Luminar Group Share Discussion Threads

[hotfinance14] 04/1/2011 11:16

No chance...who would want this lemon.

[baldeagle5] 02/1/2011 16:55

New Year bid?

[she-ra] 14/12/2010 17:04

greedfear - It would take them along time to derisk.1-2 years to make it worth it.


Why did you pop up here today?

How did I ever deserve you trying to save me?

Your a good one.

[greedfear] 14/12/2010 16:46

I disagree. Banks are probably worse off if they pulled the plug. Lmr is (still?) cash generative. Banks are going to take all the cash possible meanwhile forcing lmr to sell establishments. Banks are going to derisk their loans to lmr as much as they can.

[she-ra] 14/12/2010 16:35

greedfear - Cheaper to pull the plug if that was the case.

[greedfear] 14/12/2010 16:20

It's a very bad arrangement for shareholders. Banks are squeezing lmr out. I don't see the new arrangements as a sign of trust. On the contrary, they've got lmr on a leash and took as much money from them now as they could.

[she-ra] 14/12/2010 16:08

greedfear - So let me get this right, youre saying that the banks gave them a few more weeks and wasted all those time consuming arrangements in the knowledge that they would go under?

They dont do that.They probably saw how things are looking at rebounding.

[greedfear] 14/12/2010 16:05

Like someone else stated here before: it looks like the banks are milking lmr for cash.

[she-ra] 14/12/2010 16:02

Scott84/greedfear - You a double act or something?

[greedfear] 14/12/2010 15:58

Banks charged 8 million for the revised facility. And it looks like lmr had to use all their cash for bank loan repayments. Banks are killing a recovery imo.

[greedfear] 14/12/2010 15:53

This will go down a lot once the TS appears imo. I'm expecting a new all time low.

[baldeagle5] 14/12/2010 15:49

Scottieboy - watch & wait, watch & wait.....

[baldeagle5] 14/12/2010 15:38

SHERA - Scottie will be eating most 'umble pie soon.

[she-ra] 14/12/2010 15:14

With sucha low market cap and the fact that Luminar was once worth £300m plus more debt then there is now you might actually find you are wrong.

[scott84] 14/12/2010 15:08

Maybe Weatherspoons to convert more bars into Lloyds, other than that
you would be clutching at straws to name a bidder prepared to take on
all that debt ?

[she-ra] 14/12/2010 15:03

Scott84 - We believe you.

[scott84] 14/12/2010 15:02

320k volume, not exactly large is it !

[scott84] 14/12/2010 15:01

I had no idea the share was rising, just noticed a new post and read
it without looking at the price, i dont even have Lmr on my monitor.

So who is going to bid for Lmr and why would they bid, do they have
much left in the way of property jewels to make a bidder buy all that
debt as well because the business side of things is struggling ?

[she-ra] 14/12/2010 14:58

Scott84 - "Why would i be worried !"

So you suddenly appearing when the share starts rising is just coincidence is it?

You'll kick yourself if a bid comes in.

[scott84] 14/12/2010 14:53

Why would i be worried !

I can see for myself when i go out how these over-priced clubs are
struggling !

[she-ra] 14/12/2010 14:51

Scott84 - Worried are we?

[scott84] 14/12/2010 14:50

Who would buy these !

Suicidal if you ask me with all that debt and a struggling business
with strong rival competition taking market share from them.

[baldeagle5] 14/12/2010 14:48

Bid approach rumours.