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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

dreamcatcher - 16 Jan 2012 17:10 - 3644 of 5941

In todays express - Asos warns that its pre christmas performance was likely to be "challenging". Targeting 16 - 34 yr olds, demand for its goods is expected to be hit
by the soaring youth unemployment.
Seymour Pierce expects the group to report salesgrowth of 5 per cent in the three
months to the end of December, compared to an 8 per cent increase to £88.6 million
in the previous six months and a 23 per cent rise the year before that.

cynic - 16 Jan 2012 17:13 - 3645 of 5941

as DC said in 3642, uk growth is likely to be poor so big input required from overseas

tomasz - 16 Jan 2012 17:50 - 3646 of 5941

you have to do your homework more properly to say something wtch is really matter here..
uk growth story has been sorted, you should know that since April 11.its no longer important.international is more than enough.
i can see here poor approach.. jumping from one to another in anticipation of quick few pennies makes you knowing not really much about one.

cynic - 16 Jan 2012 17:52 - 3647 of 5941

i've certainly learnt not to read most of your ramblings!
so far, if you have posted accurately, you are nursing some thumping losses

tomasz - 16 Jan 2012 18:15 - 3648 of 5941

you got to be kiddin me!you learn a lot. served you well.:)
btw you appear to know more about my performance than Asos as a business you should refer to.lol, no surprise since you've been knocked down here few times.:)
anyway there will be a truck of money to made here again..

cynic - 16 Jan 2012 20:09 - 3649 of 5941

maybe; we'll know a bit more after thursday

tomasz - 17 Jan 2012 09:44 - 3650 of 5941

this is a difference.you learn but not enough yet.you've got maybe , you should have sure.

Balerboy - 17 Jan 2012 09:49 - 3651 of 5941

Tomasz how come you write a coherant post in 3648 then a lot of gobblygook in 3650??

skinny - 17 Jan 2012 09:51 - 3652 of 5941

Booze :-)

tomasz - 17 Jan 2012 10:49 - 3653 of 5941

well, I tend to not waste time combining all possible words to say something very simple, so there you could see sort of cutting apex to put it as simple and short as possible.Im sure you'll get it:)

robinhood - 17 Jan 2012 13:10 - 3654 of 5941

tomasz- your English is quite good considering it is not your native language. By the way do they sell "waffles" where you live?

tomasz - 17 Jan 2012 14:53 - 3655 of 5941

r do you mean can you go short on waffles?... I don't know that.. but i'm sure you good so could do that. lol

cynic - 17 Jan 2012 16:07 - 3656 of 5941

meanwhile the market thinks the figures will not be up to scratch

skinny - 17 Jan 2012 16:09 - 3657 of 5941

Looks like a bearish engulfing candle on the chart.

tomasz - 17 Jan 2012 18:21 - 3658 of 5941

price is overheating so has to chill little bit or correct, it has an area down to 50ma.bit of relax since 15 area from 1124 is about 40% increase. we find out that growth is maintained on thursday - we bounce off 50ma, by thursday 20ma should cross above 50ma so positive magic could work.this is decider are we made full year or not.
berish engulfing indeed but easy to be done on doji, isn't it..

gibby - 17 Jan 2012 18:36 - 3659 of 5941

might be wise to wait till after thursday - or if in sell now then buy back

how i wish i held on to my asos buys here years ago - still have to look twice at the sp from what i had it at then - one of my biggest ever mistakes if not the biggest!!

anyhow back to today - international business is going to be key imo - perfomance last 12 wks 2011 around 4.5% likely - p/e ratios lol target needs to be circa 20

and the younger audience is getting tougher - roll on thursday

dreamcatcher - 17 Jan 2012 18:57 - 3660 of 5941

The sales growth may well stand up. I am more keen to know how much the organization had to discount its clothes stock to keep turnover moving. As said they target 16-34 year olds who no doubt are finding the times very tough and having to tighten their cash spends.
I for no doubt think they are not going to put out a major profit warning but feel if growth has been maintained at the expence of " PROFIT ".

gibby - 17 Jan 2012 19:03 - 3661 of 5941

tend to agree dc - but what i am most interested in is their targets / expectations going fwd and anything relating to international business, currency issues etc, profits i am told should be in line with maket expectation at best but potential for up to 5% reduction - we'll see

dreamcatcher - 17 Jan 2012 19:32 - 3662 of 5941

All will be revealed on Thursday, as you said gibby we will see.

tomasz - 17 Jan 2012 23:07 - 3663 of 5941

sales not that important for sure, but the key for now going to be earnings before expenditures of fixed assets growth we have to look at , to have idea what is what and i'm sure we good.
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