Member Info for Cherryhiller

How can we go from first gas expected, to a myriad of problems, no solutions, and now no date for when first gas is expected.

An absolute disgrace, such misleading comms need to be regulated against.

Think this goes back to pre-covid 5p level. That’s why I’ve just sold two tranches for a total loss of 14k. Hands down this is the worst investment I’ve made.

The faces of Frank and David yesterday told a story.

Big loss, but not my problem anymore. Onwards.

Today’s RNS = more of the same shonk

Is Nick still writing the RNSs?

A new CEO appointed in 6th October who has had zero to say about his appointment, reason for change, what he will bring to the role or the strategic direction of the business and how he will deliver for shareholders.

SP continues to erode. I find the communication approach extremely poor.

https://www.irishtimes.com/ireland/2022/09/15/government-hopes-for-billions-under-european-commission-energy-cap-and-windfall-tax-proposals-dashed/

https://www.internationaltaxreview.com/article/2amr21i7hd7nufkehvdog/this-week-in-tax-eu-divided-over-energy-windfall-tax

Very frustrating share I’ve found. Book value ps today vs 2018 and other previous years compares favourably imo. Various metrics compare well to previous years - cash etc, working capital, net profit vs market cap it’s quite frustrating. I find some of these simple comparisons tell a story. This should be at least 40 -50p and seeing improvements yoy I’m my view. However, feels like sentiment isn’t there, also agree on covid traders but deterioration taken greater hit than I anticipated when test excitement evaporated. Hope you are right and this team is successful and is able to land that message effectively.

It’s about perspective, you may tell the story from the 4p angle and you’ll land on Wigwammer’s viewpoint. I agree, for that aspect of the story the have management navigated successfully. For me, however, the next chapter is about evolving the story, communicating regularly, creating momentum and garnering positive and robust sentiment amongst the shareholders and market. It’s this part of the story that has fallen short of in my view, and evidenced by today’s share price action and the persistent decline over the last year, that of the market too.

To my mind, the board should be developing the story, focusing more keenly on the wording in RNS’, and keeping the market more closely and more regularly informed with how the business is developing.

Communications are so important, and should have kicked on since 68p. There was a real opportunity to drive that positive momentum and it was missed - the story is key, what does the market perceive - the output of that perception is the share price.

I too hope that the future is a glowing one, and to get there the board need to communicate more effectively, so that value is more accurately represented by the sp and market cap.

I trust very few shareholders can be happy with the price action over the last 12 months, yes business has stabilised; that’s old news, what’s next. More Director buys on the way down would have been a material demonstration of confidence imo. But as always I could be wrong, fantastic communicates and regular directors buys may have done nothing.

The decline in the share price here from the May ‘21 high of 68p has been extremely disappointing. The sparseness of communications combined, along with a focus on negatives / headwinds rather than positive tone with a spin on how the business will and is overcoming challenges has provided no support to the share price and significantly eroded shareholder value.

It would have been confidence boosting to see some meaningful director purchases to help arrest decline, give the market confidence and reassure the market that the directors are confident in the business.

Shareholder communications are in drastic need to a new strategic approach, its simply not good enough to communicate twice a year, and the AGM was dull and lifeless, seemed like Nick and team couldn’t wait to get it over with.

Really disappointed with the action here.

Ah yes, just looked, maybe bounce around for a while, needs to pick up momentum.

Hopefully some strong contract news as another Emerald highlighted

Need to sustain the rise

Wonder if this correlates with the package industry

https://www.telegraph.co.uk/property/buy-to-let/harder-summer-2008-holiday/

Good rise today, wonder if it will be sold into

With any luck the next update will be to confirm the issue is resolved

Excellent support in the lead up to a strong film slate from Oct / Nov onwards and into 2023

Nice start, following good RNS this morning and +10% yesterday in the USA

Still part of stock exchange / trading just not included in indexes

Uk opens first, therefore could see a rise tomorrow in line with US

https://finance.yahoo.com/quote/CNNWF/