Asos Share Discussion Threads

[factsandfigures] 05/7/2022 07:47

ASOS SHARES REMAIN A "STRONG SELL" !!!
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[wolfofhounslow] 04/7/2022 17:19

Another blue day....Can see this in the 1000's soon

[paraone3] 04/7/2022 13:31

Shares chugging around the £8 to £9 range , see no upside until the war in Ukraine is resolved , hopefully in Ukraines favour. ( Warren Buffet said he makes money when people Panic , so do not panic )

[dissentingvoices] 04/7/2022 08:46

MORE TROUBLE AHEAD FOR RETAILERS LIKE ASOS AS HUGE SPIKE IN RETURNS SET TO CONTINUE
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The Civil Aviation Authority (C.A.A) has warned all the major UK airlines, including British Airways, TUI, Easyjet, Jet2, Wizz Air, and Ryanair that they only have until Friday (08.07.22) to inform Government officials of their next wave of holiday cancellations and flight cancellations.

Cancelled holidays spell more financial woes for ASOS PLC as more UNWANTED Summer clothing gets sent back for refunds.

[wolfofhounslow] 04/7/2022 08:24

Short squeeze will come soon.....

[dissentingvoices] 04/7/2022 08:00

SKINT and ALWAYS LONG & WRONG !!!

[wolfofhounslow] 03/7/2022 12:42

Aww short getting toasted !!Loving this

[nicedude1976] 01/7/2022 22:23

If management cannot address the cost / returns problem, this is not something you would want to buy and hold. Hope it doesn't become the Debehnams of online. But hope is not good for investing. Other than that it could be a good trade as it was before, perhaps not to the previous height though... The longterm chart is not a happy picture.

[wolfofhounslow] 01/7/2022 09:38

Burn them shorts !

[factsandfigures] 01/7/2022 09:30

Data released recently by the Office for National Statistics shows that household incomes FELL for the fourth quarter in a row during the first quarter of 2022 and this is actually the longest run of declines since 1955.

Adjusted for inflation, disposable incomes fell 0.2%, leaving incomes down 1.3% on the year, even before the increase in energy bills and National Insurance in April.

Put simply that means LESS disposable income to spend on vanity purchases, like new clothes !!!

[factsandfigures] 30/6/2022 13:38

THE CITY'S CHARTISTS SAY ASOS SHARES ARE NOW A "STRONG SELL" !!!
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[buy2sell1] 29/6/2022 08:46

Civil Aviation Authority reporting more flight cancellations announced for July and August, carriers including British Airways, TUI, EasyJet and Jet2.

More flight cancellations = more holiday cancellations

resulting in more Summer clothing being returned to ASOS for refunds.

[melegramforttongo] 28/6/2022 16:25

Millstone - you know that the VOR guys have called this right all the way.

You know that you have lost .

[millennialinvestor] 28/6/2022 16:08

Flashing warning signs and Plus1 Posts = buy even more

[dissentingvoices] 28/6/2022 07:57

LATEST "SHORT SELLING" DISCLOSURES FOR ASOS PLC
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AHL Partners LLP 0.60% 4 May 2022

BlackRock 0.71% 22 Jun 2022

GLG Partners LP 0.57% 13 May 2022

Hudson River Trading Ltd 0.50% 22 Jun 2022

Marble Bar Asset Man LLP 0.90% 21 Jun 2022

Marshall Wace LLP 2.70% 21 Jun 2022

Systematica Investments Ltd 0.60% 13 Jun 2022

WorldQuant LLC 0.71% 23 Jun 2022

Total 7.29%

[jackson83] 28/6/2022 01:48

sorry I mean £4

[jackson83] 28/6/2022 01:30

wait for £5 lads

[millennialinvestor] 27/6/2022 12:04

derampers in full swing = buy more

[factsandfigures] 27/6/2022 11:02

In economic news, official figures released earlier showed UK retail sales falling in May, as households cut spending on food amid the cost-of-living crisis.

Retail sales were DOWN 0.5% in May following a 0.4% increase in April, which was revised down from 1.4% growth.

The fall is partly attributable to a 1.6% decline in food store sales, and left sales volumes a paltry 2.6% above their pre-Covid level.

Heather Bovill from the Office for National Statistics (O.N.S) warned:

“Retail sales FELL sharply in May driven by a sizeable fall in consumer spending.”

“Feedback from supermarkets CONFIRMED every household is spending less on their food shop, because of the rising cost of living.”

The latest survey conducted by GfK showed that UK consumer confidence fell to a historic low in June as soaring inflation and the weakening economic outlook hurt all retailers.

[dissentingvoices] 27/6/2022 08:47

More flight cancellations means more holiday cancellations

resulting in more returns for ASOS plc

[wolfofhounslow] 24/6/2022 16:49

And share price still blue.....Go back to boohoo

[dissentingvoices] 24/6/2022 16:46

Zalando profit warning sends shivers through online fashion retailers
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Shares in Zalando plunged by almost a fifth today after Europe’s largest online fashion retailer slashed its outlook for the year as consumers retrench amid deepening recession fears.

The Berlin-based company warned that revenues may not increase at all this year following a much weaker than expected second quarter, an abrupt reversal from just four months ago when Zalando forecast growth of 12 to 19 per cent.

In a bleak warning issued after markets closed on Thursday, Zalando said that “management now expects macroeconomic challenges to be longer lasting and more intense than previously anticipated.” Its hopes of a “rebound in consumer confidence in the short-term,” had been dashed, the group added.

The acknowledgment from Zalando, which was among the beneficiaries as the pandemic forced more shoppers online over the past two years, is one of the starkest signs yet of the toll higher inflation is taking on consumers.

While Zalando still expects to be profitable, its predicament is a sharp contrast to the benign backdrop it has enjoyed since going public in Frankfurt in 2014.

Since its listing in Frankfurt, Zalando had trumpeted its annual revenue growth of 25 per cent. Last year, buoyed by the pandemic, its revenues surged 30 per cent.

However, even before Thursday’s warning, Zalando’s shares been under pressure, making it the worst performing member of Germany’s Dax 40 blue-chip index, as investors anticipated that shopping habits adopted during the pandemic may not last.

Today's share price fall takes Zalando below its 2014 IPO price of €21.50.

[wolfofhounslow] 24/6/2022 15:24

That would be amazing if true...

[justiceforthemany] 24/6/2022 15:16

Ukraine pulling troops out of Donetsk.
Jim Cramer on CNBC says there are strong and credible reports of Zelensky ready to concede part of Eastern Ukraine in exchange for a ceasefire. Commodities have been falling hard, perhaps for this reason with more to come. In which case inflation has peaked.
Game changer for markets.