Equals Share Discussion Threads

[melton john] 20/11/2023 09:12

I don't think so, certainly not to keep the lights on.

Cash flow statement at interims £M

Start 15.0 End 17.9

[toptrump1] 19/11/2023 23:20

placing coming

[shstt1] 19/11/2023 22:33

Hmm I guess some will read it the way they want to read it.

From personal experience though, never known a company putting itself up for sale as good news

[eeza] 18/11/2023 11:08

"they’ve changed their outlook from being ahead of expectations to being in line."


What they actually said was:


"Current trading remains in line with the Board's expectations."

Which I take to mean their expectations of 'being ahead' as previously announced.

[shstt1] 18/11/2023 10:50

In their statements (interims and response to speculation) between 8/9 and 1/11 they’ve changed their outlook from being ahead of expectations to being in line. I’d say something has happened, the directors want out (maybe similar circs to AGFX and costs of expansion will reduce bottom line)
Think about it, they took a long while getting the uk business to be profitable and they have wanted to expand across Europe, that doesn’t come cheap. In order to roll it out across different countries the investment needed is too much for them which would damage the share price in the short term, it’s difficult to raise money presently, the market is brutal and punishes the share. They’re not youngsters, have young families and probably don’t want the headache of it. Cash out at the high, take their millions and retire, or have a cushy position still managing it under some much larger and well funded organisation. Just my thoughts. Dyor.

[dicktrade] 17/11/2023 11:20

Pre close TU is scheduled for w/c 8/1/24

[eeza] 17/11/2023 11:18

5 Dec last year - so ~3 weeks

[qs99] 17/11/2023 10:44

can't be long before next TU as well based on last year no? DYOR

[66fingers] 16/11/2023 23:46

Thank you for the advice folks.

[boozey] 16/11/2023 22:46

An announcement can be made at any time and if 29th arrives and talks have not concluded they can be extended (announced by an RNS). by the same token talks can be terminated at any time and announced to the market.

[hutch421] 16/11/2023 17:27

29th November 2023.

[66fingers] 16/11/2023 16:50

Does anyone know if the 28 day standstill period has to elapse before any announcement is made regarding talks or if an announcement can be made earlier if the talks came to nought?

[boozey] 16/11/2023 11:53

carcosa, you may well be right. But the timing makes me suspicious as does the fact Peel Hunt have been ditched after only 6 months, as does this issuing of the Executive team options and as does the rushing through of the dividend.

Nothing happens without reason.

[carcosa] 16/11/2023 09:29

Ermmm.. The advisor has not changed. Canacccord were already appointed on 26 March 2021.

Peel Hunt LLP were appointed as joint broker in 30 March 2023 and have now been ditched. Peel Hunt are in trouble having posted a loss and it's not looking so good for that company.

[eeza] 16/11/2023 08:32

Yes, I read it the same as Boozey. Corporate action likely.

[boozey] 16/11/2023 08:29

redartbmud, interesting observation. I confess I read completely differently into this Adviser change. Canaccord Genuity are specialists in friendly and hostile public take-overs and mergers...maybe their previous Adviser did not have this expertise..

[ashleyjv] 16/11/2023 08:02

wouldn't surprise me, someone definitely dropped the ball

[redartbmud] 16/11/2023 07:53

Wonder of the Cannacord move is as a result of the recently botched fiasco over the business up for sale episode?

red

[eeza] 16/11/2023 07:34

Cannacord now NOMAD

[carcosa] 16/11/2023 06:48

Subsequently modified as 116.8951p, 106,000 shares for GBP 123,908.80 and interpreted as a 'Buy' at 16:49:25

[masurenguy] 15/11/2023 23:28

Looks like the 176 could be a typo for 116.

[colinroberts] 15/11/2023 19:44

It seems to be a problem with trades 43 & 44 (timed at 16:49, as shown on ADVFN). They are showing as 176.8 but sadly must be an error.

[ashleyjv] 15/11/2023 18:00

Don't know but I'll take it

[hutch421] 15/11/2023 17:59

Any idea why Google is showing EQLS at 176.51 9+53.74%)/