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!!

Eric, why would i want to crow?? I tried to help you... remember at 80p when I told you I knew of sellers and the mkt cap didn't stack up to an 80p sp.

As I have always said, I hate to see people losing money. You are entitled to your opinion and I am entitled to mine. I won't come on here again slating asos. I just think that given the current climate, this is a dangerous stock to hold. It is a bloodbath out there!!

If your in it for the long term then fine, but I think there are other pockets of value that can be found elsewhere: TND, XKO, TOA and of course BNH.

If you did go on BNH BB, you would be welcomed... anybody's view would be. The SP has suffered because of a lack of newsflow... no not good. But come July when they report, I am sure they will fly!!

I'm sorry you feel the way you do, I am just trying to help you.

As for shorting, not my style... you will at some stage come a cropper and I can't afford the consequences!! At least if you buy and hold, you can ride out the troughs (like bnh now)and sell at your target price. I bought most of my bnh at 61p.. will be a long time before I lose out on these!!

Send me your e-mail address and I will e-mail you my phone number.

Legend

eric dont take what others post to heart you have faith the same as me in the long term for this stock who cares what they post, cheers woodie keep smiling summer is coming

Thanks for the plus Woodie and the minus Legend - they proably cancel out to the status quo.

Legend: the shorting comment didn't refer to you. First, I did completely sell out my ASC holdings in the 70s. I have bought back in and am showing a loss. That's not a problem as its a medium, term position; say this year. The purchases were made on an objective analysis of the fundamentals. In my view, the price has fallen below the real value because of a concentrated shorting campaign. I actually don't have a problem with that and I accept I didn't take the existance of such a campaign seriously enough. However, that campaign will be over on or about the time of positive newsflow; I reckon that there is a better than evens chance that that will be during April. My objection is to the quotation of figures without any justification. Your 40p could happen (your friend's figure could not) but it needs to be justified. What does it mean in terms of projected pe's, etc. An argument on this basis can be fruitful. I accept that the market spends more time looking at the charts than the fundamentals, but you can't divorce them. At 80p, the sp had got ahead of itself with the benefit of hindsight, i.e. the warehousing problems. There was a clue to these in the Janaury trading statement. It may well be that Evil picked these up (I wasn't following his comments then) but they weren't picked up by the market, e.g. Lemminginvestor or John Marshall.

A tip in making up, perhaps two: ones you know well I believe; SEO and CFP. In particular, do read my post on SEO as the share is still a multi-bagger from here and should move significantly N in April. CFP is somewhat more speculative - the posts give the story.

Eric

Eric, as ever buy the company not the share. It's a good company with strong sales and a good team. When they have upgraded their logistics they will return to the expected level of growing profitability.

It's PE is 28.65 this year forecast to fall to 17.10 next year and 12.93 the year after with a PEG 2006 of .25 and PEG 2007 of .40. Let's assume PEG .50 for a medium term steady growth share with an enormous market share available to capture over the next 5 years. That suggests a 2006 PE of 17.1 X .50/.25 = 34 which in turn suggests an SP of double where we are now - which is your 1.00 by Xmas. QED.

This is fundamental analysis (which however wrong, is better than no analysis at all, because at least it's a base line plan from which to observe, measure and react to actual events as they occur). Guessing at where the price might be from a range of peesimistic to optimistic outlook onlife is fun, but not real in the end.

If we fall to 40p somewhere unpredictable between here and then, I wouldn't be a bit surprised, but my debit card would certainly react decisively!

SD

.

SD You didn't admit you were a daschund - your message just goes on and on and may meet itself coming back! Your calculations are fine: growth very cautious but that's not a problem. On second thoughts, the problem may have been cause by marketmaker who is trying to create a round the world market! Nice idea - does it maean I can watch these lovelies on the catwalk!

Eric

GesHUNDeit! (or something like that) - not sure what happened - its tail seems to grow like topsy.

marketmaker -if you edit your post as follows:-

copy/paste your link in the link box and then click on "insert website link" - it appears as a link on multi-lines in blue in the message box

then delete the original web link in your post.

The additional line length to the thread's posts occurred because a non-linked address needs to appear all on one line to work as a copy/paste into your browser.

This may return us to normal service.

SD

ASOS launching Internet TV

Ian
Are you able to sort us out back to a normal line length?
Thanks
SD

stockdog,

I can do - it is the link in post 1307 that is increasing the width.

marketmaker,

Do you mind if I edit your post to just a 'click here' for the link?


Ian

Many thanks, Ian

Topped up an extra 25k :)

Well done, MM, obviously a firm believer. I'm still in, although a little lighter than I was at one stage. Want to hear that the warehouse is up and running in good form.

SD

Stockdog, I sent an e-mail enquiry on Monday to joannem@asos.com (Press and Media Relations) to enquire if the new warehousing situation was on target but as yet no reply. Maybe if one or two other posters did the same, there might be something forthcoming.

I think that, with the target date end of May for it to be operational, there won't be much official response on any deviation from that plan just yet awhile, even if true. I will ask near end of April.

SD

Given that the chavs are in the ascendency, it could be worth looking at a possible new rival: www.cheapdesignergear.com

Can't find anything out about them for now apart from they are going to be offering everything from Prada to Stone Island. Got to admit it has more of a ring to it than ASOS.

DYOR

Two pubs in a road concept still works for me. With another entry to the market, this could reinforce the habit and draw in less up to the minute custommers in classic second wave.

Strange thing is the names! Asos is ok but cheapdesignergear is what people want these days. And only the Internet can offer that to them!!

I admit I know nuffink abaht yoof anymore.