Member Info for redwineday

IIRC in the Q3 presentation they said cash payments were largely finished in 2023, whereas now they have pushed 10m into 2024.

In their Q3 presentation they stated a WA count of 650m share in 2023 and 695m in 2024 (before any share repurchases) whereas as of yesterday we know they had 583m. So I looks like the issuance has been delayed also.

Additionally In their Q3 presentation they say the exact number of shares to be issued depends on the SP. I assume this means that they need to issue more shares if the price is less? Even if so it guess means they could buy these back at a far lower price so should be neutral?

NIge

Function of the formula announced their RNS. There will be no further purchases for a few days as the average price in the last 5 days means they cannot buy. It also gives any shorters a guaranteed exit price. Not sure if this is a positive or a negative though!

Seems to have no support. Company comms are frankly rubbish. A trading update is urgently required.

Took some more today from the seller who seems desperate to exit. Time will tell if I have been stupid or not.

Verney

Agree completely however it ain't gonna happen. Only room for one chief at S4!

By my dodgy maths it's currently trading about 16x TTM PE. If they get the profit up to 25m in the next couple of years then at the same PE this should trade at around 120p. I'd like to see more clarity on when the mid term actually is.

Numbers are nits hit relative to the US. If you take the UK Nov sales rev and divide it by the Q3 USD rev per script it's the equivalent of 574 RX. And thats gross, i.e to Norgine so STX revenue is a fraction of that. Nothing matters except the US numbers....

I'm ok with "cautious". Better to surprise on the upside than, as we have seen sequentially this year, on the down side. It tells me forecasting will improve.

Hoping to see a run up in the SP before Thursday. 60p by the WE!

I think any reason to further short has now gone. This in itself should see SP positive over the coming weeks

Nothing to see here, literally....

Thats a relief! Should limit any further down side from here. Looking forward to a better 2024....

*points not pints, although as an S4 holder some alcohol might be required

This is a 3 yr turnaround minimum, Global Economy needs to pass through the current geo political volatility and US elections, SMS needs to get the act together on margins, which it looks like he is doing via the headcount cuts and forecasting needs to become far more reliable. On the last 2 pints if they can demonstrate this over then it only leaves the macro picture to improve.

Not looking forward to Monday but whatever, there is no point for anyone in here at a much higher price (me!) to bail out now on one days news or price action. A lot of patience is required...

I agree. It's a risky punt until the Q3 statement. I would expect some forecast kitchen sinking to come.

The fact that we have to make an assumption isn't great comms, however that would be my reading although there is also n mention of the level of debt or net debt/cash. I know AA likes to minimise the blah blah but nevertheless either say something or say nothing!

Fascinating insight

Starting to look scary again!

Couldn't watch it to the end. Blah blah...She should have asked what he is doing about the disaster that is this SP.

How much of the selling price will end up going to shareholders? Look at past years when the market and run of finds and see the results. The cash seems to disappear into the ether. The market knows this, hence no SP movement...