Asos Share Discussion Threads

[jackson83] 16/9/2021 09:15

DOWN SHE GOES!!!.
keep shorting as my new target price is £10.

[hotaimstocks] 16/9/2021 09:12

looking to top up at 15 pounds this year lol

[amaretto1] 16/9/2021 06:35

Now that will hit margins !!Never mind supply chains Sky news running a story ...RNS

[buy2sell1] 15/9/2021 20:48

* * * * WEALTH WARNING * * * *
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earlier millenniallnvestor (a.k.a MILLSTONE INVESTOR) posted

15 Sep '21 - 11:02 - 16720 of 16721
look at those trading bots LOL they don't want this to go any lower.

earlier millenniallnvestor (a.k.a MILLSTONE INVESTOR) posted

15 Sep '21 - 11:02 - 16721 of 16721
Directors soaking this up at 3100



Everybody on ADVFN refers to him as MILLSTONE because he's a TOTAL LOSER ON EVERYTHING HE TOUCHES including:-

Royal Dutch Shell, 4D Pharma, Boohoo, Cornish Metals, to name just a few !!!

He stated Cineworld would be bust by Spring 2021....... WRONG
He predicted Boohoo would be £20 each by Xmas 2020......WRONG

[millenniallnvestor] 15/9/2021 10:02

Directors soaking this up at 3100

[millenniallnvestor] 15/9/2021 10:02

look at those trading bots LOL they don't want this to go any lower.

[hotaimstocks] 15/9/2021 10:01

wait for 2000p top up lads.

[transhoneyqueens] 14/9/2021 16:15

dow jones collapsed again ±!

[transhoneyqueens] 14/9/2021 16:13

keep shorting ... exit price 2700p

[one_frankel] 14/9/2021 12:01

Are you aware of the foreign buy-outs of British companies recently which is only gathering pace...And the UK is significantly undervalued when compared to the exorbitant valuations of its US peers yet you consider the S&P to be a great proposition even now, hmmm!

...ASOS seems to be settling into a range of 3200-3000 and it shouldn't fall much further and expectations of 2300 will only arrive if the US continues to wobble more forcefully!

[porsche1945] 14/9/2021 08:23

Shein a big problem, thin margins and serious logistics issues juiced by the brexit epic fail. U.K. moving to being a ( VERY ) high tax low productivity country shortly to be in recession, these are being priced accordingly, you will be able to buy asos for sub 2300 by March, good entry for a trade. Aim stuff uninvestable, but you can trade it. U.K. indexes are just so bad, years of the tory loonies have wrecked U.K. plc.

[jas0701] 13/9/2021 13:23

Yes agree Dalailama, Even T. Rowe Price have increased their holdings. Still the share price is falling. It has to be manipulation.

[dalailama] 13/9/2021 12:25

Don't get this decline - supply issues/driver shortages - even so?

[jas0701] 10/9/2021 16:49

https://www.chargedretail.co.uk/2021/09/10/boohoo-asos-and-primark-to-see-shares-recover-as-governments-take-aim-at-shein/

[technowiz] 10/9/2021 15:32

whats the close up 80p? not too shabby! blueeeeeeeeeeeeeeee yes sir!

[technowiz] 10/9/2021 15:22

back in for some at 32.17 take that shorters!!

[transhoneyqueens] 10/9/2021 12:11

strange you did not post yesterday after your top up lol .. got a short on at £32.59p today

[technowiz] 10/9/2021 10:59

lovely short squeeze this morning. topped up at 31.48 one second before the close yesterday!

[milanr] 10/9/2021 07:29

Or 4000, shorts are thinking differently, as they keep closing every day, what an opportunity to buy

[technowiz] 10/9/2021 07:21

easy peasy lemon squeezy

[hotaimstocks] 10/9/2021 00:16

may have a little nibble at 20 pounds or wait for 10 pounds after results

[jackson83] 10/9/2021 00:11

going be a bloodbath today !!! lol ... top up at 30

[technowiz] 09/9/2021 22:00

BULLISH INVERTED HAMMER

[technowiz] 09/9/2021 21:18

JPMorgan expects Asos, which will report its full-year results on 13 October Across regions, to have traded broadly in line with guidance in July and August and has left its pre-tax profits forecast unchanged at £192.0m, in line with company collated consensus.

However, JPM stated that looking ahead to 2022, it was "mindful of margin pressures" from freight inflation and Brexit, along with the launch of its Litchfield warehouse.

"Whilst these are all issues already called out by Asos, we lower our (previously ahead of consensus) FY22 PBT forecast to better capture the financial impact, and now look for £188m (previously £212m), leaving us c.6% below consensus (£201m)," said the analysts.

JPM, which stood by its 'overweight' rating on the stock, added that Asos shares had continued to drift following its third-period trading update, partly due to investor expectations of outer year margin cuts.

"Nevertheless, we think visibility of improving trends in markets such as the US is needed to support an improving valuation, albeit we do expect the upcoming results to showcase ongoing positive change in the business including the roll-out of flexible fulfilment and a further strengthened own label proposition," concluded JPM.