Member Info for zccax77

Gutter press too busy with TCG this weekend. Maybe won't hear anything.

Well there is no guarantee of that. Stuck between a rock and hard place.

How much did you lose on DEBS?

£600m is a lot of money for nothing in return. If they pump in the £200m, it will save £400m with the possibility of recovering the £200m in the future, but I doubt it will since TCG seems to be a money pit run by a bunch of clowns.

Usually with a bank you can turn things around since the working capital and equity are mainly cash. Not so with a travel company. I feel very angry as a tax payer at the BoD. But the choice is the government providing £200m or they rescue passengers at a cost of £500m. I prefer the former, but I also want the equity holders and BoD to be wiped out.

I am not sure they want to, the Monarch rescue cost £60m, they estimate that the TCG efforts would cost £500m. Unbelievable the BOD trying to force the government to act. The government should do a Northern Rock on TCG and wind it down.

If there is any bad news, I expect to know about it in the Sunday papers. The shorters will not pass such an opportunity.

MTRO not done too badly compared to other entities which have been relegated today such as INTU, SAGA and TED.

Bond prices have slightly improved from 75% to 79% again a bullish sign:
https://www.boerse-online.de/anleihen/metro_bank_plcls-flr_nts_201823-28-anleihe-2028-xs1844097987

A few weeks ago I said could drop to 100p, based on new developments no chance of it getting to 200p now. Post Q3 results this will be 400p.

7%+ shorts still open though. brave bu$$ers

What’s the useful economic life for these new boats? Just trying to work out the profit from them. Know it is 40m editda

40 is my average, will only sell at 120. This is a great business shorted for short term gain.

I think 1200p. Want to double my money.

I think the metrics in the Q3 will be positive. The only thing I am uncomfortable with is the coupon on the 500m debt they need to raise, since this will impact their P&L going forward from a NIM perspective.

and the times

Big smoke, how do you know this?

Whoever topped up in the morning well done!

Not sure if halving the rent would work in a place like Bangor. Look at HoF some of their stores pay zero rent and are still loss making. You have to remember that Debs and HoF are anchor tenants on most sites paying £10 psf, which is cheap by any measure but if the footfall and sales are not there then no point renewing.

Wish I had the money this morning would have made £1.5k.