Member Info for Rustyrenault

I have subscribed to Small Company Sharewatch for many years and also its sister magazine, Momentum Investor. One of them recommended Asos when they were 28p! There have been some failures but, on balance, their recommendations have done very well.

Yes, recommended by Small Companies Sharewatch this weekend. Same outfit recommended ASOS at 28p! back in the early 2000s. I bought a bucketful and sold at around 70 (pounds not pence!)

Recommended by Small Companies Sharewatch this weekend. Same outfit recommended ASOS at 28p!

I've used SCSW magazine for around 20 years. It recommended ASOS when they were 28 pence. I bought 30,000 and sold them at around £70, which I think was about 2013. None of my others have done as spectacularly but I can honestly say that my investments have probably done far better than if I had been lining the pockets of some investment firm. Next week I'm off to spec up my new Roma, something I could never have dreamed of 20 years ago!

I have subscribed to SCSW for years and also the Momentum Investor, its other title. One of them recommended ASOS which I bought at 28 pence (yes, pence) in around 2002, when they nudged £70 some years ago I sold them. Not all good though as I think Tullow Oil was also recommended and my holding got to over £150,00 in 2013 but I didn't sell. Now worth about £6,000 but it's all swings and roundabouts!

Invest Direct from HSBC does not seem to recognise SUP as the code!

I bought at 28 pence but sold when they got to £70 a few years ago. And, yes, the Ferrari is very nice to drive

Page 27 of last week's Investors Chronicle states that Ashtead is on S&P's watchlist as a potential fallen angel. Is it time to get out?

I bought at 80p so doing well here. I also bought Globo which have gone down the tubes and Tullow which got to around £16 last year and have since fallen out of bed. My star buy was Asos which went from 28p to around £70! As far as I remember all recommended by either The Momentum Investor or Sharewatch. I took control of my investments many years ago after visiting a stockbroker in London. Their offices were just ridiculously over the top and all from the money provided by their clients. You can do it but you have to take the losses as well as the gains and advice from newspaper columns and magazines is virtually free but, like stockbrokers they don't always get it right either.

No share is a bargain at £52. I bought 30,000 ASOS shares at 28 PENCE - that was a bargain, especially as I sold them when they were approaching £60 a few years back. And yes, my Ferrari is very nice - thank you!

Only by chance I spotted your post! Yes, I bought 30,000 @ 28p in 2004, sold a few at £18, some more at £30 but the bulk went at £48 netting a tidy profit for me and the taxman. Now I'm hoping that Boo Hoo will pull off the same trick, even if it does take another 10 years!

Well - goodbye Asos! I bought 30,000 of them in 2004 for the grand total of £8000. Some have gone before but the last batch of 20,000 shares went last week. Only time will tell if this was the right decision but but with the share price as high as it is there's a long way to fall. Historically the market has had its ups and downs and so the proceeds will have to sit and wait for another down! Give it time & it's sure to happen!

Yes! But why?

Hardly a waste of life opportunity! I have to pay tax which reduces the value of the gain. I also have other shares which are gaining and a bucket of cash waiting for the next crash! You can't get too greedy can you?

Still got a holding of 20,000 bought at 28p. Sold 5000 @ £18.50 & another 5000 @ £33. The rest is my pension fund!

Well, that's a result. Just sold 2000 at 30.24313 Bought nearly 10 years ago at 28p!

I bought 30,000 at 28p (yes, 28 pence). I have never, and would never, buy at the level they are at now. What goes up can come down and it's too much to gamble! If they get to £25 I might sell a few!

As you will have seen in the press these were directors sales, presumably taking advantage of the high price and hopefully nothing sinister! Also in the press it reported that Denmark’s Bestseller has 27% of the shares and if it increases its holding to 30% it has to make a declaration of its intentions. I imagine that if there was a takeover bid the shares would take off again.

I have posted on here before, Treadstone, but you may not have seen it. I bought just under 30,000 at 27p back in May 2004. I sold some when they were between £18 & £19 a year or so ago but still have 25000. Asos was written up in a magazine called Momentum Investor, sister magazine to Sharewatch, both available on subscription. They have also recommended companies which have gone bust so they don't always get it right.

This one is a punt! There are two magazines, Sharewatch & The Momentum Investor which are published by the same outfit and the subscription is now around £150 per year with a monthly publication which runs to eight pages, so it's not cheap. Some of their recommendations, which I have purchased over the years, have totally fallen out of bed and I have lost tens of thousands on them. (At least they can be offset against tax)! On the other hand some have done remarkably well including Asos and Tullow Oil. Zattikka is one of their latest recommendations so I have just bought 10,000 of them. Let's hope it is one of their successes rather than failures! When they recommended Asos I bought 30,000 at 28p the rest is history!