Member Info for Justafewquid

Gone from cash flow positive end 2017 to beginning 2018 and now to end 2018. Continues to disappoint.

Nice to see a bit of movement at last. Something about BOOM that the market doesn't like, otherwise this should have moved considerably further north today. My guess is lack of transparency regarding the company' cash burn and near term requirements. RP's frustration with the markets were clear during his last interview,RP needs to do another round of PR me thinks.

Yes, reducing the gearing is number one priority for them. They generate plenty of cash so this should be plain sailing now that the investment in new plant and factories is over. The world loves sausages. Am holding tight for a rise when results are published on 6th March. Sp ticking up as I type. GLA

Russel Brand hasn't been uploading content for two years. He finished with Boom a long time ago and the content that is still there is old. Current PR statements mentioning his name lose AB credibility and make me realise what a muppet I was to get involved with this lot. Instead of regurgitated guff can we have some proper news please AB.

have increased their holding, which to me is a great endorsement for this stock. I don't understand why there is not more interest in Devro. Potential for plenty of upside from here, nearly 5% dividend yield...whats not to like. £2.20 soon enough in my humble opinion.

We need some news one way or the other.

There are a couple of short positions but nothing of any concern. I think the share is moved around by the short positions and if you can get in sync then why not trade into the cycles. I am often tempted but am just sitting tight and waiting for the March results. Nice dividend too, with a stop loss set just in case. GLA https://www.fca.org.uk/static/documents/short-positions-daily-update.xls

Anybody any ideas as to why the sp has slipped back.

There have been "concerns" for the past three years! Usual baloney.

4% drop in sp and cant see any reason for it. Anybody? General broker consensus is sell / hold but they been saying that for months.

Yes, and there is a list as long as both your arms of Aim listed frauds that have gone to the wall and taken pi's hard earned cash with them. Whilst Nomads and directors fill their boots. Little alternative but Aim is a shambles, market abuse goes unchecked and good companies often not rated at true value.

Glad I wasn't the only one who thought that, although he was absolutely correct. Aim is a joke. He knows his stuff but things are not quite going to plan because of the low sp. They need to raise cash soon and his frustration was noticeable.

What did Duncan Bannatyne say...Turnover is vanity, profit is sanity. RP will come out of the woodwork soon for some PR, then a placing, more waiting, sp will slide and repeat. Always with a spread the size of China so you wont be able to profit on even a 25% rise from wherever you get in. If you buy here your money will be tied up for a long time. Profitability will be moved from March 18 to sometime in 2019 at which time they will probably be bought out. How so many of you can remain upbeat is beyond me.

Chairman just bought 100,000 shares over the last three days. If the shorters have any sense they will close their positions, take the hit and leave this share alone.

Someone is clearly trying to short DEV at the moment. 83k sell just gone through. Hope they get their fingers burnt. The company is well south of fair value as it is.

Looks like it.

They are ready and poised to take full advantage of the Chinese banger market. Even with a downturn in business they will still be cash generative, they are highly profitable when not spending oodles of cash. They have invested 100mill in their sausage skin business over the last few years and will reap the rewards with efficiencys that will enable them to wipe the floor with the competition. Only another 3mill needs spending and they can batten down the hatches and start generating cash. The sp can do what it likes, Devro will remain market leaders and carry on doing what they do, the sp will recover and those that bought at 145 /160 will be in the money. £2.50 this time next year unless a takeover bid is on the cards, any company trying to build a position will soon see they wont get it on the cheap.

I've written off my purchase at 4.3p I would rather see it go to 0p and stay in the game than sell, just in case it ever does go places. I am of the opinion though that we are being played. LL and Leap, If this is such a sure fire bet, surely you question why somebody sells 2.5million shares at 2.1p Why would they do that?

Exactly.

Good advise spindok. I would sooner see them cancel the next two or three dividends and concentrate on paying down the debt. They are cash generative and would soon improve the gearing. The sp would get floored in the meantime...or not.