focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
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
Did you see us in the press today ? Our Daily Deals were featured in the Daily Express , Metro and Evening Standard ! These deals last 24 hours so grab a bargain before they sell out, and sign up for our emails so you don’t miss out🛒
Did you know we have a wide range of products , from groceries to pet supplies , health and beauty , cookware and bakeware, garden and car care. Whether you’re here for the craft gin and snacks , or to save money on household essentials or your weekly grocery shop , you’ll find plenty of reasons to keep coming back.
Over 20,000 people have rated us ‘Excellent’ on Trustpilot. With free delivery anywhere on orders over £30 ,there’s no reason not to shop with
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.
Also interesting to see that users had to join a virtual queue to access the site during this promotion as it was over loaded.
They must be super busy.
Hopefully they are turning a profit at the same time as getting new customers on board.
Great find.
Thanks for the link.
Interesting viewing.
Nice to see DD get the full 3 hour slot on ITV's Shop On TV last night....
https://www.youtube.com/live/8i_RM671MuA?si=EbovBAUXDV3qV3-U
Lack of any trading update is a bit concerning if you follow the rules to the letter .
Listing Rules. The key Listing Rules affecting business updates are in the box "Key UK Listing Rule obligations". In summary, issuers must notify without delay major new developments that may affect their business if the development may lead to a substantial share price movement. Issuers must also notify without delay information concerning a change in financial condition, performance or expectation of performance if the change would be likely to lead to a substantial share price movement.
Either way, it would be nice to get some news whatever it is.
I had also seen that.
Some might think it’s irrelevant , but I don’t.
Interesting to see they now sell cookware .
Hopefully we get a decent trading update in the near future to perk interest up a bit.
20,000 followers for Discount Dragons as of today; that is a near 70% growth in just the last three months. Impressive.
Full year financial results for HUD ought to be due in 5/6 weeks, I will be looking for an encouraging update on current trading.
Thanks for that.
At that run rate assuming average order value remains similar, then they are looking at £2.9 million revenue this quarter. 27265 times three months times average order of £35.96 equals £ 2941348
I actually think the daily purchase quantities have increased since then .
Compared to the previous quarter , it looks like they have increased sales by £1 million.
It’s a no brainier at the moment.
The fact that no one is interested presents a great opportunity to make decent money while the price languishes.
At some time punters will wake up.
Post-acquisition revenue of £1.5m (17 October - 31 December 2023)
· Q4 revenue increased 37.3% to £1.8m (Q3: £1.3m)
· Q4 orders placed increased 18.3% to 48.5k (Q3: 41.0k)
· Q4 Average order value (AOV) increased 15.9% to £35.96 (Q3: £31.03)
Sorry my last order up until day was 29/2
My last order was 29/02 16711 orders since then divided by 19 days = 879 per day x 31 days = 27265 for March at current run rate. Order value Unknown FYI