RE: Debt burden and major shareholders6 Aug 2024 12:25
Hi all. Thanks for the replies, especially from legsofman.
I have just read through 215 pages of the 2023 financials. Apart from page 54 which shows a debt table, the whole report seems to me designed to hide the most important feature, being debt and interest charges and their likely impact on the business.
Debt is hidden within NAV and I cannot see a simple statement showing GAV to NAV.
None of the operational highlights show the downside risks which market valuation discount clearly tries to.
F****** accountants make loads of dosh producing what!
If I want to see BT.A or any other major FTSE Company debt burden, it is easy to find.
Why is this different?
Beats me.
Regarding historic major shareholders I found the page for this. Most Companies give a latest shareholder update on their web page. Not this lot as far as I can see. Agreed I can trawl through RNS’s.
Thanks all
I’ll stick with just UKW.