Member Info for Chubb24

Hi Strum,

Sorry to be lazy but can you send me the link to the Nov data - thanks

Sill question but where can you view the River level report?

I know many CARD holders report on how busy their local CARD stores are, so thought i would do the same for WRKS.

So when I was in town (in the south east) yesterday I popped into my local WRKS with my daughter and I was pleasantly surprised with the amount of people in there and paying at the till.

It was not packed but still in my 5mins in there at least 10 different customers purchased items, with a steady flow of traffic. The shop is definitely less full i.e. less lines of stock being sold, but what was there seemed good to me. My daughter got 2 books (i paid!) and she said the range was very much in. So all in a positive report, and I was £15 lighter leaving the shop.

- CARD was busy as well.

All the best

Harry,

Cenkos are house broker but their share price performance has absolutely no connection to ADF's price action.

A few sellers in this market slump would be reason for the fall.

People are beginning to take notice, lots of buys coming in for the stock - maybe it's been tipped?

Good to see the price moving up.

Hi Rivaldo,
These are is not much liquidity with these, so the steady buying and limited sells, means the price action is up.

Maybe Disco Dave is buying in secret! :)

Best

the market is listening to you, Harry......back into the 50s!

Cenkos need to write some research on it and get it out to their clients. Need some asset managers to buy into these, as the price is drifting down

I think the statement was positive and great that the increased fleet size is booked out for the rest of year i.e. order book full.

There are some concerns around interest costs etc but the management team must be fully aware of that, and you would hope this is incorporate in the fees they charge their clients - all the big boys are using their services.

A proposed dividend albeit small (which is understandable) is another good step IMO.

It's now for Cenkos to broke the company, get them in front of institutions, and if one or two of them take stakes, with the tight liquidity on this one, it would push this up nicely.

Good luck to all holders

Looks to be that Ennismore have been a seller and BFG buyers, they hold over 20% now according to yesterday's RNS

AGM RNS came out yesterday afternoon. Some Companies include forward looking statements etc but ADF was very vanilla, resolutions passed etc

thanks for the update, Harry

Disappointing that no trading update was provided by them. No RNS has been issued by them yet either (eg all resolutions have been passed etc).

That would be very good of you. thanks. here's hoping they give a nice trading update.

Would be great if you can make a few notes and post up on here.

Is anyone else going?

Difficult for me as London based.

Lots of buys this afternoon and nice to see a move back up. Hopefully it's a fund buying in and taking a stake.

I think it will be a bit early to start paying dividends, ££ more likely to be used for acquisitions IMO. I guess we will find out soon enough.

From the admissions document:

The Directors recognise the strong earnings profile of the Company following Admission and believe that
the Company will be well placed to pay a regular dividend to Shareholders. At the same time, the Directors
believe that there is significant opportunity to grow the business and win market share, establishing ADF as
a market leader in the UK.

It is the Board’s intention to commence a progressive dividend policy when appropriate and will target a
dividend cover of approximately three times earnings per Ordinary Share in the near future.

Good to see the share price recover today with lots of buys.

The NED appointment looked perfect with her prior background and it strengthens the BoD's nicely.

Sorry what do you mean by premium per share?

hopefully once the seller is cleared and positive year end results etc, we can see this back up in the 70's as a minimum.