Greetings all! My neighbours thought I was dying because I used this quiet January to try shaving my head.Fortunately not the case. Was alarmed to see the share price creep back up. Selling at £1.30 prevented hair loss.
It’s pretty screamingly obvious, but message isn’t getting through. The cash needs of this business are beyond its capability and capacity. Even if somebody was daft enough to lend to it, it couldn’t afford to pay. Let me try yet again. IT CAN’T PAY.
RE: What a rights issue could mean in reality?15 Jan 2024 12:44
My first thought is not to listen to someone who got themselves into such a disgraceful pickle. Not forgetting the opportunity cost lost to all those years of crap. Instead listen to me, totally correct all the way down from £1.30. Get out while you can to salvage what’s left of the shattered reputations here.
Still the LT trolls are insisting you top-up, don’t sell, shorts squeeze coming, refi Aidan magician, £1 party, block and filter the common sense. When will it end you scroti?!
The other special type of idiots here are the “LTHs” who have put everything and more into this one share. Defies all belief and understanding. “Vetrans” (sic) and the like whose sheer stupidity they mask as moral and worthy investing.
Comes with a health warning (not the orange juice although some insist it’s deadly). Sold at £1.30 ish with a small loss and have been warning ever since. Hadn’t thoroughly done a cash forecast but soon realised this is bankrupt in the proper sense of the word, or D4E at bugger all.
RE: The inescapable facts are that shorters9 Jan 2024 12:37
The short-term relief bounce is OVER. Wake up to the reality of the massive cash outflow headwind. Can’t keep robbing tomorrow’s payments on account. Working capital has to be funded. Securitisation of contracts is overdue. And those huge impairments have to be paid for in cash. The lenders are knocking at the door. CFO likely struggling to produce cash flow forecasts to prop it up, screaming at the pricing team for different outlooks.