Countrywide Share Discussion Threads

[w1ndjammer] 30/12/2019 08:43

ho dear the halfwit has rocked up.........

WJ.

[onjohn] 30/12/2019 08:13

All those poor sods bought for vanity having a cert with 100,000 on it

now they left hung out to dry

[convb] 29/12/2019 18:35

Yes this will look expensive to someone who doesn't understand basic mathematics.

A layman's definition of share consolidation.

''A share consolidation occurs when a company decreases the number of shares it has on issue. This causes the share price to increase proportionally, so that the value of each shareholders' holding remains unchanged relative to the market capitalisation of the company''

[hillofwad] 29/12/2019 09:01

Yes .this is going to appear very expensive tomorrow. I wonder how far below 360p the share price will end up?

Talking of Balance Sheets
,Turvart which bit about Bricks having over £30m in the Tommy and CWD having over £60m debts don't you understand?

How much will CWD be having to write off "assets" with the fire sale of LSH?

[misca2] 27/12/2019 12:17

Upcoming events on COUNTRYWIDE PLC


DECEMBER/27/2019 | 10:00am Shareholders Meeting

MARCH/05/2020 FY 2019 Earnings Release (Projected)

[blueball] 27/12/2019 12:15

Lol purple.

[blueball] 27/12/2019 11:37

Looking for a break-out next year to 11p/12p.

[middlesboroughfc] 27/12/2019 10:41

Yes thats why Someone just bought a huge stake in PURP

[turvart] 27/12/2019 10:35

Go and take the accounts to an accountant because it's obvious to me that you don't understand how to read them. PURP is actually in a worse state than CWD, it hasn't been priced in yet with PURP!

[middlesboroughfc] 27/12/2019 10:29

yes but everyone going online , cwd has too nany loss making shops

[turvart] 27/12/2019 10:27

Purp have got worse fundamentals than CWD are you serious? look at PURP balance sheet if you even know how to read one!

[middlesboroughfc] 27/12/2019 10:24

0 0 0
Company Voluntary Arrangements
If your limited company is insolvent, it can use a Company Voluntary Arrangement (CVA) to pay creditors over a fixed period. If creditors agree, your limited company can continue trading.

If you’re a sole trader or self-employed, apply for an Individual Voluntary Arrangement (IVA).

How to apply
A company or limited liability partnership (LLP) can apply if the directors or members agree.

You can only get a CVA through an insolvency practitioner. They will charge you to apply for the CVA and also to administer it.

What happens next
The insolvency practitioner will work out an ‘arrangement’ covering the amount of debt you can pay and a payment schedule. They must do this within a month of being appointed.

They’ll write to creditors about the arrangement and invite them to vote on it.

The CVA is approved if 75% (by debt value) of the creditors who vote agree.

You’ll need to make the scheduled payments to creditors through the insolvency practitioner until these are paid off.

Unless three quarters of those who vote approve the CVA, your company could face voluntary liquidation.

If you do not meet the agreed payment schedule, any of your creditors can apply to wind up your business.

Related content
Find an insolvency practitioner
Liquidate your limited company
Options for paying off your debts
Dealing with your limited company's debts
Explore the topic
Selling your business and closing down








too many shops need to close

PURP on way back

[turvart] 27/12/2019 10:20

You carry on! I'm not interested in your comments, the share price is doing the talking!

[hillofwad] 27/12/2019 09:59

Well you seemd to have spent half of Xmas talking to yourself !

[turvart] 27/12/2019 09:54

Have I got to spend all day talking to you hillofwad? zzzzzzzzzzzzzzzzzzzzzzzzz

[hillofwad] 27/12/2019 09:49

Turvart

You are priceless Leeson might have been a good trader but he brought the whole show down and at least Baring's had the good sense to get rid

Likewise Long has wiped hundreds of millions of shareholder value off the map but is still on the premises

[hillofwad] 27/12/2019 09:44

We are discussing the strengths and weaknesses of the BODS heading into the future

I dont know what you are expecting from H2 results where the market has been challenging but wwahtever that is alraedy well factored in and unlikely to be significantly better than FY19

[turvart] 27/12/2019 09:39

hillofwad,

you post "They couldnt have done worse if Nick Lesson was in charge of petty cash"

Nick Leeson actually! and he was a very good trader!

[turvart] 27/12/2019 09:34

hillofwad,

I tell you what, you have your view and I have mine, how about we stop debating about this until H2 results come out?

[hillofwad] 27/12/2019 09:28

Dont hold your breath about H2 Pedestrian at best Slow recovery which would be hastened with Long's departure