Member Info for mogo

I suppose these moves are only small ones really,though the trend is clearly downwards for now at least.There must be some base level,the board should have access to finance from their backers.Really this is a complete mystery...

IF NG managed to reach over £6/share by January,together with the 2nd dividend xd. in Jan. you'd get maybe roughly about £100 plus £25 equals £125, per 1k invested,in only a few months.

that was a monumental post from you.I realy hope you can make a good living off some of your shares at least,in future,though you have been sorely let down in the past by people who denied you advice or even fair treatment.All I will say about politics is DC mentioned that word "fairness" and also "sharing the burden" several times in speeches recently.I really hope he means it... Anyway,I was also reading about how banks have the privelege of creating money out of thin air,in an article very long so won't trouble you with.In fact I'd rather not have known about it but I suppose that is the real world.Sir FG,the ex-director of RBS described how they repackaged debt and had no trouble re-selling it.Bond manipulations,paper money,debt-it has gone on for centuries really now all that has changed is computers do it all for you in a fraction of a second.

just in here with a bit in NG.I noticed the good 6.5% dividend with 2.9 times cover.See the Dividend Report Card for NG on the net,they say they hope to increase the dividend by 8% till 2012..I also noticed the SP the last 3 years has risen from early autumn-now-to about January/Feb. maybe due to cold weather and more use of the grid.At least will get the dividend -far better than the miserable bank interest these days.

just came in to glance at progress and find this is at the lowest I've ever seen.Why ? It is very disappointing,I suppose contrarians might invest now,but we need a bit of substance apart from blind optimism...

I was in this till recently and made a few profits.As to your various replies,I think I've said here before I solve my nervousness which comes from losing quite a packet on banks in 2008 by running an asset allocation pyramid portfolio.In other words(hope you look this up on the net) my investments taper off going up the pyramid as they get more risky.That stops me suddenly sinking a lot into a dangerous share.Cash or similar is the wide base.Yes that is boring but prudent.Now is in fact this is one of the most dangerous times for investment especially if you are 58 and in poor health.Did you see the pensions announcement yesterday ? Awful.Anyway,ASC is yes a great share but you still cannot put more in here than will stop you sleeping at night.New investors need a long apprenticeship which might involve the shock of losing money.Hard but true.I am not coming on here to damp you all down,but really no-one knows how these 18 to 35 year old women will react when they hear the austerity budget in just 2 weeks time.All well following fashion,but you need money for that.Look at an old grainy black and white photo of the 1945-50 austerity period,see the lack of fashion then-read up about it.The UK took from 1945 to just a few years ago to pay off the US wartime debts we ran up then,and this debt we have now is far far more.The UK population faces a high learning curve soon,many won't know or believe what is about to hit them.I still though believe ASC is a very good company but refer back to my 2008 with banks,I wasn't right then and I was an optimist then too...apologies for this post,but you are all such nice people I don't want any of you to be hurt.By all means invest in ASC especially on any dips.It should be good long term however even though the above..

In Shares magazine it says there is an 11% investor who has been building up their shares,they also supply ASC,they ask would they bid for ASC ? Can't remember the full name- it is Better something (???)

you look at the website it appears all their developments are gold-plated with all the bells and whistles as it were.Possibly the building costs are high requiring a very high letting level to compensate ?

yes this seems still a mysteriously-low priced share.There are plenty tenants on their sites now,and India is doing well,while finance doesn't appear lacking.Perhaps HRCO is being held back as some here say, by internal machinations ?

base again ?

yes I see that.Even ASC will not deliver much upside on a £500 stake,barring astronomical SP rises.Even if it doubled I'd only get £500 profit! So when I return here I'd better try to put in a good bit more next time!

I agree totally with that.However I have immediate cash calls elsewhere,both in shares and in r/l.I will return here at a time of my own choosing.I did the same several months ago and luckily got in and out at a good time.I do not claim any second sight though.Good luck here to all my friends.I may post here from time to time till I again buy here.

sorry tomo,sold ASC again.You and I agreed that over 1000p was beyond our dreams for before the end of 2010.So selling at 1166p cannot be bad.Also,I only had in £490 original stake.I cannot go into here why that has to stay low-I cannot be strong in all directions.I am not well off.I also need to be careful with what money I have.You know I lost a lot in 2008/9.Anyway I hope to return here,again at a suitable time.Will be posting here too.Usually when I leave the shares rise so you have that to look forward to,lol.G/L.

yes tomo I thought I was having a laugh going for 1000p by year end,but here we are.Wouldn't mind a few weeks back below 1000p to take the pressure away for a bit.Also it will let others jump on the band-waggon.No hurry at all,take a step at a time.If I sold now I'd just be looking for another good one,and where would I get one ?

one new factor is the huge rise in the price of cotton.Two ways to look at that,people will not afford clothes easily,on the other hand- ASC's ranges are not dear anyway,and people need and want clothes.ASC should be able to go on undercutting shop-based clothiers,which are tied to expensive city centre buildings.

progress so far..

have a mkt. cap. given in yahoo uk finance as 63.79bn which I take to be in $.However their p/e is nearly 60.So 1. they could easily afford ASC. but 2. they are a bit over-extended themselves these days,ASC too having about that p/e.After the results the share mags. will again highlight the high p/e for ASC and again say they are over-valued.I'd guess then the SP will fall for a bit.Then we will see.

ud at least get a bit of profit.Does the ASOS CEO strike you as the type to get out/get rich quick ? If he did consider selling,I would assume he doesn't see a long term growth future here.As Rad said,growth in the UK/US cannot continue linearly much more.Even well-off teenagers might be feeling the draught soon.At that age there's no mortgages and student loans are deferred,the priorities are looking good and being happy.Their parents will be feeling the squeeze though.Every man has his price applies even to rich investors,though their ambitions might balance that.

I would guess that after the next update the shares might be downgraded a bit,this happened the last time after "experts" contrasted the high SP with the very good forecasts from ASC.They said the shares were over-valued at these levels.So that is what happened,the shares went down below 900p for a while.So if anyone sold early next week,they might find a similar situation.If I sold now I'd only make about £50 net,so small beer lol.Prob. I won't sell,just watch the shares fall and then come up.I did that the last time.

I wouldn't blame anyone selling now.You can return later on any weakness.It is never wrong to sell anyting for a gain,in fact often you have to sell at a loss for other reasons like cash flow or sheltering from bad times.Yes,the US and world markets are in a mess.ASC cannot expand linearly,nothing can.So I might sell too who knows ? In any case I only have a small amount here,and that won't change.Retail is always going to be difficult going forward the next few years,so I say take profits whenever you feel you must.