Member Info for Ubik_Fresh

Agree. BOO is a total **** show right now.

Peel Hunt seem pretty bullish on this, touting a 20% upside.

The temptation to average down is strong, but I'm going to wait on the sidelines for a bit and see how the Ukraine thing plays out. If things keep edging closer to conflict, or it escalates to invasion, we could see lower prices.

I think most of this is Russian/Ukraine related, nothing to do with shorter or some evil conspiracy against ASOS shares. Sure, once that crisis is resolved markets will bounce back quite strongly.

I could be totally wrong, but short term, not a lot is my guess. Come summer, different story.

Next few days probably a really good time to hoover up some cheap shares for the long run. Will be keep a close eye on this and other shares.

Welcome. ASOS is actually my first punt as a retail investor. And yes, pretty civilised board. Not too many rampers / de-rampers. Folks here have been fairly balanced and informative!

Interesting... BOO cut to 85p target... brutal.

Barclays said that despite "superficially similar" business models, it prefer Asos to Boohoo on a 12-month horizon given relatively fewer operational headwinds, "albeit with limited confidence". It reiterated its 'equalweight' rating on Asos.

Things are looking up somewhat today. The market is clearly in a better mood.

Barclays just re-rated to £24 target, so that's now two brokers who have revised their target figures downwards, which causes me a bit of concern. Obviously, broker ratings are not gospel, but they can impact the SP.

Deutsche Bank just re-iterated their buy rating with a target of £38.50. Read what you will into that.

I think we are in for a good few months of sideways moving markets in general. Has to bounce back up at some point, just hard to say when. FTSE move doesn't necessarily mean it will suddenly leap if sentiment is still as bad as this.

Some days I REALLY don't get the markets. Largely good / expected news this aft re: BOE and energy price support. Yet, things still dropping.

Good buying opportunity for many! Hopefully things back up later today. Fugazi1, perhaps you are right and those lows may get re-tested!

Topped up @£20.91. Seems good.

Probably profit taking from the 98p dip.

Glad we can all keep it civil on here! All views welcome.

I think we might see the mid £20s again, but I'd be surprised if we see £16 again. No one has a crystal ball. Seems to generally find support around £21.

Bit of house cleaning at this point kinda makes sense, and people do organically move on after a period of time. You are right that we need the new CEO in place soon. If it could coincide with the FTSE listing that would be a nice boost.

I'm back in profit, just marginally! :) Bodes well though.

Yeah, if it creeps near to £3.00 I will likely top up.

Join us for another exiting episode of 'why is the market grumpy today'....