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Merv
I’ve enjoyed reading some of your posts so keep them coming!
I agree the Debenhams acquisition was brilliant and look forward to steady gains towards the 400 mark that I believe is inevitable!
GLA!
the share price was 840ish!
so has there been no improvement in the business since then? If yes, why is it not reflected in the share price?
pandemic considered, JD has not only over achieved but it has also bought a new business in the US since then!
strange indeed....
Lots of comparisons being made to historical changes in price, which is fine. But looking at results post the Jan 2020 rns, the share price dropped 10% over a period of 2 weeks. We’ve just lost 10% in 2 days!
Going by those stats alone, can we not assume that we are ready to turn back up again? I certainly hope so!
Peoplepower
I actually respect your methodology as explained, and especially your ability to hold (over a period of years!) despite the dips.
Well done on your success and do keep posting as some of us are trying to learn as much as we can. i personally have been trading for a much shorter period than you and found myself to be very skittish earlier on. Now a little calmer and hopefully shifting towards becoming more of an investor than trader.
Im interested to know from you about other companies you have researched as potential options to invest into, if you are happy to share such information. if not, i look forward to your posts on this board as usual.
depends on how many more investors have lost their nerve.
today has shaken a lot of pi's unfortunately, and there are clearly some who are still questioning why they held.
i think it is more likely to drop further than it is to rebound over the next few days.
but then again i was not expecting it to react as it did today, so i hope i am wrong again!
Have been reading a number of posts from fellow investors and am asking many similar questions with regards of the fall in the share price. I did expect a surge after reading the rns and for that not to happen is baffling. But it is what it is and I ask myself where would i invest instead presently? Most companies are struggling, heavily in debt and/or without any concrete positive forecast for 2021.
Whereas here we are, continued growth expected and cash in the bank to do more.
GLA!
Thanks for your reply PV
assuming the ariel survey is good and highlights suitable areas to extract samples through drilling, what will the next steps be and what kind of time lines would we be looking at realistically? Do we presently have sufficient funds to carry out an initial drilling program?
Don't forget that Asos has grown by a larger % over the last year when compared to Boo.
Boo has a lot of catching up to do, and now has substantial cash to invest which is inevitable.
Whatever happens today or tomorrow, 400+ is a very realistic proposition in the very near future.
DYOR
GLA!
The share price growth following the initial crash in March last year has been much stronger in Asos. Boo has a lot of space to catch up. We are talking about 5 fold growth in asos. If boo were to be 5 fold of the price in March last year, we would be way way higher than present.
Even if you compare the change in price from the last Jan results to now, Asos has enjoyed a much better trajectory.
That leaves me to believe that Boo has a much larger upside potential. I can't see any reason other than the negative press that has caused the price to have not grown to a similar extent.
i have a feeling that the real growth in the boo price will be experienced a few days post results, when the real long term holders are separated from the result oriented traders.
of course there are other considerations with each company.
DYOR
GLA!
Sounds very good indeed!
The RNS answered my earlier question - happy to hear that the ultra high resolution survey of the entire area will be completed in the next two weeks! Plus the initial findings are similar to the 'golden goose' next door!
Whats not to like?
GLA!
Do we know how many drill rigs we have working for us presently?
Many thanks for your response Somerset!
I joined the party recently but happy to have an average cost at about 11.5p, so sitting on a healthy profit presently and looking forward to better numbers as the weeks progress.
GLA
We must discuss the detailed financials for top shop and all other that are for sale, then check how many tik toks are ticking for each clothing retailer, then we need to also compare the time it takes to deliver and how easy it is to send stuff back, then we need to check the range of colours our competitors do, not to forget we need to see whether we use enough thread in comparison. then maybe we will be able to decide if we are good enough or not!
Very pleased we are holding 350 ish so far.... looking for bigger numbers hopefully sooner rather than later!
GLA
Is anyone able to explain the significance of the price maintaining +16p?
I read an earlier post about this but confess that I do not fully understand what we as pi's can expect as a result of the warrants being exercised. Is it simply additional funding for company operational costs?
I think the ftse 100 was buoyed yesterday by miners / gold. A lot of retailers and manufacturers were badly affected - worse than boo. Such as JD Sports. I’m still confident that the business model we have is future proof. That doesn’t mean there are no challenges. Ofcourse they are and more so in the current circumstances!
GLA!
DYOR