Member Info for clairesmith

RNS: Mathew Dunn: Chief Operating Officer has bought 4,167 shares at £23.87 = £99466.29
good show of confidence in the company and that we had reached the bottom

the company are in profit and still making money, nothing truly bad has happened, just a speed bump, the market knows this and that's why the smart money are buying up to hold.
People are not going to stop buying clothes, this is not war time rationing era, Asos are now a massive established brand, and we have enter winter season / festive season which is always great for clothing sales.

Being one of the biggest fashion online retailers in the UK, they will be fine, it's just a cool off and reset period currently:

4th by revenue:
https://ecommercedb.com/en/ranking/gb/fashion

https://www.statista.com/statistics/889007/leading-fashion-websites-by-sov-united-kingdom-uk/

850 could be potential based on the close. Still a lot of earlier investors with lots of profits, still need a lot investor churn at the higher level to build a longer term stable platform

Scrapping the barrel now, getting to the end of the sell and consolidation ready for the climb back up.

fixed spelling etc..:
Hi Danf, just look at the share price history, and the narrative of the current decline.

The company booked more revenue and profit, and we are now moving into a time where due to both the natural rise in online shop and the pandemic, Asos are now a very recognised/stable/dominate part of the UK clothes shopping experience.

Consider next Spring to Autumn, potentially being the biggest holiday / travel period for the past couple of years, and this naturally will facilitate an increased in clothing sales.

The current drop is 2 fold:
Firstly: bottleneck of supply caused by a general market condition which is affecting everyone, however this is more a compounded affect by the media and general public panic buying. As such, in real terms this is a blip and speed bump.
Secondly the stepping down of the CEO. This will be resolved within 3 months, the board would have know about this for a while and potentially over the year being scouting for talent. Also even with the CEO being replaced, that does not stop the company which is still operating and making profit.

Taking all of these factors into consideration and looking forward, the reasonable price based on market value and product sector could be a lot higher.

hi Danf, just look at the share price history, and the narrative of the current decline.

The company booked more revenue and profit, and we are now moving into a time where due to both the nature rise in online shop and the pandemic that they are a recognised/stable/dominate part of the UK clothes shopping experience.

Consider next Spring to Autumn potentially being their biggest holiday / travel period for the past couple of years, and combined increase naturally is combined with an increased in clothing sales.

The current drop is 2 fold:
Bottleneck of supply caused is in a general market condition which is affecting everyone, however this is more a compounded affect by the media and rampage nature of the general public panic buying. As such, in real terms this is a blip and speed bump.
And secondly the stepping down of their CEO. This will be resolved within 3 months, the board would have know about this for a while and potentially over the year being scouting for talent. Also even with the CEO being replaced, that does not stop the company which is still operating and making profit.

Taking all of these factors into consideration and looking forward, the reasonable price based on market value and product sector could be a lot higher.

could see a dip next week to the 850 regions with profit takers jumping on the cool down

glad everyone has made profit and doing well, however seems like this is a tad overbought at the moment...

the price will rise, be glad we have these moments to buy more cheap shares, this has mid 30's by xmas written all over it

ive just started sell other shares ready to buy up more here, even if it only goes to 29 by Nov that is still a healthy profit i am happy to bank

If it goes to 23 again it will be a feeding frenzy, and worth grabbing a few just in case

If it goes to 23 again it will be a feeding frenzy, and worth grabbing a few just in case

T. Rowe Price International Ltd has just taken the holdings from 12% to 13%, now worth about £315 million, seems like the big money knows this a great time to be buying up the company

this could turn into a mad rush to buy the shares while still cheap, who wants to not hold cheap shares for once this bounces back, looks like a return to previous levels, and bounce back to more sensible pricing

i wonder how much of the selling has been shares from March to April 2020?
if a good proportion then remove potential other big drops in the future and building a platform for this to rise up.
however would be nice to have a sharp rise and lots of selling again and stabilise at 3000 levels, for a nice ramp into next year back up.

potential for back to the mid 3000 by Xmas, this is way over sold.
company in a better position than ever, this was just an insane tree shake to buy up cheap shares IMO

DYOR GLA

look at the last 3 days of trading, vastly more buys than sales

today really was watching blood being squished out of a stone to get the last of the cheap shares, and profit off of a drop which will have minimal affect on the company even short-mid term.
oh well, hope everyone filled up their boots while they could, get ready for a level up to raise the average share price floor.

looking forward to when some of the bigger holders decide its plateaued enough and just start buying chunks of this company up at knocked down rates.