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!!

I agree. I wouldnt say that market is huge but it will be the way forward.
I am a very big fan of ASOS and it must be one of the best shares to buy now.
Any other posters who can suggest a better one having done some research ?

I also am a fan of ASOS, been in thro the ups and downs since 10p. Just to make life more exciting, I hold a considerable amount of SEO, even more ups and downs, but still haging on in there!!!! Eric might not agree that it is a wise thing to do - lol
Dave

COH long term prospects are excellent, virgin territory, proven CEO, cheap at the moment, potential long term buy out..... DYOR.

nyleve/AdieH
I can top even that - I hold ASC, SEO, COH and ARX (check out that last one if want a seriously skeletally challenging ride!) - not tryin to brag, just scary how we all congregate around a chosen few! Mustn't forget DGT either as one of my big holds.

good luck all

sd

nyleve: SEO are, in my view, an excewllent medium to long term hold. I have been trying to bring balance to the SEO thread by emphasising that it is not currently a buy on fundamentals; it is certainly a hold, though. In contrast, ASC is an excellent buy on fundamentals and, with the problems early this year in the past and lessons learnt, there is little to hold it back. TV is just one of a number of options, including other geographic markets and widening product range. But they have a long way to go with their core product. If they were a High Street chain they would be concentrating on opening more branches: they don't need to do that but go on doing what they do well to a an ever broadening audience.

Eric

Its not a buy on fundamentals and the chart is possibly showing a double top.

No barriers to entry , consumer spending tightening , veiled warning in AGM statement (that some on here suggested would set these alight).

Say it as I see it EW but if you and your mates want to get personal ... go for it.

Eric,

Do you subscribe to lemming investor?

Chartwise we are in a tussle between the dominant long-term Nov-Sep downtrend line and the more aggressive shorter-term May-Oct uptrend line.

The recent failure to break the downtrend line shows these have yet to become a clear momentum buy. Conversely, I shall be selling if the uptrend line is broken - but with the intention of buying in lower when we have hit bottom and are rising again, since I believe in the fundamentals on the macro economic level and the corporate level. (BTW - we already did break the slightly steeper, earlier May-July uptrend at about 70p, but we'll let that one go shall we?)

A bit of Eric, bit of Dil,
A bit of luck (or what you will)
Make these a well-controll hold.
To buy some more would be too bold
For me just now. But what do I know?
I think I'll go and walk the rhino.

Apologies for the DOGgerel!

sd

Not much of a chartist, but heres my take on the charts.

When we first identified ASOS on 16 Jan 2004 as a potential high flyer, the shares were at 7.75p, just beginning to lift off. They reached a high of 91.5p on 11 Nov the same year, thus ranking as an "11-bagger". Typically the stockmarket had over-reacted and there followed a six-month profit -taking sell off down to 43p - also an over-reaction - before the next six month recovery.

Looking at the whole trend, the share price has been in oversold territory, since early March when the price line crossed the centre trend line. It looks fairly stable in its upward trend, which probably has further to go after the usual profit takers have made their exit on the results. It may be more instructive to look at this recovery leg on its own.




This second chart suggests that as long as the current recovery is not disturbed by world or national events, or no unexpected major news hits the company, the share trades within a typical 35-40% range 64 - 88p, and looks set to continue in the same trend rising an average 75%/pa. Eventually investors will make assumptions about a possibly poorer trading period after Christmas and the share price becomes even more of a short term gamble than before. TA becomes more useful over the medium term. Long term it is affected by unpredictable events in the realms of the insurance industry, fires, deaths, floods etc and political and short term it is vulnerable to the increased volatility introduced into the market by an increasing number of traders going short.

Stockdog

As well as ASOS and SEO, I also have AEX, but small amount compared to the other 2. Looks like we think along the same lines - lol however, I am not such a good poet. I agree Eric with what you say, if I had'nt read about ASOS a couple of years ago, I would not know they existed. (mind you - I'm about 50 years beyond their clothes styles !!!!)

Dave

nyleve,

Funny you should mention Aminex PLC. I am finalising a report on them today. I hope to have it ready by this evening. Had I pulled my finger out, we would not have missed out on 11% this past week.

It is a longer term oil & play, but one that I feel will reward long term patient PI`s.

Llcom

Hope its a good report - feel I should increase my holdings in this one - let me know what you think later please.

Dave

nyleve......

Well done on your Asos purchase at 10p, and I'm sure you will soon be glad you never sold them!!!

I've been studying several shares this morning too, as I was awoken early by a mad relative who thought it was Monday and couldn't understand why the market wasn't trading!!! lol

nyleve,

I have been following AEX for a number of weeks. My report will be inaugural. I am in the business of identifying companies with high growth potential. It therefore stands to reason my report will be a bullish one. Make no mistake, it is a risky oil & gas play - but one that I believe will reward patient investors.

Sorry for going off topic people.

adeyberry

Yes adeyberry, I am glad I never sold my ASOS shares like someone said I should have done! Sorry you were awakened so early this morning, shows that relative is keen. He is only mad because he got you into share trading, now your driving everyone mad!!!!

Dave

PS - what are you longing today - so I can short them - lol

nyleve......

LOL......I'd have trouble trading anything today surely?!?!?

Very nice rise so far today. Any particular reason?

I am as baffled as you q1, been in since 10p - my first shares so a bit sentimental - lol. glad I hung on, everything should be up and running now, ready for Christmas.
Shame the High Street is suffering and people are turning to the net !!!!!

Dave

queen 1/nyleve .. Can't find the exact news but am sure I read Interims at the end of November ..... hopefully, some good news may have leaked out ... we wish!
Shall research further.

Found it!

(Leading online fashion retailer)

Interim Results Announcement
Tuesday 29 November 2005


ASOS plc will be announcing interim results for the six months ended 30
September 2005 on Tuesday, 29 November 2005. On the day a presentation will be
held at 11.45am for 12.00pm at Regus, No 1 Poultry, London, EC2R 8JR.

For further information call:

Brian Coleman-Smith / Nia Thomas 020 7053 6400
Beattie Financial

Note to Editors:-

ASOS plc is an Internet Retail and Marketing Services Group, established in June
2000 and admitted to AIM in October 2001.

Its principal business is ASOS.com, a leading online fashion and beauty
retailer. A top five company in the UK Apparel and Accessories category (Source:
Hitwise), ASOS.com has over 675,000 registered users at 11 October 2005,
compared to 600,000 at 4 July 2005. It offers around 1,500 lines across
womenswear, lingerie, menswear, jewellery, accessories, footwear, beauty and
gifting. Its primary customers are Internet savvy 18-34 year olds.