Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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So, where will it close?
I still think there will be a 3 at the front.
Looks like a few were caught out on that spike, so no doubt some of them will panic sell now it’s not carried on rising as they’d hoped.
I was super bullish when Bob was running the show, since then we’ve now got a leader that needs to prove herself worthy. There’s been a lot of silence recent which makes investors nervous.
We don’t know what the founders are planning behind the scenes, they’re obviously not happy given what Bob had to say in his interview after leaving Revb.
Revb could be in for a large fine from the fca once their investigation is complete.
All things that make this a risk to invest comfortably atm imo
I’m liking the update and have topped up again
But s/h comms have been very poor of late and need to improve to rebuild confidence completely
Just bought more, could not resist.
Anyway, my purchase is showing as a sale??
Also need to factor in that they are effectively guiding to an EBITDA loss for the second half. That may spook some.
HH, how can you possibly justify comparing this with BOO and ASOS?
It reads to me like they are smashing it so surprised by the subdued response this morning. Lots of people will be breathing a sigh of relief after the period of silence we've had. Onwards and upwards. I won't be selling anytime soon.
That doesn't add up Bladey, people could have got out at 36p if they wanted to .. anyway its a hold and at least the worry is gone.
Sentiment is due to individual results generally, what you get a cracker like that its not reflective of other businesses - look at warpaint. Beauty is also far removed from fast fashion.
Don't forget those who've been holding from the lows...waiting, wanting to exit for over a year!
HersHoping - but what about the drop from 36p to 21p on nothing? This cant be priced less than the poor results previously!
There’ll still be plenty of folk like me who are sitting on the sidelines awaiting the result of the regulatory investigation. Once that’s put to bed then onwards and upwards
Agreed on the reaction.
Pathetic initial reaction
In auction
Pre market 31p ...
This two figures are stand out:
o Rest of the world stores revenue up 58%, with growth primarily due to weak H1 23 comparative revenue in Germany and Turkey.
o Distributer revenue grew 65% primarily due to weak prior year comparatives related to overstocking, and new distribution in Middle East.
Very impressive presentation - good clarity whilst being concise.
Still question marks over some of the legacy issue but they are too complex to cover.
Its more than should, the industry standard in 10-15x ebitda and for a growth company its much higher. At a simple base level bare minimum 15m ebit is £150m mc no arguments, So double the SP.
Last time we hit 38p this should go much higher this is worth minimum 50p plus.
All very positive. More than happy with these figures. Hopefully the market agrees.
I agree Silverlight this share should be way higher.
Before I was concerned about Boohoos involvement. That has now eased. Great set of results.
Wow what a turnaround! EBITDA, up £14.3m - smashing it! That’s worth at least 60p on a x 10 multiple. more like 80-£1 in reality.
Nothing to be concerned about in those results. Perfect!! These results show that that the 35% increase in shares was fully justified. Will be surprised if we are not in the 30's very soon.
Where will it open
Where will it close
Smashing set of interims