Member Info for Brightstone

Released after market close on a Friday and with a material uncertainty on going concern. Not good.

''In the reasonable and plausible downturn scenario where revenue growth is 25% or below, the Group's ability to fund its operations within current resources will be impacted and further funding will be required which is not guaranteed, this will have a direct impact on the Company's going concern and as a result a material uncertainty exists, which may cast significant doubt about the Group and Company's ability to continue as going concern and therefore they may be unable to realise their assets and discharge their liabilities in the normal course of business.''

Is there a telegram group? Link?

Ouch!

Revenue down

Gross profit down

Profit switched to a loss

£0.6m decrease in cash

Cash at end of period of just £7k

More jam tomorrow. Doesn't justify a share price at a 7 year high. Tin hats today.

Like for like growth was 1.8%. So there was some growth without new stores but not much.

Looking decent value now though.