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Marshall Wallace about to get seriously burned
Pmoran, you say the first indication will be a jump or a slide in SP but in terms of downside: if the offer is higher than current SP but rejected then that is also positive/nuetral as it implies that the company is undervalued at present. Another thing to take into account is that we are only just above the recent high pre-takeover news anyway.
Parsley, I’ve seen you around on these boards a few times.
You come across as a condescending, pompous and self righteous little twerp.
Get over yourself please.
‘It’s not me you need to justify your investment to’
‘I’ll partially allow that’
Bore off.
‘At this price’.
SP is only 6% up on month highs. Hardly risky is it. Confirmed takeover interest... should be up another 10% from here just on speculation alone.
I think it’s called patience. This stock has a habit of reacting slowly... but when it moves, it rockets.
The RNS was solid. Any investor who was expecting anything much more positive needs their head checked. Having read the RNS I haven’t seen a single thing which I didn’t already know from previous updates, other than improved numbers in Q4.
Will be 90p this week
So predictable
Great update. Happy with the improvement in Q4 and divi will propel this north in 21.
Should be in the 80’s this p.m.
I reckon we will head below December lows v briefly and bounce up to rest around the 4500 mark until Asos release a statement outlining that they expect to surpass their own expectations. Which will happen next month maybe. The online sales tax is inevitable. If you are the gov and you look at the way online sales have boomed... it’s logical that this is the first place they look to raise taxes.
Wasn’t expecting that news until March but whatever. Suppose this ultimately presents a good opportunity for potential long term holders.
Lol... Old Hercule Poirot over here
To add- I think it’s pathetic how the FTSE tracks the US indexes on negative moves but doesn’t track positive. It’s ridiculous.
If this was on the Nasdaq it would be valued a twice this price. But of course you can bet your bottom dollar that if the Nasdaq corrected this would come down with it.
Thoughts - no reason. This happened after the previous results as well. It also dropped after the positive results before that, followed by several separate trading updates increasing profit expectations (and an associated 50% rise).
I expect them to upgrade profit forecast (as previously) in the months ahead based on a boom in sales prior to April.
If there is no explanation for the fall in SP then it’s usually time to top up/buy in/load the boat
I sold yesterday because I thought the buy now pay later regs were going to be brought forwards... which would probably have been bad news (Klarna). But gov rejected that proposal. Glad I sold as now have opportunity to load up in tranches if it drops lower.
If this drops much lower it’s an absolute gift.
Can you imagine the number of people who will be shelling out for new clothes ahead of any relaxation of the lockdown in Spring. People are going to going F*****g NUTS.
Furlough has and will continue to protect jobs. The note of caution in the trading update is just a case of them being ‘responsible’. This company is going to do extremely well in Q1 and Q2.
Shops are closed but everyone wants to get ready for a new era of meeting friends, partying, socialising.
Many have spare cash.
Absolute gift.
You lot are whinging so much that I’m tempted to get in
Anyone know what the current P/E is?
Fair. Surely it would also affect Nbrown in the same way... having said that I’m confused as I thought they had already tightened regulation which is what caused the drop in Jan 2020.
Not sure what impact this will have-
https://www.theguardian.com/money/2021/jan/12/mps-warn-buy-now-pay-later-firms-could-be-the-next-wonga
The age old adage comes to mind-
‘I shoulda bought more’
Interestingly, Next reported improvements in revenue from Credit in the second half of the year, compared to a fall in revenue from Credit in Q1 and 2... that could bode well for NBrown with such a high proportion of revenue coming from credit facilities (changes to legislation on credit were, I believe, partly responsible for the big drop pre COVID). From the Next trading update-
‘ We experienced a steep reduction in the number of credit customers during the first lockdown as a result of (1) the two week closure of our website, (2) a change in product mix towards categories that attract lower levels of credit usage and (3) reduced Sale activity. During the second half, credit customers recovered and the total number is now slightly ahead of last year at +2%. The graph below shows the change in credit customer numbers by month along with the growth of the credit customer base versus last year (red line, right hand axis).’
Admittedly that could be due to increase in sale of non-clothing products (I.e furniture). But possibly bodes well for Jdwilliams