Member Info for surprised

lol, I'm chilled,some folk will wait until the sp is higher , some will see an opportunity at lows :-)

the continued buy backs will be adding even more value :-)

https://twitter.com/surprised_trade/status/1557989410360147968

.buy backs continue (important to note) and they are printing money with current production overall, today's rns is a shot term issue, will not be off loading any shares

https://twitter.com/surprised_trade/status/1557739422430285824

added to holding...224pp....drifted down from 340p+ at start of year against back drop of excellent figures & expect to comfortably beat expectations....

''full-year results are "expected to be comfortably ahead of market expectations and significantly ahead of [the] prior year."

The group anticipates sales and adjusted EBITDA to increase by 43% to £67.5mln and 24% to £19.5mln respectively for the full year ended 31 May 2022.

All three business divisions - business revenues, restructuring and tax sales - are expected to report "very strong performances," according to the provider of specialist advisory services to small and medium-sized enterprises (SMEs).

K3 expects the business sales division to have a record year - up 34% - boosted by continued organic growth momentum enabled by its data-driven marketing technology platform.

"We have seen strong growth across all of our business divisions underpinned by the group's proprietary data-driven marketing platform and cross-referral network, which continues to drive competitive differentiation and deliver a strong pipeline of opportunities across the group," John Rigby, chief executive, said.

The group flagged it will also have a "robust balance sheet" with £12mln net cash - which will provide headroom to fund organic investment and acquisition opportunities.''

https://twitter.com/surprised_trade/status/1556891317493501952

rns - takeover...206p cash offer for RPS shares.

https://twitter.com/surprised_trade/status/1555448616529154048

Short Interest has moved from 1.14% to 0.64% and todays results show why

Total Group revenue up 7.1% to £404.7m, with Group like-for-like1 (LFL) revenue up 6.0%, reflecting broad-based growth throughout the quarter.

o Retail revenue increased by 6.6%, and LFL1 revenue up 5.6%. All channels remain in growth, with Store LFL1 of 4.3% and Omnichannel2 LFL1 of 13.5%. Omnichannel participation of Retail revenue was 16.7% in the quarter, compared to 15.8% for FY22.

o Vet Group revenue increased by 11.2%, with LFL1 revenue up 8.6%. LFL1 customer sales3 across all First Opinion practices up 4.6% and LFL1 Joint Venture fee income up 9.6%.

· Continuing growth in new customers and strong retention of the 1.1m customers acquired last year, combined with the non-discretionary nature of our affordable pet care proposition, supporting ongoing growth in spend.

o Sign ups to our Puppy and Kitten Club continued at pace, averaging 25,000 per week, three-fold higher than pre-pandemic, and creating a 12-15 year growth opportunity over the full pet lifetime.

o New client registrations across our First Opinion veterinary practices remained strong, averaging over 8,500 per week, growing our active client base to 1.7m.

o The number of active VIPs increased 10.7% YoY to a record 7.4m, with our strategic focus on deepening customer relationships resulting in 27% of all VIPs shopping across more than one channel, up 14% YoY.

o The number of subscription plans4 across the Group grew 16% YoY to over 1.5m, generating over £135m in annualised recurring customer revenue, representing c8% of Group customer revenue.

· Good sales to profit conversion as we continue to proactively manage inflationary cost pressures through a planned series of productivity and efficiency initiatives.

· Our balance sheet remains robust, with net cash of £40.2m and good liquidity through our recently renewed £300m revolving credit facility until 2027. The vast majority of our currency requirements are hedged over the next 12 months, and we are progressing our previously announced £50m share buy back programme.

'working on the assumption that all those that have reduced since the offer would be willing to sell'....with respect you may be right, however, that is a massive assumption....

well if there is to be a deal clearly it has to go well above 425p in addition SQZ using it's own cash to buy itself seems at odds with normal business sense and importantly both 382p and 425p were rejected out of hand. All analyst commentary also stated both offers seriously undervalued SQZ and that would suggest the current price is a bargain.

Valuations are typically done on profits, cash and forward outlook,that all look set to growa lot further for SQZ from here (hence the cheap offer mid summer)....gla

On 6 June 2022, the Company announced its intention to return up to US$100 million of cash to shareholders over the course of 12 months, predicated on the Company's strong balance sheet and highly cash generative nature of its asset base. In conjunction with the Company's ordinary dividend, today's buyback announcement represents the next phase of this shareholder returns commitment

https://twitter.com/surprised_trade/status/1554371952747364355

Prime Day was in July in 2022, hence it fell into H2 vs falling in June / H1 in 2021.
Bango’s revenues are typically weighted 40:60 H1:H2 and this is forecast to return to its normal shape in FY22E, ...
End user spend grew by 16% to $2.0bn, highlighting the continued growth of merchants using the Bango Platform.
This growth will accelerate in H2 from the impact of Prime Day falling into H2...the outlook points to Bango comfortably meeting FY22E analyst consensus revenue and adj. EBITDA.

in current climate solid is good and outlook is equally good and solid :-) ....8 percent drop seems at odds with the current trading, thepotential outlook and growth prospects ...

https://twitter.com/surprised_trade/status/1554361523065298947
h1 results and new broker note out...

spent weekend around Redditch and Premier hotels within miles absolutely rammed (full) and charging £145 to £170 a night there was no shortage of takers :-)

https://twitter.com/surprised_trade/status/1553999121324949506

rns - Profitability has improved and our healthy balance sheet has been enhanced through strong free cash flow performance. Our core markets are showing good growth

broker has 185p target currently..

https://twitter.com/surprised_trade/status/1552783256499658753

expecting increased interest in the next stages of IP case with Maxwell/Tesla with news expected in next few trading days along with new broker note relating to latest RNS re recent deal.

Highlighting investment opportunity in TLY

Nice acquisition and should add nicely to the bottom line...

Kist simply cannot afford SQZ now or going forward, on these temrs using SQZ own funds ...

Kist simply cannot afford SQZ now or going forward

duster or nor re NE, cash and profits are what value the business ultimately and SQZ is and will be generating cash, profits etc now and going forward :-)