Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
That is a good post People Power. People seem happy to purchase imports where people have been exploited with low pay and then it all kicks off when it happens in the UK.
I hope this actually raises awareness of exploitative practices globally not just in the UK. Regardless if any blame can be apportioned to Boohoo or not.
Superdry are targeting sells online and I am happy in a way that retailers are being forced to concentrate on that in the wake of lower footfall on the high street. Should make things more efficient longer term.
I was nervous about Superdry discounting but it makes sense in this climate because everyone else is doing it too . I may pick up some 50% off stuff myself.
SP low I think as you say. No debt and enough cash to adapt to the new world.
I see this as a positive. seems like a business that expect to trade for many years to come.
I am very optimistic on this stock. The business is burning cash.... But that is totally expected and the falls in share price in my opinion has more than covered that in terms of pricing in.
The sp is very correlated with the sentiment in the day drivine by the main markets and I am trying not to read into it too much.
The stores look good and they are trading so I am holding throughout up and down volatility which I expect
Like others I am sitting on a huge loss here and it is very frustrating yes.
It is the lack of news flow that has caused this to drop in half since I bought it and possibly some pondering about just how busy they are. There were a lot of investors in here looking for short term gains and they have moved on I think/
If the news comes in pretty decent though, there will be a massive movement upwards. I am expecting results to be more positive given they have a very diversified set of customers. Obviously I will be disappointed if they are not. I would add that people have still been buying stuff, it is not like trade has failed to exist during the last three months.
There was quite a lot of activity I think March and April evidenced from the recruitment they were doing back then and their update about being busier than normal -- then it looks like business tailed off for a time, they stopped recruiting but hopefully on average they have done ok. If they can afford 10 million quid for the brand, one would imagine its not too bad.
Gulps _ I dont know but I hope its good news
I am glad they have a plan and implementing it. Cutting out areas of loss and promoting areas of profitability is exactly where they should be at.
I invested significantly yesterday as I see a company that should get back on track after the Covid 19 crisis blows over and with all the liquidity and loans going to the the Economy as a part of the governments general recovery. To say they will make losses of half the Feb 21 MCAP seems very unlikely to me, so I think there is some good long term value.
Time will tell. GLA. I will grit my teeth through any volatility. I plan to review xmas unless something crazy happens.
I hope so, I am sitting on a massive paper loss having been spiked at 14 p
Hopefully the busy period would have placed them on a good financial standing to boost company value
wow shocking price drop. the company is very very busy and growing revenue anyway. Amazing time to load up on a few more perhaps
This company will attract as one of the few that can function right now. It's benefitting from ultra low fuel costs and high demand which may bring it up where it should be and save it long term.
Really great news to hear they are busy. That is what I wanted to hear.
Speculation on more work Tesco's as panic buying I presume. I am not sure if the buying will continue. There will come a point where people more try and save money on food and realise it's still available.
In terms for demand in other goods. It's difficult to know without any update from Eddie stobart themselves and information so far has not dropped.
Unless someone actually knows something
General question... has anyone contemplated what would happen if all UK markets were ordered to be suspended. What would happen to those who were in cash at that exact point... Trying to wait for big buy in when markets started to recover.
Would they be locked out the first bit of the recovery because the were not in at time of suspension?
The company has basically said they are completely unaffected by the virus and if by some chance they are in the future they are in a position of decent liquidity. No brainier.
Fair play Andrew Duff for buying a load
Can't blame some for taking a profit today. some desperate for a bit of gain.
The virus has had no affect on this share. Allow for bit of future operational uncertainty - this share is 50% discounted at least .