Intu Properties Share Discussion Threads

[wigwammer] 07/11/2019 10:48

Of course. A post event trade. We are all good at those :)

[williamcooper104] 07/11/2019 10:35

No way the RCF gets rolled without rights issue so the rights issue is thus a rescue rights issue - which are always deeply discounted If there's no rescue rights then it's D for E The RCF was being offered at 75p - so by time crunch comes will be owned by non-banks who want to get the equity

[williamcooper104] 07/11/2019 10:32

''Twas a trade - just wanted to catch the bounce Never said that I had changed my mind on long term outcomes for common equity - it's going get toasted

[sentimentrules] 07/11/2019 10:18

It is not really a problem. They believe you. ... 34p :)

[wigwammer] 07/11/2019 10:18

But nobody really believes you, bot :)

[sentimentrules] 07/11/2019 10:15

The profit of a master :)

[wigwammer] 07/11/2019 10:04

The words of a bot. The touch of an ape. atb :)

[sentimentrules] 07/11/2019 09:59

Love all that short profit. ..smells glorious

I'm sorry for your Deepening loss wigwammer

But you could always close to minimise it :)

Hey 36p short v 34p long now

Isn't life great :) :) :)

[bookbroker] 07/11/2019 09:59

John Whitaker desperately trying to sell some assets in order to save his stake here I tend to believe!

[sentimentrules] 07/11/2019 09:56

wigwammer7 Nov '19 - 09:39 - 2273 of 2275
0 0 0
The word bot said sell and it promptly rallied 40%+. The touch of an ape :)

....

It rallied because gerbil buyers like yourself gave funds a slightly higher value price to short. Apes usually eat gerbils :)

Did you stay holding 34p? :). Just wondering now if a gerbil says it's still a buy as it falls...becoming an ape? :) haha

[wigwammer] 07/11/2019 09:41

What happened to the williamcooper hindsight brexit fund? :)

[wigwammer] 07/11/2019 09:39

The word bot said sell and it promptly rallied 40%+. The touch of an ape :)

[sentimentrules] 07/11/2019 06:05

Wigwammer you mentioned hindsight to many. I'm sure the 'word bot' foresight shall be acknowledged now :)

Did you exit 34p?

[kenny] 07/11/2019 01:32

An article from today's Telegraph; sobering for bulls of the company:

"Intu's tumbling share price may make it 'impossible' to raise cash to pay debts"

You may need a subscription to read the article.

[williamcooper104] 07/11/2019 00:49

Have you seen a rescue rights issue before

[sentimentrules] 06/11/2019 23:57

Intu

0p and deserves to be

[williamcooper104] 06/11/2019 22:09

The Enterprise Value may well be undervalued but that doesn't mean equity won't get toasted on D for E and/or mega discounted rights issue If you want to play you play in the debt

[kingston78] 06/11/2019 21:31

It is time to buy when everyone is selling, on a contrarian view, unless you think the company is going bust. There is inherent value in the company. The debt mountain is a problem, but a rich bidder playing the long game will reap the reward.

[sentimentrules] 06/11/2019 17:04

I like FT subscription. Even good to go through past info on stocks

[monte1] 06/11/2019 16:03

I rather think that, in such a doomsday scenario, the creditors will be well ahead of larger shareholders in any bunfight for premium assets given that the debt will be secured with a charge over them.

[propinv] 06/11/2019 15:54

Lucky I subscribe to FT online, there wouldn't be enough space in the hard copy version to include all the negative articles they have produced aimed at Intu today. 3 full articles at last count. Saved up just for today! Those shorters sure are well connected.

[akmal101] 06/11/2019 15:32

Iron ore results out tomorrow or this friday for alien metals its gonna be biggggg

[blueteam] 06/11/2019 15:02

looks like in favour is a 20p rights issue, will need to be soon to get that from the rate the share price could fall, expect this week then. Been working out, massive dilution needed. Scary

[tomboyb] 06/11/2019 15:02

A much more attractive proposition for the larger shareholders would be to give them the option of taking the premium assets now and letting the residual INTU descend into administration.

Time is critical -