Member Info for William123

Can't buy under 20000 shares then 25.7p

When you are lucky enough to be told that Tony Brewer is floating a company after leaving Headlam and his top team have joined him. The carpet rep that gave me the news was desperate to invest because he new this day would come.

Likewise market cap £66.82 million

Headlam market cap £64.35 million

I delighted for the Likewise Team. Continually adding strength balance sheet with purchasing property while and concentrating on the main business of selling to retailers while using the best team in the business to do so.

Mean while Headlam are selling the assets to pay for consultants to tell them what they need to do. The best consultants they could ever get they let go!

AJB now targeting 250m turnover.

Laurence Hulse, Lead Fund Manager of Onward Opportunities Limited, said:

"Onward Opportunities first invested in Likewise a year ago at 14p into its nursery of holdings, having spotted some emerging competitive advantages, and that these were driving increased profitability and market share gains. This year, those advantages appear to be intensifying with associated revenue and profit gains in spite of a tough market backdrop, leading Onward Opportunities to increase its investment further into the company. As Onward Opportunities Limited is one of the few UK funds with fund inflows this year, it can provide growth capital directly into the company to accelerate some of Likewise' competitive advantages. This is the sort of capital allocation function that public markets can so ably provide. Onwards."

I think they will rise upto and through results. I have mentioned in the past more interest is now being paid to the company and main rival is showing major downturn that it was able to brush off as general trading conditions. PE of 83 is very high to those flicking through figures but the forward PE is only 18. Company is making decisions for the future like purchasing the new fleet of vehicles and property as opposed to leasing. Much easier to lease and make today's accounts look pretty than purchasing. Finally coming back to ''The Weekend Rebel Review July 17, 2025'' i have mentioned this the last few weeks. Likewise again mentioned in this weekly report(this week for the directors buying) and i don't believe it is a coincidence that a flurry of buying came in the 20mins before close directly after release. Please check the report and graph.

Being in the flooring trade i have been very lucky to have seen this from the start when I started buying on TISE before they moved to AIM. It has been fascinating to watch them develop the company into what i believe will be the market leader from nothing. Good luck all.

Just added 20100 at 23.79 and it is recorded as a sale. The same as all other trades today.

likewise group have got a few mentions here in the last few weeks. all positive from the respected richard crow.

https://open.substack.com/pub/****neyrebel/p/the-weekend-rebel-review-july-5th?utm_source=share&utm_medium=android&r=3b5sw9

Ex dividend today

definition of ironic 'when london south east is offended by the name ****ney '

missed this from the recent '****ney rebel share blog '

the company has the investormeetcompany presentation on their company homepage:

https://www.likewiseplc.com/

i watched this and was pretty impressed but there wasn’t any cash to buy at the results but i did buy this week following a 500k buy of the co shares by the chairman. the company is also doing buybacks. it’s interesting that the consensus earning forecasts have been rising off of the results too imo.

I hold through 2 accounts similar in size. 18.84p in one and Probably over 30p in second.

Ex dividend this Thursday June 5th 0.25p

Headlam trading update today just proves how well Likewise is doing. See below

The Group's(HEADLAM)year-on-year revenue has sequentially improved through the Period, from a decline of 6.6% in January to a decline of 1.4% in April. Group revenue for the four months overall declined by 4.7%.

Chairman bought 500,000 shares. Much better news

I hope I am wrong Luxs.

Hi Luxs

I wouldn't be surprised if it was director sales. Possibly Andrew Simpson. He still holds 10.8m and sold 9.25m last October. Will find out soon enough if so.

Stockopedia lifted ranking from 80 to 90 on these results. Up from the 20's a few years ago. The quality begging to be appreciated by others other than ourselves on here.

Very good presentation this morning. I was slightly disappointed with the figures i have to admit but when you hear costs were into sales staff it makes more sense. Sales growth for 2025 looking really good. When you see the graph compared to previous years you really notice the difference. Starting to talk about what happens after moving past the £200m turnover now. New site opened doors this morning. Very good growth with such small leverage including vehicles and property.

Looking forward to the coming year.

From Likewise Facebook page. Looks like they are pleased.

We’re pleased to announce that Likewise Group’s Final Results for the financial year ending 31 December 2024 (FY24) will be released on 12 May 2025.

Stay updated 👇

I have it Monday 19th May

The start of 2025 has provided a solid platform for the Group to achieve its corporate objectives for the year ahead.

Whilst January and February are traditionally lower trading months, March and the forthcoming months will benefit from the operational gearing effect which was also successfully delivered in H2 2024. This should take the Group to a higher level of profitability as reflected in current market forecasts for 2025.