Member Info for sj74

I don't see 1-2 years as an awful long time, but I'm optimistic. The foundations are being laid. Profit making in what is a poor market. Market cap is shot. It's a bargain if you believe the markets will turn and ASOS will survive. (The markets always turn 😉)

One day you'll be right 🤣

Aslong as they are still making progress and hitting their expectations I'm happy with. Everything else will follow.

Cheers, they've been saying 'within 4-5 years' for nearly 2 years now 🤣.

He paid £5 a share for 5% of the company last October. Give it until mid 2024/25 and this 'should' be well on its way to a fairer valuation imo.

Don't worry newboy, they are just the people that can't hold longer than 3 minutes, and not prepared to wait for the real gains... 😉

Cheers West, fingers 🤞

🤣 stop it... you'll be out at £3.92 😉

Reducing inflation, hold the rates, now for a positive trading update next week. Comes in 3s right 🫣

Good news :)

Yeah, the market is pricing in a rise I suspect. The trading update is key-aslong as we are remaining profitable now then I'm happy and it's just a waiting game.

Absolutely, with so few shares in issue this can move at a rapid pace, down as we've seen but also up which, I agree will come eventually. Once it goes up 'properly' and we are back in favour it's likely to be sharp and sudden initially is my guess.

In the meantime it's the place to acquire, give or take 50 pence it's decent.

I've thought about it knowbody, I have some powder dry. Rate decision and trading update to come 🤔😅

But when the tide finally turns and the cyclicals go on a bull run, then whose to say this won't then rise for 2 years.. it's effectively trading sideways for months. Just got to ignore the volatility, add on dips then reap the rewards.. eventually :)

When that was published the SP sek dipped to 0.19 then subsequently recovered to 0.23.

Meanwhile this was wrote about BEM today-dont touch with forceps lol. Tbf they could be right, but the volume today and swedes may think otherwise. See what happens with this review and the court hearing. Clearly this paper is well aligned to the other side and isn't very objective.

https://spotlightstockmarket.com/en/market-overview/news//news-article?id=44185&publisher=371

Cheers Eric. Still good to read.

Separately, just had a quick look at BEO on spotlight. Up 10% and over 23 million traded! Largest volume day in over a year. What's stirred the Swedes? Millions bought in the last hour. Hmmm

See what the BOE do tomorrow. It's going to be volatile in both directions. It's reactive to everything right now. Just some decent results showing we are on track will do.

Lol

Completely agree.