Asos Share Discussion Threads

[thanatos abysss] 15/4/2024 13:39

hammering down . longs dep fried and qanats crashing again

[qantas] 15/4/2024 13:16

Hammering up shorts deep fried along with the Short G-Y Bears doomed to failure and desperate.

Hello Kitty says Hodl Yoda.

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

[qantas] 15/4/2024 08:22

Short G-Y Bears doomed to failure and desperate.

Hello Kitty says Hodl Yoda.

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

[ajseabright] 14/4/2024 22:13

Yep terrible news Throg.Your defo long here Fam

[throgmortonstreet] 14/4/2024 08:04

ASOS has 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] 13/4/2024 13:10

Does make you wonder why Frasers are buying though.seed Facts UKBoy Sell why do you think Frasers are buying.Let's have a good debate

[ajseabright] 13/4/2024 13:09

Good read TBF

[ajseabright] 13/4/2024 13:09

You long or short here bud.Whats your agenda

[seedoftongo] 13/4/2024 07:38

Analysts have suggested the company is likely to see a slowdown in sales decline over the current half-year due to the turnaround plan.
However, Shore indicated this faces pressure from “wider trading backdrop of balancing a challenging position of supply concerns, still cautious consumer confidence, poor seasonal weather in the UK and dynamic competition”.
The brokerage said the growth of marketplace platforms such as Depop and Vinted is also attracting typical Asos customers, while it is also coming under pressure from the rapid growth of recent rivals such as Shein and Temu.


👆🏿👆🏿8070;🏿

Facts n the lads have already warned of this before .
Anyone listening to them wouldn’t have lost out .

My point is similar as fast fashion has had its day.
Step forward more expensive but much more higher quality clothing ( that can be sold on much easier ) and a huge rise in the second hand market .
The haves will be able to afford new , the have nots will buy 2nd or third hand .

[sellhighandbuylow] 12/4/2024 18:40

Wolf of Loserville knows all about financial losses.



These stats don't lie, but Wolfie does !!

Over 5 Years --- ASOS shareholders have lost 90.46% of their capital

Over 3 Years --- ASOS shareholders have lost 93.64 of their capital

Over 1 Year --- ASOS shareholders have lost 53.55% of their capital

[wolfofhounslow] 12/4/2024 18:27

Financial losses ? Good progress on implementing the Back to Fashion strategy, including action to clear aged stock and transition to the new operating model by FY25. Ahead on plan to improve stock efficiency and reduce inventory to c.£600m by year end. Test & React is now tracking at c.5% of own-brand sales, bringing high-fashion product from design to site in 2 to 3 weeks increasing our agility in responding to rapidly evolving customer demand.· Free cash flow improved by c.£240m compared to H1 FY23 due to improvements in underlying profitability and the clearance of aged stock

[seedoftongo] 12/4/2024 18:25

Wolfie and Qanny have been seriously battered on this .

They took on the bigger boys and have been beaten into a pulp.

Great job facts n the lads .

It’s been too easy for you guys .
It’s been like watching a premier league full strength team versus a non league rag tag outfit still drunk from the pub .
No mercy has been shown .


ABSOLUTE BATTERING

[qantas] 12/4/2024 17:57

UK rent Boy direct one sore d-ck He-d neither holder or shorter.

Please do your own research as always and follow FCA Guidelines.

[ukneonboy] 12/4/2024 17:50

No comment on your ever increasing financial losses then WOLFIE ?

[qantas] 12/4/2024 17:49

Rent a Boy direct number one loser doomed to failure.


Interim Results for the 26 weeks to 3rd March 2024 on Wednesday 17th April 2024

Please do your own research as always and follow FCA rules.

[ukneonboy] 12/4/2024 17:32

Wrong again, Wolfie !!



Seriously, do I need to remind you again, that there is no letter I in the word team, and to quote Tina Turner my team are simply the best.

ENJOY YOUR LOSSES !!

[wolfofhounslow] 12/4/2024 17:16

Our findings ? lol so you admit you're the same person

[ukneonboy] 12/4/2024 16:56

Now, now, don't be so bitter and such a BAD LOSER Wolfie.

Do I need to remind you again that we shared all our research and our findings about ASOS publicly here on ADVFN but somehow you STILL managed to lose all your money on this junk.

The only MUG around here is you fellah (and all your other LOSER NAMES)

[wolfofhounslow] 12/4/2024 16:37

Chitchat, they are copy paste idiots Ignore!

[seedoftongo] 12/4/2024 16:35

This is dead ☠️ also

[chatchat] 12/4/2024 16:14

Throg:

"Worse still, the bond currently only trades at about 59p on every £1"

The bond has a coupon of 0.75% - it would be expected to trade below par given current interest rates. Google can provide lots of useful info on the interaction between bond values and movements in interest rates (if you wanted a weekend read).

2023 Balance sheet shows net assets 900m which is after taking off the liabilities which includes the loan. Granted the 900m includes goodwill but even if you write that off entirely - there are still assets c £1200m to cover the non current liabilities so suspect the options are not as limited as intimated.

Edited

[seedoftongo] 12/4/2024 16:14

Qanny is raking it on on this .
Never loses .