RE: Trading update.5 Feb 2021 11:03
A brainbox at woolworths decided to sell the valuable property and rent back at high cost to the business, they lost their purchasing insurance, ie buy bulk stock for sale, a loan was secured with an Irish Bank, they forclosed on them, recovered 100% of their cash, it was a fire sale everyone else lost their money, 27,000 plus workers on the dole, council lost property rates, linked business also felt the brunt, including local services, that woolies staff used.
IMO SOH has created a staff cash cow - including dead wood advisors draining the bank, this is reflected on the shareprice, most appear to ignore the hard facts, including full wage taken regardless of performance, a number of us are tied in under water for months, regardless of date, the company has committed to paying additional staff, investors lose on different levels, add on self select isa fees for those that expected a good profit (RAMPER CREATION)....
Aqua the two mentioned are on my filtered, I've heard it all before, they are useless, attack others that do not post positive comment, nothing positive on the sea bed and no/little sign of break even for me /others today.