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Needs a rocket, rather than a fire. It's just bimbling at the moment.
Https://www.retailgazette.co.uk/blog/2024/01/boots-record-black-friday/
2 years ago when not suspended there was an update on the 26th January.
What makes you think February?
And what do you interpret as "early in the new Year" for the CEO's new strategy presentation?
I personally think from now to feb when next interim results come out we will be a lot higher then we are now
Any idea when the capital markets event is likely to be? We could really do with positive news to light a fire under the share price.
100% agree, some excellent marketing, appointments and partnership working published from RevB on LinkedIn. Real shame some of this news etc isn't better communicated to SH's.
Shame news like this ain’t released to the market
Perfect news
Https://www.retail-week.com/health-and-beauty/revolution-beauty-hires-new-boss-to-head-north-america-expansion/7045225.article
Promising appointment.
Clearly someone wants this Company
If the SP continues to hover down here it's very likely someone will be taking a large bite. Another decent set of results in February and it has to rerate. Can only wait and watch it play out but all external signs are looking good.
The chief risk is that the company is taken private and boohoo mop up.
None of your beliefs or trades are important as long as REVB can keep turning out the numbers. No matter wether it's Minto, Allsworth, or Kamani at the helm, accounting issues are behind us and they all want the company to grow and do well. REVB has award winning products gaining popularity and sales across the globe, that's the very reason BOO are interested.
It's the most undervalued beauty product supplier on the planet with huge potential for growth but if you want to find reasons to sell up fill your boots.
One of the highest potential shares available, I'm buying as much as I can get at these prices.
If in doubt reread their last RNS and take a look at the valuations of their competition.
Good luck all.
I think Lake leaving will also be as a result of the negotiations with Minto and Allsworth. Minto at least voted against her at the AGM. Boohoo have had opportunities to remove her but didn't so I think this will be a mutual agreement. She has done well and been rewarded.
I still believe Minto is trying to negotiate a future role at the business, which I dont believe is in REVBs best interest. FCA would likely agree. Disappointing REVB is now controlled by Boohoo, and to some extent Minto and Allsworth. But as Lake has stated, the business is profitable.
I sold down some shares yesterday morning as I wasn't happy with the settlement agreement
and to derisk / re -balance the portfolio, but still believe the business has much potential, if everything is genuine.
Keep it simple.
BOO need REVB to grow and flourish more than anyone.
Last set of results smashed it given the economic backdrop and showed where this is heading
Elizabeth lake has accomplished the task of turning REVB around and putting it on solid footing as she was employed to do and happy to move on to her next challenge.
Another good set of results and no dramas here should see the SP climb toward fair value so doubling should be easily achievable.
For all the reasons stated by APT and the appointment of a turnaround advisor from A&M I exited today . Agreed too many red flags and not enough comms of the right sort with s/h for too long
Boo appointed CEO, Ex Boo CFO, wondering if unwrtten part of settlement will see TA side with Boo to take this over. Smells a lot, but MOO. Would not be surprised to see this join BH stable.
Did BOO grab more at the end of the day today?
TA must be a far better negotiator than Boohoo!
Struggling to make sense of this Settlement agreement and how we've gone from overpaying for Medichem to paying their legal fees? Plus the new revised payment terms means it could take 14 years before TA gets the full balance based on current numbers!!! Unless there is a takeover...
So the very positive last set of results are long forgotten already?
What price are you ardent red flag wavers hoping to buy in and start hoisting your green flags?
Yes, lots of red flags! Can see SP down to sub 20p in due course. FCA will be a big fine.
Some red flags here that I think investors need to be aware of (just my humble opinion):
This is now a company indirectly controlled by Boohoo. Management will say different, but Boohoo old guard running the show, with Boohoo itself the largest shareholder = Boohoo indirect control. Will the company going forward be run in the best interests of shareholders, or Boohoo. Red Flag.
There is an FCA fine coming. That is a fact. We do not know how much. 1H 2024 is the likely timeframe. This will impact cash. Red Flag
The company has not secured an extension to its RCF. With a new CFO in place in Jan, do we need to be a little concerned? Yes we do. Without the extension there is not enough cash to run this business. Red Flag
Look at the size of the accruals on the BS. Large, very large ~£25m. This was ~£21 in Aug 2022. Red Flag.
The departure of the CFO, like many, I expected. However I would have hoped it would have been after FY (which is in Feb). Why now? The history of this company is not great. I personally do not feel comfortable that the only 'independent' senior is going. Elizabeth was not ex boohoo and as shareholders that is what was needed. Red Flag
Too much control by one party is not a good thing. EVER.
Just shaking the tree
*job*