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IG?
All new to me this stuff, am i following along correctly….
asos has done a fund raise but left MA out of preferential choice to buy into the raise, and MA is seeming now trying to build upto 10% in asos which would allow him to effectively block any outright bid from another company, possibly one who did have preferential choice in the funding round?
am i on the right lines with this? 😅
Sorry, before what deal is done? theres no deal on the table! its 6 month old news lol. tbh i wouldnt be surprised if the media got wind of this from shorters, who strangely reduced right before it got reported? sp shoots up on a rumour as speculation takes hold like it has done with this board, only to massively short it again and make money all the way back down. MA is another one, if he wanted to buy this he wouldnt mess around increasing his holding by a few %, hed either make a formal bid or increase to a majority position imo.
Like i said this morning 10% rise and slowly falls during the day when the city realise its pure rumours, seems i got it bob on too for once. until asos themselves formally acknowledge any takover talks people really need to temper thier expectations. Its a good business, youll likely do well lth from these prices but come back down to earth for a second
Itll go up maybe 10% at best then drop during the day. am i missing something here? the 1st article is quoting a bid from december, the rest is all pure speculation. IF there was talks (which theyve all basically said there is none currently) the directors wouldnt have been able to buy after the update - that alone should tell us there are no active talks. no doubt the rumour mill will create an uptick, id guess 10% but itll die down as the day goes on, unless somehow an rns adds some fuel to the fire but because of the previous point, I seriously wouldnt get your hopes up
Report inside information on the possibility of a takeover!? you know thats illegal right??
It would be great if it was indeed the end of the short attack, personally, im a lth of boohoo and the shorts done the exact same thing there a few months ago, heavily reduced thier shorts only to decimate the sp again once it started going back up and its been a yoyo since. granted they arent the same company so it may be different here but dont get your hopes up until the sp goes back up a bit and steadies. gla
Is this a good thing do you think?
Ah, if id bothered to look further back id agree with you lol. my bad, yeah seems they have played a blinder
Have they? 1.46% on 17th May to 0.45% on 23rd May. without knowing exact buy in prices id suspect theyve lost money tbh looking at the price chart
I’ll guess at £3.51 :)
Holy cr@p you post a lot of one sided cr@p, I cant even be bothered reading whatever the last 30 comments are.
totally legit review, from a blogging address looking at the url. ofcourse bol are going to compare the year results to 2020’s you cant be that thick to see why they would do that?? just in case you are that thick, there was a global pandemic which meant ALL online retailers numbers got inflated, if you compare today with april 2020 you are going to see skew. imagine comparing wetherspoons sales in april 2020 with april 2023, youd think DAMN loom how much thier sales have exploded!! invest invest invest!! but compare april 2023 with january 2020 and youd probably see a better picture.
can you give it a rest ffs, theres an rns, let people, in your own words “do your own research” just because you think its doom and gloom doesnt mean everyone will, youre as bad as the rest with your one sided views. even the rampers knew it was going to be a rubbish year, nobody was expecting different, its what the future holds is where you either see or dont see the value, you clearly dont, we get it
Are you just going to copy every little detail and state “as stated by boohoo” jesus christ, theres an rns people can check it out if they want to, stop clogging the board with useless posts
As much as I try to ignore anything he writes, based on previous posts - I have to agree with him here, its just noise, people putting 2 and 2 together and getting 15. also why do people think there should be an rns? a company isnt going to issue a statement everytime theres a rumour lol, they have better things to do with thier time. imagine I made a rumour up right now saying boohoo is preparing a bid for asos, would both companies need an rns to deny it? come off it
Why do they think its mike ashley though? ive read the source quoted but even the og author didnt name drop anyone. is it purely because of his stake/other takeovers hes done? surely he wouldnt bother upping his stake if he was just going to bid for the whole company, what would the point be. id like it to be true but doesnt make a great deal of sense to me, the rumour
Increased by .3%?
10% rise in an hour! good grief! I bought in here yesterday cause I thought it was massively undersold. Like others have said, it usually corrects in the following sessions. gla, hopefully Mike is accumulating too, get this back to where it should be
He used to do the same on the boohoo board too, at one point he did admit he talks nonsense just to wind people up so dont look too far into what he says
I know Q1 has been better but they arent going to show those figures are they? are we not just getting end FY numbers this month? a 23/24 update might change sentiment though.
theres definately manipulation going on, I just cant understand why this close to results.
We all know the best result here is just “hit expectations” which will be £15-£30m loss for the year, we are expecting this right? historically the sp does usually tank on results - even if they are good. I cant work out what game the shorters are playing though, why bother pushing the sp down NOW when its likely going to tank anyways in 2 weeks?
they could ease off, let the sp rise then buy in and make money on the drop. or are they making the money now and selling before results? realistically the sp probably wont go lower than 30p in the short term, after that is anyones guess I suppose. Mid-Long term this will recover if youre patient. Just cant weigh up the supression this close to results. anyone?
GAZILLIONS - “thankfully some us saner types stick around” - account created 5 days ago LOL