Member Info for RobertoLarcos

West6809 you'd also think you would need a time machine to go back to to 2009, the last time the SP was £3.75... but here we are my friend

Yeah but you had no SHEIN back then and revenues were growing in double digits. Now the opposite is happening.

All IMO DYOR GLA

I reckon £2 by X-mas

This could be the end of ASOS...

I do actually 😉

Guys why don't you listen to Netzeroready this is about to go to £5 in the next month

He's been saying this since August 2023

Come on guys cheer up! As netzeroready says this about to blow up. If we all close our eyes and really believe in it the SP might move!

les goooooo

Vamooooss let's all say a prayer for ASOS. Think positive and the price might go up!!

Celtic007 I understand that you're upset.. but using insulting language isn't productive.

Wise words from the comments section, take notes:

Asos, - probably doomed - no USP, no loyalty due to fast fashion nature: Chinese competitors (probably their original suppliers) have seen what they did and done it better (and cheaper) - Primark squeezing at the other end.

THG: Directionless, sprawling, led by investors, not business vision/ Never comprehended the company at all - does it have a purpose?

I stand corrected. I misread your post apologies.

I'm I supposed to sit down and nod when someone spreads fake news?

Like KBYK saying that THG and ASOS are not pureplay online and sj74 saying Shore Capital had a £75 price on the ASOS stock 2 years ago?

Are you serious?

I'm not here to entertain you, I'm here to talk FACTS and call out fake news

sj74 when did shore capital put a £75 price target on asos? i call bull**** on that

Nothing is certain... I'm just speculating like everyone else - I could be wrong

It's less than a c.7% premium to the current SP... I'd rather buy bonds kthnx

Where does it say this is a long-only board?

Another similarity - TED also had a cult-like following on these boards touting that the turnaround is workings and SP would go back to £7 (it was taken over for £1.10 a share)

I don't care how I come across

Another similarity... TED had a major shareholder(Tosca hedge fund) building up stake when the troubles began and people saw that as a vote of confidence.... much like ASOS/MA and the people on this board

If you don't believe me go read the TED board

The ASOS story has stark similarities with TED BAKER and how it ended being picked up for pennies from ABG, after rejecting a much higher bid only a few months before.

1) Both 'sold' a story of turnaround to get the business back to profit

2) Both brought in a new CEO to deliver the 'turnaround' plan - which apparently was 'working'...

3) Both had issues with cash and debt

4) Both raised funds through an dilutive rights issue

5) Both rejected a bid at significantly higher value (ASOS Trendyol, TED Sycamore)

6) TED ended up snapped up cheap, is ASOS next?

GLA DYOR

Robo