ASOS have dropped quite significantly in the past week for no particular reason and I view this as the perfect opportunity to invest as I can see them bouncing right back up to the 5.50p mark in the next 2-3 weeks. STRONG BUY!!

52 week set today my 50p aug target hit early today before retreating still looks a good bet on 1 to 2 year view.cheers woodie

anybody any idea what's going on this morning ?, touching 15%now, will come back obviously, but surely something more than normal trading ?

WE LOOKING 60P VERY SOON TODAY

I am going to get a nose bleed if this doesnt stop soon!!!! No complaints though I'll cope
PS I think 60p looks low ....in the medium term say 6 -12months i think the potential is much higher

SOUND VERY GOOD AND PROMISING,SHOULD GO 60P BY TONIGHT

dont get to carried away 60p tonight i dont think so. still cant find reason for 2 day rise.

getting re-rated imo.

An American internet retailer with the growth and future profits potential of ASOS would trade at well above this rating.

capa

seymour pierce clients may be loading up ahead of a new note being published on ASOS website with upgraded numbers. Some of the institutions who were slavering with desire at the analysts presentation a couple of weeks ago may have instructed MMs to get a large line of stock in. What is clear is that this is a re-rating reflecting the very tangible prospects of this company.

baheid , any idea when this is going to happen? i agree with jj50 , its very tempting to lock in such good profits, but if there is more good to come , then......

I think you would be mad to sell now. This is now on the radar of institutional investors which will push the share even higher imo.

capa

Reports today suggest the company has been doing the rounds (Institutional Roadshow prior to the upcoming AGM)...and as previous posters have said they are keen on the stock and it is in short supply, or at least in their terms! Mark Watson-Mitchell of WatsHot fame suggests a 67p target in the short term and is very bullish on the stock.

Re my comment of 2 July re "big boost " in sales , its interesting that they are saying there has been an increase in sales revenue and they are reviewing their forecasts.( kind do of a double gain if the ladies keep buying Bikini's and the like , if you see what I mean)

according to sharecrazy's broker roundup, seymour pierce have reiterated their Buy stance on ASOS. Lets hope the research note gets posted ASAP on the ASOS website so we can get a look at the updated forecasts.

I hope you didn't lock in your profit Bosley, showing no sign of weakening in the immediate future.

capa

looked at co website today no broker notes appear all have been taken of.the next news should be agm.

ha ha . took some good advice and decided to stick with it ... thank goodness, its my only share thats showing profit. got any other asos type tips ?

IMHO there is no point in taking profits now as it is virtually impossible to call a "top", just as it is impossible to call a "trough". Infact I topped up yesterday. Could be that the institutions are getting involved now.

rgrds
gk

just seen afx news from early in day s pierce has set a 100p price target.looks like more upside to come.cheers woodie

Can't find this Seymour Pierce note, can you put the item on here Woodie

sorry cant put piece on board,it was on afx roundup after 3pm yesterday it just said s pierce raised target to 100p did not give time period in article.this is the problem private shareholders have no access to notes from brokers.shares might have more info.cheers woodie.