Member Info for HedgeHogarth

They only seem to be involved in a a small amount

The selling to support the buying normally seems to come from cannacord

UNtil recently 93-94% shares were not in public circulation - they sat with Private Equity, Founders, EMployyed Trust and IIs

There is probably now c10-12% that is in public hands

No cobblerman - each day we get a read out on Shore Capitals's activity (Form 8.5) . It is minimal every day

There was no form 8.3 yesterday so Cannacord did not get involved on Tuesday.

Very few went few Shore yesterday....

Trades at 8:53 / 8:54....

Cannacord to the MMs rescue???

This appears to have changed gear....

Could be an interesting few days ahead

Well done NewBoy

I've bought lots at sub 15p too :-)

I'm back in ladies and gentlemen

I never expected it to go sub 1.5p (the placing price)

So I'd be silly not to take some at these prices.

GLA, DYOR

Volume picking up - hopefully we exceed the recent daily avg of 13m

Dhton - I dont have a huge amount to say about the rest.

For me, the CEO/CFO partneship is th ekey one for a business.

I would say that the leadership team looks a big big for a small company - I think for the new owners, the easy win would be to combine "customer, commercial and marketing" into a single directorate

And maybe look to combine 1 or 2 of the other roles - I'd aim for a leadership team of 5 heads

I'm happy they have the opportunity to buy back some of the Franchise venues - they have proved how well they operate them directly. This will be help fuel growth

It's healthy and uderstandable to look for cracks, esp when the SP is not performing the way you want it to.

However, I could not be more confident that this company will continue to grow, it will get increasingly profitable as it finds way to extract more revenue from existing venues. SIte EBITDA margins are in line with expectations - and they will include the majority of staff costs impacted by living wage increases.

I just wonder if this company is maybe doing too well? I've said a number of times on here that at this mCAp it would make a wonderful acquisition for Private Equity. That may explain the SP movement - you usually see share price suppressed ahead of a take-over

I could not have more of a different opinion Simon

It's almost irrelevent whether they make a profit of £2m or a loss of £1m. Net rpfoit is a very complex metric that in recent years has been signifcantly impacted by new accounting principles

This is a company that is growing rapidly; whilst it is growing it is constantly learning and making changes to increase gross margin whcih will drive profitability.

What will drive this business is Cashflow, Revenue Growth and EBITDA Growth.

Its pretty much debt free (a few small vendor loans but nothing significant)

Its generating cash

Its growing rapidly

Its not reliant on Consumar Spending; it has a great B2B revenue stream and they are looking to grow it with a number of new appointments

I've been patient on my main stock "HEMO" for 3 years since it sunk to the depths of 1.2p. Its now looking very bullish at 3p with news imminent of a very significant milestone for the company

So, I 'm prepared to be patient here. It's not a difficult business to understand - the clues are all there that this will grow to something big

The share price movment is defying logic IMHO

Patience is the key here

Matthew Fowler is performing very well IMO - newest member of the leadership team and helping the compnay manage it's portfolio through a tough period

The upshot:

Remaining compliant with Bank Covenants - TICK

YOY EBITDA growth - TICK

H2 Revenue growth in Consumer Tech - TICK

Reducing Net Debt in H2 - TICK

I'm sure his shares will perform well in time - The SP is within 1p of an all time low so it's an easy time to throw stones. But I'm sure he has no intention of selling at this price, neither have I and neither have 90% of shareholders

Spot on Shandypants _ I could not have articulated it better myself

I'm predicting a profit of c+£2m for the FY

Next year, there is no reason why profit cannot increase to doube digits.

I have a feeling a fewmay see a few PIs get off at the first bus stop of 3p - Good luck to them as they will have made some nice profit

However, I'm hoping that once the doors close, the bus speeds away with the next stop of 4p just around the corner.

Many on here I beleive are not in a hurry to get off the bus - we've all been here a while and have remained patient for a reason. The current mCAP is still sub £35m

PK - but was the 2m quote when the SP was nearer 2p.

Taking 2m at 2.85p is £57k, taking 2m at 2p is £40m

Taking 1.1m at 2.85p is £31m

My suspicion is it is based on £ rather than quantity of shares

To be fair, 1.1m shares is a lot to quote for on a compnay of this size

I beleive there is so much more to come here

The daily volume of the last 2 sessions has been 13m

This is significantly higher than the daily avg of the preious 30 days of 3m

However, it is still significanlt ower than the 35m+ avg daily volume over the day 10 period 12mth ago when the share price hit 4p (the highest since April 2021)

Race against time for me - I'm hoping to free up some capital to invest here. Please DYOR, but it's an absolue no brainer in my opinion.

I have a 50p target on this share in the next 18mths.

I can only assume that two things going on here - a distressed (or impatient) seller OR some attempted manipulation that precipitates a bid or large accumlulation.

I have scoured the accounts and RNS of the last 2 years and cannot find any gremlins here

This company is doing phenomenally well and will keep growing - I expect the share price to be between £1 and £2 over a 5 year timeframe. No reason why it cannot be closing the gap on Hollywood Bowl or similar