Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
News to watch out for:
Has the £1 million spent on French TV campaign (weighted in H1) generated expected revenue and outlook.
Launch of CBD oil and marketing boost from launch etc.
Have UK and ROI sales for July and August weakened or strengthened?
Cash position.
General outlook.
You've only to look at emma sleep to see growth potential across Europe.
There's clearly demand.
At current revenues, eve will see significant revenue uplift if they can tap into French market. Time will tell. Early guidance should be evident before year end - hopefully some forward clarity reference to success of France TV campaign next week.
£1 million spend on French TV campaign was weighted to H1 figures which contributed to cash at bank reduction.
Benefits of this spend will be seen during H2.
CEO claimed France response was encouraging. Expect further clarity next Thursday.
Also, as highlighted on this forum, UK website visitors substancially increased July and August.
Stock levels appear to be OK.
Some delay with UK deliveries (similar to most deliver-to-door services at present) not due to stock; rather UK logistics.
Expecting cash @ bank to balance out before year end - reflecting the above.
DYOR.
"Demand was particularly strong for eve's hybrid mattress range and premium bed frames, with accessories such as the morphee sleep aid and the weighted blanket, and add-ons such as the temperature balancing protector driving materially higher basket values."
Eve have previously mentioned this sleep aid as being one pf several items very popular with customers and key in increasing value of cart at checkout.
..actually -- current SP is silly.
AND, the business walked its way through the pandemic period 2020 with absolute ease :)
What caught my attention was 25 million annual revenues with 50 to 60 percent gross profit.
A market cap of 10 million with 5 million in the bank.
Restructured. No debt. Growing revenues. Profitability in clear sight.
I'm surprised someone isn't sniffing around to scoop up eve - merge costs into existing business.
IMO, this would still be a steal @ 6.8 to 7.2p
eve is a good example of a share price not reflecting the underlying business. IMO, current share price does not reflect fair value.
Just as Darren Clarke has gained sales traction selling branded CBD oils to golfers [formulated by Sana] - since July 2021. I expect eve will gain significant sales tractiion with their CBD oils targeted towards sleep wellbeing, a space they command.
Customers purchasing eve's CBD oil are more likely to see the brand as the goto company for sleep wellbeing - and hence a serious consideration for their next mattress purchase.
Nice addition to product range and direct root to engaging with new customers.
Media:
The emerging excitement around plant-based wellness, paired with the fact that the CBD market is tipped to be one of the leading growth categories for wellness in 2021 means that more than ever, consumers are turning their attention to the benefits of cannabis. eve sleep’s new CBD range which consists of oil drops will incorporate two CBD infused extracts, both renowned for aiding relaxation.
With research commissioned by eve sleep revealing that nearly one in four UK adults admit that their quality of sleep is worse than ever as they are kept up by worries and the change in their routine, it’s no surprise that 27% of consumers feel lethargic and 23% feel sleepy from the moment they wake up.
... research uncovered that the nation is struggling to switch off as 27% of the UK’s population are glued to their screens closer to bedtime, with a further 20% reading the news before bed, preventing them from winding down for sleep.
The emerging excitement around plant-based wellness, paired with the fact that the CBD market is tipped to be one of the leading growth categories for wellness in 2021 means that more than ever, consumers are turning their attention to the benefits of cannabis. eve sleep’s new CBD range which consists of oil drops will incorporate two CBD infused extracts, both renowned for aiding relaxation.
Yes, plenty of upside.
Lots for GFIN team to get their teeth into here.
20s coming back?
If so, who will be buying?
Nice to see recent rise plus buys entering @ 5.9p
Optimistic on RDT.
A tad more volume coming through today.
Some buyers nibbling around 35.10
Good.
Buy @ 35.14
Money waiting to enter on the sidelines?
Or, investors spooked if price drops low 34s
All very interesting.
One thing we can agree on: when SP moves upwards it moves at a decent rate (and without warning).
Thanks for info.
Does anyone know where shareholders can view next Wednesday's presentation?
Thks.