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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.
It appears more like a continued down hill to 20p.
The easiest way to lose your money is listening to rampers.
No results day boost and articles picking up on the loss over everything else so the worry has to be this slipping back further.
Those trying to day trade the results will cut their losses and suppress things further.
Could we see 25p within the month if others sell out of frustration also?
Never gamble on results. Simples
Too much outgoing on capex, decommissioning and on hedging.
There are so many better oil companies out there that make profits and pay dividends.
Extended by a year if the Torygraph and other morning papers are correct. Just when everyone thought it was ending.
Does that mean a scaled back dividend then.