The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Cheers @kYK
And I agree @notout, if they're refused London floatation then there a very real possibility of silly prices being paid.
If the turnaround plays to expectations then, then longer they leave it, the more expensive ASOS will become.
@100notout
This is my thinking and along the lines of something I've suggested myself on here.
Buying ASOS is a drop in the bucket for them, even if they offered x5 the current market cap.
All the brands they would get aswell as a listing on London.
@knowbodyyouknow I've heard this mentioned many times now.
Why do we think the London Stock Exchange is not offering fair value and how in the world do we fix it?
Asos could float over the pond on New York stock exchange maybe?
Imagine
https://youtube.com/shorts/ZmbhTl4aPSQ?si=A_d23BpndgqcQnpi
@professional, there's ALOT said on this board, ALOT quoted all without saying much at all.
Just empty justifications without answering any real questions.
Here we are at 6p.
MM this and MM makers that ha
We will see this fly soon enough, just relax and stop with all the 'researching'.
Tang knows what he's doing, straight as a die that guy.
Things are heating up people..
Asos is said to have received *non-stop
interest" from a range of high-profile retailers,
including the China-founded fashion giant.
Authentic Brands Group (ABG), the owner of
collapsed Ted Baker and Forever 21, is also
thought to have shown fresh interest.
I'm just throwing it out there but, do we not think the customers who are most profitable to the company, are the ones prepared to spend a little more and thus not wanting the cheaper option such as Shein.
In other words, there's a kind of natural footfall according to the customers expenditure habits resulting in people who spend less and want a bargain naturally going elsewhere?
I listened/watched the whole call and still beleive they are making all the right noises.
Analysists could not really tie them up with any difficult questions.
As people here will know, I would like more progress regarding branching out in India as I really do think that will be a game changer.
They reiterated next year to be the golden year of the turnaround many times.
Happy with the results and conference call overall.
A positive day in my books.
The SP and shorts will dance their dance however; the bigger picture here looks healthier and not a place for their short lived games.
I am more than happy to hold here :).
@Knowbodyyouknow @Sj did you catch the conference call?Thoughts?