Member Info for mickymix

Thank you Dan. Totally correct. Only a third of Asos is truly a business because 66% of it is in essence just a reseller of of other brands. And as you say, the 33 percent or so that is the Asos brand didn't really grow at all. When your business mainly comprises selling other brands, alongside Giant competitors like Amazon, you are in a very precarious and dangerous position indeed. Contrast Boo and it's stable - all own brand, all brands owned by Boo, total control, you run the show, not at the mercy of the brands you sell, no competition in that sense from the likes of Amazon and the rest all selling the same brands as you. Give me the Boo model any day of the week and I think investors are beginning to wake up to this. In theory, Asos could, in a very short time get completely wiped out by Amazon, if Amazon so choose. Boo, on the other hand don't face the same threat. I know where my money is best placed and it isn't with Asos. It's right here with Boo. And on that point, I genuinely believe that when this penny finally drops, we will see a huge rerating which I believe will happen rather quickly and I do not think 600p is stretching it at all. That's why the the dollars are now in for the ride too.

As for the administrators, beggars can't be choosers, they will only get what someone is prepared to pay for it, regardless of the pensions deficit. Owt's better than nowt and potential bidders will be aware of that also.

Just the brand name and the customer data is all Boo need, possibly together with a few key members of staff who can bring something to the table. £100 million for the brand? Nah, not a chance. The brand is worth fan all without a competent online driving machine behind it and Boo have just that machine. My guess is £25-50 mill tops and the deal will have to be done super quick because brands perish fast without fuel, just as they have been doing under Greeds 'stewardship'. Yeah right, ran that one straight onto the rocks eh Phil? King of The High Street - what high street? There is no high street, hence no King. Karma.

By the time Boo have cleaned up all the big high street casualty brands destroyed by lockdown, worked their magic and successfully taken them all online, not just in the UK but overseas too, the faithless will look back on when the sp was circa 300p and barely be able to believe what they could have been worth, if only they had kept the faith, if only they had bought in and stuck in. And that's even without Boo going Stateside with a US listing. Add that into the mix and who knows just ho high this could go but I'll tell you one thing for nothing, 300p could seem like pennies!

If these RNSs aren't a vote of confidence I really do not know what is. Just added too as in my book would be bonkers not to.

Really thought I'd have no chance of adding anymore circa 41/2 to my already substantial holdings but this is a gift I just cannot resist. Thanks to the sellers who, for whatever reason, have made this possible. Saved me a small fortune.

Think we might just see a big surge North today. Let's see...

Agreed, after exchange closes for maximum oomph!

Get it squeaky clean, get all the right names with clout and procedures in place, get the share price up, take it Stateside for the next stage of real explosive growth!

Addendum: And with good reason too.

Aww, ST is excited, that's all. Bless. Me too!

Yes ST, assay results first to say there's mountains of gold in them hills closely followed by another announcement to say and the processing plant is arriving next week for us to get cracking on getting it all out!

'credibility questions around fair reporting' - most of those who puff out their little Napoleonic chests and refer to themselves today as journalists and reporters aren't and never have been. Copyists, parrots, shamestream media lackeys, yes. Journalists, no. Hence not a shred of credibility and absolutely no fair reporting. Just a pity a lot of the public still buy into their BS but people are waking up, albeit slowly. My moan for the day, Meh!

Second that Mattyboy backed up with another 25k worth today at between 330 and 333. Any further dips and will be adding in again although sold some bwng to fund it. Not because I don't think bwng will come good, I think they will and still holding but see it as a slower cook.

Agree, would be senseless not to have a plan to increase the liquidity but the one good thing means I can buy still more at sub 300 in the meantime because once the liquidity comes through these days will be long gone.

Indeed Mattyboy, very risky holding those positions given the firm forward footing we're now on. The further the reductions, the further the rise, the bigger our prize. Forgive me, first thing an' all.

The new CEO doesn't hang around does he. Change is being implemented here at a fundamental level and at warp speed. He obviously has huge plans for Amigo, has a proven track record and I can't see he would want to blemish that with a dead horse. He knows Amigo can be turned around big style, further adding to his long list of successes and bank balance to boot. More than happy to ride this out on his shirt tails. This is another Micro Focus in the offing. 30% plus up yesterday and a long way to go. Same coming with Amigo.

Very happy with yesterdays performance and happy to let this ride now while adding to as overall can only see this going North now.

Think £4.00 and the rest very soon dallo. You call it's London valuation mad and bizarre. I'll add massive manipulation to that. Remember the huge spread? Not anymore, now it's on Nasdaq. Should have done this years ago and believe it would be to their advantage if they simply ditched London altogether. The London market has held this quality stock back for a long time. Best scrape it off their shoes entirely and go for the faster run solely Stateside.

I believe he did Sir. I read that as yet more evidence that Boo will be going Stateside for a US listing. Oh, the fireworks with such an announcement!