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Jeez turn capslock off.
*The best time to buy is when the seller looks to have finished and no sign of that.Buying now is like catching a falling knife.*
I think the falling knife hit the ground at 180p. The direction of travel here seems to be upwards - perhaps a little sideways today, but generally some consolidation at this level. I would therefore bet that the next move will be to test 215p ..unless there's some extraordinary news either way.
SEVERE HEADWINDS AS STATED IN THE INTERIMS.
The best time to buy is when the seller looks to have finished and no sign of that.Buying now is like catching a falling knife.
I post not to scare people.I post because I do not like the incessant ramping by obviously proffessional rampers with multiple identities and with an agenda to snare people .
LOOK AT THE INTERIMS.MARGIN AND PROFIT DOWN ...FACT.
Interims stated. 1.PROFITS DOWN.2.MARGINS DOWN.3.SEVERE HEADWINDS.
pedro as you are now a man of fact based posting I wonder if you would be kind enough to elaborate on ‘ All the market activity suggests a major seller in the market’
It appears to be a very similar comment to those you have posted previously that led to accusations of peddling falsehoods so in the interests of the balanced debate you claim to seek maybe you could explain what it is that in your considered opinion points specifically to there being a major seller in the market.
"@Pedro61: This share is under pressure because the company is losing margins and profit very quickly."
"Me: Interim:
John Lyttle, Group CEO, commented:
"Looking back over the last 18 months the Group has delivered an excellent operational and robust financial performance, and that is a testament to all who have helped deliver this. We are delighted to have doubled our market share in key markets such as the UK and US, have significantly expanded our target addressable market through selective acquisitions and are excited about the global potential for all of our brands.
In the first half of this financial year, our teams have yet again delivered: integrating four new brands, launching two new warehouses and strengthening our infrastructure in a manner that will allow our multi-brand platform to scale as planned.
Entering the second half of the year, the Group is well-positioned to accelerate its growth and our confidence in the Group's medium term targets remain unchanged.
We will continue to invest across our platform, people and technology as we look to further cement our position as a leader in global fashion ecommerce.""
"@Pedro61: Increased shorts on this share is a good indicator of where this company is heading.""
"Me: Only one fund increased it shorts here [Marshal Wace] and it increase its shorts since last month for all of its short positions not only Boohoo. However, TR1 from yesterday showed one II increased its holding in Boohoo by equivalent to MW short position which means they are buying MW's shorting shares! ... MW can't continue to lose money and I am expecting them to close their short position in Boohoo & Asos v.soon"
https://shorttracker.co.uk/manager/marshall-wace-llp/
looks like your miss out then!!!!
All the market activity suggests a major seller in the market.This will not rise if there is a seller.I would not buy until there is a director buy.
Please be very careful when reading Westcoastbather,peplepower or whatever name he is using today.He is a multiple repeat poster with multiple identities,with one aim to ramp this share at your expense.People who have listened to the rampers on here have lost half their money in the last 6 months.This share is under pressure because the company is losing margins and profit very quickly.Increased shorts on this share is a good indicator of where this company is heading.
Oracle of Oldham this is just for you.... You asked for a comparison with asos so here it is...... The reason people keep comparing with primark is because of a certain poster here.... If you don't know who they are then read some previous posts! ITS ALL THERE..... THE TRUTH ..... JUST IN CASE PEOPLE HAVE FORGOTTEN THE GROWTH....
Dont forget boys and girls...
All air travel getting back to normal levels in the coming weeks.... Headwinds are soon to become tail winds....
Just for reference in case anyone is interested....
Boo are smashing the market up and beating the competition....
Take a look below
Just taking a look at BOO vs ASOS.... the rate at which BOO is taking market share is phenomenal....
Take a look at the revenue growth for BOO...
2012 - 67 million
2013 - 109 million
2014 - 139 million
2015 - 195 million
2016 - 294 million
2017 - 579 million
2018 - 856 million
2019 - 1.2 billion
2020 - 1.75 billion
2021 - 1st half revenue 975 million ( I can see full year being 30 percent more than 2020 so 2.275 billion)
The only short term issue is the shipping costs which is world wide in every industry BUT with air travel returning to normal this cost will also normalise.
If you look at the revenue growth of BOO in the most simple way possible from 2012 to today it has 30 x its revenue!! YES 30 x !!
