Member Info for xel123

PP1,
Why do you think lenders may pull the plug ?

Also,
I remember UBS also taken, over 6% just after the suspension. So all these people have taken their positions without knowing the extent of these issues.
I very much doubt it .

Hi Neil,
Could you please tell us what are these "financial irregularities" you are quoting.
Also,
Stew why do you think this will go up 200%

Hereshopin
My native language is not English. I may not have a perfect grammar or spelling with my writing. But, I have achieved considerable amount of success in my life with my limited English knowledge.
One of my great English teacher said,
Don't worry about others who are trying to find mistakes about my English, they may not good with anything else other than that. Great business magnate like Jack Ma won't be here today with his great business success if he worried about his English.
Apologies in advance if there is any grammar or spelling mistakes
:) :)

Good morning Sharebel,
You are claiming that you have no interest in this share - short or long,
Yet, you have posted 7 time since this morning.
What are you trying to achieve here ?.
What is your motive?
Don't get me wrong it's a bit of sad What you are doing here.
I understand others who have shares trying to get this share up in order to sell and I'm not saying that is correct as they talk absolute garbage saying this is going to go up to 6,7, 10p by end of the day.
Before you ask why I'm here , I'm a share holder here with nice profits at the moment unlike you who has nothing with MEAL.
Nothing personal so don't get upset
Have a great day

Do you still think this will touch 4.7p as you predicted this morning?

Has anyone seen the twitter post about potential TO bid from Bakkavor?
I tried to find it since I saw it this morning but it has either deleted or gone private.
If anyone seen it please share
Thanks

We had latest 2 days over 50 millions shares traded and today already 23 millions shares traded.
Have they already purchased what they need by now ?
Anyone can shed some light on this

Just seen a tweet and couldn't get a screenshot as it's disappeared and gone no where to find,
Couldn't get the complete tweet but it did mentioned Bakjavor food is plotting TO to get this under their wings
Shame couldn't get at least a screenshot

This MEAL story is very dramatic and suspicious.
Don't know whether the directors and founders purposely taking this company down to get it back to their ownership.
This is from last update
"The adjusted EBITDA loss reduced by 42% to £2,110k (H121: £3,618k) as the Company continues its drive towards profitability

· Basic loss per share reduced 62% to 4.9 pence (H121: 12.9 pence)"

Company is trading towards the profitability with no debt , plenty of cash in the bank and as at October, trading to meet full year market expectations.
Something is very fishy here.

Shares in Issue - 73 millions
Share traded today around 49 millions with 24 millions buy,
I assume last Friday also similar to this
So
Who is buying?

Doc83,
Why do you think share price will go down to 1p?
Previous update from the board
"The Board wishes to confirm that 2022 trading remains in line with market guidance and the Company has cash reserves in excess of £3.5m."

No debt , cash in excess of £3.5mil in the bank , trading in line with market expectations. Surely there is huge value here.

If someone is buying/ selling shares based on opinions of the people here is absolutely mental and shocking.

I understand that the results with almost no income is really bad. I do really feel for the long term holders with high average price.
But
GDR have 2 great products waiting to be approved from NHS and in America. Also plenty cash in the bank. No debt. They do not have to raise cash from the shareholders. If they can obtain approval for the products then they can easily go to a lender to obtain finance.
Less than 1 million shares sold so far and more people buying.
Future look brighter here .
Good luck

Bought few days ago for 1.7p and sold for 4.46p.
Good luck to all of you still holding. Don't listen to people like EARL , do your own research and decide what you do.
All the best

Where is E A R L :)

Earl,
Fair enough, thank you.
You seems to have a great knowledge about this company.
Tried to read and understand the RNS but it's bit complicated.
They have over £3.5 million cash which is bigger than the current market capital. Also, they said current trading are likely to be as market expectations.
No debt. What seems to be the issue here ?
Please shed some light if you can.
Thank you in advance

Earl,
Just a genuine question,
Whenever there is a movement in this share , you have so much energy to bash it repet the same post of delisting.
What is your real motive here ?
Are you a shareholder? Or you short this share
Or
You simply warning people not to buy?
Answer only if you wish and don't have to

Here is the clue
"as a result of the events since IPO and the transition from a private company to a public company, CEO Adam Minto has resigned as a Director of the Group "

Hotchip
"I would not be surprised to see some key retailers distancing themselves from REVB and cancelling orders &/or not renewing contracts"

I'm afraid your thinking is very wrong. REVB band is very well respected within customers as well as retailers. We have lots of recommendations from the main stream media as well as great social media presence. Innovative products including vegan products.
This is a company internal matter and would not be impacted on products, customers or retailers.
I can imagine if the company involve in things like animal testing , cheap labour, racicam ..etc then it may be a different issue and we may lose customers as well as retailers. But in this situation nothing nothing like it.
Classic example would be Lookers , they had lots of issues with their internal affairs including accounting practice but that didn't stop customers buying cars from them. The company flourishing now.