Member Info for gggg21

Wonder when boo gets takeover chatter….

Any bump and offer for asos will be great read across here. £1bn bid rejected by asos back in December even knowing the current position. Asos current mcap 417m So 100% plus. Boohoo clearly worth double to. Asos should should fly Monday like thg did near 90-100% over few days on takeover talk and boohoo jumped nicely off back of it too.

We know the prices now opening bids were made over 100% of current price so as you say even if they do t materialise straight away….it shows how cheap current prices are….and still nearly 20% below that 418 placing only week or so ago. First target should be 10% of that current placing minimum so 460 minimum. Nice 30% from current price to start with. Long and strong

So back in December bid of £1bn they say. Current mcap £417m…..bidding war could get this 1.5bn plus…..

Well the weather is meant to get hot next week.

Yep and as per the below with the major shareholders. Could be easy for the Dane to approach other major shareholders to get 29.99% to force bid. Or the yanks to approach (they aren’t mentioned yet) to get the amount or Fraser group to go down that route. Who blinks first. 400m mcap currently. Would surely be done over 1bn minimum in reality. So current prices buying here you would think/hope you are going to do well.

Thg (the hut group) leaped on rumours doing well over 90% in a few trading days on the takeover rumours. The rumoured bids were around 2.5bn but more was wanted.

Https://www.telegraph.co.uk/business/2023/06/03/mike-ashley-danish-fashion-tycoon-tug-of-war-asos/

That could have been directed at numerous people but you chose to respond. Says it all really. Keep eating your time. What was it up to 2am last night.

Don’t think your opinion counts though as you have been proved to always be wrong.

Correct I stated all this yesterday in between the noise that recent low touched 37.5. Took 50,000 at 37.79. Winner winner chicken dinner

Https://www.lse.co.uk/rns/REVB/interim-results-ijydbxudecpv8gm.html

Yep much much better. Anyone see how much asos shorts have closed to. Down to 2.8% asos could rally strong today. As I said yesterday I reckon available borrow stock has reduced with Norges selling down so shorts will have further reduced on boo in the next day or so trading. Messages don’t half get lost quick here as the loser spends pretty much night and day posting every hour drivel. In the real world you can get restraining orders on bitter exs

Https://shorttracker.co.uk/company/JE00BG6L7297/

Citadel up by 0.01% but qube down by 0.07%

With Norges selling and reducing their shares. The amount available for borrowing if they were lending out shares will have reduced. Expect further short reduction tomorrow.

327 posts on boohoo in last 30 days. So nearly 11 posts a day. People power suggest you get a life

Ftse and us markets blue. Ftse finally coming back after losing its recent high down nearly 10% last month or so. Expect large UT. Volume this afternoon in last couple of hours especially picked up.

Also agree with others when brokers say sell that’s when to buy especially when load of negative articles pop up. Just wait for it to turn and nice road back to 50 in short term.

Rsi way oversold now. Technically just hit and filled gap. Due a nice bounce

Is frustrating. Been mildly affected by asos and the recent market pull back.

Once the revised and correct U.K. inflation figures come in and the mass fear of huge inflation and interest rates hysteria pulls back. Recovery should be quick. Gas prices will be going negative at this rate this autumn with Germany and eu nearly full already!

remember inflation figures go by your high bill and not the discounted amount. So all these cuts and discounts to be had now are giving people more money but not completely coming off the inflation figures yet. It will soon reflect on the inflationary figures. Not many know this.

I do wonder whether yesterday the trustee buying open market was a note to say “no placing needed” as if placing was coming they could have took shares then. I’m sure some think placing needed like asos but obviously not the case. Don’t see anyone mentioning that. Anyways time to load. I took 50,000 shares at 37.79

So that is why the price has been held and kept down last few days. Todays sell off market wide due to the debt ceiling sillyness

And Marbella Mykonos and Ibiza clubs are completely fully booked in June July! Trying getting day beds! Summer is back. Spending is back!

In other news. Tomorrow should be a nice day on the market. Expect big blue with Nasdaq closing so high up Friday and then debt ceiling talks being positive. Current futures over in US even more blue. Should pull overall markets up tomorrow nicely.

£1.35