Member Info for JonHarris

T Rowe are down £40m in this share today, ouch

But and hold all day on a share like this.
The big funds will be happy with this drop, if their take a massive holding await a year it will be a massive pay day.

It's so laughable how insane the drop in this is.
Under a billion for now one if the biggest fashion retailers in the world lol

Utterly ridiculous = burn the shorts

Could be a good acquisition for QIA, only need a billion to buy the company at the moment. Then they can add to their Harrods portfolio and have massive dominant position of fashion retail in the UK and expanding growth in the US.

Massive takeover potential, the shorts will be tempted to close with their massive profits as it stands, Asos now have a CEO, and they have weather some bad stroma and will be better repaired.

Overall looking like a flipping bargain at the moment

Company Name Asos PLC 2022-06-13
EPS £1.25 0.02
PEG 0.88 0
Debt Ratio 0.2820 0.7526
Asset Equity Ratio 2.7582 0.3884

£1.2b takeover bid would look attractive now

Even with the decline in margin, the fair value bases on the numbers Asos are expected still puts the current value of the company at 1.2b or 1200 per share, which is 50% upside from here.

The drop is ridiculous

As usual, the price drop is utterly ridiculous.

The big boys will be filling their pockets with shares and laughing as they screw over PI's

Could see the shorts get stuck not even being able to buy stock to close their positions when they need to buy 6m shares.
This could be an interesting day of watching them lose their minds trying to capitalise on this oversell.

I suspect we will see the usual trick of the price jumping back up fast to F over all the auto sells and weak hands.

18% lower than COVID market crash price.
What a complete joke.

The drop is way overdone. Look at the share trade data, more big buys than sells, and the sells are drying up.

Utterly ridiculous

The price is below the COVID drop in March 2020, and the company themselves are in a far better position with a consolidated market and stronger position.

To say Asos is "only worth" a billion is ridiculous, a big US fund could buy them and forget about it for a year and sell off for 2billion easily.

81% down YoY and now worth under a billion.
The sell off is a bit over done.

Brutal market today.
On the plus side this share has already been so beaten that there is nothing left to kick out of it.

If the bar is package and difficult to get service that means lots of pints are being sold.
TUI are in a great place, considering the rise in retirees borrowing against their properties to fund holidays the next couple of years are going to be massive revenue times

Looking through the sales data appears that someone is loading up and this seems to have hit the floor.

As far as I'm concerned, TUI have clearly stated they are incredibly busy with customers which equals = massive revenue surge

There will be alot of funds looking to average down. A rising tide lifts all ships.

What's the next price point then, 1280?