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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

55011 - 21 Sep 2012 19:19 - 4106 of 5941

Very encouraging finish to contemplate over the weekend. I fancy there may be some extended write ups in the next couple of days. Also I wonder with the volume there has been, whether any significant changes to the Register have occurred.

What price a take out???

tomasz - 24 Sep 2012 07:45 - 4107 of 5941

pretty challenge today for this level..may reveal some clue at close..

tomasz - 24 Sep 2012 08:09 - 4108 of 5941

challenge at open already..had bit time with computer and come up with idea..i left order yesterday to fill in case this is head fake and is triggered now so i'm short..

Bones - 25 Sep 2012 10:01 - 4109 of 5941

Decided to take my profits at 2248. Price looks like it wants to retreat for a while but I will keep an eye on this one.

6% gross return on the first two purchases (but 30% return on the margin invested) and tiny gain on the last. Can't complain I guess.

tomasz - 25 Sep 2012 12:23 - 4110 of 5941

not at all..exit maybe bit off date but still i love that one shot-entry proving it was doable even after run up from low 17's...

tomasz - 26 Sep 2012 07:42 - 4111 of 5941

yesterday US selloff should bode even better for short to develop today

tomasz - 27 Sep 2012 09:36 - 4112 of 5941

closed short at 2192..sweet £££.. it was cheeky for sp to go from 20 to 23 without me so part has been restored nicely :)

tomasz - 28 Sep 2012 09:15 - 4113 of 5941

back to work..just opened nice long 2190

tomasz - 04 Oct 2012 11:11 - 4114 of 5941

its working as swiss watch...getting there faster than I expect..not that I complain at all..:)

tomasz - 04 Oct 2012 13:44 - 4115 of 5941

that 25pt wobble after US jobs remind me that maniana can b anytime over given that tiny volume so closed as soon as it back at 2281..scarry..

tomasz - 10 Oct 2012 13:37 - 4116 of 5941

So the roumor was true and Katie is here..the future looks even more entertaining..

tomasz - 16 Oct 2012 08:07 - 4117 of 5941

woaa.. nearly 24?.., technicaly this is massively messy open :)) ...

tomasz - 18 Oct 2012 07:37 - 4118 of 5941

price is destroying non believers.. just 14p from all time high..should be surpassed just by ftse diff from yesterday close..bulls figured out that nicely...bust...rs! without me! :)... anyway there should be some movements at this level today..

tomasz - 18 Oct 2012 16:48 - 4119 of 5941

all time highs..not that entertaining as on board but still nice to watch..well...not really...:)

robinhood - 19 Oct 2012 12:46 - 4120 of 5941

problem is you think you are entertaining.............wrong!!!!!!!!! (get yourself a woman and stop this verbal flow.....)

tomasz - 19 Oct 2012 15:07 - 4121 of 5941

if you look for entertainment here that you'll be disapointed..i promise you that.. this is you who need find yourself a woman.. to stay cool and less boringly demanding.. or...start making money finally..this will free you up.. my boy..

dreamcatcher - 20 Oct 2012 19:01 - 4122 of 5941

Thursday 25th October - online retailer ASOS (ASC) will publish its results for the period between April and October.

Recent news: ASOS has already announced that sales for the 2012 financial year (on the new August year-end basis) grew by 37.2%, with retail sales up 38.2%. This compares with a growth of 45.7% and 48.6% respectively on the previous March 2012 year-end basis.

At the beginning of the month, the company announced that ex-Amazon UK (AMZN) managing director, Brian McBride, would take over the role of chairman. "McBride appears to have the appropriate experience for the job and our research indicates that he is well connected. We see his appointment as positive for ASOS," states Panmure Gordon's Jean Roche.

Analysts' expectations: According to Bloomberg, consensus median pre-tax profit expectations for the year ending 31 August stand at between £43.5 million and £44 million.

"We continue to see in ASOS shares a unique opportunity for investors to get involved in a global consumer growth and operating leverage story," says Roche, reiterating his 'buy' recommendation.

Valuation: Shares in the company have climbed more than 80% year-to-date and are currently trading on a 2012 PE ratio of about 57 times.

cynic - 21 Oct 2012 15:39 - 4123 of 5941

big write-up in ST today, so perhaps i should not be pissing against the wind, much as i dislike retail and the company itself (poor quality product) ..... but still not tempted to put money into the stock

jkd - 21 Oct 2012 16:02 - 4124 of 5941

c
thats ok ,when and if it ever gets back to a tenner you can always say told you so. but in mean time your right also, i.e. about pissing against the wind . who knows how high this might go?
but a 57 pe is just ridiculous.
regards
jkd

WOODIE - 22 Oct 2012 06:19 - 4125 of 5941

Sunday Telegraph

Amazon weighs bid for online fashion retailer Asos
Amazon has considered weighing up a bid for Asos as it tries to replicate its success in the books and technology industries in fashion.

Insiders say the online clothes retailer has sparked the particular interest of Amazon founder Jeff Bezos, after he met its founder Nick Robertson in Seattle.

It is not known whether Amazon is still looking at Asos, a British firm, but sources have told The Sunday Telegraph that it looked at Asos’s books earlier this year.
Earlier this month Amazon’s former UK chief executive, Brian McBride, joined Asos as chairman.
The listed fashion retailer started in 2000, selling copies of clothes worn by celebrities and quickly expanded to become one of the UK’s biggest clothes firms.
Last year its pre-tax profits nearly doubled from £15.7m to £30.3m, as revenues surged 46pc to £495m. It is expected to report profits and revenue increases of more than 40pc at its full-year results next Thursday
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