What’s your big gamble?
Discussion
500 Miles said:
Hello,
I had the same concern and did two things....
1) A very unscientific review of 16 people who I know that use the ST product - 13 of which were overwhelmingly positive, 1 didn’t like it due to the smell (interestingly that seemed to be one of the reasons why people did like it), 2 didn’t like the results. Obviously not statistically relevant but have some confidence.
2) I raised it with the chairman - the analysis (don’t chuck me off this thread please) I did showed that 12 months back about 80% of the complaints were about the product and 20% were about customer service - in the last few months it looks more like 90% were complaining about customer service (primarily delivery). The pandemic definitely seemed to cause delivery issues and I think they could have done more to communicate with the clients around that. I know they have recently changed out their back end systems and are working with their delivery suppliers. I think more can be done to give next day delivery of the product - otherwise they are competing against there suppliers.
I have ordered multiple of their products to see how the service works (honest, that’s why) and whilst delivery was relatively quick the communications were slightly out - eg. Received notice of when it would be delivered the day after it was.
I’m pulling a pack together with a few ideas on the company, if any shareholders wants to contribute to it please drop me a message.
When I looked into the volume of web searches surrounding their product range, it was good to see that they were increasing quite significantly during lock down.
I had another call with their chairman yesterday and whilst we didn’t discuss any market sensitive information, I left thinking that I would continue to increase my stake.
Obviously we have now veered away from the ethos of this thread, I’ll now attempt to regain my composure by channelling inner LSE..
“Last chance to buy in the 60’s, the share price is going to go to the moon!”.
Amazing job 500!I had the same concern and did two things....
1) A very unscientific review of 16 people who I know that use the ST product - 13 of which were overwhelmingly positive, 1 didn’t like it due to the smell (interestingly that seemed to be one of the reasons why people did like it), 2 didn’t like the results. Obviously not statistically relevant but have some confidence.
2) I raised it with the chairman - the analysis (don’t chuck me off this thread please) I did showed that 12 months back about 80% of the complaints were about the product and 20% were about customer service - in the last few months it looks more like 90% were complaining about customer service (primarily delivery). The pandemic definitely seemed to cause delivery issues and I think they could have done more to communicate with the clients around that. I know they have recently changed out their back end systems and are working with their delivery suppliers. I think more can be done to give next day delivery of the product - otherwise they are competing against there suppliers.
I have ordered multiple of their products to see how the service works (honest, that’s why) and whilst delivery was relatively quick the communications were slightly out - eg. Received notice of when it would be delivered the day after it was.
I’m pulling a pack together with a few ideas on the company, if any shareholders wants to contribute to it please drop me a message.
When I looked into the volume of web searches surrounding their product range, it was good to see that they were increasing quite significantly during lock down.
I had another call with their chairman yesterday and whilst we didn’t discuss any market sensitive information, I left thinking that I would continue to increase my stake.
Obviously we have now veered away from the ethos of this thread, I’ll now attempt to regain my composure by channelling inner LSE..
“Last chance to buy in the 60’s, the share price is going to go to the moon!”.
Although i am curious whether your conversations with the chairman have yet gone like this
Chair - "So how come you first started building a stake in our company?"
500 Miles - "So i was reading a thread on a car forum about big share gambles..."
Chair - "Are we a joke to you!?"
500 Miles said:
Aiminghigh123 said:
I have gained 5% today!!!! I wasn’t going to do anything but tempted to sell and bank some profit.
Great result - been a while since we saw those types of gains. Anyone got Moderna? I don’t have any US stocks but read they had some positive results from vaccine testing.
Benbay001 said:
500 Miles said:
I had another call with their chairman yesterday ............
Amazing job 500!Although i am curious whether your conversations with the chairman have yet gone like this
Chair - "So how come you first started building a stake in our company?"
500 Miles - "So i
Chair - "Are we a joke to you!?"
yes, sell I said...." "Now Joe, you were saying...... "
S7GVC said:
Bit of a lurker on this thread, but have shared some of the pains on Babcock over recent weeks......but is the tide finally turning?
I think we're waiting for Pete Murphy to close out of his positions before we can expect a retrace 
Have the shorts reduced - https://www.shorttracker.co.uk/company/GB000969703...
Edited by Chris Type R on Wednesday 15th July 15:57
500 Miles said:
“Last chance to buy in the 60’s, the share price is going to go to the moon!”.
My plan to buy a 13 year old aston or audi R8 has stuttered as of late and could do with a nice bump
jinkster said:
Tempted with BOO
It may rise a little. Rumour of a RNS before trade in the morning. Frankly could go any which way until the next profit statement put out in Sept. I am keeping a close eye on it but currently I have a feeling it may dip below 210. Its been a good day on the market and yet it is still down 3% (ASOS up 3% on results).Gassing Station | Finance | Top of Page | What's New | My Stuff