Parsley Box Share Discussion Threads

[tomboyb] 01/10/2021 16:16

since the listing predominant buys -

Clearly no where near the 12mill sold on listing -

[penciles2] 01/10/2021 16:14

Must be large sell order

[tomboyb] 01/10/2021 16:11

Yes I think they sold £12million worth of shares at 200p -

[average down mug] 01/10/2021 16:11

☝️€562;🍑㈐8;💦💩🥄😋👌

[the big fella] 01/10/2021 15:56

Anyone for Sticky Toffee Pudding?

[the big fella] 01/10/2021 15:55

They are hardly likely to do that given they dumped as many as they could when it floated.

[average down mug] 01/10/2021 15:07

Maybe the directors should buy back absolutely shocking.

[average down mug] 01/10/2021 13:21

🍽🪰💩🪰8523;👌

[average down mug] 01/10/2021 13:20

💩🥄😋

[fidra] 30/9/2021 10:49

The big no no for me was the shares being sold by the shareholders in the placing.

Further to that the price was astronomical for the company placing to start with.

So agree with what has been said here.

And yes wish I was a shorter!

[74tom] 30/9/2021 09:31

"What is particularly interesting to note is that every single employee that held shares is selling them in the IPO - see pages 134-136. Senior management are also cashing in as far as they appear able to.

This appears to be primed for someone (not me) to short."

Wish I'd followed my instincts here, this has been a truly shocking first 6 months of an IPO, quite possibly unparalleled?

[74tom] 07/9/2021 08:36

I honestly have no idea rathkum, however it can't be the operating metrics based on those results.

Operating cash burn in the 6 months to 30/06 was £4.57m, cash remaining on the balance sheet of just £6.52m, so based on that burn rate they've got cash for about 9 months...

What is truly shocking is that they spent £4.85m on marketing and delivered a 'contribution margin' of just £4.1m. In the prior period they spent £2.4m on marketing and delivered a 'contribution margin' of £2.9m... so a net increase of £2.45m in marketing spend delivered an increase of just £1.2m in what is effectively their gross profit...

G&A also more than doubled in the period...

The CEO then has the nerve to say; "This has been a highly rewarding period for the company" , this is well on the way to being the worst IPO I've ever seen

[rathkum] 20/7/2021 12:13

What is it that tempts institution to invest in these zombie companies.

[escapetohome] 19/7/2021 09:43

Excellent comments 74Tom. You have been 100% spot on in your assessment of this company.

Stay clear seems to be the message.

[zingerburger] 24/5/2021 07:51

lol

Going to 50p then 0p

[imjustdandy] 03/4/2021 11:07

Future growth will come from 3 new products. One of them being sick bags.

[74tom] 02/4/2021 22:01

Thanks for posting the video, that food looks horrific. I can see why they have been able to flog a lot of their meals to older people during the pandemic, with the amount of fear amongst the elderly in even going to a supermarket. A captive market.

Once their customers taste real food again I doubt they’re going to be reordering from Parsley in a hurry. Airline meals on wheels, why would you want to own shares here?!

[imjustdandy] 02/4/2021 17:33

Management done well to offload most of their shares at the IPO. This is going nowhere fast.

[death by donut] 01/4/2021 15:08

Soz it starts in the middle , I'm no good with tech stuff .DbD :-)