Asos Share Discussion Threads

[nobilis] 24/1/2019 11:33

Ready to blow

[nobilis] 24/1/2019 10:40

Chart breakout coming here

[umitw] 24/1/2019 09:30

Buying in by the managers last 2 days. The holdings passed 10% & 5 % respectively.Sounds good so far.

[onjohn] 22/1/2019 13:49

go to meet gap up to 60 pounds

[onjohn] 22/1/2019 13:47

propa welly

[onjohn] 22/1/2019 12:34

heading for new recent high

[onjohn] 22/1/2019 11:36

Gonna kiss 35 quid this week

[burtond1] 22/1/2019 10:43

As is now tradition, January has seen the release of yet another batch of apocalyptic articles highlighting the decay of the UK's high streets......So, can investors still make money in the UK retail space?#BOO #ASC #HFD #DEB #MRW #TSCO #MKS #NXThttps://twitter.com/tmsreach/status/1087661547869093888?s=21

[onjohn] 22/1/2019 09:37

SCREAMING LEG NORTH STARTING

[opodio] 22/1/2019 09:32

Here comes £40

[umitw] 18/1/2019 15:24

It all depends what 29 Jan brings. If agreement was established in parliament, pound could be stronger and so the FTSE !

[madbadtrader] 18/1/2019 14:47

Be careful, everyone is predicting Asos reporting good trading over Xmas, what if it does not - where will that leave the share price?

UK retail sales fell in December, confirming the impression of weakening confidence among households ahead of Brexit.

The Office for National Statistics reported that volumes contracted by 0.9 per cent in the month, slightly worse than City of London analysts had been expecting.

The November increase of 1.4 per cent, driven by Black Friday discounting, was also revised down to 1.3 per cent.

In the final quarter of 2018 sales volumes contracted by 0.2 per cent, meaning the sector was a drag on overall GDP growth.

Retail sales account for around 20 per cent of the overall economy.

The most recent GfK consumer confidence reading for December was the weakest in more than five years.

The Bank of England’s latest credit conditions survey earlier this week showed demand for credit card borrowing is expected by lenders to be the weakest since the survey began in 2007 over the coming three months.

“A major concern for retailers will be that already cautious consumers further limit their spending in the near term at least due to the heightened uncertainties over Brexit,” said Howard Archer of the EY Item Club.

“Consumers have tightened their purse strings amid rising concerns about Brexit,” agreed Samuel Tombs of Pantheon.

[umitw] 18/1/2019 10:56

Funny how few weeks make so much difference to the stock prices. When the markets are bad everyone has a negative view and day ASC will be worth 4- 5 pounds, now it's worth 40 pounds.Crazy people not able to assess the situation well. Shows how much notice one should take to those pretends that they have superior knowledge!

[pal44] 18/1/2019 10:16

yup 10% may be exceeded today one hopes !

[zoro9791] 18/1/2019 09:30

Nice wake up.

[fuji99] 18/1/2019 07:48

Interesting news from Peel Hunt.
If as stated, ASOS lifts guidance next month, the shares will definitely go steadily back to £40 within a week.
"ASOS tipped to lift full-year guidance next month as City broker reinstates ‘buy’ recommendation
10:21 03 Jan 2019
The online retailer shocked the markets with last month’s profit warning but Peel Hunt expects it to have enjoyed a strong Christmas which should see it lift guidance in February’s trading update.
Analysts at Peel Hunt have reinstated their ‘buy’ recommendation for ASOS plc (LON:ASC), claiming that the online fashion retailer’s plunge in December has thrown up a “rare buying opportunity”.

[fuji99] 17/1/2019 08:36

AQR Capital and Marshall Wace decreasing their shorts in January 2019. They must feel the effect of certain volatility in the stock.

[fuji99] 17/1/2019 07:58

Internet retail sector: Amazon Q4 release on 31st of January 2019. 2 weeks before ASC trading Update could also move it sharply.

[fuji99] 16/1/2019 16:13

I have a feeling many shorts will close in panic tomorrow due to the positive momentum given to the market by the MP's vote tonight. Triggered stop losses could take it up by more than 150p...

[fuji99] 16/1/2019 15:49

The other catalyst for the markets tomorrow will be that the non-confidence vote will not pass thus maintaining May to continue the Brexit process and negotiations.
I don't believe that the MP's would like another election - apart from labour - in the midst of all the chaos. What labour can do if in power ? To cancel the referendum ? It will commit suicide forever.

[fuji99] 16/1/2019 13:54

pa44 - That's right. the Buy to Sell ratio is more than 3:1. I think there are those savvy investors who are catching value on here. ASC lost almost 50% of its value since October. To many, this is overdone and they know the share price will slowly but surely regain confidence in the market as it is the leader in On-line retail. ASC is exploring Artificial Intelligence (AI) in its services to become even leaner and more efficient. I still remember when Amazon was $9 in 2000 ! Technology transformed it progressively into a great efficient machine becoming an internet retailer giant.

[pal44] 16/1/2019 13:22

some good buying today will this start to creep up later ?

[onjohn] 16/1/2019 09:02

John lewis recently saud weekly sales up 1.8% having lost 4 out of 5 previous weeks:

"Total sales for the week were up 1.8% on the same week last year. This was due to customers shopping for gifts and preparing their homes for Christmas, and price matching competitor promotions which launched at the end of the week.
Fashion sales were up 9.3%. Sales were boosted by price matching competitor promotions. Beauty, Wellbeing and Leisure sales were up 15.7% across the week, and Womenswear and Menswear sales were up 8.5% and 7.2% respectively.
Home sales were down 1.7% overall. Christmas Shop had a good week with sales up 1.1% on last year. Sales of Christmas trees were up 10% and Gift Food continued to have strong sales. Customers preparing their homes for Christmas increased sales of some home accessories with Lighting sales up 10% on last year.
Electrical and Home Technology sales were down 4.3%, partly due to annualising competitor promotions which were not repeated this year. Nevertheless, we saw strong sales of mobile phones which were up 34% on the same week last year. We also had strong sales of Dyson Airwraps and smart watches."





When ASOS see sales rebound this is going to double in 2 days

[onjohn] 16/1/2019 08:48

nice. Real nice.

[onjohn] 16/1/2019 08:28

SCREAMING LEG NORTH STARTING