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Started: applebee, 7 Jun 2024 15:50
Last post: Nobby10, 7 Jun 2024 22:01
Applebee's get real, there is no case. It provided a spike at RTO on the SP. The case is going nowhere
Does anybody know anything about this case? I tried looking it up on the ICSID register but cannot find anything. Does the case even exist any more?
Started: bluerill, 15 Apr 2024 08:46
Last post: Nobby10, 7 Jun 2024 21:59
Is this the same production that you told us all would be starting at the end of Q1? I say again, this business model was built on pop up factories to deliver efficient, profitable and quick housing stock. It has taken this company a year after IPO and it still hasn't got its first line commissioned, there is something seriously wrong with this process. People on here will claim that a delay is not a problem and that we should all be patient, but this is having a detrimental effect on cashflow and shareholder confidence. Also I don't believe this business will break even until at least 2 or 3 lines are operational and at the rate this team are going that makes this a loss making business until 2028
Scrappy buying continues. Let's hope it's a prelude to an advance on production
Actually this bounce feels a bit leaky to me and since the factory and orders they’ve got in Central Europe are very real, I’m hopeful someone is hearing some positive noises (FINALLY ) coming out of Duress. No denying the radio silence the last few months (I readily admit that I thought the company would make end of Q1 to start cranking out panels on a consistent basis) has been egregious, but since I’m confident that if there were any long-term issues out of the factory or with the 2 customers, the company would never have been able to do the recent cap raise and instead would have been compelled to disclose those issues, I’m still pretty comfortable that we are delayed, not denied. Remember, this share price has fallen on very light volume, so it’s entirely reasonable to believe it can rally hard on the right kind of good news. Wild, baseless assertions from cranks like johnpwh, while understandable in some ways due to the long delays, should be ignored in the end once these guys get their production line(s) going on autopilot since this business model is simple and wildly profitable and that will be all that matters in the end.
Just the spread
10% rise why?
Started: TruroTrader, 27 Apr 2024 11:59
Last post: Nobby10, 28 Apr 2024 10:29
Thanks TT for your comment. I am in complete agreement with you but where I draw the line is where shareholders are misled. That is what I have a major issue with.
Their are various posters here who castigate Fox/ECOB and their Directors both past and present. But they took risks when they bought their shares. Risky investments can bring high rewards but also high losses. Shares on AIM can fall as well as plumet.
Risk 1. The AIM is considered a junior market and is less regulated than others.
Risk 2. Both Kosovo and Albania are considered to be less stable countries that have a higher level of risk than Western European countries.
Risk 3. Both Fox and ECOB are start-ups and profitless and have been so for many years. Inevitably luck will play a part if they achieve success.
I'm not trying to start a war here but we are all responsible for our own actions and have to live with the consequences of them.
These shareholders, presumably, volunteered to buy the shares. It was their own decision. There should be no surprises at various delays, cash calls and set-backs. The responsibility for their situation is largely of their own making.
Last post: Joejoef82, 25 Apr 2024 20:46
TT if your talking about the tiny little rise from the 52 week low of 10.25 then it’s barely worth getting excited about considering where it’s fallen from I am not seeing any progress worth any form of excitement or any to change my opinion on this company as of yet
All I have seen is it decimation from its ridiculous RTO price so until I see a noticeable and sustained rise in share price and value return on my money my view will not change
Ultimately they build houses with their walls, where is a picture of their first house built with eco buildings walls? I think we have been waiting long enough. As mentioned before there is no indication that these contra ts are being fulfilled just rns on board changes and standards being achieved in other markets, focus on these two contracts and revenue generation would be key. From my recollection this year what have they actually generated in revenue TT?
Nobby,
I don't think your quite right. ECOB produce walls and ships them to a customer and, as I understand it, the customer does the actual building. I can't recall any talk of ECOB doing any building? I could be wrong of course.
Any houses built yet? I thought we were expecting the first one in Q1. After all this is a house building company.
JoeJoe,
I'm uncertain If your post today refers to my post of the 18th. If so look at the share price history for that date and all will be revealed!
Started: Joejoef82, 27 Mar 2024 08:14
Last post: bluerill, 10 Apr 2024 19:51
Patience, job, patience
Progressing well I see , wonder how many weeks/months this will take.
