Member Info for obstando

The BOD are hopefully running the company in a manner that ensures the genuine holders here will be very well rewarded in the coming years and are not in the business of writing RNS's to pander to the nervous Nellies that seem to be crawling out of the woodwork.

If waiting a while longer is too much for you I would strongly suggest you take your money out and put it in a Post Office junior saver account.

@wolf - most of the major brokers (HL, ii etc) ring-fence your holdings meaning they do not form part of the company assets and therefore should be safe in the event of them going bust. It's always worth checking status of your broker as not all offer the same level of protection but in the worst case scenario you always have the £85k FSCS protection

I say you whine like a baby as a) it describes you to a tee and b) it clearly annoys you and your posts are hilarious when you’re rattled

As I said JS selling shares in another stock (or stocks) is irrelevant here. We don’t need to know what he has for breakfast or when ho goes to the toilet.

If/when his holding here changes it WILL be relevant and I’m sure we will all be happy to discuss that.

It seems to me that you post exactly what you like (usually I’ll-informed drivel) and then whine like a baby when you get called out on it.

Take the Tweet for what it says, read it and understand this isn’t the DaVinci code and there are NO secret messages involved.

DM is not someone that would risk his reputation or face the wrath of the FCA by trying to give hints to investors. That just isn’t how companies work.

The message clearly states that the company is continuing to drill primary targets.

News will come via RNS when it’s good and ready.

Not really relevant to ZOE as he can buy and sell shares in other companies as he pleases.
If we get an announcement that he has bought or sold shares here then yes that’s relevant.

*filter anyone

@lional - I have never felt the need to anyone as I am happy to read posts that may be negative but may also be worth discussion.

It's easy to skip over the posts that lack any research or are blatantly looking for engagement but it does demonstrate a really unsavoury section of society that clearly have some disturbing issues. I guess these social inepts are resigned to living very lonely and unfulfilled lives.

What on earth possesses someone to come onto a board to gloat when a share price falls (@taken4aride and @banzai for two)?

Is there something missing in your lives that drives you on to bait investors in a company that a) you aren't invested in and b) you clearly have no knowledge of or understand the business.

Sadly your comments say more about you than they do about our investment choices and the professionalism of the company.

Come back in year's time and see how the company is doing but until then maybe ask yourselves why you are full of such bitterness and why you crave attention from a group of people you don't know.

What a sad existence

@Amran - I think the reason that ZOE are down 12% today is based on the announcement that they have "only" rolled out to 2500 outlets in the US and didn't reach the 3500 that was projected. I don't think that news would have had any impact on today's small drop here as the SP seems to be trading within a channel here and I think it will do until tangible news is released. There was no mention of the cosmetics sales in their update but as discussed before the bulk of ZOE's business is in tobacco cessation and not cosmetics.

Interestingly ZOE also announced that their Zoetic products (cosmetics, creams, oils and edibles) will be re-branded as Chill along with the company ticker. It shows that the company have thought about branding for target markets and it will be interesting to see what branding we can expect here going forward.

The CBD market in the UK is a bit subdued at present because the FSA have dragged their feet and missed deadline after deadline for their approvals process with a number of companies left in limbo. That will hopefully change shortly and whilst it won't have much impact here should be a boost for the CBD market as a whole.

Well today has brought a lot of noise and much negativity which was not unexpected.

There seems to be a clear division between those that invested for the whole concept and those that bought in because of the massive SP increase over the past 15 months.

For those that bought into the company because of the longer-term vision I think today's update is actually very positive. I am happier with the state of the company today than I was yesterday.

So the roll-out has "only" hit 2500 outlets so far. Some people think that's bad but but take a step back and think where we were 12 months ago. Selling in 2500 outlets today with that number contemn to grow is an enormous achievement. There were naysayers suggesting the company was based on smoke and mirrors not too long ago so the brand and concept are now proven.

The foundations that are needed to become a real global powerhouse have been put in place and now we can move forwards knowing that the market is there, the brand recognition is there and distributors are chomping at the bit.

The sales numbers may disappoint some but if you are really invested for the long-term they aren't an issue. Some will have sold today as the SP has fallen but when you look at the update it's hard to understand why anyone would choose to sell now. The store numbers are lower than projected but they are still growing. There is nothing of concern here for me going forward and I am happy to sit back and relax as I am confident we will see a steady climb from here as momentum picks up.

Time to switch off here and let the nervous Nellie's saturate the board. Hopefully business as normal will be resumed soon

27p was broken earlier

@R1bo - sometimes people only see what they want to see!!!

As someone always being moaned at for being a de-ramper or always talking the company down this makes interesting reading....

http://pumpedordumped dot com/rampchecker/rampcheckbytidm.php?search=cbx

@R1bo - I don't think that 20p is unachievable upon substantial news but do you have anything to back that claim up?

My opinion is that it could reach that figure but that is purely because of the hype that surrounded the IPO and the fact that it will receive plenty of press coverage.

I also believe that the market will stabilise after that excitement with the SP returning to the current trading range (7-10p) as it will take a good 18+ months to get to a position to underpin a substantially higher mcap. That trading range still values the company at £35-50M which for a company at that stage would be more than reasonable.

....and as if on cue the dumber Chuckle has arrived

@chickadee - for a first post you could have done better. As some have already pointed out it can be taken badly to make such broad guesses at anonymous name on a BB

1) No the members here are not all retired
2) No the members here are certainly not all English and most that aren't would probably take offence at being called English
3) No the members here ar not all men

I wish you luck with your over-extended investment and hope that any future contributions won't make quite as negative impact as your first

It's quite amazing how long it has taken for the penny to drop for some people.

Regurgitating what others who have put a lot of research into the company have been saying for a long time is not really worth commenting on.

It was good to see someone finally use Love Hemp (LIFE) for a comparison recently.

LIFE this morning announced a trading update summarising sales growth - selling in over 2000 UK stores including 198 Boots stores and 838 Holland & Barrett stores, distributors including Ocado, Alliance Healthcare and CLF with Amazon to come online in Q1 2022. Online sales represent 59% of their revenue.

This has taken a number of years to achieve yet their 2021 revenue was only £4.31M and their market cap sits around £6M. The announcement was only a trading update but it is generally accepted they are trading at a loss. They are also in the process of rolling out to US and Asia.

Those expecting a SP of 20-25p (company valuation of £100-£125M) here within two months may be over-ambitious.

ZOE (the other CBD company many like to compare to) are due a trading update within the next week so if they split their cosmetics part of their business from their tobacco cessation we may also get an indication of what their business is worth for comparison.

Whilst I expect to see the SP move upwards from here as news gets closer I struggle to see how the company valuation will justify some of the figures being banded around.

It would be nice when people throw out 20-25p within 2 months to provide some substantiation of how they are arriving at that valuation. Basing it on an over-hyped IPO is not really a viable way to value a company.

We can all say £1 next week which will get plenty of likes but the cold hard reality is that there is a lot of work to be done here and the company need to deliver and deliver soon in order for the current mcap to be underpinned.

Some nice positive numbers but I would have liked to see some reference to profitability. Increased revenue is meaningless on it's own - at least some comment about whether the company is trading at a profit would have been welcome.