Likewise Grp Share Price (LIKE)

Agreed - Likewise can’t lose against Headlam currently. Their approach to the market is changing and bolstering our position with the trade.

Watch out for an RNS on Monday from Headlam announcing huge share packages for Chris Payne and others. At the same time all of their representatives are being hauled into head office, whereby rumour has it 35 will lose their jobs.

I am as sure as I can be. Assets backing up the balance sheet is also helping sleeping at night while waiting. I think quite a few flooring retailers jumped into the shares at the beginning who knew the team but not so much the stock market and have grown impatient/fearful and pulled out. All I can say is I am great full to be buying at these levels and can't wait for that dividend to grow.

Thanks for your thoughts William..

As far as I’m concerned, Likewise are an absolute no brainer for making a success of it. Having worked for AJB previously and now putting most of my business their way, I’m doing all I can to help in any way possible.

This coupled with Headlam being run by clowns puts us in good stead and over time it’ll bear fruit hopefully

Perfectly reasonable question. A few things I would say.

Many don't like newly listed companies until they can see a good few years " clean listed results "

Few people will of heard of Likewise let alone know what makes them so good.

Headlam group which is the only comparison has performed awfully lately so people might think it's the trade not Headlam that is so bad.

Likewise has been growing aggressively to reach £200m turnover so reinvesting in growth instead of concentrating on paying out. I think Scotland division last comment allowed for expansion in warehouse of 90%.

I believe it is just a matter of time before market catches up and that is why this remains my largest holding.

Can somebody shed light on this please because I’ve no idea how or why this is happening but I assume some of you will?

I’m talking generally here. I’m not talking about specific dates or specific share prices just in general but the question is - how can a company Start with a share price of 20p, achieve several short term objectives, grow in size and in Profitability and 5 years later have a share price of 16p - How on earth is this possible?

I’ve wondered for ages how a company can be on the up but the share price on the way down at the same time. It makes absolutely no sense to me?

It begs the question to my mind, What does the company have to do to get a share price of 50p for instance? If they are doing everything right at the moment and are clearly on the right path while the share price is going backwards what do they need to do to get the share price moving forwards?

I don’t know if this is a common occurrence or not or Whether I’m just jinxed? Any insight or opinions would be appreciated 👍