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Any decent size of buying and the price jumps up, this is now a good sign. Seems like any volume that can sell has, and now we have holders and new buyers.

Can see this nicely rose into the 1700's over a few weeks.

As you can see in Asos own statement, they did more at large purchasing last quarter to have plenty of merchandise to sell over March to June 2022, as such they will have a market dominant position with products in hand.
As the market is forward facing they will see the massive benefits now and want to get while still cheap. Those shorts will need to close soon, they know they have days at best at this low price point.

Looks like bottom is here, and the price has consolidated

Next trade update is July time.
The shorters are desperately trying to bring the price down, looks like they have been caught the wrong side of the trade and price due to naturally rise back to 1600s fast. Watch as the shorts try and close fast last time this will be down here, and they way back up now :)

Yeah if you read the trade statement from Asos it says they overspend on inventory in Nov 2021 to Feb 2022 to have lots of stock on hand and coming through production so that they are not as affected by market constraints.

This means they will have a larger increase in profits margins for the period of March to June 2022 with spring and summer clothing sales

Looking at a fair value cost, based on their average run rate revenue being £4b, the kind of cost per share should be currently 1920.
Looking at their H1 trade statement, they say the period to Feb 28 2022 had reduced profit as they have purchased lots of merchandise with a forward view of Spring and summer 2022 sales period.
As such the trade statement due in July 2022 should indicate with increased revenue they will have even better increased profit as they had done the spending in the period before (Nov 2021 to Feb 2022).

Overall price target from now to June should be in the region of 1850 to 1920

DYOR GLA

Seems like both shares got a final shake to see what weak hands are about.
Looks like they will both bounce going into next week and the start of the spring and summer clothing sales period.
Expect both to climb about 30% over next couple of months

Wow bit of a dip this morning, what's happening?

Compared to historic price this is a bargain.
Add to it have less high street competition going into this spring and summer clothing sales period.
Seem to be clear of most if the worst market affects at the moment, and they have more stock in hand to ensure they have plenty of product and not constraint by production bottlenecks.
Very well established brand, with a loyal client base, and cone out of 2020/21 stronger and ready for a new world.

I assume a bounce in Boohoo will potentially mean a bounce for ASOS was they are so market aligned?

Yeah, looking at the other bounces, once the tree shaking has finished this fast moves back to 1600's region.

Looks like we are past all the bad news, and the forward looking market can now see that Asos are in profit and still growing.

Nice got weather means new outfits and judging by my neighbours there is a lot of Asos purchasing happening.
Looks like major sellers done and the shorts need to close book soon so that will push things to where they should be in the 1800's over the next few weeks

Looks this has hit floor, good time to buy and hold, tons of upside potential now

Price has consolidated and a strong flat. That last large sell didn't dip the price and was a nice balanced bounce as the price has now become stable.
Dividend on the way. Ex date of 19 May. Glad to see a dividend payment on a share at these times, nice to know investment gets a direct benefit and payment.

Funds moving in to get shares with dividend coming in the next couple if weeks.

Wth the rest of the market in free fall, having a stick that is stable and a ex dividend date coming in a couple of weeks is a welcome place to store money.

https://www.defenseworld.net/2022/04/18/strix-group-plc-lonketl-receives-consensus-recommendation-of-buy-from-analysts.html

Yeah, move pressure down, and people are trying to cut positions to avoid further lose and pick up at the moment.

They are providing consistent profits and dividends.

They have a dominant position in their market, and their growth into water filtration that removes micro plastic is massive.

In a market of uncertainty, have a strong share with a dividend is a blessing

https://www.stockopedia.com/articles/strix-passes-these-three-dividend-tests-267328/

2 options:
A) Pay off the loan fast, as the government can and have indicated they might sell off the loans to private finance, which means the interest could be jacked to 5% constantly.
B) take a slightly lower paying job to reduce loan commitment and reduce spending e.g on clothing, to make sure that overall in a better financial situation

Nah dog the markets are gonna drop like a heavy hoe today