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Debs up nearly 10% whys that depressing? debs is gonna be the crown isnt it, thats a positive to me??
Wont be a leak, my whole watch list is blue today, its just market sentiment seems positive. i 100% fully expect this to tank tomorrow, good or bad, boo always drops when they release financials, or at least it has for the past couple years.
i sold part of my holding on friday (obv wish id held on to grab a little more £ today) and ill be selling more before close to pick back up tomorrow or thursday. they say only 2 things in life are guaranteed, but id add boo’s sp dropping on results as a 3rd thing 😆 all imo, gl all lth’s for tomorrow!
Might be good timing, maybe not for them. boohoo reporting fy results on wednesday, if they are poor it could bring asos down with it as they usually move in tandem. just fyi in case people here werent aware
Explain how its 32p from ATL please, curious what your “ATL” actually means because i think its different to the rest of the boards
Its from baha news, clearly
Shorts are down larcos, you missed the part where it doesnt show shorts until the next day, so trading update, price went up, shorts came down….still gonna beat that same drum now? 😂 hope everyone can make money here, except you, i hope your short burns
Shore capital have also been wrong about asos’s competitor boohoo for the same period, having a buy or hold stance, any investor paying attention to them there would be down c65-70% - youre obviously a troll or a short thats panicking, but for anyone else who might take advice from this thread - dont, brokers are wrong just as much as they are right. if given 2 very similar companies and you recommend 1 to be long and 1 to be short - when they both face very very similar issues, youre going to be correct 50% of the time 🙄
In the past 2 days 1 broker said sell and 2 said buy. law of average says its a buy 🤣. not that brokers are always right, but if youre going to bring recommendations into it at least give the full picture
LMR heavily reduced thier position, back under threshold for them. 1x buy and 1x sell rating (hey, at least theres a buy 🤣) - none of it means anything at all ofc.
imo wasnt a bad update, much of what we were expecting anyhow, sounds positive for the rest if year and next fy though. strong buy/hold from me
Nobodys expecting good news, in fact we already know its bad news. theyve already told investors how much sales are likely to have declined. tbh id say its already priced in. bad news, likely a smackdown on open and finish about level. its the turnaround at asos that investors will be looking at, or more, is there signs that its working. but boohoo and asos turnaround plans are quite different so you can only read across the sales downtrend - and it will be a downtrend
LMR partners have halved thier position they increased on the 5th, now under reporting threshold.
…means absolutely nothing, but interesting to see
To be fair its only 0.12% increase its just one of them was under the threshold and its put them back above it so looks .5% bigger in total
Sp went up today, so not doing a very good job. oh, and pretty sure short % decreased this week so there is that 🤷🏻♂️
Just because inflations dropped doesnt mean an sp will rocket to previous levels.. jfc what sort of argument is that?
itll take time to filter through to any companies balance sheet never mind boohoos. for all any of us know thier next update might well indeed show increasing profit month by month as inflation fell. Its a positive sign, nobodys under the illusion that all thier problems are suddenly fixed by todays inflation numbers.
ffs can you guys just put each other on an ignore list already?? every effing day its the same thing….50+ posts before 11am and its all just name calling. either exchange numbers and call each other, or just put on ignore. its boring asf seeing the same cr@p day in day out. i want this sp to recover more so that i can leave this bb and not have to read this **** everyday more than i want my money back on it at this point
…the hell are you talking about? whats not good news? if youre going to refer to something at least link it in the chat else its just looks like the ramblings of a mad man
Leak from the city: Mike Ashley submitted bid for Boohoo. more to follow
couldnt help myself 😂
hes probably topped up though, or someone has anyway.
I dont think anyone could argue the sales would drop once lockdown ended, but the current sp is crazy, its only valued at asset value, if not less, cba to double right now check but its around this figue. and that excludes any sales - valuing a business with £1b+ sales at asset value is insane. and then theres the whole US dc to come too. I dont value it at £4 but sub 40p is ridiculous
The mandatory bid one is interesting, by my calcs, MA would only need to drop around a further £37m and he would be forced to make a bid - for reference this equates to a little over 1% of his net worth and he was prepared to pay over £60m for just debenhams before arcadia collapsed. he could very well be eyeing this up….food for thought
Boohoo was the biggest riser among the retail sector today, happy to see it. will probably collapse to new lows tomorrow….
personally expect to see either a tr1 in the morning or shorts reduced at cop, just imo