I don’t think there is anything to ramp on this stock it’s pitiful and the price action tells u everything it’s dire the board can’t even get the first payment on time also tells u there’s more problems under 10p possibly on the cards
Yet still someone will say its fantastic and this time next year we will be millionaires. No.we won't. In all honesty is even the most bullish ramper here 100% sure this crock of s*i* will.be here in a year?
what do you know 10p on the bud what a crock of **** did say this would hit 10p several months ago
Started: Nobby10, 6 Mar 2024 16:57
Last post: Joejoef82, 22 Mar 2024 08:38
5 days of trading left of the 1st Q to see if the self acclaimed anticipated 1st revenue will land on time surely there won’t be a delay time will tell.
No, I’m not high and no, I wasn’t suggesting anything. What I was pointing out is that communications from the board before rebranding and post have been nothing short of abysmal.
What I was also saying is some people- myself included- may have looked elsewhere and seen opportunities to jump on a quick rise and potentially make some of the heavy losses back that we’ve all incurred here.
Nice one bluerill, I agree.
Everyone has their opinions, and are totally entitled to them but we should all keep it civil. Very happy to tick up your post, hope others do too.
Anyway, there's enough fighting on these message boards already, joe. Even though I/we probably won't be able to keep to remain this way, for now, let me try to walk back some of my hostility: I get you didn't mean 'proof' in the courtroom sense of the word. Rather, I think you meant that the Company hasn't 'demonstrated' that those contracts in Albania and Kosovo are 'active' as there hasn't been any announcements yet of panel deliveries into them. Fair point, and fwiw I'm just as impatient for that as you are, probably more so. But understand as well, that if the Company for any reason was no longer in a position to deliver soon into those contracts for any reason - from a breakdown in the production facilities to the cancellation of one or both of the 2 confirmed, signed 3-year contracts which represent the potential for E110m to the Company over that period - that would have had to be announced by now. Our default position as (frustrated) shareholders must necessarily remain that the Company's most recently announced timeline for 'first home' delivery will be around this quarter end. Let's go.....
What do you think the dough was for except to be able to deliver on future orders as well? and 'proof'? Investors don't get 'proof' of the business claims like confirmed contracts of any company anywhere and have to rely on the oversight of regulated advisors and public regulators and the threat of severe punishments if the claims provided in regulated public statements such as in RNSs and/or admission documents are shown to be false, in order to make their investment decisions. Of all the public companies in the world, somehow you're demanding that ECOB be held to a higher standard of evidence.....? Didn't think so. The contracts are signed, in place and active and I'm confident the steady improvement in the Company's output will result in updates soon on early deliveries into those contracts as well as progress in other markets.
Started: Black-Knight7, 26 Jan 2024 09:56
Last post: bluerill, 6 Mar 2024 20:42
'Back to live your life'. Yeah, right
I also find it funny John that Bluerill mentions that I have kept quiet because the business is on track to deliver its end of Q1 commitment for full scale production. My understanding was that this milestone was meant to have been reached six months ago. Oh Bluerill you do make me laugh. Anyway I am off to live my life for another 3 months, I will be back happy campers to see how much this company has had to raise again and hear the Q3 commitment to full scale production. Hopefully Bluerill you will still be with us.
I repeated my post from the last time you defamed the company, john, this time as a warning. You see how much more careful nobby is being with his (less frequent) posts. I fancy one reason is he's been embarrassed by being wrong about details like Dominic Redfern, but I'm also betting he is also hearing through his remaining contacts inside the Company that management is - much to nobby's chagrin - looking well placed to deliver on its by-the-end-of-Q1 2024 commitments on full-scale production. In addition however, I think nobby has finally gotten the message that Companies generally are becoming more militant in pursuing defamation claims against posters on boards like this one who have gotten particularly careless in throwing around words that are clearly over the line such as 'con' and 'fraud', to name just 2. I'm only going to say this once: a weak share price, or a big capital loss in your account and/or being really, really angry about either IS NOT EVIDENCE of anything remotely approaching fraud and you would be well advised to stop using such language on this or any other public forum ever again. You have the receipts, then by all means bring them, otherwise stfu, you libelous little punk.
