Member Info for KarlTaylor

Exactly, JP Morgan are no fools, they see that Future have stacks of cash and making good profit.

we are in a new age, where advertisers want platforms with trusted brands, there is a more away from newbie social media and influencers back to established media in the form of Future.

Amazing end of play, expect a nice rise back tomorrow:

18-May-23 16:37:28 903.09796 88,800 Buy* 878.00 882.00 801.95k O

18-May-23 16:35:46 944.87702 54,001 Buy* 878.00 882.00 510.24k O

2 large buys together:

18-May-23 15:13:48 885.25 15,990 Buy* 875.00 877.00 141.55k O

18-May-23 15:13:48 885.25 15,990 Buy* 875.00 877.00 141.55k O

In the age of lots of information, have a safe source is now becoming a safe investment for advising money to go.

as such, Future are in a very strong position as people move away from social media and re-invest in reliable brands.

All the sells are being bought, hold tight moving up again

Getting ready to pop, looks like all the sells are being eater, hold tight, next level is in the 6's!

And once it breaks 450, whoosh!

Get ready, hold tight, the big buyers are rolling into town

I also think that finally getting his hands fully on Top-Shop is a big draw.

Plus the established US network with Nordstrom's.

Overall, Mike completely taking over Asos and adding to the Fraser Empire is a great move for him.

Mike Ashley has said he wants to be more in the premium section of fashion (hence his increased holding of Hugo Boss).

And if Asos is part of his move to grow in the premium segment, then paying top dollar fits this, as buying them cheap undervalues the brands.

We could see Anders sell his 26% stake in Asos to Mike Ashley for Anders to focus on Zalando?

Anders has a 10.05% stake in Zalando, so could use the cash from the sale of Asos to increase his holding there.

Will expect more people to start buying an turn up now this news is getting more widely know, and people have sold other holdings in companies this morning.

Been reading through all the buys/sells.

good chunky buys after a long drip of sells, no real sells of worth, and lots of small/auto sells when the price rises to hold things down.

More buys than sells and the price is being held stable, looks like someone is building position ready for news.....

"Following this Series A funding round, which was conducted with an undisclosed valuation, Frasers Group has become a ‘major minority’ investor in Tymit, which has now seen a total of £33m of investment to date.

“This strategic investment into Tymit will allow the Group the ability to continue to pioneer the retail sector and later expand into the Buy Now, Pay Later market – enhancing the consumer experience and providing flexibility across the board,” A Spokesperson for Frasers Group said. "

Sources: https://www.altfi.com/article/10036_tymit-raises-23m-from-sports-direct-founder-mike-ashleys-frasers-group-for-bnpl-pivot

HSBC UK appear to be the main bankers for Fraser Group

Looks like they increased their direct holding, and swaps done via holding instruments

You'll be surprised that actually a lot of funds now track boards due to the power of Private Investors in the digital trading age.

the fact that if just 1000 PI's bought 1000 shares each that equals 1m shares = 1% of the company, which can have a very big impact.

Yeah very good, increase of 1% from 4 to 5.

The RNS from Mike Ashley (aka Fraser Group), is a clear message, buy now or regret later!