Member Info for BTFATH1

Business now valued at 12 million taking into consideration the 8 million in cash. If you think 12 million is a sensible valuation for this company you must be off your rocker:-)

No debt
Instagram followers over the half a million mark
Constant new lines
Closing loss making stores
Online online online
Directors could take this out at anytime or another fashion brand
Cost cutting exercise underway and a market cap of 20 million versus 2.5 billion of boohoo.

Low volume has taken this down today off the back of ASOS just farcical how low this mc is

It is close sub £1 tomorrow before a sustained upturn imo

Agreed the entire company is valued around 13 million excluding cash. Just perplexed it is still at this level it should be 25p plus

At circa 94-98p if it gets there. The board directors are completely incompetent but it offers good value around this level

British company goes this way. The writing was on the wall a year ago but I find it very hard to grasp how these directors just sit back and watch and wait until the last minute and do not implement the necessary steps much much earlier.

How on earth is this holding 10p that rns screams 1-2p

Won’t be here for long this market cap offers outstanding value. 18.95p on the offer

On low volume bid and offer rising all the time. 13 million valuation excluding cash - really how come so few are not cotton on to this bonkers market cap valuation.

I keep on accumulating and have nearly 75% of my portfolio in here.

Are quiet, I still believe in this company and think it represents great value in the medium term but it will hover around 95-1.20 level for a while. With so many shares in circulation the board have absolutely destroyed the sp.

In my opinion they could not have performed any worse if they had tried and could not care less about long term shareholders. Let’s hope they can now move on and run the business as it should have been.

Is a joke why are they deterring peeps from buying. 17.25p to sell and 18.7 to buy - madness

Will have another dabble at £1 ish not that comfortable investing too much with these idiots st the helm

I hope you are well? I am so sorry I am going to have to pass tonight as my wife is working unexpectedly.
I will message you over the weekend with some dates for next week.

The strong buy was a joke :-)

I would not get your hopes up they are completely incompetent. £1.50 to £2 assumptions are way way off the mark, this will drift around the £1 level before the rises begin.

Trust takes a while to build back up and guys could not have screwed it anymore and fundamentally it’s a sound business - not easy to do :-)

Is the target market, I do the same polls with my cousins and their friends :-)

Apologies for ranting but I just appreciate open and honest communication, many of us bought in at £4 £3 and £2 believing that this was stupidly undervalued with the info we were being fed. £9 to £1 we have a right to question their behaviour. This company has so much going for it and yes I am only £714 down but this should be sitting at £5 plus had they dealt with this effectively and been honest from the get go. Why wait for the sp to be decimated from £4 to £1 #jokers

Set a buy at 95.5

Did not tell the whole story, the final results are a horror story what were they thinking increasing net debt from 17 million to ruddy 94 million a placement at £1 and under emphasising the true extent of the HMRC issues.

The trading for the business in 2018 was a great the management on the other hand could not run a loss up in a brewery

Now 2.6 billion meanwhile 6,000 shares traded and a market cap of 20 million wtaf :-)

When are peeps going to cotton on here as to this ridiculous valuation

Buying at this level just perplexing

The third screwing by the directors in a month £13 to £1 take a bow they should give all their salaries back.
Glad I exited at 1.47 yesterday these guys are shameful.

45 million including costs - double the amount of shares and people are still buying?? might have a dabble at sub 95p.
This is the only stock that I have been done over with in the last 2 years and they have a great business. The directors have not in my opinion been open and honest with the trail of rns’s.

Yes just been on the website again and all the collections particularly the new collections seem to be flying.
When you hover over the item it shoes you how many are added to the basket today and I counted tons which had at least 40 plus and some as much as 200.

Online online online and clever marketing this company I feel will make some a very tidy sum in the medium term if they invested sub 40p.

I reckon another trading update is due by early July bring on the two weeks of sunshine and sizzling temperatures for our enjoyment and quiz’s turnover