Member Info for horsetrader2

Perhaps there is no positive news to give.

Or are we on for another placing at less than half a pence a share ?

It was not so long ago that Higginson stated that “We make a profit on every single item that we send out and have finished with loss leaders “

The face book Peeko follower numbers have remained static since the name change .

THG isn’t making money and nor is Huddled.

So who doesn’t get it ?

That’s quite a good list LB.

Playing devils advocate, why would they need to do it if the business was performing well ?

Has there been a national advertising campaign that I have missed ?, because doing a sale without one , merely gives existing customers an unnecessary discount without gaining new customers.

A month on from your last comment about alcohol sales , how well is the minuscule alcohol selection now selling on Temu.?

In fact, whatever happened to the Temu deal to sell their groceries as well as alcohol.?

Where is the marketplace that Higginson talked about ?

I am beginning to lose count of the ideas that Higginson has touted that turn into nothing whatsoever.

For sure, by the next trading update, we will be hearing of yet another master plan.

I’m aware that implementing new ideas takes time, but they don’t have time as they have spent most of their investors money.

I wonder why they feel the need to offer a 15 per cent discounted sale.

is it because of cash flow issues ?

Just the 0.5 per cent for me.

The only loser in my portfolio .

A drastic drop today.

THG being shorted by the Winnifreth gang probably doesn’t help.

Pointless exercise.

So no !

The constant erosion of the share price will soon value this company at less than the money recently raised and the cost of stock held.

It’s become apparent that the 2 directors left as they could not afford them.

The Temu deal so far has been nothing like the golden goose that Higginson alluded to, and so far has made about £50k profit (which is not enough to pay even his wages.)

You have to ask why the Nutricircle morphing into Peeko to save costs suddenly changed and didn’t move ?

I can only think of one reason, and that is it’s up for sale as a separate entity.

Ultimately, it’s becoming a complete pig of a share to own

To say it’s disappointing would be an understatement.

To date, it’s all hype with little to show for it , except shareholders (including Higginson), sitting on a huge paper loss.

The complete lack of any support shows that investors are not buying into the hype.

They have a huge amount to prove over the coming months and if they can’t manage it, this company is a dead duck.

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.