Member Info for samb69

You're talking nonsense Simon if you think anyone is going to let Povelson takeover at around £4.20.

The question is what is it worth?

It's recovering from being decimated. Was £60 few years ago. Was nearly £2 a few days ago.

The whole Asos share price crash over the last couple of years has been because they have been trying to get rid of that 1 billion stockpile at discounted prices therefore lower revenue numbers and margin. No denying that Shein has also contributed to the loss in market share.

However, going forward selling at higher prices and margin will be a good base for recovery.

I wish they had done all the writeoffs last time round as it would have been forgotten about by now and the headline numbers would look better this time.

They also look like they are targeting more premium buyers so hopefully diversifying more away from typical shein shoppers

Increase as predicted

And?

a couple of days ago it would have meant 200% premium...Lol

Come on Roberto, you know the minimum he may try is £5 but I can't see it succeeding below £7-8.

Hoping for £10

Interesting how they released the statement after Povelson bought his shares and not before. They do not want Ashley taking over ASOS.

If things are turning around slowly for the better then this is the perfect time for Povelson to make his move. I honestly think this has been a manufactured move down for Povelson to increase his holding before he makes a formal offer.

I would be gutted if this was taken out anything less than £10 after all the time invested.

I don't think Shore capital has a buy recommendation for nearly 4 years

They could have put out that statement last week.

I think Povelson is going to make a bid for this.

Very suspicious...

Looks like a manufactured drop to 225

Didn't Ashley try and buy Topshop at one point and lost out to Asos? Would be ironic if he took over Asos now.

Ste400 - pretty much guarantee he is long this.

Hopefully gets back to 300 before end of the month...

this was being played big time..

See that SIH reduced their short slightly

I found that quite funny actually!

Cuppy - did you know you don't need to start a new thread every time you want to say something...

Footielad = Roberto Carlos

You could think of better names to disguise yourself..lol

Povelson buying is a bit of a relief.. He also knows Asley will be buying upto 29%

The thing is - why half since January when there has been no new data?