Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Why is it oversold? The company has stated in the last RNS:
The Company does not believe that any of these options are likely to recover any value for the Company's shareholders.
This will move with the pump and dump crew. That is all.
Other than being retail there is no real similarity. ASOS has managed to raise the funds to give it the liquidity headroom to (hopefully) perform its turnaround and move to its new operating model. By its own accounts Superdry has more to do and doesn't have the liquidity to perform the turnaround needed of the company hence the restructuring.
ASOS numbers are important tomorrow though... 😅
Yep that's a fair assesment. Sales are expected to have declined that much and it was projected in the results in November. It's everything else, and the numbers alongside. If positive, then happy days :)
Chronic is the word for sure. You look everywhere and the ones that are performing really well still don't look overvalued compared to other exchanges. The ones who have done poor have been destroyed. Likes of asos boohoo, THG to name a few. Something needs to give.. the attraction needs to come back. I think it will, always darkest before the dawn and all that.
Exactly, all you loons thinking anything under £10-12 is a good offer need to have a look at the business 😂
If turnaround is on track with debt reducing, a cash generative business and revenues c£3billion why on earth would anyone entertain a ludicrous offer. It will naturally head back to £10+
Yeah LWHL that had crossed my mind, mainly because of the debt issue. However they are ahead with offloading all this old stock and with big players buying perhaps it's not in the offing. They are generating cash now. The figures are important on the 17th to show what kind of dent is being made.
October 22 I think I first started buying. Not long by investment terms but yeah 3 and a half years to go lol.
Debt is the biggie, offloading all this old inventory should help quite a bit as that was one of the biggest reasons for the increase in the first place. We shall see.