Member Info for onsolidground

Its the 3rd RNS on the same news and the 3rd knock to the same sp off essentially the same news. The audit we knew was going to be late. Now it will be slightly later and their listing gets suspending until its complete.

Normal everyday company operations though continue.

"It should be noted the potential changes to the results for FY22 do not impact the net debt position previously notified of £21.2m as at 31 July 2022 and management reiterate they believe that the Group's £40m revolving credit facility provides sufficient liquidity for the future. Management also confirm that guidance for the year ending 28 February 2023, as set out in the announcement on 2 August 2022 remains unchanged."

Jupiter seem to have stopped selling over there.

Provides a round 2 for those happy to buy and who can see that the delay is to the completion of the audit. I think Russia and Ukraine travel personally but its not known.

They are still be trading through online and bricks and mortar retail.

In come the traders sensing a good return for a little patience

On the last RNS on the subject they did say

"The Group continues to work constructively with the auditors on the audit process and continues to aim for this to be completed by 30 August 2022. The Company will keep shareholders updated on this process and any revisions to the audit timeline."

Shouldn't therefore have come as such a big surprise.

If they took it out of auction to give us a chance to buy

I think you are right.

The key questions are what is the problem and can it be fixed.

Late accounts and yes. Temporary problem therefore.

It is the 3rd RNS on the same news. This time telling us the audit will take slightly longer than 31/8.

50% decline.

Audit will get completed.

Should have suspended it today really. They did to be fair say they were trying to get it done by 31st August.

Hasn't changed FY Guidance, sufficient funds to continue and the fact it is trading away online and in stores.

Or the 18% stakebuilding of the last few days by Boohoo and another. In fact it gives them and everybody a 2nd opportunity if you have patience.

.

Market may be underestimating what it will mean for RevB if negotiations start again.

https://ahvalnews.com/ukraine-russia/erdogan-zelenskiy-guterres-discuss-ways-end-war-zaporizhzhia-nuclear-plant

Afternoon SP-28,

If you look at this mornings news of Just Eat selling its 33% stake in IFood for €1.8 Billion it just brings home the glaring undervaluation of THG and its Beauty, Nutrition and THG Ingenuity divisions.

Probably the most undervalued stock on the market imo.

https://www.proactiveinvestors.co.uk/companies/news/990561/just-eat-soars-after-sale-of-latin-american-business-990561.html

https://www.proactiveinvestors.co.uk/companies/news/990561/just-eat-soars-after-sale-of-latin-american-business-990561.html

Not seeing any depressed seller so far today.

Most of the fall has been accounted for in the spread.

FY guidance maintained, 18% new holdings and enough cash to see them through makes it appealing to top up imo

Okehurst they actually made it as a strategic investment so its there for a while.

Agreed we are nearly at the end of summer. Autumn and winter to come.

I have to agree with you on the irrationality. Some sectors fall out of favour but then it turns on the flip of a coin. Markets seem to think extremely short term. Liz Truss gets in in two weeks time with her present 32 point lead, and the first things she has stated she will do is reverse the 1p NI contributions rise and green levy on energy and look to assist further.

It doesn't deserve the 35% decline with Next actively still engaged in discussions for what is purported to be a 25% stake in the company.

If you read back on your post it should be CINE you are referring to and not Joules.

Nobody is interested in your hypothetical trading. You deramped onhere last Friday at 15.5p and it rose to 33p afterwards.

FY guidance maintained so its tempting what with new holders with 18%.

"It should be noted the potential changes to the results for FY22 do not impact the net debt position previously notified of £21.2m as at 31 July 2022 and management reiterate they believe that the Group's £40m revolving credit facility provides sufficient liquidity for the future. Management also confirm that guidance for the year ending 28 February 2023, as set out in the announcement on 2 August 2022 remains unchanged."

Had met with Putin prior

https://www.theguardian.com/world/2022/aug/05/putin-erdogan-meet-secretive-talks-sochi-russia-turkey-ukraine

The thread was on Russia Ukraine