Member Info for JPP88

Or not...

Another low volume day, but looks like the bottom may be in, and started to move north in the last few hours of the day.

The drop is due to the dividend doing ex-div today so a natural 25p drop..

A £42m mcap for a company that has just posted a £9m PBT

Good luck finding another company that can boast an mcap only divisible by 5 years PBT.

Comfortably an upside of 40-50% here.

P/E under 5 is absolutely bonkers for an emerging company in a growing market.

Clearly a large seller at play - top up time again tomorrow!

I've bought some more at 1.35

PE ratio miles away from true value here.

Normality will return.

News does not warrant a 40% drop

I'm in.

Just a shame this year's dividend allowance is only 1k

XO have confirmed I needn't do anything and the dividend will be paid as long as I hold shares on the ex date

In auction now...

She's gonna blow!

Price action has been positive over the last two days - which given the general condition of the markets is a real positive.

If the FTSE jumps a few percent in the next few days this could do very very well

This moves very, very quickly when volume arrives.

Up 7% on not very much at all.

Keep you eyes peeled - this is going to move.

Do a little bit of research into other companies with a £50m mcap... The first one I found was McBride...

Most recent FY23 provision below (results in July)

(*) Current market expectations refer to a Group compiled consensus for FY23 of;

· Sales Revenue £874m

· Adjusted Operating Profit of £3.0m

· Reported Loss Before Tax of £27.3m

· Net Debt (incl. IFRS 16) £201.5

So... A company that has a loss making, low margin business is valued at the same mcap as a growing, high margin, profitable business in a sector that is accelerating exponentially and organically.

Make sense of that if you can.

Sorry, but a £50m mcap with high single figure millions of profit every year just is not sustainable. A reversal is coming here and I suspect it will be sooner rather than later.

Can the last one out please turn off the lights?

3 directors now dipping their toes into the water at these ridiculous heavily discounted prices.

Follow the smart money....

"Suggested RTO targets for RY include: Cineworld, Purple Bricks, UKOG and Unbound"

So.. RTO into 4 companies that are already listed? Wow. That makes perfect sense.

Please do explain.

This to trade around the 1.8-1.9 mark for the foreseeable.

Well done to all holders, I timed my sell badly.

Clarity on the taxation status and the uncertainty that the RNS provides around payment process will see this struggle to go much further north imho.

Lots of support and now moving upwards on relatively little volume.

Big blue day to come.

Yeah, nice to see directors putting their hands in their pockets and putting their money where their mouth is.

If the MMs dare to open this around 155 I think they're getting cleared out pretty rapidly 🤣