Member Info for HereKittyKitty

ASOS will be hosting a conference call for analysts and investors at 9.30am (UK time) on 12th April 2022.
To access live please dial +44 330 088 5830 / +44 131 460 1196 , and use meeting ID: 895 3501 6492 passcode: 631305

So they will state a cautious outlook on rising prices, shipping costs & risks of reduced spending by 20 somethings due to higher costs of living etc. ..... BUT its going to be a HUGE holiday & Christmas season

Whatever happens there tomorrow will be mirrored here

Thoughts on how much is priced in vs further downside or dare I say upside?

Proactive report on anyone who pays to use them & their interviews are not exactly great as clearly very soft vs hard questions. Net is this company has a great USP but have executed poorly on launch, marketing, pricing, social media outreach, product placement & management leadership.

Loaned out for shorters

Ha ha I got that wrong - just shows we all guess

I call Red today primarily as US down big and this tends to track tech trends coupled with ASOS results next week no doubt giving cautious outlook on spending & shipping costs etc Still holding but I’ll buy any low 80s but I expect a wobbly week next week

Profit takers

Agree

It should pull out some winners & eliminate others

One to keep an eye on

https://www.bbc.co.uk/news/science-environment-60913226

Shorts must be closing

Sill 3rd most shorted stock at present

Either way both are a good long term buy at theses rates

23% downtrend in last 3 months across sector
https://www.lse.co.uk/share-prices/sectors/retailers/

Oil, Inflation, Shipping Container Costs, Post Covid Economy, War

Yep could be either way (I hold both btw) but ASOS tend to be more conservative on outlook & will openly mention impacts of shipping costs, spending downturn due to inflation etc. If they position as upbeat exceeding forecasts for holiday spending, covid concerns waining etc then market will see as positive but currently globally within retail supply chains the cost of oil & containers is hitting profits & thus forecasts of caution.

Just be careful around/on 12th April as ASOS interim results will post cautious outlook again & drag sector down - 11 trading days to go & historically any caution from ASOS has impacted BOO but should present a great buying opportunity if it does

And that has what relevance to the company brand?

Also ask do you know what CBG is

I bet you get no correct replies

It is a very poor brand name

Go and ask 5 random friends or family members what they think “Cellular goods” sell

I’ll bet you’ll get

Mobile phones
Phone accessories
Phone repair
Radio receivers

You should go hide under a table

Qube just upped https://shorttracker.co.uk/company/JE00BG6L7297/ as MW came down