East Imperial Share Discussion Threads

[gipps] 22/2/2024 11:15

Have i worked this out right that in New Zealand their home teritory they only sold 44000 cases at £12.11 a case ?

[seagreen] 22/2/2024 10:40

Or a revolving debt facility suported by cash flow predictions will be a sign of real progress that the company is moving towards profitability

[sooty snipes] 22/2/2024 10:39

Ongoing discussions with potential debt funders to provide additional working capital to help support ongoing expansion
=================================
Fact is they are running out of money and fast. Far too risky an investment for me. That coupled with the leaky sells before the last RNS fund raise tells me the management aren't to be trusted. Hope it works out for you investors but I can't see these surviving

[seagreen] 22/2/2024 10:16

If we get another convertible at 1p it will react pretty dam quickly

[seagreen] 22/2/2024 10:15

Agreed 8-)

[davethechef] 22/2/2024 09:29

Picked a few more up at the bid, at the time.
As expected I guess after earlier updates. Funding will come, not sure what terms but enough to get through to break-even I guess.
Certainly picking up good venues almost daily, mainly on California. Big Hotel in San Diego mentioned last few hours, on X. N.Z doing well.
General recovery in motion.
Certainly last first part of year, hold-ups should've been reported earlier & disappointing.
Most of those trades in red are buys.
This year has to be better & no more major f##k ups!
Such a low base now SP
Just possible 5 bagger in a year, 10 bagger in 2 years I'll go for, if the U S really impresses!

Shoukd

[papillon] 20/2/2024 19:51

👍 well done on selling some SALT and making money in the process, DaveTheChef.
I wish you lots of luck long term with both EISB & SALT. I suspect you will need it. Unfortunately neither are for me! Even if both companies end up being successful, which I somehow doubt, I will have kicked the bucket long before then!

[davethechef] 20/2/2024 19:16

Still here Paps; always long term investment here, obviously disappointed at recent falls but not given up here; sold some SALT at 116.25p Friday, possibly looking at topping up here soonish. Ignore the pessimists out for their own agenda

[papillon] 20/2/2024 16:08

Down again. Where are davethechef and andyview?
I see that davethechef has now fallen in love with another over-hyped minnow: SALT.

[papillon] 14/2/2024 19:22

free stock charts from uk.advfn.com


EISB log chart showing EMA's and 14 day RSI.
Basically this chart has been Strongly Bearish almost since EISB IPO'd. There was a potentially bullish Cup & Handle pattern formed on this chart back in early September 2023. A possible log chart target share price from this pattern was 4.5p to 5p. However this possible target share price was never approached and the EISB chart stayed Strongly Bearish.
The 14 day RSI is oversold so a dead cat bounce is always possible, but when and from what sp? It's definitely not guaranteed.

[sooty snipes] 13/2/2024 08:31

Dribble out a bit of good news before the next fundraise that's just around the corner

[papillon] 08/2/2024 16:13

It's not only a more "romantic strategy", The Imperialist, it's also a far cheaper strategy.

[papillon] 08/2/2024 16:03

Targeting the "mass market" costs money, Mr Pierrepoint and EISB haven't got much, if any, money!

[the imperialist] 08/2/2024 14:28

They prefer to follow the more romantic strategy of selling a handful of cases per year into geographically fragmented buyers.

[papillon] 08/2/2024 14:13

Marketing costs money, Mr Pierrepoint. More often than not ambitious minnows have to supply their products at a loss making price in order to do deals with far larger customers. I know this from experience having worked in industry most of my working life.

[mr pierrepoint] 08/2/2024 11:53

Is EISB about to switch strategy and go mass market? Risky? Last throw of the dice? Plenty of large chains in the US.

[papillon] 07/2/2024 22:31

free stock charts from uk.advfn.com


Gambling on shares is very dangerous. I've stopped doing it. The 14 RSI is very oversold so a bounce is always possible. However shares can remain oversold for a long time; sometimes until they are suspended, or worse.
I don't pretend to be Nostradamus so I won't be making any predictions.