Member Info for triumph1

The way the market has shaken people out of this. Aim shares are not for the faint hearted. Us with experience know exactly what to do at times like this with companies as good as this....average down. Close to 20% up in 2 days and knocked my average down. Thankyou very much Mr market

There has been a spike in press coverage regarding calls for uk to ban ads and ladbrokes have now said that they will voluntarily stop all ads before 9pm. Whether they actually will, or just appeasing the lobbyists who knows. The debate for governments to step in is certainly heating up. This just shows the importance of revenue diversity. I hope ory can steer this ship away from the storm

Oops so it was on the 4th. Not sure why I wrote 8th. Indeed I hope this is just the market playing silly buggers. This drop is savage though, as if it is the end if the world. The company made near 40m net profit last year, we will probably do around 35m this year. That's a p/e of 5. The dividend yield is nearing 7%! I guess the market needs further confirmation that this year's issues are in the back mirror which hopefully will come in Jan, and growth is back on track.

so drop is no surprise, although a little more than expected.

Overall a good release. Certainly gone some way in alleviating regulatory concerns and Ory certainly seems on top of the issue. Very strong forward looking statements, still making rapid acquisitions which shows confidence and revenue, ebidta & bottom lines look about right for what was expected.

Bad points are of course the substantial dividend cut. We all know why this probably is, but there lies the problem. Ory has not spelled it out as to exactly why the dividend cuts are so deep, and it is not as if we cant afford it with our huge cash pile. The dividend policy Ory promised has been met as approx 50% of net cash generated this H1 have been used as a dividend, but given the pain the shareholders have been through over the last 6 month, the dividend could have easily remained the same at little cost, which would have obviously buoyed the SP. A little more clarification and reasoning behind this would have been nice.

Also diversification has gone a little in reverse this half, which is very important to avoid anything like this happening in the future. Forward statements and acquisitions look good on this front though.

Unfavorable finance expenses (fx rates) have hit our bottom line, of course out of our control.

Other than this, Ory paints a really nice picture for the future and the worst, so it seems, is behind us. I am a buyer on any dips!

Clip clop clip clop clip clop clapper

Also, I believe mulberry has a much greater exposure to HoF than other luxury brands such as Hugo Boss ect. Thats why we are feeling the brunt of it.

Mulberry concessions were already performing poorly before HoF going into administration, so this has just added fuel to the fire so to speak and has added to the risk of profits becoming 'materially lower than expected'.

As HeresHopin said, given the increased risk and its already hugely inflated p/e (Common for luxury brands though), a sharp correction was bound to happen on such news. What happens from here depends on how we trade from now until year end.

charts have nothing to do with this drop. The fundamentally **** RNS's being pumped out by 88E is more of a reason i would say. If only they can pump out oil as well.

Starting to think whether there is actually any oil there at all?

Cant watch this car crash anymore. The only achievement CB has made is spending millions of dollars in return for a $2k profit per month. Total and utter farce. We have been lied to and cheated. Good luck all who remain. I think you will need it!

Other than what a pile of shit. I wish i listened to my instincts earlier

Here's hoping. I guess you have a point; last time it took him nearly a month to release an RNS that a 5 year old must have wrote. If the RNS is well worded, we might be here all year. Gwynwin: I think CB must use an abacus to make his calculations. I just hope he doesn't get his 5 year old to write the RNS again.

Impatience is brewing. We seem to have caught the wind in our sail a bit this week, but once again stuck in the doldrums of poor communication. Why is it taking Colin 1 month to release quarterly figures for a tiddler of a company?

On still very low volumes. Imagine the rise with a bit of volume behind it! We just need colin to release the catalyst of good quarterly results + update on ardrock progressing as planned. Best of luck all, news imminent!

Neither can I. Have never seen volume this low. Clearly everyone has taken their position. With a bit of good news, volume will spike and the SP will move massive if history is anything to go by. The biggest spikes usually occur with ultra low volume prior to the market moving event as the MM's have very little to go on other than demand relative to wvap when it comes to pricing the stock on the day so usually ends up hugely overshooting. Not long now for Q1 results.

after hours activity. I suspect a few II's hedging before results to smooth out the volatility? You see this quite often in other shares before earnings. Good luck all, I will also be attending the presentation.

why this is still so low. Then again, the stock is being shorted by II's hedging themselves against the last placings. We are currently seeing a large supply of cheap shares on offer which is keeping PXOG depressed at the moment and subsequent offloading of said shares. Hopefully should see a wind down in shorts too as having a net short exposure to a stock like this is mental risk for II's to take. Once the placing shares are clear (which they are obviously not hence the short position), expect to see this spring back. There is no risk for II's to hold now as selling large quantities at this level yields no profit, so they will be waiting for a rise in share price to offload into; therefore to get these placing shares clear we need a catalyst. Due to the fact that the only inkling of news the company has hinted at will be in Q2 regarding Romania, this could drift lower until the inevitable rebound. Year end however should see this substantially higher than the current price if all goes to plan.

to those who brought in the 160-180 range and locked in a fantastic price. I am bulging at the seams with these and looks like Ory is too. Surely should be back above 200p in no time as that's where we belong. Now lets hear them full year results and hopefully make an all time high. Bet of luck all.

Topped up at 166.5 & 167, right at the bottom and added to a spread bet. Short term downtrend that now looks to be overdone. Will Ory buy even more at this price? He seems to love a bargain

Sorry to disappoint :) I am convinced this is a temporary re-balancing of portfolios, nothing more sinister. The FTSE AIM index was down 0.9% on Friday and has been dropping for the past week now, and we are a constituent part of that. It is probably the AIM tracker funds that are selling followed by some II's that would prefer to wait on the fence. In the wider markets, this just looks like a healthy correction, nothing more. Gold dropped with stocks, bond prices are falling with stocks (lets see how that plays out) and the JPY & CHF are not appreciating like they usually would in a downturn. It doesn't look like anyone is panicking yet. It would be time to wind down positions if gold started to rally and markets continue to fall, yen and CHF notably appreciates, bond yields go down despite higher inflation in other economies like Japan or Switzerland, or the 10yr US T-bond goes beyond 3% which would show a lack of confidence in US Govt and significantly increase US debt which could cause a panic. They would have no alternative to hike up interest rates fast, so a double whammy. That is worst case scenario. Nothing like a correction or downturn to make a bit of money. Good luck all.