Asos Share Discussion Threads

[lodgeview] 19/3/2019 14:59

Short it? I think the time for that has long gone. Bought 40k worth at the low. Great update. I expect shorts to close which will lead to the big rerate here.

[niggle] 19/3/2019 12:19

And I didn't short it! damn

[moorsie2] 19/3/2019 09:47

I would also be extremely sceptical of cracking the US market... too many vested interests in that market to roll over to a UK new entrant... just saying..

[umitw] 19/3/2019 08:59

Sorry about typo. I meant 328.5 million in US, approx. 154 million in France & Germany in total.

[dalailama] 19/3/2019 08:53

Zalando - plain/boring, expensive?, older market?

[umitw] 19/3/2019 08:48

They seemed to cracked the US market. It will balance out with Germany & France. Different clientele IMO.AFTER all US population is 1 billion against France& Germany.

[moorsie2] 19/3/2019 08:44

Zalando are the dominant player in Germany and France - these markets will be impossible for ASOS to crack

Without world domination the valuation multiples do not stack up. Expecting more pain than gain here over the next 12 months as far as valuation is concerned...

[umitw] 19/3/2019 08:39

Well done to shorters, they made 10 % in 30 mins.

[umitw] 19/3/2019 08:38

Allianz says , profits will come with US , he is confident about Asos.

[jarega85] 19/3/2019 08:34

Could not buy on the dip, what does that tell you!

[kaisersuzae] 19/3/2019 08:31

Well flying back up. Blue before end of day?

[gswredland] 19/3/2019 08:28

Long term hold i reckon!

[umitw] 19/3/2019 08:12

Frankly, it's pretty good results considering the global markets & retailers

[umitw] 19/3/2019 08:11

Longer term hold IMO.

[kaisersuzae] 19/3/2019 07:57

Price: 181.45Asos reporting at 7am..Today 06:52One of the companies reporting at 7am is the online retailer Asos.Its shares took a pounding in December when it disappointed the market after cutting its expectations for growth to 15% from a previous forecast for as high as 25%.James Bevan, chief investment office at CCLA Investment Management, told the Today Programme that the shares had since recovered on the realisation that 15% growth is still "jolly good".

[albert zog] 19/3/2019 07:53

Not enough here to get bulls excited. Struggling to maintain FY guidance. But crucially no major profit warning either. Drab

[kaisersuzae] 19/3/2019 07:44

Sales at online retailer Asos rose 13% in the three months to the end of February.It kept its guidance for 2019 sales at 15%.Nick Beighton, chief executive, said that performance in the US was behind plans. "As our Atlanta warehouse went fully online, demand far exceeded our expectations. Whilst very encouraging for the longer term, this caused a significant short-term despatch back log which we have now cleared"."Our retail gross margin guidance for the year remains. We will be increasing investment in price and marketing in the second half, particularly in France and Germany. Given the actions we are taking together with an improving US performance, we believe the group will deliver stronger growth in the second half. Consequently we remain confident that we will meet guidance for the full year."

[typo56] 19/3/2019 07:29

Looks much in line with expectations. France and Germany not so good though, requiring "investment in price". To me that means "discounting"!

[kaisersuzae] 19/3/2019 07:20

Will be interesting today

[umitw] 19/3/2019 07:14

Not bad results, considering low growth environment.Globally doing well.

[jarega85] 19/3/2019 07:05

As expected. US growth sounds promising and unexpected however so a nice surprise!

[jarega85] 18/3/2019 21:31

£40 here we come!

[gswredland] 18/3/2019 20:54

Yep fingers crossed