Member Info for clairesmith

Asos are safe, they have made the difficult decisions early which lowered H1 results, and means great H2 Results.

They have done the share issue to raise cash.

They have restructured debt to okay rates compared to the market.

They have made massive cost reductions.

They have changed the BoD with more focus.

They have adapted to the market with sales and the pop-up shop.

Asos has done everything needed to make itself dominant in the retail space.

They have become more dynamic, which will help with cost reductions and expansion globally.

The company makes £4b in revenue, is a very well-established brand, international operations.

Past few months stocks have been eaten up and held ready, and on Monday, the start of the new month/quarter, we will see these stocks sold to pension funds and trackers.

So get ready for a fantastic re-rate on Monday, and look at some valuations we should see 500 very quick and soon

Holders that bought in the 325 to 370 range were shaken out or took profit and the past week, which is great.

now clearing the road back to the 500 regions over the next week or so (yes that quick it will happen).

The sell today is meaningless, only a TR1 due to their overall large holding, we get bigger trades in closing.

The fact is online shopping is strong, and Asos have resolved to become profitable.

Good luck to anyone trying to buy shares under 400 now.

Lots of great things about this company, we do need the price to settle a bit the current intra-day swings can be a dangerous in the short term, however long term looking golden

NAV is 96, and the last takeover offer was 106, so 27 is a bargain, with a potential for 200% profit.

Plus 40% holding in Carlsberg Marston's Brewing Company, with dividends of £19.4 million received in 2022.

glad to be buying and holding, and once payday lands with be buying more.

Hi Barchid, buying more to add to my holding, easy profit margin to be made on this.

The fact is, there was a takeover offer for 106p, and this is now open to a takeover target again due to the current MCAP, as a bid for anything over 100p would need to be seriously considered by the BoD.

Mr.Market means nothing at the moment other than big funds manipulating things.

When the CFO and CEO are buying shares that is a very good sign:

26 June 2023

Director and PDMR (Chief Financial Officer)

Purchased: 34,767 shares

25 May 2023

Director and PDMR (Chief Financial Officer)

Purchased: 28,992shares

24 May 2023

Director and PDMR (Chief Executive Officer)

Purchased: 29,259 purchased

now a takeover target with an MCAP at £179.96m, considering the Carlsberg Marston Partnership is worth £400m itself

What if a bid of £3b lands tomorrow, surely the BoD has an obligation to consider?

Personally, I believe that naturally, the MCAP can be £3b by Xmas this year, based on the leaner more profit driven company that Asos is becoming.

Seems like a fantastic opportunity for a takeover still at these levels, and having seen the improvement of the company's operations to become profitable.

As such, if a takeover happens of £1.5b to £2b then will the BoD have to announce?

Also, if at Turkish company puts in an offer and makes it public is that okay?

Why:

The average yearly revenue is £4b

Now has a Profit per order up over 30%

Active customers circa 24.9m

Balance sells regions of UK/EU/USA/ROW for a truly global reach and revenue.

Since 2020 there has been a reduction in competition, with Asos now a dominant retailer.

Massive cost reductions implemented in 2022/2023 equal .£385m of gross annualized benefits.

Looking at the previous MCAP of the company a low average of £2.2b to £3b is run rate.

Asos is a dominant force in the fashion retail space and has now turned the ship to profit making.

looking forward to the oncoming £2b MCAP and we still have the potential for a takeover in the coming months.

Good company, strong market, moving back to long-term rolling profit.

Happy to wait 6 months to make massive ££££££££££££ profit.

There will be a short attack, but remember to keep holding, now is the path to massive profits.

Fair Value by Xas £30 a share

3=======D

Is that a rocket in the pocket?

Buckle up for moon time!

The rejected the £12 a share, so hopefully this is part of his plan to take private with a £20 a share offer.

either way, like alot of people here I'm looking forward to see what tomorrow has to offer.

Looking forward to Thursday, expect some serious buying if this ship has been turned

If Mike has going to make a takeover move then surely before the ramp to xmas starts to happen to ensure co-ordination with the Frasers?

If the results come out good on Thursday and looks set to return to high profit moving into H2 then now would be the time for aggressive moves?

Https://www.asosplc.com/investor-relations/events-centre/

Ive a rather large holding, and cant work out if I'm sat on a gold mine or keeping donkey dreams alive?

The current price action tells me donkey, but taking into account market factors, and the change from loss to profit tells me a goldmine.

most confusing share.

Seems like a good placing, 3 major holders increasing their position and the chance for PI.

clears some debt and the new long term credit facility allows Asos to be in a dominate position.

Overall this is good news.