Likewise Share Discussion Threads

[william127] 11/1/2022 11:31

I think it is because they allowed more shares than originally allocated due to being so heavily oversubscribed. Most investors here would be smaller, upped the limit on purchase of excess shares expecting to be cut back knowing it would be oversubscribed then getting all that they asked for? Just my thoughts. Good take up by Directors

[konkel] 10/1/2022 13:54

Scratching my head a bit here...offer 3x oversubscibed and shares down 13%
Perhaps first day that Placees can sell so just a bit of stock around?

[rudder] 24/10/2021 08:13

Don’t watch it for too long. Likewise has got all the makings of a very successful business.

[toptomcat] 11/10/2021 15:40

This got picked up in positive light over the weekend by SCSW. With organic growth expected over the next few years profits quickly drop to bottom line. One to watch.

[toptomcat] 07/10/2021 08:16

Steve Wilson CEO at Headlam stepped down today. Wonder where he will end up next

[rudder] 05/10/2021 09:02

Getting a kicking at the moment. Not surprising after that rise off 25p.

[toptomcat] 28/9/2021 07:20

Very nice set of maiden results and intent to pay a dividend added plus

[bda3490] 27/9/2021 20:40

Update tomorrow
Given the price move I’d guess they have the cure for cancer. But more likely they will have some positive stuff ( not profit) and it will be a really big future!

[toptomcat] 23/9/2021 17:26

Yep, I like the story! Hoping for good results on Tuesday and nicely invested here

[rudder] 23/9/2021 07:41

Reporting Tuesday.

[william127] 22/9/2021 21:16

I saw the Likewise team in Harrogate at the Flooring Show this week. Very impressive display. Topped up again.

[rudder] 22/9/2021 19:10

This is a rare opportunity to get in at the start of what promises to be a very successful company. Headlam will be watching these guys for sure.

[carpetman1] 10/9/2021 21:24

Likewise is struggling with stock and can’t get stock out, the company is struggling to get contacts to supply shops

[boozey] 02/9/2021 14:02

I note that Interactive Investor have updated their results page today for Likewise and now say it is 7th September - but still say it is unconfirmed....

[boozey] 31/8/2021 15:55

Castleford, your comments are very re-assuring especially as you are a very credible poster. I invested because of their industry and business model, and read the prospectus. Fingers crossed.

[2breakout] 31/8/2021 12:36

Bought some today. Did try to buy on the opening day yet neither AJBell or Barclays was ready to go. Ends up costing the PI more as usual but looking at the co website lots of experience at this company so expecting good things.

[castleford tiger] 31/8/2021 11:38

Boozey...........Dont know how to add charts!!

My best man sold his carpet business to Headlam and understands whats going on here.
He alerted me and says the team he has built is very strong

tiger

[boozey] 31/8/2021 09:45

Well Interactive Investor had results as today - but they clearly are not!

[boozey] 28/8/2021 00:01

I also took an opening day position here but still had to pay 31p. But it was a long-term play.

Castleford thanks for setting up the thread and good to see you here. Could you add the charts please?

Results Tuesday I believe,

[tole] 26/8/2021 19:13

Thanks for setting up a thread. I took a starter on opening day fwiw. Prompted by a comment in the latest scsw edition so perhaps more coverage to come in due course.https://www.thisismoney.co.uk/money/markets/article-9894053/Carpet-firm-Likewise-Group-roll-50m-float.htmlAmbitious carpet and flooring supplier Likewise Group listing AIM with plan to triple salesBy Neil CravenAmbitious carpet and flooring supplier Likewise Group will this week list on AIM with a plan to triple sales. The firm has agreed to raise £10million from investors, valuing it at £50 million, to fund growth and distribution centres across the UK. Likewise is run by Tony Brewer, who for 16 years ran flooring supply giant Headlam, which has a current market value of £436million. Likewise supplies independent retailers in the highly fragmented market, which is still dominated by 7,000 or so small, family-run operations. Brewer said Likewise planned to grow its share of the £2billion-a-year market from 3 per cent to 10 per cent – equivalent to sales of about £200 million a year. He said independents often sell and fit carpets and still thrive in a market where advice and understanding the technical specifications of products help customers decide which to buy.'There's little or no barrier to setting up [a shop] in this market and with our help it can be made very easy,' he said.Brewer has attracted several other former Headlam employees to work for him, including his finance director and commercial director. The sale of shares dilutes his family stake in the business to about 25 per cent.

[castleford tiger] 26/8/2021 15:10

Could be a very interesting ride.

tiger!!