Esr 2022 Share Discussion Threads

[privileged] 03/9/2020 11:23

Still EBITDA loss though. But good update clearly selling well and building traction.One of the big manufacturers should have taken them out 6 months ago at these sort of prices, will have to pay a lot more now.

[gregpeck7] 03/9/2020 11:22

Have to say, that is a cracking update.. Nice to see this company recovering! I have an EVE mattress and its great!

[elliotset] 03/9/2020 11:20

Very good update

[boraki] 03/9/2020 11:09

You beat me to it someuwin.. :-)

[someuwin] 03/9/2020 11:08

...Excellent!

[someuwin] 03/9/2020 11:07

Eve Sleep plc: Trading statement
03/09/2020 11:02am
UK Regulatory (RNS & others)


Eve Sleep plc (EVE)
Eve Sleep plc: Trading statement

03-Sep-2020 / 11:02 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Trading update

Trading continues to be strong, uplift to full year expectations

eve Sleep ("eve", the "Company), the direct to consumer sleep wellness brand
operating in the UK, Ireland and France announces a trading update for the
eight months ended 31 August 2020.

As previously set-out in the trading update of 22 July 2020 trading was
strong in May and June and this momentum continued into early July. Since
then trading patterns have remained above the Board's expectations through
the rest of July and August. It is now clear that notwithstanding some
important trading periods in the coming four months, the Company is
on-course to exceed the Board's original expectations. The Board now expects
revenues of at least GBP22m, with a commensurate reduction in EBITDA losses
for the year ended 31 December 2020, and an improvement in the anticipated
year end net cash position.

The Company will provide additional detail with the release of its interim
results for the six months ended 30 June 2020, which are due to be published
on 15 September 2020.

Cheryl Calverley, CEO of eve Sleep commented:

"This guidance upgrade is evidence of our momentum and the success of our
rebuild strategy, against a backdrop of a consumer landscape shifting to
online and market trends in favour of homewares and sleep wellness. Whilst
economic uncertainty is likely to remain for some time, we are starting to
look beyond our rebuild strategy to the next stage of growth."

[danielinnes74] 02/9/2020 15:43

Good day for me between this and SRC.... if only I wasn’t underwater on the banks still.... sigh

[boraki] 02/9/2020 13:07

Sounds good to me

[danielinnes74] 02/9/2020 11:50

I’m top slicing half at 8p then it’s all a bonus.... fingers crossed and GLA

[ewanwhose] 02/9/2020 11:45

I think we're already in one!

[boraki] 02/9/2020 11:44

Looks like we are heading for a re-rate ,,,,

[jimbob999] 02/9/2020 11:07

Octopus investmentsNice.

[goodapple7] 02/9/2020 10:12

Octopus ???

[ewanwhose] 02/9/2020 09:40

I agree with Someuwin - I can't see how to put a target on this.We aren't yet profitable, but if we get there then 1M profit at a PE of 15 would arguably support the current marcap (even ignoring the cash pile). How many millions profit do you want to pencil in for next year or the year after?

[clocktower] 02/9/2020 09:06

HC - 10p and top slice is my call. Good luck.

[someuwin] 02/9/2020 08:28

No price target.

But results and update on current trading later this month could put a rocket under this.

[herb clark] 02/9/2020 08:25

Do you have a target price?

[someuwin] 02/9/2020 08:23

Peeps waking up to the amazing value offered here for this premium homeware brand with £9m cash.

[clocktower] 01/9/2020 17:22

Nice size trades and decent volume.

[clocktower] 01/9/2020 13:35

5p reached again but not before time. Nobody will be shorting this now.

[ewanwhose] 01/9/2020 12:38

That's looking like a solid but sensible breakout. DDDD and VAL also looking strong and even STAF off the floor.

[someuwin] 01/9/2020 08:44

Can get a buy quote for £1k. But not for £2k.

[someuwin] 28/8/2020 13:58

This is either going to re-rate much higher or its going to be taken over imo.

A direct competitor or other online retailer wanting to expand their range can get this premium brand plus £9m cash for peanuts.

(Of course a bidder would be wise to come in with a knockout offer to start with to avoid a bidding war)

[ilostthelot] 25/8/2020 11:15

Hopefully someuwin.
Chart Looks to be bullflagging again.

Another break higher to 5/6p next stop wihh high volume would be most welcomed.