Afternoon Noel. Thanks for your kind words. It is just too easy I am afraid. Some counter opinions would be welcome here. Apart from the Mindset that spew out Muppets , Moon travel and advise posters that the market is wrong and they are right. Even better is the abuse a holder gets if they question the share. Bwahahhahahaha.
Londoner, excellent post and nicely laid out in easy to understand detail. I can get 397.5 for a sale now so won't be long before we breach 400p. Good timing on your buy andsoforth this morning. I have plans to keep spare cash for when an RNS comes out and the market is either asleep or completely misses the point. Today at 7am was one such example. Fortunately I added yesterday as there was already an indication that the results would be good with the Covid update on 6th January. And they did not disappoint. Keep buying!
Bought back in again to average down. Had to pay 112p but pretty sure that these investor presentations will arouse further interest. Not to mention the potential good news that can come out alongside the presentations. Hoping my timing is more apposite this time.
will give way shortly. Funny how quickly FLX back pedals on a rise. You would think given the cheerleaders prism that this is such a bargain that any rise could be sustained not to mind see further progression. I expect to see a sell under 1.3p in short order.
I think you are being overly pessimistic andsoforth and not paying cognisance to the macro picture where many companies have withdrawn their dividends altogether. I think the market is asleep on this one but once it passes through 400p this can move up substantially. Will be adding more.
Superb update and I expect the SP to resond accordingly. I can only see greedy investors scrambling to get some HEAD and I also foresee a happy ending after they get HEAD.
and will add again next month. Hard to work out the outcome but paid 10.74p which I hope to recoup as much as possible and be left with some value in the new entity.
Added more today and will continue though there seems mostly sellers. It gives me a chance to get a decent holding before what I see is an evitable rerating.
more today at 535p. I hope the divi fall is absorbed tomorrow but in any case I will be reinvesting my divis back in when they arrive. I am a buyer at up to 650p and hopefully the rerate is underway. Managed to sell before at 625p but am confident these are undervalued.
The actual spread is "only" 10% Wabu. I sold 30% of my holdings this morning as a hedge. I was hoping more from the masks as it would mean that even Covid would not be the death knell from the company. The following did not sit well with me. The adoption of IFRS16 in FY20 has improved EBITDA by £1.0 million. 2: The adoption of IFRS16 has improved the reported Cash from Operations by £0.76 million. But partiularly this.... Prior to the CBILS loans being secured, sensitised forecasts were reviewed with the bank and used as a basis for establishing the covenants, which apply to both of the CBILS loans. At the year-end actual UK trading results were approximately £1.4 million ahead of the base forecasts at the EBITDA level. In the next financial year, achievement of the minimum required UK EBITDA, without significant further unplanned cost or efficiency improvements, is predicated on minimum revenue levels of £19.2 million.
And losses exceed the assets. Looks like another small sell has triggered a fall as I thought would happen. Still holding 60% but am wary.
Buy in gloom and sell in doom. If the director can get 20m away for at 14.5p a pop I am sure I can get 19.9m away at same price or better. Fall overdone and even the deepest mine has a bottom. I have touched Jay's bottom today I reckon.
Agreed Wabu. Some good news in there mixed with disappointments. Options news out too with at least higher vesting levels. Must have a deep dive into the results but at least not been hit. I expect though there may be a fall on the way.
RE: from the May 28 2020 RNS update19 Jan 2021 21:27
Steph, you are like an expectant father. Look your role is just to wait nearby the delivery room while GROW gets on with on with her gestation. i have just done the 24 week scan and can confirm this baby and the nest egg are doing fine :)
RE: what the hell are these trades????19 Jan 2021 19:35
Oh yes that escaped me Jonesy. I wonder is there a Robin Hood app active with trades on FLX? For some or most of these trades even a 10005 rise would see you lose money after costs. Ridiculous!
but still worth buying. Japan has further to go and the growth in the SP is only reflective of the prospects. Gonna add more tomorrow as I have been buying up through the forties.