Member Info for Crossthetea

There looks to be a large sell order the MMs cannot fill with the current volume. No one buying = no one can sell. In great volumes.

Out of interest, and for a bit of fun, how would everyone interpret this data (NB Shore are the main MM)?

You have to look at the global picture to get a feel of how markets are moving, they are all linked.

I recently made a bundle on HSBC predicting relaxation of the china covid policy and reduced tensions with USA (thanks for that Biden).

Before that it was Carclo, AA and Argo.

Now I see luxury goods on Euronext surging (on the brink of a recession) and LSE dropping in value because if a weak pound.

If only I knew of a company with global expansion ambitions, making it biased toward exports, actually decent products and with a low valuation (thanks LSE, you're a dinosaur and I love you for it) making it a bargain for foreign investors. Hmmm.

Wasn't me this time. Definitely a buy though, I checked the quotes right after the order was shown and got 1.55 also.

I like to catch dropping knives though, looking to eek 1.5 tomorrow.

Got to love the MM today, what a strangely shaped SP trend. It's almost as if they know I'm lurking around the 1.5 region snapping up shares where I can get a quote. Of course they are not though, that would make me paranoid.

Have you read the average Instagram comment lately? I would look at the likes before the comments to gauge value in the reach.

My set arrived today and I must say that I am very impressed. Wonderfully premium, it is going to make a great gift, I don't even have to wrap it.

DB is a god awful operations manager but he or someone on his team strikes some clever deals on the corporate end. I doubt this is the sale of Dugbe mentioned, rather it looks to be an easy way to minimise red tape and derisk operations. Maybe the HUM BoD are finally admitting their weaknesses and we're witnessing the start of a new approach to the business by HUM.

They have to sort out their fulfillment though. I ordered on the 23rd and still waiting for delivery. I'll likely use amazon from now on.

I am also assuming that I am not the only one seeing long delivery times ordering from the website, which may make counting their order numbers to get a gauge of popularity moot as others abandon Huboo for Amazon and Debenham's.

True. There is quite a drag associated with the political situation in the east too. A big boost will be when Xi to abandons his zero covid policy. A bonus also if he also decides to play nice with the USA, which seemed unlikely to happen a few weeks ago though with the recent USA GDP figures I would hope that a few of his cabinet have started whispering, using the Taiwan situation as leverage.

I am happy to keep buying at these levels though.

That's actually ridiculous and tipping offensive. Also, there's no sense in restricting your market unless you are at risk of catchment cannibalism between products. Which is why i like the Can deal, the product lines compliment each other well.

Good call, I bought more balm myself. I've never particularly gotten involved with the products any of my investments make, though I really do like CB skincare. I suppose it is true that beauty products command high brand loyalty.

I've been wondering lately if a subscription model would work in this market, beyond what amazon offer, more like hello fresh or gusto. I happily spend £15 pm on Netflix I rarely watch, though I have a daily skin routine and it would be interesting to receive different skincare products through the year for a monthly fee.

I agree entirely. I could have, indeed.

Depending on how many you hold you can put them all in a massive silo and swim in them like Scrooge McDuck? At least, otherwise nothing will happen to them.

Well, they aren't giving away the shares for free, it is payment for an asset that will add book value to the listed company, around £15M

In addition, the merger will provide additional sales channels to the CBX products, increasing their viability. Exports are more valuable now because of the weak £. And increased foreign investment due to increased awareness of products and the weak £.

A well managed reverse takeover can increase the share price, it looks like they are aiming for 20% on current SP of around 2p

It's immediately priced in the acquisition ala principle of reverse takeover. That's what makes it clever.

Of course, it always more shocking to use big numbers with no context. This deal is worth 2.5billion after all. What a headline.

Well, from the numbers the BODs reckon the SP will increase by relative 20% with incentive for the group to grow revenue, though it looks like they don't expect any major market shift increasing sales, i say that the weak £ will attract more foreign investment than estimated and the SP will go up further on the back of that. Any additional issued shares will be offset by growth.

Quite a clever deal.

The global beauty industry is worth multiples more than the global health supplements industry, is less regulated costing less to operate, and brand loyalty leading to customer retention is higher, so the direction CBX has taken, as a first to market new beauty brand. makes sense.

Great to see them investing in growth also, CEOs need to be leaders, brave and bold and Anna is impressive.

Wow, you are a Doomer afterall ;)

I would playfully begin this reply with 'OK, Doomer', though I think that is beneath both of us.

I have actually been watching CBX since the IPO and I am a LTH, as a company they are a very exciting prospect. The management team they have put together punches well above their current weight and it is refreshing to see a CEO who seems to genuinely care passionately for the company and its direction. Boxes are being ticked left right and centre with this lot, the management here alone is worth the investment I have with them.