Member Info for whoami2020

Interesting article on Proactive Investor

https://www.proactiveinvestors.co.uk/companies/news/1038814/asos-and-boohoo-fail-to-update-investors-on-festive-trading-1038814.html

Can’t see what they’ve done

Well well well, looks like this only moves up on bad news lol.

Qube increased by 0.10% on the 5th and GLG increased by 0.05% on the 4th.

Here’s an article on Proactive Investor.

Red Sea disruption ‘a pain but manageable’ for retailers - analysts

https://www.proactiveinvestors.co.uk/companies/news/1037728/red-sea-disruption-a-pain-but-manageable-for-retailers-analysts-1037728.html

Thanks West, I was invested at the time and thought we had moved away from these levels but hey ho. There are so many factors which can impact the SP, there’s the darn obvious which are bang in your face but then there’s more subtle/nuanced which take a bit more time surface. I know there are many who joined when the SP was higher but hopefully everyone has managed to average down, I wouldn’t want anyone to loose anything and it’s no loss to me if everyone from the PI’s make a shed load.

2024 will prove make it break, with the elections in UK, US and Russia, hopefully Trump can reign in Putin (who I think is banking on Trump winning).

If the change programme works at Asos and the wars end, with interest rates dropping then we have an excellent chance of getting back to good levels.

Agree, we will have to wait and see what the numbers are, but even then there are conversion rates. The thing is there isn’t one magic item which will propel the SP, it’s a combination of things which will be confirmed in the next 3-9 months. Fingers crossed this gets back over £10

Taken from Proactive Investor, to me this is a positive for online retailers and the increase in online was proven by the Next update.

Footfall slumps in December

UK retail footfall slumped in the final month of the year, with rainy weather keeping shoppers away from the high street, numbers on Friday showed.

According to the latest British Retail Consortium-Sensormatic IQ data, footfall in UK retail destinations declined 5.0% on-year in December, worsening from a 0.7% fall in November.

"December's heavy rain left many shoppers reluctant to brave the elements, who instead opted to browse online before making final purchases, or shop online altogether. This led to a substantial decline in footfall levels compared to December 2022, when there was significant pent-up demand for in-store shopping post Covid-restrictions," BRC Chief Executive Helen Dickinson said.

Taken from Proactive Investor, to me this is a positive for online retailers and the increase in online was proven by the Next update.

Footfall slumps in December

UK retail footfall slumped in the final month of the year, with rainy weather keeping shoppers away from the high street, numbers on Friday showed.

According to the latest British Retail Consortium-Sensormatic IQ data, footfall in UK retail destinations declined 5.0% on-year in December, worsening from a 0.7% fall in November.

"December's heavy rain left many shoppers reluctant to brave the elements, who instead opted to browse online before making final purchases, or shop online altogether. This led to a substantial decline in footfall levels compared to December 2022, when there was significant pent-up demand for in-store shopping post Covid-restrictions," BRC Chief Executive Helen Dickinson said.

Overall it has reduced to 3.55 but it shows Qube increased yesterday.

Thanks

Hi KBYK,

What platform are you using to trade? I’m on HL and I see their fees are too high to make short trades.

Thanks

Shorts now showing @ 4.84% for ASOS on short tracker website .

Apologies, my bad.

Looks like a further increase by Frasers.

UK inflation falls to 3.9% in November

UK inflation slowed to 3.9% in the year to November, according to the Office for National Statistics - the lowest rate for two years.

It has fallen from 4.6% in October.

UK inflation falls to 3.9% in November

UK inflation slowed to 3.9% in the year to November, according to the Office for National Statistics - the lowest rate for two years.

It has fallen from 4.6% in October.

Let’s hope they weren’t 2 of the 3 wise men lol

Shorts are showing at 5.55% as of yesterday.

https://www.shorttracker.co.uk/company/GB0030927254/

Shorts were showing at 5.50% on https://shorttracker.co.uk/company/JE00BG6L7297/