Asos Share Discussion Threads

[careful] 17/10/2018 16:02

The dot com boom is happening all over again.
Remember when everything that ended in .com had its value tripled?
I suppose it must be the next generation, those not born or under 10 years old do not remember the .com boom of about 18 years ago.
They go nuts on Bitcoin as well.
Can you imagine Buffett buying in to ASOS?

ASOS is now valued higher than MKS. (£4.85bn vs £4.62bn)
MKS turnover is £10.7bn, ASOS £2.42bn)
MKS dividend 6.57%, ASOS 0.
Mks Assets £2.95bn ASOS O.44bn.

Every new generation is entitled to have its go at being insane.
That is how we all learn.
Warren Buffett can forget Ben Graham's value principals, all of that stuff is out of fashion.

[sponges] 17/10/2018 11:43

Careful - It will pass this current fad - like rock'n'roll did ha ha
The world has changed I believe (and I'm 60) and it isn't going back - online will just keeping growing year on year - although agree valuations appear high asos has surely proven their model now over a long time period with obvious ups and downs along the way

[careful] 17/10/2018 11:13

15% of uk shopping is now online.
the way the believers talk you would think it was 75%.

you have to be in your house to take delivery.
when it arrives it looks cheap and does not fit.
you have to re pack it and return it,( after wearing it for a night out)

what a shambles, it will pass, this current fad.
online will be stuck at 20% maximum.
...and everyone including MKS are online.

ASOS is growing from almost nothing to a little bit more than nothing.
A PE of 58 seems dear.
But compare to Netflix at 120 and Amazon at infinity, I suppose it is relatively cheap.
(a cheap tulip, as in tulip mania)

[sponges] 17/10/2018 10:43

There is a whole generation now that have grown up using the internet to shop and who wouldn't dream of ever physically getting in the car and going all the way to their local town centre to visit MKS or any other bricks and mortar operation for that matter - whether any of us like that or not - that is the facts and why a company like asc is doing well - so I wouldn't say the lunatics have taken over the asylum - more that another generation are doing it their way (IMHO)

[careful] 17/10/2018 10:28

ASOS now valued the same as MKS.
crazy.
the lunatics have taken over the asylum.

[umitw] 17/10/2018 08:37

Can ASOS hit 60 GBP today..?

[dcarn] 17/10/2018 08:35

Good old ASOS, excels again.

[ny boy] 17/10/2018 08:13

Not in but well done those that either bought or are still holding, certainly v strong results

[umitw] 17/10/2018 08:06

I bet you did not expect this? Expert!

[ny boy] 11/10/2018 07:43

Market sell off could well have only just started, these growth stocks are best avoided until the damage is over. Keep ones powder dry for now.

[madbadtrader] 09/10/2018 20:58

Fell from over £70 to around £17 in the space of around 10 months in 2014.

With current PE at 66, even dropping 50% to £26 would give it a PE that some would consider to high!

[trt] 09/10/2018 13:46

Could see this drop to £45 short term

[bulltradept] 09/10/2018 11:44

Loads of aim 100 big caps getting smacked long may this continue! Surprised BOO is holding up so well though..

[jenniferzz] 09/10/2018 11:31

You might expect some to catch a falling knife speculative punts to turn a profit or people judging a bottom point for a entry point. You can get burnt doing that but this share is something else it just defies gravity and has done over many, many years. You know it would not surprise me to see this at 4000 or 7000 within a month. Too tough to call.

[moorsie2] 09/10/2018 11:20

If this breaches 5000 then fear the triggering of many stop loss positions and margin trade positions being closed

[ny boy] 09/10/2018 11:05

Bring back the high street & J. Lyons tea shops, everything was so much simpler in those days!

[moorsie2] 09/10/2018 10:01

France has introduced a digital business delivery tax. Very interesting as it complies with anti competitive laws yet creates a more level playing field for busineses that are paying lots of business rate taxes

[jenniferzz] 09/10/2018 09:45

'On line tax is ridiculous' I suppose any business that pays tax would like to say that I don't see why if you are 'online' or invested in an online business it is ridiculous, other than self interest of course.

[niggle] 09/10/2018 09:42

On line tax is ridiculous. They will kill a lot of businesses teetering on the edge.

[discojames] 09/10/2018 08:47

Its been overvalued for longer than I care to think, growth has slowed yet the PE ratio stays ridiculously high, a major investor has been selling out of it, brexit is incoming, and online tax will be a major disruptor in the near future, competitors like boohoo and next have been fairing better.

[izztre] 09/10/2018 08:21

Anyone have any idea why this is continuing to fall?

[bulltradept] 08/10/2018 22:10

I see ASC did well this evening on Stacey Dooley investigates; "Fashion's Dirty Secrets."

[jenniferzz] 05/10/2018 15:11

Oh WOW !!! thanks so much for the tip hotaimsticks so good of you. Be careful not to trip over the ramp on your way out. I wish you well with your speculative punt now turned into a long term investment in MMX.

[hotaimstocks] 05/10/2018 12:04

MMX is hot .. Thank me later it's only 6.9p ..

[jamesto2] 04/10/2018 05:33

harebridge 😍 - 04 Oct 2018 - 05:26:10 - 4798 of 4799
Me thinks that Indian Billionaire Kishore Biyani of Future Group & multi millionaire ex ASOS boss Lord Waheed Alli who now own 50% of Koovs between them are a little bit more switched on than the multi aliased wronguns who post on these threads all day & night.