Asos Share Discussion Threads

[sellhighandbuylow] 18/4/2024 12:38

Watch out folks QANTAS a.k.a WOLFOFHOUNSLOW a.k.a. CHATCHAT a.k.a AJSEABRIGHT is leaving the building clutching his ASOS share certificates.



Time to accept that you got it badly WRONG with ASOS shares..........and Boohoo shares and Currys shares and Superdry shares and THG shares

YOU ARE THE FOOL, THE LOSER & THE CLOWN THAT IGNORED ALL THE WARNINGS

[wolfofhounslow] 18/4/2024 12:17

From RNSIn H1 FY24 we delivered our strongest H1 cash generation since H1 FY17 because of our stock discipline and cost management. Our guidance for FY24 and FY25 remain unchanged and we are committed to accelerating towards an 8% EBITDA margin in the mid-term, enabling ASOS to be sustainably cash generative on an ongoing basis. As set out in our FY23 results announcement: · Our mid-term priorities are leveraging our strengths: to offer the best & most relevant product; be a destination for style; build a customer journey created around fashion and excitement; and offer competitive convenience. These things will drive our economic model, delivering stronger order economics and better customer lifetime value.· In FY25 we expect to deliver revenue growth and return EBITDA margin to around pre-Covid levels (c.6%). In the medium-term we have confidence in our ability to return to double-digit growth; steadily improve gross margin back towards c.50%; maintain EBITDA sustainably ahead of capex, interest, tax, and leases; reduce capex to 3-4% of sales; and deliver inventory of c.100 days.· FY24 is about taking the necessary action to get us to that path. Our priorities of accelerating towards our new commercial model and strengthening our relationship with consumers require investment in the near term into marketing and the discounting of aged stock to exit the year with a clean stock position, including using offsite clearance channels where necessary.· As such, our expectations for FY24 are unchanged:- Sales decline of 5 to 15%, with P4 FY23 trends continuing through the first half of FY24 and a return to growth in the final quarter of FY24.- Adjusted EBITDA positive.- Stock back to pre-Covid levels (c.£600m as previously communicated).- Capex of c.£130m6.- Positive cash generation, reducing our net debt position. Our next update will take place following the end of the FY24 reporting period.

[ajseabright] 18/4/2024 12:10

HERE HE IS.Facts where you been buddy.So today ASOS notified the market they have appointed 2 heavyweights with valuable market experience.Whats your take on this mate?Any comment?

[millennialinvestor] 18/4/2024 12:02

But F&F tesco boy you have been bashing asos throughout the covid lockdowns... stopped clock mentality.

[factsandfigures] 18/4/2024 11:43

ASOS PLC undoubtedly prospered when bricks and mortar retailers were shut during the Covid lockdowns, but it has been hit hard by more challenging trading conditions
post-pandemic with consumers shifting away from buying goods online and returning to the UK's high streets.

Worryingly for shareholders, ASOS now faces intense competition from other online clothing retailers including SHEIN and TEMU and from retailers like H&M and ZARA who have a combination of both physical stores and an online retail presence.

[millennialinvestor] 18/4/2024 11:17

wow what a rise well done who purhcased them cheap, as we wont see these levels again.

[ajseabright] 18/4/2024 11:16

Seeeeeeeeeeeddddd.Back to back big blue days.Someone wants this

[ajseabright] 18/4/2024 11:15

Where you gone bruv

[ajseabright] 18/4/2024 10:47

Boys why so quiet?? You're normally so keen to comment. Appreciate you could be busy.When ever your ready boys

[ajseabright] 18/4/2024 09:43

FACTS WHY ARE THESE HEAVYWEIGHTS JOINING THIS SINKING SHIP??

[ajseabright] 18/4/2024 09:37

WOW heavy weight appointments by ASOS. Gutted I am not invested here.FACTS Seed Throg Sell UKBoy get we get a word from you in these appointments??

[ajseabright] 18/4/2024 09:10

Shorts reducing.Facts running scared as he can't advise why he is here.Fraser increasingShein taking an interest.SP up up and away.

[chatchat] 18/4/2024 09:04

LOL that you think I am Wolfie - but if doing so makes you feel happier - be my guest.

[ajseabright] 18/4/2024 08:52

Yes that's it Seed ?Love you mate

[seedoftongo] 18/4/2024 08:47

😂😂😂😂8514;😂ԅ14;😂😂;😂😂😂
Why would they want to pay any decent price for this garbage ?
They will simply crush them and pick off any ultra loyal customers for peanuts .
Twas ever thus

[wolfofhounslow] 18/4/2024 08:38

Shein desperate to buy ASOS

[throgmortonstreet] 18/4/2024 08:25

A statutory loss of £270 Million is still a MASSIVE FINANCIAL LOSS, no matter how much you try to camouflage it.

Latest website traffic data and visitor numbers for ASOS's website up to and including 31st March 2024 show declining visitor numbers, which ultimately means less sales.

Marketing spend is up and sales being down, isn't a recipe for success, that is for sure

ASOS has also seen its market share eroded again with sales falling by a staggering 18%



In comparison, City analysts point to the success of clothing rival SHEIN, which now enjoys UK sales of more than £1 billion per year, partly thanks to it buying the Missguided clothing brand from Mike Ashley's Frasers Group..



www.shein.co.uk

[ajseabright] 18/4/2024 08:21

So as FACTS has kindly pointed out. Short positions have reduced to below 6%SP is up again today.Follow the money

[ajseabright] 18/4/2024 08:20

LOVE how you read my posts FAcTS.And thank you for pointing out that the short positions have reduce and now below 6%.Great work partner.Don't let the other get you angry.

[wolfofhounslow] 18/4/2024 08:18

https://www.thetimes.co.uk/article/asos-keeps-faith-in-turnaround-plan-as-sales-fall-76sn9xhl5

[factsandfigures] 18/4/2024 08:18

WRONG AGAIN, NOT SO BRIGHT !!

According to the FCA's latest disclosed short positions report for ASOS these are:-

Arrowstreet Capital = 1.09%
GLG Partners LP = 1.21%
KUVARI PARTNERS LLP = 0.72%
Qube Research & Tech Ltd = 1.52%
Squarepoint Ops LLC = 0.57%
Whitebox Advisors LLC = 0.52%

Total 5.63%

[ajseabright] 18/4/2024 08:05

Market data suggest shorts are reducing too.Do you know why facts is here?

[qantas] 18/4/2024 08:03

Fun fact deep fried shorts burning

Share price hammering up.

Please do your own research as always and always follow FCA guidelines

[ajseabright] 18/4/2024 08:00

So FACTS why you here bruv.I am here as your a good friend of mine and I like to be close to you.Your defo not short and don't think your long..... come on don't be shy