We would love to hear your thoughts about our site and services, please take our survey 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.
Raise the Jolly Roger - BOO SP will take a hit tomorrow.
Swim or go under. Just heard that from a man marooned on a desert island surrounded by shark infested waters.
A planned short exit may also likely happen. No proof until it happens...
THG and BOO are different businesses so not sure what your argument is? Ask yourself why both takeover deals collapsed for THG? Mainly because Matthew Moulding is unpredictable and there is a lack of strategic direction under his leadership.
Any business that has traded for 10 plus years goes through periods of profitibility/growth and leaner/tougher times.
The strong models survive and challange costs/trim waste and when the economy is better they reap the benefits. There will be more money around in society as interest rates go lower. Money will leave high interest bank accounts and look for value/beaten down stocks.
Its just a case of if you think BOO will be one of those customers that will benefit when people have more money in their pockets.
BOO was priced for perfection through Covid and when it was over £3.50. It is now priced for a world the end of the world.
I know one thing this crap weather aint helping. Who is going to be looking to replen their summer wardrobe when you still need a jacket.
Kf I've done my research and THG is still over 70% above its low.
Why do you think there were takeover rumours, maybe because the business was fundamentally undervalued perhaps?
Agreed
60p would be pleasant, 40p would still give a decent profit, fingers crossed for those with higher averages
Company has been a great success story
Kara
'Why would you buy these shares until there is a positive update from the company; I've been sitting on zero growth for two years - investors will think that there money is deployed elsewhere until the tide turns.'
I suppose the old argument is that because you believe there is an optimistic future and want to get in before the positive news and subsequent higher entry price. Otherwise I agree. I posted a while back that one of the biggest dangers here is that it could be a value trap, one which I appear to have fallen for. I don't believe they are going bust and the balance sheet is still decent, so value trap is by far the most likely bad outcome from holding here. All comes down to speculation really, which the market thinks is going to be negative by the looks of it.
The only reason I have held here over the last few years albeit some trimming at 40p and rebuying at 33p is that BOO have some decent strengths that just aren't being leveraged at the moment. I'm sure some competitors would kill to own the portfolio of brands they do coupled with a decent balance sheet and potential growth in US with the distribution centre.
Personally, I am going to see what the results bring before deciding to continue to hold or move on.
Sam - not all of us are underwater here. 60p would be not far off a 100% return for those who bought in low 30s and would be very welcome and thus an attractive prospect to investing at these levels, if you think 60p is achievable that is.
60p
How many poor pocked in souls would that help?
60p is that a rerate??
Why would you buy these shares until there is a positive update from the company; I've been sitting on zero growth for two years - investors will think that there money is deployed elsewhere until the tide turns.
If there is a sign of positive change then it can rerate but Management need to communicate with the market regularly - my hope is now for a takeover - anything north of 60p works for me!
Bfd - do your research - THG rose because of takeover rumours - nothing else - it dropped as quickly as it rose when both deals collapsed.
Come along Tradey burns, get yourself a new piece of vinyl to spin round like a record.
£17 million quid IS "disappearing from the coffers"
As a consequence of the companies own doing.
Exactly as the article confirms.
No missinformation there at all, except in your imagination.
Are you a Millwall fan, per chance?
Atleast it’s now coming to end.
Like they said… in the rear view mirror.
Have you reported yourself for posting yet more misleading information daytrade?
Daytradenovice
Posted in: BOO
Posts: 11,906
Price: 33.62
No Opinion
Class action settlement24 Apr 2024 18:14
Few more quid disappearing from the coffers.
https://sourcingjournal.com/topics/business-news/boohoo-final-settlement-class-action-lawsuit-usa-nasty-gal-habberfield-506639/
The low volume peddled out again.
Same old excuse
Seems the market fully agrees with your view Kachrafilter, hence the stagnant sp.
Seems nobody wants to buy this, rampers chunter that low volumes of trades i.e. the usual "manipulation" excuse used by them is responsible for this, but much more likely people just choosing not to sell up if under, nor buy any more or buy at all as a new entrant. people just sitting on their hands through losses or just plain lack of investment return.
The radio silence from Bod after the repeated bad news items and scandal here is very much to blame. Folks scared off by the 90% fall and lack of fightback by the business at any point, in what we are continually told, is a growing market
I agree Kachra. I would suggest re-watching last October's conference call. There is a lot of fat BOO can claw back and hopefully not put it all into cost and proposition for the customer to retain market share.
In my opinion BOO are in a very good place now for growth and the long and expensive lead times were a HUGE problem for BOO. Speed is up and costs are down and with the US distribution centre and automation now coming into fruition we could be back to growth in no time. There is also not a historic ageing stock problem here like our compatriot's ASOS with FY24 running at an extremely streamlined stock profile.
Fingers are well and truely crossed for the start of May. Anything under 17% top line revenue decline will be a bonus here as wemove towards our medium term margin of 6-8%. Mahmud confident we can get back to 10% in the not so near future.
BOO have already confirmed we are within "Market expectations" so there should be some positives around the corner .
Thg rose almost 200% from it's all time low, although it has retraced since, and is a weaker business than Boo.
Why do you think Boo can't do the same?
I struggle to see how this will ever recover. Even if results are better than expected, it's not going to rerate more than 20%. Given the current price, max were looking at is early 40s. Huge mistake by management in not giving the market regular updates so any upward momentum can start from a higher base.
Can't wait for the day I get rid of this but still very much underwater.
With the pathetic volumes of the past couple of months it would be hard for him to accumulate and certainly not quickly
Remember he always buys off book and then the purchases are announced
Where's big fat mike at?
Major European stock indexes traded with losses in the premarket on Thursday as the earnings season continued to heat up, with Deutsche Bank, BNP Paribas, Nestle, and Sanofi all reporting their quarterly results. In data, the traders will be looking at German consumer confidence.
The DAX slid 0.21% at 8:00 am CET. Concurrently, the Euro Stoxx 50 lost 0.19%, the CAC 40 declined 0.07%, and the FTSE 100 decreased 0.15%.
The euro added 0.11% against the dollar at 7:59 am CET, going for 1.07125. At the same time, the pound edged up 0.06% against the greenback, changing hands for 1.24726.
Baha Breaking News (BBN) / AY
Worth a watch and a recap.
Interested to see what they have delivered.
https://stream.buchanan.uk.com/broadcast/6504762150a62b392af14caa/66296fee6e6d84cc78715595
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. Based on this pattern, in response to emerging market bearishness the system established new confirmation and stop loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to SHORT is very high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.
Yes there was 20 million set aside, and it ended up getting settled in vouchers of a small amount per claim which would likely end up with people spending on top of the voucher value.....
Daytrade got it wrong yet again?
Can't he even regurgitate ancient news correctly?!
Wow trolls are getting desperate regurgitating ancient news.
From memory it has been settled in vouchers and has already been provisioned for.
Absolutely useless trolling