Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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:
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 Members are members that have a premium subscription with London South East. 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.
Eve gets another good mention in Which? (alongside other mattresses, but not Nectar or Simba) Affiliate marketing. https://www.which.co.uk/news/2021/01/top-mattress-deals-for-winter-2021/ :
'Eve mattress deals Eve’s winter sale ends of 1 February, but you can currently get 35% off its range of popular mattresses. This deal matches it’s Black Friday deal, so if you missed out then, this is a good deal. Mattresses on offer include the recently tested Eve Original Hybrid. At the moment you can buy it for £389, which is a saving of £130.'
Read more: https://www.which.co.uk/news/2021/01/top-mattress-deals-for-winter-2021/ - Which?
For me the only huge frustrations I have with eve are a) their inability to keep key items in stock. For example, they mention the Spindle bed frame as a key seller in the results and again they are out of stock on king size. I simply don’t get how a company with a cash pile eve’s size find themselves unable to maintain inventory. I guess supplier issues but bulk up your orders and warehousing if needs be or are they too cautious with cash.
B) the inches rather than yards marketing strategy made sense but I wonder, again, if that cash pile might have been more aggressively used as last year was an opportunity like no other to grow. From Simba and Emma’s reported trading. I think we can say eve probably didn’t grasp this as firmly as they could.
All that said, I’m pleased with progress. I read that the planned French expansion does mean a pivot from cash conservation to a more aggressive growth strategy so I expect good things this year.
I didn't know much about Nectar, Si.
Seems they ate pretty big in the US. Don't think you could describe them as a 'small fish'. I can't find much about them in France yet. They certainly seem have the clout to invest in the UK and it's shown.
We had more web traffic than them in December 2020.
From the 'About Us' Nectar USA site: "We are a passionate team who believe that everyone should have their best night’s sleep - night after night. With offices in San Francisco, New York, Tel Aviv and London, and a company motto to work hard, have fun, and sleep deep, it’s no surprise we were named one of the best places for employees in NYC."
Disagree with your analysis Smalinvestor but all views valid here.
Small investor, you compared Nectar with Eve a couple of days ago. I've just compared them on similarweb and in fact Nectar have been SLIGHTLY ahead of Eve for a while. BUT Eve nudged ahead for the first time, in December
https://www.similarweb.com/website/evesleep.co.uk/?competitors=nectarsleep.co.uk
Aldi are selling bed frames online now. Can't see a mattress from Aldi so I guess buyers will seek online mattresses too. Eve will get a share of sales presumably.
https://www.aldi.co.uk/pink-double-scallop-bed/p/00000064388000
https://www.aldi.co.uk/grey-double-ottoman-storage-bed/p/00000064387400
Aldi say that they'll be delivered a bit late – once the Brexit bottleneck is eased - so others are having logistical problems.
And a bit of a moral to boot too:
I held Yu energy shares for quite a while. Sold them (as they did nothing for ages) to buy some Eve in time for the update last week. Yu came out with a great update yesterday (after previous good updates that had little effect) and currently up from 105p to 205p: Moral for me is 'do your research and stick to your plan'. Hopefully Eve will deliver before and I'll still be holding this time..