Member Info for samb69

PP1,

So you obviously must think Mike Ashley has made a big mistake in buying at these levels? Or do you think he sees value in ASOS?

Messaged the main man himself on Insta? I've got visions of Virat Kholi and the Indian cricket team being sponsored by Myprotein Chappatis..lol

As an Indian, I think if they got the protein powder mixed into Chappati flour and marketed it in India they would make serious money. Millions of vegetarians in India not getting enough protein in their diets..

Are you No fear in disguise?

Is this the same Capita that went from £13 to 13p?

I think pretty much nailed on Frasers will be buying here now...

Why would shorts close if this is going to dilute further?

My point is that even you don't think the company is going to collapse and will be taken over at higher price than the current... so why all the negative posting?

"Is the SP going to move or are we staring at a takeover at £4 a share?"

Judging by your statement above... you should be long too ..

Https://www.proactiveinvestors.co.uk/companies/news/1047068/asos-may-face-liquidity-event-as-convertibles-deadline-looms-analyst-1047068.html

US payroll on downside and unemployment up causing markets to pop up..

I don't think MA wants ASOS .. I think he will play kingmaker with a Shein takeover at some point. Already sold misguided to them.

Asos got in a mess by spending huge amounts on stock which it couldn't shift once covid ended and people shopping in shops again. They've had to discount this stock to get rid and this has obviously eroded margins. Hopefully going forward this stock will have mostly gone and margins improved and company becomes profitable again. Hopefully all goes to plan!

About to start..

Smells like 25p D4E planned a long time ago but now coming to a conclusion.

George123 - CEO has not paid for any shares. Shares were handed out as part of their remuneration.

Am surprised that with all the connections to Middle east and Afsari they can't raise/borrow enough liquidity a decent cost to see them through until pipeline monies start coming in.

Looks like this is why the price has been hanging around 20/25p for months.. Hopefully D4E at 25p. Then we rise.

Hopefully Afsari doesn't want to see his baby and shares wiped out so will be fighting against any low price D4E

Hopefully not less than 15p. This wouldn't be too bad if it stabilise the company and removes uncertainty in the short term.

Standard halt when 10% down..