Member Info for sj74

Not yet.. too early to call that, but I'll come back to you on that one ;)what's your 'prediction' for the next 2 years? I presume bankrupt/administration if the turnaround has failed right?

You know where this is going.... Hahaha ok Roberto 👍.. I've bought for the turnaround so no I don't know where this is going. The turnaround could fail. If it fails I won't lose sleep over it. :)

No one knows where this is going. Analysts have no clue and retail, shorter etc have no clue. Anything can change at any given moment. This could go bust next year or it could be flying again and then consensus will flip on it's head. Take your pick. We will probably all be wrong with where this will be.

I'm not right otherwise I wouldn't be buying until now or further down 😂..

Infact not not one analyst predicted what would happen to ASOS when it was at its peak SP. They all predicted huge gains and more to come with continuous growth. Now they are doing the opposite. All we can do is go off our own belief and buy or not at a low enough price we think we can do well from.

Yep. As shown at the peak of its SP in 2021, sell side analyst's were about 6 months behind the curve still saying buy and predicting huge profits in future years. Same most likely happen again at the bottom, wherever that may be.

You can kind of see what they are doing.. fresh, new and relevant 'premium brands' constantly keeping on top of current trends and then test and react with it's own brand, and constantly updating the stock but never having too much of it.. like I say sounds good on paper just whether it resonates and translates into results.

Agreed.. on paper it looks like they are doing the right things. Just got to see it translate into results now.

Samb I don't understand how it can be an index rebalance that has done this.. we have seen no large selling and it seems very ASOS specific a large portion of this drop. People making sense of this drop relative to its peers but nothing as yet to explain it..

Thanks Fed, good points. A pleasing thing to see in Q4 was the gross margin increasing to 46% due to the new stock model. So hopefully that has carried on in H1 25 and gradually improving. So we should get closer and closer to that 50% target.

They mention an expectation of current revenue trends.. not sure what these current trends were coming out of Q4? Hopefully under -10% that way we have a chance of hitting guidance.. could even be better?

Yeah, I think it largely depends on if they hit guidance this year and the new stock starts performing strongly.. more of the same huge revenue declines and I agree he will have to go. Personally, I think the mess to begin with was huge and it was clearly not a quick fix.. he admitted himself the pain years were 23 and 24 so results now need to start improving..

If they did bring back a physical store I presume it'd just be a flagship in London.. still be good to see. No smoke without fire.

It would be good if Topshop did come back to the high street.. whether it does well after the initial buzz.. another avenue for ASOS returns perhaps.

Yep, retest of recent low perhaps. What was that 223?

It was very tongue in cheek of course 😂

It's a nice fantasy to have lol :)

First blue day since 30th Jan is it.. pheww 🤣.

Hopefully we will now get about 6 weeks worth of blue days in a row now 💪🥳

Jeez, Al4x and Roberto have gone bullish. Who'd have thought.. not many bears down at these levels it seems...

ASOS.. your turn to update the market 😬

The bear hunter strikes again 😉

I thought you were bullish now 🤔