Asos Share Discussion Threads

[umitw] 10/4/2019 10:04

Wow, that's due to the high st retailers not doing well I suppose!

[s34icknote] 10/4/2019 09:51

Good opportunity to quit while your ahead too !!!Sicknote

[asusasus] 10/4/2019 09:31

If this can break 3400 then a run up to 4000 is very likely.

[dsct] 10/4/2019 09:16

Having watched ASOS for many years, I decided to take the plunge and bought a few on Monday, hoping that the bad news was already priced-in, with a view to a short-term trade, as well as (slowly) building a longer term holding.

Told a majority this morning, and made a small profit plus have a few shares for (theoretically) nil-cost. I've now put a lower buy-order in to see if I can rinse and repeat :o)

[vesna09] 10/4/2019 09:05

Shares up £1.81 this morning

[jamesto2] 10/4/2019 08:55

2000p next week or lower .. I've sold out today before the short sellers strike lol

[umitw] 10/4/2019 08:25

This is an interim results,wait for the full year results.Anything can happen. High st fashions are suffering.This could be good news for ASOS.

[asusasus] 10/4/2019 08:21

Albert I tend to agree and I'm shocked albeit it's a very pleasant shock. The market thankfully disagrees!

[albert zog] 10/4/2019 08:20

not a lot to get excited about in these h1 results ... this is a 'trust me' situation

[fuji99] 10/4/2019 08:09

Today shorters might burn.

[umitw] 10/4/2019 08:09

It is factored in already. Markets were expecting the results to be bad. Hence the drop from 80 pounds.

[asusasus] 10/4/2019 08:08

Wow I am pleasantly surprised. Fantastic but I don't understand how this can go blue with an 87 percent drop in profits!?

[umitw] 10/4/2019 08:06

It's only a small trading activity. Big buyers/ sellers are still absorbing the results IMO.

[global nomad] 10/4/2019 08:04

market seeing the growth and capex investment in the global future

[christh] 10/4/2019 08:03

Results are good.
The drop from £80 to the current level has factored in the profit changes.

£34 closing today...or £33 ....still strong

[global nomad] 10/4/2019 08:02

only a very small 3% drop on open and now positive....

[global nomad] 10/4/2019 08:02

you haven't lost anything until you sell. this is still a good long term investment. Don't look for the perfect bottom...look for a low enough price that you think will be exceeded in the near/medium term.

[umitw] 10/4/2019 08:02

TBH the share price is already down 50% so yes where is the bottom?

[damonbrooks45] 10/4/2019 07:57

But wheres the bottom? If we get to Dec '18 levels this morning I'll buy but could have multi day drop.

[asusasus] 10/4/2019 07:57

What the hell do I do now? I've lost my shirt!?

[costax1654x] 10/4/2019 07:56

Profit before tax looking bad

[global nomad] 10/4/2019 07:54

ready to top up if the share price drops considerably...

[umitw] 10/4/2019 07:51

Well well we are all bust this morning.this has now become a very long investment for me. -:)I think in the long term it will be fine. But now I don't know!

[fishking1] 10/4/2019 07:46

British online fashion retailer ASOS on Wednesday reported an 87 percent drop in pre-tax profit in the first-half, hurt by poor trade in the crucial run-up to Christmas and logistical hiccups as it entered the U.S. market.Pre-tax profit for the six months to end-February came in at 4 million pounds on sales up 14 percent to 1.31 billion pounds."Our performance across H1 has been disappointing and we are capable of achieving more," the company said in a statement. "We are confident of delivering a stronger performance in the second half."