Asos Share Discussion Threads

[kmann] 22/4/2022 16:37

citadel flipped to net long? looks significant @5%

until companies start laying off people and jobless figures start to rise I'd say the issues faced here are just systematic and will work themselves through.

[lse2020] 22/4/2022 15:14

https://en.m.wikipedia.org/wiki/Citadel_LLCCitadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by Kenneth C. Griffin, the company operates two primary businesses: Citadel, one of the largest hedge funds with more than US$38 billion in assets under management (as of August 31, 2021);[3] and Citadel Securities, the largest market maker in stocks, options, and interest rate swaps for retail and institutional clients, handling 40% of the stock trades in the United States.[4][5]

[wolfofhounslow] 22/4/2022 15:11

NameCitadel GP LLCCity of registered office (if applicable)Country of registered office (if applicable)US Name City of registered Country of registered office office Kenneth C. Griffin =================== ====================== Citadel Securities GP Chicago United States LLC =================== ======================

[factsandfigures] 22/4/2022 15:09

COST OF LIVING INCREASES HITS UK RETAILERS
==========================================

The Office for National Statistics has today revealed that sales fell sharply as people cut down on non-essential spending.

Sales of Petrol & Diesel also dropped as people cut down on travel amid record fuel prices.

Retail sales fell by an unexpected 1.4% in the month, and February's sales figures were also revised downwards.

Darren Morgan, ONS director of economic statistics, said "Online sales were hit particularly hard due to lower levels of discretionary spending".



THAT THE "SELL" SIGNAL FOLKS

[jackson83] 22/4/2022 13:31

KEEP SHORTING / SELLING been shorting from 7000p



will we see 1200p or 900p soon

[wolfofhounslow] 22/4/2022 11:47

5% stakeBoom

[wolfofhounslow] 22/4/2022 11:47

NameCitadel GP LLCCity of registered office (if applicable)Country of registered office (if applicable)US Name City of registered Country of registered office office Kenneth C. Griffin =================== ====================== Citadel Securities GP Chicago United States LLC =================== ======================

[factsandfigures] 22/4/2022 11:03

Most ASOS customers do NOT have spare money to waste on new clothes.

[fuji99] 22/4/2022 10:52

The effects are starting to bite: - - - hTps://www.bbc.co.uk/news/business-61157856

[fuji99] 22/4/2022 10:16

We have a situation of catch 22 all over the world. In one hand higher inflation so higher prices caused by shortages of goods in the market due to supply chain bottle necks (Covid related) and now Russia/Ukraine war effects - and in the other hand the only remedy left to central banks is raising interest rates. If interest rates rise mortgages payments will rise, investors will pay more to borrow money - so they will not borrow thus not invest = less jobs created, more redundancies etc. Inflation will drop because people are not spending but there won't be any job creation - economy will stagnate. So no matter what is done, there are too many uncertainties on the whole economy - jobs, food shortages etc. Is this a precursor for a hard and long recession fueled by the Russia/Ukraine conflict which does not look having a solution at all as long as Putin is in charge ? My own conclusion is that people will automatically look to buying cheaper, cut their expenditure, their driving, their holidays, clothes, outings/restaurants/hobbies etc.
Retailers will have to reduce prices to attract buyers meaning margin/profit erosion etc. All this will have a negative effect on share prices for particularly retailers - The share price has to adjust accordingly - unfortunately in the negative direction. IMO it is almost impossible to predict a bottom for the likes of Asos under current geopolitical situation.

[fuji99] 22/4/2022 09:44

Maxi - Any idea on a decent support level as the chart stands ?

[maximus57] 22/4/2022 09:36

Not a very pleasant looking chart over the last year. Only a guess as to when and where it stops going down. Everything looks stacked against it with current economic conditions. But could it tempt suitors at this price? Who knows. Definitely interesting days ahead. I think I'll monitor from the sidelines at the mo

[jackson83] 21/4/2022 20:09

STILL SHORTING from 5000p ... buy back in at 1000p or lower

Recession looms

[ny boy] 21/4/2022 17:37

Not tempted yet, no confirmation of a bottom, will continue to monitor closely though

[kmann] 20/4/2022 16:31

For what its worth, Goldman Sachs Group 2050. Realistic imo and inline with a few other brokers.

Id buy any sharp market dip here.

[wolfofhounslow] 20/4/2022 16:24

So you know how low the current share price is ?When this moves you'll be left behind...

[ny boy] 20/4/2022 15:34

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 15:52

shorts. you die and burn.

[technowiz] 19/4/2022 11:53

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

[kmann] 19/4/2022 10:01

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 08:17

Dire outlook for these and particularly for BOO imo

[dissentingvoices] 14/4/2022 14:56

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

( UNLESS YOU LIKE LOSING YOUR MONEY !!! )

[melegramforttongo] 14/4/2022 07:17

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;