Member Info for HereKittyKitty

As usual drop on results as profit taking (guilty) & reminds what will happen on BOO results

Lots of profit taking & with cautious outlook in call I think we will see a drop like before as it’s struggling to break 6000 - might present a nice opportunity to buy more on a re trace - 35% up this year I’ll take that like others are it looks - long term everything solid here but profit takers will always be here on results

I’ve had AZ & got 2nd next week - partner had it as have most neighbours - no issues other than a minor fever

He was very cautious about outlook concerned on 20 somethings economic impact not played out yet - after the call this is what caused a drop last time - stellar results but still cautious - will see 09:30 the impact of his caution - GL

ASOS live on BBC now

Great interview with Nick

Looks like the teacup storm is passing - feels just like LAM recovery coming here - GL

I agree it’s expensive but I bought at 4500 start of the year & 35% up - BOZo in same period is down 2% & it’s the percentage profit that matters to your pocket

BOO down 2% in same period

ASOS up 35% this year so performing lovely

* various ** cautious

Growth exceeds expectations as does profits so very good

As always they give various guidance on unknown short term outlook which spooked people last time

I think most of the results are priced in but as they’ve exceeded expectations & outlook isn’t as reserved as it was before it should see a 5-10% rise

But don’t be surprised if there is a sell off again if profit taking - the old buy on the rumours & sell on results

Long term ASOS is a solid business

I’d be surprised if we see the extreme drop we did before just depends how after the conference call / webinar they answer outlook questions

Logically should go up slightly but logic never holds for online retailers results

GL

ASOS is a quality brand growing well without all the dodgy news that follows Boohoo - wouldnt be surprised if their growth is taking some of Boohoo’s brands

They are big in US already

It’s like saying Toyota, Honda, Nissan & Mazda will never take out our British car industry

Results good - looks like they’re taking business off Boohoo

https://www.lse.co.uk/rns/ASC/asos-plc-interim-results-blrk4144yg7po52.html

https://www.londonstockexchange.com/news-article/ASC/asos-plc-interim-results/14928449

They will be a giant very soon

Looks like BBC has taken over from Guardian

Boohoo: Price differences for same clothes 'a genuine mistake'

https://www.bbc.co.uk/news/business-56653060

But coverage is repeated in Sun, Mirror & Daily Mail so it is damage to their brands

http://news.sky.com/story/cbd-market-not-yet-compliant-with-the-law-and-tough-new-rules-will-soon-come-into-force-12258832