The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Short term it is any game here but i think it is pretty obvious this covid travel scenario is on a change mid term. Travel will get back to norm in 2- 3 years. hopefully sooner. wouldn't stick a house on this but i'm in at 120 for the long term. Cash burn will suck at 4B this year but we know this and are liquid enough now. But expected to be only 4-10m loss in 2021 and back to profit after. Serious takeover material if the expect scenario plays out. You'll be laughing with divi back in play if its £5-8 in a few years. Not a dreaming scenario just not a short term play.
I am still waiting for my dividend
Its probably something to be more cautious over when CEO's do this. Whilst you can trade a 10% bounce out of the rns, when execs buy after a profits warning etc and its heavily shorted. It's just false reassurances to try and prop a share price. I remember Terry et al propping Quindels after their first major short attack and a few others have used this too
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Huge delayed trade. I saw the 50k on the buy order books at 37 yday and 100k at 33p this morning. Kind of explains the drop
They said they were gonna get someone to look at it and put it right but that was at 8 o clock may have been sorted by now, but got mine by phone at the same time so I have no complaints :)
Only joined iii yesterday and bought in today, but you need to phone up though
From the face of it perhaps. But the idea that an average individual is driving this is not the case. Also its not necessarily footwear and sportswear? I don't disagree with you that in terms of wholesale to retail is needed, but your point seemed focused on the individual shopper hence my response and trust me in those areas from your own video do you see the same culture of online shopping as we would over here?. The mere lapse in response is for other reasons ;)
Also just out of interest where did you get the 30 MIllion figure? and is that in pounds or RMB?
I understand your points coming from a western retailer perspective, but the Chinese consumer is completely different to West. For instance in Major cities it is always about branding hence burberry and apples top customer, and that's not just due to wealth or population, but homeware is incredibly cheap £50 for a sofa that would cost a few thousand over here. The Chinese will probably never embrace online shopping to the same extent as the West. The cramp living and show off culture (outside homes) makes shopping feel all the more impressive in a status driven country. Regardless of Naibu being an affordable brand the shopping out sentiment is still a huge factor against online shopping. This is from someone who is a HK national. Online shopping is on the rise due to wealthy areas , but perhaps not as important in Naibu's case In terms of the Factory I don't know too much about the exact reasons. However the rates of pay in Sichuan are some of the lowest (on average) in China http://www.clb.org.hk/en/content/wages-china. Furthermore there are some major cities nearby such as Chongqing with populations of 28m Chengdu with 14m. Indeed Sichuan as a province is the 4th most populated region in China (and not as wealthy!) http://china.org.cn/top10/2011-06/10/content_22757240.htm (all figures from 2011*). As shown by your video of Dawu, the Chinese infrastructure/roads is fine and whilst the countryside is dominant, this doesn't affect using low cost workers in reasonably populated areas to supply an area and customer without the glitz and wealth of Shanghai or cities a like It also keeps in control wage and commercial costs, the general area is ideal for NBU's marketing in my opinion.
Bill Gates has just increased his amount of G4S by around 6 million, does seem like quite a bargain for the long run but will wait watch for some summer news to see if its worth holding over the sunny season