Some positive thoughts23 Mar 2024 19:00
Hi All,
Just a couple of thoughts before d-day.
Cast your mind back to the reason you’re here. The talk at the time of the announcement of Craven and the quashing of the delist last Summer was all about the rare opportunity with this cash shell. Shells are a dying breed. This was the cheapest, and smallest share base on the market at the time.
David might well let it go on Wednesday but will never see an opportunity like this again so I wonder..
Looking at Bodycare, there are no accounts available but a reasonable comparison would be REVB.LSE in the same sector, an 87m mcap, six time as many shares, 28p each. Now of xourse there will be huge differences in terms of assets and liabilities, but a recent article showed that they made a small loss last year but predict a lot of growth in 2024.
All the doom and gloom around the London Markets in the press right now foreshadows a turning point imo. The news is always 6 months or more behind the Eliot curve. I would suggest this s a perfect time for Bodycare to enter the fray. Growth is firmly on the agenda of all incumbents for elections’ sake.
So I am quietly hopeful. And enjoying the detective PAS’ investigative thriller in the post below. Not sure how I will respond if this goes live but I’m in a position to slice in the short term and still have plenty for the longer term. I reckon, if it happens, there will be higher highs some days or weeks down the line - shops opening, (maybe one or two of the old Body shops). Then the online combination/integrarion also in the pipe. In short, NEWS and raising their profile in Southern UK.
Anyone invested in REVB here? All thoughts on the above welcome.
GLA.
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