Asos Share Discussion Threads

[ny boy] 20/4/2022 14:34

Still searching for a bottom, should be soon, worst case scenario around 1000p but doubt it will go that low 1350/1400 area more likely imo

[technowiz] 19/4/2022 14:52

shorts. you die and burn.

[technowiz] 19/4/2022 10:53

RSI close to oversold. share price below lower bollinger band. i'm back in today.

[kmann] 19/4/2022 09:01

Hardly going out of business are they.

Entering the warmer weather and holiday months, people still want to look Good and feel Good.

When this starts throwing off enough free cash, and it will, thats going to be a handsome dividend, and depending what level you get in at a healthy yield.

[ny boy] 19/4/2022 07:17

Dire outlook for these and particularly for BOO imo

[dissentingvoices] 14/4/2022 13:56

WITH INFLATION AT 7% & GOING HIGHER, RETAILERS ARE OFFICIALLY A "SELL"

( UNLESS YOU LIKE LOSING YOUR MONEY !!! )

[melegramforttongo] 14/4/2022 06:17

Muppet , unlucky pal , well I guess not really … the signs have been clear so it’s not like you were not forewarned .
What alias do you normally use ?
One that has been deeply humiliated no doubt😂ԅ14;😂😂;😂😂😂😂
28514;😂€514;😂㈳4;😂

Marshall Wace have helped to crush this and crush the dreams you had .

Clearly you are one of the 5000+ gang bag holding all the way down .
What a hoot 🦉, how we chortle at you
😂😂😂😂8514;😂ԅ14;

[dissentingvoices] 14/4/2022 06:10

UK INFLATION AT 7% SENDS COST OF LIVING SOARING AND CAUSES PANIC AMONG RETAILERS.
=================================================================================

The latest figures from the Office for National Statistics (ONS) showed inflation rose by more than expected in March to reach 7%, rising from 6.2% in February thanks to the soaring price of fuel, energy and groceries at the start of the year.

UK households are now braced for the sharpest annual rise in the cost of living since the early 1980s after a larger-than-expected jump in the official inflation rate amid record increases in household bills, petrol prices, and food and groceries.

The Consumer Prices Index (CPI) measure of UK inflation is likely to breach 9% this month which is clearly bad news for Retailers.

Boohoo PLC and ASOS PLC will inevitably be major casualties as household budgets are squeezed from all sides.

[muppetchaser] 14/4/2022 00:56

Melewaffle, keep up the meds so we can all keep having a laugh.

[lodgeview] 13/4/2022 22:21

It's over for ASC

[melegramforttongo] 13/4/2022 20:58

Muppet

I see you have been a member of ADVFN for lots of ….seconds …
Born 13th April , why that’s today .
😂😂😂😂8514;😂ԅ14;😂😂;😂😂😂😂
28514;😂

Ohhhhhh I must have hurt your feelings today so you created a new alias to seek revenge ??

Well my friend ,I genuinely hope you have lost very heavily on this … no no seriously I really actually do hope you are deeply hurt and financially impoverished by losses here.

Atb mele

😂😂😂😂8514;

[muppetchaser] 13/4/2022 20:09

Meledrama, what tablets you taking son?

[melegramforttongo] 13/4/2022 15:55

Up 4.8% then down 7.9 %

Lovely .

Let the ramping losers shout loud that this is the bottom …. Watch it rise whilst taunting them to get them to attack … then watch them as it sinks fast … now is the time to twist the knife into the loser … .. and then watch as they walk along penniless , heads bowed , saying “ please sir , can I have some more ?”

MORE !!
MORE YOU LOSER !!!!

Muhahahaha

This is the point where you finish them off .
They reach out for help and you stamp on them hard .

Lol
Ohhh how to crush a loser …

[ny boy] 13/4/2022 13:30

I used to be keen on these but their market is full of fickle teens and 20’s sumin buyers, who are definitely being influenced by eco changes in society. It’s not the end but fashion is always transient, ASOS needs to keep ahead of consumer changes, their results are a wake up call, I will read more to ascertain how the Company plans to address the existing problems. Let’s see if any institutions support them by adding more to their holdings or new ones come aboard at these lower prices. One to watch over the next few months.

[fuji99] 13/4/2022 13:05

FACTS- Unfortunately this is the case. How people will spend more if everything becomes more expensive and jobs drying ? For those who are still at work, the only solution is to cut down on everything. We know the results on spending and how the retailers would feel the squeeze. Two actions to reduce inflation: 1/ Either raise interest rates, meaning people would not borrow to "buy" things as money becomes expensive or 2/ Push people to reduce spending by obliging companies to stop hiring and firing at their will when it suits them, meaning goods have to get cheaper if no-one is buying them. So high interests and job fears will reduce spending and therefore inflation. This is the sour pill they use all the time and people as usual, pay for it. Adding to all of this "ratatouille", the Russian/Ukrainian conflict where nobody can guess the outcome. Unfortunately we are all living in gloom and doom - All this after Covid !!!

[melegramforttongo] 13/4/2022 13:00

Ohhhhhhhhhh How we love to laugh and point at those who lose heavily .
😂 😂😂😂😂8514;😂ԅ14;😂😂;

Can anyone give any reason at all for optimism on this company ?
All I can see are headwinds in every direction .
Sinking in quicksand with headwinds in every direction drowning out your screams for help.

No seriously 😂😂😂😂 any positive signals at all ?? Lol

[melegramforttongo] 13/4/2022 12:46

Wolf 🐺

😂😂😂😂8514;😂ԅ14;

More like rabbit 🐇 in the headlights

The Marshall Wace juggernaut has steamrollered over Wolfs dreams .

Wolf 🐺.
He used to have no losses when he first opened his account .
Yet ever since it’s been a one way ticket to hell.

IN MARSHALL WACE WE TRUST

[factsandfigures] 13/4/2022 12:40

The latest UK inflation data makes for very unpleasant reading, but it hasn't come as a shock to the City's financial markets. If anything, inflation is expected to get even worse going forward.

Obviously with UK inflation at a 30 year high, savvy investors should now be looking to avoid companies that heavily rely on consumer spending.

Boohoo PLC and ASOS PLC shares are expected to continue falling on concerns that their annual sales and their annual profits will be weaker during 2022.

Logically, most households now have a lot less money to spend on new clothes and footwear due to ever-increasing bills and higher taxation.

[fuji99] 13/4/2022 12:27

A slowdown in the economy coupled with a higher inflation are bad precursors for consumption and retailers of all kind in particular. Companies may reduce headcounts to compensate for cost increase. ASC is an excellent and well run on-line company but may take a while, possibly the whole 2022, to fully recover.

[wolfofhounslow] 13/4/2022 10:38

Never bigger revenues mean more profit!!Just the argument from NY is stupid as usual...Once he buys in he'll be all ramps..

[r88ave] 13/4/2022 10:35

bigger revenues doesn't necessary mean more profit. Its the margins you need to look. Of course the boards wants the books look good...they were covering the bad points. It did say yesterday the future earnings are pretty much unpredictable given whats happening

[melegramforttongo] 13/4/2022 10:32

Wolf lad
How much you down on this now ?

Give us all a good laugh ?

[wolfofhounslow] 13/4/2022 10:17

So howcome the revenues still forecast to increase year on year ?