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!!

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.

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..:)

581!! megasweet!!

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

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.

Wow this is going to 1000p..

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

beats SEO anyday

Agree this is world class .

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.
.

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 :))

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

whopping 624!! lol

This has got 1000p written.

mitzy 1000 sounds great :)
but not yet man , not yet, if business okay we may see glimpse of 800 next march...

b4 we all get carried away too much.....a trailing stop loss called for imho

as we all know- you have not made a bean on this stock until you bank it

i took my eye off this one, though i confess to have held a pretty jaundiced view of retail stocks for some time ..... however, once this broke its straightjacket, it has performed really well, and today especially, well against the trend.

mitzy can dream of her 10.00 ..... those who don't partake of magic mushrooms and fairy dust can content themselves with watching this stock continuing to perform steadily, even if it can be a bit erratic from time to time

sickening.......lol

I am sorry to hear Michael Walters web-site may be closing down shortly.