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Both Asos and Boohoo, these IFT (Internet Fashion Twins) have each produced outstanding results this week and just look how the share prices have reacted. What a way for the market to encourage home grown businesses to go public.
Well your friend was right for you to LOOK at FEVR. It depends what you are going to look for. Forget the 1.3 billion and just remember that the main increase in the SP will take place around the end of January once the trading results of the Christmas period have been released. However as usual PDYOR.
Thanks for all those great suggestions. Perhaps we can get Gareth Malone on the case now. Hope everyone has bought Fevertree Tonic for Christmas. That should start the ball rolling ready for the update at the end of January.
Never again for many I hope. Lords a'leaping etc.
They only crashed as so many wanted to get some of their money back whilst the shares were high. As you see they have bounced back again with new money as a result of their good results and the old money coming back in whilst they were low ready to catch the bounce back again. Wait for tomorrow onwards and you will see they will be rising above what they were when the sell off started yesterday. Simple, no deed to worry about graphs at present. With Boo.Hoo they will be twins for a bit. Just like Galliford Try and Kier.
Yes it is the online sales where the money is. Just look at the recent figures from Boohoo as well. Sales outside the UK in the US and Europe which have been indicated as increasing are becoming the key areas for ASOS and the company will now see the benefit in the bottom line of the ongoing devaluation of the pound. The CEO's are right.
The payment on the 2nd December will be 43p a share. The 64.5p divi is for the full year. Who knows what the price will be in 6 months. However IMO after the profiteers have sold after the divi payment the price will as usual go down but then return on a raising value until the second full year divi is paid. SO capital rise plus divi SIMPLE.
I have just polished my crystal ball and through the haze I see 142 in 23 days but please DYOR.
I think that the Michaels are just about to light the touchpaper!