Member Info for Jonny52

Sorry results on the 19th

Yes back in at 47.07, might dip to the 45 ish support but at this price I’ve sold other stock in the sipp to get back in here. The results on the 23rd will paint a clearer picture but very bad news is baked in here. Director buys indicate a decent forward looking statement and a bonus wpp released good news. Nice recovery share

Adjusted earnings per share down 50%. It’s been beaten down so much it’s hard to tell what will happen but my guess is down on opening and we could see the 30s again. Think it will survive and maybe taken over one day but this one’s a long haul.

Decided to bite the bullet and average down at the this level after holding fire at the 60p mark. Just looked at the market cap compared to their likely revenue and thought wow. Also looking at the positives mentioned in the last few posts and the increased institution ownership. Election years coming both sides of the Atlantic so the governments will be pumping the liquidity again and lowering interest rates. If they do finish these the debt repayments I think this could rerate quick.

The £120k buy from the chair taking his holding upto approx £330 at 6p could be the catalyst for a run up of the share price. I think I’ll buy some more in the morning after this vote of confidence. Again the chance to do over the shareholders was last year, looking forward to the next update of sales.

I remember thinking before the initial fundraising last year that I would be lucky to get my money back out of this one. I think that was the time that shareholders could have been shafted but the way it was handled, I was impressed. I thought that they got through that now I can trust this ceo. I must admit I was annoyed when this fundraising was mentioned especially after the fall in price just before the results and the mention of no fund raise a short time ago. I had my finger on the sell button the day before the results but was a bit too slow but I think a lot of people had that idea because the results were never going to produce profits so more or less known and the market has reacted very badly to non profit making companies the last couple of years.

I do think we are well on the way and this drift is market conditions. The sales team is in place, we have a major partner, more importantly we have the product, I’m hoping for a multi bagger from these levels and have even put some in the sipp because I trust the management after last year. I will be adding some more to average down. Gla

Well done to him for getting the interview but to me it’s another red flag. Why is Sms bothering with a channel with a small following. It reminds me of funky finance getting an interview with the ceo of a company called Kubient a couple of years back. I thought at the time why is this director bothering with such a small channel. That company is heading for a zero valuation I just hope the same is not happening here but I think it’s a long haul back. Director buyings are what I want to see and until that I’m not buying any more. I made a nice amount last year buying from 130s to 180s and getting out in the 220s and 215 but bought back in at 146 so over 50% down and will not be averaging down. It’s a hold and keep the fingers crossed job for me until they start delivering. Gla

Only quickly scanned things today but surely the news that H&M are going to expand their online operations and take on the likes of asos and boo is the reason for the large drop. It has to be a big deal as they have shops everywhere and that would surely help with returns etc and of course their purchasing power. I don’t think the director selling a small piece of his holding when he has previous is the reason. When the H&M news broke boo dived as well

A quick crude rookie evaluation: 3.5m ebitda for first 3 months x 4 = 14 mill plus add a couple of mill more for the Christmas period = 16 million. Market valuation 55 million. Conservative pe of 10 sees this opening at least treble the current price imo

I’m only 9 pages in but there will be 3.4 % dilution for the new ceo, cfo etc share options and the reason for suspension was sales revenue brought forward to reach targets and the previous board members investing £1 million and 300k in those distributors whose figures were brought forward. £19 million is still owed for Medichem but as their figures were false a new figure is being negotiated.

Everything now is in order and new management have seen recent sales grow beyond expectations. It’s all looking like everything bad is behind and it will resume trading in a couple of weeks way above the current price. I certainly wish idve had more than a £2k punt but will buy more on the day if I can get below treble the current price.

I guess that’s why it’s taken so long

As we can’t load up here thought loading up on boo could be a good idea so have done so. A clearer future and relisting here surely has to help their price

Nothing goes up in a straight line but yes they are definitely still worth buying at this level.

Their typical customer has seen their pension go up, other cost of living payments and have always had plenty of excess income through sitting on a house 40 f* years (Sean lock).

Their clothing lines have improved markedly and my mum spends her gift cards at birthday and Xmas with ease and ends up buying more because of the better quality snd choice, whereas before it was a struggle to find something. Food has always been excellent and the cafes are always rammed , they’re managing their debt well, they’ll be a future dividend and when their rating is uprated we’ll really be off to the races.

As pointed out the pe is still low. The only way is up!

These were excellent results and shows clear guidance for the future. Holding back the dividend for another 6 months is fine. The shares should rise today even with the ftse down. Excellent medium to long term investment for the sipp

Great conference call and happy with the results. The share price has been beaten down lately by one of the companies falling from whopper status so there will now be 9 but a further 14 companies are trending towards whopper status. Considering this company couldn’t even get their accounts sorted on time last year they’ve come a long way in a short space of time, the share price was decimated and still remains in the doldrums, with the progress they’re making I can’t see a further share decline from here.
They seem to have learnt from that and are not going full out for full steam growth and getting too far ahead of themselves with the team they have. In the current macro climate they are still growing well especially technology and I’m excited by the ai first mover advantage they were talking about. The market is forward looking and I think the share price can only go up from here.
Asia still grew 5% even with china lockdowns even though that Asia is not a very big percentage of income.
Sir Martin also confirmed that no other whoppers were thinking of cutting back. I’m very happy to be back fully invested here and let’s hope that the share price get backs to where it was soon.

My thinking before suspension was to put a couple of k in and after suspension but all in boo and then still having an interest in revb through boo as seeing that as a safer option. Their products are very good and there is great demand but this is a joke.

Shocking! Glad I only had a small punt here before suspension, on the bright side it maybe a bull market if they ever come out of suspension. Surely heads need to roll especially after their first rns on the issue brushing any problems aside.

Sorry billing nearly at market cap

I’m more confident now than before the RNS, good growth in a growing sector. Accounting issues behind them, revenue nearly at market cap and gross profit being eaten up by expansion and hiring staff. If they improve on this and the margins then this looks like a good opportunity at this level as previously said to put away for a couple of years. I think it’s good whoppertunity ;)

With the market cap at 2.4 billion and asp + 18% (22% for us brits, we always get ripped off) to counter inflation if the profits are anywhere near 500 million as in 2019 this has become a very cheap share. Only way is up from here I think