322 replies to this topic

[Trader1]

Superb interview by the new CEO of Ellies Holdings.

Anyone cutting their losses?

 

Analyst Anthony Clark is furious - he has a personal stake but suggest they've messed up big time....

[Magnet]

Superb interview by the new CEO of Ellies Holdings.

[Magnet]

6 share trade.

 

Is this lift off?

 

Double or Bust at the moment this share.

[Magnet]

How do you know this? I'm sending insider information?lol

 

Thats not inside info mate - just on the company mailing list. 

 

No idea if he has something positive or negative to say but an interview is good in my books as he is confident enough to be in front of cam.

[Trader1]

How do you know this? I'm sensing insider information?lol

Edited by Trader1, 02 August 2019 - 01:04 PM.

[Magnet]

Share doesn't seem to have been suspended.

Anyone wanting to cut their losses?

 

 

CEO will be interviewed on BDLive (Channel 412) at 18:15 on Monday.   So assume that the results will be released on Monday!  Looking forward to what he has to say! 

[Trader1]

Share doesn't seem to have been suspended.

Anyone wanting to cut their losses?

[Magnet]

Results were late last time round as well.  Dont think it is anything to be concerned about.  I am sure it will be released on Monday

 

 

No one ever said this was not high risk.  At a 60m market cap any slight upside can see this double or tripple in a day.

[Magnet]

Final nail in the coffin me thinks....

Put away in the bottom draw & write it off....

Any upside will be a surprise rather than a risk/reward trade.

 

A market cap of R68mil....Safer to buy an apartment in Clifton..

 

Results were late last time round as well.  Dont think it is anything to be concerned about.  I am sure it will be released on Monday

[soutie]

Final nail in the coffin me thinks....

Put away in the bottom draw & write it off....

Any upside will be a surprise rather than a risk/reward trade.

 

A market cap of R68mil....Safer to buy an apartment in Clifton..

[Shi]

I assume the share will be suspended till Monday then (3 month limit for results)

[Magnet]

New trading statement out with better results albeit still a loss per share.

HLPS forecast change from 3c-4.5c to 2.6-3.2c.

Financials now due to be released on the 5th August...

[Magnet]

9c lowest price since listing

 

Yep on less than R5000 trade.  We wont get a true reflection of the price until the volumes increase.  

 

Looking forward to the annual results today (hopefully).  I am sure the new CEO will be quite upbeat with things to come.  Hopefully some large management buys as well when the closed period ends today.

[Trader1]

9c lowest price since listing

[Magnet]

Surprised sellers dried up at 11c. only 170k avail now

[Magnet]

Soutie if you are correct then the first sign I would be looking for is management buys after the closed period ends next week, when the results are released.

If there really is a major turn around looming they will be kicking their lips at the opportunity to get in at 10c...

Edited by Magnet, 24 July 2019 - 06:04 PM.

[soutie]

Agree totally with comments Re: Management. However an acquisition I f%ckin' hope not....!

They don't have any free cash to buy paper to correspond with or for the details of a deal to be written on...!

Can you imagine the dilution @ 10c/share...    

TNAV will be reset & set top boxes will be written off completely I hope. Then there's very little downside to come & plenty potential upside available.

Steady the ship up the ante on communicating the new strategic targeted turn-around.

No news flow & this will be sub 10c in no time...

[Magnet]

This is an example of a Big Bath. New Management is getting all bad news out so future earnings will make them look great.
They even took out the profit that raised interim result earnings

 

Exactly.  Sounds like they put considerable effort into making that trading statement sound bad.  Watch them sort out the top box inventory, fund an acquisition and build on the solar and lighting business. think we are at the bottom now.  Hopefully!

[Trader1]

This is an example of a Big Bath. New Management is getting all bad news out so future earnings will make them look great.
They even took out the profit that raised interim result earnings

[Magnet]

The decline is mainly attributable to:-
- a marginal decline in revenue compared to the 2018 fiscal year;
- new management re-assessing the saleability of inventory

 

Thankfully they addressing the set top box issue. 

ALL doom & gloom till results at month end.

 

 

Yeah would love to know the result of those assessments!