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!!

clothes are a lot easier than shoes, that's for sure ......
ASC i think sells a whole mish mash of stuff from all over the place, whereas NXT for instance, sells just their own merchandise
it follows that if you know what size in Next you are, then you can buy on line in pretty good confidence that it will fit

with regard to ASC sp, i wait to see when the emperor's new clothes will register ..... for now, the city remians besotted

if i have read this correctly, assuming ASC meet the final quarter's numbers (+35%), then sp will be on a very modest p/e of 93
as with the dotcom companies, you can't possibly apply normal criteria with "emperor's new clothes"

lol. as is not just cynic but selfmade-expert cynic..
so, how on earth he's come up with PE 93 at sp 7008 ?
1-wrong article
2-wrongly copying article
3-didnt see article (well well..the last resort) and did own calculations..on what earnings..can we learn?
or care..lol

Expected to show boooooooming growth on the 14th. :-))

agree, business is flying.

We are all to lazy to leave the house. lol. I will listen for the 'Boom'. Plenty more left in the tank yet, imho.

I keep being told some of mine will fall, yes one day but in the mean time go with the flow. Good luck tomasz.

thanks dc. exactly this is what's happening, flow is up, normal corrections, young loves online stuff- market is huge, model is great, moat is big..valuation "out of mind" but within the market rules.just believe :)

Personaly i think 7000 in blue looks very sexy :-)

DC - Sunday Times Biz is whence i got my info .... it's quite a long article .... ST reckons t/o in Q4 to have gone from £249m last year to £335m, and on that basis, and to repeat above, assuming those figures are about right, then sp of £68.99 gives p/e of 93 on this year's earnings

i hold no position, so i have no axe to grind

Lol. Cynic got axe to grind because he's holding so-called expert position here (and there).
As dc didnt laugh out (loudly) cynic's PE claims , cynic got no place to hide when is grabbed by the neck so is trying redirect from me.
This year earnings after not known q1 yet are what ? Or is it this year a past year ended in August ? If current FY than is EPS include fixed assets or without it or is china cost included or not ?
Im not sure we may find out from selfmade-based-on-articles expert..
Lol

I bet he's digging down that article now..to see if is anything there about china..there will be nothing about fixed assets so he'll google it what is it...lol

NXT, which i believe has the largest uk on-line fashion sales, has a p/e of 19.23 on this year's earnings makes an interesting comparison with ASC at 90!

now let's see what the market makes of ASC's figures tomorrow .... the city really is besotted to what common sense (which seems not to apply) says is a preposterous degree

As you clearly showing no understanding for matter you have to wait for fact to happen and comment then-it will appear that you know something .lol

Cynic was simply saying let's see what tomorrow brings given the relative valuations of the two companies. NXT is a company whose market strategy seems to be spot on. ASC is as well, but is much, much more highly valued - for now!

I know what he'saying and what he doesnt. Dont need translation. I hope you know what you saying since you marked your 'understanding' of matter some time ago already.

Trading Statement

Highlights

· Retail sales +38% year on year (UK +37%, International +38%)
· International retail sales 60% of total (60% last year)
· Retail gross margin up c.90bps on prior year
· 7.9 million active customers* at 31 December 2013 (+41% year on year)
· Strong balance sheet and cash position

*Defined as having shopped in the last 12 months

so t/o is a little better at +38% than ST predicted at 35%
no idea how good the other figures are

anyway, i remain an interested spectator to see how the market reacts, though with pretty heavy falls across the board indicated, any sharp tumble for ASC (perhaps sp will perversely rise) may be dismissed, certainly by the resident expert

analyst reaction will be more interesting

Yep, as you got no clue you have to watch analyst, press and sp movement to get some picture..all meaningless for that matter. Its like sp move on the news indicate anything significant after meaninful run up to the news before that news was even 'known' (to the public).the whole game is done and now is time for suckers.

So we got 3% drop , is that means anything apart of the fact that whale having fun with running small and mid size traders stops? There is even no taking profit volume hitting the tape.profit taking was made on run up.reality is brutal for many .