Member Info for Hexam

“There have been several post about a live demonstration so does anyone, anyone have an idea how QBT would accomplish it.”

That is the key question in my view but I believe you won’t get a sensible answer from anybody though as there simply isn’t one. Hence the evasion, abuse etc. instead.

Just like you won’t get an answer to the the question of if they really are in a position to do live demonstrations like they said then why are they seemingly not doing one in Miami next week?

If QBT actually deliver something from Method B or Method C then the sp WILL do 5p and even 10p easily - and stay there. So for you to cash out on the last ‘good news’ suggests that you didn’t think it would translate into anything meaningful and don’t truly believe so that there will only ever be spikes (that ‘always come down’) and never the real thing? Curious.

Well Dracula, never mind all those good points you make, apparently just believe the one reason it will work and trust your intuition! Who needs facts and evidence?!

Welcome to the blind faith school of gambling, sorry, of investing.

KK - I'm not interested in your childish insults or projections of your own failings on to me and others. I'd just like to see some evidence of anything that they have said in any of their PRNs or interviews as actually being true and leading to something concrete? Not much to ask is it?

Starting with the question of if, as they claim, they are in a position to give live demonstrations then why are they not currently down to do so at such a golden opportunity as the Miami conference next week and one they say they were indeed targeting?

So you can't answer the question? If they are in a position to do live demonstrations then why are they not already listed as presenting?

If you throw in a single example of where I have lied or (with my 'zero credibility') got something wrong that would also be welcomed. I think it is yourself that you are applying your own comments to - maybe bring them up in your next anger management class with Baserite?

I haven't seen the 9% anywhere, just the 6-8% in the trading update. If they've mentioned 9% as also including some marketplace element then fair enough - though I still think that's a very big challenge given where they are now and their track record regarding hitting guidance of late.

"Be great though if they could keep the youth brands stable, with 9% EBITDA margin and keep growing the marketplace exponentially."

That would be great but to get 9% EBITDA on the youth brands is a huge challenge (not even BOO are targeting that much and they seem to miss every target going these days) and it depends what you mean by 'exponential' growth for the marketplace. Obviously you don't mean that literally (as that would be impossible) but even to keep going up something like 40% p.a. (which seems to be the sort of growth achieved last year) is daunting to say the very least!

I think we'll just have to disagree as I just can't see Debs marketplace growing fast enough to prop up the rest of the business which in my view simply has to start pulling its weight again.

27% EBITDA margin is decent but it was on less than 5% of the business in the last financial year giving just £15m or so contribution to profits before depreciation etc. is taken off. So there’s some way to go before the Debs marketplace makes a really significant impact on the overall numbers but can it really grow so much?

In my view they can’t rely on marketplace alone - they’ve got to get the growth and profits back on the youth brands.

They may have achieved £140m cost savings but only £90m actually impacted last year ‘s results and that was needed to offset the revenue drop impact and other headwinds so no overall improvement yet. The remaining £160m savings will hopefully get things moving significantly in the right direction rather than be needed to offset more negatives - fingers crossed!

I think it does qualify as research but for me it misses the biggest challenge - improving cash flow and profitability. Both did look better in the results but only because of one-offs. Without these (especially the Capita One and Fera sales) the cash flow and profit showed no improvement at all against the previous year. If these start genuinely improving then I'm sure we'll see the sp follow.

They may not speaking but I presume they will be one of the 200+ exhibitors? In which case I hope they’ve packed loads of freebies to attract people to their stall. QBT hoodie and cap? Method C stress reliever? FG cuddly toy?

No worries AWL.

Last night posts also not a problem. People throwing insults don’t bother me - they always reveal far more about the person doing the throwing than who they are aimed at.

Almost certainly they won't release details of such costs. It would be highly unusual for any company to go into such detail for a particular trip and most companies (including QBT) don't breakdown the expenses they report annually to that kind of level i.e. their is no separate line for travel etc. (though some do). So it will probably just be included under their R&D line as you suggest although they could just label them as 'administrative expenses' instead.

Found out as what exactly and with what evidence?

Is it the kind of evidence that stands up in court or the kind of evidence behind all of QBT’s claims?

Thank you for wishing me a good evening though. Appreciated and reciprocated 🍻

Not messed up enough to spend my evening at a pub posting continuously on a chat forum. Sounds like a wild night out 😉

Just showing again what a thoroughly unpleasant person you are. Enjoy your 🍺

You left out the bit where I said I would be back when there was a placing (that you repeatedly insisted wouldn't happen so soon) and might then invest again - which is exactly what I did. No lies then, nor since.

Whatever it is I am I'm just so glad I'm nothing like you and behave nothing like you.

“It is you that has been found out Hexam or you need psychiatric help. Either way you're one stupid individual.”

Really? You’re the touchy one lashing out at anyone that just happens to think this company isn’t the RBee’sKnees or that you aren’t quite the investment guru you keep making yourself out to be in your long-winded pontifications. Suggesting someone may need psychiatric help is also very cheap behaviour but coming from you it’s only what’s to be expected being the person that you are.

It doesn’t matter to me how many times you call me stupid etc. and besides I can just point to the things I’ve said about QBT in the past that have all so far been proven to be correct - so happy to let my track record do the talking. I’d rather be called stupid and be right than be called clever and be wrong.

Of course I could be wrong about QBT now and they actually do get their methods to work and strike lucrative deals in which case I WILL feel stupid and will eat a huge slice of humble pie. At least I’ll have the consolation though of making lots of money :-)

"Why is £250 m cost reduction not improving margins and profitability and CASH Flow?"

I think only £90m has come through so far and that has been required to offset the impacts of the headwinds and loss in revenue. Hopefully the rest will come through and help those things grow rather than be needed just to stand still.

I think I get it now KK. You're just another cheap pump and dump merchant like Sharebel who sees a share that goes up and down and doesn't really care one way or the other whether it succeeds or not. Instead you pump it for all your worth when it's down just so you can sell it at a peak when you suddenly cool somewhat on its prospects - until it drops again and you repeat the process. Like him you can't stand anybody standing up to you and questioning you so you go into meltdown with the emojis and insults.

At least a lot of the rampers on here genuinely believe in the company and whilst I disagree with them they are at least consistent in that belief and are looking for the long term rewards. You though lack any such integrity and, as your posts clearly show, control of your emotions as well.

In my view you are the worst kind of poster on these boards - and unfortunately there are plenty of others just like you.