Member Info for threeputt

probably the same guy who bought 437,500 in 2 tranches at around 1.39 on Tuesday and sold them at 1.33 on Wednesday lol

unfortunately no-one seemed to share their belief that the company is undervalued, the killer line is at the bottom:
"The Board confirms that it is not in receipt of any approaches for the Company at the date of this announcement"
they have no choice but to put a spin on it and carry on, you might get a small rise but not one that is going to rocket imo

Maybe you can pay to get a story put in there..... I would have expected to be able to find a similar article somewhere else but I can't, any which way to raise money eh

They have an overdraft facility and I imagine they are using it, never been able to find out what the facility is From 2022 results:
"In February 2021, Clydesdale Bank PLC trading as Yorkshire Bank offered the Group an overdraft and other banking facilities. As a condition of these facilities the Company entered into a multilateral charge and guarantee in respect of bank overdrafts and other facilities of all companies within the Group"

Are they Chelsea in disguise ?

I'm not in and unlikely to buy but 2 things come to mind having just seen this:
1. Surely the dumper wouldn't dump that much in one go as an insider as they would be open to being caught fraudulently trading with inside knowledge
2. SIS haven't released a 'no reason for the drop' rns so I guess they must indeed know of a reason

interesting though......

those 2 sells this morning at about £2.5k each, they would have been worth about £400k in total once

I love the Freudian slip there Mark, I think you meant 'concluded' lol

let me guess:
"whilst there have been delays.....but these long term contracts can take many years to finalise......all of our prospects remain as prospects....indeed we expect at least one imminently and we expect to have funding in place for these, but just in case we don't we'll send a sweetener to the market cos really we need money.....ratification process continues and remains in place to be ratified very shortly......indeed I'm just about to board a plane to get a signature now......hit the ground running......we expected multi million pound tech project by now but it's coming, honestly.........we came out of the mediation process with Scanport very well.....we are pleased to be partnering summa.......the new airport carries 3 times the amount of passengers.....meanwhile Lunghi continues to add revenue....Saudi Arabia prospects continue to show promise.......btw we've had customer related delays in rolling out the massive tech contract we received 2 years ago but we'll put it down here and brush it under the carpet"
Sound about right ?

https://www.barchart.com/stocks/quotes/RBGP.LN/cheat-sheet

Date on which the threshold was crossed or reached vi: 14 October 2022

Date on which issuer notified (DD/MM/YYYY): 30 March 2023

cloak and dagger stuff or what !

also why release the trading update on 27th March when they told us they were going to "announce its pre-close FY23 update on Friday 14 April 2023" within the January trading update ? Why the rush to bring it forward ?

only one clown here....

not so sure, reading between the lines the waiver is conditional on them doing something about the mounting debt before the next covenant test

been interested here for a while mainly based on those big director buys back in December, thank f i didn't buy, certainly not now

still puzzled with several things regarding the trading update,
- "lower equity volumes in Feb & March" - really ? the sell off and volatility just prior to the update must have been off the scale and right in their sweet spot, I would have thought they must have been inundated with margin calls, maybe the update was written before the recent volatility
- why issue the update during trading hours ? - most unusual
- all these broker downgrades coming in day by day rather than all at once

It's like they are all doing their best to drag the sp down, I know it's unlikely but the sceptic in me is looking for some form of ulterior motive

I was in the unlucky position of buying back in here an hour before the trading statement, it left me with a share that would likely fall further but wasn't really worth bailing just in case, my exit strategy although of risk is to wait for the next update which I imagine will be equally poor and marked down by mms, but in which I'm envisaging a low where I can average down as I feel there will be value at that point. My reasoning is also based on the fact that directors are yet to put their hand in their pocket to show positivity

not in personally but i recall this one raising recently at a huge discount, wondering if those placees managed to get out with their profit in time.....

167, blink and you missed it......and I did

As opposed to Tom Cooper, which is Tomfoolery :)