What’s going to happen tomorrow? Anyones guess.
Agree re, clipper, whoever signed that off needs ther head looking at and head office to a certain degree, it wouldn’t have been an issue if the world hadn’t turned on its axis.
Investment from next is a master stroke and as I said before we will see £2 plus over the next couple of years.
Simple cash flow issue, two mistakes, garden trading and new head office. Should have raised money for these 12 months ago. None the less a good company, easy fix. I don’t doubt with the longer term of maybe 2 years these will be above £2
Just hit the 50p mark, where will it stop?
Very little downside. I can’t see shareholders accepting a low ball offer. This will make other options come to the table. On the other hand with next backing can only see this going one way longer term. Win win.
Tomorrow and the next few sessions could well be interesting
It will become interesting if another retailer throws there hat in. I can’t see Tom Joule being happy with dilution at this price level.
Not sure on your numbers but the deal won’t be done on a market cap of 37m of that I am sure.
Thought they paid £33m for 25%? And provided a 10m loan. Turnover not too different to joules
Sure is, I have no idea how this will play out. I don’t think Joules are as desperate as is being made out. Could be a while before anything official. Wonder if this May flush out another suitor? Assume this will be a placing at a premium? Thoughts?
Next swoops to take a 25% stake. Knew corporate action was on cards.
Hoover out again after the bell.
Don’t sweat the daily’s
Just a hunch or do you have a source? Not sure about it to be honest.
And another 200k, unless it’s corrected. News incoming
200,000 share buy at full ask after the bell! Going places Monday
Sure Tom Joule would fight any takeover which would mean a higher price?
Drop well overdone, no reason why this won’t recover to level pre kpmg leak. Nothing has changed here from when the sp was £2.
Sorry should say ‘ plenty of news to come, new share buyer, new CEO. If the CEO is a big hitter then that will give a good boost, even more so if he / she buys shares.
Lenny of news to come, new buyer, new CEO.