Member Info for Ammu123

Expect broker upgrades, and SP trading in the 700's soon

Interest rates going down...soon UK will follow

Watch SP go then

Ignore the troll!

The idiot got nothing better to do....

I see this idiot Roberto still here

useless f

How's your short going Roberto Carlos ?

“At the beginning of this year we explained that FY24 would be a year of continued transformation for ASOS as we take the necessary actions to deliver a more profitable and cash generative business. Under our Back to Fashion strategy, we set out three priorities for the year – to offer the best and most relevant product, to strengthen our relationship with customers and to reduce our cost to serve. We have delivered on each of these in the first half of the year, including right-sizing our stock ahead of target to drive our best first half cash performance since 2017 and seeing excellent results in our Test & React model, which is growing at pace. ASOS is becoming a faster and more agile business, and we are reiterating our guidance for the full year as we lay the foundations for sustainably profitable growth in FY25 and beyond.”

Lol yeah keep saying that to yourself!

Https://www.bloomberg.com/news/articles/2024-04-17/asos-sees-higher-profit-next-year-as-turnaround-gains-ground

expects profit to rise in its next fiscal year as the online fashion retailer’s turnaround starts to take hold.

The British clothing platform said efforts to cut costs and reduce a stockpile of unsold clothes were helping to get the business back on track as it reiterated its outlook for the current year.

Cutting the amount of stock it received by 30% in the first half was the “medicine we needed to take,” even though it meant fewer new clothes, said Chief Executive Officer José Antonio Ramos Calamonte.

Shares rose nearly 10% in early London trading as investors saw signs of improvement, but they’re still down 15% this year.

Asos is trying to reverse a slump in sales as shoppers slowly return to bricks-and-mortar stores. The retailer is making progress in clearing old stock through heavy discounts, but that’s putting pressure on revenue, which fell 18% to £1.5 billion ($1.9 billion) in the 26 weeks to March 3.

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Asos also announced Dave Murray, former chief financial officer of Matches Fashion, will become CFO, replacing interim finance chief Sean Glithero. Murray left Matches Fashion after the company collapsed earlier this year.

Now Newboy has sold, SP can rise lol

Mikeehr - another idiot who can't move on after selling......Justifying why he sold ffs....

Just move on and focus on shares you hold!

mikehr1991 - the biggest bull****ter i've come across.

have a read through his posting history!

what a balloon!

Dbno, you do know you have absolutely zero impact on SP

This should be trading around 1000p++ now

Simon appears on a down day....LMAO

stop crying LOL
Take chart up your ****

No divi as bond holders won't allow it including myself

reckon 50p ++ close today

This will open 15p on Operation update with outlook poor with regards to Production!!

Not good AB

No interest in ENQ....
All other oilies 4-5% up even HBR..............
Sell dirty oilies and buy clean companies like ITM (LOL)

Usual Abuse from this board!!

Stop with the Fossil Fuel and Go GREEEENNNNNNNNNNNNNNNN