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Southcoastbather.If you are going to be Ramping and repeat posting everyday it looks like I will have to challenge you at every opportunity and give a dose of reality to proceedings.This board is about equitable exchange of views not ramping.I had hoped to retire from this board as keeping you in check is what makes me post,but looks like I will be here a little longer.
Market shuts at 4.30......pedro posts 23 minute laterto lets us know it was a red day..... Good old "mystic ped".
Good job I will be here every single trading day until a minimum of 300p is reached..... Maybe even 400p.....maybe even 500p..... Lets see what happens!!!
Boohoo equals super growth!!
*Asos up 4.76%.Looks like this was against the sector today.Does not fill one with confidence.*
Yes slightly odd, but could be an II buying.
Cheers Pedro the only correct statement of the day from you :)
Asos up 4.76%.Looks like this was against the sector today.Does not fill one with confidence.
Asos did well.
Another red day.
we are in the blue already on live pricing
ASOS 5.6%up today, Boohoo is creeping back up .. deja vu, just like last week, ASOS took the lead and Boohoo followed .. I think we’ll be back in £2s tomorrow
"Kallumama
Posts: 1,953
Price: 199.35
No Opinion
RE: Rns T ROWEToday 14:38
" With bricks and mortar retail demise more market share in future ( note Boo has doubled market share in past 2 years)."
Doubled market share during a pandemic - which is one in a hundred year event, when shops were ordered to close by the government.
"This one in a hundred year event does not seem to be going away anytime soon, hope Primark does not suffer further (lockdown looming)."
This time last year we were all working from home, but today I am in office and we have 25% of the staff present. If this is not progress then what is? Primark is valued at a grand zero in a sum of parts valuation of ABF, so any sales/profit is just a bonus and my bet is that things are only going to get better from here for Primark."
Yup thats correct kallu - Boohoo DOUBLED its market share during a pandemic when we were all locked up at home!! That's an amazing feat!!!
Asos in the same time gained 22 pc in revenue (boohoo 100 percent)
And primark lost a fortune..... Primark is ran by people with no vision.... No wonder the ceo of primark left and came to boohoo!!
How do you think the court case in U.S will go?.Will it send the share down? If it goes down then what price will it go down to?
Kallu revenues have been growing at a staggering rate way before pandemic and yes pandemic has accelerated online growth ( further nail in bricks and mortar retail). With or without Shein, Primark and Aldi middle isle ( so sad to know you pick up your threads there) there is a collosal market not yet tapped by all online retailers.
So you finally made it back into 10p per deramp office then rather than in your mum's basement, good for you. I don't give a hoot about ABF or sum of its parts only you seem to promote Primark at every opportunity ( hence I even mentioned Primark).
If you're not paid to deramp you must be very insecure (in your holding in abf and life in general). Either way I actually feel sorry for you as it seems to be your only pleasure in life.
Two sides to every story,and I shall listen to opposing views as that is how I can balance things to make a judgement.Does that sound arrogant to you? ...On the other hand your posts all sound very arrogant.
Kallu - excellent then perhaps you should focus your time and effort on the share you are actually invested in rather than trying to cross ramp all the time...ps I won't be following you there
Pedro - A dose of reality !??? how arrogant to assume that you are the only person with the insight and knowledge on how to invest and this share!! You haven't even got the courage of your convictions to tell everyone your position and it appears to be a spread bet short if anything at all. Get a life or something your posting history tells it's own story you arrogant fool
Trading4good.Thank you for your recognition of my efforts.I shall try to bring a dose of reality to this board against an avalanche of posts and ramps from southcoastbather or whatever name it is today.Two sides to most things and I shall also listen to any opposing views as that is how I can balance everything to make a judgement.
"Again 101 of investment is past is not a guide to the future"
"I don't look at share price"
Kallu you really are the expert then, ABF opens a few shops (doubt they doubled market share over past 2 years like Boo) and you plough your money on a declining share priced stock and don't even check the share price decline. However when Boo share price jumps kallu is nowhere to be seen ( only checks online competition as obviously not comfortable holding ABF).
