Member Info for Crooty

Wow, if there was ever a case that AIM is corrupt - then this will be it. Total scam, and to be honest i can't see it being no where near fully subscribed when they also said it wont break even until FY27 - the current 64% dilution only gives them 6 or 7 months cash flow.

I feel sorry for PI's here.

Not only that, these TR1's being reported months late are massive red flags.

Thanks Trevor

I know they do have some concession stands on there, but could do with more.

Its crazy the valuation at the minute.

I don't think they have a lot of choice but to charge for non BN residents. Seems a lot of Piers are having to do it.

You are right tho, Brighton has lost its way a bit, mainly because of the Green party in my opinion. Finally the council realised they have alienated drivers and have reduced parking charges. I'm hearing there are lots of intiatives to bring Brighton back to its glory days. Time will tell i guess.

Its the Golf division thats the cash driver....

Yeah, not in my II account either yet

We will find out this week if its PIER that has bought the i360. I reckon its either PIER or Merlin.

I'm just concerned, that with all the conversions and new big box stores , sales are still down. I think overall sales floor space has increased.

I've said it before i think SHEIN (and other retailers) has really hit them and the lack of a trading update as promised with the results is worrying in my view.

Worrying that they provided no trading update today even though they said they would:

"A further trading update will be provided alongside the announcement of our FY2024 annual results on 21 January 2025."

Agreed, crawshaw.

Its mind boggling that people think when the "Yanks wake" they'll alter our market.

Never fails to make me laugh though. Theres a reason the city have a saying of DUMB MONEY

Wow, even Greggs announced decent results and they are down 10%

I agree BB.

This is more than the budget. I can't stand the "not less than" updates . Not less than £5m is certainly LESS than "not- less than" £13.9m

I think SHOE are in trouble.

1) Shein HAS to be hurting them BIG time. Far more trendy than shoezone. I think a brand change needs to be done and done soon. Shein is going great guns. Very clever advertising with Shein. Shoezone doesn't advertise at all and has simply rested on its lorals. Thats fine - but expect to lose market share when the likes of SHEIN and Temu are advertising well. I've looked on Shein website and its REALLY good. Looks of offerings at REALLY cheap prices. Shein has to be taking some sales off of them.

2) Has the online hack hurt the online sales? For sure, in my opinion, online sales will be hurting with the likes of SHein and perhaps Temu.

3) Blaming the weather is poor. Surely people needs more shoes when its raining as the rain ruins shoes?

4) Reports of the brothers falling out from a couple of sources. Is this true i wonder?

5) Shipping rates still hurting them.

6) It's concerning that with all the hybrid and big boxes, that sales aren't really doing too well.

If the update on the 21st January isn't good my opinions above will be cemented in and I think then the market is going to punish the SP even further. For the SP not to tank, Shoezone has to prove that the rot has stopped.

Yes, the RNS isn't great at all.

I hold here. I got into these from various amounts 39, 45p, 50p, 55p, 60p and sold them at 140 ish. Unfortunately missing out on the rise of 290p! I then bought back earlier in the year when it plummeted from 290p to around 180p. I added at around the 150p mark - so i'm well down on this at the minute.

I think its a bit of an over-reaction and perhaps should be around the 100p mark - but the market doesn't like surprises.

I don't think the shipping rates help and as these are on the way down that should help a bit going forward.

The government really is intent on destroying the high st. Its crazy they keep talking about "growth" when they know full well that isn't going to happen with their policies.

Sure, it will be a while before we see the 140p mark again.

Good thing is that SHOE really does run a n incredibly tight ship. WIthout that, we'd definitely be in trouble .

""RNS tomorrow....imho...!!!!""

A real one, or a "We've just spoken to a couple of people" RNS?

And yet still NO SALES..

With no sales and £500-600k cash burn per month time is running out isn't it? When will people realise that this company literally relies on R&D credits and shareholder fund raises for revenue for the last 12 years - not just a year or two- but for the last 12 years?

""Wow only 3 million cash on hand.. 75% less than 2023!!

