Asos Share Discussion Threads

[dealer1972] 05/5/2015 10:09

Looks like it wants to close that gap down at £33.38. Could then be a technical bounce off the 200day EMA before continuing down to £19.95.

[goldilocks1] 03/5/2015 15:29

let's put it this way .... i'm very happy to be short and to remain so from 3906

[saturn5] 02/5/2015 08:35

If you are a trader then buy low again.
Not easy to call the bottom.
Of course there are other shares which are a better profit investment
if you can find them and take the risk

[weiming88] 01/5/2015 08:51

Heading towards 3600

[telbap] 30/4/2015 18:12

tomato - tamato...making a very very small profit....maybe time to stop the huge expansion program, breath, make a decent profit, shut up the doubters, then move on.

weiming88 -margin call ?

SP long from 4001 - this will reverse, seen it happen sooooo many times now, harva, it could well break into the down trend and make weiming happy.... lets see.

[admin900] 30/4/2015 13:03

These traders bushing the share price down so they can buy. Asos is profit making company, More customers buying online than ever before.

[weiming88] 30/4/2015 11:45

Hello admin ??

[admin900] 30/4/2015 11:33

Sorry to disappoint you but going up 40 next stop.

[donaferentes] 30/4/2015 11:27

undetermined as yet - 50/50 either way

[weiming88] 30/4/2015 09:40

This will surely go back down today

[weiming88] 30/4/2015 09:36

Close today 3650

[weiming88] 30/4/2015 08:44

Back down to £30 please!

[saturn5] 30/4/2015 06:59

This is a good company wirh excellent management

Rhere is no need of share price gyration

However we are in a "city" world or should I use another word

[donaferentes] 29/4/2015 22:06

uptrend broken - albeit on modest volume. will it be confirmed or reversed tomorrow?

[admin900] 29/4/2015 17:06

It can't get rougher than this.

[moorsie2] 29/4/2015 14:00

primed for shorters now. Hold on as it could get rough..

[donaferentes] 27/4/2015 11:57

up trend is still holding in customary fashion - but watching for a break downwards to signal its (temporary?) end

[telbap] 27/4/2015 08:17

Very short term veiw

[goldilocks1] 26/4/2015 15:45

ST "Inside the City" joins the league of those who rate ASC as a SELL

just a tiny snippet from the article .....
".... having to invest heavily in warehouses and deep discounts to establish beachheads in new markets. Growth is getting harder and more expensive ..... Asos just doesn't catch the eye like it used to. SELL"

[darias] 15/4/2015 09:48

Good post rndm

I cannot see a reason to buy at these prices.

[rndm355] 14/4/2015 17:11

The share price reached £70 in early 2014 when pre-tax profits to be announced for the year ending August 2014 were £47m. Profit consensus forecast for 2015 is only about the same, while the number for 2013 was £55m. I don't see how you can argue that profits and prospects are higher now than they were in 2013/2014, now that profits have stopped growing?

It is true that revenues have increased but margins are lower now ("price investment") and capex requirements have turned out to be surprisingly expensive. The competitive environment has also turned out to be tricky, the old retailers are able to deliver online too and you also have plenty of upstarts like Missguided and Simply Be which want to be the next big thing.

Ultimately if you are a long-term investor and you think ASOS is going to eventually conquer a host of different economic regions and produce really substantial profits then you might be right and I wish you the best. But the market cap is more than 3x sales for a low-margin business with a thinnish moat and so I think this is a great shorting opportunity which I expect will pay for a fair few personal expenses. But if you hold the stock then you might still win out in the long-term (5 years +) if it fulfills its promise.

[greek islander] 09/4/2015 15:50

The thing about ASC is that even with all this discounting, the profit margins are huge by most standards. The PE might seem massive but this stock has fantastic potential as a market leader well entrenched and still fast growing in UK, to start motoring sales-wise in all the other countries where they are currently establishing their sites.
The public in UK are VERY loyal to this company and I know from personal experience how many of the young twenties to thirties who work with me are really into it in a big way and would not look elsewhere.
This is currently and has always been a momentum stock and as such had reached almost £70 when the profits and prospects were lower. They have turned around from those profit warnings of last year and are proceeding apace. I seriously think that with a continued and most likely steady rise in revenue they will take advantage of improving consumer confidence and cement themselves for decades to come and that could mean a doubling yet of the PE back to the old levels and a share price of in excess of £100. Of course one has to be a bit cautious - negative things can happen, especially in foreign markets but the ASOS model is spread among a lot of countries which ameliorates the risk.
I sold out most of my stock as the share price dropped and took my profits and got back in some time later mainly at £20-28 and shall now look to increase my holding.

[telbap] 09/4/2015 15:44

Wtfdik, had this pulling back at 41.50. Go with the.flow!!