Investors in online fashion retailer Asos should hold on to the shares for the next six months but then consider taking profits as the Telegrapgh wonder wonder how long its stunning sales growth can continue. Operating costs increased by 26p% over its last full year. While costs fell as a percentage of sales fell, that is a big increase in overheads for any business, however stunning sales are. Hold says the Telegraph.
..haven't been around, for a while.
But came in short, increasingly, from 1399p to 1427p; out from 1377p to 1372p
- probably too early, but will watch. This one can really fluctate, during the day! ATB