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  1. O

    Wasps current finances & hope

    As an exercise it is worth comparing Dec 18 interim to June 19
  2. O

    Gael biggy

    He expected not likely to play for 15 months - probably in time to pair up with Jamie Allen?
  3. O

    More Wasps BS?

    Not the best recommendations 24 Oct '19 - 13:50 - 23 of 280 0 1 Forget the running yield it’s a dog bond where holders are going to get royally stuffed. What’s the point in getting x% for 5 years if the bond turns out to be worthless and your 100p doesn’t return to you as promised by the nice...
  4. O

    Wasps current finances & hope

    My point is the Bond Holders should not have to ASSUME anything. It was a condition precedent in the covenants the valuation would be in 2016. Any variation of this should have been reported together with the Trustees agreement that 2017 would be the first year and every 2 years after that. As...
  5. O

    More Wasps BS?

    Can you explain how they plan to repay the Bonds and refinance at the present 6.5% interest rate on a falling asset valuation Make it easy for us,please
  6. O

    More Wasps BS?

    They have the PRL money that has to be spent on development etc ( allegedly not on players wages :-) ) so lets buy some prime real estate
  7. O

    More Wasps BS?

    Oggy mumbled on about SISU withdrawing teh action in Europe. That's one against CCC and cannot be withdrawn .
  8. O

    Some good news

    The last valuation was taken at the end of March and includes CCFC as a tenant Also I believe the valuation is based on future income streams - it excludes ( so far as I am told ) any remedial and upgrade costs
  9. O

    Some good news

    If you bought one they gave you four !
  10. O

    Wasps current finances & hope

    Lots of assumptions here that should not be so You should look at the postion from WASPS FINANCE Plc and the Bond Holders and you should get a different angle If I was a Bond Holder and read your article I would wonder what was going on
  11. O

    More Wasps BS?

    Put about by the same person who said WASPS to MK?
  12. O

    Wasps current finances & hope

    If one is being pedantic the valuation was a year late. The prospectus states there should have been a revaluation no later than June 2016 - however WASPS swerved this by publishing in the 2016 accounts the Management had decided, on their opinion, a previous valuation had not changed. This of...
  13. O

    Wasps current finances & hope

    They reported late and breached covenants
  14. O

    Wasps current finances & hope

    Also significant is it's not reported on the CT, the WASPS share page, the LSE news or other financial press
  15. O

    Euromillions Tonight-Invest in Cov?

    Perhaps Haskell IV could use it? Ex-wife of tycoon Preston Haskell IV could be kicked out of London £3m home over unpaid divorce bill | Daily Mail Online Well that's one Hoffman benefactor crossed off
  16. O

    Wasps current finances & hope

    https://www.wasps.co.uk/media/5623/ricoh-arena-final-valuation-report-2019-summary.pdf TenancyA number of lease and license agreements detailed in the tenancy schedule within. Key tenancies include a letting to Grosvenor Casinos; licence to Coventry City Football Club and licence to London...
  17. O

    Transfer Rumour More Callum Wilson rumours

    At the end of one game that City lost, Anderson told Mowbray that statistically we should have won. Does that answer your question?
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