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!!

Yes woodie, they left me for the weekend right inside the wash (i think for now), so i need a little drink now, got enough watching this game whole day ..cheers:-))

Massive 57.5 pt open window after wash, couldnt ask for better for now, yet we run right to the seller above 2030.tons of traps everywhere, but once they clear them there is a lot of points on the way.
----
Hopefuly they will run these bastards stops..

ubs buy note issued today

This has been a very tough year for Asos with a 70% or so cut to 2015 earnings per share forecasts. Underinvestment in the IT platform has been uncovered by strong sterling and this has been compounded by significant investment in global logistics. We believe the strategic decision to invest in local logistics, pricing and IT to maintain sales growth is correct even at the expense of short term margins.

However, in our view global online fashion is becoming more competitive and longer term earnings before interest and tax margins will be dictated by execution and efficiency. In this regard scale and platform are paramount, and we think significant value could be added to Asos via a combination with a larger online retail organisation which could amortise IT and logistics costs and improve the transactional foreign exchange risk.

We think Amazon might be the best fit and could pay £50 per share.

Amazon intends to increase its international and clothing exposure and is not averse to consolidating the online retail space. The acquisition of Zappos and rollout of Amazon clothing has hinted at the ambition but we think an acquisition of Asos would increase the strength and number of brand relationships and give access to a fashionable, low price own label offering. We estimate that utilising the Amazon advertising relationships, brand awareness, Amazon Prime customer base, logistical infrastructure and importantly the IT platform to allow more sophisticated pricing and promotional strategies would have the potential to more than double the current Asos margin.

[We] re-iterate a buy rating, moving the price target to 4050p (from 4000p). Our old price target was based on discounted cash flow. We now value Asos on a combination of 50% discounted cash flow (3100p) and 50% on a takeout premium (5000p) as we see increased likelihood.



Much would depend on the attitude of Danish clothing group Bestseller, which owns 27.4% of Asos. It could sell its stake to any bidder, but equally it may consider buying more shares itself to raise its own shareholding. If it went above 29.9% it would have to make its own bid, but is believed to be reluctant to do that on its own.

Things looking very good and i dont mind if it goes right up to 50..even tomorrow..:-)

here here :))

still looking good.,.

Yep, major seller at 2282 massive window there so puking red a lot there, moved stop to box in 250 in case this stop here and play range, hopefully not..:-)

Fear and greed got me and locked in all, couldnt watch the round profit number gone, some 290 pts home.
As this thing not dead yet , watching.

Dead now.easy watching, nice coffee..:-)

Nice one tomasz! have to admit you have balls of steel trading this one, respect.

shame then that he has this affectation to write unintelligible english except when it suits

Nice to see him finally making some money, must have done those balls of steel being long off a +£20 a point fall over the past year..

impossible to determine whether or not he's making money even from this latest splash

Thanks Chris.
Anyway just come up with idea that if it want to do what i believe it could do that i want to be in to check it out.long 2114 small , tight stop.

She doesnt want to do it here.out 2000.

So, sp down 7% right after bid hoax .. media manipulation undressed big time...

post 5521, or shortie,..wtf ?!? lol
don't make me a lough...
I mean , your ftse down near 200 pts.. and will count, baby..
playing tough I guess...
still sucker to me...
lol

Yeah my FTSE is down, but my USD, EUR and Dax all doing very, very well... Unlike you of course can't win them all!!

Scrol back people and check Tomasz bullshit for yourself...


Shortie - 08 Apr 2014 10:47 - 5173 of 5527 edit this post

What you have to realise is that ASOS was trading at an extreme PE, not a problem if your able to increase your earnings year on year and grow vigorously. Profits however came in down 22% despite a sales boost... This shows that organic growth has dried up and it now needs to spend money to facilitate sales elsewhere.. The spending of money lowers the bottom line, decreases earnings and as such means PE either has to rise or SP has to fall to maintain the current PE...
tomasz View tomasz's profile - 08 Apr 2014 11:12 - 5174 of 5527

and again waste of space...someone who read shortie or whatever with no name -looking very knowledgeable thanks to just clever-looking-words would think oh yea...this one knows what is all about.
Like I said before the level of relevance of these posts here is meaningless.
anyway, profit is down because investment in China which will cost next 3 years before return and currency run up in Australia, Russia, and getting hubs in germany, usa, shanghai ready and quick. all facts well known from q1. you just need get statement read..
better inform yourselves ignorants.
Shortie - 08 Apr 2014 11:22 - 5175 of 5527 edit this post


profit is down because investment in China which will cost next 3 years before return and currency run up in Australia, Russia, and getting hubs in germany, usa, shanghai ready and quick. = The spending of money lowers the bottom line.
tomasz View tomasz's profile - 08 Apr 2014 12:55 - 5176 of 5527

no. what I said doesn't equal your thesis of spending money and bottom line and stock market price. that equal something else. you can obviously apply yours, its fine with me. trees doesn't grow to the sky.
Shortie - 08 Apr 2014 13:20 - 5177 of 5527 edit this post

You can dress it up however you like, I've been shorting and the SP has been falling... I don't normally bother to post here as I like idiots like you who want to buy the stock, it helps shorters like me make even more money!!

And yes, trees do grow to the sky, they grow upwards towards it where the light is... Maybe this is your problem, you think trees grow underground!!
tomasz View tomasz's profile - 08 Apr 2014 16:59 - 5178 of 5527

if someone is dumb that's fine with me, not all is reformable.
anyway, fantastic day, fantastic close, ive been waiting for that long plunge with that sort of day on the end for long time. the future looks tasty to me.:)

Course we all know what happen next, check the chart, Tomasz lost his money and mine multiplied quite nicely.... He'll never admit he lost, he probably never lost a penny as I doubt he even trades with real money....