Asos Share Discussion Threads

[upwego] 17/1/2022 10:03

Shorts trying to keep her down!

Ha ha not for long time for some bumming :)

[factsandfigures] 17/1/2022 08:18

Another one, that is "LONG AND WRONG" giving out WORTHLESS advice, eh ZAXAROBAL



Can you be anymore TRANSPARENT ??

[zaxarobal] 16/1/2022 09:35

2022 It will be a year for patience and, just importantly, discipline. Sit tight, be right

[wolfofhounslow] 15/1/2022 18:00

ASOS shares: back in fashion?In addition to positive results, Dunn confirmed that plans to delist from the AIM market and 'move to the Main Market of the London Stock Exchange to trade as a FTSE 250 company by the end of February. Together, the news sent the ASOS share price up over 11%. If it returns to its prior valuation, ASOS could find itself inside the FTSE 100 before long.The move will cost between £10 million and £13 million and be treated as a non-recurring adjusted item. But it could well be worth the money. As a FTSE 250 constituent, ASOS shares will inevitably be bought in bulk by both institutional and retail investors looking for passive returns inside index trackers and Exchange Traded Funds. And it may see some of ASOS's unpredictable volatility settle down.In addition, there have been significant changes in the boardroom. CEO Nick Beighton left in October. Chairman Adam Crozier was poached by BT. But it's added multiple new board members, including a former Zalando board member, Jorgen Lindemann.And while ASOS claims that 'we don't do fashion like anyone else does fashion,' its archenemy Boohoo would beg to differ. ASOS and Boohoo fought over the bones of Philip Green's crumbling Arcadia empire early last year, with Boohoo snapping up Dorothy Perkins, Wallis and Burton. But by leaving the smaller operator behind on AIM, retail analyst Nick Bubb thinks ASOS has 'set the cat amongst the pigeons at Boohoo HQ.' While the chances of a Boohoo recovery in 2022 seemed evenly weighted, this latest move might see the scales tipped in ASOS's favour.And ASOS won the battle for the Topshop and Miss Selfridge brands, spending £330 million for the pair in February last year. While some analysts thought they had overpaid for two failed brand names, the company reported 'strong growth of more than 200% year-over-year.'The ASOS share price could be back in fashion before long. But as its customers know, fashion is a fickle mistress.Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK's No.1 platform.* Learn more about trading shares with us, or open an account to get started today.* Best trading platform as awarded at the ADVFN International Financial Awards 2021

[wolfofhounslow] 15/1/2022 17:53

Trading statement for the four months ended 31 December 2021Mat Dunn, COO and CFO, commented: "ASOS has delivered a robust start to the year, in line with the guidance we set out at full-year results, despite challenging market conditions. This performance reflects the strength of our offer, excellent customer experience and the dedication and hard work of all ASOSers. We continued to make progress against our objectives to improve the flexibility and speed of our retail model and accelerate the pace of delivery of our international growth strategy. Looking ahead, while mindful of the near-term uncertainty relating to the pandemic, our guidance for the full year remains unchanged."We are also pleased to announce today that we plan to move to the Main Market of the London Stock Exchange. Our listing on AIM for the past 20 years has been an important part of ASOS' development, but the time is now right to move to the Main Market as we focus on delivering our medium-term guidance and longer-term growth ambitions."

[bulltradept] 15/1/2022 08:58

7% down on the days and the bulls go silent! Mmmmmmmmmmm......

[wolfofhounslow] 14/1/2022 14:27

That guy can't be trusted

[perudo] 14/1/2022 13:48

Can you post the link to your ASOS article? Seems like it's been altered compared to the one I foundhttps://www.wandsworthguardian.co.uk/news/national/19844322.asos-takes-hit-omicron-supply-chain-costs-soar/?utm_source=tooting.localnewsie.co.uk&utm_medium=referral&utm_campaign=tooting.localnewsie.co.uk

[wolfofhounslow] 14/1/2022 13:20

Berenberg predicts Asos 'reacceleration'Today 06:55The company may have run into problems recently but Berenberg believes Asos (ASC) can reaccelerate in the second half of the year as it moves to the main market of the London Stock Exchange.Analyst Michael Benedict retained his 'buy' recommendation and target price of £55 on the online fashion retailer, which is currently quoted on the Alternatives Investment Market. The shares leapt 11.3%, or 255p, to £25.11 on Thursday after the announcement of strong Christmas sales and plans to seek a premium London listing.

