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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

Balerboy - 15 Apr 2010 13:34 - 2850 of 5941

oh yes...around 4 would be lovely....weldone ek. lol

tomasz - 20 Apr 2010 07:56 - 2851 of 5941

update looks great, year coming big time, no sense to sp do down ,but as a tradition here we go down :)

Balerboy - 20 Apr 2010 08:33 - 2852 of 5941

Online fashion store ASOS's sales continued to slow in the final weeks of the year to March, though a pick-up in April means it is now more confident over 2010 than previously.

"The new year has started very positively, retail sales are up 56% in April (UK +25% and International +148%)," chief executive Nick Robertson said.

"We are approaching this year with considerably more confidence. Demand for our spring / summer ranges have been very strong and the Internet continues to outperform the other retail channels," he added.

ASOS added that sales for the year to March just ended rose by 35% to 223m, while profits will be in line with market forecasts. Retail sales for the 12 months to 31 March 2010 were up 38% to 206m. UK retail sales rose by 23% and international retail sales by 101%, (28% of retail sales).

In January, ASOS reported sales were up by 38% for the 42 weeks to 17 January with UK sales up by 25% and international by 102% over the 42-week period, suggesting sales growth slowed over the final three months of last year.

tomasz - 20 Apr 2010 10:06 - 2853 of 5941

heartbroken now to see going up:))
in one side can't complain being on money now but other side big pile of cash waiting for..

tomasz - 20 Apr 2010 11:26 - 2854 of 5941

547! hard to predict maniac..:))
let's see if there are sellers waitng for punch afternoon...

mitzy - 20 Apr 2010 12:16 - 2855 of 5941

Buy buy buy..

Balerboy - 20 Apr 2010 21:50 - 2856 of 5941

KBC Peel Hunt is maintaining its 'wait-and-see' attitude on online retailer ASOS but sees scope for revenue upgrades as sales momentum builds in the retailer's key territories.

"ASOS remains one of the few genuine organic retail growth stocks, with further progress to be delivered in the UK and overseas, although the latter remains the growth engine in our forecasts," KBC analyst John Stevenson said. The US, French and German web sites remain on track to open this year, the company said.

With a price/earnings ratio of 23 based on projected 2011 earnings the stock rates no more than a 'hold' in KBC's view. The broker has left its price target unchanged at 500p.

tomasz - 20 Apr 2010 23:10 - 2857 of 5941

bb, come on man...
what it says is that KBC may missing something in this area again, lol, just remember Sept 2009 KBC downgrading asc target 370 and 5 weeks later sp blow up 400 and hit nearly moon at 515,
bit suprised that you still want to follow that nonsese..:)

tomasz - 21 Apr 2010 09:32 - 2858 of 5941

581!! megasweet!!

tomasz - 21 Apr 2010 09:39 - 2859 of 5941

wwoooaaa!! 594!! and no let up at all !!!!!!!!!!!!!!!

Balerboy - 21 Apr 2010 13:19 - 2860 of 5941

ok tomasz...your really p**sing me off now.......lol my 6500 shares WOULD have worth 39000 instead of the 26000 that i took.. sods law. gl.

mitzy - 21 Apr 2010 13:50 - 2861 of 5941

Wow this is going to 1000p..

robinhood - 21 Apr 2010 14:33 - 2862 of 5941

just a little cry...sold 25% of my holding pre 5/4/10 to maximise cgt allowance. Guess i should have waited- cannot complain though still got 4000 left

robinhood - 21 Apr 2010 14:33 - 2863 of 5941

beats SEO anyday

mitzy - 21 Apr 2010 15:16 - 2864 of 5941

Agree this is world class .

jkd - 21 Apr 2010 20:55 - 2865 of 5941

Bb
dont despair, we always get a second chance.now this is from memory and i havnt double checked it, so dont hold me to it. but i think when i did my original long term analysis many posts ago and suggested i wouldnt short it, my initial upside target, which i didnt post, was 600. lets see what happens next.
regards
jkd
edit Bb am i allowed to add a sort of +/- 30sh? LoL good luck.
.

tomasz - 22 Apr 2010 00:52 - 2866 of 5941

and you suggested you wouldn't buy either...
so you had the ball and lost it , sit down on the bench now, next to KBC Peel Hunt...mega lol :))

jkd - 22 Apr 2010 00:56 - 2867 of 5941

t
as i recall i suggested i wouldnt "chase". big difference,
regards
jkd

tomasz - 22 Apr 2010 08:54 - 2868 of 5941

whopping 624!! lol

mitzy - 22 Apr 2010 09:19 - 2869 of 5941

This has got 1000p written.
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