Member Info for TomHH

This and WINE the best opportunities in the market right now.

WINE will have more net cash than it's market cap (i.e a negative enterprise value) in the years ahead and they are promising very material returns. A total freak situation and brokers have massively revised up price targets recently. Worth a look.

Better day but feels like this on sale right now!

I can buy 1 share at zero cost via DMA. Easy peasy.

Any updates team?

HarChris, just someone messing around with DMA

I sold this at a loss unfortunately, the bears were right and the bulls wrong. I should have sold much sooner though but who wants to take losses!

thankfully moved into Naked Wines and the shares have been ripping ever since. Why? Cash and cashflows (which is sadly missing here). Wine are projected to have net cash up to £100m over next couple of years and their market cap is half that at the moment. Follow cash basically and not those shares that burn it.

It's an okay move to buyback shares but i would have preferred management to use cash an attempt more explosive growth

Why don't you do some research?

Sure huge numbers are watching this now after recent news and the price action. Don't be surprised to see a big move back upon the turn

I think i will hold!

few sellers about down here

Increased ownership in Wine

Nice update. is a buyback better than funding more growth? probably at this market cap.

Just remember management has told you (and broker notes emphasise) that NET CASH will exceed market cap by around 50% in the years ahead.

Being able to buy below £1.00 is an amazing opportunity and is why the shares are re-rating hard

**My thoughts are this is a sitting duck, a very likely takeover target by private equity. I wouldn't be surprised if we saw a bid ahead.

Management's base plan scenario is for £90-100m net cash and that's materially higher than the market capitalisation right now**

My thoughts are this is a sitting down, a very likely takeover target by private equity. I wouldn't be surprised if we saw a bid ahead.

Management's base plan scenario is for £90-100m net cash and that's materially higher than the market capitalisation right now

Market loving the upside on offer

They are converting inventories to cash and when combined with existing cash will have a ridiculous sum. Divi's are the priority it seems but buybacks employed if the share price disconnect doesn't change ie. going up a lot. Payout would be a crazy figure with £75m+ sloshing about!

Just listened to the call, fantastic stuff from the team. Thought the new CFO was very impressive but also very confident. The cash generation of the business kept being emphasised combined with the scope for a very major returns ahead. I just added.

Long term holder here. Nice to see some restrictions at last!!

Can you share any of the content? Very happy with yesterday's update. Can see material distributions ahead now. Days of