The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Yes, they have bought in sub 20p. They are up over 100%, when was the last time you saw a company, with the risk of administration being sold for 200% above the recent low?
Don't get sucked in, I have no position, but I can't stand rampers pulling punters in only to lose their shirt.
Are you serious? Superdry is a dead brand, with serious debt issues. Unless they raise funds imminently they are finished. This will either be taken private at a far lower price than today OR an enormous fund raise is on the cards.
Don't ramp others into this if you don't know what you are talking about.
You think he is going to pay an 800% premium? In my opinion, this is a pump to get a fund raise away at a better price. Be very careful.
Just don't response to obvious messages then. Ignore him.
Placing puts a floor on the price at 1.10 and completely makes sense as they use the money to enhance the roll out.
The main thing to take from the RNS is this:
"There has been a progressive build-up of signed-up users, and the Company are greatly encouraged by the market traction the GS20 Exchange is enjoying. The GS20 Exchange is generating revenue for the Company via trading commissions at varying levels depending on the type and size of transaction undertaken."
So they confirmed it IS live and put to bed the speculation. Can't really ask for more at this point.
Missed most of the rise Friday and was hoping there would be a pull back this morning. I'm now full invested.
No RNS is needed as its been stated this was already going to be live in the second half of 2023. We can all see the numbers being generated and if these are accurate then it makes the current market cap seem absolutely ridiculous. I've bought on the punt that this is severely undervalued and I'm honestly looking at 10x the current price before I consider my options regarding selling.
This is one of those rare opportunities that only come around once or twice a year.
Related to US peer TransUnion poor results today. Citing weak US/UK.
Something spooked analysts in the conference call at 1.30 today.
I agree. Mad to sell here, I guess there is always the risk the vote doesn't go through next week, although it seems a dead cert it will.
Why would you think it would be with the stock exchange. It's actually pretty common for companies to receive offers, reject them and not even tell the market until months later.
Yes weird reaction to the report today. The report says its ready to open, big difference to actually saying its opening.
"370's". Its uncrossing at 372 at the moment. I'm taking this as a buying opp.
Bloomberg: An investor group including a former betting executive are pushing for changes at 888 Holdings Plc to boost the UK gambling firm’s value, according to people familiar with the matter.
The consortium, which includes former GVC Holdings Plc Chairman Lee Feldman, have contacted 888 with their proposals, the people said. The group has built up a stake of more than 6% in the company, the people said, asking not to be identified discussing confidential information.
Proposals could include leadership and strategy changes, the people said. A representative for 888 couldn’t immediately comment.
“We think these are great assets that are currently undervalued,” Feldman said by phone Tuesday, declining to comment further. GVC renamed itself as Entain Plc in 2020.
888 Chief Executive Officer Itai Pazner stepped down in January amid a probe into whether some of the British gambling group’s VIP accounts violated money-laundering policies. Shares of 888 have fallen about 63% in London trading over the past 12 months.