Member Info for clairesmith

if i buy it will be a small amount, maybe £10K. and that will be a speculative punt at this point.
I need 3 things to really believe in the company now:
1) resolution of the ML situation
2) a big ii or hedge to take a new stake in the business
3) them to decease their spending and loses

looks like my 370 target is in spitting distance, just one last shake...

i think the big problem with AIM is that it took on too much of the silicon valley approach to business which is enterprises that try to growth user base before profits.
As such the pump and dump shares appear on AIM and this in turn has fostered the paradigm and incentivised the market to act accordingly

typo = * Fast Fashion

do you honestly believe that people care that the clothes are made in not ideal factory labour situations?

If they did then they would have to stop eating chocolate that is heavily reliant on the child slave trade in western Africa, and stop using their iphones that are assembled with materials using child slave labour in Africa/Asia/south America.

the majority of consistent consumers of "fats fashion" in the western world operate only on the surface ego level of reality

A proper big us investor could buy the whole of Asos at this price and not break a sweat.
So cheap it's hilarious

@fira2011, the sad thing about nightlife in this country for the majority of 20 somethings, is that taking a "cool" picture is more important than the night itself, which means tons of revenue for boohoo and ASOS.

I'm confused as to way I have to explain why honey is better than ****, but then I see all the shorters and realise they are just flies and maggots

@Fira2011, we need to look at the relative paradigm in which a society projects its sense of being to understand key market drivers.

in the Aztec era it was blood, thats why gold had less worth than human sacrifice
in the 2000'sUSA it was weapons, that why so much money poured into "defence" spending
in the mid 2000's it was human digital networks, thats why social media got tons of investment
low in the late 2000's its individual social empowerment, thats why people spend so much on clothing, as they see a direct link between looking good and having a good life.

ASOS, BOOHOO, are in a very dominate position. As with limited international travel and limited "night life", people will be spending money on clothes to continue to push the narrative that they have great life's, via social platforms.

people under 40 are not going to M&S or the high street for clothing, they are going to Asos and Boohoo.

wow, someone has no patience:

14-Dec-21 11:38:08 2,334.83 500 Sell* 2,336.00 2,341.00 11.67k O
14-Dec-21 11:37:05 2,339.89 500 Buy* 2,336.00 2,341.00 11.70k O

after people have paid for the basics of life (food, rent/mortgage, bills), the next biggest consistent spend is fashion.
fashion is what brought down the soviet union and was the driver for the industrial revolution.
i believe both Boohoo and Asos are in a strong position, and just being slowed by:
Natural bottleneck in supply line (affecting everyone).
General market fear (affecting everyone).
ii and large funds currently putting their money in "safe" but low growth return shares due to market uncertainties (affecting everyone).
Money over the past 2 weeks being move back into "Covid" stocks to make fast return.

THE MOMENT THE TIDE TURNS IT WILL BE A OCEAN OF BUYS INTO BOOHOO AND ASOS

boohoo = low cost fast fashion
asos = middle income aspiration wear
they have different markets and are doing better in both than the traditional fashion high-street retailers.
either way, I would rather have my money in Asos or Boohoo than most other companies, as both their share prices have been kicked to the ground and both are in the process of massive revenue period.

Asos have multiple companies feeding stock into them, and as they took over the Top Shop contracts this means they have a big pool of suppliers they can draw from and hop between to avoid bottlenecks.
Of the 2 Asos are in a stronger position than boohoo.

source: https://www.thebusinessdesk.com/westmidlands/news/2058232-giant-distribution-centre-for-asos-goes-live

"A giant 437,000 sq ft fulfilment centre built for online retailer ASOS at a site at Fradley Park in Lichfield has opened.

The £90m development which took 39 weeks to build features over 407,000 sq ft of warehouse space together with 30,000 sq ft of offices.

More than 700 people have already been recruited at the facility, with that number rising to 2,000 over the next three years in order to serve customers in the UK and 150 other countries across the world.

ASOS said it expects to ship over 30 million units in the site’s first year, and up to 4.5 million per week once the facility is fully operational and automation is complete.

It said it expects the facility to help it meet its goal of reaching £7bn in annual revenue within the next three to four years."

by the looks of things the UK, EU, and USA are all heading for circuit breakers over January to stop the spread of omicron, which means all those teens and people in the twenties shopping online to buy new clothes with their xmas money.
and reports from asos is that they have been busier than ever.
time to top up and hold, this is looking very good.

the market and lots of companies are down today, has nothing to do specifically with this company.

Just got to wait a few weeks and the revenue results will be out, with all current indicators showing they are on track for record and good profits.

That's amazing news on the potential share price, certainly lots of up side now.
The shorts have been reducing their position since November.
Everything is getting ready for the sales news, and that is looking very positive as ASOS have become a dominant force in the fashion retail space, with less competition (as they have acquired their Top Shop et Al), and being able to maintain a high level of traffic in comparison to the physical high street.

Asos are in a prime position, and a dominant force if fashion retail, we just had black Friday and about to have Xmas, this will be a massive revenue generating time.
Looking forward to a great rise in this once the news is communicated

Total Visits In November 89.72M
Up 24.15%

Get ready for massive revenue from November and December

looks like the tree shake on this was minimal, very few shares traded, once any buying happens this can easily jump up.
Appears to be completely oversold on low volumes.

based on their web traffic and app users with Xmas coming looks like they are going to have record sales and the share price on this will rocket upwards fast!

he spent enough time in the Columbian embassy y Harrods to qualify for both Colombian and British citizenship by now LOL