The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Simon the shorter is back Zzzzzzz
Agree...2 years from now ASOS will be in a much better place, even a small raise off 20 quid a share would be understandable then.
Note bondholders can only convert at 79 quid a share so unless SP is higher can't see that happening.
Bond was issued to fund Top Shop in the main so arguably was a good use of funds assuming Top Shop value in 2 years time ie much higher than what they paid for it I imagine given the progress it is making.
I think 15 quid by Xmas here.
Turnaround confirmed and profits on the horizon..
Did nobody read the trading statement FFS the turnaround is happening.
Yes the Next and M and S turnaround plans never worked.
Your posts are dire.
Ask me a week on Wednesday.
Won't be down here.
6 quid - give your head a wobble.
Start of a few positive RNS's today.
Mortality - I think you would be better off keeping a close eye on your short old fruit.
Toast.
Mikehr they have previously said revenues begin to grow again from 2025.
This is an outstanding RNS imo.
Excellent update, no drama and profit now firmly on the horizon.
I think it will do between 10 and 20% up tomorrow, read between the lines on linkedin and all the new social media info.
Join the dots!
This is excellent news - thanks for the link.
My daughter is 25 and regularly shops at ASOS and retains pretty much all her purchases, she is a premium customer and never has any issues and says the customer service element is exceptional v competitors.
She follows ASOS on Tik Tok/ Instragram etc and mentioned they have a new influencer campaign she thinks is really cool.
Agree - access to a 1.4 billion population has passed the market by..in 2021 that would of put 20% on the SP.
Bought some more on the back of this and improving macros.
Still think over ten quid by Xmas.
Given the trading update will come in March (as per the Finals RNS) it is a v dangerous game to be short here now.
Particularly when a director has just bought 2 million quids worth!
Joining the dots says the turnaround is working..
RNS - same director just bought more!!
This is the beginning of a 2 year bull run on ASOS.
Yes but they have said trading update before results in March.