Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video 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.
DEUTSCHE BANK RESEARCH STARTS BOOHOO WITH 'SELL' - PRICE TARGET 27 PENCE
I thought 31p just weeks ago & look where it went!
Probably be 38p by the end of the day.
Suns out, so watching the squirrels go up & down. Ones called "BOO" & the other "BLOE".
BLOE goes up more.
I can't find any confirmation of the Deutsche sell note or 27p target. Any links out there?
While looking, I did notice that Canaccord Genuity stuck an 18.5p price target on Boohoo's shares back in October..... that's nasty!
Boohoo left needing change to ‘stay in the game’ - analyst
https://www.proactiveinvestors.co.uk/companies/news/1046320/boohoo-left-needing-change-to-stay-in-the-game-analyst-1046320.html
Blimey "change to stay in the game"
That really doesnt sound like a ringing endorsment from Proactive, does it.
Mays going to be interesting
This is so primed for a SHEIN takeover now. Weak pound, incredibly low market cap, Big Mike controlling the majority stake, Shein listing in the UK. The list goes on!
Wonder what premium 'Big Michael' would want for helping to facilite such?
Would happily take 45p
Spiral of doom here
Here's a kick in the nuts - 650k traded so far today.
Nobody wants these shares before that RNS it would seem - lets call it DOOMSDAY
J. Lyttle keeping tight lipped & getting creative with a spin on the figures no doubt.
Market knows whats coming - I expect shorts to increase briefly.
As I keep saying Level 5, people are wise to the games now so nobody is selling.
Mm's have stacks of quantifiable evidence that there is no market at this sp, yet they keep pursuing it
The question is why
The answer, to me atleast, is obvious
Yes BFD he’s popped up spouting nonsense
Boohoo in front of the Environmental Audit Committee this week facing down the wrecking of Fast Fashion.
https://www.ecotextile.com/2024042631980/fashion-retail-news/mps-to-quiz-boohoo-h-m-on-fashion-impacts.html
850k traded so far - plenty reds on the OB pinning the SP to 33/34p
I would like nothing more than the stock to be a screaming rocket to Jupiter but facts are facts & the game has changed. A $4B turnover turkey this is not going to be. Not even in 5 years. A £100M profit line looks a little distant but still has good odds. Let's see if JP can boost the numbers.
Another good start to the week! A sell rating and a 27p target. Shorts rising.
Not looking good for results day?
Should we give up with this junk? Shein and the shorts have won.
Generous Sam, justbseems no end to the bad news here
What is the SHEIN offer looking like if they did go for it ? Any good guesstimates?
Hard to answer.
As there is no known offer.
There is no known desire to put an offer in.
There is no known desire to sell BOO and all its brands and all its logistics that it has been building up.
45p
Nearly a 50 % uplift from here, too generous??
Twelve months revenue would be my guess.
So north of £1
But I can't see it happening
As Ben says no known desire for any of this so this is purely conjecture, but I would state 70-80pish
I think its more than just how it relates the current SP, it is also what you think the value of the assets, both tangible and intangible are actually worth and how much of a premium would be paid to acquire the business. I cant see anyone looking to acquire the business for the business model if I am honest, but an acquisition for the IP and and the distribution network could be a tempting buy.
For the record I used to think this was about the £1+ mark but have downgraded this due to the falling revenue and the failing business model.
Thanks all for the feedback.
Let’s see what the boohoo update tells us in May.
50% does seem so Sam,
Seems the narrative changing on here to more of acceptance its a possability now given the total lack of progress these past two years.
Doesnt seem 5 mins ago the rampers were suggesting £6.50, £5 and dividends abound. How times change
Sam/ DTN,
Why do you think a 570m-ish company valuation? Note that the trademark cost within NBV of intangibles is going to be roughly about £70m and is likely to be vastly under-valued being at cost compared to market value.