That's not even close to the point, john. You don't launch a debate into orbit by accusing a Company (and its managers, obviously) of being a scam, then get spanked because you're made to realise that you know nothing about the Company's transformation, and then try and pretend like you never engaged in such outrageous rhetoric by trying to downgrade to harmless pablum like, 'Hasn't exactly gone as promised so far has it...?' Well duh, thanks for pointing out that the share price has fallen. No one would have noticed otherwise. Come back when you're prepared to apologise for the needless defamation and then we can talk about your dopey challenges.
Has full scale production started yet?
Started: Radika, 21 Feb 2024 18:19
Last post: TruroTrader, 22 Feb 2024 19:01
We're actually engaged in arbitration which is a different process. As I understand it both sides have agreed to abide by the Court of Arbitration findings. There was a mention on this board that the summer is a likely time to go to court but I have no clue if this is so.
Any body any info?
Is going to start? And when would we know outcome.
Has disappeared.
Started: bluerill, 18 Jan 2024 12:03
Last post: TruroTrader, 18 Jan 2024 13:19
My words were the website seems rather s p a r s e!
seems fairly positive to me. would like more info though. website is rather sp**** and very little news comes out. it is of course early days so hopefully that will change. the comment about fox stabilising was interesting. we've heard nothing for a long time.
So he is being fired and it certainly looks like its for cause based on his PERSONAL conduct, as I suspected. As for the Don Nicholson-for-Andrew Allner, not sure yet. Allner is not rushing off and will provide a transition period, which is encouraging, and both he and Nicholson have both had substantial industrial careers. In addition, I never crossed paths with Andrew during fundraises for Fox or Eco, so I don't think he was in any way intimate with the day-to-day engineering operations. As for gravitas, the Company still has Mark Lyall-Grant as (I believe) senior non-exec so I reckon the Company is still punching above its weight with the quality of its Board, which augurs well for the future .
Started: Traxpern, 10 Jan 2024 22:06
Last post: Traxpern, 10 Jan 2024 22:06
Full commercial production must be near
Started: Traxpern, 10 Jan 2024 07:11
Last post: Traxpern, 10 Jan 2024 07:11
A good rise coming soon.
Hard to buy
Started: bluerill, 1 Jan 2024 11:36
Last post: bluerill, 2 Jan 2024 11:01
Yup. Having to assert your relative 'success level' to a compete stranger on on a manky financial board, is indeed a classic means of evidence, nobs. No damaged-ego-breeds-fantasy-claims to see here. Still, despite the absolutely bulletproof demonstration of your bone fides, nobs, I still can't help myself continuing to re-read your fantasy CV. 30 year career in the City, huh? And yet you knew nothing of the problems at PKF, which anyone with 30 minutes of experience would have. Got it.
You don't intimidate me SLY and Bluerill I certainly didn't read from your CV, mine, I am sure, has been more successful.
Yeah, nice try, nobs. `You certainly read from a CV alright, but I think you were copying off my paper. And it's precisely because of the vast imbalance in our respective abilities that I've been able to out you so quickly. Anyway, I hope you've enjoyed your time as c-ck of the walk here exploiting your bit of inside information from your brief time with the Company before you were most likely sh*tcanned, because its about to get a whole lot harder for you to cosplay from here on.
Bluerill go easy, you will burst a blood vessel. Let's be clear I have never worked for this business or any business associated with ECOB. I draw my experience from over 30 years working in the City for funds with a background in multiple investments across multiple sectors including construction. I don't know who you think you are talking to but you are mistaken like most of your posts on here. I am content this morning that I have wound you upto the point of a heart attack.
'....you are right that they have completed the tasks set out in the admission document but the problem has been timing,...' It's like trying to argue with a Trump supporter, only dumber. That doesn't even remotely conform to your position towards the Company these past months. All you've done to date is engage in wild speculation regarding everything from the auditor-led suspension to production milestones that consistently pushed as negative a narrative as possible, and you've been wrong wrong wrong. Now all of a sudden, when the evidence of positive progress is irrefutable, you're conceding the Company is delivering on its promises (btw, still waiting for that apology on your auditor-led suspension faceplant) and the real concern is funding?!?! Move the goalposts much? As I've already written, its apparent that the further you get from your likely (brief) time with the Company, the weaker your information becomes which, combined with the bitterness borne of whatever wrong you feel was done to you, disrupts your remaining brain cell from even helping you appreciate what a senseless hypocrite you're being.
