Member Info for You_Having_a_Laugh

You can understand why certain people might want to take it private when they can't even handle the discipine of AIM that is, to say the least, a little relaxed compared to other exchanges.

They'll probably get it at a low ball price and then play whatever games they want. Not a keeper. Good luck.

My understanding is that there is little confidence in the leadership and track record - TBD. Supply issues and price power - possible problems. Input costs need to be passed on but try doing that if you don't have pricing power or partly dependent on discretionary spend.

Tax loss selling will also kick in some time.

Good luck catching this knife.

More of a pasting due when tax loss selling kicks in. Its another dog. Only people making money out of this will be the legal boys.

Get the message, its a dog. Take off the roase tinted glasses and idea of riches by this time next week and its not worth the stress here. BRSC are not stupid from what I can see, follow the non-stupid.

What surprises me is that even I could see thus has problems and that I expected some problem to come to surface. Just looking at the end market and trading of the share.

I still think there will be something else and a major clearing of the decks needed before this is investable and not just a speculation for PIs.

At the same time they are increasing spending.

An entertaining show to watch.

Big boy leaving in my opinion and dropping its small cap dogs to make the averages look better.

Can't blame them if you read up on the headwinds. Money is better allocated elsewhere.

Is it possible someone has been trying to drum up PI support to allow a better exit for someone else? I'm cynical.

Call me cynical but I'm expecting more mess than even this. What next? Keep your head on a swivel here for the next 3-6 months.

Put it this way. A period is coming where cash will be king again so sell your dogs early and get a watchlist of decent companies ready. It makes sense and how can this turn around when there's tax loss selling in the run up to the end of the tax year?

Put it this way. A period is coming where cash will be king again so sell your dogs early and get a watchlist of decent companies ready. It makes sense and how can this turn around when there's tax loss selling in the run up to the end of the tax year? Blackrock are not idiots.

Not bottomed yet imho and only exit is to tart it up for a PE sale in 2 years. I don't see it happening sooner and by then the cash will have dwindled further or be gone with a funding round needed.

It's a mess. Australia was a waste of money and US, hardly stellar.
Housing supply is their bread and butter and that's drying up.
Watch and wait but even then hardly expecting a compelling reason to pull the buy trigger.

Is there a court case outstanding?
Good luck.

Not bottomed yet imho and volatility galore. As for ST in IC. We'll, look at PTRO vs forecast. Thnk for yourself.

They have sold down and if you read the last portfolio update and think about VLG vs the others in there you can see why.

How quickly can VLG pass on price increases and not see a demand drop?
Pricing power, good luck.

The SP is telling you something. Deny it all you like but don't say you didn't have an inkling. There are always reasons.

I'm expecting more bad news and that the decks are not 100% cleared yet. The spread on revenue forecast is too wide and means their confidence isn't high and they are operating fery open loop.

Find out in the next month or two what else. These events come in clusters.

For those not scared to read comments not from a Polly-Anna........
WRITE-DOWN. A noticeable event incoming.

"........allow for a review of the carrying value of the assets related to the body armor business and the additional audit work arising from this post balance sheet event."

Don't look at the revenue hit (bad enough), future growth hit (very important), LOOK AT THE BALANCE SHEET HIT.

See 29th Jan 2021 release where respiratory demand is mentioned as part driven by the ongoing pandemic. Guess what, its coming to a conclusion so that part of demand growth is about to disappear too. Soon find out what the hit is and what real growth is going forward.

They've known the CFO was going since May 2020 and no replacement announced and the clock is ticking for an orderly han-over as Keveth is out the door soon. He's no idiot is he. Next man gets to clean up the mess.

These things come in 3's. Expect some other "event" before proper bottom.

They didn't even get their own insider purchases timed well. The same people that have overseen delayed orders, didn't see leadtime issues, a share price collapse from about £43 to about £9 in just under a year, testing failures after spending a considerable amount, CFO had enough and exiting and no replacement yet, etc.

Expect a 3rd issue to hit around the time there is total transparency on the cost of the body armour debacle.

At least re-org costs and a good will impairment?
Possible costs if they can't meet contractual obligations?
Expected growth shot to pieces?

Re-audit leading to results delays.

I'm negative as I can't stand incompetent management. They are paid to make sure catalogues of serial errors don't occur.

What if it doesn't?
The surprising thing is there was little sign of short covering at the end of Friday and a good shorter sitting on 30%-50% gain in a day is unlikely to leave it open in case of positive press comment Sat/Sun.

Either there was covering easily met by a massive excess of stock so no bounce, or little shorting or left open over the weekend (unlikely).

The holding RNS'S will illuminate who had enough sense to hit the exit early rather than waiting years for a recovery. Not to forget some who were slow will exit for tax purposes before April so a good chance of further downward pressure if it does bounce temporarily as no way isthis recovering before April imho.

Barki g up the wrong tree mate, I'm not short, here to watch when the faux bottom drops further. Notice there was no relief at the end of the Friday session.

Will be interesting to see the wall of buying Monday only to find the buyers sitting on losses shortly after or having to reverse position.

MM's can't wait.