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The new CEO has great pedigree:

Bentley Motors CEO for 6 years

Group Strategy Director at Jaguar Land Rover for 7 years

They will have amazing connections to high net entries to market e.g. the new rich of Africa

When are they getting the good stuff out of the ground and making money?

Would expect that as banking is both dominate percentage of UK GDP and one of the few sectors with cash flow that the UK Gov will heavily target them with fees/tax to fill the "blackhole".

Expect to see funds now buying volume to cost average their holding now that the fall news is out.

Strong brand and new CEO started on 1 September 2024 with great experience of being Bentley Motors CEO for 6 years, and Group Strategy Director at Jaguar Land Rover for 7 years, so they will have amazing connections to high net worth regions (Dubai, Qatar etc...), so even on current production rates the company can increase profitability.

Looking through the trades it appear they are buying up and bundling, the market on this share has now consolidated, any buying will naturally drive this back to 130 level fast

At the floor, sellers clear, move back up started

Floor is formed, sellers clear

Buys and sells levered, anything sold being bundled up and bought.

expect a nice rise now to 44

The usual war market price reaction

Share price seems a bit weak, is there another trim on the way?

Looking through this was the final shake of the sellers, and a large buy at the end of the day of the available shares.

There was a nice 2.1m share buy showing on Yahoo Finance @ 3.50pm

Expect this to have a rerate bac k to 44 and consolidate around there next

Its still at a very high level, we could see this drop a bit more if the UK Gov decide to target energy firm for tax raid

I fear the UK itself is not up to the job, the whole country/society is a pit of decay

Whats the latest, are we still waiting for the 30 October budget for news?

Near 100 and could be interesting

Looking at the buys and sells it appears we have now cleared out any large sellers.

And with good results and a turn around of the business we will see buyers load up.

this is now a take over target, or maybe we will see Martin Sorrell look to see off the company to a big ad firm and finally retire....

Key Highlights:

Strong financial performance: Adjusted revenues increased, driven by Kettle Controls and higher-margin sales. Adjusted gross margins and adjusted PBT also saw significant growth.

Successful equity placing: Raised £8.7 million through a reverse enquiry.

Reduced net debt leverage: Significantly ahead of year-end target, thanks to strong cash management and equity placing.

Continued investment: Ongoing investment in new product development and growth initiatives.

Restructuring initiatives: Implemented various measures, including planned disposal of Halopure and streamlining of Consumer Goods division.

Integration of Billi: Successfully completed and re-organized to support growth.

Capital investment: Commenced investment in new kettle controls.

IP protection: Three successful actions taken.

Outlook: Positive outlook for the year, despite macro uncertainties.

Overall, Strix Group has delivered a strong financial performance and is making progress on its restructuring and growth initiatives.

Looks like we are at the bottom of this now, with that 100K looking like they were worked by the MM over the whole day hence the drop.

Nice easy rise from here given the great things about the company, time to load.

Well it would seem like a prime time for them to buy another 5% while at discount.

Also with regards to takeover, I could see NIKE buy them up and wrap into their juggernaut operations to have a solid boot brand, just like they did with Converse trainers.

5.9% of the company bought, good consolidation of the share.

Could see a takeover from here for £2b