Member Info for PhoenixTrader

What did you expect the largest shareholder and ex-CEO to say? I completely fcuked the business and it is now nothing but a worthless pile of ****?

Anyone with a bob or two is now supposedly an investor or a trader when in a reality, for significant majority, it is just gambling!

doesn't every sell have a buyer?

Wow! That is 8% or so of the business, wonder who the buyer is! Also feeling a bit ****ed off and depressed that they own more than 12x what I do having only paid a few quid more than me! :-(

Hopefully, it is a serious player who will give the SP a boost!

Good luck, we all need it!

I am really tempted to double my position and bring down my average BEP to around 5 but the thought of committing another £30k isn't super appealing particularly as I am nursing a paper loss of more than hundred very heavy bags!! And everything I am touching is going to ****s atm - JET and BOO are also down 25%!

I hope you don't dump your near 2m shares in the short term... this feels like a self-fulfilling prophecy, bargain hunters looking to make a quick buck driving the price down which spooks everyone out and before you know it, the business goes under!

What's your source?

You have clearly not heard of Tesla or any other Tech Company... or everyone's favorite: Bitcoin!

On a serious note, I do agree that there is a significant disconnect between fundamentals and valuations. Some might say my view is biased but you have McColls that has debt of 5x EBITDA and is fighting for survival but on the other hand you have the likes of Tesla that is valued at close to a trillion when it has hardly ever made money once you strip out gambling/investing in Bitcoins and selling their carbon credits!

Can anyone get Musk to tweet about how he stopped by a McColls on his way to view the Luton site and just how great McColls actually is? I bet no sooner will the tweet be sent, the valuation will go from 2p to £2!

I agree with the sentiment expressed: "Fail to look after your people and they will fail to look after your customers."

Seems like they have also forgotten the fact that it is us shareholders who pay their salaries!

I have a fairly large position (read 1.5m plus) and have been trying to get in touch with the Muppets - sorry Management - for nearly two months now, and I have had absolutely no response! I went through IR first and then the Company Secretary (Rachel Peat) but nothing! Maybe I should have taken my cue from Klarius and exited as well, after all a bird in hand is worth two in the bush! Once the storm has passed and IF there is an AGM, I will seek continue seeking answers!