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Great day
Will we beat yesterday's sixteen trades ? Best of All
29p paid. Hopefully good tidings are winging their way towards Us Best of All
Will be good news for the next few weeks. Best of All
Up she goes. Plenty of nice buys and good news soon . Best of All
Ask 29 Bid 24p Well played MM Best of All
If the BOD could start with some good news . Best of All
Following the decision to focus its US resources in the mid-west and south-eastern states, the operating costs in the US have been reduced. The operating cost reduction coupled with £0.1m increase in revenues has reduced the operating loss in the territory from £0.89m to £0.76m. The impact of the cost reduction in the US will be more significant in the second half of the financial year ending 30 September 2018 compared to the second half of the financial year ended 30 September 2017
We are continuing to explore options that will enable the Group to capitalise on the investment that has already been made in the US whilst at the same time reducing the continuing cash burn in this territory.
It’s over 2 years since the USA launch and only 6,000 pets are on plan there. So the question is, How likely is it that news from there will make these shares rocket anytime soon? This is a guess, but for example, if PVG have spent £3m over there every pet currently on plan will have cost £500. Yes this figure will likely come down but will it fall far enough and quickly enough? Not on this evidence in my opinion.
Well finally the delayed update came. Revenues increasing yes, but profits are stagnant with a probable fund raise later this year. I can see better opportunities elsewhere for now so am out at a loss. As you say master36 any positive news then this will fly but at present this doesn’t look to be happening anytime soon. Good luck to all those holding on.
i do think they should only focus on european business as european side is doing great also i'm greatful i bought in at 30p level not over 100p at least their european side is progressing well we knew the US side is having a hard time hence the reason for the massive drop in sp one positive news regarding US operation and this wil fly i'm holding onto it
Burning through cash in the USA. For every employee there it works out that they are signing up only seven or eight pet plans a day on average. Apparently the losses over there are going to reduce to hefty from stonking later this year. Also the loan they are taking on from their main shareholder is not cheap. All the good work here and in Holland is being wasted on a vanity project in my opinion and I would not be surprised if this goes below 20p.
Last year interim was in May. Well over due now
Hopefully some news soon
Been watching this share for nearly a year now since it fell from 160p, think some progress on recovery has been made but still a big question over the USA, however that said might be time for a small investment at this price level as see more upside potential than down over the next 12 months. GLA..
Dabbler1 and all, managed to speak with someone in the relations team and they are looking to put something out next week Informing of an update due beginning of June. Vague I know but hopefully we’ll know more next week......
No, obviously I’m surprised that we haven’t heard anything recently. I’m cautious here because I still think we could be running at a hefty loss in the USA.
No update yet, I emailed the company over the weekend about when the next update is due but no response yet. Anyone any ideas?
Due in the morning. Will be interesting to see how much cash has been burnt in the USA since Christmas. If that business is finally showing good growth these could rocket tomorrow, but if not ??
If it breaks 40p I would say yes
I like the look of this. 2k in, let's see
Could it be our time is here ? Best of All
https://youtu.be/X7rhovBK_eA great price agree could easily double FoX
Hopefully buyer should start buying now before the next update.if it's good it could easily double