Member Info for Paulleydee

Ridiculously volatile

ASOS trading update is 11 Jan.

Shorts down yet again - ennismore yesterday

Shorts also reducing over at asos.

And shorts reducing over at boohoo too

Shorts continue to close. The turn of Qube yesterday.

Featured in tomorrow’s paper…

https://www.thisismoney.co.uk/money/markets/article-12824559/Mike-Ashleys-Frasers-Group-buys-tranche-business-Boohoo.html

If he takes just another 7 per cent he will own more than than Mahmoud and Carol combined…

Something happening here, no doubt about it

Oh what a surprise up it goes again. So predictable.

Shorters are really screwed here

The market reacting really positive to this. Good sign before the trading update.

Lord Kirkham set up what would become sofa retailer DFS from an old snooker hall in Doncaster. He made £450m from floating it on the stock market and other share sales during the 1990s. Kirkham then made a further £400m by taking DFS private, and selling to private equity.

If I was Kamani - with boom time ahead - I’d be looking to take this private ASAP.

Surging profits at primark.

Boom time here.

I wouldn’t want to be short here right now.

Primark making money is no surprise they are a perfect recession business. Boohoo quite similar really in that is inexpensive clothing for the youngsters.

When is next trading update?

Kamani’s ‘boom time’ comment caught on camera last night would suggest stronger than expected results next time round tying in with Primark this morning so this is all win win to be topping up at these levels.

So glad I watched.

Interesting to see the Kamani “boom time” comments. You can see now why Ashley has been filling his boots.

Looks a very slick operation and the fact they are nailing down suppliers is a good thing.

Typical bbc desperately trying to bash a great British business.

I’m topping up tomorrow.

Less than a week on from results and we are now higher than the day before the gloomy update!

It will rocket if they suddenly announce they’ve sold Topshop for hundreds of millions…

We are up for a reason!…..

Panorama said its undercover reporter was told to process a 5% reduction on more than 400 orders that had already been agreed, saving the company thousands of pounds.

And climbing further today.

Https://www.dailymail.co.uk/news/article-12692401/Id-buy-TopShop-bring-like-good-old-days-PrettyLittleThing-tycoon-Umar-Kamani-35-turned-accessory-business-multi-billion-pound-online-fashion-giant-snapping-struggling-brand-ASOS.html