Member Info for Madtom

Hi Londoner,

As it’s been well documented from the initial Valley transaction, I’ve always expected that deferred payment has always been ‘priced in’ to the share value.

There should be no surprise to anyone.

Highlights !!

*Record group monthly turnover = £14 million (Nov 23)

*Year on Year group sales - Up 13.3%

*Likewise branded sales - up 29% y-on-y

( representing major gain in market share )

The fact that these numbers are produced in a very difficult market ( look at other flooring trade listed companies recent statements/results) speaks volumes for the ground work being done and these results speak for themselves.

Very optimistic for the future of my investment 🤞

The updates from this company just keep getting better.

Market share improving all the while & lots more to come looking at the geographical strategies & investment.

This share has to be well undervalued compared to previous high’s and this very strong base on which to build on.

Luxs - I get it !!

I get as frustrated as you at times, as I’m invested.

But I do believe in the strategy of growth and general direction of the company. The economy is a major hindrance and that will change over time.

Patience is required here, however the updates keep me positive.

As for the POS/Sampling issue you experience - are you a ‘trade counter ‘ customer or do you have a designated sales representative to liaise with. ?

Of course it’s vital that pos/sampling is initially offered to those that are likely to offer the best return in sales.

Sampling does come at a cost and it’s important that it is placed appropriately.

Which brand or outlet ?

I am ‘loosely’ trade connected and my contacts tell me the opposite….. that new product & new displays are widely available. A constant battle for floor space but progress being made across the group.

The industry is currently a bit flat with cost of living etc but market share for ‘LIKE’ is expanding as recent trading updates tells us !!

Wow, Bloodbath here today !!

Very poor market reaction to half year results.

Great to see a steady stream of buys.

This is still well undervalued IMHO & I’ll keep topping up when funds allow.

Maybe a coincidence, but following the announcement of the new broker there buys of £130k, £50k & £46k this afternoon alone.

This should give real confidence to other potential investors.

The addition of W H IRELAND as an additional joint broker can only add more exposure to this share.

Hopefully, see an increase in buying in the coming weeks/months.

A big sell last week and another today , I guess by somebody that was an ‘early investor’ or else would certainly be selling at a loss. Possibly the outgoing CFO as stated previously.

I’ve just re-read the last interim results and TB’s outlook and comments and there is nothing other than positivity. I would love to be buying at these prices.

Thanks for posting !!

Should be interesting for potential investors.

Is anyone able to copy and paste a link to the web cast of the recent market update.

Great set of interim results bearing in mind market conditions. Gaining more market share from the competition and infrastructure in place to push on to that £200m T/over target. This group is going only one way - UP. It would be great to see the share price settle a bit higher to give it the platform to reach previous high’s and beyond.

Only positivity 😁

Even more positive news to come out of todays AGM.

Again well up on same period last year and more progression with infrastructure etc.

It would be nice to start to see this share price reflect the trading performance.

More positivity from todays trading update with sales 17.70% up on same period last year and LW branded business’s up 24.40%. Competitors complaining of challenging market conditions not being helped by LW grabbing more market share. This will only increase with planned increase in territory coverage into the South and also increased capacity nationally.

Very good set of results as expected. Ticks in all boxes, and this company are only going in one direction with a solid start to this year also. Solid strategic plan in place to boost infrastructure & geographical coverage.

We’ll hopefully see more positive reporting of Likewise over the next couple of days.

Nice to see a MUCH higher volume of trades today.

Probably many new investors which is likely off of the back of the ‘Midas’ Mail on Sunday, focus on Likewise yesterday. That has created a greater exposure of this company and hopefully even more interest tomorrow with the E.O.Y results.