Asos Share Discussion Threads

[hosede] 30/9/2016 15:18

Telbap
Yes - an extraordinary anomaly. Profits have not really increased significantly for years and there's no dividend. But someone once paid about £1 million for a single tulip bulb: seems quite similar to me.

[tonyrcarr] 30/9/2016 14:47

Break through the 52 week high - onwards and upwards

[tonyrcarr] 07/9/2016 18:06

Heard a rumour that ASOS is providing the GB kit for the Paralympics. Should be a nice PR boost

[telbap] 03/9/2016 01:43

Asos is such a weird anomaly, no way to second guess it. Should Have held my 19£ shares, ho hum, such is life.

[tonyrcarr] 02/9/2016 11:48

The market doesn't seem to care or were expecting much worse.

[umitw] 02/9/2016 08:19

Is it 24 p per share reduction in value?

[harebridge] 02/9/2016 07:53

That's £20 million down the toilet then. Bet that doesn't include court costs & legal fees, taking it to over £50 million.

[donaferentes] 05/8/2016 18:10

See Note 19 to the accounts for a detailed analysis of currency risks, hedging and effect of 10% +/- value of Sterling - exc. China - now discontinued - seems broadly neutral against $, € and Aus$.

[hosede] 05/8/2016 13:34

sadly analysts simply tell people what they want to hear

[dangersimpson2] 05/8/2016 09:19

Why? I wouldn't just take the Daily Mail thinks so as a good source! Overseas $ earnings will be higher when converted to £, € slightly higher, UK earnings will be lower due to higher input costs. Would've thought broadly neutral impact with 39% turnover in UK. UK is lower growth but still the largest market so will reduce in importance over time but this is over the very long term.

[telbap] 05/8/2016 09:06

Amazing that really Brexit was the best possible put come for asos. They will repair the usd/Eur benefit for months of not longer.

[shepc] 01/8/2016 20:08

Midas recommendation in Mail on Sunday yesterday

[tonyrcarr] 25/7/2016 08:59

Look's like a possible break out - where do we think the next consolidation point is going to be?

[isaready] 20/7/2016 14:42

I know someone who paid £1.80 for those. not sure when he sold, but think he got 100K sterling. If he sold at £70, that's 3.8 million. Now that's gotta be the best trade ever. If we can find one like that it would be great.

[eggbaconandbubble] 18/7/2016 14:14

Tipped in The Mail today!

[dangersimpson2] 18/7/2016 12:21

Pound weakness probably neutral or slightly negative I reckon. You have to look at the geographic spread of sales.

29% of the sales are in US or ROW and profits from these will be increased when translated into sterling.

26% of the sales are EU which will receive a smaller positive translation effect but euro weakness will have squeezed margins somewhat.

45% of sales are UK so higher costs for UK stock will squeeze margins here but they may be able to offset by increasing prices. Pretty much all UK retailers will be increasing prices so they may be able to mitigate this somewhat.

US & EU are growing faster than UK so the negative impact, while on a the biggest sales region, is reduced over time as will be the impact of the UK recession.

[donaferentes] 15/7/2016 15:41

The weaker pound must be beneficial, unless they spend more on stock than they sell it for.

Assume all stock is imported, then resold abroad at double the price - always in foreign currency - a low pound will increase the value of the gross profit.

Assume all is imported and none sold abroad - all stock will be cheaper than it was.

Assume none is imported and some sold abroad - that sold abroad will earn more £'s.

Whichever way you look at it the low pound is worth more to our sterling based profits.

However, no one ever dreamed May would appoint BoJo as foreign minister - what a calamity. I also should have sold at 4500, but yet again didn't. Ah well, there's always next year.

[rocket fuel] 13/7/2016 13:28

Heading for the £50-£60 trading range with a bit of the usual ebb n flow on the way.

[hosede] 12/7/2016 11:09

Agree with you Value King - difficult to know what the effect of the weaker pound will be. it's retraced almost excactly 50% of the fall from the high, Could be significant

[safman] 12/7/2016 08:09

Good Morning...

Fairly solid update.. the only downside on gross margins..



saffy..

[rocket fuel] 11/7/2016 20:22

Dragonfly Doji. Bulls v Bears. I fancy the Bulls will have it. £50-£60 on the cards here for the summer imo.