Member Info for gregpeck7

No idea if this is true but maybe they stock less beds and hopefully people are buying beds and mattress as a pair which would be excellent. The majority of their beds are out of stock. Not being able to keep up with demand is a problem I’m happy to have!

As with most things in life probably a bit of both. Looks a very good sign though. Clearly beds are selling well.

Another £1000 bed... The storage one this time....

Sold out. UK King
Sold out. Super King
In Stock only in UK double...

65 reviews - average 4.2

They are absolutely killing it clearly.

https://www.evesleep.co.uk/products/the-spindle-bed-frame?variant=31961470500915

Sold out. UK King
Sold out. Super King
In Stock only in UK double...

10 reviews all 5 star....

Sold out.

Looking at the chart it looks to me like a breakout is about to occur. The top of the rising channel has now become support (before it was resistance) . I cannot be sure how long till the next move up, personally I think next week - but I am quite likely to be wrong potentially, but the chart does not usually lie. A move higher from here I see going to the 8 - 10p range. Which will start a new wave. Although this area is sticky, I think 6 / 7p wont be...

Next week could be very very interesting. I intend to add a small amount more.

Agree - and I have.... I wont engage them here at all...

Mannan, so funny to read this utter rubbish. People here are not stupid. Click my username, look at my posts and they will clearly see I am not ramping this anywhere. Or ADVFN... In you mind I am but that is the only place. One factual post here today IMO does not constitute "ramping". Yes I am very happy though with how EVE has performed on what is generally a very poor day for the markets..

Added another 55,000 this AM... Looks ready to turn to me.. Chart very positive. Previous breakout will make the next move a lot easier. Still cannot believe 150m odd shares traded in the last week and no TR1... Yet.

Great post ( not by me ) on advfn this evening.

LemonLynn 'AKA Chickendinner1' is back I see. He is looking to try and bring the price of the stock down presumably as he has a short position. All he can come up with is 'this is broken business model - pump and dump etc etc' Please ignore him. Just focus on the facts - this is a business with almost £9m of cash in the bank. no debt. strong growth. just about to move into profitability for the first time (we'll hear more about this when we get a trading update as part of the FY 2020 results on Mar 18th). a great management team led by Cheryl C and Paul P. The market cap is just £15m (therefore enterprise value of just £6m when you extract the cash).

There is clearly some risk here given the mattress space is very competitive and Eve will need to diversify which is what they're currently doing (beds, pillows, bedroom furniture, an Xmas gifting range in Boots, a CBD launch in Boots / direct to customer on the website in Q2 etc).

The business is right on track in my view. I see the SP moving up to test recent highs (9.5p) post the announcement on March 18th and then steadily growing from there as we deliver FY profits for the first time this year. Assuming even modest profits of £3-4m, with no debt and £12-13m in the bank this would be valued at more like £40-50m with an SP of 15-20p.

Please do your own research!!

I am not short but if i was the way the sells are rolling in I would hardly be desperate. This is about to fall some more IMO only 1 MM left bidding.

I think for me the market cap is just so crazy low, and I do buy the woodford Idea, that until its more reasonable.. I would say 30m - 50m range which when you add in brand value I think its worth that every day of the week I can look more reasonably at some other arguments, but as it stands the valuation is utterly bonkers and it just needs to be higher, it really does. It is an absolute crazy price at the moment.

Old or Sold :D

Remember his post on 23rd Feb.. Lets get some context...

So he sold out to make "more money" elsewhere.... And now the board is "too rampy"

Theres the mornings comedy for you... When this gets moving today, and pretty sure it will I wonder if he will resist coming back seeing as you stated you are not even a shareholder anymore!

Wyndrums own words below, as per 23rd Feb in case anyone missed them.. So cya later alligator!

"Now, given where the company has been and where it is now I still think the SP has got gains left in it (and I have always thought that), I only sold because I think I can make the same gains quicker elsewhere, "

Apologies D Geeman, I think a bit more context would have helped but I do apologie.

Added. L2 2 v 1 and improving looks like the drop is done to me.

Zzzzz

Thanks for another negative post. So another company, in another country went down because profits missed expectations. That’s never happened before. But if you want to point things out. I’ll point something out. Any company can grow revenue and make a loss basically give stuff away, and that’s what eve were doing to build the brand. Cheryl stopped that. She is replacing non profitable revenue with profitable revenue. That’s why it’s not growing faster ( the revenue) because she is growing but only growing ‘good’ sales. Eve have been down the road Casper is treading. They are ploughing a different furrow.

Freed up some cash from elsewhere so I’ll be taking some more tomorrow

Agree Genius... Trading statement tomorrow would be very night..

Just hit refresh on Trust pilot so many reviews flooding in, they are clearly doing very very well.

delayed 250k buy?

Looks like the rest of the week this is heating up to me... Could be a very good weekend :D