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Debt nearly 1billion USD,and only 200 more cars sold than previous year..Most cars are sold at a loss due to very high construction costs.Debt interest is payable at around 120million per year USD..What's to like??? Ferrari made a profit of 1 billion euros in 2023,but Aston Martin made a lost of one quarter billion USD.
Re Paradise wanted..
Small and mid size companies SP prices are determined by the market makers,rather than actual trading..They manipulate the situation as to whether they want more or less shares on their books.. Often in the morning you see an SP go up by 6% yet if you look at volume it might be less than 50..they are trying to stimulate buying,and then the SP settles back and you have a loss on your hands..They also stretch and narrow the buy/sell gap depending on their current needs etc etc..In effect you should never buy a share that has only one market maker,as they are the worst manipulators
Today's rise is not to do with yesterday's big news,but rather shorts having to buy back many shares as they were caught out by yesterday's announcements
Trading in small amounts it is relatively easy to buy and sell anonymously..
The disposal lowers the revenue by 20% but profit lowered by 40%..The shareholder returns are around 105p per share,but l predict the SP will go lower than that post cash return.due to lower profits and cash return..Not 100% sure this is a good deal..
The CEO has been a naughty boy,and been shown the door.
No buying after CMD because professional investors are not fully convinced in management ability to carry out what they claim..The shares will slide slowly downwards with no news to bolster the SP ... Probably end up in low to mid twenties and then drift sideways
This is going to slowly slide each day for a while,before stabilising with a lower SP...I thought the CEO claim of building a one billion pound turnover company was far fetched and lacking any details on how to achieve that goal..She just used broad sweeping criteria.
Revenue slowdown,means any growth is limited..The poor update means fair value for Rev is between 25/28p...They are starting from a low point so growth should be fast for this company..Most other beauty products companies have given upgrades in last few months..l would suggest management is second rate at present..
Excitement over 5% new holding by Norwegian company..They however have stated intention of investment only...Superdry cannot be taken over due to the founders massive holding in the company..The owner has said he is looking for a big capital investment for a stake in the company,this will not happen..It will end up being in a CVA with company shrinking to around half its size.