Member Info for AKGold

Not able to locate the dates, but I am hoping it should be some time in Sep.

Guys Hindsight is a beautiful thing. Wait for the results.

I still believe we should do very good in Medium to long period. I agree it's disappointing to see price drift but believe me it will be short lived. We have massive potential.

Good point, I bet al things are lined up to start the March northwards.

Also Gatmore 3% before the results is a great confidence booster for me. JD knows he needs to get it back to 5-6 pounds soon. He owns 17% of the company. Next 2-3 months would be interesting.

I strongly believe we are due a massive re-rate. Mkt will realise soon and they will start loving the price.

Thanks for your informative posts.

If i look at the fundamentals of the SDRY, with around 600-700 Million Revenue, reduces from
last year due to shop closures and COVID. if we make 5-7% profit that will be awesome.

With Mkt cap of around 130 Mill and revenue around 600 Million and profit around 30 Million approx . with No Debt at all, around 40 Million in cash assuming we have to pay rent and other things. we should be easily around 4-5 pounds.

Mkt needs to realise the true potential and future direction , once they sense it we will be flying not treading believe me my friends. I have seen SDRY done it again and again. It will be life changing !!

GL all sit tight.

All, it would be good to see what comes next in terms of price movement. I am excited as a general clothing sector is doing generally well. I base my view on the Price movement in share prices for ASOS, BOO and NXT in general.

We now have clarity around
Trading how it’s going
Online sales
Cash in Hand
SNR Mgmt view and strategy
Above all general mkt sentiment
Covid vaccine news

if we get some good news around current and future trading, we might be back to pre-Covid levels soon then many ppl expect.

My view is by Dec we should be back to 4-5 pounds level.

GL All. Sit tight we are going to take off soon .

Thanks Razor,

Would be good to see the Book Building and future direction for SDRY in next few weeks. Would be nice let setting up to break Logical barrier of 2 pounds.

Would be good to get some Broker coverage.

GL All

What a good RNS, for me today’s RNS has cleared many doubts. Key takeaways for me are
1. Almost 60 Million in cash
2. Credit arrangements from Bank valid till 2023
3. Online sales up by 93% i know it’s not like to like but great news.

GL all, March onwards to 250p by end of Sep or Before.

I don't entirely agree with your view, though having Brick and Mortar store is advantage but in today's time it might not be seen as one. We are not as matured as ASOS but they rely on fast fashion and no quality clothing at all.

We have our presence in 70 countries, a decent brand which people want to buy. SDRY has been investing heavily on warehouse upgrades (with robotic presence) and great Logistics team. We have hardly any debt on B/S they have quite a lot (not bothered to google the no's) .

Once we come back in fashion, We have a lot of upside.

Looks like we might be breaking soon from 126 highs from last 3-4 weeks. Very disappointing to see it stuck over here.

I was looking at the Revenue and Profit for Asos and comparing it with SDRY

We made a loss this FY, but last FY -2018-2019 we made a profit of 67 Million and ASOS made a profit of 102 million that year.
There revenue are 2.7 Billion and SDRY is 800M+ , we are doing pretty good.

In terms of Profit we are not far off, ASOS is trading at 40 Pounds with a Mkt cap of 4.2 Billion and we are trading at 1.20 Pounds at Mkt cap of 105 Million.

My friends to me this is a No Brainer - such a huge difference in Mkt cap, I know there are other differences as well.

We know quality and SDRY has it in it's clothes it's not fast and cheap fashion. I am happy to hold of till 2021 for a Massive returns of 500% from here onward.

As the song goes - Best is yet to come !!

We are way undervalued then some of the other competitors we have in the space. BOO and ASOS . Our Mkt cap is 100 mil compared to theirs of 4 Billion.

Thanks Rpstock for great insight . I am very excited to hear the online sales .. Hope to hear back from company soon.

I believe the momentum is going to come back.

Results would definitely pave path for the future. What's interesting is to see Online sales in current environment.

The SP was trading between 12 pounds to 18 pounds in 2017-2018

Thanks mate, every little helps.

Hope to some news flowing soon.

I believe BOO has a good upside, but in my view SDRY has a better prospects. Upside is massive...

Well ASOS is up 3 Pounds today almost @10% . I believe we have a lot of upside.
We need news that will dictate the price forward, Biggest plus will be the online sales as that may be the future.
Hope to see the highs of 176 p before we go march northwards.

Great, I think that would help us to take the brakes off..

GM All,
Do we know when results will be out. It's pity to see the Mkt cap less then 100 Million.

I wish the positive momentum comes back soon. Waiting to cross 200 p and then start march North.