Member Info for zccax77

Imagine lending a bank money and they turn round and say we will pay you back 38p in the £1.

Look up what happened to Aviva when they tried to do that and ultimately Mark Wilson being ousted.

*doubt

I very much they could "CALL" it back below par.

Down again now to 38's. Wonder if the BoD plan to surprise us with another £240m half year loss?

LOL, what a absolute dog.

There is a reason Bradford is underserved, I am sure there are plenty of HNW individuals residing there.

Also remember most of these leases are now underwater since their lease payments are higher than what currently they currently trade at. Look at Hammerson's share price to get an idea and read Next's latest results where they say any leases which they renew are done at between 30%-50% below previous passing rents.

MTRO have £700m of future lease commitments under these onerous leases, even if they provided 30% for them that is a hit of £200m.

How is he going to renegotiate? 25 year leases with no break clause and to top it off they have spent £5m+ on each location. The landlords will laugh in Dan's face. These guys have in most cases completely demolished and rebuilt most of the landlords properties. All of this was done to give Hill's missus a few quid so she could call herself a architect.

The only risk I can see with a changing of the old guard is the need for more kitchen sinking. Let's hope H2 results don't include another £240m loss.

Why don't these clowns sell their value retail portfolio? it will easily clear all their debt.

It took Mario Ferreira 6+ months to build a £10m position, how long do you think it would take De Haan to buy the additional £25m shares on the open market? I can see LTI's perspective. However I brought my additional shares at 11.30p instead of 12p just to save some money.

LTI why did you not just buy in the market the additional shares?

Just buy the excess in the market, it is cheaper. You also help soak up the float.

I got all my allocation on the open market, Sir Roger can have my open offer shares since I know these will be tightly held.

I plan to buy my entire allocation in the market, so that Sir Roger gets all the shares he wants. This I hope will ensure the shares are in sticky hands.

The Bond has breached 39p/100p.

There we go.

Just waiting to take your money and plunge below 10p

Their insurance business will make £140m this year (£70m H1 2020). But the market still thinks this is going to zero. They should have sold at 33p.