Asos Share Discussion Threads

[umitw] 18/10/2018 10:55

Nevertheless , share price motors upwards, mind the gap though!

[walbrock82] 18/10/2018 09:28

Although ASOS saw impressive sales and profit growth. It feels ASOS is stuck in a trap where they have to expand to grow their profits, otherwise, the market can’t justify P/E ratio of 50+
Read why ASOS has lost some of its competitive advantages.
And it got nothing to do with sales.

[dcarn] 18/10/2018 07:49

"why list on AIM"

Some very beneficial IHT reasons to be listed on AIM.

[qantas] 18/10/2018 06:54

Asos may have had it's day why list on AIM just because it is cheaper than the FTSE just does not add up with such a high share price.

Please do your own research.

[umitw] 17/10/2018 23:07

Dean I agree with you. I process everything online, it's for much younger generation as oldies do not know how to operate computer!Also it's cheaper as well, booking service of your car MOT ETC.

[dcarn] 17/10/2018 20:38

Never.

Been in the diamond for 15 years now,highs and lows and back to highs.

Doom mongers come and go, ASOS goes from strength to strength.

The future is online.

[madbadtrader] 17/10/2018 19:54

Entirely predictable! The Loonies come out in force when they THINK they have heard good news. Ask Mr Buffett if he would value a company at 4.9bn when they had made little over £100m, in a market where anyone can copy the business model and there is no barriers to entry!

Give it time, it will come down again. You can guarantee the biggest stock market losers in a stock market crash are the ones that are overvalued - this could be an opportunity to get out at a reasonable price.

[careful] 17/10/2018 16:02

The dot com boom is happening all over again.
Remember when everything that ended in .com had its value tripled?
I suppose it must be the next generation, those not born or under 10 years old do not remember the .com boom of about 18 years ago.
They go nuts on Bitcoin as well.
Can you imagine Buffett buying in to ASOS?

ASOS is now valued higher than MKS. (£4.85bn vs £4.62bn)
MKS turnover is £10.7bn, ASOS £2.42bn)
MKS dividend 6.57%, ASOS 0.
Mks Assets £2.95bn ASOS O.44bn.

Every new generation is entitled to have its go at being insane.
That is how we all learn.
Warren Buffett can forget Ben Graham's value principals, all of that stuff is out of fashion.

[sponges] 17/10/2018 11:43

Careful - It will pass this current fad - like rock'n'roll did ha ha
The world has changed I believe (and I'm 60) and it isn't going back - online will just keeping growing year on year - although agree valuations appear high asos has surely proven their model now over a long time period with obvious ups and downs along the way

[careful] 17/10/2018 11:13

15% of uk shopping is now online.
the way the believers talk you would think it was 75%.

you have to be in your house to take delivery.
when it arrives it looks cheap and does not fit.
you have to re pack it and return it,( after wearing it for a night out)

what a shambles, it will pass, this current fad.
online will be stuck at 20% maximum.
...and everyone including MKS are online.

ASOS is growing from almost nothing to a little bit more than nothing.
A PE of 58 seems dear.
But compare to Netflix at 120 and Amazon at infinity, I suppose it is relatively cheap.
(a cheap tulip, as in tulip mania)

[sponges] 17/10/2018 10:43

There is a whole generation now that have grown up using the internet to shop and who wouldn't dream of ever physically getting in the car and going all the way to their local town centre to visit MKS or any other bricks and mortar operation for that matter - whether any of us like that or not - that is the facts and why a company like asc is doing well - so I wouldn't say the lunatics have taken over the asylum - more that another generation are doing it their way (IMHO)

[careful] 17/10/2018 10:28

ASOS now valued the same as MKS.
crazy.
the lunatics have taken over the asylum.

[umitw] 17/10/2018 08:37

Can ASOS hit 60 GBP today..?

[dcarn] 17/10/2018 08:35

Good old ASOS, excels again.

[ny boy] 17/10/2018 08:13

Not in but well done those that either bought or are still holding, certainly v strong results

[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.