Esr 2022 Share Discussion Threads

[sentiment riles] 13/12/2021 08:07

Wa% up 20%? Some selling for the lads

Watch them dump it on the gerbils all day ..

[david gruen] 13/12/2021 08:03

Embarrassing Riles. Truly embarrassing.

[sentiment riles] 13/12/2021 08:02

Buyer's of the morning gap, joining gerbils for the pit

[clocktower] 13/12/2021 07:59

Those larger late buys on Friday now look more like inside knowledge that such a strong positive trading statement was to be released today but to be fair is what was expected from EVE.

That graph looks about right DC.

So the former cash guidance will have been achieved and maybe exceeded, and it is only weeks away to get another update.

My fingers will be on the buy button again. Good Luck those that rode the storm.

[david gruen] 13/12/2021 07:58

Will checkout your veiled sugar-coated ramp IDP. :-)

[gregpeck7] 13/12/2021 07:57

Eve and IDP looking very undervalued with a lot of progress noted.

[david gruen] 13/12/2021 07:38

I'll put my neck on the line with a pre-market near-term prediction. Not an after the fact repaint of previous price action, like so may Twitter heroes.

Just my view:

[david gruen] 13/12/2021 07:26

Thinking about it, that's a screaming buy recommendation from the perma-bear.

[david gruen] 13/12/2021 07:22

Trading update

Healthy Black Friday and initial Christmas trading, supply chains solid, in-line with full year expectations

eve Sleep ("eve", the "Company"), the direct to consumer sleep wellness brand operating in the UK, Ireland (together "UK&I") and France announces a trading update following the important Black Friday month trading period and ahead of its 31 December year end.

The benefits from the Company's completed rebuild strategy continue to come through, with eve on-course to deliver a second consecutive year of revenue growth, in-line with market expectations. Notwithstanding strong November comparatives in the UK, eve's UK e-commerce channel achieved sales order growth in the Black Friday month of 4% year-on-year and 64% when compared to the pre-covid 2019 comparative period. The bedroom furniture category in particular posted strong sales growth in November, up 14% year-on-year, and represented a pleasing 7% of the overall sales mix during this period. Within mattresses, hybrid mattresses remain the outstanding performer, with eve's high performing original and premium hybrid mattresses taking over 70% of the mattress sales share. The new sleep away range performed far ahead of management's expectations, with over GBP50,000 in sales during the month as people prepare for their first Christmas guests in two years.

Although currently small in terms of the overall Company, Ireland achieved one of its highest sales months ever in November, delivering 90% growth year-on-year and 480% against 2019 comparatives, reflecting increased focus, market experience and marketing investment. The French market remains soft however, with strength in eve's store based partnership with Olivier Desforges, which reported its highest sales month to date, more than offset by industry wide weakness in e-commerce channels. Generally, in France November and Black Friday is of lesser significance in terms of trading importance compared with some other territories.

eve's supply chain has held up well, supported by careful planning and strong relationships with European suppliers and delivery partners, as well as the focus on mattress manufacturing with third party providers in the UK and Belgium. To further ease the pressures on the supply chain and courier partners, whilst maintaining high levels of customer satisfaction, the Company ensured that it offered its Black Friday promotions (of varying levels) over a greater proportion of the month, whilst also holding higher stock levels of core products going into this peak trading period.

The Company plans to publish a more comprehensive trading update covering the whole year in January 2022.

Cheryl Calverley, CEO of eve Sleep commented:

"Following a strong Black Friday trading period and positive signs for Christmas, eve is on-course for a second consecutive year of revenue growth, demonstrating that our recovery is both sustainable and built on strong foundations. Our initial brand expansion beyond mattresses into bedframes is beginning to make a material contribution to revenue, and our wider ranges have continued to expand, further cementing our position as a sleep wellness brand, with recent additions including a non-alcoholic plant based three spirit nightcap drink, the gingko baton low glow night light and a range of CBD oils. I'm so very proud of this team, and the incredible way they work with partners, suppliers and each other to overcome the many and varied supply chain and operational challenges that COVID and Brexit has brought, ensuring that customers can continue to order with confidence.

We are looking forward to 2022 with quite some eagerness and feel confident in delivering a third consecutive year of significant progress."

[david gruen] 13/12/2021 07:21

That response from Terminator is very positive indeed. Looks like we might bounce of that upward trendline.

[terminator101] 13/12/2021 07:17

In line with market expectations. Soft in France. Directors failing to say anything about getting into actual profitMight be enough fluff in there to keep existing holders quiet, but not really the sort of update that's going to attract the hot money in IMO.

[sentiment riles] 12/12/2021 22:30

Little to nothing stopping 1p and probably by Xmas . New year for sure imo

[sentiment riles] 12/12/2021 22:27

Anyone seriously buying this now?

Nuts

[gotterdammerung] 12/12/2021 21:07

Sleeping Giant!!??

[fxl5] 10/12/2021 19:36

Think this has fallen off radar somewhat - last set of numbers were very good, enough cash in bank and heading to profitability, looming trading statement should confirm this,very undervalued imo.

[from russia with love] 10/12/2021 16:47

Big late trades, directors buying again ahead of trading update perhaps. Looks interesting at current price.

[david gruen] 10/12/2021 16:13

I reckon we'll see activity once the market gets wind of a positive trading update. I don't think we'll need to wait until March 16th.

[clocktower] 10/12/2021 16:05

DC - not looking brilliant but lets hope you get a Santa Rally to make your Christmas.

Fair bit of support though today again to be fair.

Have a good weekend.

[clocktower] 10/12/2021 12:18

DC - I was tempted to head the new thread with the phrase EVE use to advertise - "Rise and Shine" but then I thought it must be seen as an thread that both positive posters and supports of the company can post but also a thread for those that hold a negative view or are just trying to manipulate some small private investors to buying or selling. Though those days are well and truly gone imo.

Then I thought about the skirmishes that take place during a rut to establish who rules and gets to cover the ewes - much like the verbal battles that take place on many of these discussion boards.

It might be crunch time and if EVE issued a positive RNS on Monday or very soon after, which is on the cards maybe, I agree the direction could change in a flash but I would like to see an increasing amount of support before committing once again, even though I am of the firm belief that this share is very undervalued, in view they had so much cash and forecast little change,even though they expected to increase marketing in France, as you pointed out in a post very recently.

Several items are still out of stock, which suggests sales have been buoyant.

So good luck with this and I hope your average is not nearer the former peaks, as you said you have been adding yesterday.

[david gruen] 10/12/2021 11:39

It's getting close to crunch time CT :-)

[clocktower] 10/12/2021 08:24

Although one MM has dropped the bid it is all buys bar one at a higher level than yesterday’s last buy.

So it could be breaking or making time as was suggested by the chartist yesterday.