Member Info for sj74

Are you in BEM currently Troaj? What are your thoughts?

Can't beat a bit of manly scenery 💪

You could buy at 0.60 at the end, under the placing price.. I like BEM, the BOD doesn't fill me with confidence.

Also, nothing to be proud of but this right now is the lowest SP BEM has ever been since listing 19 years ago!

It is Suzy. We need the markets to turn in our favour this year and news flow to be good otherwise we will never see 1p again.. (until share consolidation lol)

It was positive yes but I never thought it warranted a 100% rise. It was driven volume wise in Sweden. It's a market full of crooked folk and manipulation. We just have to take advantage when it does spike.

Actually, basically what you just said there Suzy :)

They were desperate.

I think it had all to do with the underwriters having a price in mind and BEM obliging.. after they escaped at a much higher price when it was manipulated higher just a week or so prior. The whole thing stinks, and was quite blatant I thought.

We are all here because we think it will go to expectation. Return to growth this half. September onwards improving margins and earnings and revenue growth. A lot of the hard work is done, rightsizing stock and improving balance sheet as well as a faster more agile business. If there is going to be a takeover it will be this year.. if not we get the full turnaround and gradually improving updates with the business becoming more and more valuable. The Market Cap won't stay This low, market pressures will eventually take hold. :)

Separate point, 60% of stock is now being sold at full price.. a lot of that could be from March onwards which won't show on the margins/revenue until second half reporting.

Whilst the turnaround is ongoing I'm liking the longer reporting procedures, it gives ASOS a lot more to report on when they do report and show significant progress being made.

I suspect in FY25 going forwards newsflow will start to become more frequent again.

Lol, like what you did there..

Think I've been seeing that same headline since we last went on a bull run in 2010/11 lol.

Reckon so Eric. Ed mentions about there being plenty of other funding options... How bad must they be if the first choice was massive discounted share placement to then have 2 billion shares in issue.

I'm not negative in BEMs assets, they are good however the management are well out of depth with the normal investor.

Interestingly that video was taken at its peak price during its last bull run. No one knew after that it would be years of declines. They were Uber bullish still. The same will be for this on the opposite. We won't know when the bottom comes in until alot further down the line and we subsequently rise for a few years or so .. :)

Lol, up 3% and that equated to 200p or so. Brilliant. We need to do a 70% rise for that now haha

Just realised it's gone under the Swedish fundraise price today at 0.07 sek. Shares issued at 0.08sek.

Market needs to know where the rest of the money will come from to fund the 2xPFS.

If we do see £15 by Xmas then I'll probably be out and have a tremendous Xmas lol

I'm not jinxing myself, done it before lol. I'm bullish here compared to what the SP shows.. However, I do agree with you.. maybe not £15 but it will turn around this year. Imo

I take it as a good sign.. it won't be here when this is (hopefully) flying..

LOL good point.

Years gone by I'd of been all over this SP buying more.. the BOD Instill no confidence with their blatant disregard for investors. It's all been very suspect to me since that 'spike' into the 2s no doubt to aid the underwriters. There has been nothing but mass dilution. The projects could be brilliant. They've just been managed poorly. The spike, the RNS to tell us about a fundraise, then the RNS to tell us about the huge discount once it had already been discounted massively because they told us now over 100 million options at dirt cheap. There is a time and a place for this and it's when they are doing their job and the SP is on the up. There is a reason why Ed never bought on the open market..