Menzies(john) Share Discussion Threads

[f15jcm] 15/3/2020 14:26

Given market cap. now, rights issue not looking viable. More likely heavily discounted placing or just going bust.

[f15jcm] 10/3/2020 07:38

Dividend gone. Lots of talk of 'strengthening the balance sheet'. Rights issue on the way by the sounds of it. Can't see how they get to <2xEBITDA this year without one given EBITDA will be massively reduced.

[f15jcm] 29/2/2020 01:39

Looks like the hedge funds have you in their crosshairs: hxxps://shorttracker.co.uk/company/GB0005790059/

[nw99] 27/2/2020 09:18

Yes well done no worries on debt

[nw99] 27/2/2020 09:10

Doubled up here

[f15jcm] 27/2/2020 08:52

Thanks. I've closed my short but if CV gets worse so will this share price.

[buffettjnr] 27/2/2020 08:43

Got to give you credit, F15jcm, well called.

[nw99] 27/2/2020 08:03

So many stocks hit by virus just hold and have patience

[buffettjnr] 27/2/2020 07:47

It’s a pity. Business is on the front foot, although they should be far more aggressive with new business gains.

It will be interesting to see how Swissport comes with its debt refinancing in this climate.

[nw99] 27/2/2020 07:05

Clears it all up still doing well despite the hit

[nw99] 25/2/2020 07:13

Thank goodness not in IAG

[f15jcm] 24/2/2020 19:26

Twice average daily volume behind today's fall.

[buffettjnr] 21/2/2020 12:03

Let’s bet that “debt” and “successfully refinanced” come up in the same sentence in the results.

[f15jcm] 21/2/2020 10:36

What's the betting the words 'coronavirus' and 'material' appear in the same sentence on results day?

[nw99] 21/2/2020 09:46

Topped up here

[nw99] 21/2/2020 09:31

Sold Property and has cash from that

[buffettjnr] 21/2/2020 09:15

Stronger balance sheets? Got to be kidding. Menzies doesn’t have a debt problem.

[nw99] 21/2/2020 08:51

Agreed plus we have the M&A possibility here .

[f15jcm] 21/2/2020 08:50

Because the airlines have stronger balance sheets

[nw99] 21/2/2020 08:46

Mainly USA , Australia , Europe . Uk Plus cargo unaffected

[buffettjnr] 21/2/2020 08:42

True. Funny how the airlines haven’t sold off by as much as Menzies. Probably better off shorting the airlines

[f15jcm] 21/2/2020 08:38

They can't provide services to cancelled routes!