Member Info for utterlyclueless

Agreed, that's a key reason I invested. These people must have some idea about retail. They don't need to even grow revenues, but just need to get the company profitable again, which I believe is more likely than not, the it starts to look like an excellent value play.

Its never a positive sign when a company delays results. Hopefully, nothing untoward!

Yep, tomorrow!

Thanks for clarifying Wolf. I should probably spend some time reading the financial statements! Will be interesting to see the asos update on Thursday.

I'm long both of them. In terms of profit warnings, it looks like the asos SP stabilized after the kitchen sinking in May, but Boohoo is potentially stabalizing now after the profit warning this month.

Ok, yeah thanks.

You mean ASC or BOO?

Yeah, it seems that ASC is a few months ahead of BOO in terms of cutting costs, focusing on profitability etc. and the trend reflects that.

I think you make a good point on relative attractiveness of ULVR vs. cash now, and this explains why the PE is very low relative to its historical average. I think the key point is that you would expect ULVR dividends to at least rise with inflation or more, so you might think of this as a real yield, which is higher than you would get on say index-linked bonds. I think ULVR is a long-term hold, especially given the ability of the company to raise prices. It's never going to be a multibagger, but long-term risk/reward looks good.

Interesting! Looks like Boohoo could have a knack of staying on trend.

Hahaha, if you were a genius, why the fcuk would you be posting on here!

Must have took some imagination to come up with CWWX. How the fcuk do you think up such gems.

So is yours! lol

Ok maybe not safe haven, but safer than LT U.S. treasuries!

Given that markets have been tanking in the last week and BOO and ASC have been stable/up. I see these as safe haven stocks now!

Yep, excellent 5-day trend! longer-term trend still needs to improve!

Yeah, good point

Odds on for a finishing the day higher than 28.5 given the pattern of the last few days.

Range trading 27-33p til late November, then spikes to over 50p with dash for trash rally in December early 2024. All IMHO, could be wrong though.