Member Info for FootieladBaz

...are not half bad! Everyone's been talking NXT down but total sales are fractionally up and guidance figures for Q4 are improved and estimated annual profit figures remain steady - what's not to like?! My own straw poll of visiting several Next stores recently found busy stores with customers shopping. It's a good long term hold for me. Enjoy the dividends and enjoy steady increases in share values over the long term.

Absolutely not true - careful what you post as could be viewed as malicious! RNS yesterday referring to positive position with lenders. This is onwards and upwards with Kaz now..and I'm happy with my 70k worth of holding.

To quote the great Judge Judy about this position that JP Morgan have suggested: that's a load of baloney! Look at what they've said with the use of the word "potential" and reference only to X number of days movements over the last period of time. This is simply a mathematical analyst talking and not someone that really has any considered interest or knowledge in what's happening to our mines and what may happen in relation to results tomorrow.

The Nomad won't do anything as they've walked away. As for the current and old BOD, shareholders and/or creditors could seek damages if they can be considered to have made a fraudulent or negligent misrepresentation in the course of negotiating a contract between the company and the third party (eg BS) - but who's going to pay the legal fees for that?

just topped up with another £20k. Hoping for good trading update later in the week.

Sad to say guys but the 10th November is D-Day. Delist day will mean New is no longer attractive for an RTO and will mean shareholders are wiped out if the BS loans aren't returned. If a miracle happens and BS pays up in the next couple of weeks then New can come out of suspension with the hope that the shareprice wouldn't fall too much as there would be a high 6 figure sum in the bank. With the loans NOT paid back New could come out of suspension (fresh Nomad permitting) but the shares would crash to the remaining cash value - perhaps with a 90% loss on current value. In my humble opinion, everyone needs to prepare for this one to be written off. Most of us have been here before with Aim and here we are again.

He is the mess that New is in as I see it in relation to Big Sofa. Anyone reading my previous postings will know that I have been very concerned about big sofa and their accounts. Firstly they have no money, secondly they have had money from Coutts and New and still seem to have no money. They filedtheir accounts late without any mention of a future with New or anyone else. I have just read the 48 page debenture charge that New has over BS filed at Companies House. Nowhere is there any mention of any personal guarantees from directors. This would be something any bank would ask for but we have not. If big sofa go belly up by running out of cash or any other way, yes we can act as receiver - yes we have charges over all their floating assets and more. However, if nothing is realisable then we have no one to go after. Where is the logic in that? As for Coutts who's charge has been registered in January of this year, you can rest assured they would be organised to make a first claim on anything left. People may say I'm a doomsayer, but show me the evidence that the BS is ever going to pay the loan back as they're already late and is BS worth anything right now - with no access to funds...I'm not so sure.

so guys, the accounts tell a story to those of us who know what we are looking at. Firstly the huge omission is a lack of directors report in the abbreviated accounts. With abbreviated or full accounts, the directors report shows shareholders and anyone interested in the company, how the directors feel the last year has gone, but especially how things are looking for the future. This omission, bearing in mind the huge input of cash from New, is really telling a big story. No wonder they filed late. They knew exactly what they were doing. Throw into the mix the fact that they only have £460 in the bank despite getting in many hundreds of thousands of pounds through crowdfunding. And then a 365,000+ loss for the year. Somehow I doubt that New will even get its money back- they'll spend our cash and need more. But will they ever raise it? what do you think?

When I expressed concern more than 2 weeks ago about the Big Sofa accounts not being filed - now we know why they weren't. Nothing to do with bullshit about FD baby births! In the Directors' report you would expect them to look forward to the next year and give details - clearly they knew then this wasn't going to proceed. Bad form.

Yoshie - please advise where you're seeing Big Sofa's accounts, because as of right now they're NOT showing as filed: https://beta.companieshouse.gov.uk/company/08687045

In case anyone missed it..here's the link to Big Sofa's fundraise on Crowdcube a year ago. https://www.crowdcube.com/companies/big-sofa £715,000 was raised and this should be shown in the accounts not yet filed. Interesting that they are now using our cash having raised that just months before. Anyone stumbling across a Big Sofa executive might want to ask how the management accounts look...

Exactly Barlo. If things are good you get your accounts out on time or even early to show the world how great you are. Even if your accounts are a bit patchy, if you have an upbead Directors' report then that shows a positive look towards the future. I'm beginning to suspect something's fishy!

Apology accepted - at least you're man enough to apologise! Regarding accounts and any other filings - keep a check on Companies House because everything is filed online these days and they update usually within 24 hours. Also their new beta website allows you to read all the filings/accounts etc in full without making ANY payment. A great service to the public. All the best Baz

Sorry to tell the truth, but BIG SOFA accounts have not been filed and are now 4 days late. Here's your evidence: https://beta.companieshouse.gov.uk/company/08687045/filing-history

As I stated last month...BS have failed to file their accounts on time. in view of the intensely close relationship with NEW this seems irresponsible, reckless and dare I say it...suspicious. Make up your own minds but I'm concerned that BS have been giving us a whole lot of BS...

Every private company has to publish its accounts. Here's the link for when they do.. https://beta.companieshouse.gov.uk/company/08687045/filing-history

Come on Directors...let's have a chunky 1m share buy back this week to bring some confidence back to this wonderful solid company of ours.

BS accounts are due out by Friday 30th September - hopefully not late or that sends a poor impression. But I suggest everyone has a close look to see how they are really doing (up to 31/12/15) and how much money they're really burning through their process of expansion.

20% more buys than sells. The FTSE is up not down. Online is strong here and ASOS is up 4% today. Have we turned into Millwall...everyone hates us? What's going on...any thoughts?

Not too bad figures when you factor in the jolt generally in the market post-Brexit and that June was the wettest month on record. Throw in John Lewis's disastrous 75% drop in profits for comparison and we really have done pretty well. I hope the Directors see this as a huge buying opportunity and step up the buy back. For me this is a long term hold and is steady-as-she-goes.