Made some money and bought back in today. At the bottom for the start of the yr, the re rate is on back past 1p for starters. We are still below placing price.
I tried catching the bounce on ASOS but missed it. It is rocketing now though I think up 30 or so percent since I sold I was just too early. This bouncy bouncy strategy doesnt work for me thats for sure. Value always shine through in the end. I sold here and topped up elsewhere instead.
sold at a loss this morning. Thought it would bounce and I also expected Director buys. These Directors have no idea or dont care about the share price......if they would have bought the bounce would have been on......Are you reading this??
Did no one realise until it was too late that the company had too many orders and they couldn’t process them fast enough. They should have just increased the sale price to slow sales and improve the margin. Someone obviously forgot to press the relevant buttons to do this....
Are big numbers, let’s get them firmed up and the Mcap will be 20m + in a flash. If a TR1 is released Monday or Tuesday as expected then this will be the start of the re rate.
Couldn’t cope with the demand on the business and too many orders to handle. Hence profits reduced and SP dropped. Sort capacity out, deal with the existing and growing demand and then profits rise this year. SP will bounce back Monday as this is a profitable and fast growing business....logistic problems and tired out warehouse staff led to current situation! I bet the staff were exhausted over Xmas dealing with all these orders and the resulting backlog.
Lack of capacity to fulfill orders5 Jan 2019 20:38
Crack this and the business growing at 40 percent per year will soon head north again and I’m sure people will get in early next week to take maximum advantage of this drop! 50% drop because the company was too busy and gets the good out. Madness.....
it is then. suprised it didnt budge with all the buys. Sort the capacity issue out and business is back on track. Healthy growth, plenty of warehouses and capacity in the UK just needs better organisation to sort it. The lack of organisation for capacity has cost the SP to fall 50% today. Was that really warranted? We will find out next week but many companies have falling sales and too much capacity we have a nice problem to solve and one that is easier to solve then boosting sales in brexit time!
overdone drop on that news. Will need to move back up.......MMs are off to a cracking start to the new year with this share. Huge volume of buys which will start selling as the rise back up starts.
over £300k of buys in past 30 mins4 Jan 2019 14:13
Surely this is going to bounce back PM today. Im in at 240p after watching it drift down all day. L2 looking good, lets get the bounce back up underway