Member Info for Beamer21

Krok,

I can’t see why they would however they may postpone the delivery of the upcoming VAS CPR

Do you think Pinchuk will make a move now? Is he wanting Regal due to the fact that he’s right next door and can benefit from economies of scale etc extending his control of a very large part of this important basin?

Sadly, this is a company operating admist the tempestuous Ukraine political landscape and today’s actions are not that unusual

on many fronts but particularly as the VAS field is due to issue a new reserves/CPR soon

it out otherwise they suspend 20% of their production

but from memory this is trading at x 2 cash at this price - ridiculous

few minutes

that an institution might seek a block trade to exit/enter rather than through the market

I can see that it’s a solid business that has been managed conservatively over the years - personally a turnaround should be quite simple as this is a business with exceptional online presence driving solid sales and growth therefore obviously the primary focus should be reviewing the weak leak that is dragging down their online performance - its not rocket science

Sensibly they have a fair few concessions that have limited liability but they have increased their stand alone stores although they have limited their long term exposure by negotiating short term leases where possible - can’t see it’s necessary to have 71 stores and 169 concessions - BooHoo have zero stores

Simples - review the physical estate (standalone stores/concessions) review third party relationships to boost sales and finally keep doing what they’re doing as their active online customer base continues to grow rapidly so customers obviously like the product

They’ve recently launched their largest occasionwear collection LA Luxe which should do well as we approach the prom season, weddings etc - this is where they are at their best

Approx £9m net cash

Looks good to me

Today’s posts linked to Krok have disappeared

At the right price stores could be divested

Could this potentially be a takeover target for someone like BooHoo

it is easy to manipulate and distort the price action in either direction - a single A trade can alter the overriding sp dramatically

And why would RPT not proceed with the VAS reserves update?

but it's an opportunity for those willing to wait for larger gains that should materialise in the not too distant future

No rinse and repeat here, much more strategic games appear to be in play

Some short term traders along for the ride but mostly held by investors with a longer term view

Some large delayed trades appeared this evening

it seems possible that we have an entity with DMA that is sitting on both sides of the book to keep the sp suppressed or at least range bound and give the appearance of a seller hence unnerving pi's

Thoughts anyone?

repeat - maybe sit tight for the next rise rather than sell at a loss

remain on 28.652% as notified to the market on 27th Feb

No other notifications have been received and it has never been a secret that Pinchuk wants to move in with his next door neighbour

First round of online block auctions complete today

Care to comment?

BDT tweeted 4 days ago that after tax and capex, cash flows are more than x2 the current cap (10% discount built in) and that's just for the MX and SV fields - plus he excluded the cash balance last reported at $53.3m

Long way to go to achieve fair value

are amazed that this is subject to such ebb and flow - we still have a seller who needs to fully clear and until they do there will be a few ups and downs which is all normal market play

It's the sellers that have brought this opportunity to the masses