Member Info for jollyspeculator

I cannot see Barc staying independent at these multiples

If they have any sense, they'll try to sell some of one of their stakes in a funding round for one of their plays

but it won't be easy

Lol

And even TNAV hasn't provided support in the recent past

Amazed if the sp doesn't retest at least the 50-55p area

The trend

both here and AIM in general

...and we can always hope a Santa

Flexibility

when the facts change, I change my mind

and you?

1600/230 or 240, so c7

EV/ebit for this year c£1500/£230 or £240, so 6-7

That's not wildly cheap, but the cheap debt, decent management (didn't buy Halfords for some silly price), strong growth make this a buy imv

tp £6

Rev to £1.4-£1.5bn

op margin to high teens

===> mouth wateringly cheap

plenty of execution risks, but I quite like Raby (and he is putting some skin in)

Becomes super enticing

tp £5

EV/annualised EBITDA is 5-7 (dyo work, lads)

Bit pricey relative to other plays, but the growth here is tempting

tp 1.2

On tnw, div yield, comparison with peers etc etc

obvs major shareholder selling down depresses sp temporarily

Truly awful trackrecord is indeed key lol

where's the visibility of sustained decent newsflow? let alone distant visibility on transition to fcf++?

just burning cash and trading at high EV/rev isn't a great look

How does RH make enough to survive?

Excitable

of course, you were saying the same at £7, £5, £3

Looks nailed on

newsflow is needed for any meaningful reverse imv

I am sure that the wonderful JP Morgan has no agenda

I see the shorters as my friends here

If they culminate sub £6, that would sweet indeed

(remember, as a rule of thumb...not scientifically demonstrated..shorts are much better at entry than exits)

Trade not showing

plenty of tricks being played

Classic 2/3rds retrace from bottom would have been 227 ish...just sayin'