Member Info for Markstuffed

I was wondering that too - is it that Ferovinum have essentially pre purchased whisky, i imagine at a discounted bottle price (to sell to whom??) meaning the facility somehow has a net zero balances sheet effect? Seen this just this morning:

...other areas of the Group continue to trade well and further progress on strategic objectives has been made as detailed below. The Group's stock-backed balance sheet is strong, even more so since recently agreeing its partnership with Ferovinum which has allowed ASC to convert maturing stock into a just-in-time asset at a truer valuation without increasing its overall debt level, giving the Group financial flexibility and optionality. Under the current arrangement ASC can draw up to a further £12.4 million providing ample cash and liquidity.

@Scottybail if this is the case, my new concern is other competitors will sort this out and leave KNB behind. The market will indeed grown, but not ness with KNB in it!

Ive been watching this one for ages (since c. 17p iirc), with a view to buy, are we at the bottom OR will it be a slow death probably by running out of cash..

certainly a good price if it stops dropping slowly. Still to make the leap myself, but gotta be worth a punt..

Hey all, been watching this co. since the SP was at a heady 22 pence.. 36% later at 14p, how low can it go... Seen that podcast posted earlier (thanks original Harry!) and a bit of "more updates and notifications coming soon". Year end to December so i'm guessing there is more covid based depression in the next set of accounts which will brick people up a tad. Any sensible thoughts? Get in now, wait a couple of years, or is it strictly no widows and orphans??

I'll take that as "this is a share noone is interested in" :D

Anyone got any thoughts as to where this SP is going? Its a decent sized stake, is this just another uninteresting share??

https://www.lse.co.uk/news/TIFS/in-brief-bain-capital-sells-gbp110-million-stake-in-ti-fluid-systems--y7ci3fcq1z1ayqv.html

https://www.lse.co.uk/rns/DARK/directorpdmr-shareholding-lr10whphmzfye1k.html

Its on here (Live RNS tab above)

As a matter of interest, how much churn does there need to be to make a difference to a share price? There's so many pressures that this board on its own cannot have any effect. However, if Daily Mail Money sees a trend and they publish it, it could have an effect, right?

"When will people learn that crying and bickering on an internet BB will have NO impact on the RR share price!"

Hehe true story!

What it does do is give a lot of us a view about who is pushing their own agenda. I'm probably hugely naive, but there are some usernames that i am starting to trust on here, that seem to have views that are reflected by the SP, and are following my long term holder view (but a cheeky trade is never out the equation). Calling out nuisance users is also quite handy to me!

I use this forum to give me some wider thoughts about specific shares, signposts to various articles i haven't seen etc, but it really is caveat emptor, right?! I did double my share holding in this and one other share the other day and both are doing splendidly so far!

All the best, and keep it all coming, M

Ah, paywall! Don't suppose you have the article in full, do you @NIGECO?