Member Info for ajc2

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?

No. Not exactly significant debt for a £200m business. £12m cash being managed well.

And the share price is down 4.5% as we speak!

I thought the results were good. Bob Holt and Elizabeth Lake done a good job getting the business back on track. Now to focus on profitable growth. Market might wake up one day after a few more positive updates.

Agreed. The share price has rallied before results many times now. It would be nice for tomorrow's results to show the business is in a more stable position, back to steady growth and profitable. Not too much to ask?

I've been quite critical of the silence from the CEO, however considering all of the issues the business has faced in the past year or so, I think it would be a little naive to try and field questions 2 months into the job, first role as CEO, especially when they would likely be heavily focussed on past issues. Bob Holt as a seasoned pro I would have expected too and easily held his own. At least they are doing a presentation instead of just releasing results via RNS. Trying to stay positive!

We are due interims which I guess should include trading statement for Q3

Just like being in suspension. I'm sure Boohoo are kept up to date so that's all that matters to them. I notice there have been no new products released for weeks either. CEO is absent. Is the business still active??!! It's as if the business is being ran privately just for Boohoo. Interims should be due this month. Frustrating.

I have sent 6 emails to Investor relations over the last 2 months and not one response. This was always a concern when Boohoo took control of the BOD and the new CEO has zero experience running a PLC. Unfortunately private investors are of no interest to the board of directors. Disappointing but as long as they get their free share options what does it matter!

Boohoo running the company for themselves imo. All members of the board are either Boohoo or Boohoo associates. Including the CEO.

Surprised to see the share price fall this far recently. Kitwave looks to be a solid business with good long term prospects. Picked up some more shares this morning.

There was a recent interview with Bob Holt and Zeus Capital (Revolutions Nomad), and he said he is still a shareholder and positive about the business. He knows the business well so this should be a good sign, obviously he is no longer involved and who knows what current management are doing, but I'm hopeful the interims (due Nov?) should be more positive.

Yeah turned up at Boohoo's HQ by mistake!

Half expected this as soon as Boohoo got control of BOD. Should be due interim results in Novemeber. I'm guessing as there is no guidance on the corporate website. Woefully out of date.

Warpaint is still flying. All time high today. Amazes me how badly Revolution have messed this up so far in a booming market. Hope the new management prove themselves... quickly!

I've emailed Investor Relations a couple of times recently but it appears to be broken! I assume we're looking at November for Interims.

Its Boohoo's involvement that's been pulling this share down so far!

The credit facility was fully drawn but they had capital to work with and were managing this well, especially when you take into account the expansion into Walgreens and Walmart etc.

Madness. Back near the suspension price yet we've already been told Q1 generated £3.5m EBITDA and sales were ahead of internal forecasts.

She was recruited by Boohoo, likely as a puppet. Lauren does not currently have experience of running a beauty brand or PLC, which at this stage in the companies recovery is vital. Bob Holt as an experienced business operator was better placed to continue the recovery before handing over the reins. Though he was obviously too outspoken for the Boohoo chairman Mahmud Kamani's ego to handle. However Lauren has many strengths, years of beauty experience and understanding of the UK/US markets, so hopefully she quickly takes to the role of running a beauty brand and delivers on Revolutions potential.

Https://zeuscapital.co.uk/exclusives/0280497336/

Interesting Zeus Capital interview with Bob Holt here. Discusses some of the events during his time at Revolution. Still a shareholder and believes the business should do well.