Member Info for alex1621

I recall that Mike Ashley called the City "cry babies" when Sports Direct's SP cratered not that long after the IPO. The SP got there same treatment as THG ... from 256p to 32p within a year. Same activities at play.

However, less than 6 years later the SP had multiplied around 28 times from that low? To 922p.

The saddest thing about MM rant is that he is right.

Frasers don't have a history of M&A, preferring to take over businesses in administration. Ashley appears to have a side line in speculative investing, so he takes punts on what he perceives as undervalued assets. I think his investments are less about takeover, and more about punts.

Gross margins dropping is no real surprise when ASC is in the middle of clearing historical overstocking. The heavy discounts kill margins and that is why the stock reduction programme is so important. That it is ahead of plan is a positive. When legacy stock has cleared gross margin will improve.

I'd only engage with you face to face. I'd like to meet the type of person who trolls other people on an anonymous website, just to see the actual person. But it is no surprise that is the last thing you would want.

We could meet, and I could explain it to you in person?

That's the cowardly response I was expecting.

The problem Daytrade is that it is not possible to get you all in a room ... I'd be looking at one person. And the other problem is that you simply lack the courage. No surprise there.

Daytrade ... well, that doesn't come as any surprise.

I used to work in Bristol, but haven’t been there for years. But sure, if I’m ever in the area I will let you know.

Strange that no one is rushing to take up my offer?

There is no reason for BooHoo to go anywhere until we see a string of improving results. No point in getting excited about spikes in the SP or plunges if it is not based on any company specific news.

As for bickering, my only comment is don’t engage with the fake multiple alias poster, and we might actually get a more productive board.

Hexam - are you blind to the fact that Sam is a fake account?

Tiresome reading this board. Utterly destroyed by one person (Sam/Spidey/Day/Bon) … having a conversation with themself.

Boards are a good idea, but probably not worth wasting any time on.

I don’t think Shein can IPO in the US, as it is only a matter of time before regulation catches up with it. When it happens everybody will say it was inevitable and obvious.

The other issue is of course short attacks, which will level the SP, and the authorities won’t want US investors holding the baby. The UK Government are a little more desperate for a short term boost, so they may well allow it. But I have a feeling it will blow up in their face.

Given the tensions with China, especially over Taiwan, I would give China companies a wide berth.

They post, and then use multiple aliases to “recommend”.

So newbie Sam posts and immediately gets 3 recommends. As 4 culprits are called out, that would be about right.

Not difficult to work out the MO. Insanity.

Yes. I still believe that the best board would be one with verified posters. At least you know you are engaging with a real person, and not multiple aliases.

The only problem is that the same psychologically unstable types would hound people privately. But at least they could be traced.

I am surprised that many of you engage with fake “investors”. My guess is there is only one person, operating with different names?

They have to say that they are “investors” because if they weren’t they would be advertising their own psychological instability.

ASC has been on “sell” rating with Shore Capital for two years? The same Shore Capital that applied a “buy” rating on BooHoo in October 2023?

I have little time for broker ratings, having read the City Boy book several years ago, but I think some context is helpful.

But thank you to a fellow “investor” who is happy to constantly publish “bad news”, even when it is no news whatsoever.

My guess is we have only one?

The trolls going into meltdown. When BooHoo mislabel a range they go into doom and gloom mode, but they don’t think that the sharp practices of Shein will come home to roost one day?

Too many local companies calling out de minimis for it to last. And don’t get me started on Uyghur slave labour. When Shein lists on an exchange is there anyone who thinks it will not be shorted heavily?

I’m surprised that so many of the “investors” on here don’t recognise that possibility. Maybe they are too focused on trashing their own “investment” to see it?