Member Info for D-Geeman

I see from this DM piece that the Morpheé has gone up a £1 in price to £80.
https://www.dailymail.co.uk/best-buys/lifestyle/world-sleep-day-products-for-better-sleep

Weighted blankets are now back in stock.

https://www.gq-magazine.co.uk/lifestyle/gallery/best-air-beds

Best roll-up bed: Eve Sleep Away Mattress (£179)
Admittedly this option doesn't fill with air, but it's still a plenty comfortable and perfectly portable option from one of our favourite mattress makers. A good choice if you need to cater for your kids’ sleepovers.

Shows that eve (CC?) is on the ball to spot this misleading advertising, and have their complaint upheld.

https://www.asa.org.uk/rulings/emma-matratzen-gmbh-g22-1141037-emma-matratzen-gmbh.html

'The ASA received three complaints.

1. Eve Sleep Plc and two members of the public, who understood the “From” price in ad (a) had been increased, challenged whether the savings claim was misleading.'

And, 'DFS said its investment in the Sofa Delivery Company and its manufacturing capacity were now enabling it to support the new revenue base, with second quarter delivered revenues 24% higher than the first quarter, and momentum continuing into the third quarter.'

Ever the optimist, I'm expecting a bit of a bump with the eve sp as they'll announce the date of the detailed update very shortly. Final figures will come in March. The bump might not last long.

Eve products are now in DFS Furniture, since March 3rd.

DFS RNS this morning: ""We will continue to invest in our digital platforms, our showrooms, our delivery networks and our UK manufacturing capacity, as well as expansion into other home categories which we believe will continue to drive long term growth and profitability." So maybe that could mean they invest directly into eve sleep if things go well with the eve 'trial'?

Extract from DFS today's RNS:
'(Sharecast News) - DFS Furniture reported first half group revenue of £561.1m from continuing operations on Tuesday, up 17.4% on the pre-pandemic two-year comparator, with "significant accelerations" in deliveries reported across its second quarter and into the third.
It also announced a share buyback programme worth up to £25m, to be undertaken over the next year.

The London-listed furniture retailer said it overcame "operational pressure" to deliver reported profit before tax of £21.6m for the 26 weeks ended 26 December - up 35.8% from the pre-Covid two-year comparator of £15.9m, but down from £72.1m in the first half of the 2021 financial year.'....

'"We will continue to invest in our digital platforms, our showrooms, our delivery networks and our UK manufacturing capacity, as well as expansion into other home categories which we believe will continue to drive long term growth and profitability."

At 0910 GMT, shares in DFS Furniture were down 0.81% at 196p.'

After an extraordinary 7 days without an update TP is now showing the stats on this month's reviews so far https://uk.trustpilot.com/review/www.evesleep.co.uk/transparency
87 'good' or 'great' reviews.
17 'Bad' or 'poor'.

Seems as though the days of dire delivery performance (when bad reviews were 1:2 with good reviews) may be slipping into the past.

DX Couriers opened a new depot today, partly to give a better customer experience:

DX GROUP OPENS THIRD NEW DEPOT OF 2022

(Sharecast News) - Delivery solutions provider DX Group has opened its third new depot in 2022 with a new site in Dartford, Kent.
DX Group said on Monday that it had continued its network expansion, signing a long-term lease over a roughly 28,000 square foot depot located on a 1.2-acre site in Edisons Park, Dartford in order to facilitate the expansion of both its DX Express division and its freight operations.

The AIM-listed firm stated DX Express's existing team at Swanley in Kent will relocate to the new site, while DX Freight will expand its operations at Swanley into the space vacated by DX Express.

This came up in a search this morning. Seemed more relevant to my 4D pharma holding so I posted it on that BB. Now that I've managed to read it (behind a paywall) I see they mention how important sleep is going to be too, in the response to cancer.

https://archive.ph/1pI83
If that doesn't work, copy and paste the Telegraph https://www.telegraph.co.uk/health-fitness/body/does-cure-cancer-lie-gut/ URL here
https://archive.ph

And this is the para that mentions sleep:
'But as the evidence continues to accumulate about the role which our gut health plays in our susceptibility to disease, how can all of us ensure that we have a healthier microbiome?
Rossi says that the answer is simple, ensuring that you get sufficient sleep and eat a greater variety of plant-based foods.
“Getting seven to nine hours of sleep a night is key, but so is eating more plants, and more diverse plants, which feeds the different species of bacteria,” she says. “I think that’s something we don’t do very well in the UK. We kind of stick to the same things, but there’s actually six different varieties of plants, from wholegrains to nuts, seeds, fruit, vegetables and spices. '

I can't read this (paywall) but looks like it could be relevant
https://www.telegraph.co.uk/health-fitness/body/does-cure-cancer-lie-gut/

Just noticed the fixed prices on the wedding list. No codes, no % off. Pillows are certainly the full £59.00 price. Not had chance to compare the mattress prices.

