Member Info for hellyeah

My short term target is 5500. Medium term around 7000. Successful Brexit should propel us into the orbit IMO.

Troublesome - by "Successful Brexit", agree some sort of deal, get the hell out of EU, get back to a normal life and prosper our wonderful country!

Yeah, results even better than expected. IMO 180p coming today and then onwards to 200p+ beyond. Dare I say successful Brexit will see us around 300p. These are dirt cheap at the moment from P/E perspective. GL all.

What a naive comment!! You also seem to only have 3 comments under your name including the Google one...I wonder about your motive. ASOS is far bigger to be brought down by a google keyword issue....4 years ago one of their warehouse was burnt down due to fire, SP went down below 2000. It went on to recover and reach 7500+. Go figure.

World is moving towards online and it will be more and more difficult to keep ASOS down for long. GL all.

It's Daily Mail for godd sake, forget it and move on.

Alos, remember Final Results on Tuesdays, we are likely to report first ever £1b profit for any house builder in this country's history!!

Shorters can play whatever games they like but deep down they know what ASOS is capable of, just look at past 5 years of chart you will know too.

Yeah, way oversold especially next year's guidance is unchanged. A bit disappointed for an unscheduled pointless trading update.

5% lower revenue from CFDs and SP drops 25%....typical overreaction!

Never mind, found out. CMCX have a trading update out just now and market overreacted.

Looks like some news is out re spread betting. PLUS, CMCX and IGG all down suddenly!

Next week my expectation is we will be >£10 (that's excluding divi). I dont know what was the fuss about earlier this week!!

Retired Banker - the penny share trading will go away, let the scaremongers like Cannacard go away. This will come back to normal in a few days time. Until then, patience patience patience.

Skeletor - comparing this with Pat Val is a huge call and you are free to make that call however in that case investing becomes near impossible. I personally think, this is a strong company and PWC (biggest of big 4) as an external auditor should be doing their job properly. Time will tell if I get this wrong but I am in at the moment.

As I mentioned yesterday:

- RNS states debt free balance sheet. 98% cash conversion
- Year end cash c.$300m
- c.$0.61 dividend

I bought another chunk this morning. This will go in my back drawer for medium term. Patience is needed here. Its a no brainer IMO.

People who are spouting this is going down further needs to read the prelim results RNS carefully. Company has "Debt-free balance sheet and high cash conversion ratio (98%)" and also Year End Net Cash is at $315m. Most FTSE companies can only dream of being in this position. Anyone who buys/holds this once clouds are clear would be laughing all the way to the bank at this ridiculous sp. All IMO.

Hong Kong based II increased their shareholding today...they won't give up their holding easily to Ryanair. Let the bidding begin!!

Great results...finally tide is turning. Hope to be in 250s by end of the week!

From RNS, for License P2437 - "Shell would therefore pay 75% of costs up to a total of USD$25,000,000". If you use similar amount for License P2252 where Shell are paying 100% of costs, so let's say c.$32m. So $57m will be paid by Shell which to me converts into c.£50m. This is just my take on the situation.

Amtech - I dont agree. Licenses are so valuable that Shell decided to cough up 3x CLNR's market cap. Wonder why they just didn't buyout CLNR? It doesn't make sense, I am sorry.

Yeah - it defies logic. Either Shell are bunch of fools for paying c.£50m for two licenses work programme from a company which is currently worth c.£20m or I am missing something here. Just topped up :D