Esr 2022 Share Discussion Threads

[hotrocketshares] 05/3/2021 15:02

Talks of a new merger deal that failed last year back on with Simba, which could value Eve Sleep between £30-35m

[gregpeck7] 01/3/2021 12:56

Well results are 18th March..

CBD tie up is now on SANA website with EVE as partner so its pretty clear its true!

[anti corruption] 01/3/2021 11:40

So you admit the CBD tie up is true?

[glavey] 01/3/2021 11:31

Will be? When will be?

[gregpeck7] 01/3/2021 10:35

Cash will be between 6 and 8 million depending on taxes paid.

[shirley83] 01/3/2021 09:09

15p on its way

[anti corruption] 01/3/2021 08:58

How much cash is left?Do some research pal I wonder what the cash balance will be at the next trading update due shortly.

[glavey] 01/3/2021 08:40

"Eve in John Lewis?"

Just Atticus enjoying the CBD effect!

[anti corruption] 01/3/2021 08:27

The CBD link has been confirmed. Await the results.

[ewanwhose] 01/3/2021 07:27

Eve in John Lewis? I think you're getting confused with Emma.

[middlesboroughfc] 01/3/2021 07:18

How much cash is left? Will it be enough for them to launch cannabis coated mattresses?

[glavey] 01/3/2021 06:56

Smokin' Yeah!

[glavey] 01/3/2021 06:43

A hint of desperation there, Atticus. That won't help you win the case.

[gregpeck7] 28/2/2021 20:57

Also you may want to check #eve on Twitter as it's errr on fire. This is going up tomorrow.

[gregpeck7] 28/2/2021 20:56

They can go to John Lewis and buy an eve one like you suggest. I am sleeping on one and they are brilliant. And in case you missed it. Eve won the which award for best matters you idiot.

[gregpeck7] 28/2/2021 20:55

Twitter on fire is all I will say. #eve this flys tomorrow.

[letmepass] 28/2/2021 20:48

Remember that its moving into the cannabis market.

[gregpeck7] 28/2/2021 19:12

Agree. Heavy buying coming. This is simply way too cheap. It's ridiculous and it cannot last.

[football500] 28/2/2021 12:02

Another shorter I see. Please ignore them. Stick to the facts - NO debt. £9m cash in bank. £25m of annual sales. Now moving into profitability for the first time. Diversifying out of the congested mattresses space. £15m market cap. £6m enterprise value after cash extracted. This moves higher from here as results released two weeks on Fri. Best of luck all and make sure you do your own research.

[glavey] 28/2/2021 03:30

"looks to me like a breakout is about to occur"

Ahh, that'll be the bedbugs.

[glavey] 28/2/2021 03:24

When the shops re-open those in need will be able to try and buy a decent mattress and put a spring back into their lives rather than being boxed in.

[football500] 27/2/2021 18:37

I agree with the analysis. Its held very well at these levels and will now push higher to test recent closing highs. A very exciting time ahead these next couple of weeks. Good luck all.

[gregpeck7] 27/2/2021 16:17

Looking at the chart it looks to me like a breakout is about to occur. The top of the rising channel has now become support (before it was resistance) . I cannot be sure how long till the next move up, personally I think next week - but I am quite likely to be wrong potentially, but the chart does not usually lie. A move higher from here I see going to the 8 - 10p range. Which will start a new wave. Although this area is sticky, I think 6 / 7p wont be... Next week could be very very interesting. I intend to add a small amount more.

[gregpeck7] 27/2/2021 16:16

Looking at the chart it looks to me like a breakout is about to occur. The top of the rising channel has now become support (before it was resistance) . I cannot be sure how long till the next move up, personally I think next week - but I am quite likely to be wrong potentially, but the chart does not usually lie. A move higher from here I see going to the 8 - 10p range. Which will start a new wave. Although this area is sticky, I think 6 / 7p wont be... Next week could be very very interesting. I intend to add a small amount more.

[football500] 25/2/2021 19:09

LemonLynn 'AKA Chickendinner1' is back I see. He is looking to try and bring the price of the stock down presumably as he has a short position. All he can come up with is 'this is broken business model - pump and dump etc etc' Please ignore him. Just focus on the facts - this is a business with almost £9m of cash in the bank. no debt. strong growth. just about to move into profitability for the first time (we'll hear more about this when we get a trading update as part of the FY 2020 results on Mar 18th). a great management team led by Cheryl C and Paul P. The market cap is just £15m (therefore enterprise value of just £6m when you extract the cash).

There is clearly some risk here given the mattress space is very competitive and Eve will need to diversify which is what they're currently doing (beds, pillows, bedroom furniture, an Xmas gifting range in Boots, a CBD launch in Boots / direct to customer on the website in Q2 etc).

The business is right on track in my view. I see the share price moving up to test recent highs (9.5p) post the announcement on March 18th and then steadily growing from there as we deliver FY profits for the first time this year. Assuming even modest profits of £3-4m, with no debt and £12-13m in the bank this would be valued at more like £40-50m with an share price of 15-20p.

Please do your own research!!