Joined: Jan 15 2007 Posts: 11924 Location: Secret Hill Top Lair. V.2
Are you trying to say that my bow and medallion combo are not up to the levels of sartorial elegance that are required?
Perhaps I should review them for a more sporty appearance.
I wonder if anyone is aware of any suppliers of quality sports wear?
If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.
Joined: Dec 01 2004 Posts: 1476 Location: west side
Looks like your heading in the right direction with what looks like an upcoming year of added merchandise sales and crowds to do even better next year, well done!
R.B.A wrote:Lets keep this thread constructive please and not turn it into the usual petty arguments. I would hate to have to hit the ban button on somebody who has been told they are getting no more warnings.....
Good news for Rovers to be paying debt off slowly but surely. I'd be interested to know more about transferring the directors loans to shares though and what the value will be. Will 860k of loans transfer into 860k of shares for example or are the Directors writing an element of their money off and taking a smaller return.
Big Dave T wrote:Good news for Rovers to be paying debt off slowly but surely. I'd be interested to know more about transferring the directors loans to shares though and what the value will be. Will 860k of loans transfer into 860k of shares for example or are the Directors writing an element of their money off and taking a smaller return.
I guess we will find out going forward. What is more interesting is wether this could change control of the company depending on what is owed to whom and how they structure the share capital. At the end of the day it will make the balance sheet look better but its all pretty cosmetic because lets face it they were never getting their money back anyway!
"Dream Big..Work Hard".................. Sarah Storey, Paralympic Legend.
R.B.A wrote:I guess we will find out going forward. What is more interesting is wether this could change control of the company depending on what is owed to whom and how they structure the share capital. At the end of the day it will make the balance sheet look better but its all pretty cosmetic because lets face it they were never getting their money back anyway!
It's likely to re-shape the company somehow isnt it. Not sure how i'd feel though as an existing shareholder if your shares are ultimately watered down by this move. I'm guessing the major shareholder must have had to agree with it.
Joined: Mar 05 2007 Posts: 13190 Location: Hedon (sometimes), sometimes Premier Inn's
Bertie wrote:Not fiddling the assets either by including players in them either
Brscoe 50k Fx 50k Welham 30k Webster 70k Colbon 20k Green 50k Dobson 100k Clinton 70k Fisher 30k Wheeldon 20k Newton 70k Mason 100k Galea 50k
Hodgson 20k Vella 40k Cockayne 30k Hall 20k
Remainder 100k in total
Puts us well into profit
'when my life is over, the thing which will have given me greatest pride is that I was first to plunge into the sea, swimming freely underwater without any connection to the terrestrial world'
Joined: Jun 01 2007 Posts: 12670 Location: Leicestershire.
Big Dave T wrote:It's likely to re-shape the company somehow isnt it. Not sure how i'd feel though as an existing shareholder if your shares are ultimately watered down by this move. I'm guessing the major shareholder must have had to agree with it.
Interesting point. I assume that there has to be some fair way of valuing the debt relative to the value of the company, or that the share issue would have to be open to the public/all existing shareholders. Otherwise an unscrupulous board or major shareholder could turn a £5 loan into 80% share holding or some such. None of which pertains to Hull KR, of course.
The figures are more encouraging, especially given the general economic climate. With Sportingbet coming on board hopefully we'll see further improvement in the figures for this year. Still a distance to go, but easier to imagine Hull KR surviving in SL (if not quite ready to thrive yet) beyond the tenure of this board.
'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.
Mild Rover wrote:Interesting point. I assume that there has to be some fair way of valuing the debt relative to the value of the company, or that the share issue would have to be open to the public/all existing shareholders. Otherwise an unscrupulous board or major shareholder could turn a £5 loan into 80% share holding or some such. None of which pertains to Hull KR, of course.
The figures are more encouraging, especially given the general economic climate. With Sportingbet coming on board hopefully we'll see further improvement in the figures for this year. Still a distance to go, but easier to imagine Hull KR surviving in SL (if not quite ready to thrive yet) beyond the tenure of this board.
Once the value is established could it turn into further financial good news if new or existing shareholders are permitted to purchase further shares?
"Dream Big..Work Hard".................. Sarah Storey, Paralympic Legend.
R.B.A wrote:Once the value is established could it turn into further financial good news if new or existing shareholders are permitted to purchase further shares?
I mentioned on a thread on the VT, if Widnes can turn in a £1M profit then SL clubs should be able to achieve even more than that (why they don't, or what Widnes did to achieve such a good result I don't know, but it is clearly doable) which, I guess, would make them very interesting to investors.
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