The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Blimey.... if some firm is prepared to pay 10 quid a share for Asos, with also Ashley sniffing about isn't that enough of a endorsement enough to hang around for at least a tenner?
Just need this mother to fly up to 15 and all is good with the world.
They have some bargains anyone notice the Hugo boss line they have been continuing to reduce lots of items over the last 3 months . Seems to me that they've learnt it's better to get rid of it at silly prices rather than lumbered with it.
I've had this since 2017 . with the dividend being so good it's a great price at present to buy .
I don't think cigarette sales are declining that significantly and unless they ban smoking all together than it's pretty much a sound investment .
At 13 quid a packet due of course to rising levy taxes ,most people have simply given up due mainly to financial reasons.
But once people use temu and shein. They will realise the poor quality they won't use them again . They are similar to wish and wish's revenue and MAU'S have dropped to the floor because of that reason.
Temu and shein may offer better shipping costs than Wish but Wish couldn't retain it's existing customers and revenue which have subsequently dropped 83% and MAU'S 80% simply because it's tat that once customers experienced they don't return. temu shein and Wish are simply spacs that aren't sustainable in the form they are of just shopping platforms for merchants.
Wish's last quarterly earnings were $ 93m revenue and $86m losses meaning for every dollar that wish collected cost $1.92
Why do people on here remotely make comparisons with Asos and shein.
Shein sells utter crap they have absolute no brands just utter garbage that at present are taking huge losses just to massage MAU'S and revenue that aren't sustainable. Shein is basically Wish but chinese instead of American they offer free shipping but are hemorrhaging cash . They will go the way of wish eventually that has lost 99% of it's ipo value and burning through 100m a quarter on simply hosting a shopping platform for merchants.
this really needs to drop like a stone just to get rid of these clowns that put in stop losses that were designed by mm's to do exactly what their intended to do get rid of weak hands . the quicker this drops under 3 and let's tutes pick up cheaper shares the quicker will see double figures. i'm waiting for under 3 to double my position and average down . these ****ers that jump at the sight of 5 pennies being traded either side we don't need .
incredible how sentiment changes so quickly.
just last week mr nicholas robertson knocked around 50m of the market cap ,now with just improved forecasts from different uk retailers suddenly optimism appears.
the problem with asos even though a change of ceo ,management have so much to improve to gain trust again. always will be doubts that a cluster **** is always on the horizon this is why they should of booted everyone that was remotely involved in the over ordering out the door.
Currently suspended trading with Asos .click on information either news pending or protecting clients interest? Further says between sell or buy order is to wide although don't look to be the case? Anyone confirm
F458 thankyou for your reply. The government look likely to give legislation to cannabis in the future but the time frame could be years ? I'm going to keep on watching.
Think either imperial tobacco will buy this out they have around 9% stake or looking at similar firms in the states this will explode into multiple times the market capital it is now once legislation is approved. I knew it was around next year that they were funded too but they will obviously need an offering this is standard practice for drug companies. I will wait and see the April scenario of a offering before deciding to invest .
How long before they need to raise some money ? Have they got to next year before it runs out.
Because the speed they move they ain't exactly in a hurry to get on to stage 2 and actually get a product that is available.
Just interested, no position here but like every pill and drug company 99% make more money in shares than they'd ever make with a product that never seems to materialise
clearly algorithms and dark pools and everything from naked shorting is doing anything to keep this down !! i guess they are shaking the tree to see how much retailers they can shake out .
judging by this board quite a few but hopefully them turks will comeback with an improved offer of 15 do all of us a big favour so we can move on from this **** show ..
Spoke to the management and they said results next earnings will be solid ,as the captain gazed starboard and commanded his fully ladened ship of £800m worth of tat full steam ahead into the Iceberg .....
A case study confirms that when economic outlook is bleak there is a tendency for new participants into speculative gambling and a increase generally by the population to gamble more even when they have less disposable income. Only hope the vetting is improved to avoid a hefty fine again 🤣
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5524821/
Look on the brightside! A case study in 2017 confirms that when economic outlook is bleak there is a tendency for new participants into speculative gambling and a increase generally by the population to gamble more even when they have less disposable income. Only hope the vetting is improved to avoid a hefty fine again 🤣
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5524821/
I'll be waiting for 10 at the very least. If a Turkish firm is prepared to pay a tenner and Ashley is buying in. Although a new CEO isn't enough and I believe a true overhaul of management and the people that made them decisions should be dismissed. Until than sentiment isn't going to change . Always you'll have a element of doubt in this management