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Share Name Share Symbol Market Type Share ISIN Share Description
Real Good Food Plc LSE:RGD London Ordinary Share GB0033572867 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 4.65 4.30 5.00 4.65 4.65 4.65 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 61.6 -26.1 -28.6 - 5

Real Good Food Share Discussion Threads

Showing 7101 to 7122 of 7375 messages
Chat Pages: 295  294  293  292  291  290  289  288  287  286  285  284  Older
DateSubjectAuthorDiscuss
04/3/2014
10:29
140.... are you related to PT?
spaceparallax
04/3/2014
06:34
I do feel PT and RGD have been unfairly criticized on this thread and I know PT cares greatly about the Company. The dispute with BSC is unfortunate and I hope the Company wins this battle but I have now sold my position and will look to reinvest when this battle is resolved. Good luck to the Company and I hope the shares do well at my loss. GLAH.
140661
03/3/2014
20:37
Fine having debt linked to receivables, until it kicks in... Then your past sales go to reduce the bank debt as they are paid for, and you can only sell for ready cash, as you have no O/D facility to enable your customers to pay 30/69/90 days later.
tiredoldbroker
03/3/2014
16:23
Although their debt is secured on receivables, it would be interesting to know if any part of it has EBITDA covenants attached. Given the form and tone of the warning, there has to be a high chance they'll be looking to raise additional equity funding. It's been a very disappointing last few months for RGD.
briangeeee
03/3/2014
15:54
Not sure what they're doing Brian - I'd say their best interest would be served by buying no more and letting the share price drift down for several months as others reduce their holding after the recent poor news. Then if they were able they could top-up and offer a pittance for the other shares. One thing is for sure, despite PT's continual huff and puff and leechlike qualities RGD is going nowhere positive in the next year or two.
spaceparallax
03/3/2014
15:52
I can see "the well publicised uncertainty in Eastern Europe" appearing in the next statement!
typo56
03/3/2014
15:44
With the weakness in European sugar prices, and Omnicane's poor last year, I'm not sure they'd be in a good position to buy RGD. OK, if they got it for peanuts from the administrator, that's maybe another issue, but even then the (significant) creditors would have to approve, and I just don't feel that's a likely route. Omnicane's been buying recently, and effectively supporting the price at 50p. The current year has probably seen the highest capex in RGD's recent history. Profits were lower than expected at the HY. Last year's cash flow was poor. We've now had a warning on fully year profits, with what sounds like 5% off 60% of Napier Brown and Garretts revenue. A new joint broker has been appointed, and the company's currently doing the the rounds. Are Omnicane simply trying to protect their existing investment and minimise dilution, rather than stump up again for a larger sum.
briangeeee
03/3/2014
15:07
Not necessarily Felix. I think it quite possible that cash constraints will mean the company has a share issue in the not too distant future, "in order to increase working capital". Perhaps reason to appoint Daniel Stewart last week? If that does happen, isn't it possible for them to apply to the Takeover Panel for a whitewash waiver, allowing Omnicane to increase their stake beyond 30% without having to make a mandatory bid? Or if it all goes belly up Omnincane will just cherry pick from the administators!
typo56
28/2/2014
14:13
well if they go over 29.9% they have to offer to all shareholders at the highest price they paid over last 12 months
felix99
28/2/2014
13:36
One thing is for sure - if Omnicane weren't mopping up the sellers, the share price would likely be nearer 40p.
spaceparallax
28/2/2014
12:23
Hmm, Omnicane further increasing their holding - presumably an offer is on the cards. The big question is at what level?
spaceparallax
26/2/2014
08:51
That could prove a mixed signal - IC being a marmite affair.
spaceparallax
25/2/2014
15:13
IC (online) today say "buy". I'm no longer a holder but others might just be mislead into thinking RGD are a good investment.
alter ego
25/2/2014
13:37
space, That chart pattern looks familiar! :-)
andy
25/2/2014
13:29
I don't see RGD facing receivership in the near future, unless their lenders start to get twitchy and can call upon repayment clauses.
spaceparallax
25/2/2014
13:18
Felix - RGD is a distribution co. They not only have no control over the price they pay, they also are at the mercy of retailers that tighten the screw when the going gets tough. All they simply do re baking ingredients is up the business with the likes of Dr Otker until RGD crack and cut their prices. So they are squeezed from both ends. Omni now have a large enough stake to lever RGD into buying sugar from them rather than ABF. Does Totte do that or go back to ABF with his tail between his legs? And what sort of business relationship do you have after taking your main suppliers to the OFT? I'd say ABF will be looking at RGD's balance sheet, the losses the make this year and starting to think they want paying promptly or up front which will hurt RGD's cashflow imo. Cashflow isn't RGD's greatest asset. Omni buying today is just them making sure they have a big enough stake to make sure they get RGD when it goers into receivership imo. All imo/dyor etc. CR
cockneyrebel
25/2/2014
12:46
yes - but they only got another 2m odd of shares to buy before they have to make a bid so the share support operation might be restricted going forward
felix99
25/2/2014
12:46
Looks like Ominicane supporting the price. They have invested so heavily in the PT story, they have to protect their investment.......by buying more.....
graham1ty
25/2/2014
12:18
Is that a further increase by Omnicane?
spaceparallax
25/2/2014
09:51
Over the years that I've read his posts I'd say that CR generally makes sense. Sadly 140.... it doesn't fit your rose tinted view here. Beware, you may get badly burned.
spaceparallax
24/2/2014
21:11
Watch out for the other C word - Covenants.
typo56
24/2/2014
20:21
I would take note of tired old broker 140661 - he knows the trade well and is one of the best investors you will find on these boards. Good luck to you but have to say your faith is more than blind and regardless of what you say shareholders are entirely dependent on what crumbs PT and Omnicane decide to throw at them. RGD is clearly a business that has little control over pricing or its markets and it only makes money when its markets decide to prove favourable. With regard to your analysis you probably haven't factored in the legal costs of fighting this case which will not be cheap and the significant effects of the dispute could be anything as it stands. I find it strange that if the only BS issue is that they have to pay BS "high price" surely PT can quantify the effect on profits that are going to be felt now for the full year. Or can he not forecast a month ahead? Even if RGD eventually win some minor victory out of BS they still have to get from A to B and I would hazard a guess that some fund raising will be needed before then given the "significant effects of the BS dispute".
felix99
Chat Pages: 295  294  293  292  291  290  289  288  287  286  285  284  Older
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