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!!

ok thats clear i will stick with cyh then. kmr will not move much for at least a year imho.

I'm with PET with todays' closing price 124.5p.

Super to have the nominations to the challenge. Following nominated to date. Suggest we keep list open until close of play Friday. will fagg: you nominated SEY because SPS was taken but still available if you want to switch. No nomination yet, ptholden - we need you as our official chart man! Could johngtudor continue mentor role?

company EPIC nom. by price, p no. shares (m) cap. (m)
ASOS ASC all 56 67.97 38.06
Petroceltic Int. PCI johngtudor 15 484.975 72.75
Yoomedia YOO EWRobson 22 125.538 27.62
Petrel Resources PET sandrew64 124.5 58.625 72.99
Sterling Energy SEY willfagg 17.25 822.712 141.92
Stanelco SEO bosley 4.5 78.225 3.52
Civilian Content CCN capa 16.25 41.883 6.81
cybit holdings CYH Kivver 1.82 988.952 18 00

Just to repeat the purpose. Its assumed all are in ASC and looking for a performance along the lines summarised well by johngtudor in 428. We are looking for shares which will emulate ASC to strengthen our portfolios. I will report progress on or about the first of the month. I will include an evaluation of the overall portfolio with equal investment in each share at the starting price. If good, it could be submitted to Shares; if not so good, we'll just use it as a learning curve!

I've included the cap.; clearly easier for the really low cap. shares to double but nothing wrong with that; perhaps easier for them to go belly up as well!

Roll up, folk, put your mouth where your money is!

Eric

ok i will stick with sps seeing as how i have said it will be the next asos( performance wise that is)To be ohnest i hope we all cross the line together as most of us hold several of the above...i think . I certainly do

well done, willfagg, for the team ethic! Also for 'working' even later than me. Interesting that anticipated Xmas editorial for ASOS has already started. The negative comment pointed at ASOS that, because it is internet and start-up costs are not so significant, that it would be easy for competition to come in and 'do a Tony Blair', nees to be questioned. Tke key factors of customer and brand loyalty are not nearly so easy to achieve. ASOS have established a lead in a clear niche market and I suspect it would be an uphill struggle for anyone to make inroads. Management also clearly have flair, vital for this market - where are M&S? Christmas might come early!

Eric

YOO is a Play of the week in Shares and worth looking at (see bb)- mornings largest riser; EVO price target of 35p, likely to be revised upwards. You energy guys (includes gals) not having it all your own way! Mind, I have been sucked into PCI, PET and SEY. Not letting the ASC holding get any lower, though.

Eric

I am with you on PET,SEY, also have FTO with exciting prospects in China on oil and gas. Oh forgot also in YOO.God blues a lovely colour.....keep it coming

been away in Spain for three weeks and now catching up (360 out of 435) Thanks to all for keeping the thread alive,alive o, very interesting reading so far

Eric
Welcome aboard to PCI, PET and SEY.I also have a fairly small holding in FTO. Not been with any of these for very long but having a good time so far. You came off remarkably unscathed with EPO wish I could say the same. Still flinch whenever that name is mentioned - they say time heals all wounds. Good day today ...long may it continue....please...,pretty please.

I thought the write up on YOO was fab though think it will take a year or so to take off. biofuels also looks very interesting for the future. the futures bright the futures yellow (disel)

Thanks for arranging that EW. A similar thing happening on thisismoney message boards where the tipsters have done very well. quite a few shares gaining between 20 and 100% (pci)

I read Evil K is shorting ASC and giving details on his site, anyone know what he's forecasting and why?

Not read it but heard he thinks it is model anyone can use (ie no patents) so could soon be open to competition. Not sure of his other reasons.

Eric,

Just got back from a week a work. Bit of a shocker having to earn my corn, but the hotel was OK!

My choice is CFA, Epic CFP. Interesting comments on the CFP thread.

I think you have called ASC right thus far, certainly a quiet period now and appears to be trading within a determined band. Any good news and it will be off again. Still might dip though, although slowly losing my conviction that it will!!

Good to see YOO on the up, I am sure it was trading at 20p when I disappeared on Sunday! A very good week for you!!

Regards

PTH

ptholden and team

Surprised you can earn more money working than stock-picking! Included CFP at today's close - looks interesting and will study it over weekend. Cap. makes it look less of a task to double. Have updated table with Friday close and value of 5000 investment in each - at middle price for simplicity, which favours smaller shares, and rounded.

EPIC nom. by____ buy,p_ iss.cap cap.(m) shares_ 08/10__ value__ gain%

YOO EWRobson---- 22_____ 125.538 27.62_ 22700__ 26.25__ 5958.8_ 19.32
PCI johngtudor-- 15_____ 484.975 72.75_ 33300__ 16.50__ 5494.5_ 10.00
SEY willfagg---- 17.25__ 822.712 141.92 29000__ 18.75__ 5437.5_ 8.70
ASC all--------- 56_____ 67.97__ 38.06_ 8900___ 58.50__ 5206.5_ 4.46
PET sandrew----- 124.5__ 58.625_ 72.99_ 4000___ 129.00_ 5160.0_ 3.61
CCN capa-------- 16.25__ 41.883_ 6.81__ 30700__ 16.38__ 5028.7_ 0.80
CFP ptholden---- 0.7____ 619____ 4.33__ 714000_ 0.70___ 4998.0_ 0.00
MPH dawsinho---- 33.75__ 120.455 40.65_ 14800__ 33.75__ 4995.0_ 0.00
BNH legend290782 77.5___ 15.065_ 11.68_ 6450___ 77.50__ 4498.8_ 0.00
CYH Kivver------ 1.82___ 988.952 18.00_ 275000_ 1.70___ 4675.0_ -6.59
SEO bosley------ 4.5____ 78.225_ 3.52__ 111000_ 3.88___ 4306.8_ -13.78
_________________________________________________totals 56259.5 2.29

Chose the right week to start with YOO! Almost totally due to being Shares play of the week, plus good IC write-up. Amazing that significance of MMTV acquisition (see bb) not picked up in press until Shares write-up. On previous record, may settle back to give better buy opportunity, although EVO could revise target price upward soon from present 35p. Hope some of you got in at 20p.