Started: Joejoef82, 7 Dec 2023 22:10
Last post: Nobby10, 14 Dec 2023 12:35
Where is Bluerill? You were so right that the first panel was imminent back in Oct. I was so wrong Bluerill.
Who thinks this will still be alive this time next year?
SLY, 15% drop in SP, congrats you must be pleased with that? When are you stepping into make your millions? In less than 6 months this company has gone from a market cap of £55m to less than £9m. Incredible. Congrats CG, DR and EA, you have surpassed your record at Fox
Pmsl here ones 10p what a joke I have now resigned to the fact that my investment is gone so will no longer be checking in on the dump/con of a stock gl all
Talking about due diligence, has anyone looked up these two companies that are meant to have contracted over EUR114m worth of development projects with ECOB in Kosova and Albania? Take a look at their websites, one has not filled out the review section of their own website. Very shoddy. Makes you wonder about their financial stability and credibility.
Started: Black-Knight7, 1 Dec 2023 08:59
Last post: TruroTrader, 5 Dec 2023 15:04
Hi Nobby,
The info I read from ECOB concerned moving existing kit from the middle east to the Balkans to start production for existing contracts. There will possible be some new equipment but the emphasis was on the movement of old kit.
I can't see Lyall-Grant getting on the board of any company that is suspect - he is far to much of a heavyweight and an extremely prominent VIP. Read his profile on the ECOB website if your not convinced.
Thanks for your comments Truro. My issue with SLY is the spin he puts on everything. Take his last post about shiny new equipment now installed, it maybe shiny but it is not new, Dominic Redfern had been using this kit for decades before ECOB got their hands on it. Also self funded multiple production lines. It is not self funded as this business has not produced its first panel yet and generated cash. It is just utter tosh and provides those shareholders on this board with a false impression of this business.
Hi Truro
I do write with a tongue in cheek but seriously I think that it will be a miracle if we get any money back here.As for denigrating CG then why shouldnt I. All he has achieved so far is fail and leave shareholders poorer. I am happy to hear any arguments to the contrary. Not even sure how liquid the share is with deals few and far between. I wish you, and me with my small investment,.all luck!
Hi John,
Some of your points are valid. However the suspension was because of regulatory issues with the auditors.
The lack of news is partly due to the fact that the original plan, as in the admission documents, has actually happened. There was a bit of a delay perhaps but that is par for the course on big projects and for ECOB this was a big project. This was a positive step and was ignored by the pessimists. The photos of the production line released a month or so ago looked pretty good to me.
As for CG; he is not involved in the day to day running of ECOB so there seems little point in continuing to denigrate him. I am pleased that he arranged for former shareholders to benefit from any arbitration proceeds. This of course will benefit him but also me and presumably you.
You mentioned hype in your email - but ECOB doesn't do hype and it's not doing updates either! Like you I would welcome some news on progress now that we should be in production. I would also appreciate an improved website. They both may improve the SP!
Come on Truro, we've talked on the Fox board in the past and on here. Fox shareholders have gone from the frying pan into an all consuming fire. This whole ECOB thing is a con. It floats, is almost immediately suspended, and after it does get relisted there is a total lack of news. You can hear the tumbleweed here. Chris Gilbert is guilty of ruining the savings of ordinary poor people who believed his hype. We've got quarries full of different marbles to match the Italians, we have a foothold in a prestigious Chelsea showroom, we have a London showroom. Rubbish. Now we are making sheds with kitchens that have marble tiles and work surfaces, give us money and I'll make you rich. The bloke should be one place. Jail for fraud. He wont get a penny from me in a fund raise.
Started: SuePud1, 16 Nov 2023 12:15
Last post: Nobby10, 27 Nov 2023 18:47
So true, they are haemorrhaging cash with that ridiculously expensive Board and waste of space strategic advisor, CG. They will be needing cash soon and more than likely be even less likely to get asbefore as they have now proven how incompetent they are in getting this business cash generative.
Private equity in general is falling off a cliff as liquidty drys up alongside the revenue. cash is king and they don't have any
Https://www.calcalistech.com/ctechnews/article/s1g004ylr6
Looks like another modular construction business has gone to the wall and they managed to raise $600m rather than a measly £2m after expenses.
