Wednesday 23 January 2019 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Eagle Eye Solutions – “delighted” on H1 & growth expected to continue into H2… but what about that cash burn?
I told you that Metro Bank was dodgy...and that you shouldn't underestimate Burberry's Chinese chavs!
In September, previously writing on Footasylum (FOOT) it was our warnings prove sage as now tripping up badly. Today a “Trading Statement”…
Footasylum (FOOT) IPO’d on AIM in November at 164p, with CEO Clare Nesbitt stating we “look forward to delivering the significant potential that we see for Footasylum as a quoted business” and “are delighted that our product-led, multi-channel expansion strategy has resonated so strongly with investors”. I though questioned on competition and disposable income challenges, and concluded that the valuation looked too rich. There then followed deviation from the IPO expectations and now a “Trading Statement” update…
Footasylum (FOOT) is “pleased to report a strong performance for the financial year, our first as a quoted company following our successful IPO last November… The board was delighted with the support we received for the IPO”. I doubt shareholders are pleased or delighted though – shares in this 164p per share IPO, currently trading well below 100p following a dramatic slump on the “pleased to report” results!...
I reviewed Footasylum (FOOT) on its November AIM listing being followed with a director buy announcement, concluding cautiously with the shares then at 209.5p. They would go on to commence 2018 at more than 250p, but are currently back to just over 200p…
Having listed on AIM yesterday with a 164p per share placing, Footasylum (FOOT) has today announced non-executive director Stephen Robertson has purchased 11,933 shares at 209.5p each. Great, this price must still be value then? Er…
Search ShareProphets |
Recent Comments |