Member Info for Stuartsshoes

Pentland are an incredibly good operator and to have them moving their portfolio over to Ingenuity will make many more companies look at the platform. This confirms my long term hold position for hopefully a great return

I don't think the money will be free, i suspect they will need new shares issued which will all but wipe out existing shareholders but there are probably no alternative s

Is the offer for UBG @ 150% premium the start of companies looking at ridiculously undervalued retail / ecommerce businesses. This business just feels like its worth a lot more than the current value

Ridiculous valuation for a well run growing company. Profitability of all retail companies is under pressure with a declining pound, consumer confidence and high freight rates but this is one of the survivors and it will increase significantly in value as soon as sense returns to retail stock valuations.
PS freight rates are now 50% of last years cost

They obviously needed to raise cash to pay back the bank who are due a £1m repayment on 31st July. Surprised the MD got a large pay rise last year given the mess this is in

ON IG i struggled to buy 12,000 shares having to break the order into 4 separate orders. to get them to go through. I got quotes but then order rejected. Are there so few shares available?

I added again today the price just seems ridiculous given the fundamentals and the opportunities. My purchase appeared as a sell on here not sure why?

Surprisingly no reaction to MD buying 50k

I am currently sat in the red with this one but have just bought more. I was in a similar position with gear4music two years ago and look at them now. At this price they are a very good long term hold in my humble opinion

All the news from our suppliers in China indicate a return to work for most factories and a start of despatches from the ports
detailed report below

As businesses and transportation are gradually re-opening in China, we summarise the current status across the regions, ports and freight operations (by mode).

Last week authorities in significant centres like Shanghai and Shenzhen gave the green light for businesses to resume operations, and while the situation is improving, there are local variations on how workers will return and to which extent.

NGL Offices
Our offices in China resumed operations on February 10th, with the exception of the Ningbo office which continues to work remotely.

Factory production
Except for Hubei province, most areas are gradually returning to operation.

Limitations imposed on transportation, continue to hinder many workers from getting back to their place of work, which, means many factories will operate with reduced capacity and workforce.

Several cities implemented 14 days of quarantine for workers that return from outside towns, before they can return to work.

With the gradual restart, we expect the capacity for deliveries from China factories will remain low during the remainder of February.

We detail in the tables below (and downloadable PDF) the current warehouse, transport and freight situation across the country.
Factories: Current status
Region

Factories Current Status

Tianjin

80% of factories return to operations this week

Most factories started operations in reduced capacity, many workers are still not back

Dalian

80% of factories return to operations this week

Most factories started operations in reduced capacity, many workers are still not back

Fuzhou

Part of factories return to operations this week

Xiamen

Most factories return to operation this week

Guangzhou

50% of factories resume operations during February 17-20, some postponed to Mar 1

Shenzhen

50% of factories resume operations during February 17-20, some postponed to Mar 1

Hong Kong

Operating

Shanghai

Shanghai – Estimated 80% of factories is now back to start production.

Zhejiang – Estimated 50% of factories is now back to start production.

Ningbo

The majority of production is still closed

Some factories resume to operations on February 17

For factories resume to operation, majority operate with reduced workforce

Qingdao

80% of factories return to operations this week

Majority of started factories operate at reduced capacity, many workers still not back

The main limitation for transport is road closure and the limited availability of truckers.
Our team is in close contact with shippers for the best solutions ongoing. The situation is still a significant limitation, but improving for each week.

Ocean carriers announced a total “blanking” of 58 sailings from Asia to Europe during Q1.

We expect that when factories are back to operating