Member Info for clairesmith

Qatar Investment Authority invests in Turkey-based Trendyol's $1.5 billion funding round.

Trendyol, an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 billion:

https://www.wamda.com/2021/08/adq-qatar-investment-authority-invest-turkey-based-trendyols-15-billion-funding-round

QIA were willing to pay £4b for selfridges in 2021:

https://www.proactiveinvestors.co.uk/companies/news/963455/qatars-harrods-owner-lines-up-for-4bn-selfridges-auction-963455.html

Qatar Investment Authority got £648m from Tiffany & Co sale to LVMH in 2021:

https://www.retailgazette.co.uk/blog/2021/01/harrods-owner-rakes-in-648m-from-tiffany-co-sale-to-lvmh/

A few points to what others have said:

1) £3-4billion is a relatively small amount of money to the Qatar Investment Authority, with assets at $445 billion (2022), for them to get a leveraged loan is easy and quick.

2) they have invested in bricks and mortar retail, as such buying Asos fills in a gap in their portfolio, and actually improves their current investments with synergies and cost savings.

3) the Asos debt won't matter to them, it actually makes it easier for them to take over due to weighing the share price down currently.

4) Qatar Investment Authority is in this for the long game, they can wait 10 to 20 years to make their money back.

5) they would need to make an offer in the £3-4billion range in order to force the takeover quickly.

6) QIA is also affiliated with Qatar Sports Investments (QSi), as such linking Asos to their sportswear works well.

overall this would be a good investment by them, and a good deal for investors.

@simon1367, well lucky Qatar have very deep pockets, deep enough from the oil wells.

And they are in it for the long game, plus the is now a movement to start fashion production in Africa which will mean cheaper clothing so this will help with their margins.

anyway, we shall see next week.......

Qatar Investment Authority on the hunt to spend some money.

Adding Asos would make sense as it fills in distribution, and online retail gaps to match their Harrods holding.

Plus gives them key youth and growth market demographic access across the UK/EU/USA, and the Top Shop brands.

In 2021 they tried to acquire Selfridges and lost out, so the potential to take Asos seems logical.

Might explain why Mike took a bigger holding in Asos, as he might know something is brewing and will take a payday, plus having Qatar eat up Asos gives him competition to seem less monopolistic for regulations etc...

Could also be why the shorts are now cutting, maybe they asked some mates in the city about the takeover rumors and they have been corroborated.

Qatar has the money so maybe we'll see an offer in the £3 to 4 Billion range as a way for them to guarantee the deal goes through?

Hey Peak, also getting a dig in, classy guy....

Let's look at the basics, Risk to Reward.

Now the company is saying they are returning to profit, so the chances of a price rise are very good.

Many expect a takeover is about to happen, which means this could be a multi-bagger from here.

Either way, there is a profit.

Based on the equity profit that's projected, would be looking at the £1.5b and above range.

rocket time.

Initial bid £1.5b, followed on the same day by £1.7b and hard push to £2b for fast sell.

all the potential buyers will have serious money behind them and looking to take this quick as the share price looks like it will rally with the move to profit this year.

the shorts are going to brick it in the morning, dont fall for their tricks of rise and drop, hold for the final takeover bid.

If a bid comes it will be in the 15 to 20 (£1.5b to £2b) range

@Offshore500

Look at my post this morning @ 08:17am titled "Big day ahead, buy now"

very exciting news is on the way :)

Takeover bids coming from?:

Fraser Group

Apollo

Saudi Fund

Turkish Company

so initial bid £ 2 billion?

Great find! This would be a great maneuver by Mike Ashley and the Fraser Group.

Takeover Asos to have the largest retail network with operations and revenue streams in UK/EU/AUS/USA.

Then roll out uy Now Pay Later via Tymit during these market times to leverage a bigger user base and growth.

Expect some very big buys to start landing now the wheels are turning, and imagine Mike would look to capitalise now.

Looks like a big day ahead, time to load and get the shorts to pay top dollar

Review the selling and the shorts over the past few days you can see a clear link.

shorts have individually been placing small additional positions to hold the price down so they can accumulate shares cheap to exit.

The facts are clear, asos are not releasing more shares in the immediate future, and expect a profit in this current half a year.

Dont be fooled by the short attacks, they are doing this to hold the price down to get out.

Too small a free float and any buying will cause the price to rise.

Asos are not going to issue more shares.

Asos has said they are moving back to profit now.

And if a takeover offer comes in, or Mike Ashley buys more, then this will raise to the 8's instantly and the shorts know and fear this situation.

BUY BUY BUY - make the shorts pay a lot to get out!

"BrandAlley has bought certain assets of the multi-platform online business Internet Fusion Group (IFG) as part of its expansion plans.

The premium and luxury online retailer snapped up the group which includes Country Attire and Surfdome which it called “a significant strategic opportunity” to enhance its infrastructure, rendering BrandAlley operations “more cost-effective.”

https://www.retailgazette.co.uk/blog/2023/04/surfdome-owner-brandalley/

If a bid lands in the £1.5b region, then the major holders would need to consider in the context of the current price.

43% held with these funds that could push the sales through:

Camelot Capital Partners

T. Rowe Price Associates, Inc. (Investment Management)

Baillie Gifford & Co

Jupiter Asset Management Ltd

T. Rowe Price International Ltd

Schroder Investment Management Ltd

Allianz Global Investors GmbH

Ignis Investment Services Ltd

Yeah, looks like a takeover offer is brewing. lots of potential companies will see this as the perfect time with the company moving back to profit and fixed.

explains the short attack on the 11th May, as they try to hold the price down to get out.

too many individual shorts competing against each other now, with the small free float trapping them.

Next week is going to be exciting. looking forward to a bid of circa £1.5b landing and watching this rocket.

Yeah, based on the current price, the revenue, and market potential, could see this get a bid in the £15 a share range.

A massive opportunity here.

could see the shorts panic on Monday and do everything they can to buy before the get caught out.

New policy, looks like they will be moving to profit mode now!

from: https://www.asos.com/customer-care/returns-refunds/what-is-your-returns-policy/

"Fair use

If we notice an unusual pattern of returns activity that doesn't sit right, then we might have to deactivate the account and any associated accounts. This includes but isn't limited to:

When we suspect someone isn't just trying their items on, but wearing them for longer periods, then returning them.

When someone orders and returns loads - way, waaay more than even the most loyal ASOS customer would order.

When the items returned don't match what you ordered. If this happens to you and you think we've made a mistake, please get in touch with Customer Care and we'll be happy to discuss it with you.

If your account has been deactivated and you need to make a valid return, contact Customer Care. They'll give you a returns label although you'll be responsible for the cost of returning the goods to us.

Please note: we reserve the right to take legal action against you if the items you return don't match what you ordered."