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!!

New all time hi today

I read somewhere that Asos could be a takeover target by Tesco, since the latter have pulled the plug on their online retailing of clothes (sorry to be so vague but just stuck in my mind as it makes sense)

toya it was in a few papers a couple of weeks ago,robin not long for 3 is taken out?

woodie your quote "robin not long for 3 is taken out?"- Why the question mark?

just in case lol

woodie thru 3 mark now-u only had to wait 3 days

got there quicker then i thought

Phew! First bought in at 23p many moons ago. Just shows that the best policy is to pick a share and tuck it away - not that that is really in my character. Where in five years time, though?

Eric

500p a share easy.

does anyone not think that asos have been affected by the slowdown in retail sales and will have a cautious outlook for year ahead, and therefore slow the rise up

no

monday will give us a clue,a few weeks ago 3 brokers upgraded the shares after a site vist, if there was a slow down at this moment in time would there have been upgrades?

Why should they be immune from the decline in consumer confidence,and are they vulnerable to bad debts?

halifax no one can be 100% that at some stage they might see a slow down in sales,but the question was asked "does anyone not think that asos have been affected by the slowdown in retail sales and will have a cautious outlook for year "
unless in the last 3 weeks things have changed it wont be at the moment.see my posts earlier in the thread re site vist & upgrades.

their main mkt is 18-25 year olds- they will continue to shop . Also when ordering you pay by credit card so payment guaranteed for ASC and therefore no bad debts to speak of if any at all

ok thanks. I think amazingly this is the only retail share that is near its all time high

Credit card crunch is on its way especially for spendthrift 18-25 year olds, limits are being cut and thousands of new card applications are being rejected.

mummy will look after favorite son and daddy will look after favorite daughter

Carry on believing that and you will find out what happened to the ostrich!

Good debate. The main reason for ASC's strength and source of confidence in its continuation is the rate of switching to internet purchasing, particularly amongst young ladies fashion. NEXT are the only real competitor but are hidebound by the impact on their own retail chain. So even if the overall market is stagnant, a significant growth applies to ASC's own market. Add to that their extension of the market into other age groups, including men, and the potential in Europe and the US and you can see no real reason why the exponential rise should not continue. This should carry on until a slowdown is seen on the horizon.

Have increased my stake today, putting my s where my mouth is! (no not there!)

Eric