GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full 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.
Any idea why we are ticking up?
Solid trading update with metrics going in the right direction. On particular interest is the growth in Asia and the H2 update that trading in ANZ is up 20% which must be attributable to the acquisition of the active customers. This is exciting as this business has been built for scale and therefore revenue increases should feed through to fatter profits.
RNS this morning about completed acquisition. Seems we have bought a bit list of clients for quite a cheap price. Sales rising and profitably already achieved. My prediction is this will fly.
I think we should hear about acquisition before month end too? Anybody know any different?
Cracking results. Firm now profitable withy Asia growing fast. Acquisition to complete end of this month. Great update today.
Does anyone know if they will update on acquisition also?
Small tick up ahead of tomorrow's update!
Just posting now so that the "current" SP is recorded against my post. Check the SPs of the previous posts. It's now almost year end. I saw this share take the big plunge ... and took a couple of beers from the bounce. I can't believe that it's lower now.
Do people have year end price targets for mysl? Seems to have some real momentum now.
The last trading update was really promising. I would expect this to rise steadily from here.
Seems JPM closed the short with 12.5 million picked up at 44p, off brakes now
On a negative slant, JPM AM increased it's short by 60% on Monday from o.7% to 1,14 %. It will be attempting to get sp below 40p, and probably succeed.
added this as recovery play today down from £2+ level and director buy today and good statement = well worth a look iii article also today alluding to good recovery potential
Sales up 5%. Profitable in q4. Improving trend. Things are better than we thought perhaps. Happy with this trading update. This is a bargain vs boohoo and asos.
To register is simply completing name, mail address and password, and may be a legal requirement allowing it to send 'promotions'.
Thanks for the response. I looked at the website too and there is some good stuff on it. However I haven't seen any advertising for it anywhere and that is a concern. Also why ask people to be members? Just sell it to them and ask them to register after they've bought!!!
The recent fall from a 3 month high of 57p has been on smaller daily trading volumes than those which saw the high.? This suggest to me that there has not been a 'big' sell off, and investors who were buying at 50p+, a substantial number of them are still holding. The lack of news is a concern, however, apart from 2 rns's re: the relationship with Sports Direct, there has only been rns's of full and half year results, plus 'holding in co. rn's. The 1/2 yearly report was gloomy reading with start up ops. in USA and Korea both closed after a few months. This report also stated the group hoped to be EBITDA break even in the 2nd half of year. The ANZ operation T/O for 6 months was c£50m, and ROW was c£1M. The average spend per customer was c£50. I had a look at the UK website, easy to navigate and pay, and with lots of 'bling'. However, there appeared to be little in the way of goods that can be purchased competing with that v good business model which is Sports Direct? However SD now has access to selling it's goods on the ANZ and Asia sites.?? Since I do not live in any of countries serviced by MYS, I have no idea when searching for 'cheap' or 'branded' goods, where it appears on any search engine. Any feedback from posters welcome. Is it a good price to buy now? - probably not, since 'Chinese Whispers' would have seen significant buying volumes if UK market had 'outperformed'. There has to be significant sales volume to justify it's present market cap, but with the present business model, once profitability is reached, additional organic revenue is very much profit enhancing. With international brands, and the Eu market to be investigated, IF the UK market produced £10M revenue in the last half year, then 41p sp will be a multi-bagger in 2 years time. All in MHO of course.
Looks close to a buying opportunity
Hi ghost, these guys have been successful already in generating revenue innAustralia and NZ so it must work. I am in the update emails in UK and they are offering good prices on very good brands. I do see some sizes sold out too when I click through to deals so am expecting a good start in UK. Not sure where else I would get updates from though. Trading updates seem very sparse from them. I also take some comfort that the chairman bought £3m worth. At 70ish i believe.
I believe they are already operating in the UK. I am on their offer emails. Also I believe the next trading update is the full year results. That is currently scheduled for late Sep. Does anyone know of an update before then?
The tie up with Sportsdirect and also they've launched or about to in the UK....
Enough said
Hi Penny, sorry that last post was for another stock! I hope we will break up from here too. ASOS and Boohoo have had much better share price increases over the last few months. Clearly Mysale made past mistakes pushing too quickly into the states etc. however they have moved quickly to rectify that and close that business down. Now they are focused on their core markets and breaking into the UK. All in all I am really positive on this stock.
Hi penny. I agree. City of London's fum track the emerging market indices. In fact for the last few updates they are a few percent ahead each time. The index I believe they track is up over five percent since the last update.