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Ron Brind Posts: 19041 Joined: 26th Oct 2003 Location: England | quotePosted at 10:20 on 5th June 2014 According to Sky News today ASOS shares fell by 40% this morning. Frankly this is good news for me, but bad news of course for the shareholders, who in my opinion should get out whilst they can! I know ASOS CEO Nick Robertson and major shareholder brother Nigel Robertson of old and say for me this is justice. I can't go into specific details, but my opinion is that this serves them right. I hope ASOS shares fall still further and that ultimately ASOS fails. I further hope that they finally get a taste of what they dealt me a few years back and have said many times, be careful who you tread on; on the way up, because you'll pass them on the way down! It's a hard life isn't it boys; and remember you are not too big to fail. Anybody remember Freddie Laker for example? Grammar School education, entrepreneur, first with a successful business model, bankrupt after 16 years, a similarity for sure....I hope! Read more from the Financial Times at: http://www.ft.com/cms/s/0/3ddeae20-ec7a-11e3-8963-00144feabdc0.html#axzz33krzCol6 I think I'll throw a party in celebration!
Edited by: Ron Brind at:5th June 2014 10:25 |
| Ron Brind Posts: 19041 Joined: 26th Oct 2003 Location: England | quotePosted at 16:26 on 7th June 2014 |
| Ron Brind Posts: 19041 Joined: 26th Oct 2003 Location: England | quotePosted at 16:31 on 7th June 2014 I call this justice! |
rustyruth Posts: 18773 Joined: 23rd Oct 2012 Location: England | quotePosted at 17:00 on 7th June 2014 Until you posted this Ron I'd never actually heard of ASOS. |
Edward Lever Posts: 734 Joined: 22nd Dec 2005 Location: UK | quotePosted at 07:50 on 10th June 2014 On 7th June 2014 17:00, rustyruth wrote:
Apparently, the name ASOS was taken from the saying 'As Seen On Screen'
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| Ron Brind Posts: 19041 Joined: 26th Oct 2003 Location: England | quotePosted at 08:14 on 10th June 2014 Yes, that's correct Edward. I was involved with Nick Robertson (and brother Nigel) when he was in the early stages of setting the business up and when he lived on a bar of chocolate purchased from a garage as we travelled enroute to various meetings to discuss what was then a far more important project to me, but a project nonetheless that belonged to me, and for which I owned a patent. I was eventually to lose everything, including my home valued back in 2002/3 at £495k through their greed, they wanted everything. I hope brothers Nick and Nigel Robertson continue to lose money and maybe join the real world, I will never forgive them. |
| rustyruth Posts: 18773 Joined: 23rd Oct 2012 Location: England | quotePosted at 16:55 on 10th June 2014 Good grief Ron, I didn't realise things were so bad. I hope they lose everything that being the case. I'd never forgive them either. |
| Ron Brind Posts: 19041 Joined: 26th Oct 2003 Location: England | quotePosted at 08:16 on 22nd June 2014 More great news for me and sorry for any affected employees. That said I guess it's possible that they could soon be looking for new jobs. It's being reported that failing ASOS (their shares have dropped dramatically recently) have had a major fire at their warehouse and they have had to take their website down also. Hmmn, do I need to comment further?
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| Ron Brind Posts: 19041 Joined: 26th Oct 2003 Location: England | quotePosted at 13:14 on 17th August 2014 Great news, but sorry for his estranged wife and hope she takes him for an absolute fortune! |
| Ron Brind Posts: 19041 Joined: 26th Oct 2003 Location: England | quotePosted at 13:26 on 17th August 2014 Apparently the ASOS share price has dropped by 65% since March! Maybe it's a good time for shareholders to get out before the price drops any lower?
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