Asos Share Discussion Threads

[zccax77] 19/6/2019 22:01

2% margins you say? So much for the internet replacing the high street. They be drowning in returns which require first world labour to sort out, been seeing a lot of discount codes in HUKDL must be struggling. Internet businesses will never make money, look at even Amazon who are now going in reverse without their AWS they would be toast.

hxxps://economia.icaew.com/opinion/june-2019/online-shopping-why-its-growth-may-end

[umitw] 19/6/2019 09:07

You don't know what the summer is going to be like!We may have very hot July & August.

[niggle] 19/6/2019 08:55

Retailers are getting trashed. The UK summer is a wash out, expect lower.

[umitw] 19/6/2019 08:54

Looks like we have to wait much longer to see 44 pounds!

[christh] 19/6/2019 08:22

tipped to go to £44 by broker
Date..........Broker..............Recommendation...New target price...Notes
18 Jun 2019...RBC Capital Markets...Outperform.......4400.00.........Reiterates

[mwainw1973] 18/6/2019 16:11

Strange reaction to a big share dump

[umitw] 12/6/2019 17:05

Top shop in brink of collapse !

[fuji99] 12/6/2019 08:55

BOO has proven this morning that on-line shopping is thriving.
ASC, now well established everywhere in the world could be held for 2/3 years to see it reach £60 again.
As demonstrated by Amazon et al., everything on the planet lives and breathes on-line.

[fuji99] 11/6/2019 14:43

I think Ted Baker warning is due to the competition from the likes of ASC - as on-line shopping/fashion in general is killing slowly the high street. Add the high price for TED fashion then you have the reasons. IMO this is a very good entry point from here.

[porsche1945] 11/6/2019 13:55

Wish Amazon would come and buy this, Ted Baker results out today and their shares collapsed, retailing in the UK thanks to a trashed currency (brexit sxxtshow) going down the toilet regardless of high st or online, worried about next trading update, still holding but think I should have sold, if there is more bad news these are back to 22 quid in a heartbeat and maybe lower.

[bradbury3559] 05/6/2019 11:41

Come join the party #BBSN

[zccax77] 31/5/2019 22:43

2% profit margin you say. I think they are cancelling a lot of accounts which have a high return of goods. I can only imagine these punters cost a lot of money from a cost point of view. Plus have seen them do a lot of promotions recently such 20% off vouchers. Sales must be slow.

[daytrader14] 31/5/2019 08:46

A very dangerous game. Their customers ARE their business.

[skatersav] 30/5/2019 14:26

Worth monitoring the ratings on the likes of TrustPilot. Also worth noting the rising payables/accruals, which includes a provision for returns. I think the company might be flaming its relationship with customers to protect its cash flows (which are rubbish anyway).

[madbadtrader] 29/5/2019 19:41

Quite some downward movement, last time that happened preceded a Profits Warning; does the city know something the private investors are not privy to?

[porsche1945] 16/5/2019 10:44

Minerve, you have no compassion for a guy who loses three kids becos hes a billionaire (self made)?? Sick, what a grotty little person you are.

[bulltradept] 07/5/2019 20:48

JD Sports and Asos warehouses like 'dark satanic mills'

JD Sports and Asos have been accused of running their warehouses like "satanic mills" after figures showed the number of ambulance callouts to their sites.

Ambulances were dispatched 40 times to JD Sports' troubled Rochdale site last year, while there were 45 callouts to the Asos warehouse in Grimethorpe.

Union Unite said the figures reignited concerns about working conditions.

Both employers emphasised the importance they placed on the health and safety of all staff.

The figures, based on Freedom of Information requests, showed that ambulances were called out to the Rochdale warehouse 117 times over the past three years and 148 times to the Asos site in South Yorkshire.

[jarega85] 26/4/2019 17:46

https://www.bbc.co.uk/news/newsbeat-48051242

[minerve 2] 23/4/2019 18:39

I know he is a billionaire and I know how disrupting his business has been to others in the industry. That's all I need to know. ;)

[amadeus888] 23/4/2019 18:36

Disgusting and shameful comments, Minerve. You neither know him nor his family.

[minerve 2] 23/4/2019 18:34

Why would you need to be in Sri Lanka this time of year???????????