Footasylum Share Discussion Threads

[johnnykipper] 26/11/2018 15:02

I did sell out, get bored too easily. Made just over £100 on a 5 figure investment. That's why I will never make my fortune. Always looking for opportunities to re-enter though, just taking a watching brief at present. Good news about the investment company taking a stake not so good about the overall retail sales being a lot lower.

[firw00d] 26/11/2018 14:42

No bud, I am chilling with this one waiting for the inevitable (p)rise,

I try not to jump around these days, I find it does not work for me as i am busy running my 'real world' stuff and cannot devote enough of my time to make it work.

Thought you sold out ? aint seen you on LSE for ages.

[footloose2] 26/11/2018 14:40

FirwOOd

some nice prices you got in at there.

[johnnykipper] 26/11/2018 14:29

Nice to see you Firwood. You get on the Flybe bounce?

[firw00d] 26/11/2018 14:23

Oh god, Now JK is here he's about as well balanced as Preston Lacy and Wee Man on a see saw . . . .

[firw00d] 26/11/2018 14:18

Hey footloose2 wadda ya reckon bud,



salt/wounds/joe90 comes to mind lol VERY HAPPY X

[johnnykipper] 26/11/2018 14:17

Barclaycard saying retail sales down approx 12% over the BIG Black Friday weekend

[footloose2] 26/11/2018 14:09

Isee the MM's have finally put the true price on the share price
No one was buying above 33p.
Looks like time for our buyer to start again.
Thats unless they have finished, we will soon see.

[footloose2] 26/11/2018 14:03

joe90

so you are expecting the share price to rise or fall without an update?
If they would not push it up on someone buying 2m pounds worth why do you expect them to move it up on no news? Its just a matter of waiting for the next update.
And in my opinion it will be well worth waiting for.

[john09] 26/11/2018 13:07

I love that September October November trendline lmao. Wait for the next TS then BOOOM 😂😂😂

[footloose2] 26/11/2018 12:55

Joe90 is the same as a ramper that will not except the fact than news released is bad.
Joe is blinded to the fact that this has been vastly devalued and is now a screaming buy. They keep saying that the high street is finished, but when you look at the year on year improvements on sales this shows that that is clearly wrong.For a starter here foot are not on the high street. The likes of the big boys that are on the high street with very buildings and massive over heads are the ones in real trouble.
I don't believe people will ever stop going shopping, it a day out that people love to do.Its called retail therapy,Internet is here to stay,that there is no doubt. But i think it will reach a peak very soon and then start to drop away.i do buy things on the net, but the things like shoes and clothes i like to go and see,feel and actually try them on.
Just my opinion.

[firw00d] 26/11/2018 12:05

I think you have nailed it there bud.

Happy to have bought at these levels and lower, i believe this is one of the best opportunities I have had to date. . . . Hell, I was happy buying higher although I did cash in after more research led me to believe this latest drop was on the cards,

Fil have done their research and followed this up with a c2ml investment, Speaks volumes about the current situation,

This is business as usual, just heavy turbulence, Some big gaps to be filled on the way back up, IMO joe could get his money back here unless he is without the proverbial pot!!!

Great day all,

F

[footloose2] 26/11/2018 11:28

Firwood

I agree its a great price to buy in at.
Not without its risks though like any share.
I see they employ over 2000 people now.
Old joe90 would like to see them go under and all those people lose there jobs just as long as he could post how right he was all along.
The thing with people like joe90 is they just move the posts to suit what happens.
Like when he was posting all the way from 200p that this was going down. if he had a short on then he would have had to close it by the time this then reached 280p.Also how many times did he change his target on the way down? Like at this level he said 22p then changed it the other day to 15p lol.
Well we will never know he may have taken a short out then and lost the lot. It would explain his dislike for the company. Other than him being a disgruntled ex employer with an ax to grind.

