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[mrbridgeruk] 07/2/2017 10:26

It's 10 million and 70million of debt.

[kmann] 07/2/2017 10:17

Established delivery Network, try setting that for £10million quid. Someone going to take a large wedge here imo.

[760il] 07/2/2017 10:13

This could go the same way as poundland. Opportunist bidders.

[reallyrich] 07/2/2017 10:08

Thanks for that BulletAnt

[kmann] 07/2/2017 10:07

Looks overdone now. Time to buy.

[trickster1] 07/2/2017 09:50

Predator bidder??


opportunist bidding could be comig??? DHL again?

[bullet ant] 07/2/2017 09:48

7% of the company just got bought

[trickster1] 07/2/2017 09:12

I am looking for 10p close.

[trickster1] 07/2/2017 09:11

BRING it now

[pugugly] 07/2/2017 08:48

Bob Holt appears (imo) to have taken his eye off this - I have a lot of respect for him but in this case am worried

[reallyrich] 07/2/2017 08:38

Larva 1p bid lol hope so

[baticle] 07/2/2017 08:38

It's a vicious cycle, Debt costs money to service putting on further pressure.
That with rising fuel prices putting pressure on margins is worrying. I'm out

[trickster1] 07/2/2017 08:37

Took some for a punt

[larva] 07/2/2017 08:30

net debt consequently higher than expected

Scared

[mrbridgeruk] 07/2/2017 08:29

The fall has been a strong possibility for a while, the only beacon of hope is a takeover bid at 10p.

[s34icknote] 07/2/2017 08:28

And the directors bought shed loads at 17p 4.9 million and 2.5 million April last year I think !

[larva] 07/2/2017 08:28

downgrades and dividend cut


Gotto laugh


Bank covenants to get breached next?

[salpara111] 07/2/2017 08:23

It is a very crowded market and margins will always be low as effectively anyone with a van can set up in business.
The only question is whether they can be one of the lowest cost operators.
The results suggest that they are not.

[reallyrich] 07/2/2017 08:14

Poor managemwnt not quick enough adapting to change. Would wait unril they change.

Stopping rhe divodend ia ok if it helps

[eezymunny] 07/2/2017 08:14

All very predictable...

uk.advfn.com/cmn/fbb/thread.php3?id=31506105&from=755

Hard to sympathise with those who have lost money today. Possible problems have been well flagged on here many times.

What on earth were they doing paying those huge dividends? Laughable.