Member Info for therealelogo

…youve just described asos before the down climate which has affected all online retailers 😂

unless online is dead, of course we are looking at the recovery play, which so far seems to be working, we will know for sure in the next update.

we dont need any “hero” coming to let us know the company is in a crap position, we know, we’re still here. follow your own advice, leave asos alone, including the bb 👋🏻

“been there done that learnt the hard way”

how many pandemics have you discounted in the past? just out of interest….

you cant just excuse the effect covid had on retail and online, you have to include the data before it to get a fuller picture, just going on the last 3 years is simply no good this time.

dont get burnt because youre sticking to your guns with a 3 year rule, or youll get burnt again (market wide, not just asos)

Agree with james

its been 3 months since a trading update from asos, why not downgrade when the numbers were published? why wait 3 whole months and downgrade on no new info….doesnt make sense.

I didnt say you are getting it wrong, i said youre looking at it wrong - not HOW is he getting the shares, but WHY is he

Who keeps telling you shares are in sticky hands? kamani? ashley? …this board? 😂

retails been stung hard post covid, ALL of it. of course sp’s were going to fall. People shouting it would never fall, it did. people shouting it will never go up….the jurys still out on that.

youre looking at it all wrong, the question isnt “where is he getting the shares from” it is “why is he getting the shares” - and as frasers have said “itll all become clear”

Dont forget we have mike ashley at 24%, retail extrodinaire…. but sure, barclays MUST be right

Nobody stopped using the post office because of that scandal though - and likewise people arent going to stop using shein because of forced labor and malpractices. times are hard for most, and people shop where things are cheap, which shein wins hands down. ethics for joe public dont matter during hard times. things could take a turn if the carcenagenic chemicals in thier porducts was hammered home by the media, or if us,uk and eu done a blanket ban on thier imports over safety comcerns. but its a bad analogy comparing it to the post office.

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 🤷🏻‍♂️