Member Info for therealelogo

You dont sell part of your business to a rival, then try and compete with it imo. doesnt make sense to do so.

does worry me a bit that hes willing to sell to them, if he got some good deals with them I dont think asos or boo would stand a chance if shein got access to the UK via frasers. interested to see what the hell he’s playing at here. I just hope hes not going to screw the UK fashion market for his own gains and sell it all to the chinese.

It hasnt dropped almost a £1 since then at all, dont make things up. its barely been 50p.

and MA doesnt have to buy everytime the sp shaves a few pence. hes bought plenty. he may be writing up a bid, he may have some

insider knowledge so unable to buy, he may even just be sitting waiting to see the results (like the rest of us).

Shorts up again, now at 6.05% - probably going to keep going up until we get some results, good or bad

Thats fine - asos are expecting a loss of sales, in fact its part of thier turnaround plan anyway. reduced sales but improved profit per basket. if they show that this is working in thier favour then its smiles all round for investors imo.

id also agree on the young people side too, nobody wants to get a mortgage in the current climate, hell most young people couldnt afford it even if they wanted to, so they go to work and make money - theyre gonna want to spend it somehow. sure, some may be determined to save it until mortgage prices come down but id bet the majority will think “im working and not enjoying it” so retail therapy will come into play. barely any shops left on the highstreet so itll be online.

for me this is the investment of the decade long term, a takeover bid would just accelerate those gains

Lol GGG management havent screwed the sp by moving the date at all. unless moving the date on asos screwed the whole of the retail sector too 😂. please dont read too much into the dealings of one stock. the market in general hasnt been doing great, remember correlation does not equal causation - if there was any deviation from what we have already heard, we would have had a trading update by now. on par or better than expected. keep calm

How can you tell that exactly? the updated shorts list is from cop yesterday - correct me if im wrong but there is no way of knowing what, if anything, the shorts have done today until monday

Thats exactly my view on the whole online/retail market. Most online companies were bound to show a profit drop after covid, because they had accelerated sales during lockdown, it was inevitable that sales and profit would “drop” afterwards. Its all how you look at it, because of the drop it makes every company look like they are doing worse than the year before when in reality they probably arent - however the macro doesnt help with interest rates, russia etc because they probably now ARE doing worse than they would have if covid hadnt happened but it just magnifies the % dofference between financial years.

the silver lining in my view though is that the following years sales will make most companies look like growth companies because they will be better than FY22/23 - when the reality is that they are just exactly where they would have been anyways 😂

so while its doom and gloom now, the chart clearly shows that nothing has materially changed with online and we are exactly where we should have been (minus inflation and russia) - but it wont filter through to the paperwork until next year, when miraculously the majority of retail will now be booming again on paper 😂😂

hold tight folks,

Told you my head was muddled 🤣

heres the article i was referring to about keeping his holding at a certain size too

https://www.theindustry.fashion/bestseller-reduces-its-stake-in-asos/

My heads muddled after a 12hr shift. I was looking at camelots holding not polvsen, my mistake, couldnt actually find any increases for him recently though?

and it was Aktieselskabet who said they wanted to maintain 25% holding too not polvsen.

dear god and this is without alcohol 😂 my mistake.

He added less than 1%….and theres an old article explaining why, he wants to keep his holding at a certain level, which had dipped below. only positive there is that he isnt selling, but i wouldnt read across that hes bought under insider info

Oh no, if motleyfool says its a buy we should all probably sell up before the sp collapses, i swear they seem to be the touch of death on share prices 🤣.

re: the original article - i just cant see MA wanting a Fras/Asos/Boo super company. Asos used to sell BooHoo and pulled them off when they were accused of slave labour and malpractices surrounding thier workers. While they did clear or at least attempt to clear thier names, mud sticks, if they started selling Boo again when the slave labour name is still in every news article talking about the shares, how would that look to Asos’s customers? It wouldnt sit right with me anyways. I was a long supporter of them but Boo certainly have some shady behind the scenes going on, its never black and white with them imo. Asos definately has a clearer picture, both in terms of where the company is heading and exactly what they are doing to achieve it (i’ll excuse the fund raise, for now).

I can’t make my mind up what game MA is playing here, I dont feel he wants to make a bid for it though. Id welcome an offer though, at least to get the sp moving 😉 gla

Im usually wrong 9/10 times to be fair, usually costs me a lot of money buying/selling at the wrong time. im still very much invested here though so i hope im wrong to sell even if i do take a small loss selling some early.

Interesting to see what happens when US opens, typically been higher when it does.

ive sold a little bit of my holding, the cynic in me fully expects this to be back at 400p by next week. hope im wrong though. exciting either way. gla

Bumbum we’ve had constant rumours for about 2 months, the sp has done nothing. we even had confirmation of a £10 approach and we are still valued less than half of that.

Thats because this board is full of individual private investors, we have limited funds and arent privvy to a lot of information. when it drops, our savings drop, our retirement drops, our kids inheritance drops.

when it goes up however, the massive institutions that are the shorters, can simply rebalance, put a few phone calls in to thier mates, and come out squeaky clean. its not even thier money half the time lol. difference of perspective, but i wouldnt gauge how a shorter feels today based on how this board feels on a down day lol

Yeah, i dont think the shorts will be worried at all. its nice to see a sharp shot up but its not that unusual. 5-10% days up or down arent that uncommon. Asos has been a volatile share for a while. wouldnt surprise me if we close around even for the day

Ok but touching it for 2 days in 2 months, with an ever increasing short position and a pivotal update looming, i’d class as “no chance” matter of opinion I guess but it wasnt looking likely

There was no chance, been saying for weeks, we would have needed to be at 430p+ to even be in the running, was never gonna happen on this reshuffle. maybe next year, depending on outlook and financials

I reckon we hit 410p then finish flat for today

Yeah but 5 of them are at or just slightly over the reporting threshold, discounting them and it basically halves the short position. im not concerned about that number being high, its basically a punt on bad results imo