Member Info for Franalex

Afraid this whole saga is beginning to remind me of the Marconi debacle at the start of the millennium. A diverse business with a share price over £12 and market cap of c£35bn that was too big to fail with too many high profile contracts, but it did. It presented “huge buying opportunities” as the share price hit £8 then all the way down and at a £1 the prospect of massive profits, not the losses that was reality. Lost far more than I could afford at that time and new investors should read this well documented case study before trying to catch falling knives.

Graff

Done my own research which has revealed that you have continued to post speculative rubbish for months. Just hope that nobody believed posts that were so removed from reality.

No idea and have to question their role in looking after clients funds when all that has been delivered is massive destruction of shareholder value for year after year accompanied by some shocking performances in presenting results.

100, there have been many things that were going to change the direction of the share price, all the way down from almost £8. Nothing has done this and nothing will until the business is run by an individual with the capability to run a quoted PLC, an independent Chairman and a competent Board.

Surely everything is wonderful! . Every single comment on his LinkedIn page tells us how great he his and how well things are going.

Not surprised at the news, merely confirms what many of us believed that the statements made to fight off Ashley was wishful thinking to protect their own positions.

Yes if you look at his LinkedIn account it is full of fawning comments with absolutely no criticism, which given the long term and continual destruction of shareholder value is amazing. Can only presume that all those posting are not shareholders, or have been given shares for nothing.

It is the same at every presentation to the City. He is dreadful at it and the share price always responds negatively, but it’s always someone else’s fault.

The one absolute certainty is that as soon as he opens his mouth in front of analysts, the share price will fall. It has been this way for years.

Eviking. When did you see the credit?. Have checked my HL account this morning and still not showing.

I have spoken to them before about delayed crediting of dividends and takeover proceeds. Always the same reason but they can never explain why another broker seems not to have the issue.

And that is pre tax profit and growing, as is the dividend, which is far more per share than the Boohoo share price. Revenue is much higher. That is because it is a well managed, multi-distribution retailer that has enhanced shareholder value over many years. In other words everything Boohoo that Boohoo is/has not.

Before believing in the infallibility of gold, look at history. I was invested in physical gold in the early 1980s and “it could only go one way”. But it didn’t, and fell 55% in 12 months, did not sell as it was always a temporary blip. Took well over 10 years before it recovered. Still hold these Krug’s but after 40years they have delivered an annual return of 7%, even with the current spike, with zero yield. I have taken up this placing but it is still a big gamble and I can afford to lose it all.

As a long term holder, I am beginning to have concerns. Have been a regular purchaser for years as they offer much better value than the traditional card sellers. However, recently 2 of the big health charity shops in the town have a small range of cards but of better quality and at a similar price. Nothing like the range but probably serve 80% of what I buy and I have switched. Went into Card factory earlier this week and it was busy but almost the entire shelf space was Christmas (probably understandably) and could not find what I wanted so went elsewhere.

Only hold 2000 shares on HL but effectively looks like shareholder wipeout. Dealing costs will take most of the proceeds on a sale and ADR option not viable for such a small holding. Have expected this loss for a couple of years, inclined just to keep shares to be a nuisance.

Have I missed the bit about the significant reduction in Directors basic salaries reflecting the reduced revenue and massively reduced market cap of the business? You can be sure that if it had gone the other way they would have been demanding (and getting) much higher basic salaries.

Zalando not without its own problems and investor pressure. SP down over 75% since 2021.

Remember seeing an almost identical post when it fell through £5. Just can not see who will buy it even at these levels. The great white hope for ASOS, Boohoo, Revb and to a lesser extent THG, has been Ashley but even this potential suitor has not stopped the share price collapses continuing. Fear that this business model has had its day unless it is huge, global and efficient.

Another day of unlocking shareholder value. If there is any bad news whatsoever in the results it is difficult to see how this remains in double figures.

Toplocks,

Sort of agree with you on Crypto and have only gone for Bitcoin and ether and now out of both. Bit too easy to exit Bitcoin which I did, with hindsight far too early, at $60k having bought in below $10k. Stark comparison with my Revb 90% loss.