Member Info for Peoplepower1

From what I can see, none of the newspapers have picked up the FCA formal investigation into REVB for the period July 2021 to September 2022.

So they obviously see it as non news.

Ubik_Fresh - Boo want their investment in REVB to succeed because it means more money made for their investment.

REVB need a CEO who knows about beauty and skincare, is passionate about these and wants to grow the business.

The FCA are doing their job and if they weren't, that would be wrong.

REVB need to get to making a net profit from their revenue.

Warpaint are making 10% net profit from their revenue and it's the same type of business as REVB. REVB are cheaper than Warpaint.

When you invest in a business you need to look at their potential for making a net profit from their revenue and their potential to keep increasing their revenue and therefore their net profit.

Hosai - REVB can't mention a likelihood of a FCA formal investigation. REVB can only say what is actually happening.

Redhammy - you do know my motivation because you thanked me for it before on the Boohoo board. I showed you on the boohoo board my upside posts and my downside posts there. Then you understood.

Redhammy - thank you for your post. As I said I try to bring balance to a chatboard. Too much downside here.

REVB need a CEO who has experience in the beauty and skincare business. More importantly is passionate about it. Bob, to me, was a temporary CEO steering the ship so to speak from the rocks .

The share price to me looks like it's consolidating. Shares go up, then consolidate. Shares go down then consolidate. William Currie Group have just bought about 10m REVB shares at a cost of £3m. Sir Terry Leahy is on the team of William Currie.

Boohoo grew the Boohoo share price from 22p to over £4 in 5 years. Nearly 20 times. The reason Boohoo's share price has gone down is because of competition from Shein and Temu.

Bob Holt has sold half of his investment in REVB which were free option shares. He has kept nearly 2.4m in REVB shares.

The founders will keep their shares until they sell them. Nobody can make them sell them and I'm sure they want to make as much money as they can from their shares.

The FCA must declare a formal investigation before bringing any criminal proceedings against Minto, Allsworth, the CFO at the time and anyone else. The FCA can't declare a formal investigation until they are absolutely sure a formal investigation is needed. This doesn't mean the FCA have not been looking into REVB. The FCA have to look into REVB before they can declare a formal investigation.

The share price will depend on the net profit the company makes. The sooner the company can show they are making a net profit, the sooner the share price will rise.

Redhammy - I wish. I've said already I try to bring balance to a chatboard. Where's there's too much upside then I bring downside. Where's there's too much downside then I try to bring upside.

Exactly oxygen, it's an unfortunate distraction and no need to panic.

The opening price will depend on the amount of sellers who have been scared into selling.

Nobody knows.

It's a storm in a teacup and depends how holders react to this.

One good thing to come out of the FCA formal investigation will be Allsworth won't be getting the overvaluation price of £23m for Medichem

That will certainly be a huge bonus for REVB.

Hereshopin - the FCA must be sure they need to do a formal investigation before announcing this. The FCA will have been looking into REVB for some time and certainly from REVB's own investigation outcome. The FCA have to do a formal investigation before any criminal proceedings can be brought against Minto, Allsworth, the CFO at the time and anyone else. There are a number of areas, the false accounting, the loans and the overvaluation of Medichem. These are all market manipulation.

Onsolidground - I never said Bob Holt sat on any information for 2 days. I said REVB including Bob Holt will have only got the notification from the FCA on Friday 21 July 2023 at about 4.30pm after the market had closed for trading.

Onsolidground - I believe Boohoo bought their REVB shares from Jupiter during the suspension.

Ubik_Fresh - it will depend on how many shareholders are scared into selling.

HersHopin - Bob Holt didn't sell his REVB shares at a low price for him. These were free option shares where he didn't pay anything for them. It was all profit for him. He still retains nearly 2.4m REVB shares. 1.5m of them he paid for and the remaining nearly 900,000 were free option shares.

Hosai - your link also includes market manipulation which would include false accounting or "chunnel funding"

Well said Hosai. The 888 investigation was by the Gambling Commission whereby 888 could lose their licence.

Thank you pedro61 - for your determination.

Thank you pipedreamer - keep up your excellent work.

Thank you HersHopin - you make me laugh.

There are many books out there on charts and technical analysis for shares. Many successful investors believe in charts and technical analysis. Others prefer fundamental analysis or a combination of both.

I can see there's a great deal to be learnt from charts and technical analysis for shares.

Personally, I like pipedreamer's posts. I've found them to be extremely close to predicting what's happening with the share price in the future.

For me, ppedreamer knows his stuff and so I never dismiss his posts. Check some of his past posts to see how accurate he has been with the Boohoo share price and where it's going.

Charts and technical analysis are an aid to predicting where the share price is going from where the share price has been.