Member Info for hey_arnold

Likewise.

Where do you see that gggg21, I see that Gladstone and Marshall increased at the end of July.

Any ideas why this has just been sold down intraday 2% from the highs?

Its down by less than BooHoo which is interesting. Obviously a few buyers out there given its recovery from -4.5%.

You mean, getting ready to bail out of Asos?

Wish I had a bit more £ to buy some more shares.

How disappointing! I assume we will open down again today based on Asia.

Read this in the FT from Friday, (hopefully good indicator for ASOS).

Eurozone retail sales climbed the most since late 2017 in June, illustrating how the bloc’s consumers remain in robust shape despite trouble in its industrial sector.

Volume in retail trade jumped 1.1 per cent in June from May, according to Eurostat, the eurozone statistics agency. The rise far outpaced the 0.2 per cent forecast by economists in a Reuters poll and followed a 0.6 per cent pullback the previous month.

Gains were wide-ranging in June, with food, drink and tobacco, non-food items and automotive fuels all posting gains of greater than 1 per cent.

Overall retail sales were up 2.6 per cent in June from the same month in 2018.

The vigorous increase underscores how a tightening labour market — the jobless rate is sitting at its lowest level since 2008 — has been a boon to the region’s consumers. It contrasts persistent gloom in the manufacturing industry in which companies have been punished by the global trade skirmish and slow economic growth.

Its a weird dynamic at the mo.. Trump is trying to force the Fed to lower rates, possibly by increasing tensions in the trade war. So on the face of it, a worsening trade war is bearish for equities and the global economy but a further drop in US rates will be bullish equities......

Depending on your time horizons its a good buying opportunity.

DarrrenRobinson you should have a word with your "very good information" source, your reputation is in tatters....

For anyone interested in Zalando results:
https://www.essentialretail.com/news/zalandos-q2-trading-results/

Zalando was up 12.5% today, I think this has pulled up ASOS.

At least you get an improving divi as the £ goes down the toilet.

Anyone up 20% yet? I got in too early but up about 14%. Think i'm going to take a medium term view on this looking for 4000p

Berenberg downgrades from Buy to Hold and new price target of 2500p from 4000p

Isn't that an uncrossing trade? Or am I looking at the wrong one?

Amazon bought Zappos in 2009.

I think the UBS note was ages ago. I couldn't find any recent news of a takeover.

Citi and HSBC cut their price targets yesterday but they are still 4200p and 2430p respectively. Assume Citi is overweight and HSBC Neutral?

oh and this one

02. Apr 19 Buy Alastair Cochran Individual 02. Apr 19 02. Apr 19 23,242 £4.94 £114,723

Apart from this one, I think its just noise.

26. Mar 19 Buy Ayman Asfari Individual 26. Mar 19 26. Mar 19 105,750 £4.70 £496,539