Asos Share Discussion Threads

[1chrish] 29/3/2020 11:51

This is promising: hxxps://fashionunited.uk/news/retail/covid-19-how-retailers-in-the-uk-and-ireland-can-learn-from-italy-s-online-sales-surge/2020031948082

[rogthepodge] 29/3/2020 00:12

Amazon ain't going bust! I don't know who you are and how many aliases you employ, but if you thing that, you need your head examining

[hosede] 28/3/2020 23:13

Like Amazon probably will! (another Co. making scarcely any profits)
The Septics still haven't caught on yet. this is the worst crash since the South Sea Bubble - possibly even the Venice crash. Trump's crazy policies could cause 130 million cases in the US and thus say 5-10 million deaths. maybe he'll see sense But I wouldn't guarantee it
If you keep buying these Cos. I guess you'll be Rogtheskinny pretty soon

[jamesto2] 28/3/2020 21:10

place your bets!! £31 in 4 weeks or £12 ?? trade is now significantly down now/profits warning again soon....maybe see £7 / £12

[lewisjamesinv] 28/3/2020 16:08

ASOS IS NOT CLOSING IT'S WAREHOUSE(S).
I have just spoken to ASOS customer services and the lady was working from home and she confirmed that all non warehouse staff are working from home and warehouses will NOT CLOSE at all. Business as usual.
I went on and asked about the sales and as I had envisaged, the sales are good and bus. The sales are UP as all retail clothing stores are closed in the UK and most countries worldwide!
The only delay is the shipping which is 1 day delay! NOTHING considering what is happening everywhere.
IGNORE THE SILLY POSTERS WHO ARE TALKING ABSOLUTE RUBBISH.
This will be back to 31.00 within 4 weeks! Trading update will be great (all things considered).
All the best and be safe.

[rogthepodge] 28/3/2020 15:29

like Amazon did!

[jamesto2] 28/3/2020 14:53

exactly and a real chance this could go bust!

[rogthepodge] 28/3/2020 13:12

Like Amazon did

[hosede] 28/3/2020 12:43

The whole trouble with this Co. is that instead of concentrating on profits and building up a cash pile to insulate against a downturn, they just wanted to go on expanding and expanding as though the world would never change. Sadly it always does - it has now - and it may cost them dear.
To quote Omaar Khayyam
" better be happy with the fruitful grape than sadder after none or bitter fruit"

[greco600] 28/3/2020 11:13

Really they are still selling and bringing in cash compared to many other buissness.Plus they will be able to hold off some payments such as rent and other payments. So raising cash I don't think so.

[jamesto2] 28/3/2020 09:33

CASH IS RUNNING OUT FOR ASOS.
They will need a cash !!!! raise soon 🙈🚩

[greco600] 27/3/2020 22:59

7th of april!!There is alot of bad times priced in so if you are short get ready as it could possibly cost you alot to buy those shares back.

[hotaimstocks] 27/3/2020 22:06

shocking that they put all staff at risk and stay open. expect news next week

[kemche] 27/3/2020 21:36

prsche = TW
jackson = TW
hosede = TW
james = TW

rog, can you spot any more?

[s34icknote] 27/3/2020 20:46

Priced inEverything closing for two monthsShares down 31 to 12 in line with most sharesASOS missed the rallyBoohoo rallied Sicknote

[jackson83] 27/3/2020 19:38

£5 soon with its profits warning.

[jamesto2] 27/3/2020 19:36

ASOS TOTAL LOCKDOWN SOON..
Asos to announce warehouse to close next week

[rogthepodge] 27/3/2020 18:25

possibly bad news is discounted in the share price?

[porsche1945] 27/3/2020 18:02

As soon as asos closes its warehouse (shortly) these and boohoo down by another 50 pc, the next trading update will destroy the shares anyway. 10th april I think.

[singh is king] 27/3/2020 17:00

Under pressure to close: