Asos Share Discussion Threads

[sparky333] 17/6/2022 08:06

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

[milliecusto] 17/6/2022 07:30

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

[wolfofhounslow] 17/6/2022 07:19

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

[buy2sell1] 17/6/2022 07:05

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 07:01

Recovery to 10

[careful] 16/6/2022 18:21

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 18:14

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 18:09

Is he wearing flares ?

[velocytongo] 16/6/2022 17:57

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 17:20

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

[amaretto1] 16/6/2022 15:20

Frank bought in at over 30 squidsSuicidal

[wigwammer] 16/6/2022 14:33

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

[ny boy] 16/6/2022 13:47

amaretto you sound flustered or out of cash, this market is for the big boys, buy when there’s blood on the floors, ignore short term views.If you can’t take the heat best keep out of the kitchen. Seek help too, you certainly are getting confused and bitter

[supercity] 16/6/2022 12:57

Interest rate rise means higher mortgages on top of the increases to the cost of living we have already seen.The last thing people will look to do is increase their spending on clothes. Unless it's vinted

[dillydally2] 16/6/2022 12:56

Out of Thg - sellBoo - sellASC STRONG BUY

[milliecusto] 16/6/2022 12:43

Buy today or tomorrow, you mad

[kmann] 16/6/2022 12:25

here we go, Dow, Sp500, nasdaq starting to bounce pre open

[jw330] 16/6/2022 12:17

Say whatever to make yourself feel better wig. Its not my fault you bought in and lost 30% in a day lmao. Maybe next time do your own research? Also don't follow blindly what is posted on here. Its a free forum people will post whatever they want. If you want investment advice maybe pay for it and don't be a cheapskate :)

[smithless] 16/6/2022 12:04

So much for analyst consensus average price target of £24.30! Easy job in a bull market, but in a bear.....

[jackson83] 16/6/2022 11:44

can't see this going below say 100p this year unless it needs funding

[jackson83] 16/6/2022 11:42

wait for 250p this is going lower

[kmann] 16/6/2022 11:34

The markets/analysts wanted 1% hike from the fed, and a little bit of recession will actually stop wage inflation.

As for a buy in here, for a trade, this level is significantly lower than most expected, plus after the shock of the interest rate news we could see a general market bounce.

So buy later today or tomorrow.

[porsche1945] 16/6/2022 11:24

None of this retail can do any good until inflation drops out of the picture. Just dont look at your portfolio for 12 months. UK is fxcked anyway, brexit fiasco, boris, covid, parabolic taxes, OMFG.