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Hope a buyout doesn't come knocking at these prices. Some spac or whatever name they give themselves, where they strip a company, sell off all the assets, bump up the return on paper buy selling off the silverwear and renting it back. Then realist to the average pi at a suckers price... That behavior just annoys me and leads to lost companies, jobs and pensions for ordinary Joe's.
Anyway that's off topic.
I did speak to a girl friend of mine and she loves shopping at asos, she's 48 and in a well paid job. Not short and not the demographic people usually bandy around with Internet shopping groupies. They are still 4casting growth here. Would be nice to see them become a dominant global company

Haha, is that true, what a great metric lol
Yeah this hasn't been this low a share price in 10years! Still profitable and this happens, lot of emotions out there. I do now have a little too much of my money in here. As I doubled down the other day and now today I bought again when I saw the price. Nothing I can see to be scared about, just need a good horizon to aim at.
At least I'm betting on that.

Yeah, these seem silly prices at the moment. I'm not sorry I doubled up my shares, just would of been better timing this afternoon.
Sort of funny at a fashion retailer is so out of fashion in the markets at the moment lol

I bought some more first thing this morning and now look. Please get someone back on the rudder asos

Not bad result, I bought a punts worth when they where in the 60p's wishing now I took a real stake. Still might.

? The Board has proposed a final dividend of 3.3p for the full year 2021, based on two-thirds of a notional full-year dividend of 5.0p

I'm just frustrated.
I'm still well up on this share, I mean I have a third of my money in them spread across sipp and isa. I'm not selling, that would be stupid. But I am having to reassess my views. I don't like them going into the management of buy to let's. It crosses boundaries that could easily lead to more scandals. I do like them pushing more into the pension sector though. But I think I'm goito try and switch off for a bit. Wait for the market to adjust to Russia etc. There's always coffee, alcohol and chocolate.

5% increase in real terms isn't in line with inflation. I'm here for the div, not to trade, not to make draw downs but to get a income. Buy backs line the pockets of the share awarded bonuses that they give out to staff. That's how I feel. If I wanted a growth stock, I'd look to the ftse 250 or the EM. I want a stable income from a stock like this.

It's not often a company announcemences a buy back and the share price falls over 6% in the first half hour!
I know its the other news today compounding the unhappy shareholders. I mean, I'm wondering when exactly they intend to "make up" the lost dividends that they promised when the cancelled the div back when share holders most needed it, during lockdowns. I feel stupid, I believed it when they said they'd make it upto us humble small owners of the business... How many times am I supposed to top up, in the hopes of a brighter tomorrow, when no jam comes.
Huff

I agree with the valuation metrics in America are way out of sync with our own. Here we think p/e of 12 ish in most sectors as fair, where as in America a p/e of 16 is seen as dirt cheap.
Heck our finance sector would dream of those sorts of metrics.
But it is what it is, not likely to change.
Americans are gun hoo.

BARC is an American upstart bank. That why the likes of bank of America backed the activist investor when they come over here and make noises to break up the bank and create more 'value'. They don't like anyone else getting a foothold in the states. The term 'buy American' still rings true for them. They don't like us for buying bits of Lehman Brothers and making a play on there territory. That aside.
BARC is Irish now, thanks to bresit or whatever you call it. So not exactly British anymore in name. Unless things have changed, to be honest I don't pay attention to the bank shares I hold that often, what's the point, I want an income from them, except to buy them when interest rates are low and sell them maybe when interest are normal, not the new normal we've had the last decade!
I mean what's to worry about with the big banks, they hardly ever go bust, they make sure their bases are covered just like any accountant. They won't go on holiday unless someone else is paying.
Anyway I wish BARC was seen as a small upstart American bank and valued according too

Yeah below is the bit I searched for too lol
"
Increased capital distributions: total dividend for 2021 of 6.0p per share (2020: 1.0p), including a 4.0p per share 2021 full year dividend. Intend to initiate a share buyback of up to £1.0bn, bringing the total share buybacks announced in relation to 2021 to £1.5bn and total capital return equivalent to 15p per share
"

To be honest, I would of liked the full 15p as this is in my pension pot

I hope they rise, but RBS results where decent and beat expectations yet the sp fell. Seeing as I'm in this one, BARC, LLOY. all of which report in the next couple of days and I have a good amount in the latter two... I may need to go back to work lol

I wonder what they can say to damage the share price tomorrow lol seriously it can't go much lower can it. The old guard has gone, long live the new.
I'm still holding, just so you know I have an interest. Still think the volume is so thin that a little good news will see this fly to something meaningful. Just getting old waiting

Some proper bargains out there in the markets today

They shopped at tkmax too

I just picked a couple of Cork stools up that I ordered from tkmax, they where a nightmare too. Nearly 2 weeks to deliver to store only after I chased them up, not the 2 to 3 days they promised. Got them home and they aren't to miss matched stools I ordered but two of the same. At this point I'm not sure I've got it in me or the time to sort it out. I guess the company is only as good as its cheapest labourer

Sometimes I wonder why I have a subscription...
I'm not here for the inheritance tax breaks tho, when I'm dead they can go f

Don't think it will be that long if they choose to settle, 3 months might be a good time line, longer if courts are delayed due to covid backlogs. I remember the March date being mentioned at one point, possibly. Still a lot of spac's out there, anything can and does happen. I'd rather be in it, than not. Waiting on events and buying the good is for momentum players, they should stick with the American markets for that.

I think its a decent gamble, but I thought that at the last lot of results lol its a turn around that's going to get there but news on any form of settlement could send this flying or will have to wait a good long while. Decent gamble if you ask me. The risk is the management take it private and screw us for being patient

Bring on the hypoxia, due to the altitude
£33 in the next 12 months looks pretty easy

Yes and I'm up 10% in a week lol
Still so much negatively.
I'm feeling very full my myself this morning