Member Info for Reardon95

The DEBS turnaround will be massive here too. Finley has a clear successful vision. No more overstocking and unprofitable sales. DEBS Pay plus rumoured to be made available to all brands using the DEBS platform on their own websites. 20k brands rumoured to be achieved by May this year. DEBS is growing, fast!

That’s DEBS Group to you, cupcake 🧁

Dan Finley’s Boohoo Barmy army 🍻

Calamitous Calamonte! I can see it written in the headlines now

Big Mike will be licking his lips now.

Well this is seriously painful and in a state of free fall. Needs urgent reassurance from the board.

This will look silly cheap in a few years. More shorter FUD. Turnaround is on its way here. £3b revenue fashion company is no easy feat. Hold / add if you can.

Https://www.cityam.com/asos-shares-plunge-as-investors-lose-confidence/

Big downgrades causing this sudden drop.

Could be the steal of the century at these levels or a very leaky ship where the market hasn’t been updated problem and a major shorter has decided to throw the kitchen sink at this.

This is behaving like it’s going into admin.

Wtf is happening over at ASOS down 6%

Hopefully the last throw of the dice before a bounce. £280m mkt cap now….

That’s the medium term guidance for youth brands. High single digit EBITDA margin. Although, that takes in to account sales of brands that will be on their marketplaces.

I think there will be a massive shift away from youth brands marketing and the majority targeted at growing the marketplace. What’s the point in growing the youth brands if the business is losing the company money. My view is we will see youth brands dropping off but only targeting profitable sales. The growth at all costs model has finally shifted. Be great though if they could keep the youth brands stable, with 9% EBITDA margin and keep growing the marketplace exponentially.

Over 500 brands already on BOOHOOMAN. 15k plus on Debenhams. The opportunity is growing everyday. 27% EBITDA on DEBS. Far greater than what BOO has achieved historically. I for one am a massive fan of the change of direction and shift to DEBS Group. Just wish it was carried out a lot sooner. Big Mike to make his move here in the coming weeks is my bet. He will try and nick the whole group on the cheap at 40p.

Plummeting again!!! Never ending this drop

I think we are at the point in this sector where certain stocks are at record lows. Big mike at 29% here. ASOS at multi year lows. There is going to be some vultures circling and some private equity looking for a bargain. Bids anticipated.

Pretty ruthless how he can singlehandedly drive SP's to rock bottom. Doing this at ASOS and BOO currently.

Big Mike loaning shares out again to drive the price down is my bet.

Debenhams is back much slicker website. It seems Finley is much more focussed on keeping shareholders updated and giving a far more corporate experience. This is not dead here. Much needed change of direction but patience will be needed.