Member Info for Fagen39

Hi,

Very small ETF......... I can't imaging it staying that way for long. Includes a good mix of companies for Blockchain.

Hoping for a touch of 400 again.

Good Divi which looks secure, cash flow and operations good, need a plan to drive the acquisition.

Feels undervalued as not a very dynamic on trend company, but should do okay in a downtrend in H2.

GLA

I agree with the upside opportunity here (on paper), CARD looks attractive. If it declines much more I would be comfortable adding more, but in no rush as the next 6 months could be volatile for stocks.

GLA

No need to exit here even if a takeover doesn't emerge (unless you are over exposed). Invest £size according to risk.

Retail sales in the long term are going to move online globally and Ocado is at the forefront of that. Position yourself to win long term through growth/adoption or win short term via a takeover.

It could be rocky but stay strong for things to play out.

GLA

Good article in the Grocer about why Amazon (and many others) should buy Ocado.

https://www.thegrocer.co.uk/ocado/why-would-amazon-want-to-buy-ocado/680734.article

Amazon do not want pure retail plays (Krogers) that is not disruptive and would only sell at fair value with very little upside. Same would apply for Amazon buying M&S, its too 'boring retail' focused.

The play for Amazon is to gain the tech development and future disruptive retail opportunity that only plays out with Ocado. A purchase may not come but it is the main play on the table, things always take longer than expected.

GLA

Not looking great for them. They need to exit the UK possibly via a sale to LVMH or similar.

the current share ownership is the biggest barrier to them moving forward.

GLA

Will be interesting to see how Moon do with their final results on Thursday and the impact on Card this week.

Good job I topped up at £4. Guess my previous post that M&S couldn't hold onto them and Amazon would come in is getting closer to reality. Personally I can't see anybody else bidding so unlikely to be a bidding war, but £8 here we come.

BTW Amazon also need an online clothes retailer................ My hope is ASOS but it could easily be another (e.g. BOO, but ASOS is the obvious choice).

Exciting day here.

Yours is a much more accurate source

Here are some of the questions that were asked at the ASOS analyst call yesterday:

How is the company's new commercial model performing?

What are the company's plans to improve its gross margin?

How is the company's inventory management strategy changing?

What are the company's plans for international expansion?

What are the company's plans to invest in its technology platform?

How is the company's customer experience evolving?

What are the company's long-term growth prospects?

The company's management team provided detailed answers to all of these questions. They highlighted the progress that the company has made in improving its profitability and operational efficiency. They also talked about the company's plans to invest in its technology platform and customer experience. Overall, the analyst call was positive and gave investors confidence in the company's future.

Here are some additional details from the call:

The company's new commercial model is focused on improving order economics and profitability. This includes measures such as reducing the number of markdowns, improving inventory management, and increasing the average order value.

The company's gross margin has been declining in recent quarters due to a number of factors, including rising freight costs, higher marketing expenses, and a shift to lower-margin categories. However, management is confident that they can improve the gross margin by implementing the new commercial model and taking other cost-saving measures.

The company is taking a more focused approach to inventory management. This includes reducing the number of SKUs and improving the accuracy of demand forecasting.

The company is expanding into new markets, including the US, Europe, and Asia. They are also investing in their marketing and sales teams to support this growth.

The company is investing in its technology platform to improve the customer experience. This includes measures such as improving the website, launching a new mobile app, and investing in artificial intelligence and machine learning.

The company is confident that they can return to sustainable growth in the second half of the year. They are also confident that they can achieve their long-term growth targets of 15-20% revenue growth and 20-25% EBITDA margin.

This is from 'Bard' so may not be 100% accurate, but its a good guide.

The share ownership structure of Games Workshop is as follows:

Institutional ownership: 85 institutions own a total of 3,809,427 shares, or 46.7% of the company. The largest institutional investors are abrdn (3.5%), Capital Group (3.2%), Sanford Deland Asset Management (3.2%), and Columbia Threadneedle Investments (3.0%).

Insider ownership: 12 insiders own a total of 1,000,000 shares, or 11.6% of the company. The largest insider shareholders are CEO Kevin Rountree (2.6%), CFO Andy Hall (2.2%), and COO Richard White (1.8%).

Retail ownership: The remaining 41.7% of the company is owned by retail investors.

The share ownership structure of Games Workshop is relatively concentrated, with institutional investors and insiders owning a combined 58.3% of the company. This concentration of ownership gives these investors a significant degree of influence over the company.

In recent years, Games Workshop has seen a significant increase in its share price. This has been driven by a number of factors, including strong growth in sales and profits, as well as the company's expansion into new markets. As a result of this growth, Games Workshop has become one of the most valuable companies in the UK.

The company's strong financial performance has made it an attractive investment for institutional investors. These investors are attracted to Games Workshop's strong brand, loyal customer base, and high barriers to entry. As a result, institutional investors are likely to continue to be a major shareholder in Games Workshop in the future.

On the positive side I think the announcement helps to underpin the VOD divi at the current level.

They would not want impact the deal by substantially impacting the company valuation in the interim.

Welcome, good for you to be in the black day 1, long may it continue.

Anders out, Amazon in................

Long shot but I'll punt for this one if we are throwing out wild ideal

The more and more I research clothing, I see ASOS (or something similar) as a necessary tie up with Amazon.

I like to buy most things on Amazon, but the one area I don't touch is clothes because of lack of trust and it feels quite expensive for the brands they have.

If they had ASOS (or another) as their clothing offering they would be cheaper and hold more credibility instantly.

Hold for the win

GLA

I did just that, topped up at 1185.

This company is well run and will be a winner as this market consolidates into larger and larger players over time.

GLA

Asked Bard if another bid could come in for ASOS.

It is possible that another buyout bid could come in for ASOS. The company has been struggling in recent years, and its share price has fallen significantly. This could make it an attractive target for a takeover.

However, there are also some factors that could make it difficult for ASOS to be acquired. The company has a strong brand and a loyal customer base. It also has a large and growing market share in the UK. This could make it difficult for a potential acquirer to get the shareholders to agree to a takeover.

Overall, I think it is too early to say whether or not another buyout bid will come in for ASOS. The company's future will depend on a number of factors, including its ability to turn around its business and its financial performance.

Here are some of the factors that could influence whether or not another buyout bid comes in for ASOS:

* The company's financial performance. If ASOS can start to turn its business around and show that it is profitable again, this could make it more attractive to potential acquirers.

* The company's valuation. If ASOS's share price continues to fall, this could make it a more affordable target for potential acquirers.

* The interest of potential acquirers. There are a number of companies that could be interested in acquiring ASOS, including other fashion retailers, private equity firms, and even Amazon.

If another buyout bid does come in for ASOS, it will be interesting to see how the company's shareholders react. The company has a strong brand and a loyal customer base, so it is possible that they will be reluctant to sell. However, if the offer is high enough, they may be willing to accept it.

This was on a market report this morning.

Asos jumped 7.39% following a report that Turkish online retailer Trendyol made a £1bn approach in late December.

This is probably why MA is getting interested

I have a few areas that may not be fully reflected yet:

- Ordinals and other fee driving BTC rewards for miners, these should have ramped up during the period so at current levels things should be more positive than just BTC face value.

- Post Halving rewards are half, but the BTC price doesn't historically increase (bull) until months later, all miners are going to need to fund this period with diluted rewards at low values (Not sure Argo has the cash currently).

GLA