It would be good to have a tenth nomination (but see posts below) to round the portfolio off at 50K, but needs to be in by Monday. I am now in top 5 and looking at others.

Eric

Eric,

Have been keeping an eye on this portfolio over the past few days, very interesting.... will chuck my nomination into the bag to round the portfolio up to an even ten!
Well here we go........... MPH (Marchpole Holdings) Feel there's plenty of upside still to come from this one! Would like to add that PET has got to be the fav so far though, but thats been taken already! grrr

Cheers,

Phil

Eric,

Or Broker Network Holdings (BNH) can't believe no-one has spotted the potential... It is generating cash and should be minimum double from where it is now.

My article got published in shares mag a few weeks back, they certainly think it has massive potential... if you look at the comments they put.

As for ASC, I really don't know where it is going from here...I was going to buy back in but the fact that the FD sold his shares and the Chief exec seems to be dripping his out 'to satisfy institutional demand' made me think again. There are still buyers around, but I personally think they are trying to get a good deal on the business and sell it... and besides I am just about all in with BNH I only finished uni last year so don't have as much money to play with as you guys!!!

dawsinho, legend290782

Welcome aboard! I have added your nominated shares to the portfolio in 443 at Friday's close mid-price. That makes 11 shares so a 12th would still be welcome to round things out by Monday. I suspect PET is probably the favourite but obviously very dependent on Iraq which must put it at quite high risk. Just looking at CFP which could be a contender from its low offer cap. Several shares, including CFP, have touched double the current price and fallen back, possibly with little justification. The case for YOO, for instance, is far stronger now than when it was trading at 50p.

I would personally agree that, with lets say up to 10K to invest, putting it in 1, possibly 2, shares. There is an interesting article by 'overgrowth' on the CFP bb making just this argument, against the conventional wisdom of spreading your risk, based on a book called The Zurich Axioms. My own portfolio of rather over 100K is split four ways: 36% ASC; 26% YOO; 20% AZM; 18% energy (PET, PCI, SEY). I am comfortable with that sort of split because you can get to know the shares very well, sometimes better than the professionals. If I become keen on a new share, e.g. CFP, I could well start with a low stake on the basis that that will make me watch it more closely.

Eric

Eric,

Tying in your comments here with those on the CFP thread, personally I would reduce on AZM to free up some capital!! My Share Club holds an interest in AZM, unfortunately at a higher SP than at the moment. My gut feeling is that it will be some time before we start to see a profit. Remember, AZM experienced an explosive increase in its SP and now seems to have settled down.

On a different subject, I have had a fortunate windfall over the weekend and am now cogitating where to put the money. Preferably something short term; PET / PCI or SEY may be good options, although I think SEY is a longer term play. Hmmm, decisions, decisions!

Back to the title of the thread though. Have you noticed that very few posters are commentating on ASC at the moment. Usually a good indication that interest is waning, this lethargy will only change on news of some sort. If no news, long term and medium term holders may start to believe that the party is over and start to realise some profits, which will in turn drive the SP lower. Still looking to test that support, be nice if that happened this week, I might actually buy some. Chart by the way doesn't really give many clues as to the next direction, so we shall have to wait and see.

regards

PTH

PTH

Thanks for your comments re the issue of what to sell to buy CFP. I opened a bb on AZM a few weeks ago, prior to the interims, looking for positive news about a licensing deal for their obesity drug. In fact, the price receded as the management wanted to be further along the road before dealing with their crown jewels. The price jumped this week on a Merrill Lynch buy signal with a price quoted of 190p, suggesting the possibility of a takeover. I suspect a number of holders missed the CEO's comment to analysts that 'a licensing deal would not be completed before early next year' and stressed the need to have a partner which would be motivated to put the drug on the pharmacists shelves. They are a prospect to double within six months although I would rank them behind YOO. I will probably take some profits on YOO, which is a larger holding anyway, depending pon the relative movement of YOO and AZM on Monday. I will certainly take a 5% stake in CFP. For other readers, some excellent posts by PTH and Overgrowth on the CFP bb.

Regarding your own decision (lovely to have some new money rather than recycling existing!), it depends on the level of risk. Of the three shares, SEY is the safest play and PET probably the most risky. PET certainly has a lot of upside potential and could explode (not literally, I hope!). Posters seem to be very close to the company and it would appear that a decision in Iraq is highly likely within a couple of weeks. This is most likely to lead to a frenzy of activity before the cool light of day initiates a reaction. A short term investment in PET with a view to taking some profits on a price rise following an announcement?

Returning to the primary purpose of this bb, I have been impressed with your charts which demonstrate the value of the Bollinger Band theory - its super that your post above automatically updates the graph. Two newspaper articles this week (which you may have missed) suggests that ASC is really newsworthy and this might suggest that the price is unlikely to recede much. Probably worth building up the holding gradually rather than missing the market.

regards

Eric