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Everything 50% off D-G. Even sleep gifts such as the Morphee ( one could buy these and sell them for more on eBay).
This looks bad to me!
Difference being EMMA has a big parent backer and also is/has been profitable.So they maybe can afford to discount.
https://mnc.uk.com/emma-mattress-acquired-by-haniel-group/
seems to be 50% of every single EVE listed item - even the EVE Sloth reduced to £18.
What does this mean?
.... this seem like a disaster?
I fully think bod and CC and TP caused this by very bad management of the business.
Perhaps it’s a case of management have taken their big salaries these past couple of years and as they claimed to be an experienced team they have now run EVE into the ground and so noting left to hang around for!
I’m so annoyed at our so called experienced management and how they have brought EVE to this!
.... this will have proved to be the last bounce and now fall in SP before we go bust OR will there be a last minute entity wanting to buy EVE for what? 2p, 1p, 0.2p, 0.1p a share?
Just as long as all investors here now know this could go bankrupt and no one will get anything.
Shocked to learn how little your knowledge of the extremely basics of business are Wyndrum!!
Don’t you and every other experienced business person ( hope the bod read this but think it’s probably too late) that one must always buy in a product cheaper than one sells it ( after all costs of sales) in order to make a profit each time and hence stay in business!
Prices/ costs should have been constantly monitored — each and every sale should have always added some cash into the bank as profits — that’s how business continues to function — and without it will go bankrupt by running out of cash / it’s not rocket science to only sell a product each time to make a profit.
The previous CEO before departing did state only spend 1/2 the profits on advertising etc not millions !!!!!!
Unbelievably disappointed in the so called experienced board of directors!
... I feel hoodwinked and cheated by the experienced board of directors who appear to have achieved only to run EVE into the ground!
Where were all the ongoing financial safety checks that any sensible business would have placed within the business plans?
It’s now October and I think the last announcement by EVE management is that cash is to finally run out in October!
D-G. Are you not disappointed with EVE management leaving little logical hope for longer term shareholders - it looks like now sell or run the massive risk of losing everything — what did management do with allowing Shareholders the hope of holding on until the company was running profitable — the long publicised profitability!
So?
.... regarding EVEs business fundamentals today then! What poor management the bod has proved themselves to be!
Think I’ve been calked a ramper, a deramper, and lots of in between stuff too! As a long term shareholder I’m utterly gutted to where the bod have us at presently.
... but I suspect CC, TP and the highly announced experienced board of directors have run EVE into the ground and a takeover is slim at best ( but if so it will be for peanuts). So disappointed in how this bod has taken a potential great company with a fresh start of 8.5 million cash reserves plus a good healthy stock holding into debt and presently virtually to administration!
exactly.
>>>> Yes why the news on Tuesday they were going to run out of cash if a bid or bids were nearing completion?
Either very little hope or something else going on?????
Definitely scandalous if EVE have a bid in the offing after announcing they will run out of cash in Oct — leaving the only logically situation open to long term loyal shareholders ( till now) to sell their holdings as it appeared the only alternative was bankruptcy!
Did you manage to buy in and recover a bit D-G. I think from reading posts YAnis May have sold his stake (or some of it today).
REally annoyed management have put long term loyal shareholders in such a position they felt it unwise to continue holding here!
... nothing factual has changed today about EVE as a business not been run well. ( Just look at some of the TP reviews). Yes a fluctuating SP today caused mainly by day traders but it still looks like EVE will run out of cash ( due to very poor management I think) and the business will not survive unless something drastic occurs. Even a low bid of 0.1p per share, if its all that was on offer, EVE would probably have to accept it or go into oblivion. Other people’s thoughts?