Member Info for Malpenn

Maybe the 2 x 11 Millions buys yesterday were a clue...

2 mins before the buy price was 0.6677 for 100,000 shares.

5 mins after the second trade the sell was 0.654 for 480K shares.

Sell price hasn't reached 0.88 since very first thing this morning...

Interesting to see they retain their "buy" rating to a slightly lower value of £10.00

https://m.marketscreener.com/quote/stock/ASOS-PLC-4003595/news/ASOS-Berenberg-remains-its-Buy-rating-43826588/

..

Some analysts argue that a lot of the bad news had already been signalled.

John Stevenson, retail analyst at the investment bank Peel Hunt, told clients that today's results were "very much as bad as expected".

In the meantime, some followers fret that a new share issue may be in the offing given the expansion in net debt, although the company was keen to play down those concerns today.

And, Asos suggests, the measures it is taking are starting to pay off. Its gross margin in March and April was some 300 basis points (3%) better than in those months last year. That will represent meaningful progress if it can be maintained.

for the increase in headline losses, there are reasons for those too, quite apart from the reverse in sales. They take into account a number of one-off hits including a stock write-off that came to £128.2m and impairments to property values worth some £49.4m. Many of these measures were telegraphed earlier in the year by Mr Ramos Calamonte as part of a big cost-cutting push involving the closure of some office space and storage facilities as well as job cuts. Other one-off factors, such as the postal strikes in the UK, have also hurt.

The good news is that Asos claims to be winning market share among the demographic groups it targets, chiefly 16-35-year-old shoppers.

Mr Ramos Calamonte could also point to a solid performance from the Topshop brand, acquired in February 2021 from the administrator of Sir Philip Green's Arcadia empire, whose sales grew by 12% year on year

Https://www.reuters.com/article/asos-results-funding/asos-does-not-need-equity-raise-says-boss-idUSL8N3772K9

Https://shafaq.com/en/Kurdistan/Kurdish-Ministry-of-Natural-Resources-Welcomes-Cooperation-with-American-Oil-and-Gas-Companies-for-Investment

Two sizable buys... 143,903 & 106,097 shares purchased.

These numbers were listed as sells yesterday I think.. someone is buying everything sold.

Who do you think this placing went to ? It wasn't our II..

But we did have warrants which could have been exercised until a few weeks ago BUT they weren't... amounts very similar indeed.

It's not the recent placement which is holding us down.

Not being returned after a positive court judgment would be a massive set of nail in the coffin for foreign investment..

AP directly credited the President of Zimbabwe for his assistance in this matter.. i wonder why..

I wonder how the government of Zimbabwe can demonstrate to the world this is a new era for mining investment...

Maybe use the VAST story of having their diamonds returned as a massive PR exercise?

Watch this fly up now...NT to buy

Next piece of the puzzle... of course VAST will not return until we have our diamonds back.

Zimbabwe government needs foreign investment to ramp up mining sectors.

https://www.google.co.uk/amp/s/www.voazimbabwe.com/amp/zimbabwe-diamonds-de-beers-mining-invitation/4699827.html

https://oilprice.com/Latest-Energy-News/World-News/Iraq-And-Turkey-Yet-To-Reach-Deal-On-Restarting-Kurdistan-Oil-Exports.html

Blimeyori - In your view the NOMAD has NO function and validation of the RNS content which was released to a regulated financial market ?

Fortunately our financial market regulations do NOT allow for what you describe as VAST staff to put their own spin on things...

https://www.kurdistan24.net/en/story/31307-Delegation-in-Turkey-to-discuss-oil-exports

Likely a buy which helped with this rise...

Also in my mind it cancels out any negative view of the last placing.. the amounts sort of balance out.

Onwards and upwards... VAST 2023

I am saying it's alot better than our darling derampers are making out...