Asos Share Discussion Threads

[wolfofhounslow] 20/4/2024 13:56

for FREE Share PricesASOS Share PriceASOS Share ChatPin to quick picksASOS Share Chat (ASC)ASC Share PriceASC SharePriceASC Share NewsASC ShareNewsASC Share ChatASC ShareChat2ASC Share TradesASC ShareTrades442ASC Live RNSASCLive RNSASOS Information Buy ASC SharesBuy ASC SharesAdd ASC to WatchlistAdd ASC to WatchlistAdd ASC to AlertAdd ASC to AlertShare Price Information for ASOS (ASC)London Stock Exchange Share Price is delayed by 15 minutesGet Live DataShare Price:356.80Bid:354.00Ask:355.20Change:-1.60 (-0.45%) Spread: 1.20 (0.339%) Open: 350.00 High: 357.20 Low: 347.60 Prev. Close: 358.40ASC Live PriceLast checked at 13:56:15 Share Discussion for ASOSShare Chat Filters Thread ViewPost Message123west6809Posts: 1,257Price: 356.80No OpinionTopshopToday 13:23Article suggests a premium would be offered for Topshop if one did materialise. Exactly what I was thinking.https://ww.fashionnetwork.com/news/Can-asos-keep-topshop-as-shein-and-authentic-rekindle-interest-,1625532.htmlCan ASOS keep Topshop as Shein and Authentic rekindle interest?BySandra HallidayPublishedtodayApr 18, 2024News last year that Shein and Authentic Brands Group were interested in buying Topshop – currently owned by ASOS – seemed to be just a rumour. But now the speculation has resurfaced and given the well publicised problems at ASOS it could mean that a takeover by one of the fast expanding businesses is more likely.TopshopASOS bought Topshop in the wake of the Arcadia collapse and despite the brand having struggled under the previous owner, it remains a globally-known and in-demand label. That makes interest from big players unsurprising, as does the fact that ASOS still faces huge challenges in its turnaround, despite talking of making progress when it delivered its results this week.The Times claimed Thursday that Shein is among a number of potential buyers that want to take control of the brand with Authentic also believed to have shown fresh interest.None of the parties concerned have commented on the newspaper's report.It said ASOS is believed to have received "non-stop interest" from a range of high-profile retailers. This further underlines the brand's appeal and status despite the issues of recent years.ASOS paid £330 million to buy Topshop, along with Topman and Miss Selfridge, from failed Arcadia in 2021. At the time, its rivals to buy the business included Next, Frasers Group and Shein, according to reports.Last year, ASOS has reportedly considered selling Topshop in the face of its own widening losses and ballooning debt, although nothing happened at the time, even though Shein and Authentic were said to be interested.Both of those giant businesses are acquisition-hungry and both have shown enthusiasm for buying UK properties. Shein, for instance, acquired Missguided from Frasers Group, while Authentic is the owner of both Ted Baker and boot company Hunter.They both have very deep pockets too and would be able to pay a premium price if ASOS was in a position to hold out for one.It's unclear whether Shein and Authentic would be rivals or partners in buying Topshop as they have existing links with each other. Shein last year acquired an interest adding up to a third of Sparc Group. That's a joint venture between Authentic and Simon Property Group.But one big question here is whether ASOS would want to sell one of its top-performing units to a business like Shein that has become a thorn in its side. It's a major rival whose success is partly responsible for ASOS's sales struggles in the past couple of years. Anything that would strengthen its rival is likely to be bad news for ASOS.But its current problems may force it to take actio

[ajseabright] 20/4/2024 10:38

What you think of the new directors mush

[wolfofhounslow] 20/4/2024 08:18

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.

[wolfofhounslow] 20/4/2024 08:17

?#ASC Asos was kept at EW by Barclays "Early days but evidence suggests that ASOS' strategy is starting to work and inventory levels and profitability are improving""We expect focus to now be on execution during 2H to help build investor confidence in the turnaround story"

[throgmortonstreet] 20/4/2024 06:32

A statutory loss of £270 Million is still a MASSIVE FINANCIAL LOSS, no matter how much you try to camouflage it.

