Member Info for redwineday

yep. new cfo has lifted up the stone and found ****roaches underneath.

Hmmm

I'm sure he is looking at the value creation possibilities but I would have preferred the 25m being handed back to shareholders which I'm sure would have had a very positive impact o the SP.

One way or another this shows the crazy vacation of Kistos. He just spent 20 odd pc of the current market cap on a Cheshire storage facility. Either the market has it very wrong or he has!

Each time existing shareholders have been diluted it has leaked. I'm not saying a raise is imminent but they have a history facilitating the trading pre news.

I agree, it seems to be a slow deflation and there could be any number of reasons why there is a seller. Just seems strange to me with the company now in better shape than it ever has been we are at a new low. Obviously I hope I am wrong.

Got to say I find this surprising and also a bit alarming knowing how leaky STX is. Having said that even if they miss the guidance by a few thousand Rx, the valuation and SP simply makes no sense unless there is something else afoot or PI's ( no large holders appear to be selling) are simply giving up. Very frustrating.

Wonder if there is a bid coming? If you were looking at FOXT then you would have to move soon I reckon. If they hit their 25-30m target in the next couple years then at 2023 PE you would be looking at 120p minimum plus the premium. Today you could probably take it out for a quid.

So, both at 10% discount to NAV means combined they will be at 10% discount to NAV?

Not sure this changes anything in the short term, although longer terms I imagine once rates start to decline we could see a positive impact vs do nothing.

Mkt cap now less than 2025 FCF forecast. Nuts..

I should have said, could be the govt take it out. National asset blah blah....

The financing issues still exist if its take private, so not sure what that solves.Ask yourself who would want to take this on in the current diamond market with the potential of massive investment required at current level of interest rates.

IMO this will bounce around at this level until there is a clear pick up in diamond prices. Might be time to get back in then if you believe a take out or take over is possible.

And apparently, judging by the tumbleweeds, have no prospect of drilling.

Looking at those 2 tabs I see around 36% of the shares in insiders hands.

NIge,

Looks like the Zedra holding is something to do with the S4 Employee Benefit trust which had a similar level of holding in Jan but on that latest screenshot has disappeared. On Zedras website the say they specialise in corporate trusts, so I guess there has been no actual ownership change (also no TR1). Probabaly some trust restructuring/tax whatever.

Seller is back.

Just don't see it.

SMS has a controlling share, other insiders own a whack of the company 26% according to Morningstar and thats not counting the holder of the buy out shares which must be quite substantial and all valued at around £4. Why would any of them agree to a bid at least at anything like their buy in price?

Algo selling is intense. WTF is going on?!

UK estate agents see house sales and demand rise for first time since 2022

https://www.ft.com/content/149c0d5e-2e53-47a4-b0b9-67d78b43083a?segmentId=bf7fa2fd-67ee-cdfa-8261-b2a3edbdf916

Chunky selling reported after the close. Monday announcement?

The LSE is just a shysters racket

Yep, I think this is the risk at least in the longer term for WOSG. Big brands get bigger and sell direct. Smaller brands need discounts to shift. Has even happened to Tudor recently. They can get squeezed.

Could certainly see PE interest.The big luxe conglomerates I don't think so. The big egos at the big brands wouldn't want the big egos at the other big brands selling their toys. Anyway WOSG is starting to get me interested at this level. Maybe just need the fed to lower the rate.

You forgot capex. They have been pushing it back and at some point that wont work anymore. Secondly at some point they will need to go underground. See the continued mention of slope steepening. They mentioned a feasibility study being done a while back on going underground and since then it's gone quiet. Capex will explode at that point and hit can they fund it? Answers on a postcard to ....