Asos Share Discussion Threads

[fuji99] 11/1/2019 09:22

Things that convinced me to top up and hold ASC:
1/ Leader in on-line retail - All the others may vanish
2/ Can be taken over by the biggest shareholder (danish retailer)
3/ Lowest PE ratio in the sector - compared to BOO et al.
4/ Sales = Market Cap
5/ Most importantly: Consumer confidence will shoot up sharply if Brexit passes next Tuesday. (Politicians are well aware of the disaster with Europe and the world that will follow if they don't approve it as for example JLR, Nissan, many banks and companies etc. will desert UK very quickly to avoid any possible economic repercussions). IMO the share price will go back all the way up to at least £40 within a month for those who want a quick return.

[pal44] 11/1/2019 09:09

re: 'Future of retail is internet and mobile ' ASOS is the best of the lot I would say. GLA

[vauch] 11/1/2019 08:07

If taken out then we could hopefully see a dividend as it is years overdue

[blackrocktrader] 10/1/2019 16:23

Yeah , who would be disappointed from us , shareholders . Future of retail is internet and mobile ( probably ) so lets hope .

[fuji99] 10/1/2019 15:23

T 34 - Consolidation in the retail will probably happen very soon. Small fish will be swallowed by the big one to clear the sector.
At this share price level, with market cap = turnover = £2.4 billion, ASC might easily attract a bidder. I own some ASC shares and won't be disappointed if a bidding war happens !
.

[t 34] 10/1/2019 13:50

ASC might attract a bid . Bestseller from Denmark owns close to 30% or even bidding war from them and ,for instance, Amazon( however amazon guy will be busy with divorce ) .

[cottlet] 09/1/2019 17:29

Really appreciate comments re misguided
Thankyou. I met Passi at an HSBC fast track dinner.
The company was flying high then
Just shows you .... take your eye off the ball and wallop!!!

[umitw] 09/1/2019 13:25

US. Is pointing to open 104 points positive

[zoro9791] 09/1/2019 12:37

Let's see what the afternoon hold for us.Need to push £30 than probably will fly.

[zoro9791] 09/1/2019 11:46

Looks like the momentum has gone.

[umitw] 09/1/2019 09:58

Ha e you bought again this morning. I did!

[ny boy] 08/1/2019 14:55

Did t get the high but sold 31.81p, not bad return, will wait for another trade here, many other stocks offering buying opportunities after the recent market rout imo

[umitw] 08/1/2019 14:08

Even the gold is down about $10!

[ny boy] 08/1/2019 13:38

umitw

Thanks..Just a calculated risk, recovery after recent drop, and markets is risk on mode again.

[umitw] 08/1/2019 13:07

Well done Ny boy. You are in profit already. Fortune favours the brave!

[zoro9791] 08/1/2019 12:59

After 30% rise within few days is not surprising. Have not seen any bid sell. Well done who took profit now let's get to the next step.I assume after 2.30pm we will some heavy buyers.

[pal44] 08/1/2019 12:53

agree all those sellers earlier got mugged .

[ny boy] 08/1/2019 12:45

Buy those dips Sir!

[bullsvbears] 08/1/2019 12:35

Rather lively today.....

[trt] 08/1/2019 10:51

Taking profits now

[umitw] 08/1/2019 09:02

Profit taking day.

[ny boy] 08/1/2019 08:38

Bought some more just over 3000p on this pull back this morning. Dip buying under way imo

[ecoover] 07/1/2019 13:11

Shaggies
Can you elaborate on gaps and alg. treading .