Asos Share Discussion Threads

[ny boy] 09/7/2018 18:16

All good here, happy holding, expecting some fantastic numbers at the next update.

[h2owater] 04/7/2018 19:45

Koovs rallies as India's largest retail group subscribes for a stakeWed, 4th Jul 2018 14:23(Sharecast News) - Shares in Koovs rallied on Wednesday after the Indian fast fashion retailer said that Future Lifestyle Fashions - which is part of India's biggest retail group, Future - has agreed to subscribe for a stake of up to 29.9% in the company.Future Group owns more than 60 brands, operates close to 2,000 retail stores and attracts footfall of more than 500m annually. It also has one of India's most unique digital payment platforms, Future Pay, which has an active user base of over 6.5m.Future Lifestyle Fashions owns and markets 30 fashion brands through exclusive brand outlets, department stores and multi brand outlets, as well as company-operated chains such as Central and Brand Factory.Koovs chairman Lord Alli said: "This marks a giant step forward in the Koovs' journey to win the e-fashion market in India. FLFL with its leadership position as an integrated branded fashion player and the Koovs brand and technology platform are an unbeatable combination. This investment will bring enormous benefits to our customers and partners as well as significant value for all shareholders."Koovs will issue FLFL with just under 58m new ordinary shares at 10p each, representing 24.8% of the enlarged issued share capital and raising £5.8m in cash.The company also announced the formal opening of a bookbuild to raise as much as £10m of equity at 15p per share.Hardman & Co said: "With the capital and the partners, Koovs now has the substantial platform on which to build India's leading fashion e-tailer and has financially de-risked the whole venture."At 1430 BST, the shares were up 23% to 22.50p.

[h2owater] 04/7/2018 19:07

For you rich folks:The next ASC is KOOV in India► The deal: Koovs will issue 57.9m shares to FLFL at 10p per share, raising £5.8m. It will also look to raise a further £10m from selected investors at 15p per share. The capital raised fulfils the conditions of the HT Media deal. If the full £10m is raised, FLFL will subscribe for further equity, taking its stake up to 29.9%. ► The benefits: FLFL is a huge, nationwide bricks-and-mortar fashion retailer. It is also a vertically integrated business manufacturing its own brands, as well as selling well-known international labels. With Koovs leveraging FLFL’s scale and distribution, this should improve its revenue and margins much faster. ► Valuation: Once the deal completes, the equity case moves from being an option to a soundly-based proposition. We previously estimated that the current EV of a future successful Koovs could be ca.£357m, including the funds to be raised. This deal completely transforms Koovs’ prospects, in our opinion. ► Risks: Once refinanced, we see the two key risks being slower uptake of ecommerce in India than we forecast and damaging discounting by Koovs’ indirect competitors. Koovs also needs to manage the relationship with FLFL successfully to optimise its benefits. ► Investment summary: Once the deal is completed and the money raised, Koovs becomes an exciting way to play the last big world retail market to move online. The prize, if it gets it right, is a billion-pound company and more. It is likely to be a bumpy, exciting ride, but investors have the reassurance of a highly experienced management team in charge, and the backing of two major Indian corporations straddling both retail and media.

[ny boy] 22/6/2018 08:35

Added at sub 6300p earlier.

[cryptotrade] 19/6/2018 10:49

Yump that's a great story. I hope they're worth a tidy sum.

[cryptotrade] 19/6/2018 10:48

Hosede,Post 14201 I get you, but you assume life is perfect, shares should trade only ever to a so called metric value. It don't. I've learnt over the years to go with the trend. If brokers, or big boys want to trade the stock, they will trade it to suit themselves, whether it's too high or too low. Asos is in its own space, competition is there but its price on the lead it has. Simple as that. Sure it may crash and burn one day in the meantime no chance.

[telbap] 12/6/2018 22:59

He retired to Barbados.......bought the island.

[johnyee 7] 08/6/2018 11:08

Anyone know what happened to williemanjaro? he was one of the originals on here.

[ny boy] 07/6/2018 10:46

Wants higher, I am also in (SOS), ASOS for grown ups!

[ny boy] 06/6/2018 08:51

Wants higher

[cryptotrade] 25/5/2018 12:47

Will retest £70

[ny boy] 25/5/2018 11:12

Breaking higher again, investors keen to buy dips.

[ny boy] 24/5/2018 13:50

I bought sub 6000p when a few were calling of a collapse! Best dyor and ignore the noise.

Buyers coming in on dips, back into the 7000p’s Q4 imho

[niggle] 24/5/2018 09:14

I'm not sure why this thread was dropped as it has the most posts going back 12 years. This weather is a massive boon for ASOS - long may it continue!

[yump] 04/3/2018 16:15

Well I've just discovered something quite bizarre. A long time ago (too long) I sold out of ASOS as I thought it had gone too far and competition would knock it. Couldn't bring myself to buy back in.

Then suddenly while clearing out stuff this weekend, my wife suddenly asked me if I'd sold her ASOS shares. What ASOS shares ? I asked. Apparently she bought some when I said years ago that their affiliate scheme was going really well and she didn't tell me because I 'mess about with shares instead of leaving them alone'. She was never really interested in shares and I think she got some through a broker friend.

I didn't react except with surprise and she hasn't checked the price yet. So seeing as her birthday is very soon, I'm just wondering if I can do something 'creative'...

Whatever happens its going to be embarrassing to say the least. LTBH - Pah !

[hosede] 27/2/2018 10:28

Crypto
Well it made 70p a share last year, so in this bull market 25 x that would be £17.50 say - in a bear market 8 x that =£5.50

[jamesto2] 16/2/2018 21:18

Scroll down and click onto Nick Beighton CEO ( play button ) just wished I had kept mine back then as I sold them at 16p about 14 yrs ago ... Also click the Media tab & click onto great Asos videos

[jamesto2] 16/2/2018 20:55

i036327 - yes that's correct as if you had invested just £1,500 at .10p in 2003 you would have 15,000 shares & X that by £75 you would be a millionaire as you would have 1.125m pounds at today price .. No dilution think it floated at 20p in 2000 then went up to around 30p & back down to just 4p in September 2003 around £70 in 2014 then back down to £20 and now look its £75 plus & some are saying it could go above £100 within a few years now ... Crazy but it's the best ever stock to IPO ON AIM back in 2000

[cryptotrade] 12/2/2018 14:37

like what hose? Sensible, yet you say nothing about that valuation.

It's like saying , hey you could get a better car than that? Like what they say? Dunno. !

[hosede] 08/2/2018 15:43

Fallen back to support around 68 Long way still to go to a sensible valuation

[cryptotrade] 06/2/2018 17:22

yes correct, no consolidation. If you got 5k STERLING at £1 it would have been worth £350K sterling.

[donaferentes] 01/2/2018 15:19

No consolidation - just meteoric rise into the future and beyond . . .

[gersemi] 01/2/2018 05:24

I am next to certain that there's been no consolidation of ASC stock at any time in its listed history.