FoggyIsle.XYZ | Market's view on Manolete Partn.

Research Tree provides CG research to subscribers with the latest notes dating back to 2020 from Arden & Liberum.
Canaccord Genuity is identified as the broker and adviser for the company.
Concerns are raised about whether any broker is currently covering the stock.
Investment interest in the company is driven by the bounce-back loan opportunity, valued at approximately £8bn; however, with typical loan sizes of only £50k, profitability from this venture is limited, leading to a preference for larger case sizes.
There are significant concerns about the company’s cash position, including the need for a detailed creditors analysis and how much is left to be handed to IPs from settled cases.
Despite an increase in revenue by 30%, some stock watchers expected higher growth and are concerned about the company’s valuation and future revenue growth prospects.
Observations are made on the company’s financial management, noting a low cash reserve of 1.5m and a significant drawdown of 13.75m from a reduced RCF of 17.5m.
The company has absorbed incremental overhead costs, showing potential for revenue growth from new cases.
Despite new case growth, profitability remains a concern, with skepticism about the company’s ability to generate substantial profits under current conditions.
Management is critiqued for possibly misrepresenting the choice to reduce the bank facility to 17.5m, with 13.75m already drawn.
Positive outlooks are suggested with potential to double turnover in the next couple of years based on an RNS that is considered complex yet promising.
A recent RNS is generally received well.
Anticipation is expressed for a forthcoming pre-close trading update.
Discussion about legal actions involves MANO suing solicitors, with specific details not publicly available and requiring direct inquiry to MANO.
Concerns about the stock price potentially dropping below a pound highlight the need for positive news to rejuvenate investor interest.