Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Over £9/sh Lloydy, (as if u didn't know lol).. Not only that but we're expected to be profitable in H2. Of course we have slightly more shares in the mix but most are tightly held. I remember when we jumped from ~480p/sh to 700p+ in less than 2 weeks.. Can flip just like that, and now with shorts as low as they are..and reducing further, well, I'll let you lot ponder where the share price will/could be!
Someone said the cost per item returned is £6, therefore this cost has to be somehow either lowered and remaining offset by a charge. Assuming that most of the cost is retained by postage, I wonder if there a feasible option with a company to handle this cost and majority charged to the customer. This would leave a minor amount for ASOS to deal with but would make a huge change in overall returns expenditure, both from the customer pov and retailers.
As I said before. smelled of nothing but a short attack last few days, taking advantage of market sentiment, overall and specific to retail sector. They would rather heavily short and reduce their position rather than have them short squeezed out. They knew there would be a limit to their agenda and taken it to the wire!
They know absolutely they can short it down enough to trigger stop losses and spook investors to pulling out their cash starting a spiralling downward trend, but that limit has kicked us out of the FTSE250 and maybe they went a bit too far in this case and hastily reduced their positions whilst they still can.
Looking to see a steady recovery here on in tbh
The mere fact that u see the drop in share price is due to a reflection of the business shows to me u have absolutely no idea in how general markets work. Moreover a profit making entity suffering issues due to inflationary measures and tailing off from a pandemic era, furthermore shows u luck any investment foresight!
Here-on u seem to think u know more than all the experts in the company and those of the II's that have taken part in the placing at 418p who are prob privy to more figures change over the last year than a mere investor/PI. You're posting history is also evident u have no idea. Go figure mate!
For me only they see the progress in the day to day business as they're seeing progress and therefore see the share price much higher in the upcoming trading update and H2 results. TBH I'd rather they take their onboard views now they've taken part in the placing.
Yes all companies should periodically do some tweaking time to time.. LSE could benefit from deleting useless freeloader accounts like yours Wasteoftime. Beginning to think that's not a pseudonym, but you're actually using the name your mama gave to you lol
For the rest, genuinely invested, it's a shorters market atm. Selling pressure has deffo decreased today and FTSE is blue after being crazy red last few days. I'll wait for the turnaround here however slow it comes. Just picked some more up @3438 which now lowers my avg to 345! Happy to wait now.
Don't talk crap, business model needs tweaking, that's all. Do u not think II's that took place in the 418 placing haven't done their due diligence when acquiring their shares?
So many wanabe CFO's on the bb ffs, 5 post wonders!
It's been verified now as being removed from the 250 list, but imo matters little at current sp/mc. Shorts have also decreased a little. FTSE250 won't be an issue to get back into when year end comes and H2 proves fruitful for the company.
As far as I can see on the LSE listings, it's still in the FTSE250 list, but I think this H2 turnaround will be the test of it staying in place tbh. Inflation easing up will play a big part over the next two quarters and hopefully more profitable for ASOS.
https://www.londonstockexchange.com/indices/ftse-250/constituents/table
i agree kbyk, this will close blue imo..or very close to it and tomorrow open blue imo.
as for terry and ronnie, they're just going round the bb spouting nonsense with no backup of their one-liner posts trying to prey negative sentiment. lse will allow it because they really don't care about it otherwise they'd have a minimum membership of £1 charge ... but they don't because they're a bunch of ******s, and yes i pay for their stupid services but as soon as something better and cheap as comes along i'll end my subscription payment.
This won't fall that low, II selling off and shorters taking advantage of broader market sentiment. FTSE in the red again today but not as much as yesterday following Chinese and American markets. Been watching all day and noticed correlation and expect when market starts taking money back in this will turn and shorters will reduce and sentiment will return fast.
Yes, I agree an implementation should be put in place to charge for a "re-stocking" fee in basic to cover the costs of returns... this will not only save a lot of cash but also engage a more cautious buyer. Also may be more scrutiny for those who use & wear the garment and then return it, although I'm not not how u would be able to ascertain the second event... but if there's stains, then a definite charge for the garment rather than a refund.