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ASOS: BUY AT LOW PRICE!!!! (ASC)     

wilco99 - 12 Sep 2003 15:52

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!!


Chart.aspx?Provider=EODIntra&Code=ASC&Si

tomasz - 26 Apr 2012 11:28 - 3821 of 5941

Unless you mistaken..?you got to be kidding me...:) you got to be long or short with that claim.not somewhere in the middle.these undirectional mumblings got no electricity.things not working grey- ish way here

cynic - 26 Apr 2012 11:35 - 3822 of 5941

cut the shit; you're more than capable of writing proper english, so kindly do so ..... if you want me to check then i shall, though as many of the members on this board use s/b (i don't), they will be able to tell me whether my premise was right or wrong

tomasz - 26 Apr 2012 11:37 - 3823 of 5941

Been in a car shopping for nice chicken and pork and lamb for barbecue later, not selling any house

tomasz - 26 Apr 2012 12:01 - 3824 of 5941

Did you ever consider yourself to be on the position/state of mind/wealth/knowledge not capable/jble to find the truth for yourself?

tomasz - 26 Apr 2012 12:03 - 3825 of 5941

capable/able

cynic - 26 Apr 2012 12:24 - 3826 of 5941

i am perfectly capable, but am also trying to run a biz which can be slightly complex at times ...... meanwhile, i'm 97.5% certain that i am correct

robinhood - 26 Apr 2012 12:57 - 3827 of 5941

cynic i do not know why you bother- the guy is an obvious nutter

cynic - 26 Apr 2012 14:04 - 3828 of 5941

i have long followed (watched) ASC because i have always found its rating totally unjustifiable ......
anyway, just for general info, though known by most i am sure - i was 150% correct in my assertion re stops

skinny - 26 Apr 2012 15:15 - 3829 of 5941

150% correct - that's some trick! :-)

Balerboy - 26 Apr 2012 15:18 - 3830 of 5941

you know cyners, skinny.,.

cynic - 26 Apr 2012 15:32 - 3831 of 5941

not known as tricky dicky in some circles for nothing!
i wonder if we have now seen the last of that nutter

tomasz - 26 Apr 2012 16:15 - 3832 of 5941

ill be here, not too worry

dreamcatcher - 26 Apr 2012 16:25 - 3833 of 5941




April 26, 2012 2:26 pm

Asos shares fall after sales disappoint
By Jennifer Thompson
Shares in Asos fell more than 11 per cent after full-year sales at the online fashion retailer came in below analysts’ expectations, contributing to concerns that growth would slow.

Sales rose 46 per cent to £495m in the twelve months to March 31, lower than a consensus forecast of £505m. UK sales rose 7 per cent to £197.9m in the period.

Shares in Asos were down 11.08 per cent to £14.20 in midday London trading.

Fourth-quarter sales, excluding postage and packaging, rose by about a third to £124.2m, prompting concern from analysts that this could foreshadow a longer-term trend of slowing sales.

“They’re defined by a top line outperformance,” John Stevenson, analyst at Peel Hunt, said. “The market is looking for overall sales growth of 40 per cent next year, so is the fourth quarter a blip or is there a risk it will fall short of expectations going forward?”

The UK is still Asos’s core market, accounting for about 40 per cent of full-year sales. However, countries outside the US and Europea are the fastest-growing, with sales up 185 per cent to £136.8m for the year.

Nick Robertson, chief executive, said: “I am pleased to report a strong fourth-quarter performance for both our UK and international businesses.”

He added that pre-tax profit for the year to March 31 would be in line with expectations. The consensus estimate is £40.48m.

Asos has websites in the UK and several other European countries, the US and Australia, and ships to more than 190 countries where it does not have a local online presence.

While historically it has launched country-specific sites, it is developing a single web platform on which the same content can be rolled-out in different alphabets, such as Russian and Chinese, which will become operational next year.

Revenue from international sales represented 62 per cent of the group total at the end of the period, up from more than half last year.

halifax - 26 Apr 2012 16:30 - 3834 of 5941

cynic are we looking for sp below £10 as the retail bubble bursts?

dreamcatcher - 26 Apr 2012 16:31 - 3835 of 5941

Just looking back wow. I can agree with you there halifax thinking the same.

Doshmaker - 12 Feb 2004 19:54 - 9 of 3833
I have 250,000 with an average price of 7.93p. I will certainly be holding until at least results day.

cynic - 26 Apr 2012 16:40 - 3836 of 5941

i can't think at what price i'ld actually marry money with mouth ..... i cannot see anything good in uk mid-price retail - it's been vile for the last 2/3 years - notwithstanding that ASC have a large overseas clientele .... also, i do not think their product quality is very good

i suppose 1200 may be worth contemplating, though i shan't

tomasz - 26 Apr 2012 17:31 - 3837 of 5941

a bit of hopeless anticitaptions...

skinny - 27 Apr 2012 10:08 - 3838 of 5941

Are they on drugs!

Societe Generale retains it's Buy Tp 2,500p

cynic - 27 Apr 2012 10:37 - 3839 of 5941

they're prob trying to promote so they can sell into any rally

tomasz - 27 Apr 2012 11:00 - 3840 of 5941

Just adedd 315 shares at 1398
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