London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Interesting discussion and it is all speculation, however the H1 results did not include the £3m order as they are to be shipped in H2 so are not in accounts (by my reckoning!), I also doubt much of the £2m is either (but who knows) which begs the question what is H1 made up of. The interims do not show the segmental breakdown for each division so you need to go back to the finals (note 5) to see Labskin did circa £3.4m last year so a lower base for comparisons. How much Labskin is in H1 results is anybodies guess but I doubt we will get the same growth rate as last year and STC is only kicking in but sure we will get some growth, my bet 50%. Still confident we are moving in right direction and we will continue to grow year on year although sure it will not be a smooth ride.
RB40. Having lost interest in DVRG in recent weeks (and reduced my holding accordingly) just curious why your bet is that Labskin is underperforming? Is there anything coming out of the event this week that DVRG have part-sponsored? Seems likely to me there are huge outgoings for all these sponsored events and unless they translate to sales then there will likely, in my view, be another fund raise early in 2022 (can’t happen in 2021 as that would break a promise). There’s no doubt in my mind that much of the tech that DVRG has is much needed but conversion of that to £££ seems to be very difficult for the current management team. Pandemic notwithstanding, the ‘these things take time’ arguments, together with NDA constraints, and CR delays are all wearing a bit thin for me.
Minded GB’s wife dumped shared not far from double where we are and GB made a stupid point about it around Valentine’s Day on Twitter, so unprofessional and quite rankle embarrassing. I wasn’t actually moaning about the awful share price but (I repeat) am alarmed that labskin’s is seemingly in reverse from where it was last year. That is a fair point to make. As great as all these other services could be that is our core competence (bread snd butter).
As I said I’ve been invested for 3 years and know the business and services well as well as the RNSs in the last few years. I used to love his enthusiasm but there is a line and he crosses it too often. He bigged up £2.4m in Q4 (only a few weeks for MWG) and said momentum continued into 2021 and then we have H1 results. Anyway, let’s see what the next couple of RNSs bring.
I have no doubt that you are long term and do understand your frustration regarding SP. But I don’t see any reason to think about stagnation when labskin are expanding their space. Sometimes it takes much longer to growth a business than we would like. And it’s so often the SP doesn’t represent the company performance. Then the impatient people sell and MMs make their own agenda out of this… Good luck and I believe we’ll not have to wait too long :)
Cheers ragnarr, apology accepted and I offer my apologies for poor language. I still have circa 600,000 shares (new money) snd want us to do well but am concerned about labskin stagnation and our CEO behaving amateurishly.
Anyway, let’s see what RNSs land in the coming weeks.
R40 - fathoming the traders/de-rampers from the genuine investors is a minefield - I fear I may have misjudged. Your passionate, vociferous and rather colourful retorts show I clearly offended and for that I apologise.
Christ I am not in your camp muggins. I am merely saying depending on the results, it will call into question GB’s suitability to take us to the next level. He is more a rampy second hand car salesman than a £200m market cap (TP’s target) listed PLC CEO. Banging on about over 100% growth when it is a fiction MWG and SKIN did nearly £6m last year. Also, MWG already done over £6m so SKIN is shrinking unless we have a significant revision in guidance. Hopefully that will come and with China resources RNS.
Ratty - what a delight. I see that you are spouted the same old drivel of utter irrlevances and dressing it up as 'research' Perhaps you should do some real research and then you might actually realise this company is making no progress other than adding a pile of overheads. They will be out with the begging bowl soon enough - rather sooner now that GB has taken a slug of cash out.
I likely met Gerry before you even heard of SKIN/labskin you mouthy **** ragnarr. FYI at one point I had over 15m shares (pre-consolidation) between SKIN and MWG. Little turd. In fact you can see it on RNSs from the takeover.
R40 - you are absolutely correct. The core 'old businesses are not doing much more than tread water. That is clear from the revenue guidance and the MW orders. It is certainly not speculation but completely clear from the data that the company has given. It is unambigous this company is making little or no progress and you only need to compare what GB said we would do for 2021 with what has actually be done. F all. He is now saying that it is all going to happen in 2022 which sounds remarkbly similar to what he said would happen in 2021. The only thing that he says should still happen this year is China. I wonder who actually believes that!? He has broken his word so often that there is clearly a credibility issue. That is why the SP is where he is and probably why he is selling out for 8p
My bet is it has made less revenue this year, as the large MWG contracts imply. That was our core competence so if that is shrinking it is awful news IMO. I bet we do not get an annual report with transparency but more smoke and mirrors.