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!!
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....
cynic
- 23 Jun 2014 11:38
- 5385 of 5941
shortie - you're spot-on about MrToad's positions (if any) for it is never clear (surprise surprise) what he has done or at what price or anything else .... all in all, just a load of huff and puff and smoke
i'm amazed that you haven't followed my lead and also stuck MrToad under a stone
Shortie
- 23 Jun 2014 16:22
- 5386 of 5941
He was for a while and when I've had enough of his rampings no doubt will be again... Right now though he amuses me, I told him on post 5381 his posts are boring and he came back wondering why he should be bored!! lol...
tomasz
- 23 Jun 2014 18:01
- 5387 of 5941
..watching from the distance I got second reflection about having a constant laugh from these permanent flaws in judgments...
I guess there is nothing generous in humiliation of cheeky idiocy... its like humiliating disabled... not generous.. its not their fault...
I just really got to let them have these unharmful splashes...
need work on myself a bit...
tomasz
- 23 Jun 2014 18:05
- 5388 of 5941
anyway interesting for me price action today after all , didnt go to an area I think will go, so sitting and watching.
and not humiliating idiots..
I try promise..
Shortie
- 24 Jun 2014 09:21
- 5389 of 5941
The only person you've ever humiliated is yourself, by being wrong and unable to accept it.. Glad your only watching as you really do suck when it comes to this game.
tomasz
- 24 Jun 2014 13:53
- 5390 of 5941
some must be on triple digits then..?!lol
tomasz
- 24 Jun 2014 13:53
- 5391 of 5941
...
Shortie
- 25 Jun 2014 12:00
- 5392 of 5941
And some will always spout crap and be on paper!!.
tomasz
- 25 Jun 2014 13:03
- 5393 of 5941
lol
your ability to make me a laugh is amazing , just wonder how you manage so-called-trading and make me a laugh like that in the same time?
tomasz
- 25 Jun 2014 13:05
- 5394 of 5941
are those two laughable to the same degree ? lol
please share..
Shortie
- 25 Jun 2014 14:02
- 5395 of 5941
Pointing out how useless you are takes seconds and I rather enjoy it... I'm sure you'll laugh at that also.
tomasz
- 25 Jun 2014 14:42
- 5396 of 5941
love it! y'gotta produce yourself , sucked in into anti-laugh slavery.. mega lol
Shortie
- 25 Jun 2014 15:05
- 5397 of 5941
I'm sure the idiots guide to investing 'featuring Tomasz, would sell well where you come from.... Now if I could also get a copy of your school report it'd make reading even better!
robinhood
- 25 Jun 2014 15:28
- 5398 of 5941
shortie you reckon he's got a school report? (more chance of getting a copy of his mental health certificate)
Shortie
- 25 Jun 2014 15:33
- 5399 of 5941
Who knows, I'm just fed up of this idiot with no followers trolling everyone for having a different view. He's absusive and offensive, so I'm happily trolling him right back. The fella seams to get his jollies out of abusing others so why not...
tomasz
- 25 Jun 2014 16:04
- 5400 of 5941
Lol, pretty generous self asessment..
More brown noses piles in..lol