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I see we're on shop tv again next Thursday.
Looks like they were on tv again last night. must be a weekly thing
As I confidently pointed out was going to happen a few days ago.
There is still a ready buyer out there , so I’ll confidently state that it will continue to rise .
Do some more research on the amount of food that goes to landfill. Watch the presentation from Martin explaining this and the margins that are available.
Time will tell if the business model works but a better team to execute it I doubt you’ll find. Plus tons of skin in the game.
I wonder about the capability of their business model to be able to generate enough revenue to provide for a return to shareholders. There is much competition in the home delivery market these days from the big supermarkets, Ocado etc. The business model seems to rely on a quick turnaround thus allowing the purchase goods with a smaller 'sell' period than say the large supermarkets. Whilst this allows Huddled to negotiate better terms from suppliers how scalable is this model? Apart from perishable goods and farm produce, which Huddled do not sell, you would expect producers to match their output to their orders from the large distributors. and supermarkets. You would not expect a large amount of surplus for Huddled to buy. Or am I missing a trick here?
Would expect some news on warehouse facilities soon as we seem to be approaching 30,000 order limit. :)
You probably right H2 and looking at the order numbers which some of us are monitoring Q2 appears to have started at about 975 per day at at least £30 per shout.
Plenty of upside from here assuming the business model is working (Which it appears to be)
I personally think your exit points are a bit low, because if you consider the cash they hold, then assuming the business is succeeding it’s going to rise quite dramatically from these levels.
No I wouldn’t either but everyone has an exit price. Personally mine is 4.5p - 5.5p later in the year or maybe earlier the way they appear to be performing.
Hopefully news this week on Q1 etc
I wouldn't be selling these at the moment,they seem to be in a sweet spot with the cost of living crisis going on and looking to expand.
Thanks for the link.
I see that they are on again next Tuesday , so it’s obviously a tool that is working from them.
The presenter did mention that there’s were 700 people shopping on the site while she was speaking.
Not the kind of thing I would normally watch, however, the presenters do a brilliant job.
They were live on ITV1 again last night - skip to 0:02:20 for the start: [LINK REMOVED]
They were live on ITV again last night - skip to 0:02:20 for the full show: youtube.com/live/vOG3yJXnCwk
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All week, it’s been easy to do dummy sells of a very large number of shares at full asking price.
As there don’t appear to be many sellers, it looks like the brokers nudge it up a touch each day, hoping to tease holders bit by bit into selling.
Historically , with this company and when it was in its previous forms, this scenario never failed to realise a rise in share price.
I would be certain it will go up from here.
Not really a big surprise as it’s been fairly obvious that they have been very busy and the business is growing.
Interesting to hear that their high value items such as gin have been so popular.
The kitchen ware addition is an interesting addition.
I would expect a very positive update in the not too distant future.
Sustained buying over the last few days.
I expect those good metrics were meaningful.
Was that a 690k buy late on?
Let's hope we're seeing the beginning of a large online retailer.
I would guess that they have found this channel a very effective way of getting new customers.
Looks like they had another slot a couple of nights ago...
https://www.youtube.com/live/I7nbK4GiCqY?si=3chehEWiL3n7JgAE
Food circle looks like a good fit for the business .
It would have been nice to get a trading update at the same time ..
Wednesday often seems to be a news day with this lot.
Seems somebody is doing a bit of share shopping today.
Yeah i`m looking forward to seeing the numbers. Not expecting too much Q1 but could be pleasantly surprised.
Should benefit from the Euros etc Q2.
Must admit expecting a Q1 update this week. Just the numbers don’t think they’ll have the warehouse sorted yet.
I re watched the video where Higginson talked about margins .
He stated they were between 5 and 8 times higher than normal retail.
Standard margins for groceries are between 1 and 2 per cent, so DD should be making between a low of 5 and a high of 16.
If my previous guesses are correct ,,then they should be able to make a profit in year one.
Happy to continue topping up.