aka Brands Holding Corp (AKA) News

Company announces more than doubling of the money available for stock buybacks.... and the stock drops.
Yeah, that makes sense.

Reaction to the earnings miss is way too extreme.
The company reduced LT debt by 40 million, about a third of the total debt. They also wrote off 68 million of goodwill, which is the main reason the loss was so big. And they reduced inventory dramatically, again by about a third, which was why they had such a fall from grace in late 2022 and early 2023. Looking FORWARD, which is the whole point of investing, they are looking good. Doing ALL the right things to be quite profitable in 2024 and beyond.

Business model is very much like SHEIN, which is doing VERY well. I expect good numbers next week!!

Wow-- wish I knew what was happening here. Must be anticipation of great earnings. But maybe something elese??
Any ideas out there?

....and there we are-- OVER $6.00 today.

this was so easy to play by buying extra shares post-split, when the price hovered around $4/share.

Now we are back to where the stock was pre-split. Let's see what happens with earnings.
Should be much better for q3, IMHO

Post split, this should be trading closer to $6.00, given the pre-split price of close to .50

Up nicely today.... no news. Just great prospectws going forward

Given all the problems of shrinkage at brick and mortar retailers these days, and with the consumer still spending, AKA with its portfolio of largely online brands looks increasingly attractive. I think we'll see profitability within the next year.

Earnings out: LOOKING much better!!
https://www.sec.gov/Archives/edgar/data/1865107/000186510723000051/exhibit991-q22023earningsr.htm

In February 20223, less than six months ago, AKA was trading at over $1.50/share...... can we get back there?
That would be a very nice little win.

Love this action starting a week or so before earnings.
Does someone know something?

suspicious trading in AKA today. Somebody dumps at .46, and when I put in a bid at .475, I get ni takers. the stock wants to go up, but somebody, or some group doing whatever they can to keep it down.

Should be up from here, I am expecting much improved results for Q2, which will be anounced 8/9, aftr hours.

Finding them when they’re beaten down and forgotten about is my style.

Nice creep up thus far…Need volume here for the breakout.

you called it.... about to go higher

Looks like this is about to lift off...... load now, before it runs!

This seems to have bottomed out. I see big upside potential here. Time to load the boat!!

Started buying at .42 a couple weeks ago, so Im already up a bit.
Fashion is a tough business, but this looks way oversold to me.

$AKA: Tough 2022...... but maybe reversal is due


How at 0.47

It has received $2 PT recently as well




https://ww.fashionnetwork.com/news/A-k-a-brands-sees-losses-widen-in-2022-ceo-steps-down-due-to-health-issues,1495539.html



GO $AKA

Several big brokerage houses liked this in Sept-Oct 2021, with price targets as high as $20.00/share, and now it sits under .50 and can't get any love.

I think this is a comeback play. Still has strong brands, still has good sales. And they took some hits to the balance sheet in 2022 that won't have to be repeated.

I'm a buyer here.

AKA Notice of Delisting or Failure to Satisfy a Continued Listing

https://ih.advfn.com/stock-market/NYSE/aka-brands-AKA/stock-news/90796009/current-report-filing-8-k

Well well well..looks like I’m bringing this board back to life. Sensing it’s about time for an entry here

PT > 20.00

Jefferies Initiates Coverage On a.k.a. Brands Holding with Buy Rating, Announces Price Target of $20
5:34 am ET October 18, 2021 (Benzinga) Print
Jefferies analyst Randal Konik initiates coverage on a.k.a. Brands Holding (NYSE:AKA) with a Buy rating and announces Price Target of $20.

Latest Ratings for AKA DateFirmActionFromTo

Oct 2021Piper SandlerInitiates Coverage OnOverweight Oct 2021JefferiesInitiates Coverage OnBuy Oct 2021KeybancInitiates Coverage OnOverweight

$AKA: Getting some upgrades at COWEN.... now $8.50


Lets see how she does.........













GO $AKA