Member Info for Paulleydee

At these depressed share price levels, I’m convinced that a bidder will appear. Anders Holch Povlsen, Danish billionaire owner of ASOS, owns a 27% stake in ASOS and it has previously been suggested that he could combine the business with German online retailer Zalando.

Alternatively, AB Foods’ discount clothing business Primark has no online operation, for example, or a private equity bidder might look to streamline ASOS. With both ASOS and Boohoo shares trading a ridiculously low levels, either could be an interesting option for a predator.

The pound has tonight fallen to its lowest level against the US dollar since 1985.
A US takeover/acquisition is now inevitable while the SP is this low.
I think ASOS will certainly get bought. But at 45p, Boohoo takeover is a no-brainer, especially now Boo is all over the US and UK media with the Kardashian PR.

The pound has tonight fallen to its lowest level against the US dollar since 1985.
A US takeover/acquisition is now inevitable while the SP is this low.
Crazy.

This is immense

https://www.nationalworld.com/news/people/kourtney-kardashian-boohoo-3833311

Massive PR and huge sales from this, great PR.

A company in trouble? I don’t ruddy think so!

Absolutely ridiculously priced at 45p

Crazy.

Daily Mail today. I firmly believe Boohoo or ASOS will see a takeover challenge soon. If not one, both…

https://www.thisismoney.co.uk/money/markets/article-11178973/British-retailers-increasingly-viewed-takeover-targets.html

Daily Mail today. I firmly believe Boohoo or ASOS will see a takeover challenge soon. If one one, both…

https://www.thisismoney.co.uk/money/markets/article-11178973/British-retailers-increasingly-viewed-takeover-targets.html

every board? I've posted it on TWO boards. Problem?

This morning's Mail on Sunday:

https://www.dailymail.co.uk/money/markets/article-11020239/City-sources-Deals-bonanza-hollow-FTSE250.html

This morning's Mail on Sunday:

https://www.dailymail.co.uk/money/markets/article-11020239/City-sources-Deals-bonanza-hollow-FTSE250.html

The press now picking up on the significance of these 5 per cent chunks being taken off the table.

Wouldn't want to be short on this right now. Definitely something at play here...

https://www.manchestereveningnews.co.uk/news/group-owned-billionaire-who-funded-24410754

And remember the rumours about Kamani being utterly frustrated with the share price and wanting to take it private again?
I think there is something at play here and he’ll work with private equity and surprise the market…

Means existing shareholders could be offered around a quid a share?

https://www.thisismoney.co.uk/money/share-investing/article-10555387/STOCKS-WATCH-Share-plunge-sparks-talk-Boohoo-private.html

Big news this. Interesting things happening here,

https://www.business-live.co.uk/retail-consumer/group-owned-one-worlds-richest-24410972

There has been fairly recent rumours he is mulling this over with "no comment" from head office.

https://www.thisismoney.co.uk/money/share-investing/article-10555387/STOCKS-WATCH-Share-plunge-sparks-talk-Boohoo-private.html

The family must own around 15/20 per cent privately already?

Easy for him to do this now.

I think he will.

I think the chairman is eyeing a deal to take the firm private.

Kamani will team up with a private equity firm.

Mahmud will be frustrated that the shorters are driving his business down.

And things are happening which suggest a deal is being put in place.

This morning we hear Camelot Capital Partners has acquired a 4.59% holding in Boohoo.

Camelot Capital Partners also holds about 7.2% of the ASOS.

T. Rowe Price Group, Inc. is the second largest shareholder in ASOS and is of course the second biggest holder of Boohoo.

Something definitely at play here.

I think all will become clear very soon.....

Massive, easy takeover target

https://www.business-live.co.uk/retail-consumer/boohoo-shares-snapped-up-investment-24310207

From today's Mail on Sunday 'stocks to watch' section:

It is hard to believe there are firms left to buy on the London Stock Exchange but Peel Hunt analysts a mergers and acquisitions frenzy.
Offers 'seem inevitable' as the market loses value.
It comes as 14 proposed and announced offers for UK firms have emerged within weeks.
Weaker sterling will also 'increase appetite from overseas'

"This could be time for value hunters to sit pretty, waiting for another firm to pounce."

Absolutely certain of it at this level.
In today's Mail on Sunday, they quote Peel Hunt analysts saying a wave of mergers and acquisitions are coming, in fact they anticipate "a frenzy" of M&As.
Offers 'seem inevitable' as the market loses value.
It comes as 14 proposed and announced offers for UK firms have emerged within weeks.

"Weaker sterling will also 'increase appetite from overseas' This could be time for value hunters to sit pretty, waiting for another firm to pounce."

From today's Mail on Sunday 'stocks to watch' section:

It is hard to believe there are firms left to buy on the London Stock Exchange but Peel Hunt analysts say the next mergers and acquisitions frenzy will be among small caps.
Offers for those outside the FTSE 350 'seem inevitable' as the market loses value.
It comes as 14 proposed and announced offers for UK firms have emerged within weeks.
Weaker sterling will also 'increase appetite from overseas'
This could be time for value hunters to sit pretty, waiting for another firm to pounce.

From today's Sunday Times

https://www.thetimes.co.uk/article/all-change-at-the-top-for-new-look-and-asos-q8q2ttv2s

Bloomberg...

https://www.bloomberg.com/news/articles/2022-05-31/asos-likely-to-be-in-calmer-waters-after-ftse-250-index-entry