Member Info for sj74

CSP told a good story, and I enjoyed his interviews/presentations lol. Feels like so long ago now.

2 billion shares in issue and CSP back at the helm...

I'd also be very happy with that... If the price is right lol

Yeah I'm not expecting any bid here either tbh. Reckon it's going to be a good recovery play over the short/midterm 1-3 years :)

Raises more questions about what's going on in the background than anything else. Cheers andy

It would be exciting if that were to occur. Interesting to see what form it would be in with the very large holders present.

They haven't said whether there will be one. Last year it was 2nd week September. Seems maybe hot and miss so failing that final results October.

It'd be nice to have some communication from the new CEO re 6 month review and what we expect from it. His thoughts/plans going forwards. Treating shareholders in contempt shouldn't be part of the job description and he should aim to change that..

Everything was fine in your message until halfway when your opinion became you pretending to have insight in the company. I'm happy for anyone to say it's going to £1 or £2 whatever but not the tripe that is posted after by people claiming to have inside info 🤣

It's not their opinion though is it when they claim to have inside information about sales figures/upcoming results. Thats market abuse. Or bo***cks. So I reiterate my last point.

Muppet

Wow thanks for the inside information, I will sell up immediately.

Barring a bit of company specific news, it's all about sentiment. How people feel towards a share. ASOS is highly cyclical so any real hints on inflation dropping substantially, rates peaked/heading into dropping them are all signals for investors to start piling back into these type of shares hence the potantially large rises. True the opposite. If you get the continued poor sentiment like continuous rate rises and company poor news you get double whammy drops in this share and everyone bails as sentiment is poor.

I suspect we are at/close to the bottom of this cycle.

Sorry I can't be specific. Try reading through 'cyclical shares' Google it gives you an idea. Look through the years, boom and bust, big jumps, big falls on sentiment and bets on the economy. Gl

Well in that case, as others have mentioned you are buying into a really volatile share. This drop today is nothing, it will go up and down by similar amounts very regularly. It will drop 10% or more and go up 10% or more on some days. Just got to ride it out and have an end goal/price. Don't flap at the small movements.

Got to be on a wind up... I hope 😂

No, at present we would sit about 13th from bottom on the FTSE 250 in terms of Market cap. There are quite a few under £1billion as low as just under £400million. I think we would get in around this level.

https://www.dividenddata.co.uk/dividendyield.py?market=ftse250

Oral healing sounds great 🤔.

Thanks for the update pocko.

He's done amazingly well at the prices he's bought at. Fair play.

It's not a bad thing. Usually alot of the quick traders shouting '£10 this week' go and miss out on the biggest gains. Game of patience and most people think 6 months is a long term hold now a days 🤣

Pocko/Eric,

I couldn't agree more with what you are saying. I've never seen the BOD in as worse a state since investing 13 years ago. Shambles.