Member Info for Thepeoplespal

@Senator01 talking of lulumelon, my missus says it was a very older yummy mummy brand, but she was amused that the 18yo fashionista of the house has it pegged down lulumelon as an essential part of her birthday present in the next week. Make of that as you will.

if you want an assessment (and you do need to read between the lines and take it with a pinch of salt) of uk energy you need to watch the youtube interview of kathryn porter on triggernometry about 3 months ago. https://www.youtube.com/watch?v=mzciehgvmwa (fairly long but amazingly comprehensive). no solar or wind without gas to cover downtimes and the inertia needed to save the grid from power cuts.

basically the uk energy sector is a ****show with no joined up thinking.

Providing they don't allow anyone to splurge on something stupid, I'd be happy to see a share buyback larger than proposed to rightsize this company and concentrate on the knitting and other Synergistic options. This is the time for the company to use this opportunity to speak to their current employees and take a risk to advance some of their more creative ideas that funding has up until now made things go on the back burner.

@Robbo24 given the pending sale of Billi next week on 8th Jan with completion by the end of the month if it goes through ( can't really see 45p a share for Billi alone being turned down), would you change your opinion on holding Strix?

Is it really a private investor? https://lonestarfunds.com/about-us/team/ only Kambiz I can see is the Senior Managing Director, co-Head of Europe Private Equity. So perhaps a pre-emptive build up of shares for a private equity sale, that Lone Star have turned down (conflict of interest I'd have thought if Lonestar were to buy shares later), or a total no brainer knowing that Strix with no debt and a legal moat for their products is ripe for a SP boost as it becomes a dividend and free cash flow monster.

I was expecting Billi to blast off myself, but given the share price and the level of debt Strix is in, the deal is both a lifeline to reset the business and cheap for the buyer at the same time. Not being able to access revolving credit from the banks at a reasonable rate has hindered the expansion and investment in Billi and the other 3 divisions, as they looked to rein in costs as the priority rather than exploit the full potential of Billi.

The SP on this just can't catch a break.

Well I guess someone getting the heads up about selling Billi and wiping out debt had something to do with the Share Price increasing dramatically. Not that it will get investigated.

My limit sell at 41.96 was triggered and I sold nearly half my shares at 49.9p automatically which is more than I had set, so I'm not too disappointed. Might have been very upset at not reading my RNS' otherwise.

Had an inkling this was going to be subject to a takeover as I thought Billi was fit to be worth all the share price and more, so piled in more than usual and broke my "no more than 10% of my portfolio rule".

Selling Billi off is probably the right thing to do, was rather thinking one of the other divisions, but they aren't attractive enough to buy.

A share buyback, a debt reset and back to regular dividends isn't so bad a result.

WHile it is nice to see a change in the share price in the right direction, I can't really see a reason for the increase.

@UPshunt the bid details said that any distribution to shareholders would be removed from the bid price, so a divi of 5p would reduce cash distribution by the same. So nothing to stop it as such but there are consequences.

There is some details from a German Bank https://www.lse.co.uk/news/berenberg-lowers-target-price-on-strix-nwp2uca9he6ptox.html -

Target Price Cut: Berenberg lowered Strix’s target price from 85p to 75p after its trading update.

Mixed Trading Environment: All three divisions faced varied conditions, prompting a 12% cut to EPS forecasts.

Billi Unit: Strong momentum with double-digit growth and successful international rollout.

Consumer Goods: Continued solid performance, supported by new global baby brand products.

Controls Division: Trading pressures eased in Q3 with early signs of improvement in Q4, but rebound slower than expected.

Valuation View: Despite headwinds, Berenberg sees Strix shares as attractive at FY 2026 multiples of 6.2x P/E and 6.1x EV/EBIT.

I’ve got about 5,000 shares at just over 40p averaging down. They hit 50p at one point, and I didn’t take any profit, as I was holding out for better sentiment and better times.

I can’t tell you what to do, but honestly, chasing it down from 55p feels like a tough call. If you’ve got spare cash, maybe averaging down to around 40p and then trimming back when you break even could work. Personally, I don’t think adding more is worth the risk unless it’s a tiny slice of your portfolio. Anything over 5–10% of your portfolio after further cash, would be too much for me.

Good luck!

I've done similar bit of DCAing in a number of shares this year, it has been a roller coaster ride with WD in suspension for 6 months may make 22% in another 6 months, if it doesn't go pearshaped, Lazydays GORV going bankrupt dislists from NASDAQ tomorrow - flukey £40 profit, could have been a £1500 loss and B&M DCAd down a few times to 179p from 270p. It could all have gone wrong, but I was lucky.

What's this Goldman Sachs escrow lark then? How would anyone know the truth of this or get this verified, I'd quite like to know if all this money is in escrow in anticipation of paying out to shareholders.

Showing my ignorance here, but is it against some sort of code for the bidder to hoover up shares that are on the open market at prices lower than the bid?

Trading212 does not charge a transaction fee, so you can buy in small quantities. Surely a pricing model would have a weighting to effectively exclude these small transactions.

Am I doing this wrong, I think the higher prices are being suppressed, I had a trade go through at 22.8 and it definitely isn't showing as a high on todays stats for the Share price. I see 22.62 on here and at time of writing 22.59 on Trading 212, if the prices are not getting shown Investors aren't seeing the whole picture. I suppose there is a spread, but surely the high is the high. If anyone can enlighten me I'd be grateful.

The last payment for Billi is this month then with the move of premises its double digit growth for this division and plenty of free cash flow. Billi is probably worth the SP on its own.

The new massively smaller kettle controls will likely lead to a lot of new designs from their customers to take advantage of smaller form factors. The Canton Fair orders are the key as to whether this really flies. There is a moat on this side of things as while price is always important, reputation & quality count when mixing water and electricity. I'd be surprised if this stays a PLC at this SP, it's ripe for a Private Equity buy.

Late Friday RNS dropped on Holding of B&M and Black Rock have just gone over 5% share holding, probably nothing, but they aren't reknown for losing money on their holdings

Not sure what IC is.

While it has been nice to be able to DCA down a bit, it is nice to see a bit of an increase in the SP the last couple of days, if only to keep the banks happy.

The CEO did mention in his last talk that the Canton Fair was a vital opportunity to be able to talk to their local customers, I wonder how that went.

Looks like a new RNS for 27,955,652 shares and 4.04% of the voting rights has dropped at 14:18 - what do you think of this?

This is likely to be picked off by some Private Equity firm the way things are going. Was at 50p not that long ago and at 50p I thought it was still quite cheap. No one knows about it, it isn't sexy, but it has at least two great product lines. Should they divest part of the business or are these totally synergistic with each other?

@WiseAfterTheFact what share buying and selling platform are you using, I've been unable to trade my WG shares this morning as they are incompetent.

"The Sidara bid is predicated...." , not BD - sorry.