The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
"we continue to expect to be cashflow positive for the full year 2021" - been hearing this for 8 years- I once asked Lofscam to define what cashflow positive means and as you can imagine no reply as he has no F idea!
For me it means more money than your spending - for Lofscam it means more money than his salary each month!
GL
Tee'd up perfectly for another fund raise, yes I maybe bitter losing here a few years ago but watch out it's coming!
Jange, whats your view here at the moment.. share price at yearly low? Lot seems to be going on with MOUs investment but how long until they see the fruits of the labour? I was in here years ago 2008-2009 and thinking its looking ripe again as could easily multibag from here with news of actual gas sales if the LNG float gets put into production. Going to take until 2017 until they can get the gas from Afren, that would make this a game changer and could see it rocket towards that time.
Sales growth in the UK market still very strong, will come in around 7% for this final quarter, they will beat profit forecast for the year in the UK market. Sales growth = extra royalties but the biggest money maker is for the selling of stock to the stores, plus new store openings being ramped up for the end of the year this will have a good final quarter and will bounce back IMO. The sponsorship of xfactor this year has got to have really helped. Only negative on the business is the German market making such a big loss. I'm pretty sure a billion pound company will be looking for a big name to come in!
Then my target entry point is hit
See my post from July 31st when it hits the bottom level i will put everything i own in here and let it ride long term, it will be a winner just looking for the perfect entry point!
Head of German Market has left Ops Director is now on Maternitiy leave (rumour she is also leaving) Lance on his way CFO is leaving To Sum it up: who is left??
Still feel the same?
resigns and heads back to OZ!
Apologies got caught up yesterday. Simple facts that got pointed out in the RNS but glossed over. 50% reduction in profit due to Germany costing more than originally planned and is now going to take an extra year before break-even (now 2016) Less stores opened than last year, this includes Germany. They had got to opening 50+ stores a year just UK market that has tailed off for a couple of reasons, IMO due to top guys leaving the property department, saturation of the market and Franchisee's unwilling to split areas. Take the stores opened in Germany out of the equation and it will be the lowest amount of store openings in the first 6 months for a number of years. Ginsberg leaving, been the backbone of the Finance department since Stephen H took a back seat. Hot summer coming up against olympics and Euro's last year, the hot weather kills this business and i would hazard a "guess" that sales have been negative over the last few weeks and that would have given a poor start to this quarter. This will yo-yo as it did yesterday but i think we could easily see this bottom out below £5 and even as low £4.50. One more thing that rumour mill has brought round is that the Op's director will be going off on maternity leave later in the year! Im sure i have missed a few things, good report on BBC today http://www.bbc.co.uk/news/business-23499858
Today 14:18chr1sStisbury0.43No Opinion At work at the mo, I will do an update later of my view of why the drop. It's all in the rns..
10% drop in annual profits due to investment in Germany and likely to lose more in the future. Also Less stores opened in the uk than same point last year. price will reflect that in my view still has further to go, can see it testing £6 over next day or so before a recovery will start.
what do you think to Sherlocks comments?
would listen to that drivel that you are coming out with... 8 posts crybaby really!
have any info on these? 1, Any further info on OML 2, What path are they taking Website has not been updayed in a long time, Nothing saying they are onto a project, company has stayed static since listing 7 years ago! I held from 2009 to 2011 and then gave up and sold out but have always kept an eye in as i like the idea they have it seems to be just that though an idea!
http://www.rareearthsglobal.com/ couldnt find anything solid about them or how they want to make money! 74% owned by thye CEO
is flying 1.6 to 1.65
buy price for £1k paying a premium even for such small volume!!
for a couple of yers now and topped up again last week as the share price seems to be moving on very small volume's. Something is coming in here and it looks like it could repeat what happened a couple of years ago and fly up! any thoughts?