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Yeah agree the Japan point is nonsensical and my point wasn’t that they are a like my point was that it speaks to how management have been viewing things
It hasn’t been for a quarter or two but EU growth have been negative for a while but my point is that management have been saying “revenue impacted as we don’t have a great delivery proposition” and then spend shareholder money on websites to Japan fulfilled from?…..Sheffield!
Doing something over and over expecting a different outcome is Einsteins definition of stupidity is it not?
Asos profit warning is for a different reason. It’s not for slow delivery it’s for the reason that they can’t get stock into warehouses fast enough to then offer for sale. It’s a different issue
Asos is missing sales not as the customers doesn’t want to shop there as the delivery is bad but because Nike or whoever can’t get the product to them. And you see this as Asos had a great peak is US
Both have pros and cons. I’m not saying one is better than the other. My point is that boohoo’s problem is managements short sightedness and as shareholders you should be fuming!
And also my point on Asos was just to say how tough it is running multiple stock pools it wasn’t saying it was better
Dan - this is nonsensical comparing what has been done in Japan, where we are dipping our toe in the water. The US will be done properly as we already have a]an established customer base.
You seem to have your knickers in a twist over a bad quarter or two with underlying short term issues, which virtually every other company is also facing. You keep banging on about ASOS who have massively reduced their profit guidance also.
@dream you’re completely right but atm we don’t know
- how they will resolve it
- what the timeline will be to resolve it
- what the cost will be to resolve it
- how the US warehouse will be fulfilled
- what operational drag there will be as it will be manual abs operating at a low capacity to start with (you have to bleed stock to it)
- what the additional marketing spend will be to win back customers who go back to fashion nova etc (as quick delivery)
- what % of customers we will lose over next 18months as we wait for the warehouse
So you’re boiling this down to just putting a warehouse down and job done. But it’s not. There is a lot above that is very very difficult
For example look at the string of profit warnings Asos had when it tried to do its first overseas warehouses (absolute nightmare!)
And think of boohoo. You think they will pay the best (but most expensive) to help out? Or you think they will do what they just showed with their Japan website and get the cheapest, non-integrated and non-bespoke offering
Warehousing across continents is very hard and who on the board has this experience? Ermmm no one
Dreamachine you sound just like a poster called Chisth that used to frequent the ADVFN board who always brought and then bag held all the way down waffling on in denial as the paper loss racked up further
Same child like posting tone from you
Dreamachine you are a bit of a fool.
I got stopped out of fever at around £17 and it has recovered of late.
You are the prize board plank on here!!!!
Got ya , sorry , misunderstood Jongle
Covagz i said "taken out of fever at £17" and i did not say I purchased at £10 .....That means i was stopped out you twonk from when it fell from above the £17 stop.
Same as here you total muppet as i get out before it gets worse.
Fever recovered after going all the way down to sub 10 quid though after my stop was triggered
Jongle...I believe ya. If you were calling £5 do you expect me to believe you bought FEVR at £10 and sold at 17? I am a mature adult , i can smell bull when it's presented to me.
Fundamentals I have been in and out of boo many times and some good and some bad but sitting on circa 70% to 80% gain roughly.
I view boo as still in a downtrend and the shorting could indeed take this well under 100p so I can sit and wait as I am not trying to get back to break even like some will be because they probably got carried away averaging down too much
Why are Wace increasing?I also think I had seen further shorts added to Asos since the update though i could be wrong.
Wace have been spot on to date yet have not closed still...........that concerns me but is just how i view it
70 to 80
Covgaz I am very happily up on Boo and out and got taken out of fever at around the 17 quid mark ...... as recall this was pre the covid carnage that then sent everything down further and thus fever to sub 10 quid.
Just because fever recovered it does not mean boo will any time soon
I ha
Dan it depends on whether you view the current supply chain/freight issues as transient or not.
As soon as boohoo has a credible plan for the US then boohoo is a buy. But until that point you can’t “invest” as it can’t service half of its customers
Need to wait until
- plane sort out (not happening any time soon)
- US distribution is running
Until then no one knows how much worse it will get as you can’t meet demand
Asos did great in US (over exactly same peak period) and the reason? Prompt customer delivery
That’s what is needed. It’s fundamental to fast fashion
So until then this stock is a punt as you can’t have a reasonable clue on what US, EU or RoW performance will be
Jongle ,the muppet spreading fear on the Fevertree board some time ago predicting a drop to £5 , it settled at £10 before its steady climb back to £25. I pulled him up at the time , he soon scarpered. I'm not invested here at the moment either although have been in the past. Listen to him at your peril , he hasn't a clue , just likes to spread fear. GLA , it will turn around here.
THG looks way better value as on all comparisons. Not to Boo isn’t potentially great value at these prices. I think THG will generate a superior return in 2022.
T4G I 've explained multiple times im not invested currentlly as feel it's going to go down much further first......maybe at 70-80p will.float my boat.
That's fair enough
I'm perfectly happy to double down if that happens. I've done my due diligence.
That's on the basis that nothing else major bites boo in the ass down the line.
At higher prices this was not a value investment. This was a growth stock until the supply chain issues.
Only now does this represent value.
Yes you are correct in that it is unlikely he holds for many years and is angled at more of a swing trader though i still think the idea of letting your value investmant plummet to a circa 70% loss is not good.
I would not allow that as sure it may recover but is no gurantee it will.
Think some things have been lost in translation here.
If you bought at £3 the story has changed and the fundamentals are significantly weaker, I would agree with cutting losses there (with your stop loss method)
But under £2 this stock represents value, and imo should be held for a medium / long term time horizon
The story of the stock changed??
No idea what will happen with Boo over the year though i would not want to be sitting on a heavy paper loss in hope.
That would make no sense to me
Because the 10% loss could turn 20%,30% and so on ....
The arguement in the link is too simple and doesn't account for what is going on with this specific equity.
How do you quantify short seller activity, weak sentiment etc....
Setting a quantitative metric for a qualitative problem doesn't work imo. What use is setting a 10% stop loss if the story of the stock hasn't changed?
Don't be an arse NS as unless you are a bit stupid then anyone can grasp the simple logic of that link in a couple of minutes read.
If Boo drops another 50% what then eh??.......what if it does not recover for many years or so ???