Asos Share Discussion Threads

[ny boy] 14/6/2022 17:30

Even stocks with quality management are getting washed out with the bath water, unfortunately it’s a growth stock in the wrong sector, certainty 1000p support area needs to hold for a few weeks at least but often round nos don’t mean much, worst case 500p if stock melt away in the Autumn but more realistically a quick drop and bottom around 800/900p area. I would buy there if the markets allow me

[jw330] 14/6/2022 17:06

the pound getting battered today. Clearly someone thinks UK discretionary spending is going down the toilet. ASOS should do better than most retailers though due to worldwide exposure. The UK centric retailers/brands are pretty screwed I think.

[milliecusto] 14/6/2022 16:36

Have you bought them

[albert3591] 14/6/2022 16:27

You got the right handle

[losses] 14/6/2022 14:49

Wow fantastic buying op..

[jw330] 14/6/2022 12:52

Certainly good value here. But the question is do you have the stomach to sit through the pain?

[ny boy] 14/6/2022 11:03

Retest of the pandemic low perhaps, from memory around 1000p? Certainly would need to hold that level, still on the sidelines watching closely each week.

[melegramforttongo] 14/6/2022 09:32

Wolfie AWOOOOOO AWOOOOO you must be really feeling this pain …

PAIN PAIN PAIN PAIN

TAKING YOUR MONEY AS ALWAYS

😂😂😂😂8514;😂ԅ14;

In MARSHALL WACE WE TRUST

[wolfofhounslow] 14/6/2022 08:21

Wow sub 1200 now...looks like going sub1000

[ny boy] 13/6/2022 23:59

Fresh lows, markets slowly breaking down, global recession looming, especially in the UK, asset bubbles everywhere built up after a decade of zero funny money.

[melegramforttongo] 13/6/2022 10:48

All I need say is :-

IN MARSHALL WACE WE TRUST

Come on guys wake up ???
Why would you bet against the PROFESSIONALS ??
Do you think you know more than them ??

[milliecusto] 12/6/2022 17:36

Where do you see the bottom

[fuji99] 10/6/2022 10:15

The only decent online retailer left. Holders will be rewarded long term if not taken over by European rivals.

[ny boy] 10/6/2022 08:26

The sector is in trouble, catch a falling knife, stay on sidelines until clearer I turn energies as to how bad the U.K. & European economies will get, recession looming, probably already in one for many. Cash preservation is key going forward. Imo

[losses] 07/6/2022 15:18

Bought some to trade... 10% down is overkill..

[melegramforttongo] 07/6/2022 12:36

Fattened up nicely , ready for the next leg down ..

[losses] 07/6/2022 12:29

If you're trading then this coukd positively retest the recent lows.. medium to long term 40-60 easily

[factsandfigures] 06/6/2022 07:53

COST OF LIVING CRISIS: Inflation hits 40-year high of 9%
========================================================

The Bank of England has warned the strain pn household finances could result in a long recession and a surge in unemployment - intensifying pressure on the Chancellor to provide further relief to consumers and businesses but he says he cannot protect people completely.

Fact: BUYING NEW CLOTHES WILL NOT BE A HIGH PRIORITY FOR MOST UK HOUSEHOLDS !!

[velocytongo] 31/5/2022 19:28

If the share price stays low or gets any lower, a bid would be likely. Always dangerous shorting, especially now it's at 4.7 EV/EBITDA and a clean balance sheet. When it was a p/e of 50+, yes.

[paultj] 30/5/2022 18:53

Worldquant and others reducing. Can see this tagging back to £20 on short closing alone.

[ny boy] 30/5/2022 12:04

Not in yet, this could be a bear market relief rally, one more pull back, then start buying by the looks of things. US markets closed today, futures could come off.

Will review later this week but encouraging signs a bottom..maybe in