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Peoplepower, it is not about negativity affecting the share price it is about poor management choices affecting the share price.
When leading distributors drop a brand it ceases to be a PR problem and becomes a sales problem - a much more serious thing.
Please can you just be honest for once and admit that Boohoo are currently in the middle of a major crisis. All the ramping in the world will not change this fact.
Pokerchips - how many times have I read that from posters like you who won't be honest about their motives. Or is that the excuse you use to yourself to justify your motives.
Let me say this again, negativity affects people 5 times more than positivity.
If you believed your negative posts on here didn't have an effect on investors then you wouldn't be spending loads of time on here posting negative posts. Be honest about your motives.
Peoplepower1
dont say stupid things ..there are 1.25 billion shares ...how many do you think get traded from people reading in here ?
dont be silly
People power they are crooks and the father is vile I am from Manchester and know a few girls that work there creep springs to mind! They knew all about the sweat shops as all you need to work it out is a calculator and half a brain. I understand you think boo is a golden goose but unfortunately for you and I it’s not. When something is too goo too be true it is e.g. profit margins over 50%. Boo has made you a millionaire according to your previous posts so why your so uptight about people giving reasonable views on the company is beyond me, cash your beans in and save your mental health.
Pokerchips - we all know what your agenda is and everyone else on here with their negative posts. At least be honest and say you'd like to get the share price down to whatever. At least be honest about your motives.
Achilles - Kamanis are not vile people. They pay their own employees well above the minimum wage. This was one greedy subcontracted rogue supplier that Boohoo and the Kamanis knew nothing about. They made one mistake contracting work to a supplier who subcontracted that work to a rogue supplier.
Peoplepower1
I respect your opinions, but you appear to think this is all merely about defending a BooHoo share price and a mistake with a rogue supplier
You appear to have a somewhat naive view with regards the bigger picture
Below £2 is possible
vile company, Kamanis are modern day slave drivers, paying workers here £3.50/hr while they splash out on jets and fast cars, hope everyone boycotts their cheap crap for good!
There are plenty of angles to work on. If i was sent to Leicester to investigate these
factories i reckon i could shut most of them down easily. 40 years experience in the rag trade!
Yes and what do you think these investigative journalists have been doing since last week's report by Labour behind the Label. This report is more than a week old. Have they found anything? No.
https://www.theguardian.com/business/2020/jul/07/boohoo-shares-concern-factory-conditions
I completely agree with you hubster 1.
News makes news. Investigative journalists who didn't have Boohoo on their radar will be working on new angles.....I'd say there's zero chance it's all in the public domain yet.
Agree PP - Shorting this now is like having shorted Tesla over the past couple of weeks..
hubster1 - I would think it's all out there already. If there were more, it would be in the papers by now. This was one rogue factory subcontracted by a Boohoo supplier.
You have to assume more negative press in the medium term; Whether it's a rogue supplier or not, more people working under the illegal conditions will now be willing to share their stories with the media.