Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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

jj50 - 17 Nov 2005 17:12 - 1679 of 5941

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.

queen1 - 17 Nov 2005 22:15 - 1680 of 5941

Thanks jj50.

nyleve - in since 10p You lucky man!!!!!

nyleve - 17 Nov 2005 23:33 - 1681 of 5941

queen1, yes, read about ASOS on Citywire Feb 2004 - took my first step in trading, thought I had lost it when it went from 80+ down to 40 odd, but hung on, thankfully. Going through the same sweat with Stanelco now !!!!! Hope the same prayer works lol

nyleve - 17 Nov 2005 23:34 - 1682 of 5941

queen1, yes, read about ASOS on Citywire Feb 2004 - took my first step in trading, thought I had lost it when it went from 80+ down to 40 odd, but hung on, thankfully. Going through the same sweat with Stanelco now !!!!! Hope the same prayer works! lol

jj50 - 18 Nov 2005 09:14 - 1683 of 5941

I bought at 10.13 too - think it was a Jemma George comment on Citywire. Sad she is not there any more but she is running a company called IP Live. Bought a few (very speculative) shares in her company as she seemed to be very astute, so seemed worth a punt!

queen1 - 18 Nov 2005 09:51 - 1684 of 5941

Well you both did very well. I didn't get in until mid-50's but am glad I didn't sell when they went down into the 40's. nyleve, I'm also in SEO which isn't much fun at present!

ramu - 21 Nov 2005 18:07 - 1685 of 5941

Guys, don't be tempted to sell after the trading results next week. Internet sales now account for 5b of the 75b retail market and Asos is well poised to take a bigger slice of the Net. Their marketing team is excellent and the management is switched on. Personally, I think there will be further instituitional interest or this company will be taken over. All IMHO & DYOR.

queen1 - 21 Nov 2005 19:44 - 1686 of 5941

I agree ramu. And even if the sp doesn't do as much as we want over the next couple of years I'm certain that ASC will be a take-over target if results continue to impress.

Kivver - 26 Nov 2005 15:06 - 1687 of 5941

Hitwise record more visits to internet retail sites this year than last year. Not mentioned asos but hope this is included. Agree with the above not be to concerned about results announced on tuesday (partly because of move to new warehouse) but look for clues about growth and sales for this xmas. Good luck to holders.

ramu - 26 Nov 2005 18:34 - 1688 of 5941

http://www.timesonline.co.uk/article/0,,748-1891384,00.html

Kivver - 28 Nov 2005 14:33 - 1689 of 5941

Why the big drop the day before the results are announced, does somebody know something? extremly fed up!!!

saturn5 - 28 Nov 2005 15:29 - 1690 of 5941

http://www.retail-week.com/nav?page=retailweek.news.detail&resource=3746084

Kivver - 28 Nov 2005 15:33 - 1691 of 5941

A good positive article, makes it even more frustrating the price going down rather up!

bhunt1910 - 28 Nov 2005 16:06 - 1692 of 5941

doesn't that make it an ideal opportunity to top up ?

Baza

Kivver - 28 Nov 2005 16:16 - 1693 of 5941

Thats what im thinking Baza, but not sure how the market will react after the results 2morrow. Been watching blvn all day thinking it cant go any higher but it hasnt stopped. blvn or asc decisions decisions eh.

Greyhound - 28 Nov 2005 16:27 - 1694 of 5941

I've been watching this for a while too and personally I'm expecting it to come back on the results (I stress I'm not basing this on any specific information), more gut feeling that there'll be better opportunities to top up. I'm not convinced the results will be anything outstanding but the next taking into account Christmas sales is a different story.

bhunt1910 - 29 Nov 2005 07:17 - 1695 of 5941

ASOS PLC
29 November 2005



FOR RELEASE
7.00 am
Tuesday 29th November 2005

ASOS plc
('ASOS' or 'Group')
('A leading internet based fashion retailer')


INTERIM RESULTS FOR THE SIX MONTHS ENDED 30th SEPTEMBER 2005

Highlights

* Group sales +78% to 8.3m

* ASOS.com sales +86% to 8.1m

* Group loss before tax and amortisation of goodwill of 6,000 after
251,000 of one-off costs associated with warehouse move
(2004: 240,000 profit)

* Group loss before tax 120,000 after one-off costs associated with
warehouse move (2004 126,000 profit)

* Significant investment in resource and capacity

* 725,000 registered users as at 27th November 2005

* ASOS.com sales +58% for 8 weeks to 27th November 2005


Chief Executive's Statement

I am pleased to report an increase in Group sales of 78% for the period to
8.3m. Sales for ASOS.com, the Group's main trading subsidiary, were up 86% to
8.1m.

In-line with internal forecasts and following significant investment in resource
and capacity, the group made a loss (before amortisation of goodwill and tax) of
6,000 versus a profit of 240,000 for the same period last year. The loss
before tax was 120,000 against a profit of 126,000 for the same period last
year. Basic loss per share was 0.17p (2004: earnings per share 0.18p). The
figures above are after 251,000 of one-off costs associated with the warehouse
move.

Capital expenditure within the period was 686,000 with a further 400,000
budgeted for the second half of the year.

The Market
According to the IMRG - 22 million British Shoppers will spend 5 billion online
this Christmas, an average of 208 each and generating 130 million internet
shopping deliveries.

Outlook
We have invested in our management and logistical teams, doubled the size of our
buying and merchandising team and bought ourselves sufficient logistical
capacity to support continued high levels of growth.

Last year we added four new departments: jewellery, footwear, beauty and
accessories. This year, we have again responded to the needs of our customers
and put a team together that can deliver 800 hot new fashion lines a month,
double our average for the last 12 months.

ASOS is still very popular amongst its core target market and in October 2005 we
were again the second most visited Clothing and Apparel site behind Next,
attracting over 1.1 million unique visitors. In November 2005 we expect this to
rise to 1.4m unique visitors, a 46% increase year on year. As at the 28th
November, we had 725,000 registered users.

I remain optimistic about the prospects for the business. The strategy of
delivering 800 new lines per month will be supported by strengthening our
supplier terms and improving our gross margin. We will use the relatively
quieter 4th quarter of the financial year ending 31st March 2006 to introduce
technology efficiencies into our logistical operation.

Nick Robertson
Chief Executive Officer
29th November 2005



ASOS plc Tel: 020 7240 7070
Nick Robertson, Chief Executive
Jon Kamaluddin, Finance Director

Beattie Financial Tel: 020 7053 6400
Brian Coleman-Smith / Nia Thomas / Grace Dewhurst

Seymour Pierce Tel: 020 7107 8000
Mark Percy / Nichola Marrin

ASOS plc is an Internet Retail and Marketing Services Group, established in June
2000 and admitted to AIM in October 2001. Its principle business is ASOS.com, a
leading online fashion and beauty retailer. Aimed primarily at an Internet savvy
18-34 year olds, ASOS has over 725,000 registered users at 27th November 2005
and offers over 1500 lines across womenswear, menswear, jewellery, beauty,
accessories and footwear.

WOODIE - 29 Nov 2005 07:47 - 1696 of 5941

not much in the results that was not in the market place not much headway in share price at the moment.

Kivver - 29 Nov 2005 12:20 - 1697 of 5941

Seems like investors have reacted to the very thing we new was going to happen, warehouse move would effect the results. we knew this before today so why sell today. might be a good time to back in 71p now.

bhunt1910 - 29 Nov 2005 12:46 - 1698 of 5941

Well I thought 80p was a fair price - this seems a bargain - especially with Xmas coming up and more and more people shopping over the Internet

Baza
Register now or login to post to this thread.