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This is a painful outcome of a poorly run company. With poor acquisitions & integrations under the CEO's watch - why arent shareholders pushing for a shake up?

Presumably is them spend a serious amount on marketing to compete with just eat etc.

Investing in a company that is loosing so much is lunacy, it means you are literally burning your money.

How are they going to make more money? Pay their workforce less or charge people more? They couldn’t turn a profit when they had an open net with covid

Dreams, tendies, super stonks and unicorns

Lol I’m here for a bit of realism. I use Deliveroo, but it’s making my mind hurt how the American sheeple think that by creating hype about a new “saas/big data/AI/ML platform” leads to a sustainable business or profitability .

There is no business model here. It’s 2021, we are about 6 months away from supports and subsidies being removed from global markets and companies like this need to either die out or go back to the drawing board for a proper business model.

If any business is slightly unethical, it’s going to get called out and cause a world of financial pain.

TLDR: if you are a business loosing money even while exploiting a western workforce...don’t expect the market to reward you with your lame bum IPO!!!

A business that should have cleaned up with every single restaurant shut...and they still couldn’t turn a profit. A sleek UI controlling cheap labour isn’t a business model.

Rishi deluded to choose this as the flag bearer for LSE IPOs

Agree with your view. Wonder if other institutions are holding the same view as the PIs?

I sold out last week as IMO this is going to retrace in the short term, creditors are getting their payday. Questions from my perspective:
- How desperate are they for liquidity
- Do they believe in long term growth
I am hoping to buy back in once the dust begins to settle, going to be a very interesting ride! Long term growth is definitely on the cards

when we were -6% this morning, I was hovering over the buy button but didn't pull the trigger. That was definitely an overreaction. My 2 cents, this was a positive-ish RNS, after today (provided nothing neg comes out of the woodwork) we SHOULD be on for a good run. Any further drops, I will be trying to pick up some shares on the cheap.

With targets being hit through lockdown, it seems like the upside for Pebble are going to be pretty big as we begin to return to the new "normal"

Market abuse?! hahahah - Pot calling...jeez it's seriously a sorry state of affairs when you have acknowledged systematic market manipulation as the norm! How are the FCA going to classify trades as abusive vs a genuine trade. They need to sometimes just shut their mouth and not provide commentary.

Agree, i am astounded that the share price rocketed, ALL of the positive news was about results released just before covid. Wake up, they will have taken a pummeling...i am typing this in my pyjamas...Yes, their loungewear has done well but what about the other 30 categories?

LOL, do you think BOO don't dictate the price of what their garments need to be? The suppliers are beholden to BOO.

People who are questioning the business model are at risk, they are absolutely right. BOO have been benefiting from flow down savings BECAUSE of the cheap labour. This will force them to do one of 2 things:
1) Use suppliers who are actually paying market rates....Prices go up...in an environment when their target demographic are losing jobs QUICKLY
2) They start using international suppliers, they will be able to keep their margin.

BUT I agree with the other points, how long have they benefited etc. You CANNOT sell an item of clothing for a few pounds made in the UK + meet the minimum wage.

I sold out last week 33% down. That's my opening.
I am just curious, of those who are watching this bulletin board (outside of the known rampers/swampies) who is currently down? Who is currently down over 50%? Are you in this share as the door behind the haunted house of mirrors has closed and it's now a case of...if it comes, it comes?

Yep understand your point, but that's the thing that has forced my hand to take realise my losses. Companies SP generally tracks against objectives or projects that they outline and then deliver. UKOG however seems to have muddied the waters with their reporting and missing key bits of information when releasing an RNS and their funding has been questionable. I think there are probably quite a lot of people who are stuck in a whirlpool & others who believe in the next mini milestone.

Yep, its not a good thing to have to leave a share like this, but I have come to the conclusion that the share has drifted so far away from where It should have been that it would take some positive, clear, non-placing related news to start coming through on a more regular basis to get the SP moving in the right direction

Haven't really posted on here as there are definitely enough people on this board with enough differing views and lots of time on their hands. I have personally wound up my "pleasant" stay at the UKOG inn, for me this share has far too many unknowns (ironic with COVID in the air) and far too many deviations from what a typical company in this sector would/should be doing. It seems like there is a dream that most people on this board are chasing (which is totally fine) but for me, taking a healthy loss while the overall oil and gas market seems to be moving back upwards UKOG contains too much risk for me. This may well turn out to be none of those shares that I see on my watchlist which go 150% in one day, but the chances of me losing more money over the next few months seem to outweigh the likelihood of a multibagger.

This isn't a ramp or deramp, it's more of a statement to say if you are on here chasing a dream and cant affords to take a significant loss and live with it, think long and hard about all of the things that have been going on with the share. The positive, the negative and the outright bizarre. Few companies will do truly bizarre things for a positive outcome.

UKOG will stay on my watchlist, hopefully this will turn around, wish everyone the best of luck!

that open was a joke - if you sold you go ridden hard. I have been trying to buy since open - negotiated plans all the way

couldnt get hold of anything! which says something