Member Info for Wibblewobble1

Trading and investing are two different things. I have traded boo twice but see no compelling reason to invest in the company at current prices. Only posted as curious what others think bottom will be.

All your assets devalue and debt increases in a recession and i believe this will be a long and bad one...but you go ahead and buy, i will stand on the sidelines admiring your courage

With the recession yet to start and my belief that inflation is going to be a tough nut to crack my estimate is that the valuation will fall to £150 million. That an SP of 14p.....some will argue that is ridiculous but then again some have arguing that 200p was ridiculous as was 100p as was 50p......with no reason to buy an SP can fall to what seem like extraordinarily low levels.

Never underestimate how far a stock can fall. The recession hasnt even started yet .

They could not raise the finance in the current market and certainly wouldnt put their own money on the line......boo will survive or fail on their own

If the recession is protracted its possible. However by then the stock would be near worthless anyway given that 30% falls seem obligatory for bad news......on the bright side the recession may be short lived, the relief bounce may be in effect and everything is rosey in the garden.

You are still in buoyant money may care mode.....you must switch to recession mode where profit and low debt are king although they also fall but not so steeply and a PE 6 or less is normal

Taking companies private tends to happen with the first green shoots coming out of a recession....not when we are about to enter one .

The worrying thing is how bad its going to get over the next 2 years when the recession actually bites

When a chart looks terminal, long term support at 25p is broken and midst a European war.....a brave move to call bottom, but best of luck

General market likely to react negatively at some point today/tommorow as we get 30 percent of our gas from them. It would make a mockery of only 5 percent reliance on russian gas

At a time when costs are increasing, and outlook is diminishing the report may make good pr but it means bad news I feel

To satisfy Norge and keep the price trundling down at this rate someone must be dumping a very substantial holding. We will get some idea of the price when the news is eventually released

Asos trending down to the 1100 multi year support, could be good for a bounce but if that were to go then ......? Boo update may not be very good with forward guidance being poor, hard to see otherwise given oil shock and consumer spending restriction, with boo still up at £1billion valuation could be as low as 35p, then it would all depend on trading next year and hoping both UK and international competitors don't catch up/go past it

At least there is a strong gap down to 1100-1300 area that needs filling and strong stats that will offer strong rebound potential....but that may be weeks or months away....US futures look glum and this afternoon should confirm official bear market on Nasdaq, I expect Dow to follow soon.

I mean no disrespect but we have just come off a 10 year bull market and are now seem to be entering a bear market. Old valuations hold no ground, takeover deals become sparse, sp's fall to unbelievable lows and add to the mix a war and increased tensions in Eastern Europe. .....i find it very difficult to work out fair value

Hard to put a value on this one once you strip out the hype. I remember trading it at 14p.

Bad news gets sold and good news gets sold