Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
ASOS, THG & ALPHAWAVE for me.🤞🤷♀️
Can anyone tell me why there was a sharp uplift in share price last thing yesterday..the 16th june?. Cant find any news...not that im complaining you understand!😁
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GGG when you state that The "Mngmt are clearly in cahoots with Povlson" have You considered that this might not be a bad thing?T he Dane has a 26% vested i terest in ASOS.,he s a self made Billionaire who started from nothing and has years of e commerce expertise.id suggest he
knows more about the machinations of Asos than the Bod put together and Ive no doubt that they will value his input.Of course Povlson is in it for himself, much the same as every single other shareholder.He scratches their back,they scratch his...usual business practice.
2 fallen angels at 52-week lows to buy in a Stocks & Shares ISA
Jon Smith
Fri, 9 June 2023 at 12:53 pm BST·3-min read
In this article:.....has seen a fall in value over a period of time. These can sometimes make great long-term purchases to include in a Stocks and Shares ISA. Given the exemption from capital gains tax when selling stocks for a profit, if the shares do rally in coming years then there’s large profit potential. Here are two that I like right now.
A controversial inclusion
A month ago, I wrote about the falling share price of ASOS (LSE:ASC). Despite the stock being at 52-week lows at that point in time, I said that I thought we were seeing panic selling and that the stock could fall further. I thought it was a good long-term buy, but would wait paitently to see how it traded over the coming months.
It has fallen 46% over the past month. Over the past year, it’s now down 77%.
So why do I think it’s the right time to buy now? To begin with, I’m never going to perfectly pick the bottom. Waiting for a month has certainly provided a better price to buy, but I don’t want to be overly greedy and keep waiting for further potential losses.
It appears I’m not alone either. Just this week it was reported that Frasers Group has increased its shareholding in the business. Another news piece has commented that ASOS could see bid approaches.
Of course, the half-year results showing a loss before tax isn’t doing the company any favours. Yet I fundamentally believe that it’s well positioned and entrenched in the fast-fashion space, and I don’t see this changing
Ive followed this chat for weeks.Fascinating as it has been,its NO MORE THAN SPECULATION( verging on hysteria). Ive backed this horse( donkey?) and im still nervously hanging on.Whether its a takeover or a turnaround frankly i dont care...as long as my investment reaps rewards.Unless one of the major shareholders decides to join our chat im taking it all with a massive pinch of salt...with a finger poised over the exit button.Thats the name of the game isnt it?HARD FACTS..we have none.Watch and wait.Enjoy your weekend fellow Asos speculators and get out into the sunshine.😁
The stock market is a device to transfer money from the impatient to the patient.” Warren Buffett.
I agree. With 1 exception,Volumes are small!
Perhaps the telecomms sector for t/o activity?🤷
👍NEX is one to watch imo
Oh Yes..Paul Scott.....wasn't he the bloke who told us all to buybuybuy Boohoo before it sunk to a low its never recovered from yet?