Asos Share Discussion Threads

[christh] 14/1/2020 10:31

look out results (trading update) 23 January

The sector has performed exceptionally well and in fact, very strong, all online
Retailers.

I look forward to £39 target share price on 23 January and beyond.

GLA

[nitbhav06] 11/1/2020 12:48

Well done dcarn for spotting it.

[dcarn] 10/1/2020 19:54

Don’t know about 3p, but I do know they were 6.75p on 16th May 2003 as I still have the contract note.
I still have some of the shares as well although unfortunately not all.
There’s never been any share consolidation.

[jamesto2] 10/1/2020 19:38

was this really in the 3p's ??? back in 2003 or has it had a 50/1 share split

[bill hickman] 10/1/2020 10:09

Buystock why would anyone want a link to your twitter handle ?

[bill hickman] 10/1/2020 10:08

Buystock still posting links to your twitter ramping handle.

How many twitter ramping handles have you got buystock ?

[greco600] 03/1/2020 09:14

A few days even weeks isn't long .

[middlesboroughfc] 03/1/2020 08:55

sold last week and below that now

[greco600] 03/1/2020 08:54

Online sales grew for next in 3 months 15.3%This re-instates that online shopping still is increasing!!Shorts will be buying back at a higher price if they hold for any sort of time!Good luck all

[christh] 02/1/2020 10:14

DO NOT BE CHEATED AND SELL YOUR SHARES

OBVIOUSLY SHORTERS TRYING TO ROB YOU, MAKING YOU BELIEVE THEIR LIES.

THIS IS WORTH £40-£60.

I expect on the trading update to hit £35 and maybe higher as things have significantly improved in selling but alsothe warehouse operations worldwide.

[christh] 02/1/2020 08:29

Buy.....23 January trading update.
It will hit £35.

Results will be good to excellent

[meijiman] 27/12/2019 10:53

Yes the revenue/margin model reminds me of Amazon!

[porsche1945] 27/12/2019 10:37

Mad discounting over xmas in uk retail, figures from all likely to be dire. This on a pe of 40 and operating margins of 1 pc. These should be around 15/16 quid a share.

[middlesboroughfc] 27/12/2019 10:19

yeah i dont fancy being there on the next ts

[christh] 27/12/2019 10:03

Date................Event
23/01/2020......Trading Statement for the four months to 31st December 2019





My Target price £40

[middlesboroughfc] 27/12/2019 09:46

Sold today

[christh] 27/12/2019 09:40

Possible closing around £35
The trend is up. and momentum strong.

Online retailers had strong sales.
My target price is £40

Trading update in January.

[umitw] 27/12/2019 08:17

Amazon has recorded massive holiday sales!

[kmann] 16/12/2019 10:22

bought back in here. online data looks good to me. aSOS still the goto brand imp.

[christh] 12/12/2019 03:49

Asos gets upgrade to 'buy' from HSBC as it "turns the corner"
The online fashion retailer had a stronger promotional campaign compared to last year and looks to be avoiding a repeat of the capacity issues that hit last year

ASOS PLC -
Asos PLC (LON:ASC) is “turning the corner” after a year of disruption and is likely to have successfully navigated Black Friday, analysts at HSBC said as they upgraded the online clothes retailer.

HSBC, which tried on a new ‘buy’ rating for size following its previous ‘hold’, said positive updates from rivals Boohoo and Zalando “suggest that online apparel has performed well” over the important recent weekend that culminated with Cyber Monday.

READ: ASOS expected to “go hard” into Black Friday but has “a lot to prove” this Christmas, says Peel Hunt
Although Asos has not issued a pre-Christmas update as many of its peers have, this was the same as last year, the bank’s analysts observed in a note to clients on Tuesday.

Asos also entered the period with a stronger promotional campaign compared to last year and in the absence of negative a repeat of the capacity issues that led it to stumble last year, “there is an increased likelihood that Asos will deliver an in-line performance”.

The analysts' belief that the retailer is turning the corner is based on the "best-in-class online capabilities" shown from its track record in the UK, allied to a "significant" international potential in Europe and the US.

"However the ability to export this model has been impacted by simultaneous warehouse transitions in Europe and the US that did not go according to plan, and deflected management focus away from core product and customer engagement capabilities."

HSBC feels management has made much progress in resolving a number of issues with software and search engine optimisation, though directors feel there is still plenty to do.

With the shares having pulled back, the new price target of 3,615p, upped from 3,560p, offers a fair wodge of upside.

www.proactiveinvestors.co.uk/companies/news/908852/asos-gets-upgrade-to--buy--from-hsbc-as-it--turns-the-corner--908852.html

[christh] 11/12/2019 22:10

Moorsie2
Is that why Boohoo's sales are rocketed and likely to hit £1.5 billion this year.
Asos has sorted out its warehouse in Europe and sales are doing extremely well based on spending on credit cards.
Wait for the trading update in 3 weeks time .
For HSBC to upgrade the price from £35 to
£36.15p means they do expect and probably know the sales figures

[christh] 11/12/2019 17:30

Sad traders appear when share prices fall but never around when is climbing.
The trading update on 14 January will shift this to £39.
The trading on black Friday was a big success.
The Xmas period is a major online retailers peak selling time.
Order book is full of orders.

[porsche1945] 11/12/2019 12:36

@ christh
are you getting help with those disorders?? Asos alot more likely to hit 16 quid a share than 35, margins shrinking, having to spend more to make less. Retailing in general is fxxked.