Member Info for sj74

It's not beyond the realms of possibility though it would have to be very good I feel for the bod to even consider and then disclose it as then it would mean they are serious. I don't see it myself but it's always lurking whilst the turnaround is ongoing..

Wow, scary how quick that has gone 😔..

Lol, up and down them on a daily basis.. definitely shows it's algo/technical driven. Very short term, and doesn't reflect what this company could be in 12 months time imo.

Yeah, bit like being with the kids all day.. and yes I agree, just needs time for the market to sit up and take note, as results gradually start to improve.

Yeah fair enough KBYK, I'm bored of the trolls now. No more.

With a return to revenue growth.. ooh go on then.

Augusts and Septembers should be interesting at 5 million and nearly 3 million. That would be a large increase to physical holding if triggered.

An increase in their physical holding :)

Let's see how long this overhang takes to clear ehh. Plenty of buying the last few days or so, but clearly a lot of shares bouncing around. Hopefully some sort of court decision before the summer and some updates from both projects should spur a bit of activity :/ lol

Yes, good luck on your new endeavours 😘

Asteroid? He has an hour left to post before he clocks off so should get a response.. ;)

Relax Roberto, I don't think anyone here is that bothered. There is no need for the desperate attempts to do whatever it is you are doing lol. What will be will be :)

Fair point Eric. I don't think they are that interested in us.. they are wanting the high net worth/strategic investors onboard which I really hope happens.

However, we should also have that information to hand as well, with relative ease.

Just a reminder :)

In FY25 we expect to deliver revenue growth and return EBITDA margin to around pre-Covid levels (c.6%). In the medium-term we have confidence in our ability to return to double-digit growth; steadily improve gross margin back towards c.50%; maintain EBITDA sustainably ahead of capex, interest, tax, and leases; reduce capex to 3-4% of sales; and deliver inventory of c.100 days.

· FY24 is about taking the necessary action to get us to that path. Our priorities of accelerating towards our new commercial model and strengthening our relationship with consumers require investment in the near term into marketing and the discounting of aged stock to exit the year with a clean stock position, including using offsite clearance channels where necessary.

· As such, our expectations for FY24 are unchanged:

- Sales decline of 5 to 15%, with P4 FY23 trends continuing through the first half of FY24 and a return to growth in the final quarter of FY24.

- Adjusted EBITDA positive.

- Stock back to pre-Covid levels (c.£600m as previously communicated).

- Capex of c.£130m6.

- Positive cash generation, reducing our net debt position.

Answers-CAPEX for FY24 expected to be c£130million not 200million.

Thereafter it is to be reduced and reflect 3-4% of sales.

No I just registered with the investment company and it let me read it all.

Lol, good morning both :)

Providing there is no more dilution to shareholders. Suitable 'other' types of funding need to be acquired. Otherwise a good read and does highlight the potential and quality we have here. Need that bit of luck though and management not wanting to destroy shareholder value.

b1nky is right though, can't believe citymuppet still gets people talking lol. might aswell have any tom dick and harry posting ****e on a twitter account. imo..

I only replied because I enjoyed the comedy value but otherwise nahh lol