Member Info for JeremyP

The price just got cheaper….they need the cash! Maybe Umar is buying it with Big Mike?

Back in their wheel house for buying. Shorts doing his heavy lifting!

Just goes to show that Boo is in much better health than Asc. Better margins and a better outlook.

Agreed Ableton

Yep retail stocks all up!!

Https://www.dailymail.co.uk/news/article-12692401/amp/Id-buy-TopShop-bring-like-good-old-days-PrettyLittleThing-tycoon-Umar-Kamani-35-turned-accessory-business-multi-billion-pound-online-fashion-giant-snapping-struggling-brand-ASOS.html

Frasers and Boohoo?

Frasers buys Boo….Mike takes Debs and sells the fast fashion brands to Shein? Make sense?

Mike Ashley’s Frasers is in talks to partner with Shein after striking a deal to sell the Missguided brand to the Chinese fast fashion giant.

Frasers chief Michael Murray said discussions about “further collaboration” with Shein were ongoing as he confirmed the sale of Missguided’s intellectual property and trademarks.

I agree also something not right.

Mike wants Debs

Shein wants Boos creative and design capabilities that’s where the money is.

How and why are they working together who knows?

If it can break through 32.69 and hold the next gap is 35.10

You could be right there was a large buy at the bell plus a big UT. Interesting to note that the UT auction was at 33.14 for quite a while.

It will be Frasers doing the buying not Shein

Anyone else thinking Frasers and Shein want to corner the fast fashion market in the UK and US?

GSA down by .10% they’ve lost money since they increased on 13/10

Looks like the dots are joining up!

Https://www.telegraph.co.uk/business/2023/10/30/mike-ashley-frasers-talks-shein-partnership-missguided-deal/

Shorts hard at work here…pumping some dough in to stop the breakout….

No low volume atm! The DMI and WTLB are showing a breakout so fingers crossed?

Breakout