Member Info for Ejackson

Next step taken care of.
Now for a healthy TU please

I would agree Skindle.
With the sale of Education, we will be an almost pure etailer with debt (which was already manageable and falling) being paid down further, a pension deficit looking far healthier than it has for a long time, an injection of working capital going into the most profitable and remaining part of our business backed by an excellent Board that has demonstrably proven they know how to drive the business forward.
You have to have had a thick skin to have been invested here in recent years but I cant help but feel our moment in the sun isn't too far away. When the market catches on to how different the company is and what it is achieving, we really should see a re-rating and just maybe, Edison's valuation might be achievable.
If previous years are to go by, the next TU RNS isn't far away so we will gain a clearer picture shortly.

https://www.edisongroup.com/company/studio-retail-group/2061/

Not that we have ever come close to their previous valuations but can't do any harm.

Some reasonable sized sell orders going through. The last time this happened, Schroders announced they had topped up.
I wonder if they are nibbling again?

Given how previous years updates from GW had referenced Brexit as preventing commitments being made to the placement of orders and how well we have done in the intervening period, now that the handbrake of Brexit is removed and coupled with how positive the last RNS was, surely this is a company that is set to shine and our SP is woefully short of where it should be and indeed where it is heading....

A useful reference point for Mr Ashley should he decide to engage again at some point in the future.

I will reserve judgement until the next RNS in mid January giving some actual numbers for the pre-Christmas trading period.
Initial guidance suggests this will make good reading and we could see the market respond positively.

After a promising and I felt justified rise in the SP following today's RNS's, we appear to be back where we started. Meanwhile over at SPD....

Agreed 1GW.
As Skindle also states, I think that is an excellent price for Education.
The PPI continues to rumble on though and whilst everything else looks positive, there may still be an uplift on the provision they have made.

Note to self....don’t play poker with 1GW....far too shrewd particularly as I am a more ‘all in player’. Your investment strategy has served you well and again, a very understandable decision when it comes to this company.
Thank you Skindle for your post.
Fingers and toes firmly crossed for tomorrow.

Onwards and upwards!

There is no denying the recent positive move in our SP Skindle. Here's hoping it's well placed and we have some pleasant reading on Monday.

I’ve just noticed SPD are also reporting on Monday. Coincidence?

....that after such a major contract win together with positive guidance on current trading, we see the SP retrace by 15%.
To be at 5.75p even taking into account the debt owed to Gordon Watt, feels like a major disconnect to fair value.

Excellent news and I do hope we get a re-rating to this level as the figures suggest we should now be at 10p particularly given the bullish statement re: forward orders and enquirys

Welcome news indeed and one would like to think that the Board have collectively smiled when Schroders asked how things were going before nudging up their investment.....
Fingers firmly crossed for some very positive news on its way.

There appears to be some steady and in the context of the size of the company, reasonably good sized buying going on in the past couple of days.
A prelude to some good news and decent rally on the SP pre-Christmas?

It was early in April 2018 when we last saw an SP of £10.
Here's hoping this becomes a solid support level and we can see some good forward momentum.

I believe we are having a blue day.

I am enjoying the moment as with night following day.....

I am struggling and becoming increasingly concerned with the constant drift downwards in our SP.
With regards to PPI we were given guidance on the late upsurge in claims so they must have known a worst case scenario and factored this in to the figures provided?
Current trading is what I keep coming back to and I have this feeling that with all the distractions of the General Election, things might have slowed up.
Whatever it is, the SP heading in the direction of SPD’s original offer is just playing into their hands and that really does make me nervous about what might happen next.
All vEry frustrating as I really felt we were on an excellent and prosperous future path but the market, who has a habit of being more right than wrong, appears to be pricing in some uncomfortable news.
I really hope We will be discussing more positive news soon and we see healthy bounce in the SP towards previously achieved heights.