Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
the lower the price goes, the more it will spring back once the results are out next week.
with the results out, that's all the current news available for understanding the company finances.
We all broadly can see the market for the next year, so having this final piece of information assists with knowing the currently expected market cap, however, this is only based on a downswing market, and as such, we should also consider the potential market cap based on an upswing market, as an upswing market is the next phase of the global market as we have just traveled through a phase on constriction.
However, looking at production reports at a fundamental level, we are starting to see an adaptation of the current geo-economic landscape as businesses and countries learn to optimize and evolve current financial, raw material, and energy supplies and transactions.
The rates of inflation will start to reduce once the flow of cheaper goods returns to the market.
With the added driver of purchase volumes increasing based on the releasing bottleneck caused by constriction, and the products that people have put off purchasing they are then acquiring. This creates a combined overall larger increase in purchasing and spending across multiple industries and injects cash back into the population and economy.
once the financial news is out and the expected floor is reached, the shorts will have to close as realistically nowhere else to fall.
I doubt a share issue will happen, as having a small share pool is favorable to the main shareholders, also Asos would be wiser to issue the share when back at a higher level to issue a smaller amount and make an equal amount of money.
Asos has now:
Re-launched Top Shop with an already well-engaged audience and consumers
New management for sportswear and a new drive to grow that space and a relaunched high-end lady's wear.
Asos have a ready-built channel, as such, they just need products on hand a wait for a time when the macros change and public purchasing increases and returns to nature levels.
the benefit is that at this time of reduced flow, Asos can spend time reviewing the business and implementing better operations, cost reductions, and streamlining, so that once the higher normal rate of business returns they yield better profit margins.
The company has just gone through a major management change, and it takes a few months for learning and changes to happen, by this point we will start to see the new steer of the company.
To summarise, buy low sell high.
Markets are cyclical.
Macros affect all organizations.
Rising tides raise all ships.
DYOR GLA
Company Market cap YTD change
FBCD Fbc Holding Inc $824.9K -90.00%
CRCW Crypto Co $9.5M -88.67%
CTRN Citi Trends Inc $152.6M -80.78%
SFIX Stitch Fix Inc $377.5M -76.64%
EXPR Express Inc $83.3M -60.39%
AEO American Eagle Outfitters Inc $2.0B -57.88%
BURL Burlington Stores Inc $8.1B -57.67%
LE Lands End Inc $289.4M -55.48%
PLCE Children's Place Inc $468.0M -54.70%
ZUMZ Zumiez Inc $428.7M -54.12%
ANF Abercrombie & Fitch Co $792.2M -54.01%
TLYS Tillys Inc $173.8M -52.70%
BOOT Boot Barn Holdings Inc $1.8B -50.38%
BBWI Bath & Body Works Inc $8.1B -49.20%
GPS Gap $3.5B -44.93%
CATO Cato Corp $190.1M -42.95%
SCVL Shoe Carnival Inc $625.4M -42.04%
VSCO Victoria's Secret & Co $2.7B -41.25%
GCO Genesco Inc $548.8M -34.56%
CRI Carter's Inc $2.9B -26.73%
FL Foot Locker Inc $3.0B -25.85%
URBN Urban Outfitters Inc $2.0B -25.44%
TPR Tapestry Inc $7.7B -21.50%
ROST Ross Stores Inc $31.2B -21.34%
RL Ralph Lauren Corp $4.2B -20.92%
BKE Buckle Inc $1.7B -17.58%
TJX TJX Companies Inc $76.3B -13.45%
JILL JJill Inc $173.9M -10.64%
CHS Chico's FAS Inc $622.0M -7.62%
Company Market cap YTD change
FBCD Fbc Holding Inc $824.9K -90.00%
