Sunday 14 January 2018

bbr391 ( investor heaven ): Metro Baltic Horizons & Ronan Reid . Jan 2018

bbr391 ( investor heaven ): Metro Baltic Horizons & Ronan Reid . Jan 2018

I can still see there are others issues yet to be resolved  Steve .
The wait for final absolution goes on .

       bbr391


2018 Accounts view ;

2.2 Basis of preparation The consolidated financial statements have been prepared on a historical cost basis. Previously, the primary purpose of the Group was the investment in and development of property in the Baltic States and the St. Petersburg area of Russia. During the 2013 financial year the last of these properties was disposed of. The Board has considered and reviewed the current financial status and the cash-flow projections of the Group. Having completed this review and given consideration to the other factors detailed above, the Directors are of the opinion that there are adequate financial resources available to enable the Company and Group to meet its obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. The Group is in the process of undertaking legal action and as such, will continue in operational existence for the foreseeable future and the financial statements have therefore been prepared on a Going Concern basis

2 comments:

  1. Hi bbr391- Hayley Roberts from FIM confirms that the MET a/cs are being posted this week and she has also promised to post them on the website, but this has run into tech gremlins so far. Cheers. Steve

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  2. They are on the website now- looks like just 5 Euro cents per share as a final dividend soon, unless you can see anything else. Cheers. Steve

    http://www.metrobaltichorizons.com/wp-content-mbh/uploads/Metro-Baltic-Horizons-plc-31-12-16_Typesigned.pdf

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