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# ROW Rev forecast £110M
U.K. £90M
I am in THG and Rev, agree with the gist of A/steels post
One area of note though is that the City can’t get its head around Ingenuity and it’s cash burn, coupled with the CEO who controls the businesses via a Golden Share turning down a £1.70 Bid just a couple of months ago, so no chance of a takeover for at least maybe 12 months - the CEO has 3 years with his Golden Share from IPO
Rev B issues will all come out in the wash the next few weeks, my personal call is short term cash constraints and auditors agreeing on the value of the inventory, the one bit of data I can’t fathom is the RNS last week still refers to £18M full year EBITA and £200M plus revenue even though they lost £money H1? Am guessing the H1 loss is down to the USA acquisition back in Feb this year and they enjoy the full benefit of the gross margin increase from medichem ltd in H2 ?
Pure speculation but the inventory /chemical materials could be worth what the m/cap is, kind of has to be at £50M on £200M Rev 70% of which is to global retailers who don’t carry stock generally, could be less and I could be wrong but soon find out - includes overseas stock as £110M ROW
Anacott, your story is very interesting and inspiring, however, revb is at 17p if you haven’t noticed, this is the time to buy, not at £1 or £2. It’s not going to fall much more from here is it? It might get to 15p but it might not. Imho DYOR
A friendly warning m.. I hold THG & have been battered chasing a falling knife. Please be careful with REVB note THG has fallen 92% since peak yet THG has £550 million Cash in the bank & £170 mil unused credit facilities so £720mil headroom & no need to potentially raise extra funds for 3 years in like REVB. I believe REVB SP is stupid low but I also thought that with THG@£2 @£1.60 @£1 @80p @70p @63p but here it is & with a revenue turnover of £2.3Bil & reiterating £2.7Bil for Sept results the markets can remain irrational longer than you can remain solvent. Not deramping just sharing my story from a company which is in a much much stronger financial position than REVB. I expect THG to be £1+ by Christmas as Inflation falls away and Growth/Tech risk comes back on & therefore expect REVB to be 40p+ but in the short term SP is anyone guess be careful… IMO DYOR…
I think you will probably find that the shorters are across the back of this and also selling it down. It means you can get twice the effect.
Shouldn't be any news in a closed period until delayed results on the 30th August.
Guess we can judge how successful Jupiter have been last 5 years
No wonder they have problems
https://twitter.com/bargain83399253/status/1556920084613963776?s=10&t=59PoJQVrTqfSbfnWEe9qkQ
Jupiter and esp cystralis are modern day back robbers
It’s a disgrace what they have done to over inflate holdings to unlock fees and bonuses
I would say the FCA should investigate but they are toothless
Rony is correct on one point re Jupiter
They valued Klarna at $47B took the fees off their clients
£60M
Then Klarna got revalued at $6B
No wonder they are having a run of redemptions
Jupiter are having a run on them like Woodward Funds
Some decent after hours trades popping up now.
Yes Jupiter are not stupid but that doesn't mean they always get it right either. Because if they did get it right they wouldn't be selling out at a massive loss. Just because they are TR1 holders does not mean they are privy to any more information than us lowly P.I's.
Their decision to sell down has probably more to do with their general risk strategy than anything they know that we don't.....
Good for us PI’s though IF in cash
They are pretty stupid Rony
They bought £90M at £1.60
Sold at 17p
Doing the same at THG and other stocks
Getting hit by redemption calls they need the cash
Or they got out in time……they are not stupid
Bit of a surge in volume in the last hour with 3.2m shares traded, that's the highest hourly volume since the big chunks went through last Thursday. The main benefit to the share price being forced down is that it takes less PI / II capital to take the Jupiter stake out...
Not often us small PI’s get to feed at the II carcass
Jupiter are getting mauled
After close TR1 inbound had to be
I would say that they are selling according to volume when volume is high they try to dump as many shares as they can.3,4 and 5 were really high vooume days.
They did sell 5.34% of the company within 3 days last week between the 2nd-4th (thats 16554000 shares altogether and 5518000 per day). So if they are still selling down and using the same selling ratio over the 4 days of selling since at 5518000 shares per day they should have roughly 21287725 shares left to sell which should take around another 4 days, so Monday they could be done if the volume stays the same.
I think we can all agree there still a large amount of selling going on in the background to surpress the share price and drive it the price down further so I'd put my money on Jupiter selling further, does not bother me one bit though to be honest as I have kept some powder dry for 15p and below just in case.
Thank you vernetles and lioness. I suspected they were down to that level. If they are not done, they will be real soon. Cheap shares for us poor investors lol. Good luck all.
They seem hell bent on shifting the lot.
@poorinvestor - as of last Fridays Jupiter had 11.5% = 35,648,861
No-one knows if they have finished or will continue to sell but this seems to have created an unbelievably low SP right now.
GLA :)
Imo roughly 20 mill left so sold 32 mill most at 17-18 reckon someone is gobbling up all the rest at these levels or maybe jupiter have reached a level their happy to hold after getting enough cash to cover their redemption notices hehe thank goodness they don't look after my money
Jupiter had 52 million shares, does anyone know how many they have now?