Member Info for Debacle

Reality TV of this ilk ain't for me but this seems to be part of the popular zeitgeist so I guess this is good:-

(From Manchester Evening News)

It was a Love Island reunion as 2018 series alumni Eyal Booker and Jack Fowler hit the town with Scott Thomas in Manchester.

Manchester PR director Scott, who was a big hit with viewers in the 2016 series, was joined by Eyal and Jack at the new Peter Street Kitchen.

The lads, who made waves in the Love Island villa in Mallorca this summer, were in town shooting their new YouTube series with Foot Asylum for the streetwear store's new Unlockd app, and they were joined on the shoot by comedian, actor and YouTuber KSI, real name Olajide William Olatunji.

Model Eyal and footballer Jack were both kitted out by Foot Asylum for the lads' night out, Eyal in a striped Tommy Hilfiger T-shirt and Jack all smiles in a black and yellow Penn sports jacket.

The Asos results bode well for the strength of the youth fashion market and with Footasylum now wholesaling to such companies and increasing it's own online turnover all looks good going forward.

Looking at the regulatory docs, the Directors share Options date is 02/11/2020 and the Preference shares under the SAYE scheme are exerciseable between 01/2/21 to 31/8/21. Not sure about the Trustees shares under the John Wardle settlement - DYOR etc etc - this stuff is all on the investors website under regulatory news.

I would suggest that those looking at a medium term investment strategy should be looking to the interim figures in Oct 2020 as a significant date since the share price after then will determine whether the Options are exercised and, therefore the Directors will certainly be working hard up to this date to get this baby into shape etc etc.

In the meantime, on a shorter term basis we look for a splendid 6 months through the festive period.

As Etta James sang "At Last!"...

Had a few quid kicking about so topped up again this morning. Will happily wait till post crimbo trading update - I can't see that the confirmation of the interim results in October can tell us anything new

"Difficult to see. Always in motion is the future.."

- Yoda.

Hey Bolgas are you invested here or have you simply been moved on from Hyde Park Corner? What a lot of tripe you spout to no-one. Turning cities into nice places to live where the car ain't king is a good thing or are you invested in oil.....

Dear All,

What is it precisely that anyone is expecting/hoping for on 16th October?

This much we know:-

Trading

Footasylum expects to report revenue of £98.6 million for the Period, an increase of 18.5% compared to the corresponding period in the prior year (HY18: £83.2 million). Store revenue was up 12.4% to £66.3 million (HY18: £59.0 million), online revenue grew 28.5% to £30.2 million (HY18: £23.5 million), accounting for 30.6% of the total revenue (HY18: 28.2%), and wholesale revenue trebled to £2.1 million (HY18: £0.7 million).

Outlook:-

Despite an ongoing programme of investment to drive sales, Footasylum's revenue growth for FY19 is now expected to be below current market expectations. As a result of this, and a lower overall gross margin from a higher amount of clearance activity in stores, the Board now expects adjusted EBITDA for the full year to be significantly lower than previous guidance, at less than half of the FY18 adjusted EBITDA of £12.5 million.

I can only hope that there just might be a slightly more positive spin on outlook based on September sales figures (only 1 month!) and of course, Here's Hopin's son's Air Max purchase. Maybe the market might just read the figures again and realise that yes, this is undervalued but otherwise what are people looking for?

I myself remain hopeful of a recovery in price of sorts in the next few months and have added again only yesterday when a dividend landed from elsewhere.

Happy to hold to see what January brings.

For heaven's sake Riskisprofit, get some credibility.

The acronym RIP has a far more appropriate meaning.

Well I had already read that article but certainly didn't draw the inferences that you do.

Line drawn.

Let's move along - nothing to see here.

Why is truth "precious"? Get a grip?

Either you have a credible source or you just plain made it all up.

You can bleat all you want but I see nothing from you to substantiate your utterings.

Trump playbook - classy.

Is that actually possible or is it "fake news"?

I have tried to find the said "information" to no avail.

This is your credibility on the line here not mine mate.

I await with baited breath...

Dear HH,

Please forgive my pedantry but could you point me in the direction of the quote where the CEO said "there was always going to be a hit post IPO" as you state. I would be intrigued to read the said details. For the record, I am entirely neutral with regard to the performance of the CEO, I just like to make sure on the facts.

Many thanks.

Hi Seanx,

No offence intended but I cannot make head nor tail of what you are trying to say. Are you "mates" with HH as you seem to know his thoughts? Someone has recommended your output so they must like the cut of your jib. I have to say, I don't. Anyway, moving on, are we going to get so upward movement anytime soon? - expert views required.

Dear HH,

Please can you keep your seventies style misogyny to your "mates" down the pub.

And no it is not "lol" at all.

Unbelievable.

The only thing is, the price is still down from yesterday which might suggest another shake of the stops at even lower levels early doors tomorrow unless there is some sort of ACTUAL upward movement

Ok Mr Chips but that was back in May so what might the picture be now?

If there are only 35% in circulation then that is approx. 36.5M Shares out and about x 29.50p = under £11M quid sloshing about - aint that much is it in the grand scheme of these things. This is basic maths of course but you know.

Topped out to a nice round number now and averaged down. Happy to hold and grow