Angus Energy Share Discussion Threads

[sincero1] 20/1/2022 10:35

ja51contractvoidoilerWG818 "The sooner the company disappears the better as far as I'm concerned"
Why anyone would listen to anything this horrid little nobody still posts after that comment is a mystery. the usual grey old disingenuous crayon eaters reply and support him nd therfore clearly should also be ignored.... what helmets...

[jtidsbadly] 20/1/2022 10:26

JA51: can you do a placing while you’re officially under offer by a potential acquirer? I’d be surprised if it’s allowed without their permission but I don’t actually know the answer.

[ja51oiler] 20/1/2022 10:20

CQ

This is all new to me so I don't actually know if they can do a placing now?

It would seem logical if they could they would have to wait until after 3.30 today wouldn't it?

Took them about a week last time they held a GM (for the same reason incidentally) to announce a placing. So that would be Today!!

[jtidsbadly] 20/1/2022 10:19

JA51: I’m not sure whether that news is good or bad..

[jtidsbadly] 20/1/2022 10:17

Yes, CQ, once he’s sold them all. It’s kind of Frazer Lang to accept the Sound offer and thus support Mr. Forrest’s price while the latter sells. Will Sound withdraw after their 28 days on the grounds that the Anguish Board declined their bid, leaving Anguish with no option but a placing?

[ja51oiler] 20/1/2022 10:15

So whilst we pass the time waiting for the JTP Holdings RNS to arrive (surely he must have to submit one) The CPR figures are now actually above the forward sells on the ICE.

[clottedq] 20/1/2022 10:09

JT,

IMHO, I'm expecting Forrest (Gump) to keep on running... until the placing is announced OFFICIALLY to everyone else that is...

CQ ;-)

[jtidsbadly] 20/1/2022 09:51

Yes, Jonny and Frazer Lang. Mr. Forrest appears to feel that 49% of Poundland is enough for him.

[sincero1] 20/1/2022 09:35

site progress continues , company confidence, additional finance added in Dec , agreement via gm for additional placing if needed ( no guarantee of a placing however much the detractors say so and predict every single day since ) , approaches from multiple companies . share price up 80% in the last few days ...

hits for a non shareholder you are really putting in the effort to warn and look out for us shareholders ., i appreciate it thanks .

crazy old chickbait , get back into therapy asap .. posting at 4am and back at 9am .... says it all ... mind.org make that call .

[clottedq] 20/1/2022 09:33

Chickbait,

When will we hear from Tidswell? Has he sold down and kept quiet about it... or have I missed his notification?

Or does that 20 year old Eastern European with a starter company still have all his holding and is refusing to count them?

CQ ;-)

[chickbait] 20/1/2022 09:27

From next door.

love it lol..

ocelot

Posts: 16,727

Price: 1.125

Strong Buy

RE: No more news?Today 07:58
An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period ... (RNS of Thursday, 06/01).

So that's 3.30pm today.

[clottedq] 20/1/2022 09:26

Agreed HITS... a very astute summary of the current situation IMHO.

The issue with a partnership / buy-out is this appears to be a "partnership of equals" i.e: both ANGS & SOU seem to be suffering from the same serial curse of ineptitude and failure.

I guess the BOD theory is: why have one set of failing management when you can employ and pay for two! Shareholders of both companies must be thrilled!

CQ ;-)

[3put] 20/1/2022 00:45

I guess we'll see soon enough

-- yes we will. You said it was all about how much gas we have and the size of any offer. You also told us the price would go up.

I'm sure we will keep going round in circles every day until we see the next moves

[3put] 20/1/2022 00:44

Warrants at 1.2, I think we all agree cash is coming

Careful, George has taken the superficially counter-intuitive step, you don't want to be known as a ramper.

[headinthesand] 20/1/2022 00:27

CQ, although I'll agree that ANGS needs cash in the very near future (the rushed new authority sought and gained plus that snippet of a further "up to 10% of budget cost over-run for contingency" snippet buried in the Jan 6th RNS are fairly obvious indicators)...

...I cannot believe that this whole FSP is a mere and glaringly obvious smokescreen attempted to grease the way for a placing. Surely that's just too blatant, even for ANGS?

There is another possibility - and it's related to ANGS's ever-continuing track record of not revealing info, even though it should.

Is it not more likely, given those two separate alarm clocks of debt repayment and hedge fulfilment that are inexorably ticking down, that ANGS may have come to the realisation that there's a significant risk that it will not be able to get Poundland over the line by itself? After all, failing to do so in the required and ever-shrinking timescale would be company-ending.

If so, maybe this is a matter of even more cash being needed that ANGS doesn't think it'll be able to raise? Or perhaps the combination of already experienced delays on site, combined with new information on extra difficulties means that those crucial timescales are liable to be missed? Or both?

That would seem to me to be a more logical reason as to why George has taken the superficially counter-intuitive step of announcing an FSP right now, just as Poundland is (according to all the company's albeit continually revised estimates) about to start delivering untold riches?

I guess we'll see soon enough. Given where we are now, in my view it pretty much either has to be a sizeable placing or a board-approved offer - and regardless of which, fairly sharpish too.

The one single thing ANGS cannot afford to do is to sit on its hands and do nothing. So raise or sell would seem to be the only two options on the table for George and cronies.

[3put] 19/1/2022 23:11

I'll go away if you tell me how to add gifs!!

[3put] 19/1/2022 23:10

How could you

[chickbait] 19/1/2022 22:54

I used to love this song:

[chickbait] 19/1/2022 22:47

3Put. Don't give up the good fight..

[3put] 19/1/2022 22:42

hxxps://youtu.be/vL41VpNAv6I

[3put] 19/1/2022 22:38

Haha, very good.

[chickbait] 19/1/2022 22:37

3Put. This is a fab movie as well: