Member Info for muzmanoz

Those results weren't worth staying up for.

Just another $15m of stock based compensation this quarter for no growth.

Both Buglet11 and diandto accounts created on 16 Nov 2020. First posts on 22 June 22 and 23 June 2022. 36 and 35 posts. All on saga bar one post of diandto. Surely people have better ways of spending time.

If anyone subscribes to stockopedia, Paul Scott had a look at saga in response to a subscriber's comments. Seemed to think, on current information, that a rights issue is not on the cards. Interesting reading. Don't want to be that person that posts what he typed behind a paywall.

Tremor was dropped from the Small Company Share Watch portfolio so I imagine its subscribers who invest in tremor have been selling out.

Finncap have retained their £17 price target

Mentions that the cost of scaling its higher margin self serve and PMP revenue has meant net revenue both actual and forecast is light plus some advertisers had postponed due to supply chain issues.

It's ok, there was only $16m of share based compensation this quarter. Holds head in hands.

What gets me is that eps forecast is, as far as I know, still 40p. We could do with more communication from the company.

Isn't there a chance its going to get into the FTSE 100 this time round.

I had a quick look through the scheme document. Nothing very new although I note that they calculate that between the offer and the publication of the document the total value of the consideration has dropped from 47.9p to 35.6p. Doesn't seem much other option for Innovaderma as the directors say it needs further investment.

They talk about maximising Innovaderma's access to Boots and Superdrug and BA's access to grocery chains.

Anyone else had a look?

Anyone know what the two big trades for 19m shares were.

Ha, sorry, missed your earlier post.

ChrisTyper

You've probably seen but in case not you can apply for the offer now through ii's website if you go into the corporate actions section. I've applied for mine otherwise the dilution just adds up.

Shandy I think you are being overly harsh. It's not a great statement but there are opportunities.

It's the first trading statement by the new ceo so he is going to clear the decks and get as much bad news out as possible. Mark Ward has invested quite a bit of cash as a shareholder and is now sticking in £500k as a loan. He's on the inside. Unless he is getting a good deal re security why would he stick more money in.

Covid has understandably had a big effect but they still managed to do £4.1m. Last year was £5.1m, the year before was £3.8m, before that £4.2m. Covid completely wrecked the launch of nuthing and relaunch of roots. I imagine they will have been discounting prices so volumes may still be similar. It needs the country to be open again at Easter.

Cash, they give no figures so we will have to wait until the half year report. But it has always been a struggle at this time of year when they are building up stock for H2. Hopefully it is a short term loan. A placing might actually be good as we will have cash to start exploiting the international opportunities and can push nuthing.

I'd welcome them selling life sciences as it just seems to swallow cash that could be used to push international markets for skinny tan, charles and lee, nuthing. These seem better bets than a hair helmet and a small plastic device that looks like it should cost £10.

Intangibles seemed to be an issue with investors before . New ceo can write off chunks of the customer list intangibles and it might be more attractive to investors (after the short term paper hit). Everyone new the balance sheet was weak.

Is Joe B a loss. The company has just be bumbling along with no momentum. Lets get a proper strategy in, back it with cash and see what happens. I'd rather take the increased risk now and see if it works than a slow drawn out death.

It's going to be a bumpy 12 to 24 months but hopefully there is a pathway.

Just noticed that a Mark Ward has been buying shares in Revolution Bars. Anyone else noticed any Mark Ward purchases?

A week today until results and online presentation.

I've been saying that since my finger hovered over the buy button but failed to press it at 265p (having bought at 280 and sold at 310 a couple of weeks before, I had concerns about the french operation being shut but that opened 2nd week of May).

The stores I have been in have no garden stuff left so they are packing the aisles out with cleaning products. This may reduce the sales figures from what they could have been. Not sure what the next "specials" are, back to school? But I think lockdown has seen people try out a B&m for the first time and hopefully they can hold onto the customers. New store openings still going on.

From the PZ Cussons update today. Bad news for IDP or an opportunity with DTC?

"Our Beauty business has been severely impacted. St Tropez has been hit hard by the social distancing measures in place in the UK, US and across Europe. Our significant marketing activities planned for Q4 have been cancelled and we expect this business to be slow to recover. "

If you can assure us provide the numbers to back up your assurances on web traffic. You must have a source to be so confident.

This is the same for most supermarkets that I have been into.

On the plus side . The stores remain open and sell a wide range of goods. So people who go to do a little food shop can also pick up pet food, diy and garden goods whilst they are at home.

Graham Neary has done a write up on his website cube investments (also writes for stockopedia) in his mid market review. Says he is a happy holder.

"Putting it another way: in just under a fifth of Q4’s total trading days, they have already achieved 37% of the prior quarter’s revenue!"

Listened to the webcast. Not many questions and all seemed positive.

They Stopped short of giving quarter guidance as they don't know if current market volitility will continue; whether customer behaviour will remain constant; and what other steps governments will take to support economies in these unprecedented times.
Client money balances at approx £1.5bn roughly same at start of the covid issue
Client growth continuing
No effect from shorting bans in certain countries seen yet
Any crossover from sports punters as a result of sport event cancellations will likely be small
Too early to tell quality of first time clients or repeat use
No news on regulation in Australia and they wouldn't be drawn on whether this will be delayed due to focusing on coronavirus by the Australian government.
Still consider there are opportunities in Japan and Asia