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!!

I've been through the balance sheet and that's why it's on watch. As you mention the balance sheet I assume you've been through it so should know that ASOS is trading well inexcess of it.

Not really sure what you mean by "excess" or exactly "excess of what".
There is nothing in balance sheet what would suggest asos is trading well in excess.
Now
I know that your net asset value or NAV sounds pretty serious especially in short but is useless here.Without getting into details Nav is overvalued every year even back to time when price was 400.
The big money don't use Nav to keep buying.I bet you may see that(see chart).
In short Nav is good with not known future and volatile earnings record- nothing to do with asos and Nav is mostly value of death business- no one is dying here (you? :)) -- exactly opposite.

Belive it or not 8000 is about getting close to sticker.but just...
proud holder.

post removed....

shortie - i got so bored with tomasz's regular pretend pidgin and inability to write intelligible english and his other nonsenses that i took the unprecedented step of squelching him; it's been bliss as i'm now not even tempted to look at his posts .... you may (or may not) wish to consider doing likewise

6900! go baby! lol

61....62.....63.....64.....65.....66.....67.....68.....69 in 5 days ! lol
I love this thing making naysayers an utter idiots.
and my stock account exploding in the same time.
money never lie.lol
I love it :))

shortie - the great thing about the sp continuing to trickle higher prior to results, is the ever higher downside risk

Yea yea, exactly right ! Dumbness at its best ! More of that
please ! Mega lol

And i thought dumbness reached its limits and gone forever when sp proved opposite at some 2000 level ..i was so wrong... dumbness exist even todays!.....mega lol...future looks mega laughable !

Cynic, this will be my last post on this thread... No doubt I'll take a position in ASOS at some point this year, but won't post it. I think this is by far the easiest way to proceed without abuse..

Tomasz, you remind me of that Russian cosmonaunt Lev Andropov in the film Armageddon, alone and left to your ramblings... Good luck with your position..

lol! I like it !
I can understand it ,he was brave, mad and good, good luck to you too.. and remember - anytime baby...

shortie - i regularly follow your posts, even if i don't act on them, so if you find another medium, i'ld be very happy to hear .... of course, if you squelch tomasz as i did, then his rubbish no longer registers or annoys

brown-nose cynic and his product of old, damaged and further shrinking brain at best! just epic !!

anyway, back to business..at 6900 I've got P/E 140, but to next year earnings just 107 .no problem.incredible is how high can be priced highly well sorted business.all about believe in these laws and pulling the trigger at lower levels.:)
--
btw P/E doesn't really matter, hope everyone learned...

Yes, yes, we all agree with you that p/e for ASOS isn't important at all, never has been, never will be.

I almost bought that..lol...well not just for asos...its for anything.

Almost 7000 hit but finally see signs of exchaustion :)

Exchaustion my ass. 7008 close! place of terrorrrr :-)

Extraordinairy company.....market cap a teeny weeny overvalued possibly ? ....still can't understand how do people buy clothes online...how do you try them on ?.....I asked some French female friends of mine whether they would consider shopping online for everything and (they know a heck of a lot about clothes)....out of the question was the reply....you would order the wrong sizes all the time !....that's been my feeling all along for shopping online...but hey !...astoundingly successful company....sp got to fall off the edge of a cliff sooner or later...

I can buy shoes on line rf i definately know my size.