Member Info for andrew99

Hi trendz and smorrisjones, thanks for the advice and pointers, it is very much appreciated. In terms of timings, if I have timed it right, it is a complete fluke on my part. I just sold my large position in revb (too emotional to hold too much in 1 place for me) and decided to split it between 3 companies including anexo which embarassingly I had not heard of until this weekend. Fingers crossed it climbs upwards and I will read the bits you pointed me too. Cheers andy.

With a heavy heart, I have bailed. It was too stressful for me having so much money in 1 place and once I sold a third of it, it was easier to sell the rest. I have split it between an energy company, a credit hire company and a manufacturer. If revb drops a lot I will be back in, but I hope it rises (as I expect it will longer term) and I wish all the best for my super nice fellow posters in particular MEM, Hosai and Silverlight amongst many others who gave great insights and encouragement during the suspension. Oh and Neil of course who is feeding the pigeons.

Hi Everyone,

I bought in as a new holder yesterday. Can I ask people if the price is low purely because of the debt or is there something else weighing down on the price?

Cheers,

Andy

Negatives for me today was that net debt was a bit higher than I thought it would be. I think I read somewhere it was partly due to longer payment terms, higher staffing and legal costs, negative that the factory purchase is not sorted yet too. Positives are that sales are going ok, new product development spend under control and if the company grows then it should match the current over staffing. And thank goodness it’s not going into a new suspension (was not sure this morning after no rns) and the new ceo has been named. I expect a slow rise back to the 30-40p range once the dust settles.

Or to gain a lot if results are good?

I am looking forward to hearing the net debt figure and dare I dream, the words ‘above expectations’ in the trading update. Net debt was coming down and this is key to me.

Anyone brave enough to guess the price end of next week post results? I think we all got it wrong (including me) about the price after suspension was lifted.

It would be nice for the share price to start with a "3" before results come out to give us a decent change of a rise into a price starting with "4" or "5" depending on FLS.

Thanks hosai, I did not realise that.

Some good news. I posted recently how revolution lines on Walmart are up. Bh cosmetics now also on the Walmart website. 59 products and no feedback ratings yet. So perhaps all new?

I suppose it’s horses for courses. I look at the price more than the spread. I would prefer to buy at 28p on a wide spread than 32p on a tight spread. That said, it is best practice to buy on a tight spread so I totally get your point.

For any longer term holder, I dont think the spread is too frightening to put you off buying. Having it 1p more different than hoped for, makes very little difference long term. Interestingly the UK revolution site had a monsters inc coming soon banner this morning which has been taken down. The us site has a pop up too talking about it coming soon with a date in August. Walmart has been very interesting past few weeks when searching for "makeup revolution". On the walmart site, it fluctuates a lot and had been about 340-360 for ages. Then it popped up to 380 before going down to just under 300. Then these past few days it went above 400 listings for the first time, and is currently on 389. I think it would be super beneficial to revolution if walmart keep increasing their listings which they seem to be doing. Looking at "makeup elf" this has 1000+ listings so you can see there is a lot more to go at with this customer. I remain a holder hopefully for at least 2 years. Still sad about Bob leaving though - he was a class act and deserved his bonus for turning round the company in my eyes. I am looking forward to the next financial update. If the bank balance keeps going up, that is super positive to me.

I don't understand the panic here as its only down 1-2p. I can't tell everyone else what to do, but I plan not to sell or buy any more shares for another 2+ years. As long as the fundamentals look good, I will leave this to play out even if it drops more. Key for me is that trading during the quietest time of the year was profitable (post xmas) when they added a few million to the bank balance, and listings with retailers remain strong which I check every 2 weeks. Bob has put controls in place to sort out the spend, and I think someone will come in for this at some stage but not yet. If they do not, then I think that the bigger institutions will buy stakes after the results are posted and the risk of downside is minimised. I will miss Bob and he has been a star in my eyes in sorting out what was a massive mess. I also loved the fact that he would respond to emails to him and he has fully earned his bonus shares. I fully expect results to be on time this time. Anyway, going to leave this chat board for a few months I think as there is no action for me to do for the foreseeable. Good luck all fellow traders and holders.

...just a thought! Firstly, I have never taken an interest in buying boohoo shares as I dont really want shares in fast fashion so I am relying on comments made by other posters when I say that Boo Hoo have little cash and a big revolving credit facility. I am thinking that they might need to use that facility soon? I just had a thought that perhaps BooHoo would be tempted to use their share holding like a cash machine. If revb price rises, they might need/want to sell a little bit so as not to use their revolving credit facility so much and therefore make their accounts look better than they are? Pure guess work by me though.

I remember commenting a few months ago that they listed the old bh cosmetics items and the revolution man items were all new. If you now look at bh cosmetics on their website, loads of bh lines are now new!!!

Oculus to double his holding? Only pulling your leg oculus.

Hosai - love the Maths! I have resubmitted my 1/200th of the vote required this morning to go with your 1/100th.

I know its weird for people to post on here and not mention boohoo, voting or minto but I thought I would go rogue on the subject. On a listings front, just done a quick scan of revb's customers to see if they are reducing/increasing revb's lines since I last looked end May. Boohoo have loads less (=no surprise). Walmart has about 30 more, Primark 3 more, boots 11 more, superdrug 115 more (though they had been down about 50 from the previous times I looked so only about 60 more based on historic listings). So looking like deeper penetration with existing customers and I particularly like walmart listing more.

Me too! Voted against the clowns. For anyone struggling to vote in hl, there’s a link when you log in called view shareholder meetings.

Good point about Minto - I had forgotten about that date. On a side note, we are due our daily RNS! 27th June was the last time we did not have one.