Member Info for Roharps

As far as I can see they have over 2,000 sale items on the website though some maybe duplicates accross catagories. They are clearing some stock which is good for cash generation. The headline is upto 70% off though of course most wont be.

They are clearly marking vegan products which I think is the way to go and their Trust pilot reviews and reviews on the company's own website are excellent.

Seems to be a very strong brand which is in touch with its customers. I like the way the website looks and feels when using it.

Cant believe its so oversold.

The Group has a £40m revolving credit facility which the directors believe provides sufficient liquidity for the future.

That doesn't sound like they will need a placing to me before results?

I think COPL need to show a rebust plan of how to get the oil out of the ground. needs to be a roadmap as to the spending required and when these targeted investment amounts will be spent. And this should be rigid.

There needs to be an assurance that COPL will only focus on Wyoming and that all resources will go into increasing production.

There needs to be SMART objectives.
need to see the debt refinanced before interest rates get too mental. We need much more positivity.

Cant do anything about the oil price. That is a hope it will remain high.

Hopefully the presentation next week will be very good and can set out a great plan.

I am waiting on the sidelines and will buy back in when time is right. I would say though that COPL I is looking more likely for a takeover at some point with resources confirmed.

A big company could develop and achieve value from the asset so much quicker. We will see.

This was expected as per note last week. However Art has not been trusted by many so its still good to have it finally confirmed by a 3rd party.

Tr1 RNS should drop soon I reckon

@Ubik_Fresh could Minto buy out some institutional shares. He probably has the means to do so right? Does the current close period prohibit that currently?

Also could Minto reasonably block a takeover with his currently ownership?

Yep I suspect there will be a handful of poeple who will make an absolute killing from the SP movements.
The lucky ones will be the ones that get the timing right and so hard to guess.

This business does 130 million of annual sales and there has been alot of investment sunk into RevB and I suspect someone will fancy it if sp is allowed to get too low.

There is rightly concern ovee the companies cash flow... but a big player maybe happy to sink more money in.

Very exciting being in this. I am bit of a volatility junky lol.

70% down now from the Tuesday cliff edge.

:-0!

I have learnt my lesson toffee man. Ill keep hold of my shares and see what happens longer term.

Big shout out has anyone got 7 or 8 milllion quid to buy out Jupiter so we can start making some dosh?

I really think its worth at least 40p right now under normal buying and selling, could be less of course in the future if economic factors continue to be quite adverse though. As Jupiter own alot of this company they have had to reduce exposure to cover against further economic deterioration. All risk perception and feelings of over exposure and I dont know what they would consider to be an acceptable level of reduction for the current circumstances. We cant know if they have finished selling now or not. But i do hope they stop soon.

This day has been absolutely dreadful and created my worst ever paper loss. Really good lesson learned. Be aware of large institutional holders and specifically that they can recklessly and aggressively sell stock to 'control risk', even at eye watering losses.

This company is worth way more than the current valuation and most non institutional investors would probably hold at this price.

Its just totally non sensical .

If all these shares can transfer to pi's without yhe company being taken over in the process then there is proper value in the future I reckon from this good entry point.

This is honestly so frustrating at the trading update was not that bad.

Well I bought at 27.5 and have been totally burned by sellers. I thought that looked very cheap then.

One thing is for sure wish I had bought in sub 22. Good luck anyone buying in

Wow did not expect this at all

Over £80 million wiped off the MCAP. This is 85% down in a year. Justified?

ASOS and Boohoo are both 75% down over the same period and also suffering from inflation and supply issues.

I would place this in the same group of strugglers now.

To be 75% down like those two over a year this should be around 42p in the short term. So weird justification but that is my price target as i think problems are related to macroeconomic environment and affect low margin retail based mainly online in much the same way.

Well... institutional investors pre today owned the lion share of the company. I suspect there will be a bit of flip in ownership from institutional to pi's.

This is because the shareholding is more risky now for IIs and many of these funds need to control risk within a certain tolerance. Some pi's on the otherhand are.happy to carry risk if i****ans prospect of more return longer term

My bet (and it is just that) is once there has been a bit of shift in ownership to pi's. This SP should recover quite a bit. These issues are regarded as temporary, but you never can predict the future I know. This will just be a risky hold.

For those shareholders experiencing massive losses on paper today. I feel sorry you and hope this recovers longer term.

On bright side oil price has been going down recently and that was one of the drivers of inflation. In addition supply issues should resolve i hope.

GLA.

I have taken a punt on this as this drop certainly seems quite extreme. They have declared they have enough liquidity to get through the inflationary environment and will still grow single didgits. Im in also.

When the report lands when the report lands when the report lands. Same thing week in week out. Its just testing the trust of investors.

I will continue to hold but not happy with the delay. Its taking the p1ss!

Well I put out a rampy line this morning... but only because I was excited to see the RNS. We have a prove up in reserves an expectation of resource confirmation wiithing a week and Cuda is done. I absolutely hated the Cuda Saga and so relieved its over. I am a long term shareholder in it for long haul. If peeps wanna sell they wanna sell.

This is fantastic news. The SP will fly.

Stas that is one of your best posts to date. The other problem was the RNS landed whilst many of us was working and not digest it properly.

Agreed that it was very badly worded that RNS.