Footasylum Share Discussion Threads

[spawny100] 27/11/2017 11:25

I think that they look cheap vs the likes of JD but I am concerned about very negative reviews I have read about their service



Having said that JD themselves have similarly bad reviews so perhaps it is a sectorwide quality issue?!

[vatpaul] 27/11/2017 11:16

This is going to be the share of 2018 imho

[albanyvillas] 27/11/2017 09:23

looks amazing

[spawny100] 27/11/2017 08:34

Anyone have any specific target prices in mind on this one?

[surething1] 27/11/2017 08:30

I believe this will prove to be a bargain entry price

[che7win] 27/11/2017 08:12

Nice when the herd arrives :-)

[nw99] 27/11/2017 08:09

Don't know bought 25,000 in case

[surething1] 26/11/2017 02:59

This is definitely seen as a 'cooler' brand than JD.

[jamillatif] 25/11/2017 21:35

Didnt even realise they'd IPO'd till I came across that morningstar article the other day. Will definitely be taking up a position next week. Very large growth opportunity here especially seen as though they only have 55 (IIRC) stores, they have a very long way to go in terms of growth. Also with John Wardle as executive chairman, he has already shown what he can do with JD. Large gap for footasylum to fit in the market, although I am a bit older now, assuming it is still popular with kids and this popularity will only continue as it grows.

[surething1] 22/11/2017 08:01

John is your P/E question rhetorical or...? Are you talking forward P/E because clearly, that will be a substantially lower multiple? I recommend you take into consideration the P/E of ASOS etc. and understand Foot Asylum's focus on their website.

Can you clarify how they IPO'd in a rush? The money is being used to fund their high growth rate (+83% EBITDA in last results) and was heavily oversubscribed by the market. Barrow Bown, ex JD chief executive (there for 30 years until 2014), joining is a pretty clear signal this is hardly an exit "at the top of the market" and was very much an IPO for the right reason.

I would welcome any actual negatives you can highlight about the stock as this looks like textbook perfect growth stock to me.

[john09] 19/11/2017 18:38

What’s the PE ratio

[surething1] 19/11/2017 16:27

John...care to expand? How was it in a rush? And what basis is it overvalued?

I'd imagine RNS would be around January/February. Also, expect Buy notes to be issued around then when Brokers are able to do so.

[john09] 19/11/2017 16:11

This is overvalued. IPO in a rush at the top of the market, what’s the PE

[jyd3082] 19/11/2017 13:31

Any one know when next RNS?

[surething1] 08/11/2017 05:07

With this valued at a fraction of JD, widely viewed by the target market as having significantly better stores and a strong focus on e-commerce, I would recommend getting in before brokers are allowed to issue their Buy notes. Will double in 18 months IMHO.

[che7win] 07/11/2017 21:47

The Company was notified on 7 November 2017 that on 6 November 2017 Brendan Hynes, a Non-Executive Director, purchased 15,000 ordinary shares of GBP0.001 each in the Company ("Ordinary Shares") at a price of GBP2.05 per Ordinary Share. This purchase represents 0.01 per cent. of the issued Ordinary Shares and Mr Hynes' entire interest in Ordinary Shares.

[che7win] 06/11/2017 11:47

I've also bought some

[essential] 03/11/2017 16:34

Opened a position here. My kids reckon this is the place to go - forget JD

[cambium] 02/11/2017 11:12

Finding it difficult to trade in my isa

[cambium] 02/11/2017 11:05

Morning bbd

[bigbigdave] 02/11/2017 08:09

!FOLLOWFEED