The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I do hope you're right but as far as I can see, other than the GQ 'thing' and the Evening Standard give away, there's not much else.
There's no mention of deals or sponsorships, sporting or otherwise (and as for a major signing, what about David Beckham?).
The product is way too expensive in this current climate.
It would be awesome to see 'Cellular Goods' scrolling across the banners at the World Cup like Gatorade and Hublot but I can't see it myself (and TBH it sounds like a telecommunications company).
I will keep my fingers crossed and will happily eat loads of humble pie when I am proved wrong (which I truly hope happens).
Good luck all, especially DQ76, 25p by next Friday?!?!?!? :)
If you'd signed a deal with a major sponsor or had won a deal to sponsor a successful team, what would you gain by waiting until October as by then the wave will have crested.
Remember that last time they announced a big advertising campaign it was a few posters in London and the chance to buy the product on Amazon.
That said, I welcome the rise as it's closer to my 6p average.
I love posts like this. It's like a pal at work who says "Oh, I've got some amazing gossip but I can't tell you about it!".
We'd all love to be 100p+ (or even 90p+) but I think recovery is a long road....
@lloyds, I don't get it either. I've been at Heathrow all day. The place is heaving. Yes, I know there is a shortage of handlers but Terminals 2, 3 AND 4 were rammed. (BA are currently flying out of T3 as well). Based on the number of customers, we should be considerably higher than the current SP.
There's an article in the Times about it all but it's behind a pay wall so I don't know what their general thoughts are. If anyone can read it, have a nose.
https://www.thetimes.co.uk/article/cineworld-s-horrow-show-is-not-for-the-squeamish-q3v2288d2
To be fair, if my short time in the market has taught me anything, it's:
1) don't put too much money into anything David Beckham puts his name to (I have both GILD and CBX shares)
2) Do the exact opposite The Motley Fool suggests! :)
I assume there would be another RNS. No idea on the time scale.
I know nothing about running a business but personally I would have thought it would have been better to announce the news once they had FDA approval.
It's a bit like me telling everyone I'm buying a Lamborghini and then whispering "once the bank have approved my loan!"
'Subject to FDA approval'.
There shouldn't be an issue (hopefully) as you'd hope their products would be of a good standard, however, let's not count our chickens just yet.
People seem to get far too excited too quickly.
Yes, it's been a horrible time for the SP (I first bought at 55p+) but I've averaged down a bit and am now just waiting. A glimmer of good news is good news, but it's not a done deal (yet).
Last time I bought shares based on a MF article titled something like "Is now the time to buy these 55p bargain shares?" they crashed the following week and currently sit at 10p! Now I normally do the opposite of what they suggest! :)
My issue is that if they want to be the market leader in these types of products they need to do more than a couple of posters and stick their stuff on Amazon!!! A chap I work with has a side line selling plants on Amazon and he's doing it from home, he's not an AIM listed company!!!
My average is currently 6p and I don't see the SP getting anywhere near this soon. Very few people can drop £100 on face cream and if they do, they already have a brand they stick with.
I'll keep telling myself that it's only a loss if you sell.......
Do you desperately need the money you have tied up here? If you do, then sell, but don't kick yourself when it's gone up in 6 months. That said, you can be as smug as you want if it falls.
I have been told many a time, only invest what you're prepared to lose, otherwise, stick it in Premium Bonds.
Good luck, whatever you choose to do.
I have so little invested here that for a £20 profit I might as well hold! Only been doing this share stuff for a year but have made so many bad investments (which I now claim are all LTHs) I may as well just hang on and see what happens... I believe the phrase is "It's only a loss if you sell!". :)