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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

tomasz - 01 Nov 2009 20:58 - 2647 of 5941

Its a good question , a very good balerboy , was be lie if i said i know that.., all i know (humble) that we must not slow down below current 47% to see 5 soon.fingers cross

tomasz - 03 Nov 2009 22:56 - 2648 of 5941

lresistance last 394 not broken and not falling down much too so looks like pressure on update.very hot 2 weeks for me..fc

tomasz - 04 Nov 2009 23:05 - 2649 of 5941

my resistance blown away, now lets see your 400.good anyway.scary too..:)

tomasz - 09 Nov 2009 13:22 - 2650 of 5941

looks like youre right, struggle to go more than 400 , good statement needed,

Balerboy - 09 Nov 2009 16:36 - 2651 of 5941

TOMASZ..... it's gone through 4.. can it hold on to it tomorrow,, hello :))

tomasz - 10 Nov 2009 10:57 - 2652 of 5941

it looks like is holding nicely:)you in, so good luck to you, i pulled out to safety at 394 , cause can be selling the news scenario and update a bit slower so may be little drop then i'll load up the truck again...or update can be awesome , than sp will sky high and.. i'll be head butt the wall :))fc

Balerboy - 10 Nov 2009 13:22 - 2653 of 5941

Will be in till rns, which if it follows past news should be good, plus they have the kids one up and running I think. Imo I think 4.50 not out the way, possible 4.70 as it went to 4.27 last time. Think you got out too soon. BB

tomasz - 11 Nov 2009 09:35 - 2654 of 5941

man..this is way too early..headbutting the wall now

Balerboy - 11 Nov 2009 11:26 - 2655 of 5941

was very surprised to hear you sell before results..:((

Balerboy - 11 Nov 2009 16:40 - 2656 of 5941

am 88% up on holding, 4.25 and climbing way past last high, must be expecting great news. happy christmas BB.....

tomasz - 11 Nov 2009 22:42 - 2657 of 5941

you the man bb! ..:)) am just about 45% this year, played safe.., but promise now to catch you soon :)).Yea christmas area is a main target for me now, especially after that big missssss..:( , tons of profit in the business comes from that time , so im just not sure about Sept - Nov , but after that we're flying in my humble opinion and me be ready.I'll load up the whole truck.:))
(but 88% !! boy oh boy! I like that)

Balerboy - 12 Nov 2009 17:10 - 2658 of 5941

still 3 days to go before news and climbing....

mitzy - 15 Nov 2009 11:27 - 2659 of 5941

Why the fall on Friday..?

Balerboy - 15 Nov 2009 14:37 - 2660 of 5941

good question, tried to sell a few friday but left it too late and couldn't get in. Cant imagine theres any bad news.... maybe a tree shake?? Am now waiting to see what monday holds. you in these mitzy?

cynic - 15 Nov 2009 17:32 - 2661 of 5941

i suspect their sales and margins are being squeezed as competition increases ..... nothing hits the sp of a growth stock so hard as when that growth is perceived as threatened

mitzy - 15 Nov 2009 18:50 - 2662 of 5941

No Balerboy big mistake for me not to buy these.

cynic - 15 Nov 2009 18:54 - 2663 of 5941

390 looks to be a level at which it is worth buying these again ... the chart is self-explanatory

saturn5 - 15 Nov 2009 19:56 - 2664 of 5941

We can expect a tree shake.
The mms love it and the media too.
However with the Christmas trade ahead it would be wise to hold on.
If you feel weak at the knees tomorrow then just take a big breath and hold.
If you have stops then move them down.
MMs love to wipe out stops with a sharp spike down.

Balerboy - 15 Nov 2009 20:53 - 2665 of 5941

all good comments, shall take profit if we get we get 4.30 again otherwise shall hold.

Balerboy - 15 Nov 2009 21:16 - 2666 of 5941

Asos sales up by almost half The Scotsman site.
GalleryPublished Date: 01 October 2009
ASOS, the online fashion retailer, has booked a 47 per cent surge in sales as it continues its global assault on net-savvy fashionistas, writes Scott Reid.

A push into overseas markets means that international trade now accounts for a quarter of the UK group's overall business.

With international revenues growing by 110 per cent, Asos described trading in the six months to 30 September as strong and
ADVERTISEMENT in line with expectations.

However, there was some weakness in the firm's share price yesterday as investors noted that the sales increase was down on the 52 per cent rise reported for the first quarter of the financial year.

The group, which targets 16 to 34-year-olds with clothing and accessories based on those worn by celebrities, now delivers to 114 countries and has begun offering enhanced delivery options for international customers, including fixed rate and express shipping.

Chief executive Nick Robertson said he was comfortable with City forecasts for full-year sales to rise by about 40 per cent and for profit to reach 19 million from 14m last year.

Earlier this year, Robertson told The Scotsman that international business could be "enormous," with the potential to equal the size of the UK operation.

Competition is set to heat up, however, with Inditex Europe's biggest fashion retailer planning to launch its Zara brand online next year and H&M intending to launch a dedicated website in Britain.

Speaking at Asos' annual shareholder meeting in London yesterday, chairman Lord Waheed Alli said: "We expect the first half outcome to be marginally ahead of the prior year and continue to view the outlook for the full year with confidence."

Still have great confidence in nick robertson, either way will hold some Asos but with 90% gain will take 50% out when ready.
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