Member Info for deepjoy

Strictly ... yep I get it even if I don't entirely agree -all the best with your investment. Its a hard market out there for everyone.

They haven't deployed the cash because expanding the current business model through capex on such margins could result in a potential need to raise in the future. It is reported as Ebitda positive for one reason only; hide the lack profitability of what is a now a more mature business model. The margin here are like a supermarket - wafer thin. Hence why there is a lack of II's here. Not saying its a bad investment at this price; just not a compelling one.

Ricky... be careful. The cash orph hold is for one reason only. EBITDA is used to make the books look better. The cash held is to absorb the loss and hasn't come from cash flow after all has it?. Good luck thou

I thought it was worth 12p base case on current reserves ?

They may talk hawkish but the reality is that the US economy is beginning to get hit. 22yr low in Mortgage applications just been reported and average rate at 5.4%. US 10yr treasury hit 3% which is causing pain even without two further hikes. My money remains firmly in the PM space for the foreseeable. Going to be painful the next year or so but as always the FED will re-start asset purchases .. Seems our rishi is always keen to spend what we haven't got.

up we go !!

sells going through at 9.35 now.. higher lows since 15th May. A little cheesed off I didn't trade this at 12p but hey I'd have probably messed it up anyhow. SP looks more stable and can't get much on the buy side. Optimistic for this company and the spot price this year.

Not a single trade in two hours ! that is reassuring or not depending on how you look at it :)

Agree.. I suppose he wanted to demonstrate this is a company that is not a flash in the pan with dividends and will try to sustain them. must be confident on the funding front going forward; or he is a loon !! :)

buyers stepping in on the support line here.... encouraging but patience is the key.

From shares Mag today - Shore Capital commented: ‘Despite the uncertain economic backdrop B&M is confident it is in a solid position to continue to grow profitably in the UK and develop the French business in the long term.’

Though the shares are down sharply year-to-date, the broker stressed B&M is ‘firmly in the retail value for money camp, which is a virtue, given the cost-of-living squeeze expected this year.’

Liberum Capital argued this morning’s share price reaction is ‘overdone. B&M is a significantly improved business compared to pre-pandemic and remains favourably positioned to take share in a consumer downturn’.

I don't think it was too high.. The morning was the shorter's algos taking it down. The forward PE and yield is still a great investment in a quality company. 30% drop in two months is way over done. I remain bullish (even if I am the only one) :)

yep you are right..but ...I do and just doubled up :)

looks like I am buying more today then ...nuts

and a rather bullish forward looking statement also compared to other retailers recently. Pleased overall and the CEO appointment will help allay market jitters. :)

On the opposite side of the debate is the inevitable reduction on media ad spend by companies as margins are hit. What happened to Snap is not in isolation. It is going to hard in this space going forward. GL

this is way oversold and shorted but I reckon we found our base the last few days. After MKS and Pets results today it is not all doom and gloom in the sector. Looking forward to results next week now.

more date just released to show US economy and housing market slowing ... UST bill yield down to 2.75. All gold for gold; just need the $ to weaken which in will in time :)

Well there is a short position in play (5%) in keeping with other retailers. bottom line here is that I am working to a pre-pandemic level to call the bottom. Will double up if we get there and do nothing if we don't. Can't see next weeks report being anything other than business as usual.

Condor gold are not a producer to date and have no revenues just funded by raises- apple and pears spring to mind in that sort of valuation comparison. Greatland is selling the family silver in shares to hang on to a promise. End