Member Info for sj74

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.

Though I have to admit I'd take £10+ this year if it was offered since I have a lot more shares than the last time it hit £10. Otherwise I'm very happy to wait a few years or so if needs be to see £15+ :)

I bet there is a wide range of averages here. Interestingly the likes of Camelot and povsen have averages much higher than todays price. MA must be under £4 now.

Spot on KBYK.

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+

Probably both tbh Eric 😅🤣

Take out, is it likely with the current significant holders? All signs point to a turnaround here. I would agree with the takeout thesis if MA wasn't involved. There are a trio of heavy hitters here.

Fair post Simon, I agree. If there is an approach it'd have to be quite significant since they rejected the £1 billion last year, and with green shoots appearing..

It's been there since 7am Suzy lol

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.

Also down to the company to start releasing figures showing the turnaround is working. Narrative will change soon enough. ASOS isn't the only retail company sacrificing revenue growth for cash generation/profit but the media portrays it is.

Https://www.lse.co.uk/news/ASC/asos-paddling-upstream-as-sales-pressures-continue-says-shore-capital-mnsexup6heot8q7.html

AKA protect our shorts imo

Same, the share price is doing the exact opposite of my confidence here lol. These results will hopefully reconfirm my belief they have things under control. Trading update said as much, just a few more figures shown will help. Maybe we still need that final capitulation...

It's gone up because Sweden has gone up 17% or whatever on the vardar conclusion. Hardly great news unless they divest it now to pay for kal and Finland.

Thanks, straight from the horses mouth then. As a result of the low fundraise they won't be able to complete both PFS. However there are other funding options.. JV in either project. Interesting to see how that works. It'd have to be relatively soon too considering both are progressing.

Probably MA too.. as mentioned earlier it's a playground for certain to make money and get the positions they want.. until the tide turns.

Markets probably want more evidence (numbers) from the results to show the turnaround is on track.. how much has debt gone down, how much stock is left to clear.. positive cashflow and positive EBITDA is great but what are the expected figures? Once we get back to positive EPS this will start to adjust to be trading in a positive PE. It's a matter of time...if you believe lol

Me too, starting on April 17th with a reduction in debt and all the numbers starting to turn more positive (barring revenue.)

*or it won't and our bet was wrong. Either way in 12 months time we will have our answer. We will either be a mean lean cash generating machine or a complete flop continually losing customers. Take your bets.... 🧐