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The markets have absolutely no confidence in the online clothes retailers....all being priced to fail
A few more days to go
The pound continuing to tumble is a tad worrying
Just a week to go till the big drop
Not long till 28th and it looks very weak in the leadup....not a good sign
Bless you, still clinging on to hope that everything will be ok....i have my fingers crossed for you but sadly it wont be enough
90% fall from £4 to 41p yet 14p is impossible ?.....so naive :)
Just 12 days to go
The company burnt through nearly £300 million last year.....survival isnt guaranteed
You have had the patience to follow it from £4 to 40p so only a little bit more to 14p......not far to go
They are simply stating what everyone thinks.....the company may or may not survive and better options elsewhere
Hope boo havent bought in too much autumn/winter stock, its going to be brutal
No telling how low boo will go, 14p still on the cards i reckon.....asos has now lost its support and heading down as will boo on the 28th
Asos lost support and at fresh lows
20-30% drop easily
Given the outlook over the next 18 months it isnt a case of when will the boo sp go up but more a case of how low will it go to find bottom. Boo, Asc, Zalando se, all in the same business and all dragging near all time lows. Zalando even published half year results which werent bad and gave positive full year guidance but sp was punished......i suppose as companies yet to show a sustainable profit record and ex growth the suspicions are understandable but makes you wonder what positive results boo has to give to stop the 90% fall continuing.
Alternatively they will drop it till they find buyers....after all they are running a market
Is that because online clothes retailers are oh so profitable ?
Alternatively inflation means consumers have less to spend on clothes, certainly less on clothes you wear only 5 times and look to trade down to second hand which is oh so trendy