come with side effects, and on top of that there is a growing tide of people who are stating they would refuse any such inoculation anyway.....

health passes for Covid and perhaps a myriad of other diseases could be the way forward, it feels very futuristic, but it may be what is required, all on our phones for now, but who knows in time, maybe a chip under our skin......another opportunity for us there perhaps...lol

appreciate this seems a bit way out there for us to imagine now but maybe not in 5-10 years time.

well if thats the case I apologise, there are many on here who would buy at current price, myself included, as we believe any potential sale would be well in excess of 18p, tbh the issue for me, and I am sure many others, is that we are already pretty loaded so are unable to buy as much as we would like.

I have been in since well before suspension, entered that at sub 2p average and have doubled my holding since we came out, a small amount at prices above current.

So I guess what i am saying is no, I personally don't think you are too late. Likely to take a little more than a day to research EUA though......I have been here 18 months or so and I am learning each and every day.

GL