The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Dipped under six figures when the made up story came out will get back over it pretty soon IMO
wyndrum - good question, the sky's the limit as they say. Boohoo have grown to £1.2bn in revenue with 3 brands over 5 years and reached a share price of £4.33. Boohoo have 9 brands now. Boohoo are excellent at buying brands on the cheap and making them profitable in a short time.
Boohoo bought Nasty Gal, a US company, for £15m and turned it into revenue of £100m in 2 years. Bought Oasis and Warehouse for £5.4m and no doubt they will be bringing in revenue of £100m in 2 years or less. Bought Karen Millen and Coast cheap as well as Miss Pap. Online is a huge growth retail business.
Prettylittlething are going into homeware. Homeware is becoming explosive online too. So Boohoo could double its revenue to £2.4bn by 2022 and possibly earlier making a share price of £9 and possibly more because share prices reflect future growth. So if Boohoo doubled their revenue every four years you could be looking at a share price of £50 maybe even £60 on future growth if I've got my maths right. That would mean a share price of over 20 times the share price of today which is £2.75.
PP, the reason I asked was that if you don't know or can project what price it will be you can't know if it will make you rich or not.
You are simply making assumptions that may or may not hold true.
I, we, can forecast that if Boo's update is 25% growth on top of the 45% growth of the last one then even allowing for some neg publicity around the slavery news item, its not unreasonable for the all time high to be revisited. However there are a number of assumptions in that. If you read HL's analysis of Boo, it highlights the dangers as well as the positives. Its fair and balanced. And all I am doing is looking forward 8-12 weeks!
What if the slavery thing is a tip of a very ugly iceberg? who knows? What if Boo get bought out in the next few weeks at 500p?
Buffett was lucky in that he did the right thing at the right time. buy and hold in a western world where the 3rd world meant just that and America dominated and CONTROLLED everything. Did anyone in the 90's for see the internet shopping tsunami. Global warming?
Bell weather stocks like BP and most oliers, M&S and most retailers, all the banks, Airlines and the travel industry, as well as countless other areas, that should have been bankers for Long term buy and hold have and are being crushed by new innovation.
I have no idea where we will be as a society in 5 years, let alone 25. To me projecting so far ahead can be a psychological crutch to avoid making decisions when events change the original plan.
But each to his own, as always
A lot of investors here average around 250 - 270 or even higher. Only a very few entered at 210 as no one predict stock market.
This will eventually go over 400 & higher because of its unique target age group and marketing strategy.
Good luck.
Midway - how much have you made?
You are talking nonsense PP You can make good money day trading swing trading or going long on Boohoo I have been in and out of it for a few years now and posted such
For me, it's about finding an excellent growth share like Boohoo and holding all of them in an ISA for 20 years plus. This is how to make the real money, the big money. Keep researching them when you're holding them and this gives you the confidence to keep holding them. For me, it's better to research one share thoroughly than to research 6 shares a little bit.
PP I did not know about on SD aim shares! I never bothered to check as I rarely get involved until recently. Thanks.
Meanwhile, what price do you think Boo will be in 20 years?
Jamie, without rehashing it all again I just don't like posts that unequivocally say which way a price is going with no info or argument o to support the hypothesis. The fact is, no one knows, anything can happen and this board was particularly bad imo, and now not so much (and I don't think its my imagination).
What irked mr esp was the very examply of Boo. one minute 410p, the next 200p! Who flagged that when they were saying 500p around the corner?
Anyway, what can I say, no one is all bad and no one is all good!
Failedbanker - Boohoo is a share to buy and hold in an ISA for 20 years plus and it'll make you rich.
Read everything you can find about Boohoo and then you'll know why it's a huge growth share. Research and patience are needed with shares. You'll never get rich jumping in and out of shares.
Yes Wyndrum but PPower is telling everyone to hold for 20 years
@wyndrum i have to say I've seen a different side of you recently you are a very helpful person when the mood takes you ;O)
for a millionaire
wyndrum - there is no stamp duty on aim shares.
Hoping to sell around 405 +/- 10%.
I think that’s a realistic target
It depends if they go up or not. If you are talking about the amount, then I would say, yes £5000 is fine in relation to costs.
(stamp duty and comm should be less than 1% so as long as you sell above 283p you should see a profit.)
Obviously you should have a target price you think they will go to otherwise you will have no idea when to sell. (both up and down)
Why are you waiting for 2. 80
Is this worth it? Around £5,000 worth?