Asos Share Discussion Threads

[dealy] 26/8/2022 09:22

Short bakeries because there will be no money for bread... talk about hysteria

[one_frankel] 26/8/2022 09:18

Some must really enjoy trolling others hey Ste2000 but take little notice of this 'Common' English sc_um folks whose unfortunately from Hull and still seething from his investment into THG, oops!

[factsandfigures] 26/8/2022 08:33

MORE BAD NEWS FOR CLOTHES RETAILERS
===================================

A new Energy price cap of £3,549 has just been announced by OFGEM, the energy regulator, an 80% rise on the current energy price cap.

The latest Energy price cap comes into effect on 1 October 2022 and will determine how much 24 million households will pay for their energy.

With more money having to be spent on Gas and Electricity, spending on new clothing will inevitably fall.

[one_frankel] 25/8/2022 18:55

What many are failing to see here is that with such strength in the dollar makes UK growth SMEs highly inviting for willing US suitors especially the vultures that are PE and yes of course market conditions in the global economy continue to worsen but thats not where the potential resides with investing in such companies presently and whose valuations have been so adversely affected by factors outside of their control...

So its not unwise to build relative positions just for the prospect of T/O here folks!

[tomboyb] 25/8/2022 15:04

Conversely for asos -

[tomboyb] 25/8/2022 13:19

The problem you have is if the energy crisis is prolonged and we have to find a new way of doing things -

We are just in the beginnings of it before winter hits -

If gas / elec bill go up 80% in Oct and a further 20% in Jan that will kill off and bankrupt businesses -

Some small businesses have bills 4x its initial costs before the crisis -

[velocytongo] 25/8/2022 12:14

i was bit surprised by the market reaction to matt dunn leaving. you rarely want a bean counter running a fashion biz. expect more investment in growth and the abandoning of eps targets in the short term as they fix some of the bottlenecks and grow the us biz.

if you can look thru the energy crisis, then this will do well.

we are possibly at peak energy fear. there are no good options for putin in ukraine and clearly he is unable to move to mass conscription, which indicates a lack of popular support for his "special operation" that has resulted in 80k deaths/wounded/desertions.

i doubt it will hit £50 for some time, though.

[melegramforttongo] 25/8/2022 11:07

CINE CONTAGION

[swinsco] 25/8/2022 11:01

This is doomed.

[tomboyb] 25/8/2022 10:38

Problem with retail, online or not is the sentiment and visibility over the course of the next 6-12months -

You have to get buyers to buy the stock -

[lodgeview] 25/8/2022 10:34

ASC are going bust

[dealy] 25/8/2022 09:31

if there was a giant bakery that was listed in London it would be at an all time low now on the principle that the masses won't be able to buy any bread next year

[amaretto1] 25/8/2022 08:38

ASOS got to be worth a long at some point ....Are shorts starting to turn yet ? Can't see no sighn yet ....But ...

[one_frankel] 24/8/2022 12:18

A decaying UK, I dont disagree with Fuji!...But when everything is 'Naked', markets invariably do the complete opposite of what one expects especially when that sc_um US is involved but I also completey accept that this is an incredibly treacherous market environment that I doubt we've ever encountered before as you cant keep devaluing the global financial system without cracks then starting to appear in its sustainability!

[fuji99] 24/8/2022 11:22

Tomboyb: Agree. Without visibility the share price of all stocks will drift lower and this is what's happening for a few months now. I wonder why short interest has increased in both BOO and ASC.: - - - - - -

[tomboyb] 24/8/2022 10:38

Problem you have with all retailers is the lack of visibility over the next 6-12months -
It'll be interesting to see if institutions have the will to take up stock -

[losses] 24/8/2022 10:31

During recessions people want cheap things so asos and Boo could do better than more expensive retailers.The share price of both is cheap. Anyone buying these levels will easily be quadrupling their money in the next 2-3 years

[fuji99] 24/8/2022 09:38

One_Frankel: Agree but once everything is totally naked they cannot hide forever. You cannot camouflage decay with fake growth or truth with lies. The word "stampede" comes to mind.

[one_frankel] 23/8/2022 20:06

Fundamentals can invariably be totally disconnected to the price action Fuji, so broaden your horizons buddy!

[one_frankel] 23/8/2022 19:56

Regardless of what those Central Bank goons continue to state, the global economy is already in recession but guess what happens when manipulated mainstream media start getting on the bandwagon, markets do the complete opposite of what you expect here and now as they're forward discounted so if keen to invest here, start building positions relative to your powder with the intention of accumulating upon any further weakness because its rather futile to time the markets especially when that sc_um US is involved!

...And the growth story that be ASOS is fast becoming a very interesting proposition for T/O by US PE with such strength in the dollar in recent times, it won't be last in the coming months either!

[melegramforttongo] 23/8/2022 18:33

R E C E S S I O N

More losers than winners .

ASOS versus BOOHOO is just one of those pending battles for survival .
Yes folks , these companies are in a dogfight for survival .

Both will struggle badly , only one at most will survive .

CINE have been crushed by the shorters.
BOO AND ASC are next in line .

“ they have no debt , it’s different “ some of you say …

ARE YOU SURE ?
ARE YOU REALLY SURE ?

[fuji99] 23/8/2022 16:15

For any share price to rise we need growth or a takeover bid. Growth cannot happen in a recession and in the midst of high inflation and high interest rates. Inflation is forecast to hit 13%+ this year with a possibility of reaching 18% next. Where Asos or any other company can find consumers of its goods if people are becoming poorer and poorer ? Unfortunately this situation will plague the whole markets for a while. IMO we are only just starting a long bear market and, with Russia/Ukraine conflict still on-going and possibly China putting an embargo on Taiwan - holding 61% of the world semi conductors, how can we achieve any growth with such negativity everywhere ? How on earth people still invest under such circumstances ? That is the question. Otherwise it is just gambling and losing money day after day with dead cat bounces short lived, sucking in those who ignore geopolitical issues until one discovers we lost 80% of value of everything. I even don't believe in long term investment anymore when everyday news is a ticking bomb.