Member Info for JordiMendes

When is the update Windsor?

Could easily drop on results, but hopefully not as I am fairly heavy in this.

Be interesting to see how much progress has been made as this has taken way too long.

Agree Matt, a 300p target is not ideal at all. I do question the jump ay Boohoo compared to here albeit the sp is still very low over there too. I know this is Asos chat, but anyone in Ocado or Capita? Bought a few Ocado at 190ish and have a load at about 260 in Capita (forget exact amount due to consolidation). Hopefully Capita is close to where it should have been ages ago. The turnaround around has taken a ridiculously long time, which unfortunately seems like the same picture here.

Aim will know

Shorts very low. I missed the rise here as sold out a while ago. Shame for me but fair play to anyone that got in just before results. Anyone in Asos as well?

How many had boohoo shares then? I did have a few a while ago but sold so missed the recent jump unfortunately

That said, doesn't really matter when the sp flies. Boohoo was and still is stupidly priced. 18p is mental.

Great news, absolutely flown today. But really depends on the write up. Hargreaves Lansdown put:

"To be clear, the group remains loss-making. A nearly £40mn equity raise in 2024 means the balance sheet’s in reasonable health for now. It’s also provided some breathing room while the CEO Dan Finley, executes his strategy change.

Tensions with its largest shareholder (Frasers) remain high, causing boohoo to push through a new management compensation package without shareholder approval. Alongside a murky track record of labour exploitation, elevated corporate governance risks are something for investors to be aware of.

Despite the pivot in strategy, our concerns about Boohoo haven’t disappeared. We’ll need to see key customer metrics, sales and profits trending in the right direction before we get too excited. The lowly valuation may look attractive at face value, but it reflects the major challenges ahead, as well as a competitive retail market."

Larcos, you're losing the plot now 🤣.

I get you called this right and some on here thought the current sp was impossible. It's priced to fail, Asos need to show that they won't fail.

The inventory issue was terrible mismanagement and a lot of the blame falls on that, however obviously huge competition from Shein/Temu etc. The lack of foward guidance isn't great at all, but the refinancing is positive and when the credit insurers reinstated cover. Asos say themselves they are at the last bit of their turnaround plan, so let's see if they actually do it.

£12 close today

What does everyone reckon come results then?

Https://www.proactiveinvestors.co.uk/companies/news/1082949/asos-banks-margin-gains-as-it-nudges-back-towards-growth-1082949.html

Ammu

I'm up nicely in Capita, whilst underwater here. I do look at the Capita board most days, but because I got in so low there, I'm extremely comfortable. With Asos, I'm contemplating about buying more to average down. I'm in other stocks too that are doing ok (ish). Asos is definitely the one where I need to make a decision though. My holding is a lot smaller than Cpi, but still a reasonable amount of money to me and it's obviously not great being so under water. So probably why I'm commenting on it most 🤷‍♂️

Berenberg have had a 600p target for a while. I'd still be underwater anyway 🤣🤣

Tbf, Asos has been a poor pick for me so far. Capita has been great, got in at about 13p (old money).

Hype, hype, hype!!!!!!!!

My average is £6 something so need all the help I can get. We already pretty much know what the results will be, I'm just hoping the refinancing lifts this a bit. As stated before, Asos have so much competition, I can't see this climbing to past highs but an sp in the 200's is too low. Could easily have seen it fall to the 100's the way sentiment is/was but I'm hoping we might get closer to 400p before too long.

I'm really heavy in Capita so that's the one I want to see climb the most.

Guess that will in the reuslts Baz.

Going to be a Friday. Dunno if burying bad news on a Friday is a thing any more.

Yes, thanks for that vorajav. Will listen properly another time but the sentence "that division alone we think should be worth 900 million" (or words to that effect) is interesting.

£2.50 p/s buy out Larcos?

Did a while ago and they said to register for alerts which I've done. Will get an email when they put the alert out. Will obviously be on their site too