Lets not forget BOO carries a margin of over 9.5 percent. (ASOS under 5 percent)
Anyone that thinks growth is about to stunt is completely out of touch with reality or they just cant read - Just wait until the acquisitions really start to kick in now we are in the post Covid era!!
The current warehousing and logistics are good for 4 billion of revenue as well so capex will drop back nicely for a few years.
Just take a look at this chart for revenue growth !! - https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/
Now compare the above with ASOS - from 2012 to today its revenue has gone from 570 million to 3.2 billion which means ASOS has increased its revenue x 5.7
https://www.statista.com/statistics/485103/asos-revenue-worldwide/
Boohoo and plt are solid brands that people aspire to wear....
Just looks what's in the boo stable -
Boohoo
Boohoo man
Karen millen
Nasty gal
Pretty little thing
Oasis
Coast
Miss pap
Warehouse
Burton
Wallis
Dorothy perkins
Debenhams
That's some serious brands right there.
Boohoo current trading.....
The company is currently ahead of the 20 percent growth achieved in q2....
Consumer demand has been improving through August, principally in the UK but also in key overseas markets such as Ireland and France, where there has been a re-acceleration in the rate of growth. This has again improved in September, where the rate of gross sales growth has increased compared to that achieved in the second quarter of the financial year.
Our expectation is for full year sales growth of 20%
“AND NOW FOR THE TRUTH. Interim results state lower profits and lower margins.”
Interim:
John Lyttle, Group CEO, commented:
"Looking back over the last 18 months the Group has delivered an excellent operational and robust financial performance, and that is a testament to all who have helped deliver this. We are delighted to have doubled our market share in key markets such as the UK and US, have significantly expanded our target addressable market through selective acquisitions and are excited about the global potential for all of our brands.
In the first half of this financial year, our teams have yet again delivered: integrating four new brands, launching two new warehouses and strengthening our infrastructure in a manner that will allow our multi-brand platform to scale as planned.
Entering the second half of the year, the Group is well-positioned to accelerate its growth and our confidence in the Group's medium term targets remain unchanged.
We will continue to invest across our platform, people and technology as we look to further cement our position as a leader in global fashion ecommerce."
don't listen to peoplepower he's a mug who comes on here to pretend he's a boohoo millionaire goading others into buying at 350-400 whilst never doing so himself.
He is just as dangerous as people who constantly tell you it's going to crash with no proof.
Also cannot understand why people keep trying to compare Primark that is part of a huge diversified organisation and Boohoo that is 'just' a retailer.
Much more sense to compare Boo to Asos, THG, AO, and other online retailers. And when I say compare I don't mean day by day. Think about your actual plans most people on here talk about long term and yet multiple times a day are worried about it being 0.6% up here or 1.5% down there. Unless there is something that changes either in the business or the sector just wait for it either to hit your sell point (if you have one) or your buy price to add more (again assuming you have one).
Of course this could go down Pedro.
Everyone is aware of the rampers.
Chill and don't bother posting and await to see if goes much lower and then slap a crown on.
Nothing wrong in that imv
Unless you feel the need to counter everyone who is bullish? Just sit and wait
They were saying that when it was 360p......They will say that at 190p......180p.......170p......160p.....150p.........and then it may be true.......
This will go up and it will have big spikes and lows … I am going to enjoy the ride and the money
If you listen to peoplepwer-southcoastbather or whatever name he is using today this should be going up.......and not continually down.....why has it had such a disasterous 6 months?
SPOT THE DIFFERENCE ......ASOS +4.76%........BOO -0.55%.......TELLS A STORY!!!!
AND NOW FOR THE TRUTH. Interim results state lower profits and lower margins.
SPOT THE DIFFERENCE......
Primark profits plunge 90% as AB Foods repays £121m furlough cash
Boohoo profits soar as Covid turns customer focus to loungewear
Some people just don't get how diverse boo group are..... The react to every situation lightning fast..... The chumps on here think they could run a company like this..... They can't even run a tap.
"I bet the wife is looking forward to her 60p lipstick and £4 bath bomb."
Looooooooool comment of the day.
BRING ON THE LOCKDOWNS!! BOOM TIME!!
https://www.google.com/amp/s/amp.theguardian.com/business/2021/may/05/boohoo-profits-soar-as-covid-turns-customer-focus-to-loungewear