ASOS Share Price (ASC)

Https://www.ajbell.co.uk/articles/investmentarticles/275032/asos-looks-better-times-ahead

A very well written & balanced article for a change. Lots of challenges but equally plenty of potential light at the end of the tunnel :)

LMR up and down like a yo-yo

Very dangerous shorting this now. With ‘non stop interest’ in TopShop I honestly feel we could wake up any morning to big big news.

Thanks for heads up Ron.

Before we make a bottom.

The business needs cash

Latest statement said that adjusted EBITDA will be considerably better in 2025 than now. Significantly, nothing was said about profit. Last 6 months was EBITDA was negative 16m but the actual loss was 120m. On that basis, I'm assuming that the actual figures for 2025 will involve yet another substantial loss. Furthermore, the cashflow remains negative at a time when old stock is being cleared. Will it ever be actually positive? I've lost a lot on this stock and still hold but wonder whether there are actually good reasons why the CEO has never put his hand in his pocket to buy shares here. I increasingly think that any upside dep[ends on a bid coming before potential dilution to deal with the bond refi down the line. Maybe I'm being too gloomy but looking at the hard facts, I can't see the where the real profit is coming from. EBITDA is pretty meaningless for a company with this level of debt.