Real Good Food Share Discussion Threads

[spaceparallax] 29/4/2015 11:17

It certainly has been a woeful venture.

[davidosh] 29/4/2015 09:51

the Offer values each NBF share at approximately 220 pence
and the entire existing issued and to be issued ordinary share capital of NBF
(assuming full exercise of the options and warrants granted under the NBF Share
Option Schemes) at approximately £67.74 million, based on the Closing Price of
135.5 pence per RGFC Share on 26 July 2005,

So shareholders looking at the ten year investment have done appallingly bad with this one and a lot of additional money has been invested into the business with the port facility at Immingham as an example.

[spaceparallax] 29/4/2015 07:38

Can anyone recall what RGD paid for NBS?

[typo56] 01/4/2015 10:37

Feels like it's being edged into the hands of Omnicane.

[cockneyrebel] 01/4/2015 10:09

Nothing changes.

I thought Napier was where they were going to make the big money? lol.

Totte-tastic yet again today - he couldn't run a whelk stall imo

CR

[briangeeee] 01/4/2015 10:06

"The Group has, in addition, incurred significant one-off transaction costs as well as legal costs in relation to the discussions with the UK and EU Competition Authorities."

It seems that Totte's competence is lower than even we feared. Not only was he dishonest in failing to disclose clearly the key sugar subsidy arrangement with BS in all investor meetings, in the Harden Sugar Report, and in all recent company reports, but he's now blown further shareholder money on lawyers.

Any normal BoD would have kicked him into touch by now, but the NEDs appear to be conflicted.

[typo56] 01/4/2015 07:14

They chose a great day for it. They're 'aving a laff.

[tradermel] 01/4/2015 06:46

So apart from Napier Brown, its a good RNS

[yewtrees] 17/2/2015 20:18

Rainbow Dust Colours certainly have some good cake icing products.

[davidosh] 16/1/2015 00:43

I am very surprised at the upward move in the share price over the past month since the last update at the interims. This caught my eye this evening which I suspect is exactly where the company finds itself...



The ABF update on sugar was also very negative.

[james97] 20/12/2014 19:20

Fair comment.

[briangeeee] 20/12/2014 14:28

Yes, but just remember there are many types of 'profit', and we know from recent history that Mr Totte thinks in terms of EBITDA, and Mr McDonough's accounting policy/presentation is pretty lax in terms of those "significant items" that are excluded from headline profits.

[james97] 18/12/2014 21:05

Saying that the business has now returned to profit cannot be described as spin. Either it is true or it is a lie. I suspect the former, but as you say only the next set of figures will determine.

[spaceparallax] 18/12/2014 18:27

The share price rise certainly ain't based on the figures. Sadly, I think the mkt is taken in once again by Totte's spin. let's see if the next results back up the bold words.

[cockneyrebel] 18/12/2014 07:14

Debt piling up massively, huge loss per share and Totte offering jam tomorrow!

Just make some jam and sell it!

Grim reaper can't be far away here - how much longer will banks let them pile up debt here?

Another rights issue?

CR

[briangeeee] 01/10/2014 21:16

Real Good Food's new broker Daniel Stewart had their shares suspended today, due to failure to publish their report and accounts within the permitted six months. I suspect Daniel Stewart need the fees from a big fund raise to keep paying their meaty director salaries. So, could RGD ride to the rescue?!

With Shore Capital and Daniel Stewart, RGD couldn't be in a worse situation in terms of brokers.

[typo56] 26/9/2014 11:10

You are right James97 about the numbers. I see they weren't new. That's sloppy of me!

At least last year they ended on, "Trading performance for the first half of the year has been in line with the Board's expectations,..."

However, it probably wouldn't mean much, given shareholders can never be quite sure what the Board's expectations are!

[cockneyrebel] 26/9/2014 10:38

Agree Typo - if you have good news you tell it imo.

Punters to get another tottying here before too long imo.

CR

[james97] 26/9/2014 10:22

Typo56:

The only numbers in last year's AGM statement related to the previous full year results. In terms of information about the current year this year's statement is more informative than last year's.

[typo56] 25/9/2014 15:37

Note that last year's AGM statement was headlined as a "Trading Statement" and at least contained numbers. Something distinctly lacking in today's statement.

[briangeeee] 25/9/2014 09:34

I think publicly PT only swings between 'delighted' and 'excited'.

Interesting to see the first concrete mention of Mauritian imports. Will be interesting to see how that develops. They've been talking about it for several years now. Although Omnicane possibly aren't directly involved in the negotiations between Napier Brown and the Sugar Syndicate, it must be very close to being a related party transaction.

It's more than interesting that throughout all his presentations and discussions, PT withheld mention the 'special arrangement' with BS of which he's making so much now. It didn't even appear in the sponsored Sugar Report from Hardman, but was a critical and hugely price-sensitive piece of information.