Asos Share Discussion Threads

[factsandfigures] 18/4/2024 21:09

You really are desperate Wolfie !!


Most City people have already seen through this "Brand For Sale nonsense" and realise it is nothing more than a desperate attempt by ASOS's failing Management to spark some interest in ASOS.

Julian Dunkerton tried to do the same thing over at Superdry (SDRY) and that didn't end well either.

[wolfofhounslow] 18/4/2024 20:56

Shein is believed to be amongst the retailers still looking to buy Topshop from Asos.Asos is said to have garnered "non-stop interest" from a number of high-profile retail companies, according to The Times, including fresh interest from Authentic Brands Group (ABG), the owner of Ted Baker, which plunged into administration last month.Asos bought Topshop, alongside its sister brands Miss Selfridge and Topman, from Arcadia Group in 2021 for £330m.The retailer was last year said to have been mulling a sale of Topshop in attempts to reduce its growing losses and debts.

[ajseabright] 18/4/2024 19:08

I wish I was in at 50. That's allot of dosh to make.Nope have never owned a share in ASos but I am in BooHoo.What's your thoughts on the new directors.Great news right? More good news to follow

[ajseabright] 18/4/2024 19:06

Sorry mate shorts are down in case you missed my earlier message.What do you take on the new directors?More good news after yesterday.Thanks for the compliment x

[ajseabright] 18/4/2024 19:05

Ah nice one Seed.We all know your position mate we just want you to admit it to yourself.Love hi reading my postsBig love and respect

[seedoftongo] 18/4/2024 17:51

That’s right .
Has Qanny influenced anyone … at all … ever? when it comes to matters financial .

Qanny Wolfie Aj and the gang who have been in this since over £50 ….

All financially dead 💀.

[throgmortonstreet] 18/4/2024 17:03

shorts up ?

shorts down ?

Nobody makes investment decisions based on anything you post CLOWN BOY

[qantas] 18/4/2024 16:51

Shorts going higher and doomed to failure at 6.41%



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

[seedoftongo] 18/4/2024 16:29

AJ , I was mocking Wolfie .
It’s funny to do that on here .
Wolfie is one of the whipping boys of ADVFN ASC.
I wasn’t talking about any position I may or may not have .

Try not to ask questions in such an inquisitive nosey parker manner and you may get the response you desire .

[wolfofhounslow] 18/4/2024 16:22

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.

[qantas] 18/4/2024 15:34

Bright no point asking them as they will never tell you.

Just trust your gut feeling.

Shorts doomed to failure.

Hello Kitty say Hodl Yoda.

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

[ajseabright] 18/4/2024 15:09

Nice one seed.Why are you here mate?Long?Short?Paid pumper?

[seedoftongo] 18/4/2024 14:36

Did anyone see that post I did recently ?

It showed our fellow investing buddy Wolfie ramping the hell out of this when it was 3000+ , never mind 300+…

Let’s light a candle 🕯️ for the financially dead ☠️.
Let’s light a candle for Wolfie

[ajseabright] 18/4/2024 14:11

Hahaha bless Sell.I like him though.He is my special friend

[losses] 18/4/2024 13:28

This is important return to growth in the final quarter of FY24.

[chatchat] 18/4/2024 13:02

thank you sell - reminds me to dig out my pink floyd collection.

[ajseabright] 18/4/2024 12:49

FACTs any comment from your bruv

[ajseabright] 18/4/2024 12:49

Vent that ANGER Sell.Question. Any comment on the new directors incoming as per today's RNS?But I only have 1 username which is AJSeabright otherwise known as AJNotSoBright.Remember slick everyone is laughing at me though

[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.