Member Info for sj74

Hi Suzy, think you have to have a few for it to be directly offered to you. I.e. I got offered then with my HL ISA account but not my trading account as I have no shares in there.

Decent amount to be fair and it needed to be!

Rasmus always likes to get a fair chunk :)

Pretty sure all the directors and iis are underwater with us. Makes me feel better in a way lol. You are quite correct with the bigger picture though, we mustn't lose sight. One week to go :)

Yeah it's definitely not stock specific though. Boohoo and THG are following the same trend since 1st Jan. A decent update will go a long way.

Good posts today. Enjoyable reading :)

Spot on Reardon. Revenue will still be higher than a few years back, for a much lower SP, for a reason of course but the opportunity is huge :)

It’s certainly going to be an intriguing update. William barker buying £2 million worth of shares prior to the close period. Will there be much cash generation/reduction of debt? How much old stock do we have left to get rid of? Where are we in the guidance of -5-15% revenue reduction this year. Are we on track to return to growth from June onwards? Big questions that will start to determine our SP moving forwards. Positive RNS after positive from now would be great :)

Almost makes me want to take part in this fundraise lol

Oh yeah absolutely, all these shares being manipulated until the turn occurs. The big boys aren’t bothered by the drops as they can look further down the line than the majority of PIs. All this works for MA at the moment I’m guessing.

Very interesting though the lower this goes may force someone to come out of the shadows. Trading update soon.. come on 💪

Completely agree west. Good posts. I think the beginning of the turnaround for ASOS is imminent (this year) and if you can hang until 2025-26 then we should see some decent gains. :) I'm bullish on ASOS so this gradual grind lower doesn't bother me too much, just aslong as this next update shows good progress.

Be good if this comes to fruition..

Their MCAP 6 billion. C12x or so more than us. Granted they have much better figures than us at present and their revenue is 2.5-3x more than us but once our figures start turning and the profit starts to come through with reduction in debt there is no way our valuations will remain that far apart. That is with them historically undervalued aswell. We will be soaring over £10 IF the company does what it says it is doing.. and is successful in the turnaround. just a matter of time. Imo.

Nice finish on zalando nearly 19% up highest of the day and went up nearly 3x our market cap. Just a bit of patience required here for the ship to be fully turned...

They are also doing a 100million euro share buyback. Not doing to bad at all.

Come on ASOS, turnaround plan working 😅

This is why it's up 16% today I guess. https://corporate.zalando.com/en/financials/zalando-full-year-23-results

Good to see though.

I suppose the good thing is we will be as good as 7 months into FY24, so the company ‘should’ have made decent progress on its turnaround goals and have a good idea of how we are faring heading towards fy25. We know the first 6months have been very challenging but it’s what lies ahead which is what will propel this. Could be a nice surprise.

Brilliant, thanks for sharing. Roll on the 26th…

Hopefully we have a little boost prior with our own inflation figures :)

When you say poor, you mean not attuned to the guidance as that will be quite poor tbf. However the turnaround has to be on track otherwise yes things will look a whole lot worse here.

Haha oh you’re the guy ‘in the know’. Thanks for that. I don’t think anyone here is expecting £5 come half year results so yes it would be nice lol. Thanks for your opinion :)

Luckily c50% of shares are in William barker and povsens hands. I don’t see it being a danger here. It’s quite well protected by powerful backers. The last bid at around £10 was flat out rejected by the bod no doubt with the investors backing. This will be properly valued in time.

MA to get another 20% shares would be nearly impossible without the SP going astronomical as the free float would be pretty much gone..