Member Info for D-Geeman

Profitable – at the 'wishful thinking' level :)

Anyway, if it helps with marketing in the FSP..

https://www.mediaweekawards.co.uk/finalists/yellow-is-the-new-black-k0022
Interesting wording in the copy re 'profit'; over-egging it somewhat.
Still, be good to do well. Awards night Thursday 20 October 2022

The best bed frames to buy

1. Eve Tailored Bed Frame: Best overall bed frame

Price: £549 (double) | Buy now from Eve
https://www.expertreviews.co.uk/bedroom/1414036/best-bed-frame

Maybe our man?
https://www.standard.co.uk/business/markets/from-stewing-on-the-tube-to-a-pot-of-readymeal-gold-6453195.html

Less likely:
https://alpha-maven.com/industry/hedge-fund/contact-profile/alan-rosenthal-abr-capital

During the FSP the threshold for an 8.3 Form is just 1%.
Maybe he has to submit one form at the end of any day he buys more (or if he starts to sell?).
He has a lot more shares than me. They cost him a lot less than they cost me. Lucky thing.

Class of relevant security:

0.1p Ordinary


Interests

Number
%
Number
%
(1) Relevant securities owned and/or controlled:
4,301,372
1.56 %

Looking at the French review site avis-verifies, the annual number of reviews for the last 12 months, and monitored on different days this year, shows increasing annual figures.

NOMBRE D'AVIS : 489 in 12 months to 16/4/22

NOMBRE D'AVIS : 575 in 12 months to 22/6/22

NOMBRE D'AVIS : 646 in 12 months to 24/8/22

https://www.avis-verifies.com/avis-clients/evesleep.fr?filtre=&p=1

It might not make a huge difference to the FSP equation but maybe a new buyer of eve PLC might see the potential..

evesleep.co.uk of course

Sleep Away is now £195.00 at Argos. Was £179.00 till yesterday. Still £2 cheaper than at evesleep.com website.

Looking at the original with photos, it rings a bell.
https://issuu.com/gearingmediagroupltd/docs/fn392_pages1/34

By Paul Farley Aug 23, 2022
How the bed industry talks to the consumer
https://www.furniturenews.net/resources/articles/2022/08/1800966116-how-bed-industry-talks-consumer
'We started by asking them to outline their key consumer marketing messages …

Cheryl Calverley: 'Our brand is all about the wonderful benefits of being well slept.'

(Seems new piece yet ends with: 'Read the full article in May's issue of Furniture News magazine.')

If the sales are there then at least cutting the costs through a T/O could make a difference (as opposed to cutting costs while there are few sales = not much chance of an improving financial position).

Would be handy if eve were able to RNS that sales remain strong.

I would have preferred that talks would have lead to news by now. We live in hope. I still believe that buyers can walk-away and we'd hear nothing.

One potential buyer, even if the terms are bad for us, could flush out another buyer with an improved offer. The improved-offer entity may prefer to buy eve than let the company fall into the hands of a competitor. To competitors, eve going bust may be a preferable outcome compared to going to a rival outfit. We do need an offer to come to the table.

In the absence of anything any more exciting, TP has updated. At this rate eve could get past 290 reviews this month. August 2021 had 260 reviews. Too many poor reviews in the latest figures but sales do seem to have recovered slightly, IMO. Sales numbers take no account of (soaring?) costs of course.
https://uk.trustpilot.com/review/www.evesleep.co.uk/transparency
I doubt that people who buy from DFS would give a review at the eve TP page. I think they'd go to the DFS page instead.

Just catching up..
Dontgive, you said that CBD has gone but I found this
https://www.wellsleptbyeve.com/products/the-cbd-oil-camomile-passion-flower
and
https://www.wellsleptbyeve.com/products/the-cbd-oil-ginkgo-biloba-and-ginseng

I haven't tried a dummy-buy but it looks to be available in different sizes.

Also, Morphee is back in stock (hurrah) https://www.evesleep.co.uk/products/the-morphee-sleep-aid

Typical, as soon as I write that TP hasn’t updated…
https://uk.trustpilot.com/review/www.evesleep.co.uk/transparency
A relatively high number of reviews (good), but unfortunately high number of poor reviews too (many customer service and delivery problems of course).

Hi dontgive, I’m still away and not checking the evesleep site but they must be focussing on the mattresses and beds with the people that they have. Makes sense I guess. TP still not ‘updated’ (when I checked yesterday) in two weeks so they must have stopped paying for the ‘extras’.

At least A. Rosenthal is putting his money where his belief rests.

From my recollection of the FSP RNS, eve would be under no obligation to tell us anything if potential suitors walk away but they are under an obligation to tell us if eve terminates talks (and why). That said, they must have a Plan B (of some sort) and will announce it if there are no realistic chances of a takeover and will spin their Plan B as well as they possibly can - even if it’s dire for us holders. (Pergaps it won’t sound too dire, maybe it’ll even sound good to some of us optimists.)

I also have some 4D pharma shares and they have gone into administration. this illustrates the sort of fees that the accountants would charge. A buyer thinking that they can pick up even out of administration for a lower price than now is also going to face the reality of a lot of money having disappeared to pay the accountants. It would be quite a spur (that, and not losing a good customer reputation) to work out a deal now rather than out of admin.

This is from 4D RNS of a few weeks ago. Their meter will still be running;

‘ From the date of our appointment to 28 July 2022, we have incurred time costs of £580,488. These represent 876.65 hours at an average rate of £662.12 per hour.’

(I wrote a similar post to this last night but it failed to appear. maybe it will now so sorry for any repetition)

Im pretty sure that eve would announce if (and why) they pull out of talks but if an interested party walks away (there was at least one interested party) then we wouldn’t be told. So it could be that, today, there are no talks. Fingers crossed there are talks.

If a party walked away it would actually be quite a negative bit of news so we don’t have that overhanging eve. (Remember the US entity that lost interest? We remarked at the time that it was a negative part of the RNS and need not / should not have been included.)

‘ If no one has come in for EVE now then they never will.’

I’m not sure that’s true. But like eBay, two or three bidders wait till this last minute - or the auction just has no bidders. Unlike eBay there is no fixed deadline, just a ticking clock to zero bank balance.

If we have one bidder and a low price is announced for holders to vote on, it definitely does not prevent a higher bid coming in.

Be nice to hear something of a bid, of any sort.

‘ Are the reasons you bought EVE in the first place still valid now? ’

Wyn, oddly enough, for me, nothings changed. Good product (our holiday mattress is defo not as good as the Original eve at home!) and the share seems not to reflect that.

How it will turn out is another thing entirely. Without knowing what’s inside the minds of people who can influence events we are simply hoping our long-odds bet pays off.

Incidentally, (and talking of loss-making companies) I’m well down on RUA but they put out a RNS yesterday that shows some promise in their medical grafts. Probably several years before great news though, if ever.