Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Frasers Group taking a stake in Brown Group (4.54% - almost 21 million shares). Another big fish taking a stake in a struggling company?
I wouldn't be surprised to see something similar at THG at some point.
LOL....there is quite a lot of miffed customers who have pre-ordered and not received their orders (mee included). Look Fantastic have also begun promoting a 'Free 18-piece Gift' which does not look like it is included for pre-orders.
Lots of peeps unhappy on Insta.
Not specifically THG related.
I went shopping in West Quay Shopping Centre, Southampton (I don't go shopping often if I can help it).
It took me over half an hour to get to the Centre the traffic was so busy. When there, the place was brimming with shoppers.
If people are tightening their belts then there was absolutely no evidence of it at the weekend.
Retail sector in general struggling at the moment - both online and Bricks & Mortar.
Doesn't help that MKS receives a Broker downgrade to 120p - which is just a crazy 'finger in the air' guesstimate.
Cyclical and it will recover at some point - just depends on individual tolerances and timeframes.
Market being fairly cautious on Truss' appointment.
It may become more buoyant as, and when, specific policy details are revealed regarding Cost Of Living increase mitigation.
Looking forward to getting results soon - I suspect for many it is a decisive decision point - insofar as we have all been holding recently in the hope of a decent company performance.
Problem is that the company is focused on being a 'Growth' stock - expansion at any cost.
The current climate requires a change in mindset from leadership. There is nothing wrong with the company 'mothballing' some of the expansion plans to save short-term costs and consolidate their financial position.
Call it a 'pause' in expansion which can be resumed once the economic environment changes. The inability to change mindset will have caused the downfall of scores of businesses previously where they run out of funding options
I am not saying THG will run out of options but a pause and regroup will consolidate their cash position and strengthen their position when the economic environment is more favourable to expansion.
Just my view.
Wait a Minute......
Every Gram of Protein contains 4 Calories.....Fact.
How can you have a zero Calorie Protein Bar......that does not add up.
Carbs - 4 Cal per Gram
Fats- 8 Cal per Gram
Protein - 4 Cal per Gram
Alcohol - 6 Cal per Gram
All approx.
I see.....let's hope that they get it listed within the beauty brands and promoted on the front pages rather than having to:
1. Know the name of the company.
2. Know the product that you are looking for.
3. Searching for specifics rather than having it presented on a plate!!!!
The Shares acquired by Boo have been taken out of the market and will not reappear. That is a sizable chunk of liquidity gone and demand looks unlikely to reduce anytime soon at these bargain prices. There will be some short term profit taking by PIs maybe but the general share price trend is likely to be one of recovery - barring any reporting disasters.
If you change 'Could' in the RNS for 'Will' then this makes a huge difference.
I believe that changes will be required and that this 'Will' materially change Group Profitability.
I am trying to read between the lines - of what they know and what they can currently communicate.
I am now 75% down on my REVB investment!!
"The auditors have subsequently raised certain accounting issues with management regarding the audit and these could have a material impact on the results for FY22 that have previously been communicated by the Group. In the event that material adjustments are required, the Group profitability for FY22 could be materially reduced across a number of potential adjustments including stock and bad debt provisioning and revenue recognition. Once these issues have been fully resolved and agreed between the auditors and management a further announcement will be made."
'same company as a few days ago.'
No it is not. There were no irregularities reported a couple of days ago.
You now have some very substantial news that you did not have a couple of days ago.....but it is your hard earned cash not mine.
I will be taking my time to consider my position rather than hastily jumping in.