Member Info for camo1997

So legal dispute settled?
They had £29.8m provisioned.
Total fee was 49.8m
So ~20m off their reported equity of 461.9 reported 27 August 2022?
So still book value per share of ~95p?

some more chat here: https://uk.advfn.com/cmn/fbb/thread.php3?id=3770328

And talking about other companies.
ASOS YTD: -77.11%!
BooHoo YTD: -67.59
And from across the pond
Nike YTD: -46.85%
And Euro
Addidas YTD: -57.45%

I mean, this is systemic across the market
BROWN YTD: -47.24% as of this

Therefore, can't kick the stock, comparatively, on par.

Indeed, agree and hope you're right. However least its now getting some publicity. Said on another chat, ~50% of the current share price is made up of cash. Quite a ridiculous valuation. Understand the macro issues happing and therefore being reflected in the price (and that of all LSE companies really) . However, buyers must be looking to capitalise here. Even an offer of 2x the current price puts it at 50% the book value!

https://masterinvestor.co.uk/evil-diaries/evil-diaries-developments/?mc_cid=8f923c2bca&mc_eid=31ad53697c

'The Mashley’s Frasers bought c. 5% of NBrown (BWNG) a few days ago. BWNG is now 25p offer. If this price stays there I am taking up work. Of course the Alliances know what they are doing but it may be better if The Mashley relieves them of the work in hand. I suppose 50p is the first stop.'

I mean, the ratios on the balance sheet are great in some areas. Meaning the book value per share has increased.

Disappointed on the dividend update (fair enough though), and the litigation case.

Ignorant to think we would see profit in line with last years expectations with everything going on. As you said, other retailers reported similar drops across the board. However the balance sheet on this is strong. If the balance sheet was poor i would wonder why i'm still holding, but the strength of it shows financially we're in a good space. Just consumer spending, as expected, dropped.

H1 23 Results
Total Revenue 331.5m (-4.6%)
Profit for period 5.6m (-76%)

We were not going to see any record profit figures for these results so a profit is positive compared to other retailers.

Equity 461.9 (+4.43%)
Cash up
Liabilities down
Book Value per share ~ £1

Could claim market maker, but whoever seems to be doing this looks to be profiting. £45 or so each time, guess done around 50 + times now.

Some very odd orders today. Someone seems to be placing buys around 24.95 then subsequently selling around 26.30. Been happing most minutes since around 10:50am. The bid and ask prices are moving 3-4% every minute. Not sure anyone else is seeing this?

Correct Revenues
03/03/2018 = 922.20
02/03/2019 = 914.40
29/02/2020 = 858.2
27/02/2021 = 728.8
26/02/2022 = 715.7

I presume you're looking at hl for these financials. Maybe use the company site or Yahoo just fyi.

Know i keep saying this, but ASOS around 60% down on the year and boohoo down around 50% YTD. Systemic fear atm, which is understandable with retailers. Added some more here.

2 big buys today at around 10:47 and 10:51. 100k each at 26.45

Adding

Asos down ~15%
Boohoo down ~11%

Messy updates from others it seems

Was ideally wanting some more div news, but hey ho

Why N Brown is a small-cap stock for contrarian value hunters

https://uk.finance.yahoo.com/news/why-n-brown-small-cap-074954217.html

Already 1,192,488 in volume today, some big buys last 30mins

Can't look at this short-term, give it 9months once we're hopefully near the end of any recession and good times are priced in lol.

Okay finish in auction