I sincerely hope this is not the extend of there marketing campaign WTAF is going on!
LOL Joe, I see there have been two sells since the call. Sanjay you certainly are in a different category to everyone else, for shareholder destruction. One concern I have was Sanjay talking about self financing growth but then mentioning additional funding. Mark my words, these clowns will come back to the market for more money.
Started: Nobby10, 27 Nov 2023 13:28
Last post: Nobby10, 27 Nov 2023 13:28
Well this is interesting. Lots going on in this company? We are now near the end of November and more at the end of Q4 and still no information on the production of the first panel. Bluerill I think you said weeks ago that your assessment of the last RNS was that a panel was imminent. How wrong you have been . Where are these contracts SLY? I doubt we will see anything from this business before Christmas by which time the share price will be a penny stock.
Started: Gatekeeper0, 4 Nov 2023 07:25
Last post: Gatekeeper0, 4 Nov 2023 07:25
With 114 mill contract on an 11mill mcap really worth getting into this niche market. Therr is a lot of rebuilding to be done in an economical way and I think ECOB will be central to that. Shame all caused by war. For some fantastic info and articles see the telegram group just look for ECOBFOX after downloading TG. Run by our ecob oracle.
Last post: Joejoef82, 3 Nov 2023 08:47
Radika it’s horrible not much PR from the company to stop the drop I have been close to pulling the trigger at a massive loss but will wait it out for a bit longer and see if I can at least get some money back
Still no news . 55p placing now 16p.
Started: Joejoef82, 26 Oct 2023 10:47
Last post: Nobby10, 2 Nov 2023 10:04
From the pictures it looks like the equipment is all setup but in my exerience the hardest part is commissioning equipment, that takes time. To really capitalise on this factory they need to get that second production line up and running. Anyone else notice the number plate on the Land Rover in the pictures?
It’s the start of a new month let’s see how how quickly these wall panels get started maybe the first positive sign this could actually move in the right direction or will there be more misery the board did say they would update us asap
The drop continues nothing positive coming from the board to help prevent this bloodbath decimation of the share price 10p by next week
Is anyone remotely surprised?!
Correction 16.25 now !
Started: bluerill, 23 Oct 2023 15:13
Last post: Joejoef82, 25 Oct 2023 09:16
Good to see we are being flooded with buys and rolling RNS’s
If this is such a grubby financial website Bluerill, why have you posted 1600 posts?
Thanks for your valuable insights Dibs, I completely agree with you. As per one of my comments many moons ago about giving this management team the investment for a new factory (Fox Marble) and then they didn't generate any revenue from it. The same, I am sure, will happen again here. I would correct you on Gilbert, unfortunately he is still here advising the Board. I am sure they need his valuable experience on how not to run a profitable company. BTW ignore Bluerill, he is a little stressed that he is still heavily committed to this business
Thanks for sharing that deep thinking, dibs. Certainly demonstrates perfectly the level of insight achievable from someone whose training consists of posting over fifteen thousand (!) messages on a grubby financial website in 11 years (happy anniversary by the way!). That's nearly 1,400/year, or over 100 per month. You don't get to the level of a 'Talk of Albania… ouch, no thanks....' by being any old schmo who posts like, less than 4x daily. Go you!
Bluerill- very tetchy …… And thousands of posts on here gives me a good insight into what is and isn’t a potentially good investment. I seem to sense a feeling of ‘deja vu’ here. Now let me see, Ah yes Fox Marble. Similar story. They were building this amazing factory too which was going to be mega busy with all these orders from around the world….. Well we all know what happened there don’t we. This time they’ve disposed of the useless Gilbert (who should’ve stuck to his vinyl interests but who made a fair buck out of nothing).
They talk of this as if they have come up with this amazing new concept. What utter b*llox.
Different faces. Noble faces. Same old story. Easy money, for them that is….. not you or I.
Talk of Albania… ouch, no thanks.
Oh and the SP always tells a story.
Steer WELL clear.
