Member Info for DaveT1

Like Senator said, the drop was overdone the shorts were basically betting on B&M going bust. The SP was 350 last year and 550 the year before last. Even during Covid lockdown the SP was higher than this so I'm hoping there is still quite a way to go in this correction.

It's a good job B&M have twice as many stores as HB then. There's no chance of them going under like Poundland.

Been a tough and weird couple of years for the whole world, hopefully the CEO's targeted efficiencies will keep B&M on track. It will be nice to see a dividend without the withholding tax!

Where I live it is the exact opposite, HB doing ok but B&M always busier.

Have a read of the last RNS

Funny there is no mention of B&M in their past accounts. Feels like a couple of chancers trying to pull a fast one.

Fortunately for investors B&M is nothing like Woolworths or Wilko

The British and it seems the French public love a Bargain.

It needs to be back at over 20p before it can even think of spiking.

Their tiny 'position' was quickly scooped up by the likes of Barclays. Just very poor fund management by PM, they should have waited for the deeper-dive which found no further issues.

Quite happy with the update. Don't mind them spending in order to accelerate clearing out the rubbish.

Good to see nothing further material worth reporting from the E&Y investigation.

Still generating great revenue and cash especially at this M/Cap.

The Government should introduce a 'shorting tax' - win or lose tax first if you want to short a stock.

Yes, 191 is there exactly as forecast.

It's a shame the re-domicile hasn't happened yet but happy they kept dividend and still pay out 40 - 50% of of after-tax adjusted earnings.

But it's only 7m boss

Get out you're fired.

Still good earnings and profits especially at this share price.

Well it certainly seems the new CEO thinks they are great value at this price.

If I want something nice and posh to eat I'll go to M&S, if I want bread and milk I'll do morrisons or sainsburys but if I need a lightbulb or a 4 gang plug or less expensive branded dog food or cheap jelly beans or paracetamol/ibuprofen then B&M's is the place to go.

Market sentiment has put the SP here, and now it's a real bargain (IMO); I'm sure the SP will eventually rise again.

Maybe need to pay a visit to Oak Securities and Portillion in London and ask them directly WTF they think they are playing at.

It's been a great trade over the past year despite the ridiculous spread. Too much NT to buy or sell manipulation by the MM doesn't help either.

I've held Distil for 6 years but have sold all now after some furious trading to get my average down. I don't really understand the movement recently, yes we have a £3m asset in Ardgowan but the only other things we know are coming are a poor set of final results, a fundraise of sorts and a strategic review. Great that we have no debt but given the last 2 raises diluted so much and virtually gave away the company to a couple of holders, the strategic review might well decide to take it private. I sincerely hope the company does well and remains listed and that the Ardgowan connection brings a bright new future - at that point I'll happily hold again.

Good luck to all holders.

Crappy journalism. Over £300M free cash flow is a nice trouble to have brewing.

Closest spread I've seen here in a long time (.182 sell and .190 buy)

It's utter madness, the results were ok especially given the current environment. Anything under 300p is a bargain.