Member Info for raddy47

can anyone buy? as i've been trying for last hour

i can sell my full holding but can't even buy £1K worth

Thanks

£2.29

£9m showing also. confidence showed. i think this is due a big bounce tomorrow

This is going pop. Massive news for purple bricks.

https://www.dailymail.co.uk/news/article-8499741/Hooray-stamp-duty-holiday-Rishi-Sunaks-tax-cut-flagging-homes-market-boost.html

If the results are good where does everyone see the share price going to?

Also if results are not great where do you see the share price?

i understand these will only be opinions. Thanks

A nice mention in the daily mail

https://www.dailymail.co.uk/money/investing/article-8465971/Snap-undervalued-stocks-bag-bargain.html

With only 10% of stores opened so far I am hoping the management team are taking this opportunity to renegotiate on the majority of leases.

I'm also hoping we can get out of any leases of loss making stores as ultimately this will help the bottom line. I know it's not ideal as there would be job losses but at the end of the day this is a business and in these extraordinary times there needs to be extraordinary measures put in place. I mean would you rather have 1000 stores making £80 million profit or 700 stores making £100 million?

Cutting our costs is the key right now and with no business rates to pay this year along with the VAT deferral untill next year we could come out the other side in a much better position then pre Covid.

The furlough scheme should be utilised as much as possible. The management should only bring back staff where necessary and leave the majority on furlough. I have been in to a few stores and feel the stores could be run on 50% staff in the current situation.

Cash is king right now and we need to do everything possible to preserve this. There will be opportunities in the future so with preserved cash we could be ready to pounce.

The above are all my thoughts and opinions but please DYOR and good luck.

This is from the government website

'If your business has a property with a rateable value of £15,000 or under, you may be eligible for a grant of £10,000.
If your business has a property that has a rateable value of over £15,000 but less than £51,000, you may be eligible for a grant of £25,000.'

You’re eligible if your business:
is based in England
is in the retail, hospitality or leisure sector
had a rateable value of under £51,000 on 11 March 2020

Eligible businesses can get one grant per property

I can confirm It's definitely upto £25k per store as I have claimed for my stores.

Agreed shops are opening on Monday and with the strong majority of income coming from the shops we should see this climb over the next few weeks. 42p in my opinion is way undervalued as this was trading around £1 before lock down so a little patience needed. A lot of people are just fed up with the lock down as they have literally been prisoners over the last few months so i can see a strong breakout and people flocking to the high street. We just need a bit of normality and the high street can provide this. IMO please DYOR

it would be nice to have a blue day finally... please just one

Hmm somethings telling me it's a serious question

33.33

Something brewing?? The calm before the storm...

Just incase some missed the full update from last week.
Next RNS could drop anytime. Blink and you might miss it

https://www.abingdonhealth.com/uk-rapid-test-consortium-progress-update/

38p would mean a 26% rise on monday which I would say is optimistic

Open £32 close 34

I would agree on BMN then again i could be seen as being biased as I have a modest holding there.
Seems undervalued considering it it is fully funded, and making good money with approx 34 million in the bank
However DYOR then decide how you want to invest your cash.

Can anyone help with this question please, when are we expecting the next update?

Looking good here guys. Patience will pay. Shorters are bailing