Asos Share Discussion Threads

[tomboyb] 17/12/2018 08:28

This comes after Sports Direct chief executive Mike Ashley, who has been outspoken about poor trading on the high street driven by Brexit uncertainty and weak real wage growth, said last week that Christmas shopping had been so bad for retailers it would “literally smash them to pieces.”

[fatnacker] 17/12/2018 08:26

Aleman, exactly.

[blusteradjuster] 17/12/2018 08:24

Correlation (if there is any) doesn’t amount to causation Aleman.

Let go of prejudice and let your intellect have a turn.

[aleman] 17/12/2018 08:21

Did Brexit cause Germany, Japan and Italy to report negative growth? Or house prices to fall in Canada and Australia?

[trt] 17/12/2018 08:19

Yes their markets have matured. It's all over i am afraid could see £15 at this rate.

[tomboyb] 17/12/2018 08:19

Well i think apart from asos you will have quite a few zombie retailers out there -

Until the final call -

Even online is having severe problems BEFORE brexit -

[bor491] 17/12/2018 08:18

its not just retailers!! Most UK so called blue chip companies have been taking a huge battering - it seems we are in a depression rather than a bull market!

Here's a little hint of what small retailers are facing:

[amt] 17/12/2018 08:17

It's Brexit not the weather but they don't want to be too political

[2prsimo] 17/12/2018 08:16

Seems nearly all retailers are blaming either the warm November or Brexit

[amt] 17/12/2018 08:15

Yes it's this bad and we haven't left the EU yet.

[2prsimo] 17/12/2018 08:14

Why should it bounce? - this is the start of a big correction in retail stocks - the good times are over

[ny boy] 17/12/2018 08:14

Looking at the long term 7 year chart, there is support around 2000p I will wait to see if that is the bears target, can’t see any rush to get in even though there maybe a few dead cat bounces. Retailing in trouble, sector out of fashion, to excuse a pun.

[kidknocked] 17/12/2018 08:13

Blimey, brutal stuff here. The most worrying bit in the RNS was basically saying their markets have matured. Dark times ahead. Short

[tomboyb] 17/12/2018 08:11

-37% -

Will it bounce?? -

[johnyee 7] 17/12/2018 08:11

asc on bbc breakfast now

[amt] 17/12/2018 08:11

26 quid to buy.

[losses] 17/12/2018 08:07

Heading back to £10-15 in the coming weeks!

[tomboyb] 17/12/2018 08:07

-35% -

Bloodbath

[robizm] 17/12/2018 08:07

Fall to £27 today

[johnyee 7] 17/12/2018 08:06

wow,that's a drop.

[tomboyb] 17/12/2018 08:06

minus 32% -

2800

[tburns] 17/12/2018 08:04

£8 spread on open on ii.co.uk!!

[trt] 17/12/2018 08:02

The wonder story is over sales have plummeted - could see £25 very soon

[tburns] 17/12/2018 07:59

Probably open around £33