Member Info for crawshaw

Hi Percy, good to see you're still here!

- Your calculations for your 75-100p 2026 price target?

- Your definition of a turnaround?

~£200k volume today. Clearly, investors aren't taking Percy/Bfd's 2026 75-100p price target seriously.

Perhaps they could provide some calculations? @Percypipe59 @Bfdinvestor ?

Cumulatively, this will result in 2036 total storage capacity at approx. ~10x today's.

The graph represents annual additions, and not total capacity.

https://about.bnef.com/insights/clean-energy/energy-storage-enters-the-100-gigawatt-era-three-things-to-know/

Https://ibb.co/HDNcHVjk

Right place, right time.

They've missed guidance more times than Bfd's changed aliases.

~£400k volume today. Clearly, investors aren't taking Percy/Bfd's 2026 75-100p price target seriously.

Perhaps they could provide some calculations? @Percypipe59 @Bfdinvestor ?

Just filter HK if you haven't already. They've spent most the year pumping SYME 🙄

"Boohoo continues to trade on a discount to other UK retailers, with an enterprise value to ebitda ratio of 8.4"

8.4x EBIDTA for a distressed, loss-making retailer with declining sales is already extremely generous!

M&S are actually growing, actually making money, and trade at a lower EV/EBITDA multiple than DEBS.

Factoring in this is based on their 'adjusted' EBIDTA figure then you're looking at an overvalued company.

Https://www.energiaestrategica.com/en/notes/portugal-lanzara-una-subasta-de-750-mw-de-almacenamiento-en-baterias-el-29-de-junio

Hopefully Invinity will be participating in this tender!

VOX Issue 5 today 🤩

"My research this morning indicates that the additional cash raised by the placements (£3.6m net) should buy time until around mid 2027"

It SHOULD see them through until the end of 2027. They advised in March that;

“the Group identified and executed a significant further cost saving programme that is set to reduce the Group's operating costs by c.£1 million to c.£2.5 million a year from 1 May 2026.”

I've started a position this week.

I'm no fan of Zak Mir, but Invinity got a mention in yesterday's post;

https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-thursday-18th-june-2026/

Invinity: a V-shaped bull flag with more upside possible: One of the more impressive turnaround charts has been Invinity. The current setup looks like a V-shaped bull flag, and that pattern can often lead to another sharp leg higher if it completes. The near term trigger is a break through 40p, which would point towards 43p to 44p over the next couple of weeks. There may be more in it than that. Looking further back, resistance from a few years ago sits around 48p, and that could become the best case target as long as the shares remain above the recent gap support in the low 30s.

Some news at QuantumScape too regarding energy storage, albeit utilising lithium batteries;

https://www.investing.com/news/stock-market-news/quantumscape-shares-jump-on-honda-battery-deal-93CH-4750019

Well aware, he's been caught out many a time.

Still keeps up the charade though.

Some news over at Eos - https://ca.investing.com/news/stock-market-news/eos-energy-secures-750-mwh-supply-deal-in-germany-93CH-4695753

Let's rejoice at the fact that DEBS are at least 75% down on their REVB "investment"?

You're an odd chap Percy.

"Quite simple southcoast. The growth and investment goes into market place not labels. Labels revenue falls and is replaced by GMV, which is about one seventh the value of a label sale in revenue terms

Do keep up, we aren't in 2023 anymore"

Sounds great Bfd, but net debt is up significantly.

You should apply for a job at DEBS' IR department.

Let's just recap on @Bfdinvestor 's idea of a "turnaround";

- Revenue down 24.7%

- Gross profit down 24.1%

- GMV down 21.6%

- Youth Brands GMV down 35.8%

- Karen Millen GMV down 22.8%

- Net debt increased

- Negative Free Cash Flow

- Increased inventory despite falling sales

- Negligible Q1 '27 guidance

M&S/Frasers are trading at a ~6x EV/EBITDA multiple

If we use DEBS' pie-in-sky adjusted EBITDA figure of £53.3m, less the £93.2m net debt, it'd give DEBS a fair value of around £225m (vs current ~395m mcap)

Even if you apply a whopping 10x EV/EBITDA multiple to their conveniently 'adjusted' EBITDA figure, this still only gives a £440m valuation (less than 10% upside from here)

Bfd/Percy forecasting a staggering 75p-100p share price would mean a market cap of £1.2-£1.6 BILLION (a truly laughable 30-40x EV/EBITDA multiple)

@Bfdinvestor Perhaps you could explain to everyone how you came up with such a ludicrous valuation?