Asos Share Discussion Threads

[dissentingvoices] 21/6/2022 21:28

ANOTHER DAY & ANOTHER DOWNGRADE FOR ASOS PLC SHARES
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In a research note issued today, retail analysts at U.S. investment bank, JP Morgan Chase have downgraded shares in fashion retailers ASOS PLC and Boohoo PLC to a “weak hold” citing falling consumer spending and management deficiencies within the businesses.

[millennialinvestor] 21/6/2022 09:22

keep buying booboo and asos to protect the jobs of all the minimum wage workers in asia!

[buy2sell1] 20/6/2022 21:47

SAD SAM, the angry and skint Borough Market Fruit n Veg man having another rant.



Makes a change from him claiming to be the real City......pmsl..... bought yourself an A-Z of London yet, LOSER BOY ???

[milliecusto] 20/6/2022 20:31

But a true one

[sparsam] 20/6/2022 18:50

Absolute nob

[fuji99] 20/6/2022 14:33

Of course margins will improve as inflation is coming down. The FED and the BoE are raising interest rates to actually reduce inflation. They have to.

[milliecusto] 20/6/2022 14:26

Why should margins Automatically improve, yes a time to buy, but not now, just starting a recession, sub 300p worth a gamble in my view

[wolfofhounslow] 20/6/2022 13:40

Yes I never said it was profits.....margins should improve as inflation comes down from peak!!

[milliecusto] 20/6/2022 13:04

Revenue is not profit, profit guidance of between £20 and £60m, margins are wafer think, any drop in revenue and it turns loss making, not sure some peeps should be trading, I see it's struggling today, wonder why on such a high pe.

[wolfofhounslow] 20/6/2022 11:29

Current mcap less than 1b with a company with revenues of 4bn...mental

[fuji99] 20/6/2022 11:17

milliecusto: Same story at the start of Covid. The end of the world is near.

[milliecusto] 20/6/2022 10:40

Good luck with that, you will need it with a pe of 28 in a Global financial meltdown

[fuji99] 20/6/2022 08:34

Working from home - which was rare before - is now becoming a routine. Meaning the likes of Asos - one of the biggest - will prosper regardless. I am still a believer of "buy and hold".

[dillydally2] 20/6/2022 08:25

Only 100m shares here any weakness is being bought by funds and directors bought 800k worth

[wolfofhounslow] 20/6/2022 08:21

Buy and hold This will multibag from here

[melegramforttongo] 20/6/2022 07:47

fuji9917 Jun '22 - 13:47 - 17698 of 17708
0 3 0
Exactly. Just buy and forget. Due to the very limited number of shares issued (only 99M) the share price is very sensitive in both directions - upwards and downwards. So we can see it pretty quickly regaining lost ground within a week or two.

👆🏿👆🏿8070;🏿

This guy has chased boohoo all the way down from £3+
He was promoting this when it was way above £50…

“ just buy and forget about it “

His comment tells you all that he has badly screwed up here also .
Never catch a falling knife 🔪 bozo.

If you believe it will rocket then wait for a genuine up trend to re establish .
You don’t need to get in at the absolute bottom … though eventually you might as you have tried so many times ..

Fuji - discredited on here and boohoo .

[fuji99] 19/6/2022 12:24

Imagine if taken over by NEXT how the total profit level will become.

[milliecusto] 18/6/2022 13:04

Don't confuse turnover with profit, which is expected to be between 20-60m, so evident margins are being squeezed and I fully expect that low profit to turn negative soon.

[fuji99] 18/6/2022 12:52

If CPI is improving the FED won't raise agressively rates. This will put the shorts straight into the oven.

[fuji99] 18/6/2022 12:40

Shorts will be burning soon. Takeover on the cards. +850p on open and no exit for escape. Many will be trapped irreversibly for life. Longs can just relax and wait regardless.

[sankshiela] 18/6/2022 12:17

Calm down Debs you miserable clown fish-
The worlds not ending now is is sunshine

[fuji99] 18/6/2022 11:24

Guess when is the best opportunity for consolidation in this sector ... When takover bids are the cheapest. NOW. ASC Market Cap is around 900 Million for a turnover of 3,900 Million. More than 4 times the Market Cap. £30 per share is still cheap if one considers the growth prospects within 10 year span. Everything recovers within an economic cycle. It has been like this for the last 40 years. So IMO, just buy and forget. We stand at 10 year low. NEXT rings a bell. With ASOS, it will dominate both, high street and online sectors.

[milliecusto] 18/6/2022 09:41

https://www.zerohedge.com/economics/engineered-stagflationary-collapse-has-arrived-heres-what-happens-next

[tomboyb] 17/6/2022 21:26

Cawky nooooooo -

Everything u said is correct however, ASC has a habit of doing the opposite -