Directors in asos having a field day. Lol. The directors in Asos have bought a few shares,it’s true , but it is so much small potatoes. Today’s RNS states a director bought 500 shares. That to me does not give any confidence going forward.
"""With regard to Shein, they have actually been around longer than Boo and haven't actually impacted Boo growth. There is no reason why this would change in the future""
Again 101 of investment is past is not a guide to the future. There used to be faceboook for all social media, then came instagram which started taking share away from facebook, then came whatsapp which also started to take share of peoples eyes, ears, brains away from facebook. In the internet world things just won't stay static, perceived moats can be breached very easily and quickly like we are seeing at the moment."
Kallu knowing Shein has been around longer than Boo highlights there is room for growth for all online retailers, look at the Global retail market and Boo and Shein along with other online retailers have barely scratched the surface. With bricks and mortar retail demise more market share in future ( note Boo has doubled market share in past 2 years).
Your analogy of Facebook, Instagram and WhatsApp only highlights the digital age we live in which takes our eyes off old fashioned entertainment alternatives (primark is the board game that will eventually fold/be trashed). This one in a hundred year event does not seem to be going away anytime soon, hope Primark does not suffer further (lockdown looming).
BOO and ASC are all free money and I am in both, but only 10% of portfolio
I moved in BOO at 187.5 with over 80% of my portfolio. Boo being at the lowest level average since 2018. How I see this is a gift price to retail investors. The company has expanded massively since 2020 with acquisitions and thus increased their client base. It has a solid cash position as well as revenue streams. The management is top notch and has done a great job since the slavery claims that put a dent on the meteoric ascent and unfortunately, like all sectors have been affected by the shipping prices ( see ADOS too). Having said that, the shipping issues should dissipate soon with Chinese decline in shipping demand due to their current problems as well as it is just a temporary blip ( see analysts comments regarding this aspect).
BOO sales and growth are projected to continue on around 20% helped even more due to their expanded range of products lead by later acquisitions. Give BOO two to 5 years and we should be north of 600p easily. I take Warren Buffett''s views here and have bought a great company at a good price. BOO manufacturers its own clothes and has now plants in the UK, which cannot be said about many of its competitors and they have strategically placed themselves to avoid some of the issues regarding shipping and storage. As Buffett says, it is better buy a great company at a good price than buy a poor company at a great price.
Not to see that BOO at under 200 is the opportunity of the century is being myopic in their investment strategy and a fool in the end.
That's opinion only and not an investment advice. DYOR of course. One thing I notice on these boards is that there are some "altruistic" folk who don't own BOO shares but are constantly criticising saying they want to warn investors. Sure, they must have seen the shipping cricis before anyone else. I bet they must have a pile of toilet paper at home too! Bless.
I bought BOO cheap and will hold long term. I will not post more here as I have no intention of debating with the doom-and-gloom crew. I just see a good sound business and I bought it.
All the best to genuine holders.
ST
Just to say ,some people have accused me of not giving factual posts,so, I have taken this on board and from now on will be giving more facts.So here are some facts to consider. Fact 1.shipping is costing much more.Fact2.Court case in U.S. may be a problem.Fact3.Raw material inflation is a problem.Fact4. The high street has opened and so introduced further competition Fact5. Labour is costing more for everybody Fact6.Labour costs will go up more than the competition to put right past mistakes.Fact7.Boohoo has to defend itself for past mistakes constantly with the media.Fact8.Growth needs to be good to justify a high PE Fact9.This share has nearly halved in value in 6 months.Fact10. It appears from comments that a large number of investors do not trust the Kumanis.Fact.11. The trend for this share over the last 6 months has been down. I will post more facts at another time.
they also own whatsapp maybe not the best examples
:) Instagram is not too much of a concern for Facebook considering they own it!!
Kallu, you say that Instagram etc have taken market share away from Facebook. Well one thing that is for sure Facebook has continued growing, along with its share price! Just like BOO will….. Jog on