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!!

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

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..

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

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

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..

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.

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

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

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

JKD - a little unkind :-) ..... it is exceptionally rarely that i would ever say "told you so", and you could count those occasions on one hand over the last 3/4 years or whatever in which i have posted on this board ..... i avoid ASC as much as anything, because i can never get the timing/direction right to trade it ..... i gave up on WOS for a similar reason

at wich point both of you, mean jkd and cynic.. as i said many many times.. starting years ago........makes you completly and utterly useless in every single word about this area..whatever it is...lol

well...not really useless... a big show off of so-called experts as an end product of brain knowledge pans out as completly idiocy...can be massively funny..i have to admitt...lol

tomasz - apart from being a singularly boring chap who enjoys his monologue on the thread, unlike you, neither jkd nor myself have ever professed in being expert in anything, let alone ASC ..... as well-posted, i choose to avoid this company because

(a) on the few times i have tried to trade it, i have almost invariably got my timing/direction wrong
(b) i don't like retail in general
(c) i have always thought ASC hopelessly over-valued, not least because though their business model may be sound, their goods are generally poor quality, and (imo) even the forward p/e is preposterous

again not understood..so let me see this...a + b + c in this case doesnt = money...
so as far as i see the whole point is missing...so doesnt matter what you think if you cant deliver because of it.you may jump in here if you figured out idea and it brings money..thats the whole idea..if not - then stick all of it in to your martadell..cause is completly useless..
wonder now if got that..:)

enjoy continuing your monologue .... as about 3000 posts show, no one else in interested

well.. as long as money speaks... the opposite should remain in silence...

tomasz- am totally behind cynic with your ongoing waffle....

ay espect nd hrive

see if you can fill in the gaps using the word "PRAT"

Final Results

Highlights:

· Retail sales up 32% (UK retail sales up 13%, International retail sales up 46%)

· Retail margin up by 90bps and gross margin up by 90bps

· International retail sales accounted for 65% of total retail sales (2011: 59%)

· Profit before tax and exceptional items up 42% to £13.2m

· Net funds of £27.9m

· 5 million active customers5 at 31 August 2012 (+36% year on year)

Very strong.happy.