Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wjt123 - was pretty vocal when I first arrived on this board fella - I have balls of steel and like a bit of risk :)
TBH not really sure what billy big banana is but I'll take it haha :) I do have a big banana too yes.
Awesome James! Good man. Gym / fitness really is more than fitness. It’s my solace, my space, my sanctuary… I’ve been through it believe me.
Hit me up anytime brother.
Clown post of the day goes to the phoney Claire haha.
It's cheeky as hell and off topic, but if any of you are fat, overweight or simply training hard and not getting the results you want in the gym feel free to hit me up on instagram, I'm an open book and have no problem outing my public profile here. Have online clients over 4 continents all over the world and can guarantee results.
As ya'll know by now I tell it like it is and have nuttin to hide :)
@strongandcut
Investoroid, it’s all about mindset my brother. I never ever EVER lose. I either win, or learn. Never lose. Mindset is everything and I’ve been teaching people this the world over for upwards of 20 years in the fitness space.
Faaaaaar too many morons, brokers, PIs and so forth who haven’t a clue, about the digital space within which we live. I’ve been immersed in it for years. Building brands both off and online aswell as running a global online fitness business.
This is not the 2000s. This is not the dot com crash and burn. Not matter how you spin it, online retail is here to start, amd to dominate. Period. If you don’t understand this, or this company, then stay away because you have zero clue what you’re f *** ing with. Simple. I do.
I also understand the power of brand equity. Something most people don’t.
Just an observation :
Well done for holding tight everyone. This is only the start.
Agreed. It just looks ridiculously solid at these prices. I have to admit I'm surprised theres not been some form of pull back. But it is what it is. Massively shorted and those positions have to unwind. It was priced to fail and it's clear they ain't gonna fail. Far from it in fact. And the City know's this is a 20 squid stock all day long when back on track, and they're back on track.. the buying has been constant past few days. Press exposure and funds buying back in says alot.
Very interesting to see how this moves today, very interesting indeed... there's no straight line of course, but the business itself at 5 squid was priced for immediate failure. While it really made me question my thoughts and position here I stood firm with the greatest asset i have when it comes to investment strategy; my gut feeling. No more no less.
I can read accounts (I have a few businesses), I think charts look pretty (I know nothing about them, certainly nothing like my good friend Velo) but I also understand branding and brands, having been building them (amongst other things) from the ground up for 20+ years across 3 continents. ASOS has a real strong brand equity that cannot be cast aside when considering investing here. It was simply too good an opportunity to miss. A couple of nasty quarters but with enough in the tank to easily weather the storm, which so far they have done and have told us as much.
I genuinely see no reason why this can't begin to re-assert itself as the dominant online retail brand of choice, which it still is for many many people worldwide. And all the moves they're making to streamline the model, channel unwanted stock through to new buyers and continue on an upwards trajectory with their records breaking 20+ years or continuously increasing revenue just makes for a startling proposition really. And one I cannot wait to ride all the way up :)
Thew news from hereon in is just going to get better and better.
Must say I do like this. All the right sounds and moves coming out of ASOS.
30/01/23
https://www.retail-week.com/fashion/asos-partners-with-secret-sales-to-clear-stock-at-discount/7043094.article?authent=1
Forward to a strong finish here today driving into the weekend. Let's see what gives; would be nice to hold above 8 squid. i feel like its going to as there's been alot of positioning over the past few days from people far more privvy to information than us :) I believe the appointment is brilliant news. This company is tightening ship and being vocal about it (last RNS) which I like.
Recession is, remarkably, looking less and less likely. Astonishing really al things considered but it's looking likely that the FED for all their flaws have played a blinder. Now this will cut deep with many who are leveraged to the hilt and carry debt but it is what it is. Cooling inflation and trying to avoid recession is a serious game of chess.
Someone here mentioned something and it's very true. Sentiment has clearly changed here, with broker upgrades and buy ratings, along with a slew of new signings and economies both sides of the water 'drastically' talking down any thoughts of 'deep' recession, if recession at all.
I'm very happy indeed to have had the opportunity to buy in around the lows that, in my mind only, we categorically won't be visiting again. It's onwards and upwards here for me and looking forward to the ride :)