I wonder what else could be going on at eve to get past 'break even in UK'; I can't imagine they will stop at DFS and wedding lists.

https://prezola.com So couples can ask to be given eve mattresses, bedding and pillows for their wedding.

I haven't seen this before. There will be lots of weddings with the ending of covid restrictions (assuming we are spared from the war).
https://prezola.com/search/?brand_slug=Eve%20Sleep&gclid=EAIaIQobChMI3LuZsu2-9gIV4IBQBh223AsfEAMYAiAAEgLo7PD_BwE

When the gift card idea came up on here it was with a view to wedding gifts.

Remember that Dreams used to sell eve mattresses until the arrangement was discontinued? I recall that James Sturrock said that "it wasn't working for either side".

Anyway, just noticed this comment connected to Hyde and Sleep brand when doing a bit of research:

https://www.whatmattress.uk/mattress-reviews/hyde-and-sleep-reviews/
'About the “Dipping” issue

A few customers have reported that dipping of the mattress is particularly pronounced when it comes to those made by Hyde&Sleep. This seems to particularly be the case for larger, or heavier folk. If you are a larger framed person then I would suggest to avoid the Hyde&Sleep range, and instead read my article on the best mattresses for heavier people.

You may have noticed when typing in “Hyde & Sleep mattress”, within Google’s auto-predictive search function, “dipping” comes quite high up.

Although this isn’t a 100% accurate barometer, it would suggest a lot of customers are having this problem.

Company History

Hyde & Sleep are made in the UK and are certified CPC free. As above, they are owned by Dreams Ltd, aka Dreams.co.uk, who you’ve probably heard of ?? Rather than buying them out, it seems that Dreams started the “Hyde & Sleep” brand from scratch and always wanted to run it as a separate brand.'

Anyway, my point is that Dreams created their own brand – according to this piece though I haven't checked that it's accurate – and probably gave eve the push by the sounds of it (after they'd seen that eves were popular?). DFS is bigger than Dreams and maybe (not a surprise to anyone here) DFS would take the approach of buying a brand off-the-shelf rather than creating one from scratch. I would say that eve have a much higher profile than Hyde and Sleep (I don't recall many Which? awards to Hyde and Sleep) so could easily be argued that Dreams missed out on a bargain a while ago when they parted company with eve.

NB. Hyde and Sleep: 40 Nights Exchange and 1 Year Warranty.
Eve 365 days exchange and 10 Year Warranty.

Regular French reviews ticking along nicely.. https://www.avis-verifies.com/avis-clients/evesleep.fr?p=1
Together with those similarweb figures, I find it reassuring.

As for UK, will the 'DFS boost' more than offset the higher costs that are coming = THE big question for the update.

All the mattress makers face the same increase in costs so will CC be able to navigate the next 12 months (and more) better than the rivals, and remember that eve do have a wider range of products than many others; eve may have more profit and less materials' costs (eg morphee, and weighted blanket) on some of their items.

Frog jumper, thanks for that comment. I'll continue to follow DX and I am seeing more of their vehicles as I now know of their existence (I hadn't noticed them before they took on the eve contract).

Thanks Aim, I was just going on equivalent days of the month from last year to this year, which obviously hasn't worked.

So, no news this morning on 'coming news'. That breaks the routine but does give more time for DFS data to be collected for the (late?) March update. Blue start anyway.

From Eve site:
SIGNIFICANT SHAREHOLDERS
OVER 3 PER CENT (AS AT 30 NOVEMBER 2021)

FOLLOWING ADMISSION
Number of Ordinary Shares Percentage of Ordinary Share Capital (%)
Octopus Investments 37,473,358 13.7%
Paul Pindar 15,334,885 5.6%
4 Ventures Limited 12,422,827 4.5%
DN Capital (UK) 11,578,031 4.2%

(Link sold their Woodford holding)

Just an observation. Clicking on the ‘EVE Director Deals' button above, I see there were:
7 ‘buys' in 2021 (beginning March 19th 2021, after the detailed TU).

2 Buys in 2020. (& 2 exercise of options at 0p)

3 in 2019 (& 3 notifications of holding at 0p).

2 buys in 2018.

2 Notifications of holding in 2017 (both 0p)

So 2021 was the year that generated most Director Buys, by far. I don’t think a Director buying has much effect past a week or two but interesting that their buying is increasing rather than diminishing.

I know we don't see all the trades but anyone else surprised that sp is not falling much with today's sales?

Eve sp does usually move quickly on a small number of trades either way.

I know nothing of the MMs other than conspiracy theories on these BBs but could they be stocking up shares now, before the TU?