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Proactivepro7, you say it's your understanding that Blackrock were obliged to sell when the share price declined 50%. That's v interesting information - do you have a source for it?

Watched it.

Bit rampy, but that's Vox Markets - they give everybody an easy ride.

Positive nonetheless.

Further thoughts on fredintheshed's post.

On reflection, if the purpose of the announced full strategic review really is to "ensure that the shareholder value is optimised", it could be encouraging. I mean it's exactly the sort of thing a major shareholder or activist investor might insist on and I wouldn't be surprised if that's what's going on behind the scenes here. I can't imagine they'll be providing any further details on Tuesday, if the review has just started.

Per the update, the board seem v confident they can pass on the cost increases (and quickly). I believe them. Leaving aside stocking/de-stocking, demand is reliable and alternative suppliers will be facing their own margin issues.

I feel better about Accrol than I did yesterday... and that's despite today's further drop. Although I've invested more than I should've, I might shove some more into this share. Possible recovery situation.

Thanks for posting the video Agricore, will watch later.

And (again) for your thoughtful analysis. Last I understood was that margins were being squeezed and it would take time to clear the debt, so if they've made that much progress, that would be great!

I worry more than you about their acquisition trail. Now is not necessarily the time to be again adding to debt. On the other hand, if they can pick up suitable assets for a song.... I don't know... i need to see more before I'm convinced they're superb capital allocators. Maybe the video will help.

Good morning Boohoo keyboard warriors (you know who you are - the ones leading especially fulfilling lives)!

How's it going? Still arguing pettily amongst yourselves while Rome burns?

Great stuff - should be another fun day for all of us reading your rubbish.

You could well be right there.... but after this period of poor trading, I hope they don't contemplate a fire sale of the business.

I was hoping to hear that they were successfully managing costs and even beginning to see inflationary pressures abate... couldn't have got that more wrong. Suppose you need loads of electricity in the production of bog rolls!

Yes. The chilling phrase is that they say they need this strategic review due to short-term "but inherent" volatility in earnings over the past year...

What does that even mean? Are they saying they've just realised that there are earnings issues which are intrinsic and fundamental to this sort of business?

Yes, I'll certainly be looking for clues.

In the update they claim that "the underlying business is in good shape and the Board remains confident in the medium-term prospects for the Group".

But then say "In light of the above and the short-term but inherent volatility of earnings experienced in the current year, the Board has concluded that it is now appropriate for Accrol to conduct a full strategic review of its business"....

Eh? Which is it?

...and reliability is exactly what we didn't get from today's Trading Update. More pain.

I'm also delighted. This was my worst performing share but I kept buying on the way down - just for once it's good to be rewarded for one's bravery and hopefully correct analysis.

Thanks, I stand (partly) corrected about Liberum being an outlier. On the other hand, market reaction this morning has been muted, so presumably their bullishness already well-known.

Good news on the face of it but, keep in mind that Liberum are a bit of an outlier in terms of their bullishness on THG.

Yes please! Frustrating.

...and there's no date on the article! Couple of months old?

But I think they were - multiple directors made purchases at the start and then the end of December, all in the 30-35p range!

Two days of sharp rises! Let's hope it sticks and that it repeats elsewhere as it's been a torrid few months for UK small caps. Spring cometh!

Blackrock did the same with another recent IPO - THG - sold half their holding for a 50% loss. One wonders how they make money!

Whether for a bog roll or Accrol, I'm looking for reliability not excitement!

Executive chairman holds 3.5%.

Yes indeed, the Radcliffes are well aligned with us shareholders. I am more confident in this shares than I am with several others in my portfolio.

Making a more general comment about the prospects of equity investing in a world of high debt and rising rates, there'll be few if any instant wins and patience will be ever more of a virtue.

Dropping like a stone - surely there's a reason?