Member Info for Nick1234

Going Ex divi accounted for about 1.5 percentage points of today's decline. The rest is due to the declining fiscal position both here and in the US. Huge government debt needs addressing at some point but everyone keeps burying their heads in the sand, and indeed adding to it. Bond yields jumped again and are a viable and safer alternative to shares like BBOX which are laden with debt. A high inflation, high interest rate environment with little or no growth is bad news for BBOX and other REITs. See also British Land which reported today and didn't deliver anything to get excited about.

Still a lot of value here. Hoping that the gap to the NAV will start to close as interest rates reduce. And the income is pretty strong and regular.

I've sold this morning for a 12.5% profit in a month plus the divi.

I'm expecting a pullback soon and may re-enter if the price is right as in the medium term I think this offers good value and solid income.

21st May is FY25 results and Q1 26 trading update.

Another superb set of results. This company goes under the radar but always delivers.

Would like to see another buyback at some point or even an interim divi but they do reinvest funds back in to the business well. Happy to stay invested here

"Analysts at Shore Capital Clive Black and Katie Cousins upgraded Boohoo to a 'hold' rating on Wednesday after its shares fell below the broker's 'fair value' target of 21p.

They wrote in a note that a 35 per cent Boohoo slump since the broker downgraded the group to a sell rating in November has led them to 'revisit' the stock.

'While we believe that the group could face challenges from a tough macro backdrop, the focus on the Debenhams model could yet provide a more sustainable solution, for which further details are expected during the full-year results,' Shore Capital added.

Jds15, most companies now buy cyber liability insurance to protect them from data breaches, ransomware attacks, business interruption losses following a hack, cyber crime and the like.

Losses can quickly run up, especially for a large company like M&S which will hold a lot of customer records. Potentially, all the people affected by the breach will have to be notified of it. It's good that the regulator has been notified promptly, that will reduce the chance of a large fine.

Freezing the tax thresholds is absolutely scandalous and should never have been allowed. It is a disencentive to work and ambition and punishes the poor, low paid, part time and pensioners significantly.

Interestingly, Reform have said they would increase the personal allowance to £20,000.

Further bad news from the luxury sector today with poor results from LVMH. I've not delved into their results too much but remember they own Tag Heuer, Hublot and Dior watches.

248p is my prediction.

The worry is the fall in Like for Like sales. Growth has only been achieved due to store openings which can't go on for ever. Increasing pricing is tough as it will alienate their key market who are price sensitive. Concerns over UK economy/UK retail remain as well as the increased costs from NI and minimum wage increases. Investment in the business is key. I would like to see more of a push overseas too. Hopefully the new chief can provide clarity going forwards.

Would a buyback be instead of the special divi or in addition to?

Overall, I'm bullish simply because the share price fall was overdone. 50% increase in the share price would be fair value IMO.

Trump has handled this whole process appallingly. At best he is incompetent, at worse it's market manipulation. Not fit to be POTUS.

I've bought back in at 509p after 18 months out.

Hoping for a combination of divi income and share price growth over the next year.

They should be ramping up the buyback at these prices.

I'm not getting too excited just yet, there's been plenty of fake-outs recently. But one day it will be the real thing and the SP will motor.

I'm quietly confident.

Good read and all positive. Glad I topped up at 70p.

What is meant by "we are exploring a potential change in listing?"

If there wasn't a problem, then a simple RNS along the lines of this would suffice: "ASOS notes the recent share price weakness and knows of no reason for it. Performance remain in line with previous guidance."

Other companies have previously done this. The silence is deafening.

Great to see the RNS this morning. Whilst the sums involved aren't huge it shows that the business is generating surplus cash and it will also keep the shorts at bay. Nice to note that growth opportunities are still being explored and will be prioritised.

The divi is small compared to its peers, but those companies aren't growing anywhere near as fast (if at all).

The divi will grow in time, but in the meantime, I'm happy for funds to be used to grow the business.