Member Info for sj74

It's exactly what I was hoping for.

No doubt headlines will be 18% drop in sales, however the predicted this for H1 saying they 'expected high double digit declines'. The free cashflow is most impressive. I'm happy.

Let's ignore the debt eh lol.

It's definitely turning around. Decent and at least inline with guidance. Lovely jubbly.

I don't really do charts but a descending wedge can be quite bullish I believe.

The turnaround plan just needs to be on track. Nothing special from the board. Just got what they said they would.. then the market should start to gather some momentum behind the 'turnaround story'.

Haha west.. I'll be joining you at £15. We'll get it!

Basically post close is just after the trading date range i.e. 6 months to 1st March or whatever.

It's called a post close trading update but it will be at 7am. Looking forward to it.. :)

Turnaround gone to pot if that happens. We shall see.

I don't short, but that would be an obvious candidate.

Sub £400 million MCAP. Great opportunity if this turnaround is progressing well. Final capitulation would be great... Come on! Looking forward to our first update in 5-6 months :)

Aslong as we are inline with guidance that's fine. :)

I think they mean from 3rd of March.

Just in line with guidance would do and on track with everything else :)

Yeah, not physical holding though.

It’ll be let go eventually Nate.. when this turns around and the bottom line starts to feed in on top of macro improvements it will become an unrelenting juggernaut. At that point they can have mine at c£15.. imo lol

Before we rise to £89 a share I need to get my other ASOS shares out of my trading account and into my ISA in April. After that it can go match NEXT 😉

Aye just looked over there this morning. Really well, better than expectations. Well managed company. To think ASOS used to be up there with next in terms of valuation. Obviously a huge gulf now though lol

And that's why we are here- I believe the company can do it. A full turnaround can take years from the beginning of the decline, and unfortunately the majority of PIs think being invested in a stock for 12 months equates to a long term hold. I've bought into the story, done my research and happy to sit on this for years if needs be aslong as the updates show the turnaround making progress/fundamentals getting stronger. :)

The FY2025 projections (6% EBITDA on £3bn revenues (bottom of guidance)), if achieved (and granted there's some work to do) will see 450p a distant memory - if the company hasn't been bought out or taken private before then... with those kind of numbers a concerted move upward would be irresistible.

Https://www.publicnow.com/view/AC7019DCF02284E11696F9A20E7A7F4455FF696C