Member Info for D-Geeman

Available in the UK – at Decathlon (French store of course)
https://www.decathlon.co.uk/p/morphee-box-of-meditations-and-sophrology-to-help-you-get-to-sleep/_/R-p-X8660009?mc=8660009&utm_term=8660009-4384631&&iv_=__iv_p_1_g_136697478414_c_605548143503_w_pla-329717981422_n_g_d_c_v__l__t__r_x_pla_y_15177021_f_online_o_8660009-4384631_z_GB_i_en_j_329717981422_s__e__h_1006886_ii__vi__&gclid=EAIaIQobChMIjPvnufPQ-AIVk-vtCh3j9QgXEAQYASABEgKXC_D_BwE&gclsrc=aw.ds

There'll always be a customer that takes advantage.. But if you want to sell mattresses online and people can't easily try them out first then you have offer the trial period and 'no questions asked' returns. Maybe the 30 day minimum period is why they do this; who wants several mattresses lying around for 30 days.

Asking for eve customers to pay postage would be great for sales of Emma and Simba but not eve, sadly.

'this as an option is pretty much the nuclear option'

CC is quite sensible so I would hope this has all been done in good time rather than with eve about to hit the wall. There genuinely does seem to be a slight increase in sales this month (going off argos and TP) so that might buy a bit more time too.

Eve has gone blue on HL.
Get a screen grab!

'The FSP is listed as a way to raise funds to be able to have 'sufficient funds to hasten the move into the opportunity of becoming the worlds 1st digital Sleep Wellness business' just reads better than 'to raise funds to be able to have sufficient funds for the business to survive' ' but that's what they really meant IMO.

ABDX shows that an RNS with good news can make a big difference. Having said that I always thought the govt. would pay ABDX so rather more of a certainty, to me, than eve getting a decent proposal in this FSP. ...But it could happen to eve.

Didn't know you are here Apre. Good news. I could do with more. Atb. D

I won't even try to predict but if an offer appears that seems too low it may well draw other bidders into the open; everyone likes a bargain.

Debenhams and Woolworth went bust and they were big names. I'm trying to understand why these big brands went under and no one thought to value the name. See if there are message for us. Huge debt was the obvious problem (doesn't yet apply to eve) and being tied to the high street, not keeping up with customers' desires and not evolving, being out manoeuvred by the competition – again not true for eve. For me it means that there is value in the brand (it's cost £ms to get to mattress brand number 5) and someone can buy that brand, harness the brand awareness, for a few £m now. Or they could start from scratch and spend £m's themselves, getting to the same place.

https://www.bbc.co.uk/news/business-55144922

Debenhams: 'It became irrelevant'; 'Its stores became a 'straitjacket'' 'business was shouldering £720m of debt'

https://www.retailgazette.co.uk/blog/2018/12/woolworths-collapse-10-years-ago-first-domino-physical-retail-armageddon/

Woolworths: 'with crippling debts of around £400 million' 'Suggested reasons for Woolworths’ failure range from poor management, poor customer offering, a rapidly evolving retail world, technology, and the circling vultures that were the discount pound stores.'

Soton, we sound like we have similar lives! (You and I are very similar ages.) Rental property too, still with some mortgage and the plan was to use my 'earnings' on AIM to pay off the mortgages in around 3 years. Fortunately mortgages are not large but will have to sell the ISAs instead, or get another loan of some sort. A lot can happen in 3 years though, and just maybe my AIM stuff will come good (AVCT + Angle; might just happen). The annoying thing is that, had I put the cash into paying off the mortgages instead of AIM they'd have been paid off before they will mature.
Still, if I didn't have the personality to take a bit of a risk I would never have bought the buy-to-let and that's what's allowed the foray into investing..

Yes Soton, if you don't want the sale at the offered (and generally accepted by 75%) price it's a bummer. A bit like compulsory purchase of a property.
I don't have any 'safe' shares. I have some tracker ISAs but wanted to have some more risky (also more potentially profitable shares) that I could choose myself. It was briefly a good plan (why oh why didn't I sell ALL on the day of the CBD spike?) but now gone horribly wrong.
My average here, on eve, is sub 4p, nearer 3.5p, so I guess I still have a faint chance of getting some back but I'm 70% down atm and it's my biggest % of my PF.
To get back to 19p for you is a tough one isn't it. I hope you're not down too much and sorry for not remembering if you've previously given a figure.
If I get out of this scrape I will definitely play things a bit more 'safe' and follow you away from AIM.
At least we both have 'diversified' which is a saving grace.

