The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
When its delisted?
DrMaccers,
I think if you read the DRC RNS its $10m revenues in the first year. Not profit.
So £8m revenues.
Staff to pay, kit to instal, office space required, training academy to fund. x how many airports.
Will it be project based finance with presumably a high interest rate to reflect the risk or will it be another placing or combination of both
It's not so much the value of the dividend that matters but the fact it gets flagged as such for about a month or so. That creates a mallaise with little interest and traders and the like go elsewhere for returns.
Two pretty obvious points are that firstly the Bid has been rejected. Secondly the Government in my opinion would never let the IDS and the Post Office fall into overseas ownership.
Probably best to take whatever premium is presently on offer.
Whereas I share your belief that UKF may provide some help I don't think it will be anywhere near the bulk.
Then as for bank finance, what bank would lend money to a company that never makes a profit and is presently showing a decreasing revenue stream. One that has also raised millions from investors and with very little to show for it.
So despite the cost cutting I just dont see sufficient money to get to one, let alone 5 DRC arrival halls, so best of luck but I won't be investing.
I might look to invest after the DRC contract is fully signed and with full transparency and knowledge of how it will be funded.
DrMaccers.
The results are horrible with pitiful revenue and not much money available and everything else is recovering in the airline industry except WSG. Given they already raised substantially previously on the DRC announcement 3 years ago and have spent it how will they finance things if it does ratify. Classic pump and dumper.
I think you are waxing lyrical. It's a revenue miss. Plain and simply. Over expanded quickly into a recession and advertising slump. More pain to come yet I suspect.
Bit of a cluster%%%% RNS this morning and yet more delay and a large dent in the financials.
It's corporate speak just like when companies say we have pleasure in announcing a fundraising.....Really....
I'm not optimistic what with the delays and think this one might end in tears.
Markets as you know can be unforgiving places if you miss expectations.
Where do we see this settling. We all know those market makers can be brutal and unforgiving. Its only money......
It has to be a shorters dream.
I take it the FCA will investigate and punish any wrongdoing.
What number does it drop to if it's not commercial?
One such transaction you can perhaps understand might have been an oversight but 119 and then a further 15 transactions takes the biscuit.
Some day traders would struggle to match that.
Is there actually a business case any more. That's the question?
That's never good news for any company.
Just be careful your money doesn't evaporate before your eyes in the coming weeks.
The court proceedings are chicken feed and it would cost more to defend yourself.
That is not the issue.
Frozen bank account would be.
Risky risky stock that at the moment just seems to walk from one situation to another and whilst all the time hoping it doesn't get hit by a you know what.
Best avoided until the war ends.
Has it reached Zero yet? Can't be too far off.
The excitement of the RNS soon fizzled out KPA1 for it is back to reality and PFC needs a lot of cash that it hasn't got right now.
It's not a surprising choice, is it? I gave you all the heads up prior that they needed to find the money for a 2p National Insurance cut.
ENQ would do better to retain and keep its cash pile just in case Oil prices fall into the summer months.