Crazy quick bounce. Probably one of the fastest I've seen in a while. Nice for those in not so nice for those that gave up after last update |
I believe the manufacturing is moving from the UK base - Ashby-de-la-Zouch to Feltre ~Italy as part of their manufacturing streamlining and cost saving. I believe this will bounce back and there are alot of positive actions going on to get it there. I was just a bit early! |
They have four days to negotiate the breached covenant, the way this is going up suggests there is an agreement to buy some time. If the lender didn't play ball this outfit would go bust to repay the debt in full. So it'll be interesting to hear what has been agreed. I read somewhere they're relocating the UK business to Italy not sure how true that is but they made best part of 50% staff redundant in one UK office. Let's face it this business is sick but it could bounce back. |
Quite an interesting watch to see how the strength of the order book has changed here. For weeks you couldn't sell a bean, now someone is desperate for stock.
Has the finance been agreed? My hunch with the strength is we are about to get a positive finance update. Lets see. |
wealthoracle.co.uk/detailed-result-full/STAN/1256 |
wealthoracle.co.uk/detailed-result-full/VID/1257 |
Nicely done. Looks like you've managed your target and more. |
Sandy, 100%'s do not exist for individual listed stocks.
Probabilities, yes. |
Or today lol. Mad mover today. I did have a small dabble at 30 but my limit hit faster than expected at 39. Nicely done. |
Looking good at the moment anyway. |
Hope it works for you as I said :). You obviously know your onions. Good luck. |
I agree, but on this instance, I have a better understanding of the business environment, hence my decision to buy. |
Just do the fundraising already FFS! Utter basketcase. |
Can't ever be 100% sure in this game. I have learned that over confidence in this game leads to big losses. Do wish you luck though. I'm sure gamblers will join you soon . |
Just bought another 20k at 29.9p. I am 100% sure will recover to over 50p in the coming days. |
Below 30. As I said on twitter and pre open. Painful and was going to fall hard today. Was surprised they rose to 62 after open from 57. Strange but that's a usual game to trap a few. |
They need to refinance the loan and it will likely be at unfavourable terms. Be careful here. Might have a dead cat bounce but risk is higher at the moment. |
Bought 20k at 39p. Over reaction here imho. |
I was too. Thought I got it wrong. It will be by close. Trapped a few this morning. |
Defo one to watch but can't see an aggressive rebound yet as some of the larger IIs maybe forced sellers.One to watch |
Given the situation I think they are being very pro-active, if a little slow in communicating this! Yes this is a longer term play but at least there was nothing extra unexpected. |
Surprised this isn't down 25%+Maybe already priced in |
Good for a gamble perhaps after the dust is settled. Binary bet. |
Yes it does and it won't be pretty. |