Member Info for sj74

Exactly considering TS/TM accounts for just 5% of the ASOS revenue..

Good results but expected, so was never going to expect any dramatic interest or rise off that.

I wondered why we rose 12% from nothing on Friday then saw that late trade. 15k buy increases the value of the company by £1million. Nice to know it goes the other way and not just drop on nothing lol. Also we only have about 20% ISH of the issued shares on LSE, any substantial buys and it will rise.

There are currently 12 companies in the 250 that have a lower MCAP than ASOS.. If we can stay above a £500million market cap we should have a good chance of re entering the 250. The next reshuffle isn't for another 3 months but with the profitability and debt outlook improving here then no reason why we can't :)

I know it's early days, nice to be optimistic though.

Https://shorttracker.co.uk/company/GB0030927254/

4 of them closed or reduced yesterday on that news.. certainly aided the volumes yesterday!

They increased that short on the 15th August... Very badly timed.. closed at a loss :)

Https://www.asosplc.com/investor-relations/analyst-consensus-estimates/

· In FY25 we expect to deliver revenue growth and return EBITDA margin to around pre-Covid levels (c.6%). In the medium-term we have confidence in our ability to return to double-digit growth; steadily improve gross margin back towards c.50%; maintain EBITDA sustainably ahead of capex, interest, tax, and leases; reduce capex to 3-4% of sales; and deliver inventory of c.100 days.

Decent day again so far, and why not with EBITDA at top range of guidance and a more profitable company. :)

Yeah interesting times.. aslong as we can form a new base above £4.. don't see why not either with that news.. debt likely to have nearly halved and EBITDA top end..

£10 for me.. I'll get it.

It's a very positive day for us here, after treading sideways for 16 months we finally have something significant and quite a large uplift. I'm enjoying it :)

Net debt reducing by around £150 million would be brilliant :)

Well it now has a reason for a partial recovery. The rest relies on improving profit going forwards with each update :)

They refer to the consensus estimates-all on the ASOS website..

https://www.asosplc.com/investor-relations/analyst-consensus-estimates/

And Will Barkers. They aren't soft are they. Follow the big money rings true.

I think top end was around £75 million, bottom end £20 million so a very decent result really..

I imagine there will be a few shorts closing off the back of today.. we are looking good.. they mention this JV will accelerate the return of ASOS to sustainable profitable growth. They seem upbeat and confident with the direction ASOS is going. SP will respond accordingly as we keep progressing and turnaround remains intact.

The shuffle was only a few days or so ago so will have to wait 3 months.. fingers crossed :)

I'm not sure, is it every quarter. We may have to wait until later in the year. No reason why this can't stay above £4 though.. especially with this significant news this time.

Interestingly in the analyst call, they mentioned USA as improving and performing well.. that's a bonus as some were expecting a continued worsening. However that is offset by Germany mainly. Give and take.

Exciting times. Roll on results.