I agree Soton. Didn't know it was 75%. My rump of my Avast has had the same thing happen (I'd sold 99.9% at a small profit) but I only kept one share as a 'bookmark', intending to buy back in in the future. At least I will sell my single share without paying a fee, so suits me.

I think they'll be in radio silence till 7am one morning.

This made me laugh, on the eve site. https://www.evesleep.co.uk/products/the-sleep-away-mattress

Scroll right down to the reviews. They have one good TP review and a 1 star review to provide two opposing views. But the one star review is actually a good review, so visitor only reads two good reviews :)

I wonder if its been done on purpose or just happenstance

I wonder whether this really will be 'unused'. They aren't returning it to Argos anyway so that's good
https://www.gumtree.com/p/single-beds/eve-sleep-away-single-matress-brand-new/1436023689

I stopped reading them both dontgive, around a week ago.. They were always a lot less lively than here and ADVFN just hosts rows. I used to read occasionally and chipped in now and again but what's the point. There was a guy on Telegram, Andy? who is genuine, but I think he sometimes reads LSE anyway.

A long time ago there was a gem of info on telegram and I repeated it here – but it was a long time ago.

0.7225 1,244,851 Sell* 0.70 0.75 8,994

Cheers wyn.

Dontgive, I think 13 people acknowledged reading this board when I asked a few months ago. Then there are fewer on ADVFN, and 20 or 30? on telegram (and some people on all 3).

So there must be a lot of shareholders who aren't aware of our conversations.

Wyn, can I pick you up on something :)

A long time ago (and I didn't comment at the time) you argued with some posters (MUST have been on AVCT!) that share price is dictated by the seller (I hope I remember this correctly) as the seller decides when they are willing to sell. I can recall nearly chipping in with 'surely something is worth what someone is prepared to pay for it'.

Now you say with eve plc 'you should know that something is worth only what some one else will buy it for'.

What do you think the difference is between individual shares and the company as a whole, when fixing the price?

(You are kind dontgive !

I just wrote this on 'guidance' if FSP fails:)

Can eve be sure now, absolutely certain at this moment, what they'll do if the FSP fails?

So if they guide now that if the FSP fails they will definitely a) carry on trading as usual till they go bust; OR b) make deep cuts and go on trading and not go bust; OR c) have a rights issue; OR d) something that no one has thought of.

And then they do something else; wouldn't we feel aggrieved at being misled by the guidance? I certainly would.

What if they said they'd take option b) and I liked the sound of that and held my shares and then they actually took option a), and I lost everything. That would make me pretty angry.

What if they guided option a) and then you sold now, only for one of the entities in talks came back later, outside the FSP, and offered to buy the UK part but not France and the shares shoot up in value? That would cheese you off immensely I don't doubt.

They probably don't know what they'll do. What if CC get's a good job offer next week and walks.. And the new emergency CEO does an about turn. Then what?

Wyn, I assume that the charts could hardly be worse from a technical point of view right now.

So in all probability the only buyers before any news will be those taking a small 'punt'. And the sellers will be people who've had enough.

It all leads to a falling sp but makes little difference to the outcome of talks; everything hinges on talks and their outcome.

According to Argos they are close to selling double the number of Sleep Aways in June that they sold in May.

I'm not sure what Mark at M7 can add to what we know and maybe he charges eve a fee every time he has to respond.

It's worth remembering that the very entities that might want to buy eve out won't be buying on the open market at the moment.

Also worth remembering that if an entity couldn't agree a price in talks with eve so, for them, the FSP talks foundered, I guess they might possibly decide to buy a controlling stake on the open market at the market price. Then they'd begin to buy. Maybe wishful thinking but by then they would know all the inside information on cash balance and the forecasts etc.

An oft-repeated cliche but I'm assuming we will drift until there is solid news.