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!!

This was tipped in Red Hot Penny Shares this month, got it in the post yesterday.

Well, will this pull back or reach new highs next week????

On a prospective pe of 15, not expensive for a growth stock.

Interims next month so may float around current price until then.

Any one with any alternative theories???

after many months of watching ( and kicking my own arse for not buying in at 10p) i finally jumped in today . feel like ive got in at this current bottom . can see a good run to interims.

morning all. time to get this thread going again as asos seems to be on a run upto the interims .

I am enjoying holding this one - it has had a great few days.

small write up in shares this week about this press release.

FOR RELEASE
2 JUNE 2004
7.00 AM

ASOS plc
('ASOS')
(Leading online fashion retailer)

Board Changes and New Senior Management Appointments


ASOS, the leading online fashion retailer, announces that Nichola Jane Wilkins,
aged 33, the Logistics Director, has today been appointed to the Board.

ASOS also announces two senior management appointments with Jonathan Jones
joining the company as Marketing Director from CD WOW! and Kate Davies as
Jewellery Buyer from DCK Concessions.

Following these appointments, Quentin Griffiths, the Marketing Director, is
today stepping down from the Board in order to take a sabbatical.

Commenting on the changes, Nick Robertson, Chief Executive said:

'Nicky Wilkins has played a key role in the development of ASOS and I would like
to welcome her to the Board. I would also like to express my sincerest thanks
to Quentin Griffiths for the contribution he has made to ASOS and Entertainment
Marketing and wish him well in the future.'

shares mag says reaction is positive to new board members and recommends the share as a buy.

up 3p now , fantastic.

blimey , now up 3,75.

Anyone wise to any rumours going around, or perhaps just pre-figure speculation?

i think its off the back of the last very positive trading statement.

price now ticked up 4.25p .
oo er , im turning into suehelen .:)

was asos tipped in ic today?

phew!!! 4,5p rise today. there is either good news around the corner , or it was tipped in ic , or this is the start of a ride ride upwards to the prlimenary results on june 30. anybody got ideas??

Tipped in FT today as a buy

Hi everyone - new to Money AM but a keen user of ADVFN.

Predictions on ADVFN seem to be around 50p for the results.

Any comments ????

Cheers.

would love 50p , but i dont think so . maybe 42/43p. bit of a pull back going on today after recent rises. nothing to worry about. prelim results due end june . can see another burst before then as people realise everyone is shopping for summer wear now , for hols, lots of spending going on right now, just ask my credit card.( took my gf shopping for hols). and shes now using asos. havnt seen asos advertising anywhere. has anybody seen asos advertising?

Down today about 5%. I think the recent rise was on the back of a buy rec from Seymore Pierce following the new management appointments made. Hard to know when the price is getting toppy. Might be sensible to take some profits before the results, since expectations are getting so high.

gallick , up again today . i really think this will be one of those pain in the ass , makes no sense shares that rise to result time , results come , they are good , in line with market expectations, and then the share price promptly falls like a stone , eg. , nsb , rtd , etc. i am holding for now . if i see 44/ 45p i will think again.

>> bosley

You may be right. Best not be too greedy and take some chips off the table IMHO. Difficult call since the fundamentals still look good.

looking at the share price today it seems there will be a steady rise in the share price running up to the results which are due on the 30th of this month.i hope others will have a view on this as well,results are anticipated better than expected but you never know these days.as always dyor.

The results will be better than anticipated.... but since that news, they have soared....so how good do they have to be? If they rise considerably before the results I will take more money off the table before the results.

cheers
gk