Member Info for lloydyboy

Same boat Ggg I have another trench to buy at some point today then I’m screens off until Thursday when I will get out my pit at 7.45 and hope for the best.

Worst case the CEO has to go if results are bad as it will demonstrate his change agenda is too far from turning the ship. I personally can’t see that happening. It does beg the question, is ASOS outrageously cheap at this point in time. I’m betting 50% of my portfolio that it is.

The etail market is trending in the same way, Boohoo is 4.5% down today, ASOS will lead the way off the back of the results next week. With all the hype the CEO has given in the last statement, to not begin to deliver in the Q3 would be employment suicide. Less than 2% now in free float, rightly or wrongly, I will take as many as I can down here. The talk of admin is just silly. The business assets are worth £700m on their own. Get with the programme.

It is an absolute joke.

Yes that is ironic that he has got what he wanted at the lowest price available in years.... I guess thats why he's the billionaire and the board are just employed chimps. He must have saved a fortune. Probably pick up 15% to 20% now at the same price as he would have paid previously.... LOL

He takes 10% and gets voted onto the board, I really do feel he could help ASOS achieve their driving change agenda quicker with him as a strategic partner. I just feel the board may be conflicted with the other significant shareholders. I don't necessarily see Frasers as a bidder, but they can clearly see ASOS as a value add to their portfolio.

Yes every chance of that, as H2 has been promoted not Q3 but green shoots need to be seen in Q3 or the driving change agenda will be know as driving into the ground agenda.

With about 20% of shares in freefloat, the manipulation is clear....

- you have big holders buying, evident with Frasers Holdings going up, wanting to buy as low as possible

- you have shorts reducing, they need to buy back shares for as low as possible

It is much easier to push the price down on the sector with the economic factors and terrible results. I want to see this change for the better in the run up to results, from tomorrow onwards.

You are an idiot Neil. It’s not even close to admin you moron

It’s not random dates. Contact investor relations and verify yourself if you are that keen to know. I asked them and they told me.

Yes should’ve had a comma, my bad.

If Fraser group are going into self preservation mode to secure a seat and stop a Povlsen buy out. It also wouldn’t surprise me if we got suspended imminently due to polvsen showing his hand, preventing Fraser group from hitting the threshold.

I don’t see the Asian and shein, alibaba thing coming off due to the UK red tape. But that’s another argument.

The update will be be in 13 days.

No trading statement 2 weeks from yesterday. From investor relations

Neil terrible post

Are they looking for a seat on the board? Can be put to the board at 10% or over from memory.

On the percentage of shares in retail hands now? Go to be pushing 75% with II's and Major Shareholders now.

The negativity around the last results was nailed on... The forward looking statements and strength in belief the BOD put into H2, with results just 2 weeks later, they cannot be that stupid to put so much emphasis on it and then miss the goal? Surely that is not a thing. Last results were proper kitchen sinked as well....

What we really need is to be in profit for Q3 that would be enough to get the company growing again. The CEO said a return to profitability in H2 let’s see what comes of it. I hope he knows what he’s talking about.

Well you better not be long, sell if you dont get good vibes, will have zero impact on anything

Cheers Bladey appreciated. All interesting food for thought. Fact remains…. ASOS is too cheap