Asos Share Discussion Threads

[wolfofhounslow] 20/6/2022 10:29

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

[fuji99] 20/6/2022 10:17

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

[milliecusto] 20/6/2022 09:40

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

[fuji99] 20/6/2022 07:34

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 07:25

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

[wolfofhounslow] 20/6/2022 07:21

Buy and hold This will multibag from here

[melegramforttongo] 20/6/2022 06:47

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 11:24

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

[milliecusto] 18/6/2022 12:04

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 11:52

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

[fuji99] 18/6/2022 11:40

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 11:17

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

[fuji99] 18/6/2022 10:24

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 08:41

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

[tomboyb] 17/6/2022 20:26

Cawky nooooooo -

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

[simon_cawkwell] 17/6/2022 20:21

Gentlemen ,

I have taken a short on this stock for a total value of £1.2 million @ £8.60.

High inflation and high interest rates are not good signs to be long in a lot of sectors especially online retailers.Margins wiil erode much further and much quicker.

My 12 months target is £2.50.

btw it could fall much further.

simon

[fuji99] 17/6/2022 13:39

16-Jun-22 - Jefferies - Buy - 2,440.00 - Reiteration - - 17-Jun-2022: Berenberg Bank - Buy (old target) 4,100.00- New target (2,500.00). - Reiteration.

[fuji99] 17/6/2022 12:47

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.

[sankshiela] 17/6/2022 12:40

Debs downer you decaying fillet of cod - why are you such a depressing miserable and stinky fish. You have posted this dull article on so many forums
Get a life fishy and have a clean

[wolfofhounslow] 17/6/2022 12:36

Easy buy and hold

[wolfofhounslow] 17/6/2022 12:36

New broker target 2500Nice

[debsdowner] 17/6/2022 12:34

Tesco UK sales have fallen 1.5% lately and customers are trading down, looking for discounts and value and spending less, clothes and toys have also been hit. The cost of living going to get worse not better.

[wolfofhounslow] 17/6/2022 12:32

Next rns will be of takeover!!

[fuji99] 17/6/2022 12:27

What is amazing is ASC has a market Cap of just 890 Million for a turnover of 3.9 Billion ! Not surprised to see it becoming a target of a predatory "vulture" Capital Group if the share price remains subdued as it is in the next few weeks.