CRCW Crypto Co $9.5M -88.67%
CTRN Citi Trends Inc $152.6M -80.78%
SFIX Stitch Fix Inc $377.5M -76.64%
EXPR Express Inc $83.3M -60.39%
AEO American Eagle Outfitters Inc $2.0B -57.88%
BURL Burlington Stores Inc $8.1B -57.67%
LE Lands End Inc $289.4M -55.48%
PLCE Children's Place Inc $468.0M -54.70%
ZUMZ Zumiez Inc $428.7M -54.12%
ANF Abercrombie & Fitch Co $792.2M -54.01%
TLYS Tillys Inc $173.8M -52.70%
BOOT Boot Barn Holdings Inc $1.8B -50.38%
BBWI Bath & Body Works Inc $8.1B -49.20%
GPS Gap $3.5B -44.93%
CATO Cato Corp $190.1M -42.95%
SCVL Shoe Carnival Inc $625.4M -42.04%
VSCO Victoria's Secret & Co $2.7B -41.25%
GCO Genesco Inc $548.8M -34.56%
CRI Carter's Inc $2.9B -26.73%
FL Foot Locker Inc $3.0B -25.85%
URBN Urban Outfitters Inc $2.0B -25.44%
TPR Tapestry Inc $7.7B -21.50%
ROST Ross Stores Inc $31.2B -21.34%
RL Ralph Lauren Corp $4.2B -20.92%
BKE Buckle Inc $1.7B -17.58%
TJX TJX Companies Inc $76.3B -13.45%
JILL JJill Inc $173.9M -10.64%
CHS Chico's FAS Inc $622.0M -7.62%
The new Chairman is Jørgen Lindemann, who had a five-year stint as a non-executive director at the giant European fashion giant Zalando, and Elena Martínez Ortiz has been brought in as the new womenswear director. Hired to lead the £1 billion plus ASOS DESIGN brand, Ortiz too has experience from Inditex with over 18 years at Stradivarius. At Stradivarius, Elena was product director since 2013, prior to which she was the sourcing director in Asia.
ASOS has also recently hired former Nike executive Tim Phipps as its new sportswear and outdoor director. Phipps spent nine years at Nike, including leading Nike sportswear sales for EMEA. ASOS is still a stockist of Nike despite it dropping the majority of its wholesale accounts in 2021. Prior to joining the sportswear giant, Phipps was head of global footwear at Fred Perry and was UK fashion sales manager at Reebok.
https://www.theindustry.fashion/asos-is-it-time-for-the-online-young-fashion-giant-to-grow-up/
a takeover bid for £2b is the best outcome for share holders now and for the next few months.
fast fashion is morphing, the same happened in 2008/2009 with the first major decline of the high street since its rapid globalist consumer truly gaining its stride strength in the 1970's.
And Asos are best placed to win in this new fashion retail battle. Boohoo is doomed, and so are THG.
The winners this year will be Fraser Group and Asos, as both are markets (vendor agnostic D2C channels), and have their own brands which they are moving into more eco and mid-range focused fashion lines.
The great thing for Asos is that the US market is only now waking up more broadly to the 90's revival which has been strong in the UK/EU for the past couple of years, with really only relatively limited youth segments and LA/NYC being current adopters, this is reflected in the increase in sales being seen in this fashion wave in the US.
Asos is in a great position by having a strong market place that they can channel different products through, if you look at the data for top fashion the market is dominated by brands leaning to middle and upper status products, and this is what Asos are now growing with the relaunch of Top Shop
https://www.statista.com/statistics/1207840/top-apparel-clothes-brands-worldwide/
https://www.statista.com/statistics/1293538/clothing-companies-market-cap/
looks like we are starting to see the pound rise up back against the dollar.
as such, is this the perfect time for a US Company to takeover Asos?
Would be a bargain price to acquire this company, with a ready-made client base, brands, and market.
£2b to takeover Asos is a bargain in the grand scheme of things.
With that, you get a ready-build loyal user base, ready-build logistics network, world-renowned brands, and set up partnerships with favorable commercial agreements.
