Member Info for 4PetesSake

Even in the last year with all the lockdowns and people not being able to go to restaurants, Deliveroo‘s revenues have only doubled (Uet they are still loss making). That is shocking and now as the lockdown ends and restaurants reopen and people feel safer about collecting their orders, Deliveroo’s revenues will plummet. You don’t have to be a rocket scientist to realise this.

Deliveroo totally screwed up on this float. I can’t believe that they didn’t offer any free shares to their army of delivery workers or give them some kind of incentive scheme whereby they would in future receive shares in the company. None of the Deliveroo workers that I’ve spoken to recently had even heard about the IPO. If they are not going to involve their staff it it then they have really missed a trick.

I fully expected this loss making company to perform the same way as Uber Eats did after its launch and it has done just as badly. It’ll be a long time before this gets anywhere near to 390p again

We just need to be patient. Take a look at Zoetic International’s Share price. 10 months ago it was less than 5p and recently it broke 100p. And they don’t even have DB as a major investor.

Some charters even see 170p being hit this month.

However due to the IPO being 13 times oversubscribed, very few people got an amount even close to what they asked for.

If you asked for £500 worth you would have got your full allocation. However investors in the IPO only received 2.85% of any amount that you asked for over the £500 threshold. Eg. If you asked for £10,000 worth you'd have have only got £770.75 worth.

In reality, if you wanted a decent amount, then the best time to buy was earlier this week when you could have bought at about 9p per share.

Not all IPO's are so massively oversubscribed, therefore it is worth registering with Primary Bid and downloading their app so that you receive information on all IPO's and other company placings.

You could for instance have participated in the very recent Argo Blockchain placing at 200p and sold once they were transferred to your sharedealing account at around 240p - an immediate 20% profit.

Be aware that the share dealing account that you register with Primary Bid CANNOT be an ISA account, due to tax regulations.

With BT have woken from its slumbers, the weekend has come at a very good time. No doubt BT will feature in several columns this weekend leading to early buying and a quick rise on Monday morning with a slight retreat later on in the day.

An article on page 19 of last night's Evening Standard said, " BT could be the biggest winner from the Super Deduction Schems.... The Scheme means big firms that invest in infrastructure, plants and other large projects will be able to deduct £1.30 in tax for every £1 spent....Today it welcomed the move and said we are expecting to invest significant amounts of capex in plants and machinery over the next several years and to the extent this proves to be eligible for the Super Deduction it could result in a significant reduction in our corporation tax bill for our 2021/22 and 2022/23 years.

Sky always offer you a great deal to stay with them. I recently got all 11 sports channels for £15 a month. You must threaten to leave though and quote a deal offered by Virgin etc.

The late declared £626,480.00 trade at 137.50 that was made at 12.58pm would appear to be a buy as a sell of that ammount would surely have been for a lot less than the bid price, which at that time was 125p. It also caused a tick up in the SP. Perhaps we have a new II on board. Surely the trading update is not far away now.

Assuming that 5p and 6.5p were fair IPO float prices for CBX and KNB respectively, then there is currently a lot more growth potential in CBX, with it being about half the current price of KNB. I imagine that in a few weeks time the the price of both stocks will be within a few pence of each other.

Last year we had trading statements on 23rd January and 23rd April, therefore we could be due one anytime now.

I told 5 other people who I know well (who also invest in shares)about the big rise in KNB and of the likely potential for CBX to see a fairly similar rise. Amazingly not one of them bothered to participate in the CBX IPO. You can lead a horse to water but you can't make it drink.

Fineco Bank have finally executed one my last order so got in at 25p, phew. That was hard work.

IG and Fineco Bank

I have attempted a number of order today with none filled, even though my limit price has exceeded the offer price.
If you've had an order filled today, please can you give the name of your Broker.

What are you smoking, look at the graph the price has been dropping consistently from 28 to 23. People may soo be able to buy in close to 20

You need to state a price limit or you'll buy at a much higher price that you want. My buy orders at 20p and 23p made at 08.00 and soon after could be filled soon if the price keeps coming down as it is now. 22.5 at present.

LSE now have a CBX page so please post your CBX stuff over there.

This has begun far stronger that KNB which did not reach these levels until Day 2. It's virtually impossible to get an order filled though. Hardly surprising with it being 13 times oversubscribed.

This will soon be at 30p