Member Info for skier1

A huge-lossmaking company whose share price has collapsed -95% since float and has appalling customer service ratings and has never made a profit and has issued a ridiculous billion shares in its short life and does a placing at -60% discount and completely screws over shareholders and will probably not make any profit at all, if ever, until the 2020s...

Sounds like a good investment. I will defo be buying loads of shares tomorrow, to help enrich the Board.

Translation = he lost money ;-)

Reading between the lines of the wording of the new RNS today, it sounds like they do not expect any profit whatsoever for at least 2 years, if ever...

Amazed anyone put money in here. Just a quick 5min glance at the RNSs shows massive debt, multiple distress loans at high interest rates, massive losses, and CEO musical chairs. A right piece of junk.

Lol.

Been getting loads of abuse on here for saying a big placing was coming ;-)

The company is being run for the Board, not shareholders.

Terrible customer service ratings, the original float marcap was massively overpriced, burning through cash like a wildfire, £4m of losses since float, on track to lose £1m this year.

This is currently worth 0.1p, and even then it's a guesswork punt, because the company is gobbling cash like Pacman.

Management need to merge Debenhams with House of Fraser, cut store-sizes by -50%, and triple the amount of stock-per-square-foot they sell in-shop and online. It ain't rocket science. The era of the big department store is over (and has been for years). Debenhams' management are a bit cr*p.

Problem is, it has all been seen before. Many times over many years.

Billions of hidden gold "just around the corner" = check.
Mine "just around the corner" = check.
JV partner "just around the corner" = check.
Big placing with secret mine info "just around the corner" = check.
Prof put his own money in and has not really taken millions in "expenses" = check.

The guy is approaching 100-years-old and was not born yesterday.

Conroy has taken £1-2 million in salary since his "company" floated and not a gram of commercial gold to show for it in ~20 years...

With tens of millions of shares being dumped on the market in a recent desperate selloff, and huge £4m losses since the float, and a massively overpriced IPO valuation that didn't benefit shareholders, and its -90% shareprice decline since float, and a future placing on the horizon, and its appalling Google customer service reviews, this is a very high-risk stock.

If they can get the placing done, and give more detail on profits for the new contracts, and the shareprice dips to around 0.1p or 0.2p, it will become a buy again.

It is the same old nonsense from this "company"...

Say gold is "just around the corner"... pump it up... do a placing... pocket a few hundred grand for "expenses"...

They've been doing it every few years for 2 decades...

Check out this classic of the genre, from 2014...

https://www.bbc.co.uk/news/uk-northern-ireland-25575879

Who the hell bought £10-15k of shares this week !!! This thing has not delivered a penny in revenue in 2 decades !!!

A lot of posts getting reported and deleted here!

The facts *in the public domain* clearly show:

1. A -90% decline in share price.
2. Nearly ~£4m of losses since the float.
3. An ~£8m float marcap, on ~£40k of annual revenue at the time.
4. Google customer-reviews are appalling.

They are all *facts*.
All *publicly available for everyone to see*.
Read their public RNSs.

Lol. This company has an astonishing 16 billion shares and loves placings. This looks like a pump before a dump ;-)

Bit of an unusual spike here in the last hour.

Think we're at the start of the end of Whitbread and its 300-year history.

They've sold off strong Costa and are left with commoditized Premier Inn and fading mid-level restaurants.

Expect the share price to drift for a few years and then the remaining Whitbread shell will get sold off abroad on the cheap to Hilton or similar.

Gonna be a sad end to a great old company.

Good to see its new, big, flagship Guildford fishing store open this month (Sep 2018). Adds roughly +5% extra retail space in one of the richest parts of the UK. And with good weather and an Indian Summer forecasted for the next few weeks, it should get off to a solid start.

Be careful here, folks. TOOP has lost a huge ~£4m of losses and its share price has collapsed -90% since the float 2-3 years ago. Have a look at their RNSs and you can see the hard numbers. They are available publicly for everyone to see. They logged ~£40k of annual revenues, just before floating at a silly ~£8m valuation!

The Trustpilot reviews for TOOP are ~85% *single-post* reviews. Anyone in the industry will know that single-review reviews are almost always not real. Friends, family, or third-party companies paid to write positive feedback, write them ;-)

@Storm -- Costa is the UK's no.1 coffee shop by a huge margin. It is over 2 times bigger than Starbucks in the UK. If you take out "domestic" coffee shops, Costa is actually the 2nd largest international coffee chain in the world. There are another 150+ countries worldwide where Costa can expand into. The global market is huge. Not to mention other future growth areas, like posh teas. For Whitbread just to "give up" and flog it off abroad on the cheap is not doing Costa (or Brexit Britain) any favours. A market leader should always be a buyer, not a seller.

Think Whitbread will drift for a year or two, and then get sold off abroad to Hilton or similar. It is a depressingly familiar story of British short-termist value destruction for a quick buck :-(

A lot of folks got caught in the pump and dump on this one.

The company is on track to make a huge loss this year, a placing is on the horizon, and the customer reviews are appalling.