Asos Share Discussion Threads

[tomboyb] 17/12/2018 07:32

Could be a big fall on the cards today -

Nothing is immune at the moment -

Couple that with a potential "hard brexit" and it miller time -

Thats the last thing needed now -

[discojames] 17/12/2018 07:28

Porsche1945 - wonder no longer. I love ASOS as a company but the share price has drunk for a while (too high). I think a lot of people will feel this ongoing debate was inevitablr

[tomboyb] 17/12/2018 07:20

Well -

ASOS with a profit warning -

don't see that often and its the tell tale signs of retail at this point -

[johnyee 7] 17/12/2018 07:12

Retail must be bad,even asos has a profit warning.

[madbadtrader] 11/12/2018 19:45

Morgan Stanley's update was today:
w w w.proactiveinvestors.co.uk/companies/news/210956/asos-is-burning-cash-morgan-stanley-says-as-it-slashes-target-price-210956.html

Can't believe the lunatics that keep buying! Don't catch a falling knife as is the motto: previous high prices does not mean that it will go back up, it just means that it was overvalued and in fact still is. PE Ratio of 43, Mkt Cap of 3.5bn yet pre tax profit is only £100million, has huge debts and is burning through it's cash, will no doubt need to fund raise in the not so distant future - i.e. share dilution.

[fuji99] 11/12/2018 16:20

Does anyone know the date of the update ?

[3dwd] 11/12/2018 14:54

No..... I think it's as expected... High multiple business... 40x... I think 20x is high.. So my tgt is 2500

[fuji99] 11/12/2018 14:28

Strange to see such a drop in a big rally.

[philanderer] 11/12/2018 13:59

Morgan Stanley cutting target price to 3200p from 5000p

Note here..

[3dwd] 11/12/2018 13:58

Looking to sell again... The Morgan Stanley not is good but still missed my view... Sell on strength

[jaymeemalkan] 11/12/2018 11:30

Looks like it's going up again, good time to buy!

[umitw] 11/12/2018 09:43

Some one is off Loading shares, not a big volume.

[debeege] 11/12/2018 08:22

whats caused this drop? cheers

[ny boy] 11/12/2018 08:21

Catch a falling knife here, certainly a savage drop, no idea where support is, need to check the chart technicals

[porsche1945] 10/12/2018 19:40

Down 22 pc since the CEO unloaded a massive block in Nov, I wonder what he knew.

[porsche1945] 10/12/2018 10:14

They do seem to be in freefall somewhat, not sure if its specific or just general brexit uk mad meltdown, or possibly Woodford has bought in🙁

[3dwd] 10/12/2018 09:56

There seems to be a very negative story around... Any thoughts appreciated.. Added to short..

[fuji99] 04/12/2018 14:09

Probably talk about possible tax on online retailers (to help high street).

[umitw] 04/12/2018 12:41

Is there a bad news in the offing? Down 4.4% ...?

[kaka47] 03/12/2018 15:06

Market cap GBP54 MillionCash in the bank GBP12.5M up GBP3m since YE 2018NO DebitOnline sales up 62% Now represent 30% group salesGroup sales up 19%1st half YE2019 Actual Revenue GBP66.7m UP 19%1st half YE2019 Actual EBITDA Profit GBP5.6m up 11%Revised Forecast FY2019 Revenue GBP132m up13%Revised Forecast FY 2019 EBITDA Profit GBP11.5m Trading on less then 5x PE Quiz is still growing

[umitw] 19/11/2018 14:59

I hope so. I'm down here already!

[dcarn] 19/11/2018 14:39

Excellent, the doom mongers have arrived to kindly point out all the supposed negitives.

This normally results in ASOS heading north.

Back to £60 by 1st Dec, busiest time of the year.

[porsche1945] 19/11/2018 14:33

I wonder where the floor is, they trade on such a high multiple its hard to work out what they are actually worth, brokers, looking at target prices, utterly clueless as usual, once anything is a Goldman conviction buy you know its time to sell fast.

[umitw] 19/11/2018 14:08

Doesn't look good here, I expected it may close the gap from mid October to 45 Gbp.

[porsche1945] 19/11/2018 09:37

These have been sold off over a year, from 7700 to 5.00. Strong downward pattern and some heavy selling by large holders, could be just the brexit recession starting and people getting out of growth shares or just maybe these have had their day, these have been around a long time now, still listed on mickey mouse Aim, still with bumpy results and not doing anything that cant be easily replicated....gotta wonder whether these are drifting back to 1800/2200 sort of range....not looking good. Weak sterling not helping.