Member Info for RobertoLarcos

James seriously... how old are you? The price is lower than it was after the trading update

The market has spoken, wake up

2 days following the so much anticipated H1 update, share price is down & shorts are up

Wishful thinking Celtic

I'm seriously considering it

Bot or not unfortunately you're all gonna lose money on this one. Capitulate before its too late (another equity raise that will wipe out existing equity).

I wish you all make money on this but I'm afraid it doesn't look like it unfortunately.

The 'turnaround' plan can go sideways in so many ways - geopolitical, SHEIN & other competition, supply chain disruption, continuing drop in sales, brand erosion/appeal following cost cuts, slow/failed US expansion etc. etc. etc. and ASOS can easily find itself unable to refinance in less than 2 years time. That's when the vultures come in (e.g. MA) and take over the company for peanuts. The company now has an EV of £800m trading at all time low - I just don't see the upside for that level of uncertainty.

GLA

Following largely 'positive' H1 results, it clearly hasn't moved the dial. The market does not have confidence in Calaramonte nor the turnaround plan. Not to mention SHEIN.

Shore capital have been spot on about ASOS in the past 2 years

Share price close to all time low, shorts close to all time high - The market has spoken - ASOS is dead

https://www.marketbeat.com/instant-alerts/lon-asc-reiterated-rating-2024-04-17/

Well you should.

It's dead, get over it, move on.

You are always pleased :) bad news, good news, share tumbling - you are always happy.

As they say - Hope dies last. But Asos is already dead, it has been for the past 2 years.

Lol. I repeat - the market has spoken. Asos is dead.

It's like trying to catch a falling knife

The market has spoken..... time to capitulate

I agree.

Richard Edwards from Goldman Sachs retains his negative opinion on the stock with a Sell rating. The target price is reduced from GBX 350 to GBX 320.

https://www.marketscreener.com/quote/stock/ASOS-PLC-4003595/news/ASOS-Goldman-Sachs-gives-a-Sell-rating-46299736/

@James - What about the little company called Shein?

@blabla - I hear you, let's say that you do get to 3% FCF. However, a PE ratio of 15-17 sound a bit optimistic to me, especially for a company which now experiences negative growth and a market where competition is intensifying. But let's see!

@Knowbody - What's wrong with my numbers? Please correct me.

@James - How much do you expect the company to grow? What level of profitability and when? And how do you value that as being over c.£740m enterprise value? (valuation based on today's share price)

I'm just curious to see the fundamentals behind all these bullish views.