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Threatening comments not helpful. At least you are not in Napoli or they'd send the boy's in
Threatening comments not helpful. At least you are not in Napoli or they'd send the boy's in
Here's hoping hey. Why don't you all shut up about it. I know it's painful for some. For goodness sake shut up and let it play its course
What you've really gotta ask yourself is has the economic impact of Covid on Boohoo customer shopping habits changed since iis were holding or even buying at £4 plus pre the supplier issues? Don't think so. The Market had plenty of time to digest changing business conditions and presumably some facts and professional analysis.
Some of the thinking here is very limited. In difficult economic times a sector as a whole can fall, but within it there can actually be winners. Think back to the credit crunch/austerity and the established supermarkets vs discounters Aldi and Lidl.
Agreed, pure drivel.
If anyone seriously thinks the largest AIM share that has continuously shown positive growth is going to de-list over a subcontracter they've already cut ties with and had no actual evidence produced over, they shouldn't be gambling on here.
The Covid panic sent all shares down just recently... look where the majority are now? "Buy When There's Blood in the Streets" has never been more relevant here. Upwards again in no time. For those panicking, just take a step back from both ramper and de-rampers and have an objective think and review similar patterns please.
"De-listing fears" Haha - comedy gold. HSBC, Goldman and the two largest institutional investors are bulls. You must be mad to think this will be de-listed for subcontractor issues?!?! This is the sort of total garbage chat that should be ridiculed."
Exactly.
HSBC's note the other day is why I'm here.
Well reasoned and supported Bull argument and a 500p target.
Finally some sense, these are 16-24-year-olds- not young professionals
"De-listing fears" Haha - comedy gold. HSBC, Goldman and the two largest institutional investors are bulls. You must be mad to think this will be de-listed for subcontractor issues?!?! This is the sort of total garbage chat that should be ridiculed.
The drop has just started
I can't be sure of what the average age or socio-economic status is on this board... but Boohoo's demographic will not be staying home for the rest of the 2020 during what should be one of their golden years in life. They will be out to bars and clubs plenty - we saw Soho and other nightlife districts packed recently and University will be restarting in September and cheap outfits are a staple (Lectures might be online but fresher's weeks will not be missed)... think like a Boohoo customer please, not an AIM investor with thousands of spare £ to throw around.
“You don't honestly believe that young women think like this do you? “....the point being without cash their normal instincts are curtailed !
......Delisting fears as investors dump stock
https://www.cityam.com/boohoo-shares-plunge-as-major-shareholder-dumps-stock/
"No real need for a new outfit if staying at home or applying for work via zoom !"
You don't honestly believe that young women think like this do you?
My wife (30), won't wear the same dress twice and has bought several outfits for zoom meetings. (none from Boo, I have to admit, but the point still stands).
Oxygen, yes, you could lose a few who can't afford Boohoo prices but you haven't considerd those trading down from higher priced internet or high street retailers.
Bit difficult buying without cash coming in , on a maxed out Credit Card !
you all forget. This is Leicester, the home for slave labour.
Another case of knowing nothing about the business or target audience- if you think students or 16-24 year olds are going to stop going out or buying clothes from the cheapest online retailer (by a country mile) then you need a pint of cop yourself on
My local cab company has outsourced its calls to...... Pakistan!
Workers get the equivalent of £2.50 per hour and speak English more clearly than used to be the case with UK staff!
Nothing wrong with buying from Asia.
Anything could happen on these volatile days when news stories are fresh but it just bounced off of a bearish trend to 231p. Hopefully rallies up at some more today.
It will be a jumpy week but once these news stories disappear it will be a nice climb up though.
What’s the unemployment outlook within their target market ? Not good I would hazard a guess , with 9.1m workers currently on government wage subsidies , soon due to end together with their employment chances and many in the customer facing hospitality sector where looking presentable is a pre-requisite. No real need for a new outfit if staying at home or applying for work via zoom !
"I think this will dip sub £2 possibly 150pish but as memories fade it will rebound pretty spectacularly at the moment it’s caught in a bit of a whirlwind!"
This got said on Friday, right before it went up to £3+
That said, there's some heavy downward pressure at the moment. £1.50p on this news - continuing as it may be - seems a little pessimistic, IMO.
Sub £2- that would take some pretty damning claims, given how reactive this stock currently is any sort of positive newsflow will equally send this stock flying.
Knowbodyyyouknow- agreed. They have revolutionised retail clothing, given the prices people are now buying outfits per occasion..
I think this will dip sub £2 possibly 150pish but as memories fade it will rebound pretty spectacularly at the moment it’s caught in a bit of a whirlwind!
Exactly.
They've cornered the market when it comes to young women's fashion ...a gold mine, given how often these girls change their clothes. Once the news cycle moves on the SP will move up in my opinion. The only question is where it settles in the meantime. My guess of around 240p turns out to be wrong sadly. However, I'm not concerned about my long-term investment.