Member Info for horsetrader2

You are very quiet of late.

Always interested to hear your thoughts .

I can’t fault Higginson’s massive efforts in trying to get this to work, so I do have empathy with the numerous stresses he must have to deal with and commend him for trying so hard.

But on the other hand, the inflection thing has been mentioned numerous times by him in the past and resulted in failure.

Of course , we don’t want a negative chief, so his positivity is always going to be broadcast to the punters, but ultimately just a few days profit In a quarter ultimately means that they are still burning cash and might have to find some more unless they can turn this round very quickly.

I genuinely wish him the best of luck , but remain to be convinced as do the markets.

I am guessing that this has been left off the Peeko site as they are trying to flog it off as a separate entity and raise cash to keep Peeko going .

The figures are not great.

The much lauded Boop has been an expensive flop and now they are going to get stuck with some of the 10,000 boxes (Like the VR stuff that went bust )

They change direction like a fly in a jam Jar.

Peeko sales numbers have dropped although they are making a far better margin.

The channels have not bought the touted rapid growth as customer numbers are static.

They are working on so many ideas, that they can’t possibly have time to complete them all.

Alcohol at Temu , where is it ?

And the share price drops further .

Yes , I agree , it’s a fantastic update .

Not at all.

Mostly jam tomorrow waffle.

Looking at the shockingly low share price, you can help but think that management at Huddled are really not helping the situation.

Telling the market you are going to do things, and being persistently tardy in actually doing them if they do them at all , is not a great way to build confidence..

The much touted Kwiksales has amounted to nothing.

The Temu beverages offering is currently minuscule considering the tie up was mentioned almost 6 months ago.

The complete reversal of product offerings back to mainly cases rather than individual items suggests that the model has not been working.

In the meantime, there is no tangible reason to invest as it’s all so murky at the moment.

The longer it takes for them to give us any news, the worse it’s going to be imo.

Will the next quarterly update, if we ever get one, throw out a few more fake carrots to gullible investors ?

And Facebook followers for Peeko have not climbed at all since it’s launch..

No Nutricircle transfer yet.

No quarterly update.

Hardly any beauty products.

Hardly any Temu alcohol.

Should change their name to Lateoo

A few times a year is not the promised quarterly update however you want to dress it up in your own mind.

Any opinions on the low stock levels ?

Last quarterly update was 21st Jan

Therefore it’s late.!

The combined total of Nutricircle and Boop stock is now less than 150 items.

I suppose the optimistic amongst us would say that they are selling quicker than they can re stock.

The pessimistic , that they can’t get stock , or are winding it all down as it’s not worth doing.

AI Overview Yes, a company posting its financial results late is generally considered a bad sign. Delays often signal internal disarray, ranging from accounting errors and complex audits to an impending earnings miss. However, the severity of the red flag depends heavily on the specific circumstances and how the company communicates.Why the Delay MattersDeteriorating Financials: Historically, delayed earnings correlate with bad news or struggling financial performance. Managers may also stall to figure out how to manage earnings manipulation or soften a bad news release.Internal Disarray: Delays often happen when a company cannot finish its reports on time. This might be due to accounting department turnover, disorganized bookkeeping, or auditors requiring more time to investigate discrepancies.Market Reaction: Investors usually punish stocks when delays are announced. The drop is particularly severe if the company provides no explanation or boilerplate excuses, rather than a substantive reason

I suspect that the delay in trading update does not bode well.

It’s likely that sales volumes have dropped due to the various single item sales that no longer exist .

The larger item sales however may deliver a better margin.

In the meantime, Nutricircle is taking forever to transfer over to the new site. I would not be surprised if it is sold off as a separate entity.

Looking at the Master of Malt page on Temu, their sales are nothing to be excited about. Perhaps selling alcohol on the site will not be as lucrative as investors on here have anticipated.

Are we going to eventually get another “Jam tomorrow “ update ?, or some cheer at last ?

They need to prove they can reach profitability first .

I reckon the results are delayed as they are trying to give it time so they can add some spin to their new channel sales.

After all, it’s a quite big turn around from selling individual items to boxes of items.

The market does not suggest any confidence at the moment .

It looks like temp is adding approx 100 item orders per day which is t enough to break the bank as it would approx to under £ 50 k per month.

No idea how the other channels are performing .

Not sure why they are still selling in Temu under the Discount Dragon name .

What are they selling ?

You are probably right BBN.

I have no idea how a Temu algorithm works, so the fact that Peeko sold 40 quids worth of booze in the first 48 hours failed to get my pulse racing.

I don’t really think I am a doom and gloom merchant, more a realist.

Nor do I mind if you fight your corner as I am very open to alternative views.

I have also been topped up by around 600 k in the last month and as I have stated before, it’s a multibagger if they can pull it off .

Lots of good signs , but still few negative’s (just to add a bit of gloom :)

It certainly won’t take much success.

However, a look at the Ebay and Temu sites shows they have sold about 8.5 k products between them .

If we rounded up the average selling price, it equates to £180 k in sales .Which is good but not life changing)

Having seen the gin and vodka offerings manage a paltry 2 bottles sale on Temu since launch, it’s nothing to get excited about.

Think we will hear the “`work to do “ comment on the next update.

One can only hope that Peeko is managing to bring in the same level of sales as when it was DD.

Company value will be approximately the same as a bag of Peeko peanuts if it keeps sliding the way it is.

Some nice positives there BBN.

I do think Higginson has a habit of jumping the gun with announcements , as the Temu alcohol tie up stated quite a while back , is obviously not a done deal and until it is up and working , is pie in the sky !