Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
" It won't go for pounds Bfd, no way, it's currently sitting at 34p with a market cap of 433 million, it isn't going for pounds per share imo."
Oh dear... How on earth will Tradey's ego cope with a experinced and skilled investor having an opinion which differs from his absolute truth?
"I believe a bidder reaching 30% is obliged to offer at least the highest price THEY have paid for shares in last twelve months."
Yes, so the strategy is clear: buy throughout at a very low price, chuck a few pence on top by way of "incentive" and voila, cleaned out at 40p-ish. Extremely dangerous times.
Can someone show me in the results where all these profits are from the returned clothes? I was assured by coasty that returned clothes were going to be an unstoppable cash generator for the business. All I see is a multi million pound hit, on top of the multi million pound hit last year too. So confused.
"Are you a member of Daytrades 'Super, Secure, Always Right, Wealthy, Elite Investor Club?"
Well if it isn't our man in the orient, far from prying eyes. Failed teacher who drones on at absolutely anyone about how he lives in Singapore. No afiliations on here, just a healthy distrust of the jam tomorrow brigade.
"Given the weak share price going into the results, the SP is geared towards any upside surprise. "
Well, I would have to start with your portrayal of the share price being primed, almost coiled-spring-like, ready to explode on any positive surprise. Not credible at all. Notice how dreamy claims of imminent glory never go contested by the board pumpers.
The business is on its backside. Declining revenue in a growing market, reliance on debt, no strategy and no communications. Very, very serious decline, massive headwinds and a very uncertain future.
"That’s the 200ma resistance cleared.
It’s touched the .236fib and still rising.
Next up the 100ma resistance and just touched. Clear it and it’s onto 37.50p resistance.
Rsi,Macd and Aroon direction are all positive. "
More indicators on the chart = more profits. Roger.
Well your much-vaunted "100p by YE 2023" fell flat on its face. So back again with "250p by YE 2024", coupled with some optimistic yet stretching claims about tomorrow's results. Quite laughable to be accused of immaturity when this is the kind of rampy pie-in-the-sky twaddle being bandided about with such seriousness.
250p by year end. You heard it here second.
Don't worry if it doesn't hit that. Just add another 100p on top for the next year end. And again. And again. We'll reach a golden intersection between Happy and coasty's dream-like predictions. 650p by YE 2028.
Aw bless... these poor, confused souls still clinging to the hope that Shein will just "go away". I'm no supporter of them or their wretched tat, but I'm certainly not deluded enough to think that the commercial threat will just magically disappear.
"Hexam, John Lyttle has gone on the record stating it is profitable, a simple google search will find you the relevant articles"
John Lyttle stated that around May 2023. Nine months later (February 2024), Debenhams accounts were filed with Companies House, showing a pre-tax loss of £732k. Selective reporting of old information to deflect and distort, tradey?
So what you're trying to say is... this year's results will be the second latest of all the recent years' releases. You're welcome.
In any event, I'm glad if I played a small part in spurring them on to do the right thing and release results in a timely manner.
Really must try harder, coasty.