At what price is JKX profitable?
Thanks in advance
Photos popping up on twitter of the new product! Exciting times ahead
boon, when put like that i don't think its to unreasonable, ideally if they can do a skinny tan offer with a half price "nuthing" to get them in the door then should fly out the door, that the bonus of having their own dtc, full control
be interesting for an update on the prolong sales strategy going forward- CE mark for uk/eu etc, expected anytime surely?
John- tbh I’m not exactly sure on the process but have seen similar situations to this? I’m unsure on how they hold and do not have to disclose positions, saying that technically any position under £240k based on £8million cap wouldn’t have to be disclosed (3%) I believe. Edale took 5/6% ish I think to bump them upto 9% - still would have to have been spread between quite a few high net worth individuals to soak it up without anyone going over £240k
Probably shuffled between brokers, phone call saying we have ceo that wants to dispose of £1m + and is happy to take 25% under market value. Hence the large trades that popped up at mid 40’s but no chance of buying any down there
Can’t seem to find the ad now- if you head to their Facebook page you will see a Few of the current ads, basically Black Friday deals- everything £10 or less on their website, max 5 items pp, items selling out fast- I know technically they have to sell 3x normal volume to get the same profit but hopefully draws more new customers that are happy and repeat orders
Looks like there current promo has gone viral. - Facebook ad getting great comments, even items out of stock on their direct website
He’s gone! Good news!!!
Yep that’s him- hopefully he leaves , pr*ck £1m sell
Before dawn and all that... holdings rns will put this straight in the next few sessions- got to be safer than some oil play out in Nigeria surely. Uk business - supermarkets boots- Superdrug, currently just lack of trust and a few large sellers- great having a exec with skin in the game (30%) but all goes down the pan when they want to sell any
I doubt it’s him- miton still had £400k ish to dump before yesterday If it is Haris then we have a painful few months to come
We best get a holdings end today- miton can do one
I’m pretty sure the new product is a moisturiser line
Definitely think it’s miton selling into the volume- well over 175k in large sells today, good job to get them out