Asos Share Discussion Threads

[milliecusto] 17/6/2022 11:08

Current expected PE is 28, which is ridiculously high, profit guidance £20-£60m, mkt cap £860m, do the maths, with a deteriorating market, do the maths, share price should be 300p which gives a pe of 10

[milliecusto] 17/6/2022 11:04

Worth a read

[dillydally2] 17/6/2022 11:01

Funds are buyin

[wolfofhounslow] 17/6/2022 10:51

Shorties toasted

[milliecusto] 17/6/2022 09:54

Your funeral

[milliecusto] 17/6/2022 09:54

I know, just warming up lol

[dillydally2] 17/6/2022 09:49

Rns increased holding from fund

[deanmatlazin] 17/6/2022 09:43

looking for a bounce up to £10

[zaxarobal] 17/6/2022 09:36

I am loading my pants with this

[wigwammer] 17/6/2022 09:14

0.2x sales. Big cash position, but some debt. If it survives it will probably multi bag. At some point the shorts will recognise this and try to close.

[sparky333] 17/6/2022 09:06

Recession hasn't even really started yet and peop,e are buying wtf

[milliecusto] 17/6/2022 08:30

Another mini false rally, back under 8 by end of today

[wolfofhounslow] 17/6/2022 08:19

Ignore the short term moves...this is worth atleast 15 when inflation peaks and starts to come down....

[buy2sell1] 17/6/2022 08:05

City secrets number 17 - NEVER TRY TO CATCH A FALLING KNIFE



(especially relevant to anyone thinking of buying ASOS shares right now)

[dillydally2] 17/6/2022 08:01

Recovery to 10

[careful] 16/6/2022 19:21

The business model seems to be failing.
during lockdown ordering online seemed to be the future.

but it is expensive to package and deliver a range clothing.
I noted they referred to growing sales but lower 'net sales.'
Customers are ordering several items then returning them.
This is a expensive operation.

Todays estimated pre tax profit of £20m - £60m is worrying.
It is likely to be optimistic.

[jw330] 16/6/2022 19:14

velocy dont mention extremely cheap. might set some of the readers off! Don't want anyone else to lose another 30% tomorrow lmao

[wall street trader] 16/6/2022 19:09

Is he wearing flares ?

[velocytongo] 16/6/2022 18:57

Hoping this is the bottom. The new CEO actually looks and sounds like someone who understands fashion. If it stays this low for too long, the co will be vulnerable to a bid from Next etc. It looks extremely cheap at these levels but then again I thought £15 was cheap.

[wall street trader] 16/6/2022 18:20

Well I have had better days.......

[amaretto1] 16/6/2022 16:20

Frank bought in at over 30 squidsSuicidal

[wigwammer] 16/6/2022 15:33

2 days ago jw330 wrote that ASC is "Certainly good value here"... one of the worst calls on advfn this year.... I don't own ASC, but I pity anyone who acted on his poorly conceived enthusiasm. ATB