Member Info for TruthSearcher

@Bebeto - well done mate, good to hear that, I should have done better but have been too cautious, on the plus side still up 5% overall when a lot of shares have gone down and looking to make some solid investments for the long term given the bargains that exist

@TF - Maybe the RNS was a lie as well ? Interesting just tried and can buy £25k in ESL in one tranche on II if I want no problem

@Ethio - I have been in the past ! Never know what the future may bring either !

Agree Rob, they will delay the financials for as long as possible so they have more visibility on trading, which makes sense. And as a cash shell ESL has not need to report anything until the trading business is ready to update. I don't doubt your sincerity over the BBC news report, unlike others, thanks for the tip !

Icartz deramping ESL - you couldn't make it up lol

@Ethio - as usual you re-post only half of what I said, you don't post the other half, you get half of it wrong and all probably because you only have half a brain to work with - and the fact that you celebrate the twitter crew joining with their statements in breach of FCA rules as a positive says that at the end of of the day you don't care and don't want to know anything about the truth or facts. What a sad place to be...

@TF - it’s a waste of time talking to Icartz - I’ve posted about 12 times today and he keeps saying I’ve disappeared lol - I don’t think he knows which day of the week it is and if he did he would probably write it wrong

@Goliath - no trading update today from Wincanton lol

@Icartz - Actually mate I'm happy for you - it was due a rise after the falls last week, I nearly bought myself at 7.6p for a quick trade this morning but went for Novacyt at 282p (based on lemonades view yesterday) - should have gone for both lol - You know I worry about the medium term here but as I said there is money to be made on trading here. Hope the rise continues today for you.

A Nigerian Prince AND a racist - interesting and slightly contradictory combo TF and very unlikely, as I understood you to be a Cumbrian gent, keen cyclist and a trained accountant - and I think we can both say we both definitely do not have Twitter accounts !

Hey Ethio - I predicted a drop of between 1 and 4 % today - see my post below copied below from 11:59 yesterday - According to the London Stock Exchange ESL dropped 2.47% today - so don't listen to me if you don't want to - but your capital seems to be reducing while my forecasting remains totally accurate, unlike your wild predictions. Or have I misread the closing price ?!

https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BD8QVC95GBGBXASQ1.html?lang=en

TS posted 19/04 at 11:59

"Barring a very bad or very good RNS, neither of which I expect tomorrow, I expect there will be a slight re-trace in the markets tomorrow after the strong rises last week and ESL will probably end up between 1 and 4% down by 16:30"

@Blubelle16 - that made me laugh, thank you, and there are some days when I think you are spot on lol !

That's not a good sign - indicates a need to marginally cost to increase cash as assets are standing idle ?

Yes used to hack me off that you would argue to get paid and then when you did your shop you had to pay at the till lol

@Mark - all types of contract, the only ones without a fuel mechanism were the sport job rates which only had a validity for a job or sometimes for a campaign over a week, and very occasionally for one month - as per the note from the RHA PDF on Page 18

@TF - All be it a few years ago, all the big deals I did, including Tesco, had escalators for fuel which moved up and down to protect both parties.

300 litres per day x 2500 units x fleet average of 5.8 days at a saving of 15 p per litre = £652.5k saving per week = £33.93m saving per annum - Wow - at a P/E of 7 that equates to additional equity value of £237.5m - assuming all the benefit stays with ESL and is not shared with the customers....I think I will re-mortgage and invest it all the proceeds in ESL ! Tesco won't ask for any of the benefit I take it, I mean they like to treat suppliers generously don't they, because as they say "Every little helps"

No Mark, I don't think you got it wrong, that's how it looked to me as well and many others. Borderline legal and totally immoral.

Yes I agree Mark, I'm not a big Mike Ashley fan but totally agreed with him that the outcome was outrageous - I thought Debs was a bigger prize than House of Fraser - I guess he is glad now he wasn't successful, but that and the Flybe fiasco shows me that when there is big debt about the risk is often too high.

Agree Mark you nailed it ! You mentioned Debenhams and I wasn't invested there at the end but did some trading which broke even, a few wins and a few losses. I really didn't think it would go into administration with Mike getting wiped out but it did. I guess with ESL you are working on the basis that DBAY wouldn't want to wipe out their 27.3% in ESL, which I can understand. But then again it depends on what the overall pressures are and how they can deliver the biggest longest term gain for themselves. Just remember the unexpected can happen in normal times, these are definitely not normal times.