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Keyword results: Seraphine Group

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Seraphine – recommended offer by the robber barons of Mayfair Equity Partners, another London Stock Exchange covid-era disgrace

An announcement from maternity and nursing wear group Seraphine (BUMP) that its “independent directors are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by… a wholly-owned indirect subsidiary of funds managed by Mayfair Equity Partners LLP”. It states this including with that the 30p per share, £15.3 million, offer “represents a premium of approximately… 206 per cent to the closing price per Seraphine share of 9.8 pence on 19 January 2023”. However, the group only listed in July 2021… at 295p per share! And that was with a controlling shareholder… Mayfair Equity Partners!
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Seraphine – interims argue “Resilience against difficult economic backdrop”. Really?

Describing itself as an “international digitally led maternity and nursing wear brand”, Seraphine Group (BUMP) has announced results for its half-year ended 2nd October 2022 emphasising “Resilience against difficult economic backdrop”. How resilient?
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Seraphine – full-year results, not a trading warning AGAIN surely?!

Seraphine Group (BUMP) has announced results for its year ended 3rd April 2022 including that it “has continued to follow its purpose to be 'with mums for the journey', providing fashionable, affordable, sustainable and innovative clothing and products for expectant women and parents… Our innovative product range, international reach and strong underlying economics put us in a robust position to focus on returning the business to profitable growth”. So what of a current 27p share price?

Seraphine – further lack of investor confidence could be significant...

Previously writing on maternity and nursing wear group Seraphine (BUMP), earlier this month with the shares down towards 30p I remained bearish. The shares last closed at just above 29p but why are they currently a further approaching 7% lower just today?...

Seraphine – having listed less than a year ago, is ANOTHER profit warning really ‘demonstrating strong business model fundamentals’!?

Previously writing on maternity and nursing wear group Seraphine (BUMP), in February with the shares down towards 70p I noted having listed little more than 7 months ago… a lack-of-profits warning AGAIN! concluding that the deteriorating balance sheet and track record since listing meant it remains Bargepole. Now a “Year End Trading Update”...

Seraphine – having listed little more than 7 months ago… a lack-of-profits warning AGAIN!

Maternity and nursing wear group Seraphine (BUMP) has announced a trading update commencing that it “has experienced strong sales growth in the 17 weeks to 30th January 2022 of 45%” and including that it expects full-year adjusted EBITDA of circa £4.5 million. With adjusted EBITDA being manipulated bullshit earnings, that doesn’t sound a lot considering a start of day market cap of more than £100 million…

Seraphine – “CFO Appointment” announcement, what about the existing one then?...

CFO Appointment”-titled announcement from maternity and nursing wear group Seraphine (BUMP), stating it “is pleased to announce the appointment of Lee Williams as Chief Financial Officer… He will join the company in the first half of 2022”. So why’s it pleased and, having listed in July, is there not already a CFO?…

Seraphine – BUMP’s shareholders with a warning on trading…having only listed in July! IPO roll-call of shame...

“Trading Statement” announcement from Seraphine Group (BUMP), a maternity and nursing wear company which only listed on 16th July. Should be fine then, a mere just over 2 months since listing…

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