Member Info for WolfofWarks

My worry is that London is now so downbeat that they'll welcome them with open arms.

It would be interesting to see all the ESG trackers response.

I've unexpectedly moved into profit.

Nice surprise for Xmas :)

Will shein have the cash? Surely it’s the current investors cashing out?

BH brands are on there but they are in the minority. The majority of the sales BH are taking a commission. There is a section in the annual report that explains the revenue model if I recall correctly.

Being a platform business it can ramp up really quickly at really low cost.

Only 6% from break even now for me.

We take a commission from Debenhams though as it’s a market place.

SCB - you’ve nailed it. It was a recovery rather than a boom. By online going down and high street going back up order was restored to a degree. The underlying trend though is still towards online.

Interesting wording in the summary around them enhancing commercial relationships rather than signalling any intention of taking them over.

I go to see Coventry City quite a bit and Mike Ashley has bought their stadium recently and turner it into a advertising hoarding for Fraser Plus.

Interesting that they are looking to build their Global HQ in Warwickshire and great to see investment in my area.

Exactly big thumbs up my friend

Alberton - you could pretty much come to the same conclusion based on the current trend as we hit what looks like peak interest and inflation and an understanding that those stocks that took the biggest hit now stand to make a pretty decent recovery, until we know the next move of the central banks.

You don’t need to be a chartist to figure that out. Like I said each to their own and all that.

JP’s point was that outside if big macro moves only chartists can under stand the direction of travel. Which I hope you agree is pretty daft.

Just to add to that that anyone who understands macro economics can predict the general movement of shares up and down.

Most chartists can’t predict prices moves correctly either or if they can they cannot predict news or unanticipated events.

‘If we get to sales of £3bn (75% of current capacity), at EBITDA margin of 8% that's £240m EBITDA. At x8 which would hardly be aggressive for a resurgent growth stock (and, yes, that's exactly what we are) that's circa £2bn market cap.

That alone is 165p per share. But management Indicated very strongly in the last webcast that double digit EBITDA was possible. They were very bullish for medium term.

Note this is an illustration before someone plays "you said this, you said that...".

All IMHO DYOR

Happy’

Hi happy - those lofty growth valuations are gone. They were based on a decade of cheap borrowing costs.

Profits tomorrow are now far more expensive and hence valuations are unlikely to get as frothy as we have enjoyed since the banking crisis.

I’d love it if this was a big rise without Mike buying.

Most of my shares are doing well today though.

Hopefully more than just a good day for the whole market.

‘ Without chart knowledge it’s pretty impossible to call moves up or down on stocks outside of major macro moves.’

That depends n your view of TA vs FA.

TA can’t tell you if a stock is undervalued over a long period of time. I find chartists don’t have an amazing track record of getting it right and usually talk the most poop.

Each to their own though.

The future all depends on the USA rollout for now as that is the growth opportunity in play.

Of course it has relevance - Evraz was making the point backing up your claim about foreign investment in Russia which is pretty minimal.

As a comparator foreign investment into the UK is over £2 trillion.

So I still dont think Uk money invested in Russia will have any impact on the lifting of sanctions, which are still highly unlikely.

'Yes I do, you're just spouting biased rubbish that has no bearing on the true situation, to make some childish point that cannot be substantiated by the reality. Otherwise why not do some research yourself (remember you said that was so easy) and post facts.'

OK let's phrase this a different way. Do you think $80bn as a country's total foreign inward investment is a large amount of money given it represents the market cap of a singular large US public company?

You know the point I am making.

You are being a pedant.

It won’t make this come back from sanctions any quicker if at all.