Member Info for Paulleydee

Many saying the lack of insider stock purchases since the latest announcement is telling. The lack of buys hints that company directors are not allowed to buy at the moment due to sensitive market information which would either mean a takeover bid has emerged (Mike Ashley has gone from being very vocal to very quiet) or a sale of one of the boo brands is imminent, really strengthening the balance sheet further.

Ridiculous spread on IG again, sell 21.9, buy 23.5

Good to see you back on here FED

So in the end no profit taking dip and ended up nearly 58 PER CENT

One would think a HUGE story yet very little mainstream media coverage!

Why?

Any whiff of downbeat sentiment sends the telegraph into huge articles on the demise of debs/boohoo yet when this huge story happens today nothing. Nothing in the mail, tabloids - zilch.

Odd isn’t it ?

Let’s see what 8am brings

Weird spread now on IG, it’s been tight all now but now 15.90 sell / 16.90 buy!

Now up 39 PER CENT

Absolutely holidayfund, to have achieved this in the current climate is quite something

For weeks you have only been able to get an at quote price not on exchange

On IG it has been in auction for ten mins since going up 20 per cent

Wonderful rise this morning.

Very clever what they are doing. I was having a chat with one of their brand directors earlier on this year and basically they are becoming a 3rd party platform like eBay or Depop or vinted or Amazon FBA so they have no stock holding themselves and they effectively market the product and have brands selling on their website..Which is very fashionable. Tesco and B&Q and lots of others have done this because it means you have a huge range of product without any stock so it’s very profitable.

But also clever move today in almost taunting Mike Ashley. They know he desperately wants Debs as missed out first time round, but coming out today saying well WE are Debenhams and the turnaround is going very nicely indeed thank you very much, so you have your 29 per cent now either put up or shut up!

So will he now make a move and offer? Or stay quiet like he has for a couple of months…..

Mike Ashley is heavily down on his investments into this and boohoo.

What will he do? Make a move?

Yes new comments today

Panmure Liberum analysts - “the firm is in dire straits with a declining asset base and a mountain of debt".

Asos making operational progress, says Berenberg

Asos has completed a refinancing which Berenberg says improves the free cashflow outlook and is proof of operational progress.

Analyst Anne Critchlow retained her ‘buy’ recommendation and target price of 600p on the online fast fashion retailer.

It has completed its refinancing ahead of its full-year 2025 results this month, extending its credit facility to November 2030.

‘The new facilities with a syndicate of private credit lenders replace the Bantry Bay facilities, which were due in May 2027 with an option to extend by a further 12 months,’ said Critchlow.

‘We understand the new facilities have reduced the interest rate by several percentage points, versus our estimate of 10.5% previously.’

She calculated the cash interest cost is reduced by £5m a year and said the deal is ‘a positive development under new chief financial officer Aaron Izzard, and the lower interest rate reflects the operational progress made by the company to date’.

IG has been showing a 12.80-13.20 spread for about a week now. Just does not budge.

When I tried to sell a few I’d bought at 12p yesterday I tried first on exchange. Wouldn’t go through even at lowest point of spread 12.8

I then kept trying all day on ‘quote’ but it just kept saying no quotes current available. Same today.

So I’m stuck with ‘em!

I’ve noticed last week or so on my platform IG you cannot buy or sell normally on exchange you have to do it “at quote” and usually boohoo comes up as a phone symbol constantly in auction or whatever it is, not sure what is going on.

Everything else is fine.

Tullow now in auction ! Could we hit 10 magnificent pennies!

So as it stands we are now UP more than it went DOWN yesterday.

Rollercoaster.

Share price stuck at 11.8/12 for a few days, just not moving either way.

Very large spread

Tried to sell a few this morning on some I picked up Friday just before close, IG not accepting any sells even if I reduce sell price to lower end of the spread

Weird.