Toople Takeover Rumours (TOOP)

[ADVERT]

Toople Chart

Toople Takeover Price

Toople Takeover Forum Posts

06-10-2021
So when's the consolidation coming? 1 new share for every 100 old, coupled with a massive raise at 4p? Do they do a takeover at the same time so they can hide it as raising cash to pay for that? Needs court approval as well as shareholders. The money runs out in about 3 months by my guesstimates.
04-07-2021
Turnover (year to Sep) 2017 1.28M 2018 1.51M 2019 2.54M 2020 3.5M (including 30 weeks+ of business after the "transformational" takeover of DMSL) 2021 Half Year to March 1.5M So to even stay flat in 2021 over 2020 they need H2 to be 33% better than H1. Meanwhile they're losing 100k a month. Assuming 30% margins and no more bad debt writeoffs (both unlikely) they need another £3.6M a year turnover to breakeven - ie £6.6M total. Then there's a rather large loan repayment due at the end of next year (which would mean they won't be a going concern at the 2022 interim stage without a further raising) - so money raised before the end of this year to see them through to profitability (they'll claim) then more money raised 6 months later to pay off the loan.
27-05-2021
To be fair Ken, the loan was mentioned in the prospectus for the DMSL takeover. By this time next year they need a realistic plan to pay it off or refinance, or they won't get the accounts signed off as a going concern. How much would turnover need to increase to pay it off from cashflow?
ADVFN Advertorial
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211017 10:32:20