Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
See my name mentioned a number of times (spelt wrongly haha).
I am not a shorter just always tried to give the opposite view to the mindless ramping. I've always said it's a gamble especially with the fall back into the 20s. But will acknowledge of course yesterday was a much better day for genuine holders .
I hope this pays off for you.
GLA
How long does he need???
This is getting embarrassing. Not even a bid placed for the board to reject . The market has no idea what if any take out price may be. As usual the Private Investor will be the last to know and by then it could well be too late if it goes the wrong way.
GLA
With the update due on Thursday the market expects turnover of £10.5B and profit between £915 to £935M..
So I expect it will be all about the future lookahead. For me with the economy hopefully improving, Euros and Olympics should be a bit brighter.
Can't believe how lowly rated these shares are when you look at the market cap. Do they carry alot of debt?
GLA
Well SM66 we are all entitled to have a view. I hope a bid does come in for you Shareholders but just too risky now I think.
Basically like a roulette wheel here now red or black.
Shares could end up north of 40 to 50p or 10 to 15p .
GLA
Hi Toffers at last I think we are on the same page. I'm not going to criticise you. You championed the share, made some profit (well done) . Had to change your investment with the price going South
I honestly believe as your post that the company may very well go down the CVA route . Probably the best option for JD.
Can't see this being taken over now at multiples of the current SP. Just no logic to overpay as the business is clearly struggling.
Well done Toffers on being transparent with your holdings and transactions. GLA
Why sell?
It's all about the appetite for risk. This isnt 100% it will be taken over and remember before the news the shares were trading at 15p.
You pays you're money and you takes your chance.
GLA to all holders but please don't bet more than you can afford to lose
The Superdry (LON: SDRY) share price continued its remarkable sell-off as concerns about the company’s growth continued. The stock plunged by over 20% on Tuesday to a low of 33p. This is a strong sell-off considering that it peaked at 492p in 2021 and 1,948p in January 2018.
Concerns about the company continue
Superdry stock price has been in a strong sell-off since 2018 as the company’s growth continued to decelerate. In its most recent results, the company said that its total revenue in FY 23 rose slightly to over £622.5 million. Its gross margins dropped to 52.8% while the firm’s statutory loss after tax jumped to over £148.1 million.
In the statement, the company’s founder and CEO lamented that the business was having a difficult year, especially in its wholesale business. As a result, he confirmed that his team was still working on a turnaround strategy.