Asos Share Discussion Threads

[amt] 17/12/2018 08:11

26 quid to buy.

[losses] 17/12/2018 08:07

Heading back to £10-15 in the coming weeks!

[tomboyb] 17/12/2018 08:07

-35% -

Bloodbath

[robizm] 17/12/2018 08:07

Fall to £27 today

[johnyee 7] 17/12/2018 08:06

wow,that's a drop.

[tomboyb] 17/12/2018 08:06

minus 32% -

2800

[tburns] 17/12/2018 08:04

£8 spread on open on ii.co.uk!!

[trt] 17/12/2018 08:02

The wonder story is over sales have plummeted - could see £25 very soon

[tburns] 17/12/2018 07:59

Probably open around £33

[tomboyb] 17/12/2018 07:54

ASOS is the bellweather for online retail -

If online is having these problems then the high street as exemplified by the current status quo is collapsing -

[amt] 17/12/2018 07:50

Yes with Mrs May appearing to ignore reality its difficult to see how this mess gets resolved. Perhaps have to do the democratic thing and ask the people what to do now. Some evidence people are changing their minds. The problems on the High Street are giving us an idea of what's ahead. The economy should be booming at the moment stimulated by the fall in the pound but it seems to be falling off a cliff.

[ny boy] 17/12/2018 07:44

Yes doesn’t look good until we see what the post landscape will be, too much dithering and can kicking by politicians is contributing to uncertainties, the only share I am adding to is (VRS)

[montyhedge] 17/12/2018 07:44

Wow, down 20% it's looking like.

[amt] 17/12/2018 07:34

That's quite a profit warning. Brexit is having a big impact now. All very worrying. Hate to think what will happen to share price today.

[tomboyb] 17/12/2018 07:32

Could be a big fall on the cards today -

Nothing is immune at the moment -

Couple that with a potential "hard brexit" and it miller time -

Thats the last thing needed now -

[discojames] 17/12/2018 07:28

Porsche1945 - wonder no longer. I love ASOS as a company but the share price has drunk for a while (too high). I think a lot of people will feel this ongoing debate was inevitablr

[tomboyb] 17/12/2018 07:20

Well -

ASOS with a profit warning -

don't see that often and its the tell tale signs of retail at this point -

[johnyee 7] 17/12/2018 07:12

Retail must be bad,even asos has a profit warning.

[madbadtrader] 11/12/2018 19:45

Morgan Stanley's update was today:
w w w.proactiveinvestors.co.uk/companies/news/210956/asos-is-burning-cash-morgan-stanley-says-as-it-slashes-target-price-210956.html

Can't believe the lunatics that keep buying! Don't catch a falling knife as is the motto: previous high prices does not mean that it will go back up, it just means that it was overvalued and in fact still is. PE Ratio of 43, Mkt Cap of 3.5bn yet pre tax profit is only £100million, has huge debts and is burning through it's cash, will no doubt need to fund raise in the not so distant future - i.e. share dilution.

[fuji99] 11/12/2018 16:20

Does anyone know the date of the update ?

[3dwd] 11/12/2018 14:54

No..... I think it's as expected... High multiple business... 40x... I think 20x is high.. So my tgt is 2500

[fuji99] 11/12/2018 14:28

Strange to see such a drop in a big rally.

[philanderer] 11/12/2018 13:59

Morgan Stanley cutting target price to 3200p from 5000p

Note here..

[3dwd] 11/12/2018 13:58

Looking to sell again... The Morgan Stanley not is good but still missed my view... Sell on strength

[jaymeemalkan] 11/12/2018 11:30

Looks like it's going up again, good time to buy!