The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I'm sure they will eventually implement a charge on returns.
The problem they have now is a yoy 8% decline in revenues which if implemented straightaway would have a detrimental effect on trying to halt further declines in revenue to quickly .
Once they have got better control on the efficiency of stock ordering and seen the margins of profit improve .
I'm sure it will be implemented. Trouble is what if they implemented it now are saw revenues further decrease an extra 8-10% regardless of margins of profit . How would the market react ?
@sharebel
Are you making your assumption that the analysts are forecasting 70-80 short term ! Analysts like citibank, Morgan Stanley and goldman &sachs lol
The major player has struck a deal getting his average down that will have an impact on retailers . The dilution is 200% x shares that long term investors will have to absorb at 30 pence a throw !
Next month you'll understand sharebel what an offering is at a reduced price and what a dilution of twice the market cap has on SP.
I'm going short definitely but in your professional capacity you can comment after the offering has taken place and your sat there thinking you know best .lol
unbelievable really that they've made it difficult to place a bet ,unless they make the necessary checks to see if your responsible adult. ðŸ˜
it practically sums modern society upto a tee ,
nobody it seems are responsible for they're own actions ,it's always somebody that caused it and needs to be blamed for it .
if somebody wants to place a large bet ! what's wrong with them finding out the hard way.
they don't want you to smoke ,tax on a packet of ***s is over 70% with a packet in the uk costing 13 quid . nobody can afford to go to the pub now 7 +pound for a pint . sex is scarce for the indigenous male in the uk non existent for young males especially in the uk due to immigration to the uk as 72% of applicants are male .
what are we left with ?
Baffling how these supposedly expert analysts get their forecasts. Barclays for instance, I have Past histories of PT for Asos. Example 2020 when the market cap was around 4.8b with revenues of just 3.25b and income after tax £113m admittedly debt was 230m but assets were just 1.67 b almost half of today's assets putting a PT of £52 !!
Just another £11 upturn needed and I'll break even ðŸ˜
Simply a growth stonk that's stopped growing !! with revenues to losses widening. Today only confirms the business model is truly not working. that's the trouble having just fundamentals of a one trick pony in the stable
Why are you investing in such a poor company. just send your money to Dr Ackebee who will give his personal seal of trust and oath . He is a great Nigerian trader that is renowned throughout his village and known as Buffet Vodoo. he will invest wisely for you and dance each evening a money dance of great wealth he will incircle his mud hut 8 times every evening until the full moon will reappear. he will than return your money plus profits and any dividends
You can gloss it up all you like, but your virtually having a 90% haircut .
I've just read the entire prospectus the strange part is if the SP is above 1p than they can do a offering which as I believe correctly they have enough money to march and with results on the first phase soon to be published, why don't they at least give it to march to see if the SP goes above a penny before they do this reorganisation route.
I believe they may have approach various investments groups but been unsuccessful in raising funds.
They are now asking shareholders to lose 90% of their remaining investment.
The deferred shares are deemed worthless and although they mention .9p a share they effectively are being used as cash on hand and the deferred shares will be used as Remaining shares in the future to raise additional funds.
Bottom line is they are taking 90% of the market cap
@scoreagainsteps this is the nature of the stock market. It's really the next quarterly results will determine sentiment returns to Asos .
Asos has a history of good profit margins in a sector that is deemed to be the fastest growing industries . They simply got caught out over ordering on what was described at the time as a phenomenon .
Would love this to fall under 3.50 . I missed the opportunity last time ,as it's difficult to keep track of every opportunity but it's still above my average so hopefully the shorts can keep working this down temporarily
.ABF (primark) just posted a great return and guidance . It looks ominous that Asos will have great results . It's all shenanigans upto earnings when everything will come out in the wash.
It's a £10 minimum a share regardless, Mr Ashley was prepared to buy toyshop for 300m+ until Asos put that bid in for £350m
Ashley is without doubt one of the most experienced experts in the British retail industry.
He's renowned for buying on the cheap. If he remotely thought that quarterly earnings would be bad , Surely he would wait to after the quarterly results to increase his position here .
Added . If you liked it at £4 £3 or £2 you must love it now. May this downward trend continue as I'm accumulating. Charts at this uncharted territory are useless , no-one knows the bottom .
I've held this since 1985 .
If you ever get into a position whereby you're up around 20% or over just take some off the table .
Because this is a roller coaster your riding that most of the time is not favourable for the investor. Although the dividends at one time made it worthwhile to own this stock .
Alot of scare mongering and negativity . It's a signal to buy more.
The data and brands top shop, miss selfridges alone are worth more than the market cap is at present.
£10 easily this year or next maybe have too wait till 2025 but it will eventually happen probably when they can't make anymore money from the downside.
I bought this yesterday along with Asos . It's almost 4 years since I last bought new shares into a company. Vanquis may have problems but it's really down to the previous CEO administration . this along with Asos are greatly undervalued in my opinion. I got a price target of £3 in the next 2-3 years .
@knowbodyyouonow Thankyou for confirming what I thought, I didn't need any weather statistics for shopping habits just my own observation when I go to the high St, which is rare these days . I only go when it rains to avoid queues basically.
Yesterday this was my first share I've bought in almost 4 years along with Vanquis banking group.
I did a certain amount of research and although I dislike investing in turnarounds . This seems to be a huge opportunity . I don't think it needs to much to put the right pillars in place to make this a dramatic turnaround.
Asos of course Just need to order the right levels of stock in future . Which doesn't sound to complicated in these days of technology. also Asos has a huge advantage over next plc that it doesn't have over 600 stores to eat into profits .
Certainly Mike Ashley feels this is a good opportunity to invest . I read he tried to aquire top shop but Asos outbid him and bought part of the ailing Arcadia group .
My price target will be £10.
I don't think it would be unrealistic to expect a market cap of around 1.2 b in the next 2-3 years with revenues of around 3.5b at present .
With such a small float ,just a positive earnings and guidance could quite possibly seen that in the immediate future.
Contain have enough work ,that's never been the problem . Just making sure they make profit recently has been the problem .
I believe if the order books isn't as full as before than maybe the penny has dropped to price work to actually make a decent profit rather than be awarded every contract.
Generally if the weather is poor .surely most would go online and order rather than trudge round the shops.
Most high streets are empty when it rains ?
Haven't any of you thought about bailing out this is a dead horse it's is going further down another share offering being finalised to water it down
this could be down to a pound by next week
Costain was one of the very first shares I bought .
Costain Provokes a lot of memories for me I remember as a young man walking to work in the 80s watching over a period of 2-3 years the King Edward court shopping complex in Windsor being developed.
Arguably some of the best engineering masterpieces in the last century have been constructed by costain channel tunnel London barrier.
Never buy a share for short term gains that is one of the biggest fundamentals investors make buy a share because you believe in it . Costain have had problems in the past in the middle east 80's problems in the 30's expanding too quickly.
I hold around 120 thousand costain shares and I won't be parting with them I would say to any young investor to buy these it is a huge opportunity but don't think short term these are an investment for the future I have been topping up all week . The recent contracts I believe the road in Wales and the contract with the power stations in Cambridge are just part and parcel of ups and downs of construction but both I believe both are going to arbitration. they have billions of pounds worth of work on their books .hs2 will keep costain busy for the next 15-20 years in a few months the bad news will be just forgotten. Good luck everyone.