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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

skinny - 24 May 2012 07:07 - 3902 of 5941

Management Incentive Scheme.

Final Results.

Highlights:

· Retail sales up 49% (UK retail sales up 7%, International retail sales up 103%)

· Retail margin up by 290bps and gross margin up by 180bps year on year

· International retail sales accounted for 59% of total retail sales (2011: 43%) and 62% in Q4

· Profit before tax and exceptional items up 43% to £40.9m

· Tight stock management and strong net funds of £19.3m

· New websites launched in Italy, Spain and Australia

· Warehouse transition completed and delivering significant efficiency gains

tomasz - 24 May 2012 07:42 - 3903 of 5941

Bit slowdown,but still fantastic achivements.

cynic - 24 May 2012 07:51 - 3904 of 5941

it'll be interesting to see how sp reacts as markets are unlikely to appreciate "slowdown", even though sp has come back about 40% from its highs

tomasz - 24 May 2012 08:04 - 3905 of 5941

Sid down and watch then

cynic - 24 May 2012 08:36 - 3906 of 5941

they're holding steady enough

tomasz - 24 May 2012 09:05 - 3907 of 5941

Yea, bears lost it monday.

ahoj - 24 May 2012 09:11 - 3908 of 5941

ACtivities are moving from high street retailers to internet retailing.

The situation is not as bad as they project, as statistics comes from big high street retailers.

tomasz - 24 May 2012 12:34 - 3909 of 5941

got to love that explosion...so , just sitting in the garden, mug of coffee, sunshine so heavy that im struggling to see monitor, got mega laugh obviously..and just wondering...why so called recent experts here freeze all of the sudden...are they going advice again?.. pretty miss them...:))

tomasz - 24 May 2012 12:35 - 3910 of 5941

well... one of them may back to fart a bit , i suspect...:))

cynic - 24 May 2012 12:38 - 3911 of 5941

i don't and i have never called myself an expert ..... as you know, i have never liked this stock - don't like the product; don't like the rating - and steer well clear of this middle-range fashion industry

if i bought into any such retail, which i have not, i guess i would go for Next (NXT) which finally seems to be getting its act together

and of course i would never be embarrassed to bank respectable profits nor would i be so pathetic as to resort to stupid ham-pidgin english

halifax - 24 May 2012 12:45 - 3912 of 5941

cynic you must have very long legs as he has been pulling them for so long.

cynic - 24 May 2012 12:51 - 3913 of 5941

mr muppet quite probably just runs a cyber portfolio ..... i watch ASC because it never ceases to amaze me

tomasz - 24 May 2012 12:56 - 3914 of 5941

mr muppet again?...well, you will have to come up soon with something stronger baby... cause youve been beaten again..well , to me is more like again and again and again...lol

tomasz - 24 May 2012 13:03 - 3915 of 5941

"cyber portfolio"....a bit shabby swing..lol

skinny - 24 May 2012 16:30 - 3916 of 5941

dreamcatcher - 24 May 2012 16:35 - 3917 of 5941

You got to give it to him, seems far from a muppet at the moment. 10% up on the day.
lol

skinny - 24 May 2012 16:43 - 3918 of 5941

Yes - if nothing else, its an amazing share to watch - I think I'd rather trader the DOW - less volatility! :-)

dreamcatcher - 24 May 2012 16:51 - 3919 of 5941

He is brave skinny. If the results had gone the other way well anyones guess.
The company must have something to defy the times we are in. Perhaps good buyers and people ordering clothes over the net.

skinny - 24 May 2012 16:54 - 3920 of 5941

They do seem to come up on more of the my searches recently.

dreamcatcher - 24 May 2012 16:57 - 3921 of 5941

Perhaps another day for cynic to have his day. lol Afraid the company is doing well at the moment in time.
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