Member Info for WolfofWarks

Bonkers - are you a United fan? I used to have a season ticket up to 2010 and went to a lot of the aways as well. Was very heavily involved in the green and gold protest around that time

This is where this board does make me chuckle.

United is a sporting Goliath, an advertisers dream, completely self sufficient financially.

Whoever buys it instantly gets propelled into the global spotlight.

HNS - The problem with your theory is that the valuation comes in 2-5 years time. So if the investors have that particular future value in mind it will need discounting down to today's money. Which in times of high inflation/high interest rates murders down valuations. The finance needed to make such an acquisition is now much more expensive.

Elvis - take a look at what you're posting and give your head a wobble.

You're like an irritating five year old who won't leave you alone while you're trying to do something.

I'm going to go back to ignoring you.

Amongst other things Elvis.

You clearly have no working experience in finance. What did Hexam call it ‘pigeon accounting’.

Why you were trying to make out you are an accountant, unless googling counts, is anyone’s guess.

Why wouldn't they be? EY are accountants right? What ever happens here will have big tax consequences on whatever course of action is taken.

It's your fascination with bits like this that make me think you haven't got any real world experience, especially considering you were telling us not so long ago you were an accountant.

‘ You have this answered your own question earlier then Wolff, if you assume no other price target than zero is the only game in town, ‘

I haven’t said this but for some reason you keep stating it.

‘you will be either short (even though you say can’t borrow shares)’

I’m not. Again if you can point me to a retail broker that lends out shares. It’s the preserve of the simpleton to constantly accuse other PIs of being short.

‘or just here to pi..ss people off as you are not invested. I think that’s what you call get a life!’

There’s plenty of intelligent discussion here amongst the adults. You’re just not involved in any of it. This is a token Elvis reply.

I don't think rubbing pained LTH's nose in it that you have bought in on the drop will add any particular value mate.

This isn't rocket science Elvis.

The company has ran out of cash, is in bankrupt proceedings, has debts well over what a sale is likely to achieve and the company itself is telling holders there will be heavy dilution and potential wipeout.

I haven't said shareholders will end up with zero, but I'd be amazed if though is no significant solution because the maths doesn't stack up.

If it does turn out well for holders I'll be absolutely delighted, even for you :)

It's a discussion board though Elvis.

People have opinions, sometimes strong ones.

Get over it.

They probably need seating areas I would expect.

Just seen on sky store that Megan is available to rent already.

This is one of the problems the exclusivity window is so small now.

Elvis - have you ever thought it's you perhaps?

You don't seem to be able to handle anyone having any kind of different opinion to you without being childish, petulant and more often than not downright insulting.

I never said the lawyers bills are ‘tosh’ as you put it. But they don’t give the fantastic insights that you claim. They are carrying out all the work you would expect them to in this scenario.

Elvis - have you ever worked in a business?

So what?

Elvis - this is just the normal course of business in these situations. There's nothing juicy about Plcs having plans, contacts with FCA, tax advice, etc.

It's meat and two veg.

Elvis - CW V2 could be a shell and Mooky can attract investors and build himself a war chest and start all over again by making acquisitions. The bit I don't get around keeping the Plc going is what happens to the CP claim?

The company has run out of cash Elvis so Mooky & Co are trying to salvage something, save jobs, etc, and carve themselves something out. The debt has to be cleared and someone has to pay the price and it usually starts with those at the back of the queue and then works its way forward. It's a complex legal process involving a global company, still not too sure why you are so star struck by the size of the legal bills. It you can find a better way for the company to wipe over $6bn debt and keep the shareholders happy then I am all ears.

Do you think there's much mileage in sporting events? I've seen it before Champions League games and stuff. There's always something going on like PL, World Cup, six nations, etc.

Maid - this is a discussion about the actual company but your charts.

Elvis - is all we are seeing in the process in motion - exactly what we have been told is happening.

I wouldn't look too much into it.

Hexam - I would agree on a slimmer CW with free cash flow again might command 10-15 PE. The only part I would question is where does the future growth come from to command the higher of that range. Unless cinema makes some hugh resurgence or they find other ways to monetise the theatres. It looks to me like ticket costs are gong down in order to attract customers rather than up so they are having to work harder and harder to maintain the sane revenue.

Hope that makes sense.