Latest website traffic data and visitor numbers for ASOS's website up to and including 31st March 2024 show declining visitor numbers, which ultimately means less sales.

Marketing spend is up and sales being down, isn't a recipe for success, that is for sure

ASOS has also 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

[robertbarns1] 20/4/2024 00:07

our only hope is for a takeover at 650p to 700p



or we are toast!

[ajseabright] 19/4/2024 19:36

Your amazing Rob

[wolfofhounslow] 19/4/2024 19:08

Shorts closing

[wolfofhounslow] 19/4/2024 18:51

https://shorttracker.co.uk/company/GB0030927254/

[robertbarns1] 19/4/2024 17:31

got my order in at 330p




should get filled later this month

[seedoftongo] 19/4/2024 16:44

Qantas , the chicken of ADVFN .

The bottom of the food chain .

[thanatos abysss] 19/4/2024 16:28

qantas when will this actually go up

all you do is say it hammers up

and all it does is hammer down


you really need to give this up


youore facking useless

[factsandfigures] 19/4/2024 16:28

On a serious note, I wouldn't trust any investment recommendations from the analysts at Barclays. They are wrong more times than they are right. CONSISTENTLY WRONG SPRINGS TO MIND !!

13-Apr-22 Barclays Equal Weight 2,280p
01-Jun-22 Barclays Equal Weight 2,125p
20-Jun-22 Barclays Equal Weight 884p
12-Sep-22 Barclays Equal Weight 920p
21-Oct-22 Barclays Equal Weight 730p
06-Apr-23 Barclays Equal Weight 625p
27-Sep-23 Barclays Equal Weight 450p

[qantas] 19/4/2024 16:22

Fun fact I see you still have eggs on your face.

I do wonder sometimes G-Y bears so doomed to failure and desperate.

Share price hammering up shorts closing.

Please do your own research as always and follow FCA guidelines

[factsandfigures] 19/4/2024 16:13

The analysts at Barclays have been wrong about ASOS nearly as often as QANTAS a.k.a WOLFOFHOUNSLOW a.k.a CHATCHAT

[blackhorse23] 19/4/2024 16:11

Liberum has issued its 'sell' recommendation for ASOS PLC (LSE:ASC), expressing concerns about the online retailer's recovery and financial health.In a detailed analysis, concerns were raised regarding the painful transition to a new operating model, which has resulted in a significant decline in sales and profitability in the short term.

[ajseabright] 19/4/2024 16:08

Any ideas if new directors any good?

[ajseabright] 19/4/2024 16:07

How many shares you hold now in ASOS

[ajseabright] 19/4/2024 16:07

Any comment on new directors?

[ajseabright] 19/4/2024 16:06

What you think of new directors Facts??

[qantas] 19/4/2024 15:57

Seed must be the biggest loser today.

Please do your own research as always and follow FCA guidelines

[wolfofhounslow] 19/4/2024 15:53

?#ASC Asos was kept at EW by Barclays "Early days but evidence suggests that ASOS' strategy is starting to work and inventory levels and profitability are improving""We expect focus to now be on execution during 2H to help build investor confidence in the turnaround story"

[wolfofhounslow] 19/4/2024 15:50

Shorters going mental Hmm

[factsandfigures] 19/4/2024 15:49

HERE'S ANOTHER ASOS BROKER DOWNGRADE & SELL RECOMMENDATION THAT'S JUST ARRIVED !!
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Shore Capital has reiterated its 'SELL' recommendation for loss making clothes retailer ASOS, saying the company is "paddling upstream" with ongoing sales pressure, high levels of debt and the threat of much greater competition from foreign rivals

[sellhighandbuylow] 19/4/2024 15:39

The City downgrades and SELL recommendations for ASOS have started rolling in:



Liberum Capital has reiterated its 'SELL' recommendation for ASOS PLC (LSE:ASC), with a long term target price of just 360p, expressing deep concerns about the online retailer's recovery and financial health.