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May see Or have seen an intraday drop Below this but if it can hold here it is positive
Not good close
Just getting battered on the ASOS read through.
The market is a fickle mistress at the moment.
People are going nuts but good for us (those who are buying Ted)
As per Yougov survey in Q2 2021 TedBaker is no 2 in The Most Popular Luxury Brands (Q2 2021) ahead of everyone except Rolex in UK.
It is No 13 most famous luxury brand ahead of likes of Burberry, Louis Vuitton, Chanel .
The company's sale have gone down (because of Covid) The brand is still pretty strong and with no debt i think the the share price should be at least 1400 P if not more.
No Brainer. its just I have run out of money to buy any more!!!!!!
https://yougov.co.uk/ratings/consumer/popularity/luxury-brands/all
Great find and Ted Baker is still an iconic brand and I am
Just astounded the valuation is down here again.
Tiny tiny volume has brought it down on very small sells to me this drop looks heavily manipulated.
Summer is here and the high street is back exciting times if you average sub 1.75
It does feel like there is an agenda here by someone on the SP being dropped for like small vol all I can think is someone trying to load up cheaply n bid
Look at the sector - its all drifting to the downside right now.
If you read through the ASOS statement from yesterday, the last 3 weeks have been soft (possibly due to DELTA variant worries) and there are supply chain issues for stock out there. That probably isn't a unique problem for ASOS as many other sectors are struggling with materials and finished goods. It's just by product of the severe strain the Pandemic has inflicted on Global Business.
TED is a fantastic brand, and at this level I think they look vulnerable - as do many other brands out there.
Yep BOO has had a large drop as well.