The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Why is anyone expecting a trading update soon.
In September 2019 they will give preliminary results for the year ended 31 march 2019.
Funding is the most important thing on the horizon.
Any competent CFO will every morning interrogate the website and have immediate access to the previous days turnover together with the cost of sales, which will give the gross profit.
The number of transactions will also be known and its then easy to calculate the shipping costs.
If there was good news , without giving full details the BOD would reassure us, the independent investor.
I am fully committed to this investment but like others am becoming increasingly disillusioned with the way we are being treated.
Specialising in mergers and acquisitions.
Have they got the money.
See there selling a tranche of family held shares,
Would you appoint your son a director of a company if you weren't confident that it would be a success.
The RNS is welcome news, nothing in it a surprise, although note comment regarding current margins.
Can't buy at the moment.
The next 6 months update will be the most important yet.
Trump rubbishes anything not in the USA's interest.
So on balance it must be in our interest.
Personally can't see anything wrong in the deal negotiated by T May,
Trump rubbishes anything not in the USA's interest.
So on balance it must be in our interest.
Personally can't see anything wrong in the deal negotiated by T May,
Good research.
I have examined all the available financial statements and charted the directors shareholdings and share options, and the significant shareholders.
I have read every RNS and cross referenced them back to the accounts.
The name of the game is patience.
My only concern is that there may be an unsolicited takeover bid, at a low price, i.e. about 15p,
I too topped up with 50,000 this morning @ 8.88.
Shows as a sell
Personally i think T May has done a good job in a difficult situation.she's been shafted by old etonians , back benchers and corbyn.
the deal is fine, free movement of goods no ECJ and taking back control of our borders, just what the majority voted for.
Amazon is not always a good company to deal with.
There are very high charges which seriously eat into the profit margin.
Also they will not disclose the identity of the purchaser so they have access to your clients details but you do not.
They can then target your clients with there products.
Olliebee, my thoughts exactly, poor results to 30th September.
In for the long term so quite prepared to wait a year or so.
Too many day traders gambling on short term movements.
Who else is a member,
Together we may have a voice
Just bought 2 x 50000 @ 10.30
Can't believe these prices.
50,000 I can sell but can't buy
So the BoD is slowly completing the legal requirements following the issue of new shares.
I would think that they are also working with FLF on organising the implementation of an offline strategy. Amazon and Walmart are adopting the same policy.
It will take months to achieve this and see the substantial increase in sales that is required, only then will the share price rise. When it does it could be meteoric. Here's hoping
They are not going to release sensitive information that will increase the share price and cost FLFL more to buy the rest of the shares.
The market is being manipulated, accept this , sit back and enjoy the ride.
The directors have invested heavily, follow their example, I have.
I too noted the changes made to the agreement.
Clearly benefits Koovs, and indicates a stronger position when negotiating.
News exactly as expected,
No news about future plans, but would not expect the BOD to comment now.
The share options granted let alone the boards already significant investment, indicates a real incentive to succeed, I'm happy to tuck away for a year or two.
Same strategy has worked well with GBG, 50% in the last two years.
Just topped up 50,000@ 12p