Member Info for redemption_road

They say from March 2029 at the latest, which is annoying.

I hope certain business steakholders will ask to push this along behind the scenes, and that it comes into effect as early as possible.

Oh man, I still can't get over how someone is willingly choosing to spend five days of their week every week writing such drivel and enjoying it, for god knows how long!

This part of the RNS piqued my interest.

I think this is necessary, as well as a redesign of their website, which seems to be suggested by their changes to digital experiences.

The site lags behind most other fashion e-commerce sites, particularly in terms of UX. I know people find their website and product discovery overbearing.

Let's be real he/she/it has no relationship...

TBF to Simon, he's generally balanced with his evaluations and opinions, and I personally view him as a valuable member of this board, despite not posting much content.

Am I missing something here?

These results seem pretty good overall. They've made a significant improvement in underlying profitability, including profit per customer.

This is also why GMV is down, because they focused on profitability. And profitability is king in times of economic instability. They focused on this due to softer market demand, but this isn't just an ASOS phenomenon; it's a broader market trend, as evidenced by the likes of Next and JD Sports.

This seems about as good as the results could have got IMO. They've at least shown they are competent in being agile to react to these trends and generate profitability.

While perhaps frustrating the turnaround is likely to take longer, I feel more confident we're in safe hands.

However, looking at a longer-term view, I wonder how market trends might impact our ability to pay off several debts due? This is my primary concern, as opposed to the leadership team or strategy. If we don't/can't extend the payment due dates, then a share offering could be on the cards, potentially?

The more you interact with him, the more he's going to keep posting, and the more you're giving him oxygen.

I'm so bored of seeing this board being spammed. I want to pick up valuable information.

Just stop replying to him. If it's that hard, consider that ignoring him will irritate him more than anything else, and he'll waffle to himself all day.

Please, everyone, don't mention his name.

I've actually enjoyed scanning through this board and not having to see endless, boring waffle back and forth with him.

@James just ignore him (and everyone else)

I've noticed a trend of people not even responding to him anymore because he's beyond boring.

It's pretty amusing seeing him post and talk to himself.

Given the abrupt shift to warmer weather, I'm sure it has.

Don't worry @Larcos

You're still the biggest loser here 😆😆😊

@larcos' forecast is profit warning incoming.

"Money isn't as important as health and happiness" Ironic @larcos

You can't be too happy with your life if you're spending energy and time on this board behaving the way you are.

The gift that keeps giving!

How much do you think a bid could be @simon?

I didn't previously buy into the takeover theory, but Polvsen's taking his ownership to 29% has grabbed my attention. There's no smoke without fire.

Thanks @samb69

Taking his ownership to ~29% is certainly interesting.

There are several reasons why he's done this:

1. He plans on launching a full bid for ASOS

2. The current share price provides too much value not to up his stake

3. Mike Ashley's progressive increase in shareholding.

My money would be on a combination of points 2 and 3.

It's undoubtedly a strong positive signal, given he has insider knowledge of the company. Quite simply, you wouldn't increase your shareholding if you didn't see value in the current share price.

Where is the TR1 being reported?

I can't find any source.

Awww. Alright. I'll leave little @Larcos alone ❤️

I'm not talking about the orange man profit warning.

I'm talking about how you used your expert knowledge to warn us that a profit warning was imminent.

There's no way ASOS could beat their profit guidance, right?

You were so insistent there was a profit warning. You must be right because you're the most intelligent person (thing) around, including all the insiders who have bought shares.

When do you think they're going to release that profit warning @Larcos?

It's not like we had an RNS that stated better than expected profit, right?

Every man and his dog can see what an absolute wally @larcos is 😆😆😆

He's made it very easy TBF.