Member Info for Bablake

Paul... yes that's my point. well spoken.

Newguy please read my post of a few moments ago... re. daughter etc.

MS record... 38% failed investments...

Abdalian
Morgan et al have never got it wrong?

Never ever shorted any stock

CEO - until recently this account was being run by somewhat immature daughter.
Ambitious and keen to proffer what she believed to be authorative, yet overheard conversations.
Dad has now taken over. Lessons being taught sir.

I think it was around 2005 that Tesco introduced home deliveries. I recall there being an expression of pessimism amongst other supermarkets... Notably, Justin King, top dog at Sainsbury at the time, said he believed the physical experience could not be matched... Costs would almost certainly outweigh any profit... "let's wait and see" he said. Certainly got that wrong didn't he?
Boohoo... great model.. low cost in all respects...cash cow by all accounts.
The problem here is, other retailers started the "let's wait and see" some years ago. Long before the curse of Covid, they were all gearing up to jump on-board. Maybe spurred on by Covid they have all ramped things up and now their models are realigned. Sadly Boo will fall out of favour... Boo are a trend, nothing more.
In terms of £'s (or if you like, $'s) Boo is an easy target for takeover but no-one would be interested.
Several new platforms are on their way. As Justin said... let's wait and see!!
£4 was the all time high for Boo... will never ever get anyway near that again, I'm sorry to say.

BoBetts, you say...
"28 - 30p? I'd take it as I'd still make money and can move on, but that would never be accepted for a number of reasons."
I, for one, would be interested in hearing what you believe those reasons to be.

City, I wish I shared your optimism. I reckon £0.28 - £0.30 is more likely. £200m for holders and a moderate chunk to debtors to elicit a favourable restructuring of debt. With that, a good return can be made.
Sincerely hope I am wrong but nothing I have seen suggests otherwise.

At least 6 months before this share gains any traction.
RNS announcing new auditor will make absolutely no difference to sp.
Any RNS regarding results will make absolutely no difference to sp.
Bobbing around in a choppy sea awaiting the arrival of a rescue boat... that boat hasn't yet been alerted.
Based on performance sp should at the very least be £7 - £10 if not more.
Will mot consider buying until I see a steady rise to £4.50

Is anyone able to explain why Melqart are still holding out with their short?

David, I did take some pleasure from seeing SG dropping their short but to be honest the price didn't give me any confidence.
If 40p was on the cards I reckon the big boys would be all over it by now.
Sincerely hope I'm wrong and living in hope with your 40p David but in all honesty (supported with hours and hours of research) I cannot see a deal above 27p. II's have no alternative in my view, I think the takeover deal will allow II's to keep hold of their investments and quite soon we will see an offering.

60 quid a day was great for me... got a better grip on things now and am averaging 70 quid a day now.
No big shakes for you guys but now targeting 100 a day.
Might work, might not.
I reckon my visual principle and research is doing fine.
Bottom line Slipperz... dont fall out with those who make a gain. That's like sitting at the roulette table and throwing your drink over the guy next to you because his number came up and not yours

with respect Slipperz, if day traders are making money, which is what we all want to do, how can you say they are morons?
Surely the morons are those who sit on an investment for months watching the sp go up and down like a yoyo
Had I sat on my relatively small initial investment and just waited for the price to rise I would pretty much be where I started.
10 months with with a bit of a loss.
By dipping in and out each day I take a profit and still maintain my position.

With out a doubt, this is the most frustrating share I have ever held.
I know it has value but it just keeps getting kicked about.
What is going on?

I have this horrible feeling that when the deal is done, and I think it will be done, it will be for 27p a share.
I hope not because I have had to buy in on the lows to lower my average which currently stands at 29p
Can't see sp going below 27p now.
Not feeling happy. Not a massive investment on my part but if this plays out I will be set back at least 2 years on my pf.

is anyone able to explain what the WP RNS actually means please?

Bought in at 36p early august.. watched it drop ever since. Bought in again last Friday at 26p.
I might stand to lose more yet again.
My thinking is this, granted I might be totally wrong (wouldn't be the first time) but my guess is that if the current proposed partnership had decided not to do a deal they would have declared their had a couple of trading days ago to settle their backers. The AA have absolutely no other route to go down. who would be party to new shares with such a huge debt?
I believe the buyout is on, albeit at a lower price than I would hope for.... 40p is my guess simply because AA have no alternative nor do their big investors. Just my thinking, nothing to support it.

Share Expert you may be right about missing getting in under 270.

Share expert, I apologise for all my over zealous posts... seemed like a madhouse and I was just sucked in. In all honestly if there are guys on this board who can share advice other than the usual madness then I am more than willing to listen