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The Sidara BD is predicated on it being supported by the whole BoD, so they can't say anything different, other than giving it support or the bid fails, that doesn't stop PI and II rejecting the 30p.

I don't see what the whole restating the 2024 figures after the review is about, as there is not that much difference, certainly not a difference to support the massive drop in Share Price since Aug 2024. What am I missing?

Boy is this share boring with no zip in it at all, recently used it for buying home insurance with a little kickback of £15 and it was a pretty painless experience.

I certainly prefer your narrative (in my own selfish way) on the situation Icecool, although we will have to see what actually transpires. Kenny boy has lost a tonne of money himself on his shares, but I hope the ii turn the 30p offer down as a lesson for Sidara being too greedy.

A lot of these institutional investors have stuck out from much it out with WG at share prices in the 300p and higher level and they have a lot of influence and clout with their own inhouse investment arms and banks in some cases. I just can't see them being happy with a 30p a share return, when they could help reorganise and turn this ship around in the medium term to claw a lot of their money back.

A lot of merit in your view about the getting all the bad news and the kitchen sink out now to help it look better later, the difficulty is if there is too much bad news nothing will fix it in the eyes of ii and pi shareholders.

This has got almost as lively as the J Wood Group PLC forum (try having your money totally tied up for 7 months and what is likely to be a year), in-between the odd bickering match (use the filters folks) there is analysis of substance (i.e. Beo1 - with why it is £20m and not a £7m hit) and the odd position that while I don't necessarily agree with them, makes me think and that gives me a different perspective than I had before. People who are successful at this game do it differently than the crowd, sometimes not having an echo chamber can really help, so play the ball not the man.

Market price is £126.77m and not the £2.04 billion in this article, so that is a hangover from last years bid. If they want to do it for £1billion I think we'd all be up for that, but it is not going to happen. Best to sense check before posting I'd say.

RNS Number: 4729N of 19th June 2025 says at Section 4: What will happen to dividends?

The Company's current dividend policy of distributing 40-50 per cent. of adjusted earnings remains unchanged

I expect the dividend policy to be honoured, just as the RNS says that it would be unchanged, although I think that share buybacks is a good idea with the difference between 50% and 40% of adjusted earnings.

I've bailed most of my shares at 380p after failing to bank on past improvements on other shares that have gone on to tank, I'll likely buy back in again, if it drops.

Wasn't too far wrong - this has had a 220 to 1 reverse stock split, so the current price at $6.41 is actually $0.0291 per old share. Worse thing is it gets worse, there is a proposal to sell another $10,000,000 of shares so yet more dilution.

I've listened to an hour long Zoom presentation/ Q&A session and I've added some more shares at a pretty favourable price. Things that were a highlight to me:

Move to March year end from December year end.

Capacity for Billi to now double in size, as Billi continues to grow 10+%

New smaller under counter consumer unit coming for Billi

New patented control items coming with 30% reduction in size, which will eventually lead innovative changes in sizes at more competitive prices

Financing costs currently 7.5%

Working on aggressive debt reduction and dividend is being used for this.

Massive 24% decrease in control item sales, as OEMs aren't investing - likely to release pent up demand (as I read it), as a result of the uncertainty of tariffs.

Some great examples of the above uncertainty - oem planned to open up in Indonesia after China tariffs, then Indonesia got tariffs and they were removed from their China operations, so Indonesian operations canned.

There was a lot more that within that presentation and the answers to questions that were asked that gives me confidence, they will be able to take advantage of the opportunities that are available to them.

The analysts meeting yesterday must have gone a bit wrong, I've loaded up a few more at just under 40p. We will see what the broadcast tomorrow has to say for itself. Liquidating a few other stocks to DCA a bit more myself.

Hi Folks, was wondering why the SP has been as high as 50p a share this week and did a bit of a deeper dive on probable reasons.

I know that FMR LLC who trade as Fidelity Investments had 5.1% of the voting rights in March 25 and now Kambiz Nourbakhsh (whether as a private buyer or in his position of Managing Director of Lone Star Europe - Venture Capital and Private Equity) has increased his shareholding to 4.1% of the voting rights. I havent seen any notification of Asúa Inversiones, S.L.

Is this going to be a position that gets increased, or are Strix PLC going to eventually be taken over and removed from the stockmarket entirely?

Taken a couple of months, but including the dividends I've received and the current share price, I'm now breaking even with my B&M Shares right now, not planning on divesting, but loss aversion is real.

I've watched the video and read a transcript of the video and I'm looking forward to the CEO making his mark, by keeping his focus and doing things better.

Pokerchips

Even the buggers writing the RNS don't understand what they say most of the time.

If SID think they are getting my vote on 30p without a gander at the accounts they have another thing coming.

Perhaps someone knows something more than we do to get that sort of money for the shares, I'm assuming it is some sort of housekeeping exercise, but I wouldn't mind 116p a share (I've assumed the 1.16p without the all important £ in front of it is a typo :-) )

These have been changed to suit NASDAQ rules where you can't be under a $1 for more than a month. The shares have been changed so that 30 old shares is equal to 1 new share. So 30 shares at $0.22 is now 1 share at $6.60, only the things are now worth $4.80 last time I looked.

GOLDMAN SACHS INTERNATIONAL announcing the disposal of 6, yes 6 securities, what is that all about then?

A subtle hint from Sidara perhaps.

Well I set a price I'd be happy to jump in at and the RNS this morning has suppressed the share price enough for me to stick a small punt in on this at 42p a share for a longer term hold. Why? Dividend is to be restored after the completing the final payment for the Billi company, which should dramatically see a reduction in debt and therefore interest payments going forward. It would seem Billi is a lot more expensive than Quooker (who I'd put as the market leader), but with what appears to be a service contract available for more industrial style of users, I'm thinking it is worth a punt. Hopefully it will make enough money to pay for a Billi for my kitchen.

At the moment we have at least 5 companies shorting this share with 2 recent positions added in July.

Blackrock Investment Management (Uk) Limited 0.39%

Canada Pension Plan Investment Board 0.47%

D. E. Shaw & Co. Lp 0.56%

Exoduspoint Capital Management, Lp 0.40%

Walleye Capital Llc 0.70%

I'm sure there are others that don't have to show their positions. When I look at www.marketscreener.com and show the average target share price for analysts the difference in price is pretty much 10p or so below these analysts details for much of '21 & '23 with '22 less than 100p difference, come '24 it widens to 100p and now in '25 it is almost a difference of 200p on average difference between what a fairly large number of (think 16+) analysts are saying and the market price.

The shorters are having some effect and they know how to demoralise the private investors into giving up their shares prematurely, but this side of the market is just not in fashion at the moment, but I can see they are very much oversold and the tide is going to turn, it could be in a small way, but it has the potential to be in a fairly sizeable way.

I suspect the relatively high dividend income isn't what institutional investors are after as they have to treat it differently, they just want capital appreciation and exponential growth, then they have the opportunity to set aside this against capital losses, whereas B&M are more cautious and don't open up more stores than they can cope with and return profits to shareholders. I do think that rather than the target of returning 50% of profit to shareholders as a dividend, B&M may have to think about reducing its more expensive debt and taking the now open option to buy back shares. The share buybacks are more effective when it is in the FTSE100, where passive index funds have no choice other than to buy the shares.

@bubbleshoot, the private investors shares are being flushed out into the market just to allow these to be hoovered up by institutional investors, as they can take a longer term view than a lot of private investors are going to take.

So this share is currently at $0.128, but there are another 30,000.000 share that are going for $0.098, so why would anyone think to retain their shares if they can get the same for $0.03 cheaper per share?