Asos Share Discussion Threads

[woozle1] 23/9/2014 18:05

If you've lost your life savings buying ASC, then more fool you. I would sell, take what little money you have but hopefully enough to buy a book or two. Then purchase Security Analysis by Dodd & Grahame, Contrarian Investment Strategies by David Dreman and Margin for Safety by Seth Klarman. You'll never repeat the mistake and you'll make good, too.

There is a price for Asos but not yet. A more modest p/e of day 15 times, would suggest a price of £6.

In a company like this it's v important to buy with a good margin for safety because it could be taken private at a very low price.

[hvs] 23/9/2014 17:37

Who paid for the burial then ?

[mylands] 23/9/2014 17:37

leeson do as I do, use the filter option.

[leesson] 23/9/2014 17:33

Sanks why do you take great pleasure when some people are losing their life savings.
Please think before you post I know a story of someone took his own life after losing everything
Not a nice story

[sanks] 23/9/2014 17:25

Keep it simple...hence, i have a buy order in at 5p, 7p and 11p respectively

Sensible comments appreciated
Sanksalot

[woozle1] 23/9/2014 15:28

Sorry, p/e of 20 on EPS of say 40p means an share price of £8.

[woozle1] 23/9/2014 15:02

p/e of 20 means EPS of about £8. Not sure it will get that low but then I didn't think Tesco would drop so easily below £2. Tesco on p/e 7 and ASC on 40ish. Now there's a good question. History and odds say you'll make more on the former!

[mylands] 23/9/2014 08:19

Yes, broken through the £20 level. Where to now - £15 and then below £10? It would then start to approach a realistic rating. Can't understand how it has maintained such a ludicrously high p/e after the profit warnings.

[tr65] 23/9/2014 08:13

Goodbye to £20.

[billthebank] 22/9/2014 10:36

Its times like this that I knew how to short!!!!!!!

[opodio] 22/9/2014 10:27

going to drop to support at 14 pounds

[billthebank] 20/9/2014 00:31

Can't see anything stopping this dropping to £10 Shorters paradise. Unless of course a buyer materialises then shorters will be seriously burnt

[kendonagasaki] 19/9/2014 23:35

Lord Wolfsden the second esquire told me ASOS is going down.Sheila has confirmed it.I'm going to go for roasted nuts tonight!Sheila likes them crunchy!

[kendonagasaki] 19/9/2014 23:33

Not a £1!!Mary has choir practice tomorrow and that costs £3 pound just for a Bloody Mary! Maybe Nick Robertson might dump that fat secretary of his and get back to his lovely Mrs?If not...I'm gonna ask her to marry me instead.

[sanks] 19/9/2014 20:12

Kendon..its gonna drip below £1...Sheila's mate Sarah told me last night.

[hvs] 19/9/2014 12:12

lol !!!!!!

No point in talking a profit ?

Its all fashion aint it ?

[tradermania] 19/9/2014 11:59

mad foetus 18 Sep'14 - 15:24 - 13119 of 13125 0 0


What are you on about.

This company has grown since day dot. It's still growing. It's had a second fire and will recover, but some of its issues are simple, as it applies to many other companies out there. Currency issues due to US tapering. That's it. The dollar was cheaper than normal and other currencies were pumped up with inflows of cash. Now that cash is flowing back to the US and elsewhere thus making those same currencies weaker which means ASC and other companies products are more expensive. There is nothing wrong with their model, life has just got harder thats all.

MONI, nothing wrong there, again, they are doing well but need to improve revenue further.

No point talking about profit, Amazon has never made a profit...

[kendonagasaki] 19/9/2014 09:22

Is this going fall further Sanks?Mavis has a birthday coming soon..need a beer.

[sanks] 18/9/2014 19:02

Sanksalot Tday...hope you get to minjsniff tonight
If you have any issues, Farmer Giles's farm is open till midnight...its by the oak tree at the bottom.

Hope this helps

[tday] 18/9/2014 18:19

Hello Miss Sanks, I see you are back again on the BB's. When did they let you out of the old folks home, or were you expelled?

Oh.... and happy birthday. I forgot it this year - 2 September. Ninety two years old and still going strong physically, even if the mind is frequently in fantasy land. Regards to Sheila. What a dear old couple you make.

[sanks] 18/9/2014 17:12

Hope some of you more astute shaggers took heed in my brisk evaluation many months ago...always read between the matress before making shagging decisions.
Sanksalot...


Sanks 5 Jun'14 - 15:44 - 12535 of 13121 3 0 edit

Sheila missed the initial 5p buy order to £72.
She's now put in three buy orders at 5p,9p and 11p with the 43p buy order under serious review.
She did warn many nobs on here, especially the more astute ones of the pending knockerwobble, but most of you took the brokers ramping advise and did not listen...similar to some of the nobs over at RB. at the moment.

There's an old Sheila's saying, "when a share touches an all time high (skirtlift), it'll will come back for the all time low (knockerwobble)"

Sensible comments appreciated
Sanksalot

[leedskier] 18/9/2014 16:05

Give young women the choice of buying fashion online or in a shop for about the same price and they will choose the shop ...

I tried to make this point here in April, but was shot down ...


leedskier 8 Apr'14 - 09:27 - 12232 of 13119 0 0 edit

H&M is opening stores across Europe and has its eyes on China too.

For example in Vilnius, the capital of Lithuania, in the last few months it has opened 3 large stores with a 4th next month. It is cleaning up. It is the same in other Baltic capital cities too.

I have no position here.

Williemanjaro 8 Apr'14 - 10:22 - 12233 of 13119 0 0

Just as well Leedskier--ASOS dont need stores -they're already behind every homes computer---next!!!

[mad foetus] 18/9/2014 15:24

I remember posting here several months ago about Terry Smith valuation of Nokia when it was 60, and brokers everywhere were saying it should be 72. He came out with a valuation of 12, and that was bumped up because he thought his actual valuation (which I think was 3) might lead to calls for him to be sectioned. Of course, he was right, everyone else was wrong.

There are only two things that matters in this game:

1) how much profit does/will the company make? (i.e. what dividends will I get back, will they grow and for how long)

and if the answer to that isn't clear

2) how confident am I that somebody will be willing to buy this off me for more than I am paying for it now?

The problem with stocks like ASOS and MONI is that once the confidence goes there is no answer to (1), just a load of stale bulls saying those who are not invested "don't understand".

Good luck all, no fun seeing anyone lose money, but at least learn the lesson so you have at least something to show for your money.