Raise due""

PMSL - Its a cash rich business. Read the notes dude. They gave £8m of that in its final/special Dividend earlier in the year. Thats certainly not the behaviour of a company that needs to raise!!

thats the point. just 2 hospitals. a small hospital in sussex and the manchester trust that was trialling it anyway!!!

gdr need a **** load of hospitals to use it to break even not just 2!!!!!

it's been nearly 3 months and sweet fa sales announced since then. time is running out guys . what the hell has the sales team been doing in those 3 months,

"If anyone wants to do some bottom sniffing go over to VELA 😂😂"

Or maybe PIER - all 4 divisions profitable and a P/e or around 3. That is proper bottom sniffing....

"I have a feeling on Friday, we will hit over 3p. Yesterday we were close before a huge drop."

Weren't you the same guy saying North of 15p as soon as NICE approval announced?

And yet with NICE announced it's at near record lows?

It's running out of cash fast according to GDR's own cash burn rate. only 1 deal of £100k so far, which after expenses will only keep the lights on for 3 days. I would have thought that since the recommendation came in July and we are now in September there has only been one deal? And that one deal was the NHS trust trialling it anyway?

GDR needs lots of significant sales and FAST - JUST to survive. You rampers saying everything is rosy but where are the deals? I'm sure one or two more deals will be announced but GDR needs loads of them.

Bartie

""Dumped all my AIM stocks today apart from a small bit of HE1 in my SIPP , thankfully got out of this with just a £90 loss yesterday , came to realise the cards and odds are stacked against the PI and will just carry on with funds , investment trust and a bit of bitcoin . GLA . Regards .""

Not all AIM is bad. Take PIER, they have an average gross profit of 85% across all 4 divisions.

Yes, some AIM stocks are just about fundraising but theres some decent stocks on the exchange with PIER being with one of them being available on the cheap...

Agreed JoeyBlogs.

What the hell have their "sales team" being doing for the last 2 or 3 years. Annual sales of just £50k.

YOU COULDN'T MAKE IT UP!!

Same old toilet-talk with GDR. All talk and no projections. Only about the size of the market. You have had products available for years and yet with all that "available market share" you generate annual sales of £50k. A vending machine in one hospital reception takes more and thats without any sales team...

All those chatting rubbish about "as soon as NICE is announced this will be 15p minimum"

How is that going? Asking for a market maker friend...

"I am starting to think Peel Hunt sold all holdings since yesterday hence the drop. Maybe rocket to 6p tomorrow."

PMSL- Give your head a wobble lad. Weren't you the one saying as soon as NICE is announced GDR will be 15p?

I literally only come here to read some of the comments - it never fails to make me laugh!!!!

Its a good job gold prices increased as much as it did. This profit before tax part of the announcement isn't actually a pleasing read at all:

Profit before tax increased by 2% to US$117 million, due to:

●

9% increase in revenue, in line with the 15% increase in average realised gold price offset by the 5% decrease in gold ounces sold;

●

a significant increase in finance income due to rising interest rates in both Egypt and the United Kingdom which resulted in a US$1.3 million increase in interest income from funds placed in term-deposit, offset by:

○

42% increase in other operating costs, predominantly due to

○

a US$3m increase in corporate costs related to share-based payments and salaries and wages offset by decrease in the cost of consultants;

○

a US$1m increase in royalties paid; and

○

a US$6m increase in provisions for obsolete and redundant stock

○

36% decrease in greenfield exploration and evaluation expenditure, as budgeted; and

○

10% increase in cost of sales as lower stripping costs were capitalised due to better-than-expected ore to waste conversion.

The above factors together with an increase in EMRA distributions during the period resulted in basic EPS decreasing by 9% to 7.19 US cents.

Newbie,

I still cannot see the article online though and i doubt its printed in your weekly paper already!!!

100% agree though, SHoezone share price isn't in favour. Sure, it may get marked down in the morning but i don't think it will be whacked as someone mentioned earlier. If it does, i will probably add on the weakness.

I bought these at the beginning of covid at an average of around 45p and kicked myself for selling them just shy of 200p, just before the spent a couple of years at 250p and also having a lot of juicy divedends and special divvies. As you know they then rose to 290p in March so i couldn't resist buying a load in the 185p mark thinking she wouldn't go any lower!!!