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"Borrowings during this period (around the end of Q3 2024) are likely to exceed the Group's existing borrowing capacity and so, as a part of the Strategic Review, the Board is in discussions with various parties regarding additional financing".

Presume that's what's spooking Mr Market.

I'm not normally one for congratulatory posts, but, wow, after 2 days of brutal sell-offs across my shares it's a blessed relief to see something working. Yes, shares can go up!

Fundamentals versus noise. In wobbly moments I repeat it like a mantra...

I'm no macro economics expert but I find the massive sell-off we've seen a bit bizarre. There's plenty of commentary about the FED now being seen to be too late to cut rates, just as they were too late to raise them. These commentators are factoring in the FED having to push through 2 cuts of 50 basis points each before year end and rates down to 3.00% by end of 2025. Should that happen, I can't see how it won't be a fillip for equities and private assets, especially growthy ones. CHRY has a few of those!

Could be wrong - second guessing these things is a bit of mugs game, even for top economists, but that's my reading. Definitely not a moment to knee-jerk sell any of my investments - if I liked them last week, I should like them even more at these valuations.

Bizarre how COST is especially copping it in the global sell-off, near the top of the faller's board at 8.5% down.

Don't immediately see the link between fears of a global recession and this infrastructure company with long term contracts already in the bag. But maybe I'm missing something.

Lovely start to the day.

Now down 5%. Panic over, sorry guys, should've remembered that CHRY always cops it on downturns.

For some reason CHRY is especially copping it in the global sell-off - down 11% this morning.

Thanks guys. Some say the debt position isn't of concern thanks to the property assets. Some truth in that, but others worry about the direction of travel if that direction is sustained trading losses which will need financing. Also true to say that companies which are very beaten-up and out of favour often cop it the worst on down days. Frustrating, because I was toying with the idea of finally taking my licks and bailing out of this miserable investment at around the 35p mark. That feels some way off now.

I know yesterday was awful for most equities, but does anyone have an opinion on why Boohoo was the biggest faller on the AIM 100 with an 8.5% fall on the day and an 18% fall on the week? Simply reflective of general sentiment towards the company, or have I missed something else?

I'm not sure next day will do enough to lift sales substantially Bfdinvestor. Can't help feeling we're swimming against a broader tide. There are probably too many operators in this space. I also worry a bit about management.

Recent stuff on Boohoo makes for sobering reading. Declining sales (esp in US); over-investment in capacity (esp in US); move from profitable to loss-making; move from net cash to net debt. I could go on. Worst of all, there's little optimism as to future prospects. Rather, the talk is of funding worries should the loss-making be sustained. Dear me, no wonder the share price has dropped 10% in a week from an already low base.

The only good things out of all of this is (1) Kamani & Co didn't get their ridiculous award of 16m shares (had the sp reached 491p lol) and (2) I haven't thrown any more good money after bad since May 2023, such that my earlier buys ain't worth a lot now, so if it all goes tits up I won't be financially affected much. Financial damage was done long ago.

This may well look like a relatively decent (and safe) investment when the current AI fuelled tech boom receives an inevitable reality check.

Who knows, but usually money is raised by issuing shares at a discount to the prevailing share price.

And there we are... as if by magic, the share price drops the discounted capital raise price.

Yes indeed and, not for the 1st time, if it goes any lower it'll be lucky that retail investors weren't given an opportunity to subscribe!

Rumours of a capital raise, per Sky News over the weekend, hence this morning's fall.

Bailed. Should've done so weeks if not months ago.

Good luck those with the stoicism to hang on.

Underwhelming, as market reaction attests.

I have to laugh. Naughty AIM management, example no. 1,283:

On 25/06/24, the same day they announced the purchase of Fresh Burritos and expansion into France, the management of MEX hosted a presentation and Q&A on the Investor Meet Company site. They wanted to tell us all about their "exciting" and "transformative" acquisition - I never saw such a gushing and self-congratulatory presentation!

Move on a month to today and they deliver a fat profit warning to the market. And, this time, there's no presentation and Q&A - management are nowhere to be seen! Scarpered!!! Lol, you couldn't make it up....

Hard to make money on AIM when management teams are this incompetent or unscrupulous (take yr pick).

...but, as usual, the UK AIM market giveth no credit. ...

Agree with that analysis as to the company's positioning now. While recent share price performance has been disappointing, I don't believe now is a good time to sell. Revenues will come back into the sector now that a stable Labour govt is in place. It's then Totally's job to correctly price their offerings to win new business, hopefully having learnt from the experiences of their past mistakes.

For underwater LTHs like myself, it's a hold, and for newbies to this share, it's a probable buy at these levels.... all baked into today's share price is my view.

Rated by Paul Scott as a recovery play. Glad I didn't listen to him.