Member Info for SlickMongoose

The last update said "The Group currently expects to announce final results for the year ended 30 April 2020 in July 2020."

So any time in the next month.

The majority of our stores remain closed, however, a small number have re-opened in China, the Netherlands and Scandinavia in line with local guidance and subject to their local social distancing measures. Our stores will continue to re-open across the world as local restrictions are lifted and all required health and safety measures are met.

Financial update

As stated previously, trading for the Group in the nine months to the end of February was in line with expectations. However, since the outbreak of COVID-19 and the subsequent closure of our operations globally, our performance has been impacted. As we are now re-opening our sales channels as discussed above, we estimate our profit before tax for the year ended 31 May 2020 to be no less than £70 million.

We have also agreed in principle with our bank, Santander, to secure an overdraft facility of £25 million for a six month period with a potential six month extension, if required. This will be drawn, as needed, to meet operational cash flow requirements.

Hullaballoola, have you ever considered watching the news?

£116bn is a mid-cap?

Paul Baay runs a tight ship, there's never been any leaking before that i'm aware of.

The MM's this, the MM's that... have you any idea how daft you all sound?

Seems like an interesting arbitrage opportunity on the face of it, although i'm guessing that TXP is too small for it to pay off given the spread & exchange fees.

Today's fall is due to the weak inflation data leading to a drop in gilt yields. The relationship between government bond yields and the insurance industry is fairly important.

Nice positive interim report today.

I can't get over those sub-3% margins, no matter how cheap it looks.

So a couple of months ago the CEO sells his entire shareholding back to the company for 72p, and now there's a profit warning? Call my cynical but it looks like one to be avoided.

Shares go up, shares go down.

Ah yes, those dastardly MM's.

It would be funny except for the innocents who get caught up in it and lose tons of money. It can become very cultish, with no dissent allowed.

Revenue up 15% on last year, pbt up "no less than" 7%. Solid update with continuing growth.

Yes, it;'s a great, solid company.

I wouldn't worry about the lack of posts - there's a strong negative correlation between number of bulletin board posts and shareholder returns.

Hope you're happier now, Samplemix! Another all time high today.

Sunset, if I was rich enough to move a £6bn stock on my own I wouldn't be posting here...... And I don't short.

Given the great update a couple of weeks ago this does look like a decent buying opportunity. News about the housing market has been consistently bad for over a year, but the major house builders keep making money. There's a lot less activity in the 2nd hand market but the demand for new builds is still strong.

Not until Brexit is sorted.

There's always been a negative correlation between bulletin board activity and investment performance.

I dunno, Corbyn looks close to number 10 to me. The Tories are busy ripping themselves to shreds.

Although I think it's unlikely he'd get a big enough majority to enact the more extreme of his policies. Even the best polls for Labour show a Labour minority government.