Member Info for Carllapos

Hi currency traders, thanks for the heads up.

Don’t worry, I’m not about to crash out of my holding on his crystal ball, just interested to know how he come to such a conclusion.

Learning trader, any substance behind that view?

Surely surely, this has to go on a run soon!

Trading updates better than forecast, a clear management turnaround in progress, well capitalised.... so why are we still sat on the same baseline?

Is it being held back by an expected slowdown in house building if the housing market crashes or is it just being overlooked right now and due a rerate?

Assuming no kore lockdowns, a return to key social occasions and therefore a growth in sales.....90p+ By year end.

So many variables though and we’re not out of the covid woods yet.

Mike, today’s drop was simply an undoing of the speculative buys that were made leading into the results. You then get some panic sellers added on top of that which equates to an over reactive drop.

This rose 30% leading up to the results, so unless the results exceeded expectations, it was always going to pull back.

I agree with Pedro, very little downward risk here with a big upside. Watch this space.

It had a speculative raise towards results and now those speculators are selling up. The fundamentals do not change and in 12 months time the SP will be in a very different place.

I’m frustrated by today’s movements, but they are merely correcting from a price that was only going to be sustained if results exceeded expectations. Since when was meeting guided expectations such a bad thing! Ha ha we will still push on from here.

Price is recovering well and a far cry from the 30p that the doom sayers were suggesting. Let’s see if it can hold onto the gains.

News of the convenient being expressed could and should push this back up to low 40’s.

Have you got a link pedro?

Funny how according to your previous posts, you sold ALL of your holding by the 31st dec. on which date the Sp was circa 60p. Hardly the top, in fact, it’s still lower than today.

You’re pretty much lm these boards to stroke your own ego and I have to question how much you even invest.

Of course you did Aimtitan. These boards are full of people like you who just happened to manage to buy at the bottom and sell at the top.

Agreed. And the benefits of the capital raise and expansion program are yet to be seen. Next 6 months are crucial for investors. They have to be able to prove that their plans can return sales growth above 2019 levels.

My biggest concern is that so much revenue has come from Homeware. If that’s sustainable then brilliant. But if it’s just a spike due to lockdowns, then they need to get clothes sales moving ASAP to balance revenue.

A move out of lockdown should see some organic growth in clothes sales as people return to the office and occasions etc. But that won’t be enough on its own.

I’m long here and all in all I feel confident, but there is still no proof In the pudding just yet.

Fundamentals seem to matter less and less in the market nowadays and it drives me insane as it’s all I really look for. I’m not one for speculative shares or too much chart analysis.

Slow and steady wins the race hopefully.

*act with aggression.

The problem is, the market thinks in a very different way to a business owner. Because I am I business owner, I invest like one. But the market is obsessed with turnover and growth of it and holds less regard for profit.

We’re talking about a company here that’s still set
To make circa £50m profit during a pandemic yet the share price has tumbled because the market believes that every company should act with agreed soon and that all online retailers should be doubling turn over.

Great post. This will bump around it’s current level until we have some news on the covenants. My gut says they will renegotiate, but until that’s confirmed, there’s short term risk.

Ahh I see. My bad.

It’s ok, aimtitan is just here to gloat. Very easy to say I told you so. If this has a long way to go before you invest, may I suggest that you use your precious time to post on boards where you are actually invested.

It’s not hard to imagine a future PE of 14 if browns can combine that profit figure with sustained growth. Interesting year ahead with lots of updated and a low downside in my view.

I may be wrong, but I’m sure that part is the reason behind the cap raise was to clear the government CCFF to clear a path for future dividends. Brown is a dividend stock and I don’t think moving to the AIm will change that.

A massive over reaction. But you could also say the 30% rise leading to results was also an over reaction.

Speculative investors are bailing today. But the long term prospects here are still good.