Member Info for Thunder2040

Doubt it, until H2 when energy bills are expected to drop a little. really keen to see the white paper impact here - some awful predictions, some positive..hard to know for sure which way it goes. I think the levy needs to be lower for land based operators Vs online..that is key

For the investors talking about p.e you are better looking at earnings to e.v given most of the enterprise value is debt

£80m adjusted bottom line Vs that debt is a long road but no more skeletons came out..fair play to holders..white paper next up

Seems odd to report such a bad update whilst be a potential buyer for the co...simply can't trust this guy

I thought they were ok, but the loss is half the market cap roughly..still I think the market knew that and will see these as ok results given circumstances

Will take a look under the bonnet tomorrow

The net debt is virtually the same as the mcap..the ebit loss will eat large portion of equity..interest costs on top of that are very high..and they need vast liquidity for the new contracts...and we don't know at what margin..all in all, still one to avoid here for me atm

Shorts buying back, white paper leak, results run up, low interest rates to return, takeover...take your pick really but it's moving strongly today

Goverment white paper on gambling out any day now with potential for many more gaming machines in land based casinos and sports betting permitted on site - expect Rank to benefit..also allowed to grant credit go international players. With the Chinese travelling again now this could also boost Rank a lot IMO

Jefff you sound stressed. You also have no idea who you are talking to on these boards. I suggest you switch off for a while and come back when you are less clouded.

Ok jefff, do you actually know what a super cycle is? Do you think that there will be no rate cuts? Market may sell off and we may get a recession but they will pump it back up faster than you can say 'print'. They already look like pivoting before the recession has started haha

That is me back in here, there is still a commodity super cycle in play IMO, if inflation remains, you want to be in energy or physical assets

Revaluation of balance sheet deferred tax using 75% needs explaining on the call..but its non cash item and linked to timing differences on tax payments vs tax on reported profits

Not holding, but I am mortified by the windfall tax, it is possibly the worst economic and strategic decision I have seen by gov. in my lifetime, goes down with Brown selling the gold reserves and thatcher closing industry..just simply out of order and has damaged uk as a place to invest for many many years.

People assuming a buyer would pay down all the debt, unlikely - especially not the long term stuff..this is in play for infrastructure funds IMO - growing and resiliant revenue

You can't trust it atm, price shoots around all over the shop, only thing that matters is the close

Tbh reading the JFN glassdoor and recent hr tribunal in the press was a red flag..giving it away for £3 implies something has gone seriously wrong over there..revenue increasing but operating profit stagnant overall, so margin gets worse again..I have to say this is looking like a basket case indeed.

The bus does not run, no fuel cost, no wage paid. So how are they expecting to force managements hand? The offer they had is good imo and its greed now and politics driving this. Would not mind if we walked away from west midlands. Nex tried to do rihht thing for tacpayer, holding fares low and this is all the thanks they get

Seems the shorts still think it goes lower

100% of pre pandemic volume with 80% capacity in Alsa coach..Stamp reading the riot act to shorts now on leverage lol