Member Info for JonHarris

Does look like a company prime for takeover, they are in profit, with established brands and marketplace.
Current price and profits are due to wider markets, Asos themselves are doing well in context.
As such, could see an investment fund buy up Asos, and once the market swings up would potentially have a very good profit.
If so, what prices could one see them be acquired for,£1.6b to £2.2b?

Shorts have no ammo left.
Asos stable and delivering profit.
Macros economic factors outside of Asos hands.
Energy package and inflation support coming.

Yeah, final firm statement on financials and compared to a lot of other companies Asos are in a strong position delivering profit.
So taken in a market context this is good.
The shorts have no ammo left, and time is now on the bulls side.

Get ready for a rerate.

I know this gets said often, however I expect the shorts to close, as now the bad news is officially out.
Other than a meteor hitting the planet, in time this will naturally begin to rise now that new UK Gov are working to sort energy and inflation.

Hey dogger69, are you a loser or jealous to hear that some of us know actual people?
I've spoke to great people in fashion, the best, and they have confirmed that Asos are in a great position compared to a lot of companies.
Tough times for everyone at the moment, with alot of production bottlenecks in the industry, however Asos forward purchasing and warehouses have put them in a strong position.

I'm well connected to people that work in fashion purchasing and logistics, as previously stated in posts.
And have very good intel and information on Asos and the broader fashion retail market.
Hence why I'm bullish on Asos, as the current MCAP and noise around the company do not reflect on actuals.

Shorts, autos, and weak hands playing games.
Don't be fooled, this company is getting off the Matt and about to kick ten shades out of the fashion retail market!

When the price is dropped against a positive market upswing, always a good sign that the city boys are trying to manipulate the market to buy up shares cheap to help their mates close short positions.

Looking good for rerate with inflation and energy crisis being resolved.

If a takeover on the cards, then would need to move soon to ensure purchase at favourable price

So basically Asos have been this well despite not having a full stride selling sports wear.
So if they can get sports wear up and running potential to add a lot of value to this company.

And considering they have established market and relationships within the sports fashion industry it should be a fast win

Well, when you want a fat juice fruitful harvest, it's always best to add plenty of manure to the seeds.

And like all harvests, you have to plant and wait.

We've had the market winter, now comes the market spring!

Lol ??

Time to burn the shorts

Either way. The shorts are starting to back out and close.

Brighton, but that might cause more poohy situations....

Too many too count. I did all my fingers and toes and there was still more packages .

Sidenote, someone I work with just order £300 of Asos products for a holiday. So expect the MCAP to be £3b by tomorrow

Just saw a delivery van filled with Asos packages by some student halls.

Hi Simon, okay, I will keep my posts purely to research and market.

Look at the market reports, students are spending and consuming less alcohol.
However key market indicators point to them still having high rates of clothing retail engagement.

UK employment has remained stable.
Also there are 2.66 million uni students that will be buying lots of new clothing for the new academic year.
Autumn and winter clothing purchasing cycle just started.
Xmas only a few months with the vast majority of youths now opting for clothing as presents.
New Tory government due to roll out energy package and other polices to deal with inflation.
Asos are reporting they are profitable.
Web traffic numbers to Asos up, and based on Nordstrom report a potential increase in US market.
New fashion trends of hyper 90's, punk futurism, and gender neutral formal are coming in with 19 to 35 updating their wardrobes.
New Asos CEO firmly in place, and they are improving their reach into the US and EU with strategic partnerships and better logistics.
Profit margin increases with Top Shop brands, and their own fashion lines, which are paid off from acquisition costs.
Youths are moving away from Next and Boohoo, as both are seen as old and naff (word on the street), Asos being ubiquitous helps to keep them relevant.