Professional
Added to YB: 2024-12-12
Pitch date: 2024-11-28
ASC.L [bullish]
ASOS Plc
-32.87%
current return
Author Info
No bio for this author
Company Info
ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the European Union, the United States, and internationally.
Market Cap
GBP 338.3M
Pitch Price
GBP 3.78
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.65
P/E
-1.15
EV/Sales
0.31
Sector
Specialty Retail
Category
special_situation
Hosking Partners Portfolio Holding: ASOS Plc
ASC.L: Online fashion retailer ASOS proposing Value Creation Plan (VCP) to align management with growth goals. VCP rewards 5.5% of value growth above £6.70/share, vesting over 5 years. Despite ISS concerns on uncapped rewards, 90% shareholders approve. Hosking Partners supports, citing robust design and alignment with long-term interests.
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