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!!

Looks like a bearish engulfing candle on the chart.

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..

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

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 ".

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

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

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.

if enyone look at asos before say anything has to realise that its about the strongest growing fashion/clothing business in a whole planet. enyone fancy challenge that?:)

ref : 'the strongest growing fashion/clothing business in a whole planet' - not hot tuna then LOL!! that was a joke as is htt!!!

fail.lol

Thursday 19 January, 2012
ASOS PLC
Trading Statement
RNS Number : 8060V
ASOS PLC
19 January 2012







ASOS plc

Global Online Fashion Store

Trading Statement for the 3 months ended 31 December 2011





Q3
Q3



£'000s
2011/12
2010/11
Increase

Retail sales
146,527
100,039
46%

- UK sales
62,055
56,320
10%

- Total International sales
84,472
43,719
93%

- US sales
13,040
5,297
146%

- EU sales
32,470
24,460
33%

- ROW sales
38,962
13,962
179%

Group revenues*
150,555
104,126
45%


*Includes retail sales, postage and packaging (P&P) income and 3rd party revenues



Q3 Highlights



· Retail sales + 46% year on year (UK +10%, International +93%)

· International sales mix 58%

· Retail gross margin 300 bps up on prior year





Nick Robertson, CEO, commented:



"I am pleased to report a strong third quarter performance across all territories including the UK. Overall retail sales were 46% up year on year and our retail gross margin was 300bps higher over the period, in line with guidance.



With the business continuing to perform well through these challenging economic times, we remain confident about the outlook and expect our full year results to be in line with market expectations."

Trading Statement.

Q3 Highlights

· Retail sales + 46% year on year (UK +10%, International +93%)
· International sales mix 58%
· Retail gross margin 300 bps up on prior year

Very good results.

i believe they are in line with expectations, but as the shares have taken a pasting over the last couple of months, the numbers may provide a modest fillip

Thursday, Jan 19, 2012
Reuters




ASOS sees year in line after solid Q3

LONDON - British online fashion retailer ASOS said it would meet full-year profit forecasts after reporting a strong third-quarter boosted by rapid international growth and a solid performance in its domestic market.

ASOS, which targets internet-savvy 16 to 34-year-old women looking to emulate the designer looks of celebrities such as Kate Moss, Alexa Chung and Tulisa Contostavlos but at a fraction of the price, said on Thursday UK retail sales growth was 10 per cent in the three months to Dec. 31, its fiscal third quarter.

That compares with analysts' consensus forecast of 5 pct and second quarter growth of 1 per cent.


International sales rose 93 per cent, just undershooting analysts' consensus forecast of 100 per cent and growth of 141 per cent in the previous quarter.

Total retail sales rose 46 per cent to 146.5 million pounds(S$288 million), while the retail gross margin increased by 300 points, in line with guidance, it said on Thursday.

"With the business continuing to perform well through these challenging economic times, we remain confident about the outlook and expect our full year results to be in line with market expectations," the company said.

Shares in ASOS reached a 12-month high of 2,508 pence in June, fuelled by buoyant trading and bid speculation, but have since fallen back sharply as the overall market has tumbled, directors sold shares and investors have fretted about the impact of rising youth unemployment on UK growth.

The stock closed Wednesday at 1,492 pence, valuing the business at 1.14 billion pounds.

Amazing!

so...press conference gone nice.all good.bit of slow down but still mind blowing numbers.i'm happy..

btw cynic ,
your show off of inteligence and clearly understanding of the matter again by adivising everyone to avoid sillines by investing in asos or.... from 1277 to 1682 in few weeks time - proove what? again ......and ... again.... lol

don't forget that it's a very thin market so movements tend to be quite exaggerated ..... i'ld also guess that there were quite a few bears who are now being forced to close

i still don't like the company, and apart from this time, i think i must have lost money every other time i have taken a dabble ....... you could also level the same accusation at me about BORD

by the way, how many shares do you hold and at what average price, for you were certainly touting the stock all the way up and all the way down again?

for myself, i am happy to say that i bought 750 on 12/1/12 at 1520

a variety of resistance levels look possible, so take your choice