Member Info for lloydyboy

Interesting

Not totally true. It’s been spout a lot to get a placing away, miss the dates for updates and then don’t say anything. Not really acceptable.

…. So much for all this positive news. Communication is terrible.

Poly want a weak ruble sue to the russian debt and purchase of machinery and parts. This has been stated in previous calls. In relation to labour, they will not be paying more. Just like the Uk. Inflation is inflation.

Because EVR was selling steel to Russia, because their biggest shareholder was abramovich… poly is not and has not sold any gold to Russia since the start of the conflict.

at this price and going ex div on the 5th Jan, December should show a healthy return on investment from this point. Would hope to see 250 plus before ex div, more than reasonable off of results.

I generally like to know how the feeling is to the share price within the board and execs within the firm so I sent an email. Go this reply which is positive. Hold for me from this level:

Lloyd,

Many thanks for getting in touch. I appreciate your interest in, and frustration of, Dr. Martens’ share price post our recent H1 results.

As the senior company executives with significant personal shareholdings in the stock, CEO and CFO are as frustrated as you by the reaction of the stock market to our results. But, this does work both ways as, on no new news and during our closed period where we don’t meet with or talk to analysts or investors, the share price recovered from 212p on 12 October to 292p on 22 November, a 38% increase.

As custodians of the Dr. Martens brand, we will continue to manage the business for long-term growth and not for responding to short-term share price challenges. We are confident our approach will yield long-term share price appreciation.

With regards to share buybacks, we have stated we will have excess cash beyond growth capital investment and the increasingly attractive dividend (up 28% this time), when we are consistently below 1x leverage. Most analysts believe we will be in this situation at the end of the current financial year. When we are, we will consider additional cash returns to shareholders, either in the form of a special dividend or share buybacks.

I hope that helps a little.

Kind regards,

Mark

They hold 364m shares with a 2m a day cumulative total trades…. 12 months on this volume lol

Are they dumping? That’s what it feels like.

Clearly working through. Unsubstantiated fall and any sign of a rise is followed with a dump of shares

yes and a buy at a similar time of 400,000 shares

With the news China has the highest rate of covid since pre-pandemic there has to be some impact, more gain for boohoo hopefully, so price should go up I would hope.

Shorters paying for under cover journalism. Not surprising

Trust me they have a lot of shares. Barclays have access to £100k worth.

To buy 5m now. Struggling to hold that 13 and too risky to buy more. Annoying

Cool, your money, feel free. But i am sure there will be some pretty heavy impacts on the 250 either way.

Wouldn’t do anything until after hunts statement tomorrow.

No surprise on volume with all the placing shares forward sold yesterday.

there does seem to be good appetite from buyers, surprising really after a placing announcement....

Tax efficiency at its best