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Go back to sleep
VAT bill is from supplier is not it?
Number of shares issued is irrelevant. Buy a book on stock market
Uncle clueless
Your explanation of the huge falls here as "noise" shows your investing skills to a T.
Im sure the board welcome your suggestions on turning this around, while they hunt the Yellow Pages for a new auditor.
Boohoo has ten times more shares issued than ASOS. I do think our mcap should be at least as large as theirs though i.e £4+
Lets look long term: if ASOS can get to £50 per share then I am sure this will follow a similar path. It all depends on whether you have the patience to wait?
Honestopinion
Posted in: BOO
Posts: 70
Price: 351.90
No Opinion
See you at Xmas02 Oct 2020 09:31
Don't panic buy or sell. And don't listen to the idiots on here who tell you to do either.
This is a good share and will do well, I just don't think it will he anytime soon.
All the shorters and panic sellers have flooded it and that won't clear up for a while. Also the big funds don't have fomo, they will want to see how BH does over the next few months
Can you keep your word and Fuc**ckkk 0ff until Christmas?
I would of rather seen the VAT bill paid than a Director buying shares
The SP will dive tomorrow and will continue to dive u till either a new auditor is appointed AND kamani buys another £10m of shares AND there are no more skeletons. Until then this SP is going in one direction
Just a lot of "noise" recently. No way am I selling. The results and fundamentals speak for themselves just a matter of time before we get back to 400 and beyond and I can wait. I'm looking to double up as these are undervalued IMO. Lots of easy ways to boost SP - first, appoint new accountants asap, then it's about time John Lyttle bought some shares and backed the company he runs. Also give us a dividend which they can easily afford. That would really ignite the SP and burn the shorters. All looking good to me.
I think you are missing the point - the £700k is indeed a token gesture but Kamani already owns 158m shares which at recent levels was worth over £600m but now worth around £200m less. That alone should motivate him to sort any issues to the benefit of all shareholders!
Green, moose, arguing with people on the internet is a futile exercise
*“If you honestly believe that then you know nothing of wealth or money.”
At that level of wealth he would spend more on the soft furnishings in his plane.*
Doesn't matter - that's the point and your point only serves to reinforce mine.
“If you honestly believe that then you know nothing of wealth or money.”
At that level of wealth he would spend more on the soft furnishings in his plane.
Apologies HaChris, I hadn't seen your post and have posted almost the same thing
One must assume that those complaining about it, either are hoping for lower lows, so they can get in cheaper or more likely missed out on today's sale.
I don't see it racing back to 320p tomorrow, but take a look in a month and after they've taken on a new auditor, well.
Nothing has change - the money is flooding in - just a need a new company to count it. They'll get someone - this is £3bn business - won't take long.
*I hear what you’re saying but it’s such a small amount.
Equivalent to me flicking 5p in a fountain.*
If you honestly believe that then you know nothing of wealth or money.
Firstly Kamani's net worth is approx 1 billion but that does not mean he has 1 billion quid lying around to invest. He almost certainly wouldn't have even 10% of that. The last time was very significant, this one is merely a signal. I'm happy with that.
How anyone can think Mahmud Kamani buying c. £750k worth of shares in the open market is not good news is smoking some crazy stuff.
If there is one I thing I've learnt over the years is that rich people are tight with their money, and so to buy another 750k (on top of the 10mill he bought a couple of months ago at 214p ) confirms the fact that he knows the shares are hugely undervalued currently.
It also shows that he/company has nothing to hide.
The business is a beast. The high Street is as good as dead. People will always shop for clothes and Boohoo have arguably the slickest online operation there is, and their share of the market is growing daily.
Sale will still be on all of this week, but don't leave it too late to get in. If you're waiting for further bad news, don't hold your breath.
Kamani's buy today tells you all you need to need to know.
I hear what you’re saying but it’s such a small amount.
Equivalent to me flicking 5p in a fountain.
Pathetic tokenistic gesture.
Saying that if it does start going up I’ll be buying back in.
Amen
Everyone in here complaining about the Directors buying is nonsense! This is a sign and show of confidence, 100% going through £2.75p which was my target although based on history could easily spike 20/25% and settle back around £2.75p! In any case I’m averaged at £2.38p after this morning, long at £175 pp! Happy Wednesday!
As I said today, it was a gift this morning!
Anyone who thinks this is a bad thing is an idiot and my god this BB is full of them.
Got back into this today 10,000 shares at 236p - what a bargain.
Be quick, won't be this low for long.
I predicted this yesterday - you’re welcome!