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Just added more at 27.4p to bring my average to 64p, I'm expecting this to be a 3-5 year investment and would be happy to get out at 100p so a 40% gain. Part of a well-diversified and hedged portfolio.
Discount to current NAV must be around 70%.
When interest rates ease surely we'll see a significant SP move up to close the gap to NAV but that would get us probably to 80p-ish, so a multi=bagger from 26p??
I've been invested here for a few years at an average of 103p and so nearly broke even a few weeks ago. Trades have almost shrivelled up, and all is quiet, again. Yes this is a "hidden gem" but what value has a gem if it's hidden? Thomas Grey wrote, in his An Elegy Written In a Country Church Yard, in the 1700's:
Full many a gem of purest ray serene,
The dark unfathom'd caves of ocean bear:
Full many a flow'r is born to blush unseen,
And waste its sweetness on the desert air.
Let the gem be seen please BOD!
Is Tuffnells being in trouble good news for DX?
That's the type of wild unfounded speculation that belongs on the BOOHOO chat board
Around 10%? Or more?
Oh dear.
Maybe things looking up here finally.
I think that the results on October 17th will tell us a lot about the resilience of the business, and if the NAV is within 10% of the share price it probably bodes well for a recovery and prosperous future as interest rates recede over the next 12 months or so.
I topped up at 57p after buying 80% of my holding between 100p and 104p so I'm losing as of today.
Good news, the company picking up shares in itself at a low price.
Given the low volumes and the spread, this could drive the share mid-price to around 100p, Thoughts?
Opportunity for the directors to buy in cheaply by participating in the fundraise - which they did. I suggest we follow suit.
Maybe this suspension has been a blessing in disguise and has actually served to preserve the share price as it reopens at 30p. Surely without the suspension, it would be at 10-15p today. Could it be a silver lining?
How do you calculate the 50p or are you just guessing?
Yeah, I'm down 40% now to be honest.
Not best pleased.
It's kind of bitter-sweet isn't it.
Your costs will moderate but your market will shrink.
Unfortunately, many "investors" don't buy based on the future, which seems oxymoronic to me.
Consumers are being much more discerning now. Zara, Bershka, Next, Urban Outfitters etc all good, and the likes of Boohoo's labels are not as attractive now. Kids have money to spend.
I'm not sure the word "spree" will apply to Jpouyles but let's hope our unique offering will tempt as few decently heeled customers from Primark, and a few who have fallen on harder times trading-down from Burberry, Gant, Aigle and Barbour. As such the "living crisis" might be to Joules' benefit.