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 think it will be interesting to see what the papers say over the weekend, already shares magazine and investors chronicle have tipped them yesterday and today... i can only see good things.... except in the telegraph that is!!

Positive bounce off short term moving average confirms my view of 18 pence as fair value level.

Sunday Express has bullish article on UK internet shopping trends adding further positives.

Shares Mag tipped the stock again. Still capped under 7million with 1.2million CASH in the bank. The sales and profits are being thrown in for next to nothing here!

Am I missing something? or is this stock still about 50% below the price level it should be.

18pence would put the stock on a prospective p/e of 12!!!!

shares dropped off a bit, agree with status quo... share is significantly undervalued...

Dont see this going over 12p as profit takers come in.

judging by ADVF site, there are too many peeps in this stock. It is looking a bit like private investor buying being absorbed by large insider selling. Not comfortable but still holding for now.

Anyone seen any price targets for this stock.
Regards

yes, price target 15p... if they get any cheaper... i might take them over myself!!!

Legend

Is that your price target or a brokers
(and if the latter, which broker)?

It is the price target from citywire my friend, sorry I didn't get back to you earlier. I have been looking at gaming international at 47.5p lately, they are holding an egm on apr 3/4th and it looks to me they are going to kick out the directors that have been creaming a lot of the profit from the company... plenty of assets.

Also, clinton cards are expected to perform well, a reliable source told me... these could be ones to consider.

As for asos, I am holding on to mine and it should at least go up another 50% from where it is now... based on its results, cashflow etc and you never know a possible takeover in the pipeline ;-)

cheap as chips now, may go lower but any buy under 10p is a HUGE bargain.

yes.. i have bought a few more, it seems to me that if there is no trade on them the mms just move the price down

Amazed that there hasn't been a squeak out of this bb despite a 20% rise on the back of the FD's share purchase. We're all a bit mellow out there arn't we (or are we just keeping it a secret)!!!

A fair price for the share at last...

legend you target of 15p has come good my target looks set to be met 21p by year end.

WOODIE - that's rather conservative don't you think.
30p more like.
Based on 2004/2005 an eps of 1.5p which the CEO has declared he is comfortable with, must have a pe of 20 due to the phenominal growth this is going through & will continue to do so for a few years to come...1.5px20 = 30p....
remember Tescos is on a pe of 17 & internet stocks such as AOL are based on multiple of sales....
2005/6 I am looking for 50p/80p...

recruiterr better to be safe then sorry

Biggest % performer today up nearly 15%...

Hope you are all correct with your forecast as I am tempted to sell but if you think it's going to fly ..........?!! Fingers crossed.

christmas has come early as my 21p end of year forcast has been meet,still not tempted to sell any.at some stage profit taking will appear.