Asos Share Discussion Threads

[havinthelasttoast] 18/10/2024 15:13

Hey wolfie.

Woohhhooooooooo

Down she goes hahahahah

[qantas] 18/10/2024 15:00

The Infant

thevladslayer

Member since: 31 Jul 2024

[qantas] 18/10/2024 07:50

Great News.

[sellhighandbuylow] 18/10/2024 07:06

SHEIN’S LOW PRICES & GROWING POPULARITY ARE KILLING BOOHOO & ASOS
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Loss making clothing retailer Boohoo PLC has officially been overtaken by SHEIN, after the Chinese fashion giant revealed a near 40% increase in sales and surging profits.

According to new accounts filed at Companies House, SHEIN’s pre-tax profits for just its British trading subsidiary, SHEIN (UK) surged from £9.8 Million to £18.7 Million for the financial year ending December 2023.

Sales at SHEIN (UK) rose 38% to £1.55 Billion, which is 30% higher than Boohoo’s UK sales of just £1.09 Billion for last year and now they are planning to overtake ASOS too.

TAKE A LOOK FOR YOURSELF :- www.shein.co.uk

[throgmortonstreet] 17/10/2024 15:05

Fast fashion rival SHEIN, moves closer to a London stockmarket listing.
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SHEIN has added more banks to help arrange its Initial Public Offering (IPO) that could value the online fashion retailer at £50 Billion (US $65 Billion), making it potentially one of the biggest listings in London in recent years.

Barclays and UBS Group have both been picked as bookrunners for SHEIN’s IPO.

The stockmarket listing of SHEIN could take place as soon as early next year. Discussions are currently ongoing with regulators in both the UK and in China.

This is more BAD news for both ASOS and for Boohoo

[losses] 17/10/2024 13:38

Wow shorts down to 1.37%

[wolfofhounslow] 17/10/2024 06:53

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

[wolfofhounslow] 17/10/2024 06:53

https://seekingalpha.com/article/4727118-asos-plc-stock-becoming-stronger-with-every-quarter

[factsandfigures] 17/10/2024 06:40

Retail analysts at Shore Capital (Stockbrokers) recently poured more cold water on an ASOS recovery, warning:

“We continue to have major concerns that ASOS is losing market share, and ultimately this reduces our confidence in the visibility and sustainability of the group.”

The Topshop disposal and refinancing strategy announced recently “might provide some near-term cushions but ASOS remains overpriced on an enterprise value-to-EBITDA basis relative to other clothing retailers.”

As such, we think ASOS shares remain a “SELL”

[wolfofhounslow] 17/10/2024 06:30

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

[wolfofhounslow] 17/10/2024 06:29

https://seekingalpha.com/article/4727118-asos-plc-stock-becoming-stronger-with-every-quarter

[throgmortonstreet] 17/10/2024 05:40

I wouldn't get your hopes up

[robertbarns1] 16/10/2024 23:49

not looking good as we could be in for more selling



let hope 400p holds this month or back to 300p

[robertbarns1] 16/10/2024 20:42

the share price action is saying more bad news




share price has gone down

[wolfofhounslow] 16/10/2024 17:41

The new CEO is driving much-needed change for a struggling retailer.With improved operations, the company is reporting the best H1 free cash flow since 2017.Topshop divestiture and bond rollover are making ASOS' balance sheet stronger and are giving the company much-needed breath.Low penetration in many foreign markets gives the company the opportunity to grow again.

[wolfofhounslow] 16/10/2024 17:41

https://seekingalpha.com/article/4727118-asos-plc-stock-becoming-stronger-with-every-quarter

[wolfofhounslow] 16/10/2024 16:22

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

[wolfofhounslow] 16/10/2024 16:22

lol it was suppose to be July this year

[throgmortonstreet] 16/10/2024 16:17

There is more bad news coming for ASOS and for Boohoo

WATCH THIS SPACE

[havinthelasttoast] 16/10/2024 07:34

See this old dog is doing what we alll deep down knew it would.

Sinking like the titanic again.

200 anyone ?

[robertbarns1] 15/10/2024 12:44

GET YOUR CASH OUT folks as this ship is sinking




shorting to 375p now

[robertbarns1] 15/10/2024 12:30

heading to 300p's soon



TIME TO SELL / SHORT