Member Info for lemonade311

Reminds me of LOOPUP, another trash company on AIM that lost shareholders 100% of their money.

They always put in horrid IFRS numbers and yet their 'pipeline' potential was always increasing.

Obviously management decides what constitutes a 'pipeline' which is why it's hilariously misleading.

Because I work in the industry & a guy with QA tester & product manager on his LinkedIn profile should never be CTO. It should instead be engineering and data analysis experience

Difference is Rogue that this company is garbage unlike WJG.

I posted this 3 months ago as a huge red flag, the CTO is a QA analyst! https://www.linkedin.com/in/chris-oakley-4096361/?originalSubdomain=uk

QA should never be CTO, he knows nothing about LLM's

Https://www.ft.com/content/b184d9f9-eacb-4f70-b85d-b87ea4bcc694

Another potential competitor upstart gone lol. Good for wise.

We were saying this immediately on release.

Nobody should be buying this stock until the CEO is fired. Bad management kills companies and he's a moron

100% correct thing to do.

This stock should never have been on the main exchange. Having to pay 0.5% stamp duty bs is ridiculous as well.

Costs of admin will go down

Of course they can't say when dividends will come back.

They first need to understand when liquidity will come back & for any remaining cladding issues, worse case scenario is they need that cash on their books for this.

Then they need to invest in their land bank again.

Dividends would be insanely stupid right now, they shouldn't even bring back dividends, first would be share buy backs at this price. If they issued a dividend right now I'd sell them immediately because it would be stupid

This is still a sell, even at these levels.

Management can blame 'macro' all they want but the fact is they are bad C-level team. A good C-level team would have anticipated house sales wouldn't pick up while inflation & rates are high and wouldn't have this much inventory

Horrific trading update exactly as I said it would be, why can I predict this but management can't?

Too much inventory, too little cash. CEO needs firing. Look at colefax, significantly better business & management.

Profit warning was given as well just like I said.

Give it time, this will be back down and should be given the awful performance

This rns has been painted pretty by the CEO.

Also this is back to still being lower than where we sold fyi

Anyone who buys this doesn't understand that most revenue comes from dlc and back catalogue of high rated games

Dirty, misleading rns

Nowhere does it say PC2 sales are below their expectations even though they are

They even put strong turnaround in the title lol

Dumb comment lol

Gz on losing 20% from here.

Share price is still too high

Not a good sign for a month old game

2029 cladding deadline is better than I expected, will mean less cost inflation and is well within Watkins Jones remediation timeline

Yes I know how sell-side analysts work and how they exist to promote.

I know they read this board.

Look at this article: https://www.businessweekly.co.uk/posts/full-steam-ahead-for-frontier-developments

> “After a positive critic response (Metacritic: 80 per cent), a mixed reception on Steam (59 per cent rating) has curbed initial investor enthusiasm,” the bank reports.

“Yet encouraging hard sales data is emerging,” it adds. “Unit sales estimates from VG Insights and Gamalytic suggest 137k-162k digital copies sold within two weeks across Steam alone, implying £5m-£7m revenues from PC only, with console on top.

Yeah, exactly what I said below in terms of sales estimates of around £10m for all platforms. That's NOT good though ffs for a CMS sequel for PC1.

CMS games have long tail end sales cycles where you sell DLC. Seem as though whoever is an analyst for this sell-side research doesn't understand video games. Probably some 50 year old boomer.

The sales have essentially completely stopped on steam. No more reviews coming in. PC2 is way off the top sellers list down to >50th place.

Apologies, I believe I have mis-read what is being said.

It seems FDEV cancelled the license to F1Manager25 and hasn't done an AIM release about it which seems to breach regulations as this is material news.

Guys this is old news and was obvious. It's actually the correct thing to do.

Why would it not be cancelled when 23 and 24 sold hardly anything?

The big issue is PC2 isn't selling anymore at all, look at the reviews, they aren't moving

Sorry to hear that @Darlonil.

Not much comfort I know but best to try and learn from mistakes and what went wrong. A delisted share still has value potentially though, obviously it's not liquid and you won't get updates still etc but if you believe in the company long term then sometimes it makes sense to hold as everyone else sells.

Are you sure this is dropping because of wales thing? That was announced in septemer so I doubt it.

Probably due to inflation thing which all the major headlines don't understand that it's actually service inflation that matters:

https://think.ing.com/snaps/sticky-uk-services-inflation-to-keep-boe-cutting-gradually-for-now/