Robinson Share Discussion Threads

[charo] 16/11/2021 11:39

Read the charge document filed at companies House.

[arthur_lame_stocks] 16/11/2021 03:17

That'll probably come after the profit warning you were predicting a little while ago.

[charo] 15/11/2021 23:10

My bet is final dividend will not be paid,bank will insist on debt reduction.
Hey I may be completely wrong and second half results rebound and bank completely on board.I believe company has a great base but badly led.

[charo] 15/11/2021 23:05

Think you will find it is.Read the charge document clearly bank stands before pension company.That is what counts.

[charo] 15/11/2021 18:12

Same thing assets are pension assets not company.
In event of failure of group bank scoops lot.
A great deal is riding on second half results and sale of property.
The bulk of cash from first tranche allocated to pay deffered consideration.
Debt is uncomfortably High .

[charo] 15/11/2021 17:59

See note in accounts and registered charge at companies House.

[charo] 15/11/2021 17:48

Somewhat surprised that £2.7 million loan from pension fund is ranked behind bank loan.
Do pensioners know this and what premium has been negotiated for this Risky loan.

[charo] 03/11/2021 09:52

Sp down 47% since new ceo.now in last quarter when can we expect update on bullish outlook from chair.

[1tx] 02/11/2021 15:33

From memory the surplus property is in the books at approx £3.5m;the bulk of the fixed assets by value in the accounts relate to property,plant etc in present use in the business.

[arthur_lame_stocks] 01/11/2021 15:28

I'm hoping they can make more than 1.5m PTP going forward.

[boystown] 01/11/2021 15:15

Thanks Arthur. So if they were to make post tax profits of, let's say, £1.5m moving forward and we apply the bog standard PER of 10, plus £12.5m for the property, £19m for current assets and take away all liabilities of £28.6m, the figure comes out at £17.9m / 107pps.

Now I realise this is all very simplistic back of an envelope stuff - but there are a number of shrewdies invested here and I'm sure they aren't thinking about 107p - so what's the value / growth case?

[arthur_lame_stocks] 01/11/2021 14:26

I'm only having a guess but I am investing on the basis that it's in the region of £10-15M

[boystown] 01/11/2021 14:01

Can anyone tell me roughly how much the property disposals could / should bring in? Currently, property, plant and equipment is on the balance sheet at £24,356k.

[castleford tiger] 21/10/2021 12:17

i unfortunately could not make it

[charo] 21/10/2021 11:59

no excitement generated by open day for investors.

[charo] 01/10/2021 13:50

Get ready for profits warning.

[castleford tiger] 28/9/2021 18:30

indeed
this is crazy cheap I keep adding

[arthur_lame_stocks] 28/9/2021 11:44

Well please let us all know how it goes.

[castleford tiger] 28/9/2021 11:36

i have asked

[arthur_lame_stocks] 28/9/2021 11:22

Anyone going to the Capital Markets day?

[charo] 02/9/2021 18:17

Tandem delivered in spades.MK stuck with good and bad.Similarly creighton.
Was in and out over last 10 years,should have stuck,but hey.
Tex ,straight,synnovia and tricorn also but got out with profit.
I invest over wide range always avoiding mining,oil and blue sky .Basic kick tyres approach with low risk appetite.
No judgement meant and wish good fortune to all who have bottle to invest.