Asos Share Discussion Threads

[buywell3] 06/4/2020 03:27

8 months later

The last IC recommendation on ASOS PLC shares was Hold at 3,325.00 on 05 Feb 2020



bulltradept 19 Jul '19 - 16:13 - 15104 of 15890

IC View

Last December, Asos warned that it had endured a significant slowdown during the “very material month” of November. Yet, even after the latest fall, the shares still trade at around 80 times forecast earnings. In fairness, the group expects to complete the automation of ‘Euro Hub’ by September, and to reach its targeted US stock level by the end of autumn. Since the update, chairman Adam Crozier has also picked up around £0.1m worth of shares – perhaps hoping to shore up confidence. For now, we’re staying firmly – and cautiously – neutral. Hold.

Last IC view: Hold, 3,940p, 24 Apr 2019

[peteret] 06/4/2020 00:08

China they can go out now

[rogthepodge] 05/4/2020 23:49

I saw a lot of people out today 'exercising' Nicely dressed in the main!

[balaura] 05/4/2020 23:34

Over the weekend, almost all the items on my Asos wishlist have sold out :-P. I was waiting for further discounts, but...who the hell is buying out there, like there is no tomorrow...?

[ltcm1] 05/4/2020 10:31

I will have to do some research Lol.

[rogthepodge] 04/4/2020 19:44

or somewhere in between!

[hotaimstocks] 04/4/2020 19:16

this will be £10 or 20 quids next week

[rogthepodge] 04/4/2020 17:44

don't be silly

[jamesto2] 04/4/2020 16:42

50p within a year

[greco600] 04/4/2020 09:29

Ok you said there profits sorry, but that's still incorrect. I believe they do ship there but not huge sales there as I'm aware.Saying that the drop in oil price will stop teenager's buying clothes well I dunno what to say to that really haha.In respect to oil prices I believe opec members, Russia and America well come to agreement to cut production,.if that doesn't get agreed Monday then it will very soon for all parties involved it's beneficial.

[greco600] 04/4/2020 09:24

What are you talking about. Profits aren't reported in Russian lol What gave you that idea???

[greco600] 04/4/2020 08:56

'Why are people buying boob tubes': fashion workers' anger at owners and consumers | Business | The Guardianhttps://www.theguardian.com/business/2020/apr/03/why-are-people-buying-boob-tubes-fashion-workers-anger-at-owners-and-consumersNot asos but this shows sales aren't down.

[jamesto2] 03/4/2020 21:33

in 2003 this was under 4p

[onjohn] 03/4/2020 21:29

132p target

[deepblue159] 03/4/2020 21:04

When is the next trading update? I believe it was 7 Apr, but now it says 8 Apr on the investors calendar website. Has it been moved by one day?

[greco600] 03/4/2020 20:51

Really you can't even get your dates correct!!

[olivert] 03/4/2020 20:18

Why would the MMs take it down 100p in a day when results are out Wednesday 8th April?

You are having a laugh!

People will get burnt next week....

[rogthepodge] 03/4/2020 19:44

why would historical sales be down 50%?

[jackson83] 03/4/2020 19:05

expect a drop in sales of 50% / 60% on results day as things are getting worse for ASOS and boo EVERY DAY NOW.

[rogthepodge] 03/4/2020 16:28

people are also talking it down. Let's just wait til results next week eh?

[albert3591] 03/4/2020 16:18

It will be interesting what form of words are used when trading news comes out,I hope it’s not deferred.

[albert3591] 03/4/2020 16:16

People can try talking it up,but the truth is nobody knows how it will pan out.I will keep my money where it is at the moment.To many scenarios are possible.