Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A J Bell comment today
The head of financial analysis at AJ Danni Hewson says “ the final score in the fight between the two fashion and beauty greats is Boohoo 1, Revolution Beauty 0”
“At 26.6 per cent owner of the beauty firm, boohoo has shown it is not someone to mess around with!”
FTSE up 0.4 per cent
ASOS up 5.4 per cent
Or maybe the Turks are about to bid again
Online retailer Zalando also jumped 10%, by far and away the best-performing DAX 40 constituent. Zalando rose in a positive read-across after smaller peer About You, also listed in Frankfurt, soared 33% on a well-received trading update.
Joining in on the rally, London-listed online retailer Asos jumped 7.6%, and boohoo rose 2.9%.
This has a lot further to rise IMO, and will happen very quickly and this is before takeover rumours begin again.
Do you really think interested parties are walking away?
No.
Look at THG. Up 58 per cent over the last 4 weeks….
Ok so the whole screen red but most I see down 1 or 2 per cent. This piece of junk down 7 per cent
We need the Turks ASAP!
What an utter mess
Quick sudden drop then quickly back up.
Odd.
Now that it’s hit this price again I’m certain of a takeover approach
Ridiculous share price
Huge publicity today across us media about some new spin off site asos has launched
Seems to be getting big PR on all the local and regional sites and I was driving through the midlands and even heard some local radio dj chatting about it too.
https://www.asossamplesale.com/
Feel the same.
Sick of it.
And to think they had an offer of a tenner a share and didn’t even inform us.
A disgrace.
Away from the squabbling between boo and revb execs, it’s worth keeping in mind that Boohoo have a 27% stake in Revb, company whose share price soared yesterday and rose 13 per cent today too!
This is good, surely?! In fact it’s fantastic.
But if they take it down now someone will swoop quickly
If it rises, less chance of a takeover
Risky games all round
Revs £858.9m vs £851m est. Profitability looks better. On track for guidance. On track for cost savings of £300m. Margins going up, also supported by freight costs falling. Inventory coming down.
Fill ya boots Mike!
19% free float, near long time lows, good results today and change agenda is kicking in. Let's go!!
A fiver by Tuesday quite achievable here.
Exceeding strong TU here from Asos.
Fellow fast fashion retailer H&M also announced its results today, with sales up 6% to 57.6 billion (4.24 billion) in the same three-month period. Shares are up 6.2%.
Crispin Odey is leaving Odey Asset Management as of Saturday, the firm's executive committee said in a statement, amid allegations of sexual harassment and misconduct from women who either worked at the hedge fund or had dealings with him. 101436 JUN 23
This is without doubt going to be taken over. I think the Turks now have to strike quick before he declares over 10 per cent.
https://www.thisismoney.co.uk/money/markets/article-12175011/Ashley-ups-Asos-stake-nearly-10-takeover-talk-mounts.html
Ohhh here we go he’s up to nearly 9.9 per cent!
They don’t comment. But they COULD deny the takeover chatter is amounting to anything. But no.
Don’t forget bosses told city reporters on the press call they were’ braced for a bid’
Well there is without doubt something big brewing here. This Guardian article tonight has it spot on.
Berenberg today mains a BUY rating with 940p target.
Excellent.