RE: A Dilemma of Mood v Simple Maths31 Oct 2022 18:01
It would be quite a straightforward decision for me… I wouldn’t buy another share whilst Brandon is involved. If he was removed then I’d seriously consider averaging down
Ethically I just couldn’t bring myself to invest when he’s still on the payroll. He’s our very own Trevor Milton
Imaging sticking more in, he benefits and you lose that too.
Atlantic1 sums it up quite succinctly on the RNS June thread…..
“Robust financial position following £10m Placing; £25m Mezzanine Loan facility” So from a robust financial position to this in 4 months ? So how is anyone supposed to make investment decisions if you can’t trust the financial statements in an RNS ?
@faithfulthink I get your tongue in cheek post but it’s incompetent for a CEO to buy shares in the teens not so long ago. I think his arrogant tweet started something like “ I’ve just grabbed myself sone more shares at that price” what a clueless arrogant cxxk
What an absolute disgrace of a BOD you are. Shareholders have lost thousands upon thousands not because you didn’t have a vision, not because you didn’t have the products but because of your utter incompetence in running a PLC
At least you had the foresight to forewarn your major backers so they could sell before the truth came out
I’m actually hoping the whole thing goes tits up I would rather lose what’s left of my investment and take comfort in seeing these leaches also lose the lot
RE: Hope there is a takeover bid of £1.2b1 Sep 2022 15:00
Well the way a see it is that if you thought they were a good buy a few months ago at 19 then 6.50 is cheap . Not financial advice just think it will recover, not to all time highs but will recover well
Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.
RE: Hope there is a takeover bid of £1.2b1 Sep 2022 13:26
It’s taken a little over a month to obliterate the MCAP by 50% which had been built up on a decade of success. People need to remember this and the fact that ASOS is not 6 quid share and will recover in time. Folk are just bricking themselves because of the environment. Yes it may go to £5 but this won’t last forever. Think about that…. it’s worth 50% less than a month ago. 35 days to be precise. It doesn’t make any sense and that’s why I ain’t worried
If I had a pound for every LSE post I’ve read this week saying x company will be fine in the long run but it will sink to x in the short term I’d have a small yacht. They even come with a little story :) In other words sell your sxxt immediately so my short pays and then I’ll by back in when I’m ready.
Thanks Saxman. I’m still a little bemused at this pause In the buyback process. The company surely understand that this is hurting the share price, along with the other obvious macro factors.