Also, Asos now stand in a better position in the market, with their takeover of Topshop, and the other side of the market being eaten by Fraser Group, as such in a consolidated market once the cash starts to move around they reap more revenue.
At this moment in time, all businesses are affected by inflation and energy, however, in context this will be over relatively soon.
Also, I believe that if a £2b offer was put on the table either the major holders would have to accept, or they will need to make an offer themselves to take private, so this is a win-win for current holders.
The time has come for PI to request the BoD start seeking a takeover.
Considering Asos paid £330m for Topshop, for the current MCAP to be only £570M is insane.
£2b is fair value at a 4x MCAP projection.
Hopefully, we can have a couple of bidders in place by the end of October.
Its time for PI to re-coup money, and a takeover is the best course of action.
Taking all things into account I believe a takeover bid now by a US company would be a good thing.
Considering that the dollar and pound are 1:1, this presents a massive opportunity for a US company to acquire Asos for 'cheap'.
As such, with all factors considered, if a bid of £2b was offered, the BoD and major share holders should support the takeover.
hope a takeover bid comes soon.
there is no left to sell, the price drops are just market manipulation by the shorts
given that the pound (GBP £) is at an all-time low, will this now draw in a US fund or company to acquire Asos?
surely given the market and time to move back upwards, would a takeover be the best way for investors to recuperate losses?
I think we can broadly agree that the past year has been interesting for holders and investors in Asos.
However, I'm sure that the challenges that the market has given have helped many Asos employees to become more skilled in difficult situations, and helped the company to understand the factors involved in converting revenue to profit.
as such, we can be hopeful in this company's operations moving forward, that they are taking the opportunity to adapt, evolve, and grow into a more refined and developed organisation.
asos benefit from having a wide and deep reach with its fashion channels, having key well-known brands, and building out its transnational presence to yield multiple streams of revenue.
we are now in the fashion cycle of autumn/winter, which means a new time for clothing purchasing in the northern hemisphere to deal with the change in weather conditions. Alongside this, we have black Friday sales and the Xmas shopping period. combining to be a strong revenue generating time.
The shorts themselves appear to be closing position, or at the least not increasing.
With the New CEO in place, there naturally would be a transition period to allow stabilising and policy updates, which will hopefully now start to yield positive results.
at the moment, how we are now seeing a shift as more countries look to de-couple from the dollar.
the Arab world is starting to become more linked to China, being driven by the china belt and road initiative.
and the EU is looking to become more centrally controlled, the whole Russian gas and fall out from 1929 finally made the EU Central Bank look to have more independence (yes it has taken that long from 1929).
The big world economies are now looking to remove world domino factors, and the US has been the worst contributor for the past 100 years.
The problem with the UK is that they have become too entwined with the US, however with the move away from the dollar and with the US empire falling, the US will start to put energy and focus on the UK economy to show the world that partnership matters as a PR stunt.
We will now see a scramble for the UK economy, this can be seen in the housing market for the past 20 years, why the US has been buying UK military suppliers and tech, and why I suspect there will soon be a take over bid for Asos as its a key market place.
getting a Kardashian to be the face of the brand shows how out of touch this company is.
mid 30's inbound.
the only thing depressed is this share price.
mid 30's in bound next week, the sharks will carve this up and sell piece meal.
MM and cronies are gonna carve this up and sell it off like the prize turkey it is.
the best hope is a takeover bid for £1b, this is the best way for most to recoup lose, and a 30% premium above the current price.
Hopefully, we should get a takeover offer of £1b next week from a US fund while the dollar is strong against the pound.
best you can hope for is a takeover of £450m.
company in bad shape, MM dodgy dealings, and recession are staked against THG.
as others have said, best hope is for takeover at £1b.
based on the mini-eco from the tories and market out look the recession is about to go into hyper drive, and with the UK locked out of europe due to brexit and the US saying no trade deal, this island is doomed.
does not look good, and the horror stories coming out attached to MM dealings are not kosher