wilco99
- 12 Sep 2003 15:52
ASOS have dropped quite significantly in the past week for no particular reason and I view this as the perfect opportunity to invest as I can see them bouncing right back up to the 5.50p mark in the next 2-3 weeks. STRONG BUY!!
tomasz
- 22 Jun 2014 18:48
- 5365 of 5941
And this above is what happening when anencephaly is hitting the keyboard.
jj50
- 22 Jun 2014 20:27
- 5366 of 5941
Very true, cynic, current sentiment won't help. Rebound will take a while and looking at the charts, the low could be low.
tomasz
- 23 Jun 2014 00:19
- 5367 of 5941
Easy easy.... 7.30 rns reassuring statement or trading halted for press conference..no easy money to be made tomorrow...
Dil
- 23 Jun 2014 02:28
- 5368 of 5941
Yep lets all pile in !
People laughed at the last big fall in March when I said they wern't worth 3000p , to be honest I wouldn't be a buyer at 1000p.
tomasz
- 23 Jun 2014 07:23
- 5369 of 5941
As usual, reality's correcting tonns of others nonsense...
So, we got rns calming down, £20 mil stock down,(prop unwanted) ,250 mil net profit down from 2 days site off. Technology and structure undamaged, fully insured, start taking orders 2am..fenomenal turnaround .. great business power...
I got big mouth open and just waiting for some retail idiots panicking..please...
tomasz
- 23 Jun 2014 08:53
- 5370 of 5941
Acording to some , price should be walloped... well, im sure some idiots got walloped brains..
skinny
- 23 Jun 2014 08:57
- 5371 of 5941
Cantor Fitzgerald Hold 2,689.00 2,752.00 3,500.00 2,500.00 Retains
cynic
- 23 Jun 2014 09:06
- 5372 of 5941
as i gave up trying to trade this stock many months ago, i can just sit back and smile wrily when sp does exactly the opposite of what was expected
tomasz
- 23 Jun 2014 09:20
- 5373 of 5941
Just remember you walloped brain , year by year by year your idiocy is a rock unchanged and still entertaining and welcome
mitzy
- 23 Jun 2014 09:40
- 5374 of 5941
I give up predicting this one.
Shortie
- 23 Jun 2014 09:54
- 5375 of 5941
I don't know, my profit shorting this stock has been excellent to date. If I see a recovery then of course I'll go long. Expect with the BofE rate hike that this will continue south though.
Haystack
- 23 Jun 2014 10:05
- 5376 of 5941
They have lost 20% of their stock in the fire.
skinny
- 23 Jun 2014 10:06
- 5377 of 5941
Numis Buy 2,756.00 2,752.00 6,000.00 6,000.00 Reiterates
Shortie
- 23 Jun 2014 10:10
- 5378 of 5941
Why go long without a breakout, this stock is still trending down?
tomasz
- 23 Jun 2014 10:16
- 5379 of 5941
why don't you just go and find some brain to help you with your nonsenses?
--
perhaps there no help for that nonsense..
cynic
- 23 Jun 2014 10:21
- 5380 of 5941
sure am glad i have Mr Toad under a stone so i can avoid being irritated by his no doubt nonsense postings, even when they're not in pretend pidgin
Shortie
- 23 Jun 2014 10:34
- 5381 of 5941
Tomasz, for someone who has always been wrong on this stock and comes accross as the thread resident idiot, your consistent attempts to belittle anyone with an opposing view are boring.
tomasz
- 23 Jun 2014 10:53
- 5382 of 5941
Im light years from bored and it makes me tonns of laugh to see most of your similars being baseball batted for constant idiocy funk..as youve been wrong all the time before and suddenly made one brave , good and obvious trade it makes me laughable diagoerea in your attempt to create yourself as sudden valid expert.
Youre 1/1 laugh..why should i be bored..
HARRYCAT
- 23 Jun 2014 11:20
- 5383 of 5941
Barclays comment this morning:
"The fire in ASOS’s warehouse in Barnsley on Friday night is an incrementally negative event for ASOS in our view but we believe the disruption to sales and profits in FY14 will be very limited. ASOS’s website was not operational over the weekend but it is back up and running as of 2am this morning. According to management, c20% of the inventory worth £20-25m has been destroyed and further disruption is likely as ASOS is working to bring its warehouse back to normal. Importantly none of the technology, automation or structure of the building has been affected by the fire. We also highlight that ASOS is fully insured for all the inventory damage and the lost profit from the days that ASOS’s website was not operational. This, in our view, means that the damage could potentially be nearly fully mitigated. We believe that there are two key risks: 1.Given the website was not operational for two days, ASOS’s £1bn sales guidance at the end of FY14 may be at risk and 2. The timing difference of any payment by the insurance company may mean that ASOS’s FY14 PBT guidance may also be at marginal risk. We spoke with the company during the weekend who suggested the warehouse damage is very limited and manageable.
If the history of the previous fire teaches us anything then we would expect the negative impact on the company's profitability to be limited. Investor sentiment though will likely be hurt substantially after two profit warnings in a row and we would expect the shares to come under some pressure today. If the shares open substantially down we would expect such weakness to be short-lived, although we will be watching for additional colour from the company in the next few days. In 2005, ASOS received intermediate compensation by the insurance company shortly after the fire incident so a similar situation may occur now as well. We also highlight that ASOS missed its FY06 PBT expectations because of the timing effect of the insurance company's compensation payment but practically it was just a timing issue. Ultimately, ASOS continued to grow following the disruption to its warehouse and followed a successful growth path. This time though the fire appears to have caused significantly less damage to the warehouse (80 sq mt spread over four floors), which shouldn't affect ASOS's growth profile. ASOS's FY14 sales and PBT guidance could be at risk due to the disruption, but we would expect the company to recover any lost profit in FY15. We estimate that ASOS’s FY14 PBT could come c£250k below management's guidance (2 days worth of lost profit) assuming that any compensation payment comes in FY15 rather than in the next two months. We consider this amount reasonably trivial and positive comments from customers on social media suggest to us that ASOS has not suffered any reputational risk."
Shortie
- 23 Jun 2014 11:23
- 5384 of 5941
Did I say I was an expert? At least I post my positions long or short, and I think my track record speaks for itself. You however have always been wrong, have never posted any position which I suspect is because you've never held anything more than a paper imagined one in that little head of yours....