[firw00d] 26/11/2018 09:30

Wicked, looking forward to the coming months updates,
So lucky to have had the chance to buy down here. 😀

Feel for lth’s with the obvious exception... but we’re all big boys and know the risks,

What an opportunity we have here... wish I had more ‘don’t need’ cash really..

Good day all,
F

[footloose2] 26/11/2018 08:56

I think this Half year report in mid October was were Joe90 was hoping to get another drop. Here are the high lights.
Financial highlights

· Currently trading in line with the FY19 expectations that were rebased with the trading update of 3 September 2018

· Revenue up 19% to £98.6m, (HY18: £83.2m) with growth across all channels and major product categories

o Store revenue up 12% to £66.3m (HY18: £59.0m) albeit impacted by challenging trading conditions and delays in store openings and upsizes

o Online sales up 29% to £30.2m (HY18: £23.5m) now accounting for 31% of total revenue (HY18: 28%)

o Wholesale up 200% to £2.1m (HY18: £0.7m)

[footloose2] 26/11/2018 08:47

I think Joe90 may have had the sack, lol.

[footloose2] 26/11/2018 08:21

Anyone wanting to see what can happen after a profit warning look no further than flybe.

[john09] 25/11/2018 15:59

“The progress this company has made is clear to see.”

Yep £2.70 to 30p 😂😂😂👋8075;👋

[john09] 25/11/2018 15:50

I’ve already made a bet by sitting on the sidelines 😏

[footloose2] 25/11/2018 15:34

Joe90

I see you just ignored my bet.
You don't really believe what you post do you.
You have no bottle to invest your own money.
And no bottle to take up a bet that won't even cost you a penny.
The odds i gave you are fantastic yet you still bottled it.
Can anyone really believe what you post when you don't have faith what you say your self.
I know its turkey time, but you have shown you are a chicken.

[footloose2] 25/11/2018 15:21

The progress this company has made is clear to see.
Does this look like a company that should be valued at just 35m Market cap.
Well i know joe90 thinks is worth 15p or 15m M/c LOL.
No wonder he never invests he has no clue how to get a fair value for a company.

[footloose2] 25/11/2018 15:05

The history of FOOT.

Footasylum was founded in 2005 by David Makin, an established retail operator who was one of the two co-founders of JD Sports Plc. He was later joined by John Wardle, the other co-founder of JD Sports, who was CEO of Footasylum from 2008 until 2015 when he moved to the role of Executive Chairman. He was succeeded as CEO by Clare Nesbitt, who joined the Company in 2009 and was Deputy CEO from 2012 to 2015.

The key milestones in the Company’s history are summarised below:

FY07 First Footasylum store opened
FY08 www.footasylum.com launched
FY09 John Wardle, co-founder of the JD Sports chain with David Makin, joined as
CEO Flagship Liverpool store opened
FY10 Clare Nesbitt (neé Makin) joined the Company
FY13 Clare Nesbitt appointed Deputy CEO
FY14 Flagship Trafford Megastore opened, trading from 30 stores by year end
FY15
Major improvements made in the Company’s infrastructure:

Headquarters relocated to Sandbrook Park
Distribution centre consolidated into a single unit
Warehouse systems and processes upgraded
FY16 Clare Nesbitt appointed CEO, with John Wardle moving to Executive Chairman
Jack Spellacy promoted to Buying and Merchandising Director
10 new stores opened, trading from 44 stores by year end
Junior apparel category launched
FY17 12 new stores opened including new concept, 7 Liverpool (in Liverpool)
Danielle Davies joined the Company as CFO
Nursery apparel and online women’s apparel categories launched
FY18 YTD Five new stores opened, taking the store estate to 61 as at 2 November 2017
Leeds store up sized to a flagship store, including the Company’s first standalone store-in-store showcasing women’s footwear, apparel and accessories
Wholesale arm launched – own brand ‘Kings Will Dream’ distributed by retail partners, including ASOS