Delighted to see the young Thai lads that were missing have been found alive and well best news in the papers
Catherine costelloe
+1. Fantastic.
ReproBertie
For sure! I was not expecting a happy ending there.
Hank
I see what you did there..
Andyourpointiswhatexactly?
Now you’ve pointed it out, so have I!
denny
It is
Their guide mist be an absolute hero keeping them all together in spirit mind and body
Imagine 10 days in total darkness
There is a movie in this amazing story
And people say their is no god
Papi
This is one of your stupidest comments ever, and their* has been some beauties.
Chucky R. Law
That “ingenious police work” story was published in the Indo on June 19. What is the Examiner up to?
Parp
And it was complete nonsense then too.
petey
well it wasn’t very nice to print that poor guy’s crying face.
Bernie
Petey, don’t look at tomorrow’s papers then – ‘Harry’s Army’ are going to be handed their a*ses tonight, then it’ll be back to the aul 1966 jabber and spin.
Andyourpointiswhatexactly?
Go Kane!
denny
Bernie I take it you despise the English
But like it or not they are where they are
Our team never qualified and the great days are gone which as I remember were brought to us by jack Charlton English man manager and holder of a world cup medal
Maybe ice and a dash of syrup with your sour grapes are in order
SOQ
Tesco to make big swing into own brands retailing by the looks of it. Aldi/LIDL really have shook the market up. If you want a tin of beans, you get a tin of beans, not a choice of ten which are all the same product while paying extra for the ‘choice’.
Otis Blue
Quiz time: What’s the only County in Ireland that does not have a Tesco?
Hang on. Is it Kilkenny? I don’t think they have any in the “city”.
Otis Blue
Neither city nor county.
You’re the WINNER*
*done in Tony Fenton/Hotline style
Andyourpointiswhatexactly?
YEAH! OOO OOO OOO! YEAH!
*punches air*
denny
And teaming up with Carrefour a French supermarket giant
Positive news for post brexit
Do they know something or is the press and political leaders trying to scare the crap out of us
johnny
Bloomberg with a pretty hard hitting expose on tghe correlation between ‘economic advantage’ and charity,the leading exponent of this is none other than Ireland’s wealthiest,richest man and ehm billionaire !
“The island’s optimism is running up against a simple reality: Hurricane-proofing is expensive. Digicel, which lost 21 of its cell towers in Maria, is building back just the three that handle the most traffic to withstand another Category 5 storm—a level of protection that can boost construction costs fivefold. “There’s an economic trade-off here,” Richard Thorpe, the company’s chief operating officer, said in an interview.”
ok quick and dirty summary off Digicel Group Limited-Credit Opinion 29 June 2018.
(review of Moodys Rating Action 28-June-2018-bottom Sundays papers)
-this is where the rubber hits the road-
Maturity profile becomes challenging in 2020
“Digicel starts to face large debt maturities in September 2020. We believe that the large maturities, with $2.0 billion at Digicel Group Limited due in September 2020 and around $1 billion due annually in 2021, 2022 and 2023, need to be addressed well in advance of maturity to avoid the risks of credit market volatility, US dollar strengthening, macroeconomic pressure or other exogenous shocks, such as natural disasters, which would all add to the company’s refinance risk. Digicel’s current credit metrics are weak for its B2 rating, with a leverage which has stayed around 6.5x since FYE March 2017, constraining the group’s refinancing options. We think that Digicel has a limited runway to simultaneously improve its fundamental credit profile and address these large looming maturities with sufficient anticipation.”
-pricing pressures
-v negative on acquisitions increases leverage
-its markets are awful
key point-debt dominated in dollars
“Further, Digicel was adversely affected by currency translation for multiple years, particularly in its three largest geographies (Jamaica, Haiti and Papua New Guinea), accounting for around 45% of revenue. Local currencies were more stable recently and Digicel had a slight benefit on revenue during FYE March 2018. Adverse movements in currency values remain, however, a risk and could also drive up the cost of servicing US dollar denominated debt.”
liquidity concern!
“In spite of some cash burn in the past year due to negative free cash flow, Digicel’s liquidity remains adequate for the next 12-18 months. Digicel had a cash balance of around USD155 million at 31 March 2018, as well as USD54 million available under its USD100 million revolving credit facility. We anticipate that free cash flow will improve and at least reach breakeven in FY19, helped by a reduction in capital spending, and Digicel’s debt maturities are immaterial in FY19 (USD11 million). In addition, Digicel recently announced a sale and leaseback of towers: while the amount of proceeds is undisclosed, the company will keep them on balance sheet which will increase liquidity sources.”
Squeeze n’ Onion
Now c’mon
Admit it
That is funny
No.
Suppliers are having crunch talks
Delighted to see the young Thai lads that were missing have been found alive and well best news in the papers
+1. Fantastic.
