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I was hoping for a nice gentle return to 13p over the next 2 to 3 months with little increases here and there, but it doesn't look like that's going in to happen given the last few days. Perhaps stop looking for now and come back in 6 months :(

Yes this has been disappointing of late and the current sp really isn't good and I don't feel particularly confident about topping up. This has always been a high risk company for holders.

That all said, this would have already gone to the wall if Satu and George were still at the helm. When we got rid of them there was someone (Suzy) who could be a credablely step in as a director. Unless there is another credable replacement I think all we can do is consider our appitite for risk and our view of the company and decide if we want to buy, sell or hold. It is worth noting that although there are 10 million Val shares out there we haven't reached the ponit of shares being issued like confetti like in the last few years of Satu and George and the number of shares in issue is increasing at a comparatively lower rate.

Good to see some positive movement today. Generally I don't like volitility like this, but it's what happens when prices are abnormally low and I am sure things will settle down again in a week or two. Fingers crossed for some nice slow steady growth soon.

Hi. Miavoce, agreed a lower price is more attractive than a higher one. The problem is the downward trending bit because tomorrow always looks like a better day to buy, i.e. no buying pressure to stop the decline or reverse it.

All I am saying is to be cautious and act on the basis of conviction and your own attitude to risk which is all anyone can expect of themselves when making an investment. It's very tempting for me to top up at these prices, but I am not blind to the prospect that there has been a sudden drop and buying at a higher price i.e. once the rot has stopped might be the less risky choice.

I think this is quite a stressful time to hold shares in SCLP. I am sure there will be some fear mongers on here as a result. I Also thin there is some legitimate reason to be concerned, this objectively a very low price, as a holder I am not doing well, but a downward trending price is not an attractive proposition to anyone wanting to make an investment. The best option now seems to be not to listen to either the nay sayers or those saying this is going to reverse soon, but to look back at the accounts and RNSs and think what is the best for you, hold, sell or buy because of your understanding of the company and not based on rumour, gossip or FOMO.

I don't think 5p is on the cards. The price has hung around 14 p for a long time. Yes it has started moving down, but I suspect this will not go much below 10p at worst and that won't happen this week or next. The decline simply seems to be the result of earlier enthusiasm wearing off rather than any real issue.

If I am honest I woukd say they don't have any time at all, but winding up a company does take a bit of time and effort. Being done by December 24 is all but a certainty. I wouldn't be surprised by December 23. Or end of summer 23.

No chance I am taking a last minute gamble on this lol.

Shame that a one time winer has fallen so hard in less than 8 years.

So there have been some big drops on PURP but I have been shocked again! my shares are worth £1.47, down from £460.

I don't think this company has a future. Not that I want this outcome. but I reckon PURP will be in liquidation by end of December 2024.

Fair point I think, sometimes you have got to just sit back and wait. Its a shame when that happens, but I'd sooner wait for some serious news than a load of empty headline grapping stuff, because people will end up ignoring something import if we swamp media in nonsense.

The real pain in this lull period is the nonsense with the spread 10%!! when the SP has either been up or do down 1-2%. That sort of spread makes shares illiquid or attracts the gamblers, neither is good. Hopefully things will get better next week.

Yes it's all bit of shame.
7-8 years ago this was riding high. I only put in 500 but now I would loose more than the residue value

It all seemed to go wrong expending overseas.

If shareholders really think that directors are running the company into the ground, maybe it's time to start building a group to oust the directors in the next agm.

Wow, looks like we are out of the doldrums! But not sure what's caused this jump. Let's hope we continue upwards :)

Not sure what's happening on this board today, perhaps it's just time to chill.
Broadly I am happy at the moment, the only thing annoying me is that the sp is yo-yoing at the moment.
I am happy to just sit back and wait it out.

Interesting and unexpected gap up this morning.
No RNS. Perhaps SCLP has just been oversold?
Only fly in the ointment is spread being a high percentage of the rise, but maybe we reached bottom weds /Thurs this week?

Oh dear what a sad state of affairs I traded this a number of years back and made a small profit at the hight of market.
Thinking this was a winner, I brought back in at a lower price (thankfully a Lower stake) and then it crashed and seemed to hover around the £1 value for years.
Today after furher collapses, here we are at not even 8p.
Not even enough value to pay for my transaction fees for selling!
Hopefully this is not the end for purple bricks, but it does look the company has crumbed in less than 10 years
I think the issue has been misguided expansion into the US and Australia.

strictly the price should drop tomorrow because the money for dividends is committed tomorrow and this is the normal run of things.
That said I think if you take the punt there will be a rise tomorrow because of the ex-div date, I think that anyone buying will not get a good return if they try to make the ex-div date. The better play would be to wait, buy share sometime after the ex-div date and get more bang for your buck for the next dividend payment. The only thing to consider is that final and interim divs are not the same. But if you are are buyingh for the divs you are not going to worry about missing one div payment.

I wouldn't panic, yes the result today is below the 200dma, but so what looks like a top up opportunity. I am going to wait and see. If it goes as low as 10p I will fill my boots.

This is why I keep an eye on the spread. Circa 3% isn't great, but far from abnormal for AIM listed companies. Its not so high as to put buyers off because of the initial hit. I don't like it when the spread is greater than actual sp movement because you can't get a feel for which way things are going.
That said the choice to buy a company like SCLP should be made on an understanding of the company and having an idea as to valuing the company. Good luck fellow holders.

Good to see some good discussion on here.
At the moment the only fly in the ointment seems to be the spread. At 5% it's big enough to put buyers off and that could drag the price Lower.
I don't want to see SCLP slip any furher, I am thinking of topping up and I think this is a pretty good buy in price. But a 5% spread is a big upfront hit and its putting me off a bit

SSE

I've held SCLP since 2012. quite used to periodic spikes in prices. Nice to see we have been in the mid to high 20s for some time now. Yes its has been higher than this, but basically I am happy to see SCLP hold value rather at the moment rather than end up as a momentum trap. Lets hope we can hold on to this value and sustainably grow during 2023!