Member Info for D-Geeman

Looking at the pop-up ads for Emma today, Nectar too today, and other brands (indeed Eve on occasions) '20 somethings' seem to sleep in brightly lit – even sunny – bedrooms with expansive uncovered windows. Eve needs to sell a range of black-out curtains to really clean up the sleep market :-)

Just looked at Emma/Simba/Nectar figures too, using Hugo's link. They are getting more visits than Eve (Emma and Simba by a long way) but that doesn't mean we aren't doing very well this November and December. Looks like the sector as a whole doing well, presumably at the expense of the bricks and mortar people.

Let's hope he tweets a photo of the handover of masks – assuming it happens.

Wyndrum, this is CC on Eve. Ring any bells?! – “I think when you’ve got high growth businesses that are driven by very rapid test ....”
Made me laugh anyway

Eve Sleep’s CEO on what big brands can learn from a DTC scaleup (and vice versa)
https://econsultancy.com/eve-sleeps-ceo-on-what-big-corporations-can-learn-from-a-dtc-scaleup-and-vice-versa/

Yes, if sp went back to 100p then it would mean Aruba for us all! With the dilutions there are lots more shares too now. Many thanks indeed for your thoughts; very interesting. The pick-up in fortunes didn't really kick-in for Eve till.. April? So we haven't had (or won't have had) a full 12 months by January update. We'll all be looking for the word 'profit' in the RNS on Jan 21st. If they turn a profit with the April – December/January trading then that would bode very well for the immediate future too. All the best, DG

..' even at the 100p levels I fluked a win. '
Wyndrum, you wouldn't have bought without considerable justification and yet the fundamentals are probably better now than they were then – but expectations / sentiment must have been very strong / a lot better then. I know Eve looked set to trade throughout the EU.
If sentiment returns to favour Eve soon do you think we could go back a lot higher than your charts would suggest?
Cameron, I find a free app called Vox Markets very useful; you can get news of RNSs more-or-less as soon as they come out.

My Snowflake cloud storage people had another good day in US. Currently pushing $390 and were $235 less than a month ago. I just think cloud storage is here for the foreseeable so will top up on any fall. https://www.nasdaq.com/market-activity/stocks/snow
Expecting Eve sleep to rise towards Jan 21 TU: 'Trading update. Strong trading through November, further upgrade to expectations' so maybe I'll reduce in Eve and increase Snow – IF both trends work for me!

Wyndrum, you should post your 'sky's the limit' thoughts on the friendly bb https://www.lse.co.uk/ShareChat.asp?ShareTicker=0DTT&share=Bank-Valetta-Or which is 100% off-topic with some very good posters (and keen readers).
Back to Eve; despite the discussed shortcomings it should be possible to use November's 602 Trustpilot Eve reviews as reference / base point for a good month after today's statement. https://uk.trustpilot.com/review/www.evesleep.co.uk/transparency

Off topic alert..
Eva; one of our best family (early) summer holidays was to Malta, 2 years ago. Fabulous. Only problem was, one night, the ferry didn't run ('bad weather' – sea was actually like a mill-pond) and we had a long bus ride back to our accommodation.
You would probably enjoy this comedy 30 minutes, on Malta https://www.bbc.co.uk/programmes/m0002mfr A guy called Mark Steel, gently taking the Mickey out of Malta and Maltese people.
On-topic; somewhat prematurely, as I'd rather like to buy more, my Snowflake ( https://www.nasdaq.com/market-activity/stocks/snow ) have now gone up around 30% in a handful of weeks.

I think today's muted reaction reflects that Jan 21 is quite a while away. Eve normally just gives a couple of weeks's notice. I guess they want to get news out now, before Xmas, and also to look like a success-story through December ('December is also an important trading period'). Real FOMO might not arrive till.. Jan 14/15/18..20 ..

This was announcement on September 3rd and relates to cash RISING: 'The Board now expects revenues of at least £22m, with a commensurate reduction in EBITDA losses for the year ended 31 December 2020, and an improvement in the anticipated year end net cash position'. Actual figures followed on 15/9. They were seen as a slight anti-climax.
So maybe the investment had to be made early, due to higher sales than anticipated, and that's why cash is stable rather than rising. Anyway, revenue revised up again – to at least 24m (another £2m) – is something to celebrate. Profit would be even better.

Thanks for that Ragnor.

Hi Wyn, she saw what happened last time (flagging up sales boom) and then finding that people were disappointed, just a few weeks later, with the actual results having expected more. Maybe she was surprised and could want to flip the scenario this time. You thought she might have wanted to reduce momentum last time. No sign of wanting to reduce momentum this morning – other than the 'Cash Circa £8m' figure. That could indeed be the rabbit out of the hat in January?

This – 'Cash Circa £8m' 30 Nov – is a figure we've been close to in the recent past (been higher in fact). I am assuming that it won't include sales towards the end of the month (Nov) and should rise (steeply?) soon. Is anyone surprised it isn't higher now, after 7 good months? They perhaps to pay for manufacturing (wages of factory workers), materials etc in advance of sales so that creates some lag in cash. Can number crunchers offer better thoughts?

Eve Sleep up (12.50%) on strong RNS this morning and expect steady rise into January results. Not sure what will happen then though!

‘As at 30 November 2020 the Company had a net cash position of c.£8m‘
So presumably cash from all the BF weekend and much of November is not included as that wouldn’t have reached the account yet. Still be travelling from the credit card companies.
Cheryl sounds super-positive. So will she reveal a profit in January?

As a result the Board now expects full year revenues of at least £24m and a reduced Underlying EBITDA loss of approximately £2.5m, which would represent a 77% year-on-year reduction.

As at 30 November 2020 the Company had a net cash position of c.£8m. December is also an important trading period and accordingly the Company will provide a more detailed trading update for the full year on 21 January 2021.

Ss: I will certainly listen to the interview later. Many thanks indeed.
Debenhams; I don't suppose they actually hold a lot of stock but there could be some short term discounting. One can still buy a Casper and they left in June / July. Feeling sore for the staff at Debenhams and Arcadia..
Quoting myself here, from January: "Jan 7: 'trustpilot reviews for November and December (2019) fell slightly in number, to 2.6 approx per day", so, what a difference now.

Nice round 600 reviews on Trustpilot for November. Importantly, the 'bad' reviews are reducing in number again so hopefully the 'friction points' have been smoothed a little. I remember when 3 or 4 reviews a day (not 20) was typical. Data collection is different but I'm not gonna complain.
https://uk.trustpilot.com/review/www.evesleep.co.uk/transparency