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ASOS: BUY AT LOW PRICE!!!! (ASC)     

wilco99 - 12 Sep 2003 15:52

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!!


Chart.aspx?Provider=EODIntra&Code=ASC&Si

squidd - 13 Jun 2005 08:48 - 1485 of 5941

Hmm. Seeing this morning's price leap, have to think again.
sd.

jimmy b - 13 Jun 2005 08:55 - 1486 of 5941

Should of bought last week squidd, maybe the drop was just a temporary glitch.

jj50 - 13 Jun 2005 09:19 - 1487 of 5941

Positive comment in the Independent on Saturday listed ASC as one of five AIM stocks to follow.

SEADOG - 13 Jun 2005 10:17 - 1488 of 5941

The sp has been trading in the 55/60 range for a few weeks now and that is boucing back off my line of resistance and perhaps forming a consolidation for a higher move when the results come in. SD

stockdog - 13 Jun 2005 10:23 - 1489 of 5941

Squidd - I always like two pubs in a road. It creates more business for both of them overall, and I'm happy to back ASC's dominance in its chosen market which seems a little different from O/L. But both contribute to the increasing culture of shopping on line which is good.

Still holding ASC and anticipate the current chart formation (is it a flag? somebody technical, please) to break north at the appropriate moment.

sd

EWRobson - 15 Jun 2005 22:21 - 1490 of 5941

sd: suspect it is a flag, but suggest you call it (baby) bunting!

squidd: having given a fundamental view above, suggest you look at the ASC chart for last year. First, ASC have not lost volume, so that the glitch was a profit one due to stock-holding problems. Second, the growth rate should be confirmed at the 2004 level which means, in turn, that the sp graph should pick up where it left off. It seems most unlikely that the stock problems will re-occur, although the market will want to see them installed in their new warehouse. There is, IMO, negligible downside against an upside, initially of 70p to 80p in last autumn's trading range but probably fairly smartly to 1+ by the end of the year. Suggestion to you and others is to take a stake and add as the story unfolds. The cottage industry is no problem, indeed a blessing as it gets people involved in internet buying.

Eric

squidd - 16 Jun 2005 06:34 - 1491 of 5941

E.W.R.: I am extremely grateful for your post. I continue to watch ASC and as said earlier, believe that their website has some indefinable 'chic'. I was also much impressed by a couple of glimpses in recent TV news items showing the frantic activity - a kind of well organised chaos, inside their modelling area.
But my very recent brush with a competitor in a tiny cottage industry, prompted me to search for other cottage industries which collectively might offer real competition, hence my browse through google which turned up almost a million references to online ladies fashion retailers. Of these, Froogle on its own seemed to be a small threat so I posted my earlier query about the competition.
I will continue watching. Meanwhile, I have a holding in PCM which I think could turn into the Asian ASC and believe that Mrs EWR also holds.
Regards, sd.

SEADOG - 16 Jun 2005 08:13 - 1492 of 5941

Eric,
Don't think its a flag, as flags are usually preceeded by an almost vertical movement of the sp on heavy volume and terminate after one to three weeks with a further upward(bullish) movement (or if bearish, downward) , this has gone on longer, and at the moment there is no sign of a continuing upward movement as there should be with a bullish flag. If you are right a flag is a strong continuation pattern. SD

SEADOG - 16 Jun 2005 08:15 - 1493 of 5941

Eric,
They gave up bunting long ago its all nylon now, moving with the times. SD

stockdog - 16 Jun 2005 09:22 - 1494 of 5941

Well, if it's not a flag and bunting doesn't exist any more, it must just be a triangle shaped thingy (tst in the trade)!

sd

SEADOG - 16 Jun 2005 09:55 - 1495 of 5941

stockdog,
If its not a flag and its triangular in shape it must be either a pennant or a wedge, a pennant you fly a wedge you insert( I'll leave you to find the insertion point without too much pain !!!) Thank you for the trade description (tst) SD

stockdog - 16 Jun 2005 14:59 - 1496 of 5941

There you go, eric, can't argue with two dogs can you.

EWRobson - 17 Jun 2005 22:25 - 1497 of 5941

Wouldn't want to argue with a dog! What's better than one dog - two! That's why we have Honey and Tess who is still not house trained. Hope sd and SD are house trained - awful job clearing up the mess.

Prelims announced for 11th July - nice and early; want to tell everyone how clever they are. Also my birthday so it has to be good news. grandson also due that day but suspect he will arrive early - we Robson's always get ahead of ourselves, meet ourselves coming back, just like you dogs chasing your tails, in fact!

Eric

stockdog - 18 Jun 2005 00:19 - 1498 of 5941

I have to admit to not being entirely thread trained.

Planning to go to the ASC presentation of prelims if I can. Thought it might be interesting to see/hear it from the horse's mouth.

Talking about being ahead of yourselves, what you might call Swift Family Robinson! Congratulations in advance for the two imminent birthdays and all good wishes for the great arrival - if there was no religion, we would have to invent one to deal with the miracle of childbirth.

sd

SEADOG - 18 Jun 2005 07:37 - 1499 of 5941

Eric,
Well done on reaching your ????th birthday on the 11th and the arrival of a litte bundle of joy perhaps beforehand, thats what the future's all about.
Getting a little old to chase my tail these days, but query whether seadogs have tails? I've never seen one. Best wishes for the day and try not to have too much of the amber liquid whatever strenght. SD

EWRobson - 18 Jun 2005 19:10 - 1500 of 5941

Thanks, doggy friends. Very interesting to see that sd is a late dog and SD is an early dog. Either that, or each burns the candle at both ends which appears to bring us back to chasing the nether end, if not the tail!

It'll be good to get your first-hand report from the AGM - wonder if they will have plenty of dolly birds to show off their garments, or lack of them!

Eric

Kivver - 24 Jun 2005 10:25 - 1501 of 5941

price of 58p today, do you all agree the sp should be a lot higher in a years time after the new warehouse comes on line. im thinking of going in big time, with your encouragement of course.

SEADOG - 24 Jun 2005 10:52 - 1502 of 5941

Kivver
I bought in July last year at, you guessed it 58p as well as 71p and 84p so I think that this company is very retisent on putting out news, although they will be able to house everything under one roof ?? unless they shout about it nobody is any the wiser. That could change if you get offered a seat on the board with your purchase.

Kivver - 24 Jun 2005 11:01 - 1503 of 5941

i agree seadog, i ask quite a few young people and they say they have not heard of the site, i think with some superb advertising they could really raise the profile. Im lucky i have already made one nice big profit with this share and have feeling this might just be the time to make another one. I just think the problems encountered last xmas wont be there this time round. With growing popularity and the apparent slow down not hitting this kind of market it could just be time to fill your boots. Perhaps shares mag could be encouraged to revisit and give us an update! good luck to those which remain.

SEADOG - 24 Jun 2005 11:04 - 1504 of 5941

Kivver,
I'm holding onto them because in another 13 months they will be outside my estate and that means the Govt will not get another 8k in IHT yippee. SD
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