For sure! I was not expecting a happy ending there.
I see what you did there..
Now you’ve pointed it out, so have I!
It is
Their guide mist be an absolute hero keeping them all together in spirit mind and body
Imagine 10 days in total darkness
There is a movie in this amazing story
And people say their is no god
This is one of your stupidest comments ever, and their* has been some beauties.
That “ingenious police work” story was published in the Indo on June 19. What is the Examiner up to?
And it was complete nonsense then too.
well it wasn’t very nice to print that poor guy’s crying face.
Petey, don’t look at tomorrow’s papers then – ‘Harry’s Army’ are going to be handed their a*ses tonight, then it’ll be back to the aul 1966 jabber and spin.
Go Kane!
Bernie I take it you despise the English
But like it or not they are where they are
Our team never qualified and the great days are gone which as I remember were brought to us by jack Charlton English man manager and holder of a world cup medal
Maybe ice and a dash of syrup with your sour grapes are in order
Tesco to make big swing into own brands retailing by the looks of it. Aldi/LIDL really have shook the market up. If you want a tin of beans, you get a tin of beans, not a choice of ten which are all the same product while paying extra for the ‘choice’.
Quiz time: What’s the only County in Ireland that does not have a Tesco?
Longford?
Roscommon?
Hang on. Is it Kilkenny? I don’t think they have any in the “city”.
Neither city nor county.
You’re the WINNER*
*done in Tony Fenton/Hotline style
YEAH! OOO OOO OOO! YEAH!
*punches air*
And teaming up with Carrefour a French supermarket giant
Positive news for post brexit
Do they know something or is the press and political leaders trying to scare the crap out of us
Bloomberg with a pretty hard hitting expose on tghe correlation between ‘economic advantage’ and charity,the leading exponent of this is none other than Ireland’s wealthiest,richest man and ehm billionaire !
“The island’s optimism is running up against a simple reality: Hurricane-proofing is expensive. Digicel, which lost 21 of its cell towers in Maria, is building back just the three that handle the most traffic to withstand another Category 5 storm—a level of protection that can boost construction costs fivefold. “There’s an economic trade-off here,” Richard Thorpe, the company’s chief operating officer, said in an interview.”
https://www.bloomberg.com/news/features/2018-07-02/dominica-s-plan-to-survive-climate-change-has-a-hard-road-ahead?utm_medium=social&cmpid=socialflow-twitter-business&utm_source=twitter&utm_campaign=socialflow-organic&utm_content=business
the Iris O’Brien Foundation has pulled back considerably,why ?
https://fundraising.co.uk/2018/06/28/irish-billionaires-giving-falls/#.WztRithKjOR
ok quick and dirty summary off Digicel Group Limited-Credit Opinion 29 June 2018.
(review of Moodys Rating Action 28-June-2018-bottom Sundays papers)
-this is where the rubber hits the road-
Maturity profile becomes challenging in 2020
“Digicel starts to face large debt maturities in September 2020. We believe that the large maturities, with $2.0 billion at Digicel Group Limited due in September 2020 and around $1 billion due annually in 2021, 2022 and 2023, need to be addressed well in advance of maturity to avoid the risks of credit market volatility, US dollar strengthening, macroeconomic pressure or other exogenous shocks, such as natural disasters, which would all add to the company’s refinance risk. Digicel’s current credit metrics are weak for its B2 rating, with a leverage which has stayed around 6.5x since FYE March 2017, constraining the group’s refinancing options. We think that Digicel has a limited runway to simultaneously improve its fundamental credit profile and address these large looming maturities with sufficient anticipation.”
-pricing pressures
-v negative on acquisitions increases leverage
-its markets are awful
key point-debt dominated in dollars
“Further, Digicel was adversely affected by currency translation for multiple years, particularly in its three largest geographies (Jamaica, Haiti and Papua New Guinea), accounting for around 45% of revenue. Local currencies were more stable recently and Digicel had a slight benefit on revenue during FYE March 2018. Adverse movements in currency values remain, however, a risk and could also drive up the cost of servicing US dollar denominated debt.”
liquidity concern!
“In spite of some cash burn in the past year due to negative free cash flow, Digicel’s liquidity remains adequate for the next 12-18 months. Digicel had a cash balance of around USD155 million at 31 March 2018, as well as USD54 million available under its USD100 million revolving credit facility. We anticipate that free cash flow will improve and at least reach breakeven in FY19, helped by a reduction in capital spending, and Digicel’s debt maturities are immaterial in FY19 (USD11 million). In addition, Digicel recently announced a sale and leaseback of towers: while the amount of proceeds is undisclosed, the company will keep them on balance sheet which will increase liquidity sources.”
tick tock !