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It is only ten and a half months since online furniture seller Made.com (MADE) listed on the Main Market, raising £100million by issuing new shares at 200p while existing shareholders lobbed out a cheeky £90 million of stock onto gullible institutions. Today, after a dismal profits warning, the shares are just 56p to sell. Meanwhile another rat has left the sinking ship as it burns through its ill gotten IPO gains ever more rapidly.

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NEWSFLOW

NEWSFLOW

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Hello Share Climbers. As this family is looking for a new gaff, we get to look at the way most folks furnish their rooms. We see very few older beds, wardrobes and chest of drawers that used to be widely inherited. Instead, nearly every house we view online has newish stuff. That’s good news for furniture designers and suppliers, like Made.com Group (MADE).

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Hello Share Dabblers. This old punter has never recommended a furniture purveyor before. My own modest gaff doesn't have much woodwork less than 100 years old and some of it is Elizabethan. The modern equivalent can't hold a candle to it, in my predjudiced view. But most of the world doesn't agree and plain, simple and chunky styles of new furniture seem to be selling well. Especially as Covid has kept more folks at home for longer. They've decided to pep up their living and bed rooms with newer-style furniture.

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