Asos Share Discussion Threads

[factsandfigures] 25/10/2022 15:54

ONLINE RETAILERS WERE PANDEMIC WINNERS - BUT NOT ANYMORE !!!
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Online clothing retailers like Boohoo and ASOS are suffering badly due to surging costs, supply chain issues, and from shoppers preferring to visit physical stores.

Just last week, Eve Sleep, which saw soaring demand during the pandemic, collapsed into Administration, while Made.com is desperately seeking a buyer following a failed fundraising.

During the last 12 months, shareholders in online clothing retailers have suffered massive share price falls, but there is worse still to come, as UK interest rates look set to continue rising, UK inflation remains stubbornly high and UK households continue to have to tighten their belts.

Asos has seen its share price fall by 80% during 2022

Boohoo has seen its share price fall by 82% during 2022

In The Style has seen its share price fall by 89% during 2022

Made.com has seen its share price fall by 95% during 2022

N Brown Group has seen its share price fall by 49% during 2022

THG has seen its share price fall by 85% during 2022


The future looks pretty bleak for all online retailers, and investors would be wise to AVOID them, as austerity and the recession continues to bite.

[upwego] 25/10/2022 15:41

The Squeeze is on..

Expect it to open up in the morning high as well.

Short of stock 100% keep buying :)

[g2theary] 25/10/2022 15:27

Shorts closing :D

[upwego] 25/10/2022 15:15

Break out! :)

[upwego] 25/10/2022 15:15

should break £6 by close of play and could rally for some days loads to catch up on

[upwego] 25/10/2022 15:09

Agreed NY

I`m feeling there short of stock with that 5m Asher took is causing mayhem.

[ny boy] 25/10/2022 15:06

Also the bigger picture S&P500 held the 200d MA line and since then has started a move higher, so every day I buy good pull backs and let them ride higher, could be starting a general market rally for a few weeks or into Dec, also USD weakness has come in. All indications for a rally over the medium term imo dyor as usual

[upwego] 25/10/2022 15:04

Shorts papping it - Rally just like I said

[upwego] 25/10/2022 14:59

£15 offer would be nice!

[upwego] 25/10/2022 14:58

Shorts are quiet closing there positions

Double whammy Bounce coming for sure looks like there short of stock :)

Boom Time!!

[jim rockford] 25/10/2022 14:48

Bid lodged?

[upwego] 25/10/2022 14:47

When the shorts start closing this will pop hard :)

Just revving the engines for lift off!

[upwego] 25/10/2022 14:39

Asher topping up :)

Rally certainly on the cards

[ny boy] 25/10/2022 14:37

More buying on the dips, looks encouraging for a run into the 600’s soon.

[buy2sell1] 25/10/2022 13:06

mention the words "clueless and d*ckhead" and up strolls MILLSTONE INVESTOR

[millennialinvestor] 25/10/2022 11:55

I'm sure skeppy island is near the Azores.

Be careful using migrant corpses for buoyancy, as once it starts to decompose it will sink with very little notice.

[melegramforttongo] 25/10/2022 11:14

I don’t do the normal holiday .
As explained countless times , the money doesn’t turn me on .
Living on the edge and crushing losers is where it’s at for me.
Obviously my lifestyle must be funded somehow hence the great shorts ….

Not me by Penzance , unfortunately after drifting off course I am somewhere near the Azores but I have a few bloated migrant corpses helping to keep my raft afloat …

Now then big wave coming , must zip my phone up in that waterproof case …

[ny boy] 25/10/2022 09:39

buy2sell, the share price has dropped over 90%+ so I think all that stuff is more or less priced in, now it’s attracting interest from the big players, I wouldn’t be short after a 90%+ fall from the highs imo

[dijon52] 25/10/2022 09:31

Looks like bidders war soon! Let's see who pays the highest

[buy2sell1] 25/10/2022 09:18

Under the new Prime Minister expect more belt tightening and austerity. Sunak has to try to balance the books and reverse Truss's mistakes. Expect more interest rate rises👍

[ny boy] 25/10/2022 09:17

Slow move up, not all in a straight line but rumours of bidders circling should keep this move up, the bottom could be in now @ 460, so staying long, add on dips looks like it’s coming into play too.

[millennialinvestor] 25/10/2022 09:10

IT IS WORTH NOTING THAT Mike Ashley HAS A LOT MORE MONEY THAN F&F TESCO BOY AND DIVVOICES.

[gregpeck7] 25/10/2022 08:51

The more idiots that show up the more concerned they are about what's going on here now. Load up.