Asos Share Discussion Threads

[factsandfigures] 12/4/2022 08:07

The City has decided !!!

[warrenbuffet73] 12/4/2022 07:49

I agree upwego, little shorters with trying to scare retail investors on this board

[melegramforttongo] 12/4/2022 07:44

Maybe it priced in upwego.. and you may get a temporary reprieve ,but it’s not good news lad .

I’m hoping it falls massively over the next few weeks so I can crush you into the ground

💪🤛🤜👊

[dissentingvoices] 12/4/2022 07:43

ASOS Results are definitely NOT ok at all.

To swing from making over £106 Million in Pre-Tax Profits to now making a Pre-Tax Loss of £15.8 Million is absolutely horrendous.

The stockmarket was NOT expecting this at all

[jonny_wright] 12/4/2022 07:42

I'd expect this to open around 1000

[dissentingvoices] 12/4/2022 07:32

Results are NOT ok at all.

To swing from making over £106 Million in Pre-Tax Profits to now making a Pre-Tax Loss of £15.8 Million is absolutely horrendous.

The stockmarket was NOT expecting this at all

[warrenbuffet73] 12/4/2022 07:27

Results ok and not a disaster as some feared. Who knows what H2 holds inc BoD. I think holidays, events and weddings will have provide a nice uplift this year. Good to see pre tax profit of £14m when analysts expected £8m. What we needed to avoid was any hidden nasty surprises and there wasn’t one. I think the analysts will see this as a management team who know what they are doing. Maybe a relief rally today.

[bulltradept] 12/4/2022 07:26

Not great results getting worse, retail is goosed for the time being.

Below £14 today anyone?

[factsandfigures] 12/4/2022 07:23

To all the BOOHOO LOSERS that said: ASOS RESULTS WILL BE GOOD NEWS FOR BOOHOO !!
============================================================================



Six months GBPm to 28 February 2022
-------------------------------- ------------- -------------
Group revenues 2,004.1 versus 1,975.9

Gross margin 43.1% versus 45.0%

Operating (loss)/profit (4.4) versus 109.7

Operating (loss)/profit margin (0.2%) versus 5.6%

Adjusted EBIT 26.2 versus 116.2

Adjusted EBIT margin 1.3% versus 5.9%

Adjusted profit before tax 14.8 versus 112.9

Reported (loss)/profit before tax (15.8) versus 106.4

Diluted earnings per share (13.5p) versus 81.9p

Net (debt)/cash (62.6) versus 92.0
-------------------------------- ------------- -------------

[buy2sell1] 11/4/2022 15:16

ASOS does NOT need or want Boohoo.

Why would ASOS want to take on Boohoo's $100 Million Californian Class Action liabilities ???


KEEP IT REAL FOLKS ! ! !

[lawson27] 08/4/2022 08:56

Looking a good re entry point here @1600 before results, GLA

[millennialinvestor] 07/4/2022 11:34

Im hoping to be pleasantly surprised

Young adults have different priorities to the older generations,

They always will have the latest phone etc no matter what the cost of living is, because to them that is a part of living.

Fast fashion could be seen the same, it is a necessity for some people and if competitive pricing can be maintained, ASC and BOO will scoop the market. It's the highstreets who will once again suffer.

[ny boy] 06/4/2022 15:50

Slapped down again, certainly it out of the woods yet, what concerns me is the markets are probably going to head south to reflect rapidly rising rates, which will affect online spends as household budgets tighten with rapidly rising inflation

Will keep on watch for now

[thecashmoney] 04/4/2022 19:23

12 th April

[packman8] 04/4/2022 15:44

What date are the interim results due?

[thecashmoney] 04/4/2022 15:15

Boom we have confirmation of uptrend

[wolfofhounslow] 04/4/2022 09:37

Nice!!Shorters closing before the results ?

[wolfofhounslow] 02/4/2022 21:30

UKRAINIAN NEGOTIATOR SAYS RUSSIA HAS INDICATED THAT PEACE TREATY DRAFTS ARE ADVANCED ENOUGH TO ALLOW FOR DIRECT CONSULTATIONS BETWEEN PUTIN AND ZELENSKIY - INTERFAX UKRAINE

[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