Member Info for greenspot

Whilst we know there are headwinds, and nothing is certain, it is pleasing to see we do have upward momentum, and indeed if you’re a shorter you should review your position imo. This will bounce around and may meet a bit of cloud before breaking the 1.60 mark, but it will. The doomsters will be beaten, and if you are prepared to hold for a couple of years I have no doubt it will be worth it. I am almost at break even point!

This is one of the most active boards on LSE and has become increasingly an echo chamber of the hopeful and delusional. One of the genuine highlights was the organisation to try and get a board resolution passed last year.
1) World leaders are at COP 27, inc U.K. PM and NO appetite or desire (at least publicly) for new oil and gas, so I assume all the keyboard warriors have
2) written to their MP’s and Government ministers, recognising that whilst we all want a greener future, in the short term oil and gas are needed, and we need energy security, so as an interim let’s develop sea lion
3) we need extra cash for public services, with oil prices high, the tax from sea lion will help NHS etc
So instead of being in an echo chamber, take positive action, there is little chance of sea lion happening, whatever this board thinks… just take a look at the last few years to see the results!.. I bought at £3.40 on the “promise of plenty of upside” and sold my last small trance at 12p… these are the facts…
Sell up, out your cash elsewhere (I am 30% up on IAG this last 6 weeks alone) and leave this to the dreamers.. don’t go to your grave saying “if only I had…”

Really… really?.. a bounce back to close to 13p? On the basis of what?.. I read with interest how many though it would go to 30p on the back of arbitration only to go to 15p. It will be 6p before 15p!.. Like many of you, I have written to my PM extolling the virtues of FI oil, energy security etc etc… new oil has no votes apparently so no political support (from any party)

Get out whilst you can.. 6p coming. Plenty of options to put your cash into, but holding here for jam tomorrow is for the birds. Look at the track record…

They will definitely run out of cash, no new markets, no new sales initiatives, weak leadership that have been there far to long. Compare with say Mamas and Papas who have announced a new M&S partnership.

This is a pretty sound performance with a prudent outlook. Responsible in my view with plenty of room for upside. Inevitable drop in early trade but expect this to come back strong. This mild October will help consumer sentiment re lower heating bills, and fuel and food inflation will ease off into Nov. Less bad debt than forecast as a result

Tread cautiously with this, cold facts are they need this as they are running out of cash, and can’t be certain of a cash award anytime soon from OM..
This is a slippery slope, be careful…

Looks sensible, it’s a stock with no sales growth, no real U.K. presence, exposed to the Russian market, no new international partners and high debt, could disappear entirely this year?

Last 20000 shares sold, this will be 2p then bust. best wishes everyone, it was worth a try, but having listened to SM yesterday no confidence or hope.

... very, any views on what is driving this as not aware of any of the fundamentals changing?...

Time for a change at the top?…

Cubane1 I was at the AGM and asked the question, your recollection spot on, and it’s in USD for clarity

RNS to me more like moving deck chairs. Until there is firm news on improved sales and margins, with a reduction in debt, and a clear plan to grow the business this will continue to stagnate or drift lower.. 13p then 12. Current leadership may have “saved” the business to fight another day, but not sure they have either experience or a track record in growth. Fewer international markets than 3 years ago! In the meantime Babyshop growing v fast in Middle East and beyond.

With global clothing sales down due to CoVid restrictions etc one could assume that franchisees may be sitting on lots of stock, orders for upcoming seasons may therefore be lower which in turn may put pressure on the viability of suppliers with lower production runs, or higher costs to produce the lower volume. It may be a year till the picture becomes clearer. If Boots tho flies then maybe a different story?.. Takeover unlikely due to Pension.. “treading water” stock in short term?..

Agree!

Don’t worry, just another false Dawn, this oil will being staying put.

Unless something materially positive eg new CEO or new franchise partners I guess we have to wait till next trading update which will still have CoVid impact so my guess is a gradual downward drift to around 13p until new news. Had hoped to be mid 20’s by now. If Middle East and Boots kick in we will be ok..

Genuinely deep down honestly does anybody truly think this is actually going to happen?.. so many ducks to be aligned and straws to be clutched..

Agree would be nice to know, maybe current team doing ok without a CEO, big call to get right person and still a potential takeover target in my view so who would want it?.. sales update will be interesting

Sounds sensible to me, if £2 becomes the new “floor” this week, where next in short term?.. £2.20 by the Autumn or is that a bit conservative....