Asos Share Discussion Threads

[deanmatlazin] 09/9/2022 08:19

From cash to debt. Bloody hell. Not much room to manouvre. Can go kaput by next year!

[dodge meister] 09/9/2022 08:14

Every bit of news through August was about cost of living and end of days predictions. Not surprising that the consumer is nervous. Increase foreign holidays will have impacted people buying during the summer. When people realise the world is not ending, things start going again.

[hamhamham1] 09/9/2022 08:09

700p buy price

[dealy] 09/9/2022 08:08

stupid idiots thinking this will crash further

[factsandfigures] 09/9/2022 08:07

It's a serious PROFIT WARNING and it's bad news for Boohoo PLC also !!!

[dealy] 09/9/2022 07:58

the leaked rumour of a "profits at lower end of expectations" already took an additional 10% off the price. any further drop today is a buying opportunity

[vauch] 09/9/2022 07:58

This co should be in the realms of boho

[dillydally2] 09/9/2022 07:57

800p today....

[vauch] 09/9/2022 07:57

And in all the years of fantastic profits, never was a dividend paid.

[buy2sell1] 09/9/2022 07:55

We warned YOU the PROFIT WARNING was coming !!!

The Sunday Times also warned you it was coming !!!

[melegramforttongo] 09/9/2022 07:55

As on boohoo , Dealy you have proven you do not know what you are talking about.
Hopeful gambling investor thinking “ surely it can’t go lower “ with no real reason as to why .

You are SACKED as an investing pundit.
No one will make any financial decision based on anything you post .

Expect to be ridiculed and used as a punch bag here on ADVFN ASC

[dealy] 09/9/2022 07:49

The chart shoes a share price that has already fallen. It does not say anything about the future.A company is not valued on the worst quarter being extrapolated forever but on the likely performance over the next 10 years. We are at a trough in consumer sentiment. Government support and the easing of inflation will improve the environment from now on.

[bigbigdave] 09/9/2022 07:49

Cawkwell short here with a £2 target.

[buy2sell1] 09/9/2022 07:45

The Charts and other Technical Analysis all points to ASOS PLC shares being a "STRONG SELL" and is consistent with a PROFIT WARNING

[lodgeview] 09/9/2022 07:40

Yeah. I think you will see the share price plunge today. Company is worth about 200p by my reckoning.

[wolfofhounslow] 09/9/2022 07:35

Net debt is 150m from 350m net cash not too long ago

[dealy] 09/9/2022 07:34

680 million is peanuts for a company of this size and capability. The idea that it will fall significantly from this already dirt cheap level is just wishful thinking for shorters.Do you people seriously think a mild profit warning should have a cumulative effect of knocking 90% off the share price?

[factsandfigures] 09/9/2022 07:33

It's a serious PROFIT WARNING and it's bad news for Boohoo PLC also !!!

[supercity] 09/9/2022 07:30

It doesn't matter how much a stock has lost if that stock had a ludicrous valuation in the first place.Based on this update a 680m valuation still seems on the high side

[amaretto1] 09/9/2022 07:30

They generally come in threes !

[amaretto1] 09/9/2022 07:29

Dilusional..... it's a profit warning !!!The first to come

[supercity] 09/9/2022 07:28

Profit warning - in the space of 3 months net debt forecast to be worse than before and sales growth has fell to near negative.This is before last weeks news that consumer spending has and is likely to drop considerably going forward as everyone tightens their belts.The next update is likely to be a lot worse than this one