Member Info for preciousmaj

I said you shorts were going to burn Chaebol

They only received the letter from the FCA at some point yesterday and they released the news to the market straight away. I think there will be a spike this morning, the FCA are satisfied with Amigos processed, which is a massive blue tick for full approval of lending later down the road.

Interesting what PW likes on Twitter on the day that he announces news of a strategic investor.

Thank you for the crossramp but no thanks.

Shorty going to be burn soon :-)

I was going to include Max Keiser to the list because he's a little nutty like some trolls on here but didn't want to offend anyone

I was waiting for the resident trolls to respond :-)

Why waste your time on a share you're not invested in?

I've been doing some due diligence over the last few days and have just bought in again having traded previously.

This is very high risk atm but I have taken a punt knowing there's a "strategic investor" who is prepared to put in substantial $$$ into the company. Changes need to occur and mindset needs to change at HQ, I'm sure the strategic investor will attach some conditions as well as sitting on the Board.

I feel the company will survive and I'm hopeful the crypto market will become bullish in the next 6 months.

If the strategic investor is someone like Michael Saylor / Elon Musk / Jack Dorsey then it would be very interesting indeed :-)

Thank you for just creating an account and warning us with your first post my friend. I'm sure there's no hidden agenda. P.s. I'm sure it must've been tough reading the bb for 2yrs and not responding.

I'm surprised that derampers are contributing more to this bb then actual shareholders. Ask yourself why they're here, are they shorting / trading / seeking a lower entry? Why spend so much of your valuable time on the bb if you gain nothing?

It seems clear a few are looking for a cheaper entry

That unknown investor who just invested £24m of their cash must be a nutcase then?

I'm sure he must've done some due diligence before putting his/her hard-earned cash on the line.

I thought his response to the last question was fair and honest

"My view is that you need to have a small group of people at the IPO who you need to retain, if you don't do that then you will have a THG type of experience. We haven't changed strategy or advisors and its been an inteersting two years with the media. We had a call with an advisor last week who had dinner with someone from a well known media outlet who said they had a call that THG was a wrong'un - this outelet spent the next 2 years bashing us. They were also negative on Mike Ashley and we have seen what achievements he has made in his business. We're probably in a similar situation. We carry on, we don't change strategy and do right by the business and the people, we can only control what we can control."

Australia is making solid progress with a limited product range, just opened a distribution centre there. America, UK and Europe are naturally strong markets.

From earlier on:

''We expect revenue and EBITDA to go up going into 2023"

I'm expecting the SP to respond accordingly

Not all the bids have made it into media.

The bids gave an opportunity to engage share register. Shareholders were clear there was no appetite to accept a bid at those levels.

The bids on the table were credible and well funded, in some cases they were from well known names. Advisors wouldn't recommend accepting the bids.

Re: valuation today. THG value today is 2x sales, simplest to understand is the nutrition business, if this is 2x sales and you can compare with myprotein's smaller competitor who just sold for 5.5x sales.

He wouldn't comment if the nutrition business has receieved any bids.

https://www.asktraders.com/analysis/ubs-backs-boohoo-at-revolution-beauty-what-next/

"At which point one explanation for the UBS picking up 6% of REVB is obvious. UBS shares the BOO supposition that after the suspension things will be fine and the Revolution share price will rise. That is why you buy a decent stake in a company after all.

However, it’s possible to think of other explanations. For example, perhaps some core shareholder in REVB wanted to get out even during the suspension? In that case selling – at some wildly low price – to a bank willing to hold the stake could be the only way to do that. But that explanation runs into the announcement problem. We should also be seeing the note telling us that someone with over 3% (the announcement limit) has reduced their shareholding to match the UBS position.

In the absence of that announcement then we should assume that UBS has picked up the stock piecemeal – and therefore as a positive move to increase the stake, not a part of some other trading business.

Given that REVB is currently suspended the only likely impact of this is upon BOO shares – their decision to buy into REVB is now being backed, in concept at least, by a major bank."

I'm sitting on a 258.19% profit currently but gutted that I only invested £2.5k at 8.1801p.

One thing is for sure, I won't be selling any below 60p.

Great news about BOO building a decent position last week, I suspect we will get 1 or 2 more TR1's this week. If a TR1 comes from THG or another potential suitor then things will get very interesting.

Anyone still concerned about the audit?