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The sp was up 60% in the week leading up to these results. Now returning to yesterday's peak. What a leaky share this is, but I'll take it!

In a phrase, "moving in the right direction".

Patience is something Manolete shareholders require in prodigious quantities.

...it's a volatile share, position size appropriately and one can just ride it out and sleep easy. OCDO still has plenty in the bank, it's not going bust soon. In the meantime, it's sentiment driven as it always has been with this share. Who knows where we might be in 6 or 12 months? The ending of Kroger exclusivity may be a blessing in time. I had thought Trump's immigration policy would make cheap labour scarcer and therefore add to the appeal of automation. That thesis may still be in play long term.

In many ways this is a fun share - I enjoy being a holder - but don't bet loads on it!

Wow, nobody wants a Boohoo share on a Friday afternoon! Wish there had been a swift corporate action to swiftly put us out of our misery long ago instead of this long, slow, dispiriting descent. My shares are worth f all these days.

I've just had a go at catching it. Let's see how bloody my hands get.

Somewhat surprised the share has given up so much of yesterday's gains. Yesterday's good news about China already forgotten.

Another day, another drop, albeit marginal.

Just reminding myself that there have been 4 separate director buy RNSs in the past few weeks. Individually they aren't large but collectively they amount to approaching £100k spent I calculate. A small comfort in these horrible times.

The negative news will be UK macro related. Already is. Tin hats day for UK investors I'm afraid.

DOTD getting particularly pasted in today's general drop. You'd imagine DOTD's 'quality' would protect it in days like these, but, time and again, it doesn't. Acting like (and becoming) a value play.

Post crossed with yours LWHL, similar thinking.

Ok, I'll stick my neck out and speculate it's UK macro problems, not company specific. Starmer's 'reshuffle' has gone down like a lead balloon with markets. Borrowing costs up another notch.

UK in a desperate state, why did I stay so loyal in my investments?

Not yet though. Nasty drop this morning. Can't immediately see a specific reason. Another broker downgrade, I wonder?

Is it just me that reads the gushing commentary while also reading the company's performance down on most metrics and finding the contrast a bit incongruous? Fine, most of their problems were previously announced and there are no new nasties revealed today, but I feel the market is going to need more convincing that the business is truly past its wobbles. In that context, it's also fair to say that the market doesn't like reading the old "in the second half things will only get better" promise. My holding is down 30% so I'm hoping for the best but this is still very much a 'show me' story. Some fund inflows into UK small caps would do wonders for this share as it would a number of my holdings, but the whole UK macro is a headwind.

Meanwhile, back in Synthomerland, the sp drops again, with all-time-lows in sight once more....

We're talking about a 98% share price drop in 4 years, surely that's worthy of a mention? I mean, just for context lol

Notebooks out at management school - a superb case-study this - revolving door management, misaligned incentives, poorly timed acquisitions, overconfidence/hubris, etc, etc, etc.

I remember watching a PI World video in 2021 when SYNT's sp was north of £40, where private investor's "pitched" their best share ideas to a panel of fund managers including Andy Brough of Schroders. This fellow gave a 20 minute pitch on Synthomer. All 3 fund managers voted him down. Too much risk, they said. All 3 had specific concerns over management, noting the lack of skin in the game. Maybe they do know what they're talking about these fund managers! Didn't stop me bottom fishing a year or two later though, at a price I thought was cheap... but wasn't.

I should dig out that video but it's too depressing.

Yes, you were quite right there. One never knows though, this might bounce back sooner than we both think.... MPAC's share price swings around, the trick is to catch it and let go of it at the right moments... not easy.

That theory has not borne out sadly.

Volatile share this one, but it'll be a long old haul from here.

GRID share price rolling over? So much of the output is contracted out now - on not generous terms - so I wonder where's the upside from here? Conviction lessening...

But the brokers Berenberg have today initiated coverage of Trifast with a 'buy' rating and 130p PT.

SP unmoved (sighs).

Solid results, meeting guidance, but the "relief rally" lasted all of....er....about an hour lol