The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I’m not touching anymore fashion businesses from now on haha!
I bought into JD Sports last week, I’m down 6.88% on that, ugh so much for a quick spike for me to get in and out!
Waiting… afterall most of ASOS is owned by private insiders or investment firm… maybe none of them want to sell up to the other and everyone’s playing the long game…
We know once this share gets going it gets going. It can go from £1.40 to £2.40 in a matter of weeks, we’ve seen that time and time again in the past.
I’m holding, happy to hold for at least 5+ years.
I’ll consider taking some profit around £2+
I’m afraid I won’t be selling until at very minimum £2.40
On another note, huge amount of trades today, MMs scooping up the volumes.
Vol. Sold 5,865,872
Sold Value £8.51m
Vol. Bought 15,653,001
Bought Value £22.65m
Success for ASOS in 2024 is likely to be measured by its performance on stock clearance, cash generation and the speed of the autumn and winter supply chain. However, Peel Hunt also points out that a sale of Topshop would be transformational to the balance sheet.
It has a “Hold” recommendation on ASOS, whereas it sees the potential for Boohoo shares to double to 75p as strategic milestones are ticked off such as a new US warehouse and improvement in gross margin. It also flags the importance of the Debenhams platform, which has been building momentum over the past 18 months.
Success for ASOS in 2024 is likely to be measured by its performance on stock clearance, cash generation and the speed of the autumn and winter supply chain. However, Peel Hunt also points out that a sale of Topshop would be transformational to the balance sheet.
It has a “Hold” recommendation on ASOS, whereas it sees the potential for Boohoo shares to double to 75p as strategic milestones are ticked off such as a new US warehouse and improvement in gross margin. It also flags the importance of the Debenhams platform, which has been building momentum over the past 18 months.
Open Short Positions in ASOS
Fund % Short Change Date Changed
Qube Research & Technologies Limited 1.20% 0.10% 11 Jan 2024
Squarepoint Ops Llc 0.92% 0.12% 11 Jan 2024
Glg Partners Lp 0.91% 0.18% 8 Jan 2024
Arrowstreet Capital, Limited Partnership 1.09% -0.10% 27 Dec 2023
Total 4.12%