Member Info for JeremyP

When will this change….

Agreed PDS. Looks like a stalemate. Where will the liquidity come from as no one is selling.

The tip of the wedge is 36.29 if it touches this it will breakout IMO

Agreed! Bankers will get their bonuses for the IPO then short the hell out of it!

Will they list get funds then go on an acquisition trail?

Can’t work out if good or bad for Boo

Shein wants to be seen as a global business and having a Western stock listing rather than one in China would position it differently in the eyes of investors. It would imply greater stock liquidity and higher levels of transparency and corporate governance.”

Shein declined to comment.

PDS any thoughts?

Obviously need volume for any move to happen…

Hi Midway correct the triple bottom is in now. We also have a tight wedge on the daily chart. Let’s see if it plays out but I’m seeing a breakout to 46p (over time).

Shein has been subject to scrutiny from the US, with senator Marco Rubio among those asking the SEC to block its listing.

He said the company needs to disclose more about its operations in China.

Gary Ng, a senior economist for Natixis in Hong Kong, said: “Firms closely linked to China will find it more challenging to comply with US requirements regarding transparency and how to satisfy Chinese regulators simultaneously.”

Reardon how long before Frasers start rocking the boat and asking for a seat on the board and a look under the bonnet of the business? They are after all the largest shareholder. Could JL get the boot and they helicopter in one of their own? Do a REVB to Boo?

Https://www.proactiveinvestors.co.uk/companies/news/1041848/shein-eyes-potential-london-ipo-report-1041848.html

No increase yet we still go down…surely running out of real life selling money not just recycled UTs. Can’t be far off the bottom now. No sign of any big buys or sells for that matter. Silence from the BOD as per…

“Shein has met with Jeremy Hunt” according to Bloomberg. If this is correct it is scandalous given the taxes UK companies are paying over and above Chinese importers!

When investors look under the bonnet they will run a mile!

Bloomberg reported the 30% discount last month. They were saying valuation would be $30-40b not $60b

Shein need this listing for their liquidity.

Total stitch up it stinks to high heaven! Bought nearly a quarter of each business and the SPs haven’t moved….do me a favour!

Up 54% now in two days since Frasers increased their stake! Frasers stake building has done zero here…wonder why??

No increase but we still drop 2.7%….presumably into Frasers wheelhouse now. MMS played a blinder again just recycling at the UT….

2.4M

Where are you looking. It’s nothing like that!