Member Info for WolfofWarks

‘ low Vix means investors in the US Market have become overconfident so it's not a good sign. ’

That simple eh?

Thanks for that lol

PeePee - I know all that. This isn't a level 1 AAT class for heavens sake. Plus you are slightly incorrect. Book value is simply the cost value left on the books after depreciation has been charged. So for example if BH paid for all there automation in the factory they might decide it's got a five year life and write the cost onto their P&L on that basis. It's got nothing to do with the asset that might be recouped in an administration, unless there are signs of material impairment.

I want to know how you use the value of fixed asset when analysing an opportunity and also what you do when companies don't have many fixed assets - like software company whose main over is an office with staff in - are they rendered worthless in PeePee investing encyclopedia?

''You don't understand net fixed assets and book value. My posts were all about net fixed assets and not net assets so you need to go and learn about net fixed assets and book value. I prefer to use these financial terms because they explain things so much easier.'

Come on PeePee spill the beans what are you going on about here? Since they explain things easier it should be too hard to tell us what you are gong on about?

PeePee - A low Vix is usually a good sign as it's an index that measures volatility, but it's not a perfect measure by any means.

The US is in a much better place than us. Inflation is coming down, the dollar is returning to more normal levels, low unemployment, consumers with cash in their pockets, etc.

Plus the Nasdaq was massively oversold last year. The large tech companies have the earnings and future potential to justify their increasing valuations. Even at $3t apple could run higher as it brings out new products and increases its service revenue which high ridiculously high margins. It's not tangled up in the AI bubble either.

Maid - you really need to understand that the debt is outsized compared to the value of the business.

It's literally as insurmountable pile of debt in which there is no hope of the lenders getting their money back, let alone unsecured creditors and abolsutely no chance of shareholders receiving anything.

I would have thought for local councils, unless they are in with the unsecured creditors should be getting paid at the moment as that is what the DIP was for and they should be fully paid by Newco moving forward as it appears to be fully financed.

Hi Okehurst - I think the gain would go through reserves rather than profit and loss with it being unrealised.

Regards

I can see it now clear as day lol.

I struggle to see this as Capex myself. For me that's always the asset type investments such as London HQ, NDS, automation, web development, etc.

Yes you’re right think I was thinking of the RevB delayed accounts. It’s all merging into one!

Where is it sitting in the balance sheet?

Couldn’t see any investment amount unless it’s tucked away in the intangibles.

'give them hell on social Media every time they post out film slate begging people to come and watch it at new cineworld we will send them all to VUE and other Cinema, until they really go skint, as there is nothing worst than shareholders Scorn'

He Maidit - Do you think the wider general public will be interested in a small group of protesting shareholders losing their money given COL, etc. You've only got to look at what is happening with the water companies in the UK, Joe Public likes the thought of SH getting a battering. Despite the fact that most of them dont realise their pension cash is probably invested in these big companies somewhere along the line.

Hi Okehurst - The £400m does not include RevB as the stake was purchased after the last set of full accounts which was up to 28th Feb.

I've gone into Meta & Draftkings this week and also hold Apple (which hit $3t again yesterday) and Tesla. Love the US market.

'You don't understand net fixed assets and book value. My posts were all about net fixed assets and not net assets so you need to go and learn about net fixed assets and book value. I prefer to use these financial terms because they explain things so much easier.'

What's your point on fixed assets then Pee Pee?

Only a boardroom level though right? The chairmen shouldn't be having a day to day executive role. That's what the CEO is for.

'Agreed JP - the media are spinning it as though 70% of shareholders voted them out, but the majority of shareholders didn't vote. It was essentially BOO plus a small number of other shareholders who voted, not exactly representative of the full shareholder population.

The share options were also transparent in the accounts which were approved at the AGM, so BOO saying they were 'hidden in 5 sentences' is laughable!'

This is what happens though in shares widely had by PIs. They don't exercise the rights attached to their shares either through lack of understanding or general interest.

'I wonder if Boo could sell the day before and still vote to try and put a spanner in the work. With the rules on settlement they would still technically be the legal owners of the shares at the time of the AGM, even if they had push the button and sold them.

Just playing really, as you couldn't sell that sort of volume in the market - would have to be a private transfer to someone who presumably would seek assurances that Boohoo then voted in accordance with their own requirements having sold.'

I think Boohoo genuinely have invested in the company for strategic purposes so can't see them selling for a quick profit.

He's not going to be running it though is he in all honesty.

Redhammy - While Bob had done a good job steadying the ship surely you cannot be convinced that in his late sixties he is man to take the company forward in what is an industry that needs to be run by younger more in touch exec.

It would be like having Justin Rose running Facebook.

It's convenient to forget that until recently RevB appears to have been run by a bunch of bandits.

No company is covered in glory at the moment imo.

I’ve seen CWWX on other boards and he looks a legit poster to me.

This tit for tat has got to stop now it's getting pathetic.

It's like a daily soap opera and can't be doing either company any good.