Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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News about to land..?
Should never have dropped post results - so more of the same.
Never complain at a rising share price!!
Has anyone any info?
Very glad to see it move in a forward direction.
Certainly has. Consolidation period over. Expect another run over 30p. Will be interesting to see what happens then but I like the speed this moves at!!
I can’t see any low twenty’s anymore coming
Couldn’t be held down at these levels for much longer
Has the beast awoken?
So appears Pentwater has increased from circa 19.3m to 28m shares but reporting been a bit delayed 🤔
Agreed, and for those reasons it's well documented that the demise of the LSE is well underway.
I sometimes wonder how much companies are bothered about the SP and therefore implied company valuation. Once a company is floated - usually at a much higher SP and capitalisation - unless they need to raise funds again, do they just accept that the market will do what it wants with the SP. There are many companies whose market cap would seem to be way off compared to performance. We’ve seen it last week where Mars have valued Hotel Chocolat not on the basis of the SP but clearly on other factors which has led to a takeover proposal significantly higher than the market cap derived from a depressed SP.
Seems to be the case that LSE is becoming recognised as being noted for low company valuations which is why talk is of more companies looking at listing elsewhere. Whilst city traders may get rich from playing company SP’s to the downside it may well come at a cost when the LSE is seen as a third rate market.
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.