Asos Share Discussion Threads

[wolfofhounslow] 13/1/2022 07:40

-- The Company is currently in the process of preparing a Prospectus in connection to its application for Admission, which will be subject to approval by the FCA. Admission is currently envisaged by the end of February 2022 Outlook -- Whilst both demand and returns rate uncertainty related to the Omicron variant are expected to remain in the short term, the guidance for the year remains unchanged with revenue growth expected in the range of 10%-15% and adjusted PBT of GBP110m-GBP140m

[wolfofhounslow] 13/1/2022 07:40

-- The Company is currently in the process of preparing a Prospectus in connection to its application for Admission, which will be subject to approval by the FCA. Admission is currently envisaged by the end of February 2022 Outlook -- Whilst both demand and returns rate uncertainty related to the Omicron variant are expected to remain in the short term, the guidance for the year remains unchanged with revenue growth expected in the range of 10%-15% and adjusted PBT of GBP110m-GBP140m

[amaretto1] 13/1/2022 07:36

Not for a growth stock !!On this forward valuation Under 20 today .... certain

[onetomany] 13/1/2022 07:33

Think you said that already. Very positive results imo and no surprises. The unjustified heavy drop will now reverse.

[factsandfigures] 13/1/2022 07:28

This is supposed to be the "busiest" time of the year for fast fashion !!!

Did somebody leak these numbers yesterday afternoon ?

Anyway expect further share price falls for both ASOS and Boohoo now !!!

[onetomany] 13/1/2022 07:25

A bit early to be drinking and snorting Charlie is it not ? £5 in no time

[currencytrader1] 13/1/2022 07:24

Good luck with keeping your shorts open here chaps, join the auction at open! Lol.

[purple aki] 13/1/2022 07:21

If these halve in value over the next twelve months we've done well.Too much competition, barrier for entry into this market is low.A clear sell for me.

[factsandfigures] 13/1/2022 07:17

Did somebody leak these numbers yesterday afternoon ?

Anyway expect further share price falls for both ASOS and Boohoo now !!!

[factsandfigures] 13/1/2022 07:12

ASOS FORWARD LOOKING STATEMENT - Outlook Poor

"With both demand for clothing and returns rate uncertainty related to the Omicron variant, these conditions are likely to remain for sometime.
The guidance for the year remains unchanged with revenue growth expected in the range of 10%-15% and adjusted Pre-Tax profits of between GBP110m-GBP140m"

This is very disappointing.

[amaretto1] 13/1/2022 07:10

Virtually flat .... in strongest quarter !

[wolfofhounslow] 13/1/2022 07:05

Moving to main lse exchange

[factsandfigures] 13/1/2022 07:04

The numbers are out and they do NOT look good !!!

Four months to 31 December
CCY(2) Reported
GBPm(1) 2021 2020 Increase Increase
-------- -------- ---------- ----------
UK total sales 645.2 571.3 13% 13%
EU total sales 390.2 400.6 2% (3%)
US total sales 172.6 161.7 11% 7%
ROW total sales 185.1 230.5 (15%) (20%)
Total group revenue(3) 1,393.1 1,364.1 5% 2 %
-------- -------- ----------

[mr5k] 12/1/2022 17:56

@bulltradept, there is this myth that retail investors are dim and professional investors are bright. if that's the case why were they all long AAA MBS in 2008/9. why were they all long tech stocks in 2001 .. why were they all long tulips. the only difference between us and them, is we manage our own money and they manage other peoples. most are no brighter than the average joe. so yes, when i hear lots of hedge funds are short, i know it's a crowded trade and likely to have little juice left. at £21 when i heard they were short, i loaded up. dyor 5k

[one_frankel] 12/1/2022 17:27

I wasnt aware that every investing decision we make is supposed to be fruitful so I aim for around 70% success and not losing menial profits that one makes to accumulate on stocks that have some serious cause for concern Cornetto...But I shan't iterate any further hey!

[amaretto1] 12/1/2022 17:18

U have been wrong since at least 30 +++

[dissentingvoices] 12/1/2022 16:45

Now we all wait for the 7.00am RNS.

But some of us are already laughing !!!

[one_frankel] 12/1/2022 16:26

I've just read some narrative of what is likely to be indicative in the earnings tomorrow...Much of its sales forecasts have already been significantly downgraded...

However, margins are undeniably being squeezed but continuing supply-chain disruption is unlikely so I'm taking a small interest as I think the market could well be pleasantly surprised and this relentless demise may well have spring to board off shortly...

However, I could also be incredibly wrong as its a difficult one to contemplate but you pays your way, you takes your chance!

[bulltradept] 12/1/2022 16:01

"If the figs are good tomorrow I can see a mega short squeezeee"

Hence why it's best to wait as retail traders.

[dissentingvoices] 12/1/2022 14:39

there are going to be a lot of disappointed people tomorrow, scratching their heads.

[one_frankel] 12/1/2022 13:55

The rises recently have been in anticipation but its unlikely the trading statement will be that encouraging with all those concerning under-currents so consider buying the rumour selling the news folks!

[zaxarobal] 12/1/2022 13:43

If the figs are good tomorrow I can see a mega short squeezeee

[zaxarobal] 12/1/2022 13:40

To the moon baby! Diamond hands

[dissentingvoices] 12/1/2022 13:05

The Monetary Policy Committee at the Bank of England are going to increase interest rates soon to choke off inflation and that will not help consumer spending.

Households will not be spending money on new clothes....... GUARANTEED

Rent + Mortgage payments will take priority.

2022 will be a tough year for EVERY HOUSEHOLD IN THE UK !!!