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Indeed very good progress but accompanied by the usual sh #t show of dropping the price. Hence why everybody just switches off and volumes tail off to a trickle.
Should be much higher but we are where we are.
Keep seeing some cryptic posts on Mintos instagram i.e 'next 10 years loading', get a feeling something maybe happening.. launching a new brand possibly? What happened to the legal action by Revolution?
Very disappointing the result didn’t send the share price higher. Before the recent gains it had been in steady decline on really low volume.
SP up 23% over the month with a very good set of results in-between, prognosis for the future positive too.
I think it is very unlikely this will revisit the low 20's. They have just had a profit upgrade. It's a strange market for small caps generally so wtfdik.But more likely is a consolidation then move up. Especially since the beauty sector is liked by the markets.
If only everything went our own way 🤔
I’d rather wait for the low 20’s again before dipping in again
This is just a consolidation period after a significant rise off the 20p lows. The company is heading in the right direction but we all know more work is needed. I expect a steady rise to over 30p in the next 6 months. There's always the chance of a bidder emerging, now that the company has been stabilised. With a strong USD, I wouldn't be surprised to see one emerging from over the pond.
OSG, with you on most of that apart from how much control do you think the market has on a share that's only had 18 small trades over a two hour period? Yes they have some and it would usually be done with the spread but in this case the spread isn't too bad, there just isn't enough buyers or interest, they need to up their profile to the right people with regular healthy communications through official channels.
Spk999 its handy to know that and probably worth posting anything relevant on here just to keep everyone abreast of whats happening and particularly if it is expansion, sales or new product related. @THG do similar and it's proven a good source for non RNS'able material.
PS I think the market makers are having a laugh with the share price after the excellent update the other day. They are shooting themselves in the foot for it is the surest fire way to absolutely kill the volume and their own living. Why on earth anyone would list on the Aim market is completely beyond me.
Whilst investor information from the company is somewhat scarce, take a look at Revb on LinkedIn. Here the company is sharing quite a lot of information, from photo shoots to award winners in many categories. Worth keeping an eye on.
FYI DYOR
No. Not exactly significant debt for a £200m business. £12m cash being managed well.
No concerns about their debt?
Totally agree, now is the time to be buying more before the masses catch on, looks like SP was having a small support test before the next leg up 🤞
You're not wrong in how you interpreted the results. They were good and the upped guidance says there smore to come.
Its an Aim stock, so forget the fundamentals and it looks like it's back to robbing the share price to feed the vultures.
I certainly wouldn't be selling off the back of yesterdays updating.
And the share price is down 4.5% as we speak!
I thought the results were good. Bob Holt and Elizabeth Lake done a good job getting the business back on track. Now to focus on profitable growth. Market might wake up one day after a few more positive updates.
Hard to believe that REVB actually Upped it's Guidance yesterday.
That's actually with the benefit of knowing what's presently happening. Interim results were to the 31st August, so September , October and Half of November are already in the bag and then you have the Black Friday and Festive season shortly to be upon us.
OSG, sorry I thought I'd explained it in a way that was easy to understand, it looks like UBS have simply moved shares between accounts and added some, they are now all held by their London Branch according to the RNS'S
Has anybody got even the foggiest clue what UBS have been up to. Hold some, Sell the lot, Hold them again, Up it slightly. I think I'm going to called it pendulum investing. back and forth, back and forth.
I can't remember the volumes behind any of these changing position RNS's going through on any of the given dates and just one other point I thought that with RNS's they had to be released in a timely manner and within 3 days of crossing thresholds, albeit with a little slippage for the likes of weekends and public holidays. Some of these RNS's are nearly 2 weeks old. Might just double check the year!!
Disappointed it finished slightly down and particularly with wider markets in positive mode.
Sorry, yes correction, increase was 03/11
I read it as 3rd Nov - so fairly recent. Not too sure what they’re up to though as they moved holding around only a couple of weeks ago.
And there's nothing "just now" about it, they increased on 03/10/23 👍
Glowacki, I don't think that was their reasoning, look at the daily prices, it's just been a reshuffle between branches/accounts I think.
They sold their 5% holding,then bought it back at lower price,and just now increased their holding to 6.3%
UBS London branch now holds total of
19,304 071 shares.
Hope that's clear.