Member Info for squadraazzura

Thursday 9 February: Profits warnings usually come in a pair. Sometimes even in three.

WOSG SP will suffer further is they keep downgrading their numbers. We saw BRBY dropping from £22's to £12's = -45% in just 4 months. IF another profit warning is confirmed, meaning business is not picking up as expected, WSOG may revisit issue share price level at around £3. Again this is my own logic of course.

TMS: The problem is how the market reacts and how the geopolitical tensions progress. We now have tensions everywhere leading to supply chain disruptions affecting inflation. If everything becomes more expensive and there are wars on-going, even the richest would refrain from spending. So the market is probably anticipating a downturn in spending on luxurious items as they will not be a priority. This is my own opinion of course.

TMS: By "lottery", I meant it is too risky to stay invested as they may issue a second profit warning which could halve the SP from where we are today. It's rather "a casino" if there is a possibility of a second downgrade of its numbers as BRBY did it twice.

I expect another profit warning on Feb 8th/9th when they update on Q3 F24. BRBY did the same because if the supply chain disruption continues because of red sea tensions on vessels, everything becomes expensive as inflation will either stagnate or start rising again.

We shall see what they will tell the market on Feb 8th or the 9th in their Q3 F24 - update.

It will be a lottery to stay invested with this one.

As we can see BRBY downgraded it previous guidance on 11 January 2024:

"The slowdown in luxury demand is having an impact on current trading. In this context, we now expect adjusted operating profit for the financial year ended 30 March 2024 to be in the range of £410m to £460m, below previous guidance."

BRBY was the first red flag that luxury goods are suffering. As soon as BRBY showed its limits, one has to sell WOSG immediately. If we follow this logic, BRBY gave a second profit warning. So are we going to have a second on here ? If inflation is not coming down because of geopolitical tension in the red sea (supply chain disruption), then inflation we go up and people wallets will be squeezed even further. So for the time being anything related to luxury is not in my radar.

I would add that there won't be any news related to anything. For the last decade, they never gave any update on:

1/ "testing" the bloody sample of a probably doubtful white powder

2/ Supposedly dozens "agreements"

3/ Any order

So my conclusion is: This con is an empty shell robbing people openly.

I am expecting them to call administrators very soon.

The truth is that all those who bought high lost everything today. Despite this, the crooks are still preparing the "turnaround lie" to support their salaries. While their market cap is now less than £750k they are preparing for another raise close tot their market cap ! Worse than a Ponzi Scheme to me because they are acting in daylight.

This is the trend since the start more than a decade ago: 1/ Numerous fake RNS as no "agreements" or "orders" or "testing" has materialised. Then 2/ Announce a raise upon raise. Since then no update any any bull$&&&t was given. Now I am asking these crooks: Where is all those millions gone ? This is unfortunately the reality and this is a proof we are dealing wit a Ponzi scheme.

Beware of Ponzi Schemes such as Bioprogress/Meldex. This is similar. Their mainly "work" is to find a buyer of salable parts. All the rest is just a succession of fake RNS's followed by a raise. Each time the same paten until the ex CEO jumped ship with the money. Any news on hundreds of of "agreements" ? Nothing. Any feedback on "orders" ? None. IMO the next news will be just this: "Because we cannot raise any penny to sustain our salaries, we are sorry, there is nothing left". There is no blooding anything left as it is all clouds in the sky.

How on earth such a massive error of £10.6 M occurred ? Heads should be rolling otherwise many interpretations could come out with trust vanished for ever. Very amateurish and unprofessional accountants.

Broke £10 support. May continue its fall down towards £5 - £6 if it closes below the support.

I will not buy at the moment until £10 level is cleared.

Otherwise it'll be just a matter of time before it hits £5.

Https://www.forbes.com/sites/investor/2023/03/15/uk-companies-are-ripe-for-takeoverheres-10-on-my-list/

The real question is hold or sell before the results ? IMO if, on the 13th July, any statement is misplaced, the share price may be dragged down to close to £5. This is just an opinion and I will hold just a few . Good luck to any holder.

Its advanced technology is applied in every area of life. Could be easily be a takeover target.

hTTps://www.victrexplc.com/about/markets-products/

This is the perfect time buying into this excellent company. We are 13 year low ! Good dividends with often specials and well run with a technology that has high barriers of entry. I expect both the business and share price to recover quickly. A must have in any portfolio to hold for the long term with steady dividends as a bonus.

Returning to profitability in such a short time is a living proof the CEO and his team are delivering fast and they mean business. If any brain - even as stupid as it can be - cannot value and quantify this information, you better consult a psychiatrist for madness or a neurologist for Alzheimer.

hTTps://www.retail-week.com/fashion/asos-posts-quarterly-profit-as-turnaround-strategy-pays-off/7043956.article

This is an excellent update, actually far, far beyond expectations. We can now be certain that the CEO is surrounded by an excellent team that know exactly what they are doing. The new vision and the new team really mean business. They set their objectives and targets and they work to achieve them with a real discipline. After this update, I really don't want ASC to be taken over at any price because I trust this team who are not stupide at all. I am sure many analysts will flag up this improvement and especially the new vision, the new business model to become quickly profitable all under an excellent new team/new CEO. To me, this is a no brainer: Buy and hold, you will be rewarded.