Member Info for Silverlight

No way shareholders going to vote for a cheap deal for a non-distressed company, revb is quite the opposite. Boo can't afford the price tag shareholders would accept. I wouldn't vote for anything under a 3---400m offer (150-£2) and even then its selling us way short as a growing innovative brand that is many multiples lower than its peers in mc. Boo is a struggling fashion retailer - rev is growing cosmetics company, go figure.

At elf Market cap we would be 16 quid a share.. now there’s a target! :)

And at 60m market cap it’s a minnow so massive room to grow in value .. exciting times. If we are ever allowed to see this trade and the SP rerate!!

Pricing strategy to the low end … the perfect place to be in the current economic climate. Lower margin with high volume sales.. add in celebrity endorsements and it should be flying out the door. Anyway only this trading week left for an RNS .. let’s hope (but not expect due to historic RNS performance!!) it blows the doors off!

We know very little at the moment. Production growth to feed stock with will have cost a bit recently based on what we have seen in terms of new contracts. 20m is not a lot of borrowing at all for a growth company of this scale, in fact it’s tiny.

I really don’t want boo to take us out and I doubt the major holders do too. At only 450m Mc themselves they aren’t big enough. We have zero need to sell out on the cheap, it’s a thriving industry by all accounts. We need to stay as we are to build the business for a year or two.. at that point someone like boo would be making a reverse takeover as our mc will be larger. I don’t think boo are big enough to take us out at this stage anyway. Plus they usually take out struggling / admin business which isn’t revb… Maybe Elf with a 5bn Mc could for a proper offer.

Out of interest, what was your mail to him?

Cheers.
Which basically says they are not sorted as of today. If they don’t get them out they need to stop the pointless time line RNSs and also provide a fuller explanation to the ridiculous delay in a set of accounts to shareholders. You don’t buy into a business with hard earned cash to be left in the dark.

BDO loving the day rates all this time, interesting they are not on a rush … hmmm

''published by the end of April 2023'' - pushing it to the last week again. Getting tiresome!

Yep, and I know there is no direct comparison and a lot to be taken in to consideration, but Elf are at 5bn Mc with revb at just 60m - 83x more.. so much value to be had here ..

If there is yet another short RNS pushing it on again with zero explanation they will look a right set of absolute muppets.

Which is only around 20-25m ebit /
250m Mc so easily achievable and hopefully the FLS points to it and more ..

Many are holding between £1-1.50 from the last 1-2 years so £1 is far from dreaming. Again, the current SP is fake so point using that as a start point. Great for those who hold stock right down here but many need way over £1 back to break even.

Would be expecting a lot more than 30% on the current fake SP

Should be several 100m relatively quickly if the growth trajectory is taking hold as it appears to be with US expansion etc .. so 1-2 quid. You only have to look at peer valuations in top 10 beauty brands of which we are considered one. For sure the current 60m valuation is completely wrong and was based on fund selling and suspension woes of last year. Let’s see ..

10 more trading days. They better get this out with a blockbuster current trading statement and FLS. My god do shareholders deserve it at this stage …

I’d hope not but if it is it needs an accompanying detailed explanation. You start to look very stupid issuing the same RNS every month and there is literally no point. All it needs is ‘accounts are still in progress and will be issued upon completion’ - pretty simple from the start ..

That doesn’t really make sense. The auditors don’t affect profitability (well outside of their fees).

All these jobs posted in the last 3 weeks, business booming by all accounts:
Product Assistant - 9 days ago
National Account Executive - 13 days ago
Senior Account Manager - 22 days ago
Supply Development Manager - 14 days ago
Senior Account Manager - 14 days ago
Senior National Account Manager - 14 days ago