The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Almost certain someone will try and buy this. Just look how many times thg has been approached. Following the last unsuccessful approach I suspect attention will love over here. Just look how jittery they are. The market knows it’s very likely so it’s already spiking. Agree big gap up Monday. May well be an approach next week. It’s very vulnerable now.
Huge global customer base, its simply way too cheap, and the headwinds are fading and will soon propel the margin higher which will turn this whole investment case around. You buy in before this happens to get the best price. This has 1000P plus all over it very soon. Someone will make a move now while its cheap IMO and try and take it out.
Ashley is no idiot though, he will realise things here can turn very fast. With 4b revenue margin improvements feed through very fast.
Turnaround plans are ahead of schedule and headwinds are easing. With this size of revenue things here can change very quickly. Stunned at the sp reaction yesterday. It looks to me like the worst is behind Asos.
Peter Jackson, Chief Executive, commented:
"The Group delivered a very strong Q1 performance with pro forma revenue growth of 29% achieved through continued execution against the Group's strategic priorities.