Asos Share Discussion Threads

[fuji99] 20/12/2018 15:47

The only thing I can say is this: The darling of the stock market is being butchered day after day. I remember buying 20.000 ASC shares at 45p in 2004. A few weeks later, thinking I made a killing, I sold them at £1. Years later I saw them hitting £80 in one day. I knew I missed the millionaire club that day.

[albert zog] 20/12/2018 14:53

They need to raise c400m new equity

That would be at a price of £15 per share

[trt] 20/12/2018 14:49

Could see £15 at this rate

[tomboyb] 20/12/2018 14:44

Actually looks like 2000p is coming -

[pal44] 20/12/2018 14:40

more buys then sells should perk up IMHO

[andycapp1] 20/12/2018 10:20

Sentiment might turn but it’s still overvalued. Nearer £15 might be right given B/S risks and around £100m pre tax.

[madbadtrader] 20/12/2018 09:00

Come on people we all know they will need to raise some more funds, before they run out of money (first half of next year). What do you think is going to happen to the share price when they announce fund raising? Debts of over £500million, barely made pre-tax profit of £100million yet it is valued at £2billion – so it can drop another 50% and still be overvalued!

[albert zog] 20/12/2018 08:44

Nothing to do with sentiment you buffoon

Everything to do with cashflow, valuation and economics

Invest in a GCSE in accounting, it might help

[upwego] 20/12/2018 08:43

will be £40 again very soon! look at it like a gift buy and hold they £70 not long back a matter of months DYOR

[pal44] 20/12/2018 08:41

agree ASOS still making a profit . GLA

[gregpeck7] 20/12/2018 08:37

Scare mongering, this is a fantastically successful online fashion business. Sentiment will turn.

[albert zog] 20/12/2018 08:28

Significant equity raise on cards

Will smash thru current facility early in Q2 - this is before Brexit

[stallone10] 20/12/2018 08:17

See you at 10 pound

[tomboyb] 20/12/2018 08:12

Surprised if this ended up blue today -

I didn't like that RNS -

But dyor -

[the_man_with_the_pink_gun] 20/12/2018 08:11

THE MARKETS CRASHING, RUN FOR THE HILLS PEOPLE !!

[telbap] 20/12/2018 08:09

Just noticed Mr Robinson has given away the last of his share holding. Clearly the Swiss gnomes wanted more holding as the share price ebbed away and their OD looks like it's increasing.

[porsche1945] 19/12/2018 19:42

Brexit just a bloody nightmare fullstop, self harming knuckle dragging protest voting idiots that voted for it....the secret for Asos is to push its business elsewhere, maybe shunt much more of its spend to the US, UK looks pretty terminal, this is a good company and i have seen and bought into it before at these levels, i could see it down to 1600 but im starting to drip feed in, dont know where the floor will be, if sterling recovers if they can swerve the brexit fiasco this will recover fast, people are getting poorer with a weak currency and foreign produced stock more expensive to buy in, these may never get back to 7 but could see them back at 5....

[albert zog] 19/12/2018 19:42

Bang on teilbap

ASOS and ASOS Plc investors asleep at wheel

Shipping logistics and debtor days are big factors around Brexit and liquidity

H1 will be a Mare itself but H2 is now the key trading period

[telbap] 19/12/2018 19:14

No one here seems at all worried about brexit implications for all ASOS non Uk shipments. Moving bulk goods or just shipping orders ex Uk will become a head ache. I did it in the 70's and 80's as no one knows what export to Europe will look like next year who can say.....nah, don't worry about that?

[knowing] 19/12/2018 17:14

I think you mean QUIZ will hit 17p kaka

[kaka47] 19/12/2018 16:57

Sp will hit 17 pounds

[tomboyb] 19/12/2018 16:46

Nick Robertson is a brilliant entrepreneur which is why it is confusing to see this margin loan facility whose wording is very similar to some other stocks rns's(-) -

I never short company shares ( only indicies) but i don't like the word PLEDGE.

[tsmith2] 19/12/2018 16:40

Looney out. Time to buy

[tsmith2] 19/12/2018 16:39

Capitulation