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It gets a mention, is highly likely to receive a bid or be taken private is ridiculously undervalued so the sp should do absolutely nothing today.
FTSE 100-350. Are 1-1.5% lower.
ASOS is nearly 3.5% lower
It’s a dog s—-t stock. I don’t know why I’m still holding.
Down 3% today. My worst performing stock, on what?
Too many large share holders too few private PI’s
It’s clearly not straight deck of cards
Imho of course
Indeed, BOOM! Unchanged, to be honest after yesterday hanging on to that increase will do.
That’s right when the bid arrives, milk and honey!!!
Seeing we’re now negative I guess boom time is postponed until after lunch.
It’s ramping Wednesday!
With bid rumour’s from M&S @ £9 quid cash and share offer the sky’s the limit!!!!!
I can’t argue with that, I’m all but ready to dump this stock and take the loss.
Boohoo up asos marked down on nothing and on minimal dealing.
Someone’s taking the p@@s out of all the pi’s
Having read it it’s more neutral than positive.
It states what we already know.
The proposition 1 of the major holders decides to sell and the others don’t step forward to buy stretches credulity.
They will be picked up no problem.
The idea the 3 major shareholders will sell to shein is laughable. 2 of them want control the other kingmaker and £££££
Imho MA knows he’s probably 2nd to Povlsen in fight but he wins either way.
Taken private is the most likely outcome but Povlsen will be forced to pay the premium we’re all looking for.
How do you mark this business down 2% when 7,000 shares have traded?
I’d be keen to hear the justification.
Decent inflation outlook news, ok so ftse down 1% ftse 250 2% but asos marked down 3.25%
same yesterday, marked down heavily most of the day closes unchanged.
Even the revaluations from brokers still have the sp way ahead of todays number.
Nothing changes my mind that the market makers are dealing from the bottom of the deck.
Luckily you can pick it up even cheaper this morning.
It’s a precursor to a 10 point drop!
I would ignore this transaction it revolves every few days.
I think most investors realise if the ts brand were sold even for a great price it doesn’t necessarily translate in to current sp+
The fact is historically when braking businesses up a lot more value becomes apparent.
Odd quotes on here like jewel in the crown are comical. ASOS SP was much higher before any TS acquisition.
Ultimately you either believe asos has some kind of future close to its existing model or you don’t.
The shorts have it as a failure or almost. I think it has a future with its cost base under control and its debt dealt with.
Someone will be proved wrong
The problem with your view is the idea TS would only have 1 bidder.
Clearly there are many interested parties so whilst ASOS position maybe shaky depending on your opinion, it’s irrelevant if you’ve hit a bidding war for the asset they are selling.
Imho if they sell TS it will be for a significant price and definitely more than they paid for it.
I’d say it’s circa 8 million assuming it’s 7%
I can’t see any accurate short tracking data the last few days.
This jump today is still on low volume.