KK heaven forbid there is another war - where will we get the steel we need to arm ourselves? Maybe we dont need any bc we dont build ships anymore- who knows? The country is slipping further down the economic league way behind ireland now in gdp per person!
Impressive results out today in this dull sector!
Just added. I am interested to know if the higher interest rates that lead to higher annuity rates are good for the company- anyone offer a view? Ditto the reducing lifespan that has followed covid and a failing nhs?
Midestus, UK shares are low bc prospects are bad, government actions with taxes and the green agenda is damaging every company. Why there are not more bankruptcies and a housing crash is beyond me- maybe we need a labour government for that next phase in our decline!
Will the price increase announced today stem the fall in sp ? answer yes short term but likely accelerate it when sales fall. Imv tactica announcement to try and bring forward some volume. This company is headed for some big falls imv.
Sp should rise around 5% today imv, maybe more in line with profits.
I think it is a very revealing post, especially where he says people were questioning my ability to be Ceo. Well I guess exposure to the demands of a public listing has turned those few into a much larger number. Frankly MM is egotistical and not very bright imv.
From a market report;
Sports retailer Dick’s Sporting Goods soared 15% after its holiday-quarter earnings and revenue beat expectations, allowing the company to boost its dividend along with its upbeat forecast.
I think this company is heading for a 90% fall in its sp. Why - china is now making EV's at bargain prices therefore margins will disapear and in any event the US market has stalled. To put icing on the cake Trump hates EV's which will not help sentiment, especially as the November election looms.
Dug, If we are not in the trial I do not think it will be a blood bath because our sales efforts [laughable though they are] seem to be in the USA and just now our sp assumes only small volumes. What I see as the real crime is the assumption that we wont be in the Transform project. Predictions of 1000 sales per day means around 200 in uk and 800 in usa. That is about as many needed in each small town it is a pathetic ambition. The transform project must be assuming thousands per day. There are 1 million ish psa tests per annum in UK , 3000 per day and we are aiming for 6% of that . Does that need any sales people??