Asos Share Discussion Threads

[wolfofhounslow] 29/3/2022 10:45

Finally turning

[jackson83] 28/3/2022 20:41

we need news or opportunity to buy more at 1000p ? soon or maybe 800p

[jackson83] 28/3/2022 20:41

we are still above the 3p lows set in 2003 lol ...

[farmerjohn1] 27/3/2022 15:12

Seeking Alpha article:

“ASOS: Improving Fundamentals Plus Significant Drop In Share Price Make It Attractive”:

“ASOS is primed finally to launch a full expansion into the U.S. with its Nordstrom equity partnership.”

“McKinsey notes online fashion sales have increased significantly, with this trend likely to continue.”

“The Arcadia brands acquired in 2021 will continue to support strong revenue growth.”

“Supply side delivery issues are easing and present an opportunity to outperform expected margins.”

“ASOS’s current valuation is well below its peers and historic multiple. Our expectation would be a 68% expansion.”

[farmerjohn1] 25/3/2022 19:21

Interesting reading:

[ny boy] 22/3/2022 13:08

Still no signs of a recovery off the lows yet?

[jackson83] 10/3/2022 22:20

I had a top up beginning of week at 1540p ... will add more if it gets shorted / sold down again ... possible opportunity to get more at the 1000p if the war gets worse lol

[wall street trader] 08/3/2022 09:56

I just don't see it but time will tell I've added at this levels that in time will look cheap

[onetomany] 08/3/2022 08:23

You missed the point China.

[wall street trader] 08/3/2022 07:54

people are buying less clothes are they or returning to the High Street ?

[onetomany] 03/3/2022 17:16

Russian sales not the issue. Overseas sales will be impacted to the time of 50% imo. Supply chain costs will also hurt margins. Expect a profit warning pretty soon.

[wolfofhounslow] 03/3/2022 17:11

It does say 4% of revenues...

[wolfofhounslow] 03/3/2022 17:06

Looks like 1200-1300p coming unfortunately....Just bad luck with regards to war and inflation. The management is generally good...

[crowshott] 03/3/2022 16:38

It seems management have not looked the logistics issues UK, Germany and USA? Still ongoing adding extra costs to the bottom line.

[crowshott] 03/3/2022 16:35

By pulling out of Russia, cost 20m in profit but no mention of how much t/o lost.

The price may be down due recent 2% discount from suppliers? Again to shore up the profit.

[onetomany] 03/3/2022 16:12

Global logistics issues hitting ASOS very hard. Expect a significant profit warning. Logistics much worse than those experienced during pandemic. Costs increase is frightening too.

[ny boy] 03/3/2022 08:36

Looks like a retest of pandemic low in Spring 2020 around 1000p?

[linton5] 02/3/2022 20:31

And you’ve never changed such a sad human being

[linton5] 02/3/2022 16:12

Asos have ended there Russian operation like everyone else

[ny boy] 02/3/2022 08:07

Bottom fishing is a tricky business, especially if you are expecting short term gains, it’s on my watch list

[jackson83] 25/2/2022 00:19

some risked a top up at 1800p lol


wait for 1000p again / boohoo profits on death row lol

[mr5k] 24/2/2022 10:16

jas, you not seen the news ! it's a good day to buy.