The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Sales remain strong despite the current environment and Tom Joule will inject the required money, cost will massively down where landlords are more than ever willing to negotiate so overall better than expected update the sp is still too cheap for the brand which in its own worth twice the market cap
“ A British mechanic turned multimillionaire entrepreneur who “dabbles” in the stock market has built up a large stake in Joules Group Plc and hinted he could even consider injecting capital to help the struggling retailer.
Richard Teatum, the owner of Stoneacre Motor Group, a network of car dealerships across England, bought a 8.9% stake in Joules, a regulatory filing revealed late Thursday. The shares rose as much as 28% on Friday on the news that this little-known investor is now the third largest shareholder in Joules which is fighting to stave off collapse.
“They’re a real cheap buy and they’re massively undervalued so I’ll continue buying them at these prices potentially,” said Teatum in a phone interview. “If they implement the turnaround plan they’ll more than survive, I think they’ll do well.”
“
Sorry thats 62% up from Friday close!
https://www.bloomberg.com/news/articles/2022-08-07/joules-says-in-talks-for-next-to-take-15-million-minority-stake#xj4y7vzkg
Thats 50% upside if no other bidders get on board!
https://www.bloomberg.com/news/articles/2022-08-07/joules-says-in-talks-for-next-to-take-15-million-minority-stake#xj4y7vzkg
50p soon after opening on Monday and creeping up to £1 in the following few sessions as other potential bidders started making their move is what I meant
Reiss turnover, net assets etc are very close to Joules, in fact Joules has a lot more current assets and more profitable over several years. The valuation should be at least what they paid for Reiss, which should bring share price around £1.30, but with a few other bidders which I think would be a better match to Joules will certainly come into play pushing the sp to its real value to over £2. I expect an opening at around 50p rising to over £1 on Monday which was the price not so long ago and oversold over last few months.. dyor and gl on Monday!
Oversold, moving up fast!
Joules takeover is no brainer for Amazon at this super cheap price as already its one if their best clothes retail shop partner.. their supply chain infrastructure would solve Joules issues and win-win!
Seems like difficult first half is over and positive announcements are coming up especially RMS is “in advance discussions with a global agriculture supplier”!
Today’s headline news:
“Covid: Masks upgrade cuts infection risk, research finds”
https://www.bbc.co.uk/news/health-57636360
RMS masks achieved EN14683 Certification and the RNS dated 22 January 2021 it was stated:
Bacterial Filtration Efficiency (BFE): this tests the filtration capacity of the mask. The P2F product achieved a 98.77%; higher than the 98% required and close to the 99% needed for FFP3 respirator.
and its fraction of the cost for FFP3!
An NHS order is not if but when!
2.6p to sell atm
It seems this will fly to over 4p very soon. GLA
https://www.arnnet.com.au/article/686034/micro-focus-on-boards-newly-launched-nextgen-singapore/
Dont sell and this will be 1000p! This share is shorted considerably, once they realise we wont sell, they will buy back quick! We only start selling after Shooting Star! Work together, Win together!
Shorters will be burned in no time!
I will raise MCRO on the Reddit forum! Time to get shorters burned here too!
Would be famtastic, worth to try, I will mention on the Reddit forum!
Paying 3.11p for £50k
Will go near 4p before close.. happy rides :)