Asos Share Discussion Threads

[umitw] 17/10/2018 08:06

I bet you did not expect this? Expert!

[ny boy] 11/10/2018 07:43

Market sell off could well have only just started, these growth stocks are best avoided until the damage is over. Keep ones powder dry for now.

[madbadtrader] 09/10/2018 20:58

Fell from over £70 to around £17 in the space of around 10 months in 2014.

With current PE at 66, even dropping 50% to £26 would give it a PE that some would consider to high!

[trt] 09/10/2018 13:46

Could see this drop to £45 short term

[bulltradept] 09/10/2018 11:44

Loads of aim 100 big caps getting smacked long may this continue! Surprised BOO is holding up so well though..

[jenniferzz] 09/10/2018 11:31

You might expect some to catch a falling knife speculative punts to turn a profit or people judging a bottom point for a entry point. You can get burnt doing that but this share is something else it just defies gravity and has done over many, many years. You know it would not surprise me to see this at 4000 or 7000 within a month. Too tough to call.

[moorsie2] 09/10/2018 11:20

If this breaches 5000 then fear the triggering of many stop loss positions and margin trade positions being closed

[ny boy] 09/10/2018 11:05

Bring back the high street & J. Lyons tea shops, everything was so much simpler in those days!

[moorsie2] 09/10/2018 10:01

France has introduced a digital business delivery tax. Very interesting as it complies with anti competitive laws yet creates a more level playing field for busineses that are paying lots of business rate taxes

[jenniferzz] 09/10/2018 09:45

'On line tax is ridiculous' I suppose any business that pays tax would like to say that I don't see why if you are 'online' or invested in an online business it is ridiculous, other than self interest of course.

[niggle] 09/10/2018 09:42

On line tax is ridiculous. They will kill a lot of businesses teetering on the edge.

[discojames] 09/10/2018 08:47

Its been overvalued for longer than I care to think, growth has slowed yet the PE ratio stays ridiculously high, a major investor has been selling out of it, brexit is incoming, and online tax will be a major disruptor in the near future, competitors like boohoo and next have been fairing better.

[izztre] 09/10/2018 08:21

Anyone have any idea why this is continuing to fall?

[bulltradept] 08/10/2018 22:10

I see ASC did well this evening on Stacey Dooley investigates; "Fashion's Dirty Secrets."

[jenniferzz] 05/10/2018 15:11

Oh WOW !!! thanks so much for the tip hotaimsticks so good of you. Be careful not to trip over the ramp on your way out. I wish you well with your speculative punt now turned into a long term investment in MMX.

[hotaimstocks] 05/10/2018 12:04

MMX is hot .. Thank me later it's only 6.9p ..

[jamesto2] 04/10/2018 05:33

harebridge 😍 - 04 Oct 2018 - 05:26:10 - 4798 of 4799
Me thinks that Indian Billionaire Kishore Biyani of Future Group & multi millionaire ex ASOS boss Lord Waheed Alli who now own 50% of Koovs between them are a little bit more switched on than the multi aliased wronguns who post on these threads all day & night.

[jackson83] 04/10/2018 05:16

ASOS got air Abd back to 4000p

[jackson83] 04/10/2018 05:14

Wed 15:07 Price: 6.50
sjlawley 43 posts
RE: SjL
I do NOT have any "inside" information of any potential current bids but what I think I am able to say without getting in any trouble is that I know there was an overlap between the bidders for ICM and the parties taking an interest in MMX and the commentary I was getting at THAT moment from some of the parties looking at BOTH companies was as follows, which makes clear sense and that helped inform the ICM holders decision to sell to MMX.
1) that ICM with its super predictable profit stream in an open market without its TLDs being adult in nature would probably command a $60-70MM valuation alone but as a stand alone with just 4 all adult Tlds suffered from what we/they called the "porn discount
", fairly or unfairly... We understood that even , as in reality EVERY ONE of the supposed "rude" names we had under management also was registered in .com/.net/.org and even say .uk but were "hidden" amongst other "regular" registrations. is a bit like when Satellite provider DirecTV got sold here stateside to AT&T, the fact reminded that the 5-8 "adult channels" charging $15 a movie contributed a HUGE amount to the overall profits of the company but were effectively hidden inside the 500 other "regular" channels.
2) that MMX's TLDs in isolation based on the quality of their portfolio and the over 1 million registrations considered on a "break up" or per TLDs basis (assuming an auction) for each TLD was probably considered worth around $80-90MM. not more as a result of the skew towards China and the unavailability of reliable renewal figures for some of the TLDs like.vip.
3) that together,MMX and ICM, with the maturity and increase of renewal revenues as a proportion of overall revenues would make a combined entity a much easier acquisition more so than each company individually.
So the ICM holders saw the benefit of taking a majority share based deal with MMX and then to realize the full value by an uplift in the MMX share price in due course as the combined results began to flow.
I see that is EXACTLY what is happening now with the excellent integration of ICM and the H1 results showing the .VIP renewals and other performing extremely well. It de-risks the purchase by any acquirer and allows them justifiably to pay a fuller price for the "on stream" combined entities. I have explained the math here before.
So I am 100% sure, without any direct knowledge of any existing or imminent approaches that SEVERAL parties will be watching the developments closely and as I espoused a short while ago I am just praying that an opportunistic offer does NOT come in based on the super low current share price As stated any such offer would likely be rejected by the holders in any event. I hope that clarifies some of the rationale. We just need to be patient and give management our full support to deliver , as I believe they are doing , on stable satisfactory results perhaps with a bit of added excitement from say a .luxe launch. The bidders will com
Strong Buy
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[madbadtrader] 02/10/2018 19:54

Umitw, don't buy, dyor first! Think back to the dot com bubble then check financials on this share - PE ratio etc and don't listen to the 'crowd' they all like to sing from the same hymn book, including all the brokers that are issuing buy recommendations, that's what happened during the dot com bubble! Check the facts and look at the chart - this share is on it's way down, it will be up and down like a yo-yo but eventually it will get to a more realistic valuation.

[moorsie2] 02/10/2018 17:33

Chart looking very forbidding. 5000 next resistance level

[prettygreen] 02/10/2018 12:50

WTF - as usual more buys showing than sells and it's down 4.4%. Nice 10,000 buy slipped in there too

[discojames] 27/9/2018 13:19

Most RNS come out of hours, most BAD RNS come after the close.

[prettygreen] 27/9/2018 12:52

Nice timing with the RNS - 15 minutes after the market closed yesterday the a drop of 6% today. ?