Member Info for MrMagorium

It keeps trying to go, but being held back ultimately by lack of news.

CEO needs to buy some shares, feels very evasive on that front unless of course there's a genuine reason they can't.

I suspect a retrace towards 5p could now happen as the MCAP moves closer to cash.

The Tech should have been in UAT since at least start of December if you read between the communication lines and RNS releases. Minor issues can take a few days/weeks but months/quarters... something not feeling right.

This product markets itself as an out the box white label plugin and surely must be a concern for potential partners, as they want to see live results that the tech intigrates with systems and generates revenues! If it doesn't it can end up costing more when it goes wrong!

Will have to see what happens from here on in. But today RNS worries me.

IMHO, DYOR, GLA.

Toffeeman, when did you RNS your notifiable holding? I have also been awaiting your EGM papers you threatened last week? I think a lot of what you say is hot air unfortunately, but you seem fascinated with this company for some reason.

CJ39, if you back yourself and think the equity is worth more than the 100 mil it's on offer for, then your plan could definitely pay off and you make a sizeable return.

I like a punt on recovery stocks, but have been caught short a few times, not because the business was bad, but because the Management have made poor decisions which have left the shareholders with no return (arguably going against their fiduciary duty... but no legalities, or nothing has come come of it)

This business shouldn't fail here for shareholders, because there should be sufficient assets to paydown the debt. Even if a smaller business making less profits... could be a 'shrink to grow scenario'.

Must be distressed sells. I couldn't get a quote on a large test sell earlier, but could buy a decent amount.

That's never a good sign in small cap's, until of course the story reverses and there's a rush of buys (which can happen anytime with small stocks like this)

It's hovering around a 1 mil Mcap with an asset recognised of 10 mil. The market clearly isn't taking any notice and it won't, until there's a positive RNS... which if it does happen could mean a decent rise...

If the sell off isn't due to Dowgate bring under pressure to offload and there's some unwelcome news, then i recon this could take at least another 20%.

It's rare institutions sell off piecemeal into the open market for no reason, so it really needs to be understood why it's happening.

If the sell off is due to Dowgate being pressured to sell, then you could see a nice rise from this level...

AIMHO...GLA... PDYOR!

CJ39, good luck with your investment here! If it does well at least you can make a profit and have the bragging rights.

In my view though, Evoke and Entain are not an apples for apples comparison.

Entain is a diversified global operator; Evoke is a heavily UK-exposed turnaround with a balance sheet that's been stretched to breaking point.

Entain's scale gives it pricing power, regulatory insulation, and strategic optionality.

Evoke's equity is a thin sliver, sitting beneath a mountain of DEBT, regulatory baggage, and integration hangovers.

Pretending they deserve similar valuations ignores the structural reality: one is a global platform, the other is a distressed asset fighting for stability. Investors aren't mispricing Evoke - they're pricing the risk that it doesn't make it to the other side for existing shareholders!

Why wouldn't it happen Toffee? You stated details are to follow. You got cold feet all of a sudden?

Awaiting your EGM resolution Toffee... if it doesn't come through, then whats to say you might not end up facing a report to the FCA for Market Abuse.

Toffee off LSE has requested to remove BOD and appoint themselves as CEO to sell the assets of the company.

What a joke the UK stockmarket is becoming.

File a complaint to the FCA with your evidence then.

Posting libellous and defamatory accusations in a public forum, whilst one minute claiming you are selling your shares, then in another 'building' just doesn't stack up at all.

Now you are apparently calling an EGM, whilst slagging off major shareholders who you need votes from.

It's not going to happen is it?

Laura, tipping the days biggest losers, hoping for a quick recovery isn't always going to work in your favour. There's a difference between Investing and Gambling.

You were selling down a few weeks back, now you are calling an EGM. Hopefully you have secured the votes you need ,otherwise you've just played into the BOD's arms for the next fund raise.

The profit warning didn't concern me too much, but when I saw major shareholders dumping their positions on the open market... then that's a different story. The price is dropping because the supply of shares is outweighing the demand and it looks like there could be more supply on the way...

My view is to wait for the 50's.

The market won't have the pockets to absorb all those sells, which will leave an opportunity on the overhang.

It takes me make to the days when Richmond Group dumped Amigo shares 1% everyday.

I still think it's got another 10p drop in it... i'll consider a buy between 50p-60p...

You can get on fill or kill at 26.7p at present.

I personally won't be doing that though as I think the risk is too much for me with limited potential upside.

Interesting... I see 1.8m available on a fill or kill at 0.579p...

Spread is awful... hence lack of substantial buys at this level, but i do agree that this could be in for a transformative 2026 if it executes the strategy laid out in it's last results.

I agree with your point on the inefficient operations of the store... having seen something similar myself.

A local 'mega' store I visited once had no self service tills and one elderly trainee cashier serving a growing queue of people. I saw customers visibly annoyed putting their baskets down and making their way to Home Bargains and The Range...

The stores just feel/look cheap and tacky... but maybe the new CEO can turn it around with a substantial CAPEX investment, milking the strong cash this generates...