Member Info for sj74

Had a quick look at Currys, he also has put options there aswell. Not sure why and why not the others.. I'm sure they have a grand master plan lol.

They aren't daft, that's for sure. When times go good they will make an absolute killing.

PS. Frasers at it again.

Stuck!! Hahaha I reckon most people would be happy with that average, I'm sure you will do very well from it :)

Inflation is coming down, bit like a share it won't come down in a straight line. Same as when it went up.

Yeah I'm not good at the trading side unless there is an obvious and decent jump then I'm better sitting on my hands lol.

Mehh ignore the short term noise. Inflation is coming down, rates are expected to start coming down this year, we are expected to remove all excess stock and return to profitable growth around summer time plus reducing debt.

Lots to look forward to. Unless you trade daily of course lol.

RNS makes sense, happy with that.

Looks like they got in around 9th June at 68-69p so not at the lows but has subsequently hit £1 and not at 88-89p ish.

Frasers bought In heavily in AO and are still increasing their holding now having over 20%. The low point was under 40p, it's now over 80p and been in an uptrend for a while now. The correlation is they are spotting undervalued businesses with sound fundamentals in a space that lacks investor interest.

Since I’ve been invested here there has been at least half a dozen profiles come on here to tell us about a bid they heard from ‘a source’ 😂😂.

Yes that’s correct.

https://www.lse.co.uk/rns/ASC/annual-report-accounts-and-notice-of-agm-ymv5i1qsupy2xe3.html

I'll be honest I don't really follow charts technically, just know it seems solid above 375ish for a good while now. Sideways trading, plenty of accumulation. Just need some decent new from ASOS come March :)

I emailed investor relations a week ago to clarify the statement by IG.

They emailed me back today stating:-

'The next trading update will be as per the RNS, in March.'

There we go, what the company stated all along. More time for progress :)

It's like there is some kind of agenda against BEM, who'd of thought lol.

Yeah I still reckon the odds are one before the AGM. Let's see.

Roll on March then.. more progress made... Hopefully 😅

Thanks for that West, very interesting.

As you say Next and M&S correlate well to their SP and how well they are doing as businesses right now.

We haven't faired too badly in comparison to others like you say, so relatively ok with that. Especially when ASOS management have guided to a 5-15% revenue decline. It's ok... :)

And whether they still expect to return to profitable growth June-August Onwards... :)

Yeah I'm more eager to know how far they are with offloading the old stock, reducing debt, and cash generation. The revenue is expected to fall, we get that and eventually it will turn. The other stuff in-between is what will kick off the recovery.

Cheers west, pretty fair I’d say.. for now.