Member Info for HedgeHogarth

Not a big bug (50k shares) but a buy none the less - dont be fooled by it showing as a sell!

So with about 23 days of trading left with ATMs in place TILs has raised about $4.8m from the ATM. This is significantly short of thre 'up to $20m' they quoted.A few scenarios in mymind:1 - Acceleration of ATM issue in July to signifcantlty increase proceeds - [potential downside on SP]2. The higher SP now and potential for higher SP in remainder of month (with StemPi news) will naturally increase the procceds from ATM [positive for SP]3. TILs raise up to $10m - and may require additioanl funding in H2. [difficult to guage impact on SP as it will depend on Stemprinter Progress and other news and market forces]Thoughts?

Barely any volume whether bought or sold... The calm before the storm perhaps

Is this a good thing for LT holders?

Link?

A number of posts haves suggested that EVE need to start delivering profit before we see the positive upside on the SP.

The BOD were forecatsing a signifcant improvement in EBITA this year , with losses reduced from c£10m to c£3-4m. If you think they have performed better than forecast due to increased online market, lower competition and an RNS that suggest the company is selling a good mix of premium products. It sounds to me like the transformation is going well. The stated new strategy is to focus on improving performance on cash + EBITA (at the expense of growth). This suggests they will have baked in a lower mkt share into revenue targets - which in my book gives them a great chance of beating them in light of the points above.

DYOR - this increasingly looks a good bet (let's remember the history here) and 22nd July cannot come soon enough when we get a half year update.

I have to admit I'm relatively new to investing- however I've been on the periphery for a numer of decades. - It is only now that I have some capital!

I've been invested in TILS for about 3 months now and it's been hugely rewarding.

I know we (investors) are all awaiting an update on Stemprinter - however it is worth reminding ourselves about the crown jewels in this company. Just watched this again ; my only wish is that i had more to invest here. My only hope is that it is still sub £1.50 by early next year.

Waach here...
https://www.youtube.com/watch?v=vBkG3ywYZMs#action=share

I may be proved wrong, my my guess is there is a big buyer in town

Overheads were £9.9m in 2019; in Q4 last year EVE has reduced these costs so I'd expect OH perhasp to be in the £8-9m range for this FY.

We know that Mktg Contribution was positive in Q1 - with revenue in line. We also know that the company has targeted profit and cash generation (presumedly in 2020 budget?). Q2 marketing contribution likely to be signifcantly up due to a bouyant market. (Based on RNS, compeitor/market insight and media coverage of lockdown and difficulties sleeping etc)

WIth less competition in H2, and a strong H1 in the bag, i will be amazed if we do not see a profit this year for EVE.

Ofcourse there is an element of risk and uncertaintly, but the very low SP, £7m cash in the bank and potential company valueation if transformation is complete make this a VERY STRONG BUY in my opinion. But please DYOR. This share has most growth potenial in my portfolio and I think the risk is outeighed by the signficant opportunity to se ethis re-rate dand make some money (over time). Please don't invest here expecting it to shoot up, it is likely to be steady and make even drift backwards until we get a trading update in July.

If you actually read the annual report you would know what marketing contribution is.

Both the Companies I have worked at use a similar metric. It's a good measure of the controllable trading elements. Yes., it excludes overheads - but we know Eve have made cuts here and are relatively light here in anycase

For starters we'll have a full quarter of sales locked and loaded + i expect a more bullish H2 outlook (previous RNS was a little uncertain for H2). I'd expect CC has a plan for H2 to maintain momentum from Q2

Don't be fooled by the sells - everyone is buying today :-)

Sorry - meant Caspar, NOT simba

So far...

We know that Q1 was in line with BOD expectations and that marketing contribution was in better shape. I expect Q2 sales to be really strong given the strong market and we know that EVE are doing well particularly on their premium products. They have some great products - recognised by a number of review sites. It looks like they will also have traded well on accessories which should be strong margin. Bodes well for recovery in EBITDA. And sounds like less competition in H2 with the exit of Simba.

That has to be wort h a fair few sales - especially with 30 degrees forecast.

Whn i lat checked, EVA were also high on the list in Which Magazine

Gettin really excted now about this stock. /

Could we be seeing a change in direction with Eve. Good news should come with the next trading update + oversold following the Woodford saga

Just saw that too - what the heck is happening?

I struggle to see how selling more units will hurt Eve's cash position - if that is true we really are all in trouble. We've had market insight and an RNS to suggest the Apr-Jun quarter will show strong sales.This share is oversold - and whilst I would not suggest it should be 10p plus - there is a lot more value in this company/asset that the current SP suggests. There are a lot of signs to suggest this stock has hit rock bottom, there are a lot of signs (Sales. Quality of Product and new CEO) to suggest this company is moving forward positively, For me, but please DOYR, this is a STRONG BUY at these prices. Opportunities often come from a dark place and with transformation - EVE SLeep fits this bill. I have a modest investment at an average of 1.5ish, I expect to do well

People on this board need to chill out a little and be not worry so much about the SP pattern.

It is related to extra shares being sold ATM. Very little selling of existing holdings from I can see.

We saw something very similar a few months back when the share traded for a long time around 60p with a similar pattern each day.

Stay calm, don't panic. Good things come to those you wait

Some large buys at $5.98