Asos Share Discussion Threads

[nobilis] 16/10/2019 08:31

£40 is coming to a screen near you

[darius12] 16/10/2019 08:30

this guy was particularly NEGATIVE!

Costax1654x16 Oct '19 - 07:36 - 15217 of 15237
0 0 0
-30-40% today

[amt] 16/10/2019 08:29

Wow called this completely wrong. I thought there was a big fall due.

[johnyee 7] 16/10/2019 08:26

Did someone say this is going down? where are they now?

[nobilis] 16/10/2019 08:22

Waited a long time for this moment

[nobilis] 16/10/2019 08:20

£40, then £59

[nobilis] 16/10/2019 08:20

£40 is coming here lads

Hold on strap yourself in

[nobilis] 16/10/2019 08:10

I feelthis is £35 in a few days

Was £55 a year ago

[greco600] 16/10/2019 08:06

Bit different from what these doom and gloomers are spouting on this board!!

[darius12] 16/10/2019 08:00

auction looks impressive now!

[ghostme] 16/10/2019 07:58

Hasn’t started properly. Going to be very choppy. I’ll be back in at 2000

[darius12] 16/10/2019 07:52

auction doesn't look bad?

[ghostme] 16/10/2019 07:52

Good luck I will wait to see what it does 20% down I’ll buy some for a bounce

[christh] 16/10/2019 07:51

Excellent results
It will open up £30 maybe £40.
well deserved as growth in sales rising.
Finally got everything running smoothly.

[nobilis] 16/10/2019 07:51

Going to £40 v quick

[nobilis] 16/10/2019 07:50

opening 250p over close

[ghostme] 16/10/2019 07:43

But no forecast on growth in terms of figures or margin. The market will not like that you bunch of amateurs

[nobilis] 16/10/2019 07:40

up 300p today

[amt] 16/10/2019 07:39

I suspect a big fall today is more than likely but that's just based on finacials, I don't know the business.

[eentweedrie] 16/10/2019 07:38

sorry to say but this is going down today.gl holders

[costax1654x] 16/10/2019 07:36

-30-40% today

[darius12] 16/10/2019 07:34

Outlook

FY19 was a year of substantial operational change for ASOS. Whilst this caused disruption to both our business and our customers, the majority of the transformation program is behind us and has laid the right foundations to enable our future global growth. We are now refocusing on delivering the core elements of our business through a clear set of priorities which will enable us to provide our customers with the most relevant choice of amazing, competitively priced 20-something fashion.

We are clear on the actions required to further improve our performance and re-engage those customers we disappointed and are encouraged by the progress we have made on product, presentation and engagement. We have taken early actions to improve our efficiency, reduce non-strategic cost, refocus our capital expenditure and enhance our capabilities. All of which will allow us to support our growth plans and to deliver sustainable long term increases in sales, profitability and cashflow.

We ended the year better positioned than we began it and have made a solid start to FY20. Whilst mindful of consumer uncertainty and retail trends in a number of our markets we are confident in the substantial global opportunity for ASOS and look forward to the future with confidence