Member Info for ForeverNever

Let's just look back at the new article from April this year...

https://www.standard.co.uk/business/why-soaraway-next-should-buy-ted-baker-b927496.html

I like this bit:
Furthermore, Ted is currently only worth £213 million despite having similar sales to Dr Martens, valued at £4.5 billion

Only just sitting above 200m gbp market cap. Peanuts.

Once management have established themselves and proven they have a turnaround story this could go anywhere.

I went to their Westfield store at the weekend. The manager said they had been busy all weekend and didn't have a break from the tills.

I ended buying the misses a jacket. 350gbp but had 40% off. I was suprised by the discount as I thought they were not relying on discounting so much.

Range of styles and clothes we're still very good imo

I guess there will be no santa rally in 2021! This covid business stinks!

This is a growth stock. Not a dividend paying one. Too many things to invest in and grow the business.

Dividends and discussions on it are for those who don't understand the business model

SHOE still gunning for it and I managed to add another couple of tranches this morning in CARD now it looks like debt issue will be fine.
Couldn't buy at the bottom but feel anywhere round these levels will be a distant memory next year.

I'm all for two sides of the story but this Sain guy has an issue. I guess a previous employee or had a bad experience through selling a property.
I only brought in for a bounce which I still think will happen but maybe longer than I expected. I have actually just used the filter button and wow what a nice place this is now.

Purp bricks has nearly 5% of the market. They will have their issues but will recover I'm confident. Moral on the SP is at its lowest so as the going says buy when others are fearful.

I do see reason why others would sell right now but for me the risk reward ratio is far greater buying at these levels and that is what's its about.

Mainly their growth plans and further acquisitions they want when they have no money. We all know its dilution on the cards. I tried telling everyone this but was ignored.

I'm not here to deramp, I saw what was happening and that the company was being ramped too hard which made a nice easy couple of trades thanks to everyone jumping in.

With gold proce on the rise and the SP slowly drifting it I would be looking at buying in again BUT dilution around the corner I will likely hold out.

Their market cap is small so even a 5m call to shareholders will hurt.

BB - I always use to enjoy your ramblings. They are now just getting boring and rather repetitive.

Sorry old chap, maybe you have been on the vino all weekend ??

A couple of years ago my brother and I were selling our homes at the same time. I went with a traditional estate agent. My brother went with PurpleBricks.

The result was I paid several k more than him and they took just as long to complete. The only comment he had was that he felt he had to push things along a little. But in the end he paid a fraction of my costs and next time i move will deffo try them

I honestly do feel there is too much of a gap between local agents and PB. I think PB need to up their game a little and start charging more. They will still be miles cheaper. A few hundred pounds even would have a large benefit to the bottom line and I dont think it would make customers go the other way...

So basically from chart perspective it has tried to go lower but cannot. Should push higher then.

These buying opps dont come often. As long as you are prepared for the volatile movements you should obtain some good returns.

It was all doom and gloom when covid hit. That's where we are now SP wise when everything was shut.

Just as a complete interest. The share price is at rock bottom. The cash is great and Purp have been making some significant business changes for the future development and profitability.

I am seeing buys and sells going through. But I'm really interested to know why people are selling at these levels. Anyone there will to help me understand.?

Sorry - no idea what you are on about. Why are you bringing other businesses into topic?

There will be no special dividend, utter madness to suggest that right now.

Growth plans and stability in business first.

This money is for investment and growth of the business. They will not return to shareholders until the business is standing on it's own two feet and bringing in more money than what they know what to do with.

Looks like we may have caught the bottom yesterday. Now just gotta wait for everyone else to see the value here at these prices.

Netbox - from my perspective for AISC you have to play a factor for economies of scale. Therefore if you produce 1oz your total AISC would be far greater than 1000oz. So my issue is they have plucked a very convenient round number from the air without providing much substance.

Have they actually said the plant costs are 700USD oz. If they have then I take it all back. I read the results as smoke and mirrors. They knew they were not going to get anywhere near their AISC tagrtet so threw in a load of plant costs. If they wanted to they could have reported that on another line and give us what their AISC are now so there is a good understanding of what the future will be like not just what they are telling us.

Next up is they are throwing everything at growth. They may well hit their 1000oz target for dec but at what cost? Pointless to continue if what they pull out the ground costs the same.

· Reported operating loss for the third quarter €452 million

Hi Suggins.

In my eyes if they as in the company (gcat) repost then they need to be responsible for the content. This was also just a tweet I picked at random.
Bullish on the company yes. My main concern has been there transparency and targets. They have tweeted 900usd an oz AISC in the past, they set an expectation and now look. Bareley breaking even.

Just my opinion of course and wish you luck with this investment. Just hope not too many brought at the peak.

Cheers Netbox -

I hope it works out for you, I really do. I love hearing stories of people making money.

I try to be transparent and agree everyone has different views. Mine are just different to the majority on here. Not saying I will end up being right all the time...

Hi Suggins:

Ok so the 900 usd is a long term target. Reached by when as this isnt very clear and noted on numerous articles and feeds. Here is one.

https://twitter.com/CaracalGoldplc/status/1439841040182267907?t=rl6sHxm7pl_31-sKsHR4Ew&s=19

Just for fun I included this Tweet as it was in Sept where it is mentioned:
Already producing 500oz a month
Aims to target 1500oz by Dec

So growth is somewhat stalled as latest numbers is still 500 oz and some change and the 1500oz has already been trimmed to 1000oz a month. It's also very strange isnt it that they have gone from tweeting the AISC to the cash cost. Quite different metrics would you not agree?

As for the 100usd saving an oz we have to go by their word I guess. Quite a nice round number wouldnt you agree. Also seems to imply its 100usd saving even if they were extracting 1oz of gold or 1000oz...again all a little washy.