Member Info for AKGold

I have always believed anything less than 2 pounds is a steal. I am bit gutted the price is kept so low.

Cruising along, do we know what's moving the price.

Looks like there is not hurry to Publish the results.

I still believe in the fundamentals of the company, eagerly waiting to see how company have adopted to the COVID challenge . If they have gained a good no of online customers and sales are improving that would be a big relief.

GL All

I did notice that as well, would be good to see how the sports and casual wear is going with so many people working from home now.

Good find Razor as always. Hope the positive news starts flowing soon.

As per me this is way to undervalued, we almost of half of Mkt cap cash in Bank already. Not sure if this would Invite any Takeover offers.

Hope to see the results coming this week. That should give us more clarity on the direction forward and JD's plan.

Well Best is yet to come, we will have a good run in Sep. Hope to see highs of 2 Pounds

Sorry meant 70, Typo.

We should be easily around 2 pounds by now.

TED Bake is up by 11% today, we should be starting our march northwards soon

I think the price is driven down by the shorters, TED had a accounting scandal and other issues.
We have roughly 40 Million cash in bank after paying landlords, we have a facility from banks for 70 Million till 2022. Our products are much superior and we operate in 700 countries.

I am failing to understand on earth why we are stuck at mere 120-130 pence, after the stores re-opened we should be above 2 pounds. Come on SDRY.

They are cheap as hell, can't imagine since 2010 when they floated they have been at this price.

JD should buy the shares, the only reason that comes to my mind is that sensitive news floating and as a result he can't buy more shares and so other directors.

ASOS is up 7%, BOHOO is up and TED is up as well.
Not sure if most of the clothing retailers are UP, what's causing the price to drop for SDRY.

We will be in Sep from tomorrow, results are expected in next 2 weeks. It would be good to get a statement from management on the response.

Online sales I am looking forward to and addition of new lines for Autumn.

Well once the negative sentiment goes away the big price events for price move will be -

- Year end results - presents clarity
- Trading statement
- Autumn demand
- Online sales increase
- New product lines being added

plus more to come .. GL All .

I believe in next 6-12 months we should be easily around 4-5 pounds .

Thanks AK

Thanks mate, looks like the transformation plan still need to bear the fruit. Online sales should rise and can negate the impact of decreasing Store sales.

Let's wait for the result to see the no's.

I agree, they need to have better strategy for influencers surely Marketing needs to pick up and push the brand.

Hi Roharps,

Did the article talked about the 25 Million loss.. I am not sure how they would have calculated the loss for next year.

Results in September should set the path for the SP. I was hoping this to be around 2 pounds by Sep. Need to wait a bit longer.

Also JD would not have gone through the trouble of removing the board if he was not passionate .

He still has a lot of skin in the game. SDRY still have shops in 70 countries, their new online strategy is shaping up and showing some positive outcome.

We need to see how how Autumn turns out for trading, once we have results out for last year and a clear strategy moving forward. I believe brakes will be off.

GL All.

We were making around 60 Million in profits last year, also this was trading at 12-16 pounds for last 2-3 years.

I am happy activist are piling up they must see potential. Again I am in for the long game.

Thanks Atul

I don’t have access to the entire article.
I am thinking if he owns 18.5% he probably would be looking at ways to take it back to £ 5-6 level .

It would be interesting to see what year end results have for us .

Would welcome people views.

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