UK markets closed

ASOS Plc (ASC.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
Add to watchlist
983.00-61.00 (-5.84%)
At close: 05:02PM BST

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.

Sign in to post a message.
  • E
    EVI
    Running up nicely
  • o
    oscar
    Just bought
  • G
    GEE
    Still massively overvalued imo.
  • T
    Terry
    wow I'm not an investor however $ASC has been on my watchlist for a while now the stock has been decimated 2022 is going to be a loss but 2023 should be back to profitability
  • E
    Elon Musk Jr.
    🚨 Great news from the company today.

    “Asos (ASC.L) has forecast a profit margin of at least 8% over the long-term, as it aims to boost investor confidence in the wake of the abrupt exit of its chief executive.

    It reiterated its £7bn ($9.5bn) sales target over the medium-term, the next three to four years, with a margin on earnings before interest and tax of at least 4%. This reflects a compound annual growth rate of 15% to 20%.”
  • T
    Terry
    ASOS is becoming very tempting now trading at a P/E 19 still growing between 12-25% very year currently. One of the biggest UK Online retailers I know I shop on there as it’s so quick and easy. My only real concern is the margins of less than 10% hat are peoples thoughts? I brought last year and flipped for a 30% profit but want a long term hold if buying back in.
  • T
    Terry
    I think I’ll wait until after earnings to decide if I’ll start a position I personally love the Asos brand and it will continue to do well in the future it probably needs a management shake up tbh. It’ll remain on my watchlist for now!
  • D
    Donny
    P/S ratio of 1 with 25% YoY growth... This massive drop looks like an overreaction. Thoughts?
  • E
    Emory
    1 time issues with supply chains, competition from retail stores reopening and still a strong increase in profit and revenue... Worried about free cash flow but il wait long term to see if that's a long term problem
  • B
    Barren Wuffett
    A reversion to the mean, Except now the company is cheaper than it ever has been on a relative basis. on opportunity to scale in.

    "Price is what you pay, Value is what you get"
  • G
    GEE
    Does anyone know how to value this company?

    I tried a price to free cash flow and it was beyond ugly.
  • T
    Terry
    I may start a position in Asos again for a long term hold I have previously owned in 2019 and sold out for a 30% profit at the time. The fundamentals are good the P/E has come right down the market cap at less than £2 Billion with plenty of growth ahead Asos just needs to sort out it's chain issues and really needs to improve on these profit margins.

    That said I've been seeing a lot more advertising on Youtube especially recently which could help drive up revenue.
  • a
    alex
    Doesn’t look good the resignation 3 days before earning announcement
  • D
    David
    £15.8 million pound loss from £115 million profit last time..The figures are about as bad as feared..The board today state that cost inflation will get even worse in next six months..They are pinning their hopes on America..2022 is a right off for ASOS.A very definite sell.
  • N
    Nick
    Does someone know at what price Nick Sleep bought in?
  • E
    EVI
    What’s driving today’s gain folks? 👍🏻
  • B
    Bojan
    The extra revenue being generated by shoppers migrating online is dropping to the bottom line for ASOS. The firm has also been cutting costs. And City analysts have pencilled in an impressive three-figure percentage hike in earnings for the next trading year to August 2021. And rising earnings could be the thing that puts a rocket under the share price.
  • G
    Guug40
    I bough this at 1800 which was undervalued but 5400 in a matter of months and a PE over 100 is overvalued. This stock should be between 3500-4000 range
  • B
    Brandon
    Loving the fundamentals of ASOS, I will be growing my position significantly over the next month. I am really looking forward to seeing how ASOS grows and develops over the next few years
  • B
    Be wise don't panic guys  🤓
    this stock is so cheap at the moment 40% cheaper than 3 months ago I'm going to start putting money in in £30 per share cheap cheap cheap guys