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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

RoyMarklove - 29 Sep 2003 13:58 - 2 of 5923

I bought these shares sometime ago on a brokers recommendation, the trading on them at the moment is very thin,does anyone have any thoughts on this company?

wilco99 - 29 Sep 2003 14:39 - 3 of 5923

Results just out. Large amounts of trade and a sharp rise in the price. Should keep rising for a tidy profit.

RoyMarklove - 03 Oct 2003 19:23 - 4 of 5923

Price today 4.75p a good opportunity to buy into this stock. Christmas trading should see an improvement in this price

foxwell - 12 Feb 2004 17:39 - 5 of 5923

On the move today, Shares expects results to be strong on 20/2

ckmtang - 12 Feb 2004 18:22 - 6 of 5923

how do yo know.

foxwell - 12 Feb 2004 19:24 - 7 of 5923

Article in todays shares mag. Users of the website growing at 10,000 per month ! Moved into profit in Dec with 1 million cash in the bank. Results due on 20th February.

thestatusquo - 12 Feb 2004 19:38 - 8 of 5923

Evening all!

Seem to be several threads for this stock. I posted chart, & comment on the other one, but no point in having 2 discussions!

An internet retailer making profits!!!!! I thought I would have a bit of that!

Expect a positive run up to results announcement next Friday.

400,000 profit expected by broker Seymour Pierce, rising to 1million in 2004. Chairman was confident of meeting expectations with strong Christmas trading.

A p/e of 30, would see a share price of around 18pence. From current 10pence it looks well worth a punt.

Doshmaker - 12 Feb 2004 19:54 - 9 of 5923

I have 250,000 with an average price of 7.93p. I will certainly be holding until at least results day.

thestatusquo - 13 Feb 2004 12:01 - 10 of 5923

Looks undervalued if profit forecasts are met next Friday. I have taken a stake in anticipation of good results.

It sometimes pays to buy the rumour, sell the fact! Chart looks positive and chairmans remarks in Christmas trading update were bullish.

thestatusquo - 13 Feb 2004 16:21 - 11 of 5923

draw?modeMA=Simple&enableMA=true&epic=AS

thestatusquo - 13 Feb 2004 16:26 - 12 of 5923

Market cap still only 6.2million, 1.1million cash in the bank, puts stock on a very low p/e.

Results due Friday 20 Feb.

thestatusquo - 15 Feb 2004 13:34 - 13 of 5923

Price has risen strongly since Christmas trading was up 75% on last year.

Fridays results, in addition to profits, will show increased subscriber numbers and margins retained.

18pence is my 3month price target, although it could get there more quickly depending on reaction to Fridays figures.

thestatusquo - 16 Feb 2004 13:41 - 14 of 5923

Here we go! That's got us started on the run in to results on Friday.

11pence still looks very cheap, I'm looking for fair value around 18pence come Thurs/Fri.

All IMHO.

thestatusquo - 16 Feb 2004 15:50 - 15 of 5923

Volume up, chart very positive short term.

My price targets are based on following profit forecasts:-

2003 - 400,000 - p/e 40 - 24pence
2004 - 1000,000 - p/e 30 - 44pence

Any views out there?

thestatusquo - 17 Feb 2004 16:16 - 16 of 5923

Good private investor buying again today, buys outnumbering sells strongly.

This may be an internet stock to hold for the long term, particularly if the brokers forecasts in my last post are met.

foxwell - 18 Feb 2004 15:33 - 17 of 5923

Why do you think this is dropping back when results are due friday ?

thestatusquo - 18 Feb 2004 16:35 - 18 of 5923

Private investor money seems to be spread very thinly over many micro-cap stocks at the moment.

You only have to look at this discussion board to realise that. Thin money is chasing many dream stocks which are priced on potential.

Perhaps the market isn't going to pay fair value for this stock until it proves its worth in black & white.

I see it as a fairly low risk punt myself on valuation grounds. This company has 1.1million in cash and its market cap is only 6.5million. Any profits, profit growth potential, or positive earnings surprises are being thrown in for nothing at this price.

I stick to my fair value for this one at closer to 18pence. Whether it takes 3 months or 12, that's still a whopping return.

WOODIE - 19 Feb 2004 10:49 - 19 of 5923

just brought 10000 at 10.66 heres hoping results live upto market hopes?

thestatusquo - 19 Feb 2004 12:34 - 20 of 5923

This stock looks like an excellent long term buy, given estimates for next 2 years.

Definitely undervalued at these levels.

WOODIE - 20 Feb 2004 07:13 - 21 of 5923

just seen results not much excitment in these,see how day pans out hope the mms dont mark stock down to much?
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