Asos Share Discussion Threads

[liquidkid] 17/8/2015 15:34

The owner of home shopping network QVC is acquiring five-year-old Internet
retailer Zulily Inc. for $2.4 billion
it will pay the equivalent of $18.75 per Zulily share, representing a roughly
49% premium to Zulily's closing price of $12.57 on Friday
Seattle-based Zulily specializes in limited-time sales, also known as flash
sales, and has expanded rapidly over the past five years to hit $1 billion in
net sales last year. But its growth has slowed dramatically this year,
highlighting the limits of its unusual business model, which is characterized
by long delivery times of two to three weeks and a no-returns policy.
QVC is best known for selling merchandise over television and it also has an
e-commerce site. The companies said that together they would have revenue of
more than $10 billion. Zulily's chief executive, Darrell Cavens, has in the
past often likened Zulily to the web's version of QVC, saying the two
companies share similar selling approaches and customer bases of mostly women.
Zulily went public in November 2013 after selling shares at $22 apiece. Within
months, its shares surged above $70 as the company reported strong growth in
sales and customers. In recent quarters, however, Zulily's sales growth has
slowed and its shares have fallen 46% year to date.
Liberty Interactive will pay $9.375 cash and 0.3098 share of a QVC tracking
stock for each Zulily share.

And Then...
Immediate Class action launched by a national firm of attorneys with offices in New York who prosecute securities litigation involving financial fraud,
Notifies Shareholders of zulily, Inc. of Commencement of an investigation
concerning whether the Board of zulily breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing to
enter into this transaction, and whether Liberty Interactive Corp. is
underpaying for zulily stock.
There is no cost or obligation to you.

These yanks don't mess about when they think they've been done over.

[telbap] 09/7/2015 20:37

Bugle.....yep, I agree, an insane pe, which has always been the case here, Harva, a very difficult share to call, been cought the wrong side of a SB too many times on this company.

[bobsidian] 09/7/2015 16:49

For that to happen western equity markets would have to stop looking past near term uncertainties and stop looking up to three years into the future.

In an unrelated sector I can recall AHT trading on 120+ times current earnings for over 2 years - with calls by many about its obscene overvaluation - and then suddenly the much vaunted acceleration in EPS materialised and the P/E ratio corrected. An example of the discount mechanism in practice where foward guidance dictates the current share price.

[moorsie2] 07/7/2015 17:19

Projected 43p EPS on 83M shares for the full year.

Even at today's close of £36 per share that is a P/E of 83!

I would not be surprised to see the bears out here taking this down to £20 per share (PE of 47) and waiting to see future EPS being delivered at higher levels before moving north again.

[moorsie2] 07/7/2015 16:34

The standard "Buy on speculation, sell on news" applies here. The PE demands market beating and outstanding growth. What was announced is not that.

I can see a lot of PI's getting burned here now over the summer as the big holders deleverage their risk and exposure.

[bugle4] 07/7/2015 14:05

Reasonably good figures don't cut it with a PE of 80+, they need to beter than reasonably good. Which is what we were all expecting.

[telbap] 07/7/2015 14:01

Yep, glad I sold at 40, missed the high, but better than this.It is amazing they put out reasonably good figures and the share price falls 3%

[liquidkid] 07/7/2015 12:26

Not one for patterns but
We anticipate that sales for the full year will be at the higher end to 20%

Total retail sales YOY growth
Year ending
August 2013 40%
August 2014 30%
August 2015 20%

[bugle4] 07/7/2015 12:07

Which Online Retailer Deserves Your Cash: ASOS plc Or boohoo.com plc?

ASOS (LSE: ASC) issued an upbeat summer trading statement today, although the company’s shares have hardly reacted to the good news.

[moopdoom] 07/7/2015 07:22

Good results. >65% probability of being 2% - 5% higher on yesterday's close.

[kidknocked] 01/7/2015 22:06

Did any of you buy the nlg tip ? Still worth checking out.

[johnyee 7] 23/6/2015 14:05

Willieman,You do get around don't you.I take it Neil Young is busy elsewhere.

[williemanjaro] 23/6/2015 13:56

Johnyee--two lots of Clapton recently (Albert Hall)...the old 70 year old delivered yet again! However the even older Paul McCartney blew everyone away at the 02--ridiculously brilliant--Elvis Costello, he played inside a giant TV set! Quadrophenia coming up-classical version with Alfie Boe--hmmm? Crosby Stills Nash in September... I`m amazed half these folks are still alive....keep rocking Johnyee....at Ease :^)

[rndm355] 23/6/2015 11:32

Ugh... how can I resist getting back on the short track here.

[johnyee 7] 23/6/2015 11:20

Hey Willieman where you been?thought you'd gone into permanent retirement.Going to any good gigs over the summer?

[williemanjaro] 23/6/2015 11:06

2+2+2=2 ...maybe a tinge of takeover ...ref AGA, Thorntons......but Bestseller appear happy enough sitting on that pile.

[tonyrcarr] 23/6/2015 10:34

Did I miss some announcement or news?

[kidknocked] 12/6/2015 08:00

Morning all. Off subject, but used to be an Asos regular poster, so what the heck. For those that liked my price predictions here, suggest you check out NLG. I've put some posts on their thread. Good luck.

[malcontent] 11/6/2015 10:01

In a developing situation, an immature market if you like, valuing a company is notoriously difficult

ASOS are in a market as old as time- clothing - it was being traded in the stone-age. But in a new-ish fashion, on the internet.

I judge that they will be open to big swings in sentiment, as seen already- but they are a big brand with a wide reach

Dividend? not likely. Their profits will go into getting more sales in more countries around the globe. Grow the business - that's the picture here, imho

[donaferentes] 09/6/2015 14:31

Nice bounce off 3500 - twice recently - next leg up?

[woodie3] 09/6/2015 10:46

no chance of a bid,if anyone was interested it would have been when the share price was a lot lower.

[saturn5] 07/6/2015 10:36

Whats the chance of a tasty takeover ?

After all we have NEVER received a dividend

[tonyrcarr] 05/6/2015 12:20

£45 by mid July with a steady build up to Christmas is my prediction.

[darias] 19/5/2015 08:51

One always has to have a reason to buy a stock. Price is one of the reasons obviously however it cannot be the be all and end all.

The stock is trading at 84x its share price. Does not pay a dividend and is open to real competition, if only from longer players in the game e.g. amazon. Amazon do not just sell books and records where they started but now into other situations and I can seem them getting into clothing at some time.

Asos were reliant on the youth sector which is notoriously fickle.

I just cannot see a reason to buy at the moment and, it seems, most people agree with me. Even telbap has taken profit.

[telbap] 19/5/2015 08:23

Well clearly my last post was wrong. So, are we into the next phase of a long term bounce off the bottom, or just a hiccup on our climb back to previous highs? Top sliced most of my holding (just left my profit as holding) which was about half. So long term, the next year, I will sit back and watch, see where we go. GLA all pong termers here, got a feeling it will be a bumpy road.