Member Info for Madtom

Yep the buys have dried up a bit, especially this week so far.

I haven't counted back to see how many shares the company has bought back but I don’t think it’s as much as was suggested.

I still believe though that this is undervalued by some margin. As for a Christmas prediction……. that’s a difficult call, but if calculated guesses are allowed I’ll go for a tentative 25 - 30p region based on a positive upturn into the Autumn 🤞

A very challenging period for this company.

Significant turnover losses from losing key customers such as Carpetright, Scs & Floor room ( JLP).

Job losses from across the Hugh Mackay brand & likely more to follow from around the group of companies.

20p paid this afternoon, which is the first time in many months.

I think that the share buy back is helping push the SP up nicely , as predicted.

So the early signs are that the buyback scheme is already having a positive effect on the share price.

Still ridiculously low imo, so plenty of growth potential.

The £16m pretax loss reported today by the closest competitor for the last period of trading, only underlines how well LW are performing in this tricky marketplace.

I agree.

The buyback scheme will boost the share price to up and around mid twenties by end of August.

This should be a great time to buy for anybody with a bit of spare cash !!

Great to see more interest in buying over the last week or so.

Some big transactions, but also nice to see a steady flow of regular moderate buys. This is what this share needs to steadily grow back to previous high’s.

The companies trade performance is outstripping it’s competitors , which should only attract more interest in this share.

Very positive results considering market conditions.

Clearly outperforming their closest competitors.

Great news for shareholders on the dividend too.

Tony Judge

Retirement , to the best of my knowledge.

Disappointing but expected.

Possibly Tony Judge,.

I’m not sure of his stock holding but I believe he is to leave/retire some time soon, if not already.

And also a larger one from Friday.

Possibly the Director that retires at the end of this month , cashing in ‘his chips’ !!

Yes, plenty of natural growth to take from trade competition but not just Headlam.

And also , plenty of motivation from within Likewise to make this a big success.

Probably because a lot of LTH’s have cashed in or sliced significantly after being under for too long.

I believe just the other day someone reminded to ‘ buy on rumour , sell on news’.

A lot of investors will follow that whether they admit it or not,

GLA

Just be wary of getting ‘spiked’.

To short this right now is like playing Russian Roulette!!

Either very brave or Exceptionally foolish.

Time will tell !!

Great !!

Now that that is settled, it removes the only perceived negative hanging over this share.

Hopefully, the chains are off and they can gradually grow the SP.

That was from Friday pm & looking at the price it’s almost certainly a buy.

Nice to see such confidence.

And as TB said in the recent investor interview -

‘If you look after the company, the share price will look after itself’.

So only good things ahead here in my opinion.

I think you’ve got the wrong board chat board Xviolet.

A very good listen for an insight into the Likewise journey so far & the short to mid term trajectory of the business. This interview/chat with TB and an independent investor gives me great belief in my investment here.