Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I can’t recall boohoo and asos ever getting to the high we saw ever before and then drop to these levels and go back to the highs again .
Shorts are much better investing then ever before they have sophisticated software which they have invested millions in . Which is far superior then a human have a look at some charts and making an educated guess .
Https://news.sky.com/story/amp/mike-ashleys-frasers-group-now-fourth-largest-shareholder-in-asos-12729176
I think the price was around £549
The price has not moved much . If Fraser group are buying I Dnt expect the price to high until they have finished if anything abit lower .
If shorts are closing then we will know soon and this should see a nice rise .
I just Dnt think shorts with all the software they invested will sit like a duck and leave their investment while it rises .
I think if we had followed shorts we would be in a handsome position .
Tread with caution usually when you think this is about to fly it dose the opposite .
Need a reduction in shorts as a sign .
Shorts use AI and algorithms yes occasionally they get it wrong but most of them time they correct . The software learns from its mistakes .
If this is going to go up , a reduction in shorts would be a good sign .
Until then ? Who knows
Https://edition.cnn.com/2023/05/26/business/shein-reliance-india-return-intl-hnk/index.html
If the price goes low buyout offer will come in and this will rocket . Look at thg.
If shorts drag it down it’s only a temporary reflection of the market as a whole and they are just following the trend using expansive software and algorithms.
https://www.fool.co.uk/2023/04/25/can-the-boohoo-share-price-rise-665-to-395p/
If I was to trade now in this time I would not be looking at long term investments it would be in and out a few days at most , or day trading . Win or lose . It’s safer .
IMO everyone is here to make money with their hard earned money so act with caution and Dnt get stuck .
Give it a few years , if the market dose not crash/ww3 , we might be ok . Nothing unless a buyout will rocket this . Boohoo owners are not known for selling so unlikely. ASOS more likely to rocket from buyout news.
You could sell temporarily and buy other shares and jump back in I Dnt think the price will shift all that much . This has a pattern of hitting 60p loads of people buy in then it drops back to 40s 50s.
Boohoo owners are rich so it’s not going bankrupt.
Markets are very vulnerable and all shares reflect this .
China looking to dominate and crash the USA dollar currency wars may put shein in a good position .
USA laws keep shein and china in a weaker position, recent moves by china with middle east and Russia is propelling china to a new world order .
Would be nice to see the uk get behind boohoo and use them as an advert for foreign investors.
Mistakes happen when starting new businesses, boohoo was relatively new and was published rather hard .
They have taken every step possible to put things right , at what point to we applaud this and get behind them . What message dose the uk want to send to foreign investors ? The media has a big role to play to correct itself in the message it’s puts out there .
More UK companies are drawing up plans to shift their stock market listings to the US, bankers say, in a growing exodus that threatens to undermine London’s effort to reinvent itself as a vibrant hub for global equities.
CRH, the world’s biggest building materials company, on Thursday became the latest business to seek an exit from London, following in the footsteps of gambling group Flutter whose shareholders are due to vote on a secondary US listing in April.
Boards of other companies are discussing similar moves, drawn by a larger, deeper market, higher valuations and the prospect of a government willing to spend hundreds of billions of dollars on infrastructure, according to senior investment bankers.
The string of departures and prospective moves from London underline the UK’s difficulty in attracting and retaining companies, despite the British government’s attempts to reinvigorate the City and lure businesses away from rival exchanges. Executives see the US as an environment that embraces higher growth, while they bemoan the lack of interest from UK-based investors in their home market, particularly pension funds that have increasingly shunned British stocks over the past two decades.
“There are no domestic equity investors here — everything else is a symptom,” said Michael Tory, founder of advisory firm Ondra Partners. “It’s not about the listing rules, the governance or the free float requirements. Global investors look to domestic investors for the signal to validate the investment, and that local signal has simply flickered out.”