Started: Bullishbearish, 19 Oct 2023 07:53
Last post: Nobby10, 20 Oct 2023 11:21
I would also add Bullish that we were promised a revenue generating factory in Q3. We are now in Q4 with pictures posted online of an incomplete factory and no immediate deadline for commissioning and production taking place. In the meantime the Board and senior mgt team have not been forthcoming in communications and have creamed £250k in salaries. If I was the developers I wouldn't be waiting around for these suckers to get their act together, I would go with another construction method. This company will need to come back for further money in the New Year
Foxy and his TG hiding in the shadows because they no how wrong they got this none of them trying to promote this
Bullish
The management are perceived as greedy and totally incompetent because of the farce following the restructure. Because of them investors who believed the BS are heading for the exit door at every single opportunity presented to them. And as just noted you cant even get a quote to sell, and I mean any quantity, not even 50 shares. Believe me I've just tried it out of amusement. Worth about £15!!!
I wonder how many people are happy sitting there watching this train wreck happen going on about the fundamentals being so good that the price continues to free fall if it where that good then why is no one buying ?
Yeah very strange how his TG ain’t buying much at these amazing prices.
Another 30% down today and doesn’t look like stopping
Started: McShooter, 19 Oct 2023 07:37
Last post: VacationFund, 19 Oct 2023 07:39
1p a share
The suspension is lifted from 19/10/2023 7:30am, the half-yearly report having been published.
Started: Birdman1994, 18 Oct 2023 05:50
Last post: Nobby10, 18 Oct 2023 17:17
A superb update?!!! What a load of BS Foxy. Revenue has only increased because of damages awarded against some Indian company otherwise it would have been a reduction in revenue. Those impressive control measures that Andrew Allner has mentioned have resulted in an increase in admin costs from £1.7m to £2.3m and the loss has widened to - £1.9m. Oh yes that is perfect Foxy, where did you learn business cause where I come from those figures are the result of an incompetent management team. I see also borrowing is at £2.5m. I also see in the narrative attached to the figures that they are still forecasting factory completion in Q3 23, does anyone in the company proof read the rubbish they churn out, we are now in Q4. Don't get me started on suspension, how can anyone be happy with that? As John says, gives that idiot CG an opportunity to collect another £24k of our harder earned money and not have to communicate with shareholders. There is no factory update Foxy, you talk () & £
Joe
There really are some people on here who don't think they have been fleeced and have not lost every penny! Time will tell, and I will be happy to apologise if I am proved wrong, in which unlikely event I will also get some of the small amount of money back that I gambled.
I put gambled because the word invested is not appropriate with anything associated with idiot Gilbert.
PMSL the worse is yet to come shockingly bad but expected
Hi Foxy,
Funny how I popped my post early morning and then the RNS drops. I must have been tuned in to what was happening. If only I could see into other matters!
I've been sat in the background patiently waiting, rarely commenting here, but I would hardly call this morning's RNS 'superb'. Its an update on accounts. My post this morning is not 'trashing' the company for lower entry- on the contrary, I've been invested here pre-ECOB, I look in here and on the telegram group too. There are people on here that do have specific intentions and it's clear for all to see but my post is not to be mixed in with those.
What this morning's RNS should have included is when they now expect for the interim results to be released and an approximate timeframe for when this share will be relisted. That's what I would like to see because, quite frankly, my patience has run too thin because of a lack of communication from the board.
'Shareholders should be aware that Company's Shares will remain suspended until publication of its Interim Results for the Six Months ended 30 June 2023.' Ok, strictly they haven't put a time estimated time on it but given what we have seen since June what is your expectation?
I will change what I previously said. We are the idiots, not Gilbert. For him it is £24k till Christmas.
Started: bluerill, 1 Oct 2023 22:23
Last post: bluerill, 7 Oct 2023 16:49
Yeah, nah
You don't need to be in the City Bluerill to see that this IPO has been a complete train crash but yes, sources I have spoken don't see this succeeding. Bluerill, you may mock me but I know more about this business than you. Unless of course you are working for CG.
'people you've spoken to in the City.....'?!? Seriously? Are they different from the people you speak to in your head??
You're welcome Bluerill. Sources I have spoken to in the City have said that this IPO has been a compete train crash. Amazed people on here are blind to it. You will all be throwing your toys out the pram in a couple of months when nothing has changed, that massive and expensive Board has hoovered up all the cash and they come back to the market requesting more.
There's a shocker, nobby. thanks for the deep thinking