Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
It would be great to see what Insights results would bring, I am very positive about the SP.
If the shift is moving towards Online that would be a big positive for the company and shareholders, I believe the main season for the company is Autumn so should see some positive momentum towards the end of the year.
Bag it up before we march towards North . Good luck it's a life changing opportunity.
All, I have been invested heavily in SDRY, my gut feeling was that when the High streets open we should see the sp going back to normal.
I am bit disappointed, as there is no news from Mgmt. Also we were trading at the likes of 160 p, now we are down to 120p.
Hope to get back to high's of 180 p and then to 2 Pound. Do we know why the price is being held at this point.
I agree and must be someone is either filling up or Marked down for shorts.
On another front i believe Brand was never popular for Masses like Primark or any other. It was built for class. Have faith it will bear it’s fruit.
I am very very positive.
I was of the opinion that once the shops open up in June, we should be hitting back the likes of 3 pound plus, looks like there is a lot of negative sentiment. Not sure for what reason the price is being suppressed.
We know the brand is loved by many and it's a premium brand compare the likes of Bohoo and ASOS. still there is so much difference in the Mkt cap is beyond my understanding.
Patience is a key, this will be back to £5 pound by Dec.
Gl All
Guys I have SP done this many times, gone from sub lows of 2-3 pounds to 10 pounds in a mater of 12-18 months. JD has got a lot of skin in the game.
We are way too under-valued, with so many events in last 2-4 weeks Staff cuts, shops re-opening, Summer on and China strategy sorted for time being. We must have quite a few things to tell the market.
We have deployed auto-robots at our distribution centre, they must be at work.
Well it's frustrating to see the SP at this level, we have now all the shops opened. We have exited the China loss making business and I hope online sales are doing good.
I was hoping we should be trading at pre-covid level around £2.50 , looks like a long journey. Hope to see some movement during the coming weeks.
Still a firm believer and hope to have a strong recovery from this point. I am still expecting a massive re-rate from this point - £5.00 + by year end.
Gl ALL
I agree with you Razoredge, I have seen this situation many time in my 15 years of investing career. sounds like doom and gloom, but it's not.
Life will be back to normal and people will start living with Covid or better if a vaccine comes out.
Anyways good luck my friend, keep up providing the good insights and hope we all will make some money.
I am in here for a long haul not quick money.
Razor, I am very certain that you will get your 2.20 and way more.
I have believe in SDRY and JD. Be assured in 6 months time we will be back to 5 pounds. This Sp back in 2018 was 10 Pounds, ask yourself what has changed.
GL All.
Good to know and hear from Horses mouth. Well not sure if the price is being suppressed bcoz MM's are helping big boys fill in or it's manipulation.
Can't seem to believe we have 135 Million Mkt cap compared to that of Bohoo - 5.3 Billion and Asos 3.6 Billion
GL All
Thank Razor for providing great insights always !!
I think in Medium to long term it's going to help them first to save the brand and second to save the cost as they were making losses. Also would mean tourist coming to Europe will be buying the merchandise from UK and Europe stores.
Not sure what is the reason for the brakes now. We should soon be getting a re-rate to the earlier levels as the price is being suppressed.
That will be a Good news for the Short to Medium term. - Not sure what the price would be -
In long term, I think once we have got the Brand back and the transformation Julian in is trying to do, we probably would be much North of today's current SP.
Well the Entire Mkt is up, not sure why our SP is held back.
Based on my analysis comparing it with ASOS and Bohoo we are way too undervalued - 150 Million Mkt cap. I won't be surprised if in next 10-15 sessions we are trading around 2.50 - 3:00 pounds. This would just be the start.
By the year end if we have good online sales and some knowledge on dividend restatement - we might be around 5 pounds plus.