[wolfofhounslow] 14/1/2022 13:20

Berenberg predicts Asos 'reacceleration'Today 06:55The company may have run into problems recently but Berenberg believes Asos (ASC) can reaccelerate in the second half of the year as it moves to the main market of the London Stock Exchange.Analyst Michael Benedict retained his 'buy' recommendation and target price of £55 on the online fashion retailer, which is currently quoted on the Alternatives Investment Market. The shares leapt 11.3%, or 255p, to £25.11 on Thursday after the announcement of strong Christmas sales and plans to seek a premium London listing.

[aidenabettin] 14/1/2022 13:15

Social commerce

[aidenabettin] 14/1/2022 13:14

hTTps://we.shop/

[notknowing] 14/1/2022 13:13

I fully expect this to halve in value over the following 24 months.

[factsandfigures] 14/1/2022 11:47

Online fashion giant ASOS warned it suffered from the spread of the Omicron variant of coronavirus as its supply chains were squeezed and party revellers stayed indoors.

Chief operating officer Mat Dunn, said: “It’s nowhere near back to where it was pre-pandemic. It’s somewhere between where it was pre-pandemic and where it was at the heart of the pandemic.”

Mat Dunn added: “Our customers have not been going out to pubs, bars, restaurants and nightclubs giving them no reason to get dressed up"

"Our profits took a huge hit as we were forced to heavily discount clothes and spend more on shipping goods into our warehouses".

“If you think what the main drivers of inflation are – higher wage costs, higher freight costs, and higher warehousing costs – we are in difficult times."

[factsandfigures] 14/1/2022 10:15

He's "LONG and WRONG" and EVERYBODY knows.

YES, they do !!!

[wolfofhounslow] 14/1/2022 09:56

Berenberg predicts Asos 'reacceleration'Today 06:55The company may have run into problems recently but Berenberg believes Asos (ASC) can reaccelerate in the second half of the year as it moves to the main market of the London Stock Exchange.Analyst Michael Benedict retained his 'buy' recommendation and target price of £55 on the online fashion retailer, which is currently quoted on the Alternatives Investment Market. The shares leapt 11.3%, or 255p, to £25.11 on Thursday after the announcement of strong Christmas sales and plans to seek a premium London listing.

[wolfofhounslow] 14/1/2022 09:55

Shorters will get toasted!Main market!!

[david gruen] 14/1/2022 09:37

Gap close to 227x

[factsandfigures] 14/1/2022 08:14

Guess who is "Long & Wrong" on ASOS and Boohoo and is now howling because BOTH share prices are falling !!!

[wolfofhounslow] 13/1/2022 17:37

Fund tracker buying into ASOSMassive potential

[millennialinvestor] 13/1/2022 16:53

month highs reached.
boo to follow with a 6 month high soon.

[wolfofhounslow] 13/1/2022 15:46

Mat Dunn, COO, commented:"ASOS has delivered a robust start to the year, in line with the guidance we set out at full-year results, despite challenging market conditions. This performance reflects the strength of our offer, excellent customer experience and the dedication and hard work of all ASOSers. We continued to make progress against our objectives to improve the flexibility and speed of our retail model and accelerate the pace of delivery of our international growth strategy. Looking ahead, while mindful of the near-term uncertainty relating to the pandemic, our guidance for the full year remains unchanged."We are also pleased to announce today that we plan to move to the Main Market of the London Stock Exchange. Our listing on AIM for the past 20 years has been an important part of ASOS' development, but the time is now right to move to the Main Market as we focus on delivering our medium-term guidance and longer-term growth ambitions."

[wolfofhounslow] 13/1/2022 15:23

Fair value 5500