Member Info for Paulleydee

What the hell is going on

Concerning there is no RNS saying full uptake on the cash raise

"balance sheet is stable, with the business moving into FCF generation“

https://www.proactiveinvestors.co.uk/companies/news/1087463/boohoo-slips-but-fundraising-plans-well-received-1087463.html

Https://ww.fashionnetwork.com/news/Boohoo-debenhams-group-confirms-plan-for-35m-fundraise-says-recovery-is-on-track,1808084.html

I agree. Seems very iffy to me. Plus the fact the “let’s think of a number” they’ve plucked out the air is a big round 20.

Poor journalism. And utter baloney.

It’s in line with what we have already been told.

Yes REVENUES are down but losses are narrowing and they are happy with the turnaround…

https://businesscloud.co.uk/news/asos-revenues-down-but-losses-narrow-during-recovery-period/

All very odd.

Boohoo only dropped 2 per cent in comparison

Been in auction now for ages

Well it’s up over 5 per cent again today. A handful more days like that and you won’t be far off that 50p.

Low value of sterling usually attracts foreign interest. There were rumours a year or two ago Nordstrom was named as a potential buyer, in line with the recent trend of traditional brick-and-mortar stores buying or building stakes in pure online players.

I have been thinking exactly the same

Barker now in cahoots with Ashley - fed up of this just lingering. Bid being prepared, hence they don’t want the company buying big chunks of shares.

Interesting on the back of this the SP rose this afternoon

I’ve just read the RNS, would why they shelve a share buy back plan?

Thoughts?

So what percentage does he own now? It had been 15 per cent

And what is Ashley’s holding?

Is there a chance they are in cahoots building together for a bid to take the company ?

Https://simplywall.st/stocks/gb/retail/aim-debs/boohoo-group-shares/news/are-investors-undervaluing-boohoo-group-plc-londebs-by-45

Boohoo up over ten per cent today.

I feel like anything could happen with that one although now feeling more positive that’s firmly on the up…whereas here at ASOS it just feels totally stuck.

And to think they turned down an offer for a tenner a share. And didn’t bother telling us shareholders when it had happened.

Https://www.bbc.com/news/articles/c997e2vrzz7o

Hmm. Hardly any press coverage today after the odd ‘after 9’ RNS.

Not exactly the huge rise we saw over st Debs Reardon, but at least it didn’t fall.

ASOS suddenly ticked up a lot

If the SP continues on the up, a chance we will head back into the FTSE 250?

To have a far bigger market cap than asos now is quite something.

Completely agree with you on that one FED. I’m two years older than you. Older but not wiser.

Stupidly invested in this and ASOS, I’m about half way to getting my money back on both.

I guess I’m like most, decent salary 65k, no real outgoings as paid the mortgage off at 40, did well on the London property rise.

Got out before Rachel from Accounts came along. I could buy that London flat back now in Pimlico for about 150k less than what I sold it for in 2023.

Which psychologically makes me feel slightly better about my 50k loss in asos /debs.

At the point I had lost 80k I was rather depressed but obviously the last week has helped. I sold a load today. But still have 31k in debs