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Still laughing too much doug thinking of those £3.78 buys.
Still waiting for you to comfirm your holding and average.
Been a good while now.
Same here. Shein is under the spotlight in the US so opportunity there for BOO is there. US has sucked up a lot of investment recently so looking forward to seeing if it pays off. Gla for decent news in the update.
Happy i'd be surprised if there are any surprises in the year end results.
I'm far more interested in the guidance for this year, particularly around Debenhams and US. Results to end Feb are probably too early to show a proper trend in the US, but we should hopefully see a trend emerging as we go through this year.
My couple of key watch outs are for revenue, where (as I've posted before) I expect to see Debenhams hold it back and investment in price. I'm hoping as we go through this year they get the balance better between price investment and margin requirements.
Frankly not got a clue how the sp will react, I'm more interested in the business for the next year.
I wish they would split Debenhams out for reporting purposes as I believe it has the potential to be worth more than the current market cap in the next two years.
"...coupled with some optimistic yet stretching claims about tomorrow's results."
Point to one such claim in my post. I quoted only from the Company's own guidance.
You are a very odd person.
All IMHO DYOR
Happy
"That’s the 200ma resistance cleared.
It’s touched the .236fib and still rising.
Next up the 100ma resistance and just touched. Clear it and it’s onto 37.50p resistance.
Rsi,Macd and Aroon direction are all positive. "
More indicators on the chart = more profits. Roger.
Well your much-vaunted "100p by YE 2023" fell flat on its face. So back again with "250p by YE 2024", coupled with some optimistic yet stretching claims about tomorrow's results. Quite laughable to be accused of immaturity when this is the kind of rampy pie-in-the-sky twaddle being bandided about with such seriousness.
That’s the 200ma resistance cleared.
It’s touched the .236fib and still rising.
Next up the 100ma resistance and just touched. Clear it and it’s onto 37.50p resistance.
Rsi,Macd and Aroon direction are all positive.
Someone’s loading up here and knows something we don’t.
Looking good now.
GLA.
…..
What is the relevance of your response to the content of my post?
Genuinely confused. You appear to lack maturity.
All IMHO DYOR
Happy
250p by year end. You heard it here second.
Don't worry if it doesn't hit that. Just add another 100p on top for the next year end. And again. And again. We'll reach a golden intersection between Happy and coasty's dream-like predictions. 650p by YE 2028.
Sorry correction should have referred to:
Sales: down 12-17% for full-year to February 2024* .
At the interim stage, they guided towards following:
Sales: down 12-17% for full-year to February 2023.
EBITDA margin: 4-4.5%
EBITDA: £58-70m
Capex: £75m
Gross margins were an excellent 53.4% at interim stage but no specific guidance was given for FY.
There was no guidance for net debt but at interim stage it was £35m so assuming balance of capex over H2 and no free cash inflow, we should infer it will be around £75-85m.
These figures are now well publicised and after guidance was reaffirmed recently, the market priced in a sales decline at the top end of the range of 17%. But this is all historic. What about the outlook for FY2025?
In terms of outlook, I will be looking for:
- recent sales trends i.e. post-period end and signs of stabilisation / green shoots in FY2025.
- gross margins and whether they have been maintained.
- Progress towards EBITDA margin target of 6-8%.
- Net debt to start coming down over FY 2025 H2 as identified cost savings and automation efficiencies improve FCF.
Given the weak share price going into the results, the SP is geared towards any upside surprise.
All IMHO DYOR
Happy
Well all those in the life raft have missed the boat while talking about a load of old twaddle.
SP is moving upwards and picking up some volume...
uncle doug,
he is unlikely to face any of his **** ups head on. just bury them under the carpet as it goes against the belief in his mind that he his one of life winners.
the reality is the only thing he has is argueing on here and taking his dog for a walk. oh and his air fix.
Some momentum building here. Always positive just before results. Let’s hope the market is turning bullish on BOO
Wow an 8 share UT to trash the sp
I literally think I have seen it all now
DayTrade
Still waiting for you to answer.
Do you still think it was worth selling (Mears) MER at 152p as per your recommendation? They're now at 369p. You tried bashing those Mears shares but they kept on rising. I know you're always right so it would be funny to see how you defend this recommendation. Just answer the question please.
Major European stock markets traded positive in premarket on Tuesday as investors awaited fresh reports on German factory orders, house prices and trade balance. Additionally, the latest data on the British construction sector and Eurozone's retail sales will be released later in the day.
The DAX was flat at 8:00 am CET, and the FTSE 100 jumped 1.09%. Meanwhile, the CAC 40 lost 0.24% and the Euro Stoxx 50 added 0.26%.
The euro fell 0.11% against the dollar at 7:58 am CET, selling for $1.07576. A minute later, the pound lost 0.17% compared to the greenback, going for $1.25406.
Baha Breaking News (BBN) / JJ
Boohoo report on Wednesday.
We won't hear a pep out of you on Wednesday as you don't post on results day do you.
Aren't we blessed
US markets positive today and last Friday based on the possibility of a US rate cut in September.
UK may well officially come out of recession this week, so the hedge fund thing isn't that surprising
It's interesting when even other relatively low income economies pick up on Shein bad practices
More and more countries picking up on them now SPK.
It will be interesting to see if they are able to adapt
Https://www.google.com/amp/s/www.citizen.co.za/business/patel-level-fashion-playing-field-temu-shein-competition/amp/
When all these countries tighten their loopholes, Shein etc lose their advantage. Be an interesting growth model then when the field is level.
FYI DYOR
Https://invezz.com/news/2024/05/06/boohoo-shares-near-key-price-ahead-of-interim-earnings/
FYI DYOR
Hedge Funds Turn Bullish on Consumer Stocks Ahead of Potential Rate Cuts, Goldman Says - retail, hotels and leisure being heavily bought