The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
And, Boohoo have a £300m revolving credit facility, so plenty of money to keep it from going bust.
It's understandable to be extremely anxious and fearful for your investments, we've all been there, got the t shirts, made huge mistakes and learnt from them.
Your physical and mental health are far more important than any money. I know that won't ease your anxieties and fears. Fears and anxieties are like clouds, they do go away eventually.
Exactly samb69, I think SCB bought Boohoo shares at a much higher price than they are now and he's become extremely anxious and fearful about his investment.
It happens. It's understandable SCB is so frightened. No matter what we say SCB won't believe us because he's entrenched in his view that Boohoo is going to go bust and he'll lose all his money.
From doing just fine to going bust...
Lot's of company share prices have been decimated from six months ago.. doesn't mean they are going bust...
jongle, we all know you want to buy loads of Boohoo shares at 40p
Samb69... You can't take out the health balance sheet part - management have plssed it all up the wall.... That's kind of the point...
A company with no cash is a sitting duck when the dept builds up... Management only need to build up dept and then miss a few payments then boom!
Pp1 trying a wind up wheeling out SCB....
Bad enough with T4G on here.......
Six months ago, the Boohoo share price wasn't as low as it is now. People change their minds.
SCB: you've changed your tune.. This is what you posted 6months ago.. Any of it come true?
Anyone wouod think there was a new viris sweeping the world and the whole market was falling and not just boohoo.... Oh hang on........
In the next 12 months there are going to be a lot of companies gone..... Airlines.... Hospitality..... High Street stores..... Etc etc......
Boohoo as a company is doing just fine.....
Healthy balance sheet.... Growing revenue.... Growing customer base.... Growing market segment..... Growing brands......
scb is expressing his frustration, anger and worries about the Boohoo share price.
Things dont look positive currently but the idea its going bust South is just idiot territory, when people make comments like that you just loose any credibility. To the green bin with you, you can join the derampers, the covid deniers and ramping £2 by Christmas brigades
Thank you scb. It seems unlikely to me. May trading was good. And people may turn to Boohoo for cheaper clothes, so it could work out well for Boohoo.
Yes Boohoo made a loss of £4m for year ending 28 February 2022 however that was because they had a hell of a lot of expenditure. New Warehouses, automation of existing warehouses, marketing and websites for many new brands, London Soho Office building where they coudl have a beauty store on the ground floor, beauty store in Manchester, new factory and training extablishment in Leicester, supply chain costs, supply chain problems, etc., etc. 13 Brands is a mammoth task and for me, they will start to bear fruit in mid-2023.
All online retailers are being hit Asos, THG, Revolution Beauty, etc., etc. Inflation is going up, cost of living is going up, economic woes and these are hitting all online retailers worldwide.
Seen it all before... Record lows every single week... No management buys...no share price support.... Continued down trend... Money being wasted in the wrong area's... This purposeful miss management... Directors doing everything they can to plss shareholder's off...
Boohoo are going bust pp1.
I'd love to know what pipedreamer thinks. Do you have a price, pipedreamer, where you'd like to buy Boohoo shares and your reasons for this?
I am interested in all views. Everyone has a view about Boohoo and I like to read them.
To be fair I have some money freed up from a house sale but have not topped up here even though I hold a sum at £1.12 as I can see the 40's coming here which is frankly silly but will help me average down for a fraction outlay if this happens which I expect will. Then I am happy to ride the wave out or sink which unlike some muppets on here clearly shorting is not going to happen IMO.
The shorter brigade have got some ball's betting against this under 50p, it will recover but will need 18 months to see £1 + again in honesty
pipedreamer - I'd be interested to know if you've got a price in mind for buying Boohoo shares and your reasons for this.
Pipedreamer, sorry, directed my response to Pp1 rather than yourself.
To expand a little on that i pointed out my range to be 50-60p way back, obviously in the centre near as damn it now, but with each passing day 50p does seem the better specific target point.
Its like death by a thousand cuts here each day, not down hugely each time but down even so.
I shall keep my eye on this, and reconsider nearer the 50p mark, which i think isnt too far away given the current trend. ATB
Reardon95, I would think one day it'll turn around. It's working out where the bottom is for the Boohoo share price and that's a difficult one at present because of inflation, cost of living increases, Ukraine war. Will Boohoo do well out of this because customers will turn to cheap clothing? Boohoo have already said May was a good month for htem, will June, July, August, September, and onwards be good months for them too? Have supply chain costs come down? Have supply chain problems decreased? And so on.
PP1
Well its central within my range of interest now, you know the range that all the ill informed bulls on here said would never appear so so many times.
However given that there is only a slow downtrickle in the price each day, and no signs of that changing anytime soon that i can see, i figure that pressing the 'buy' button would be rather premature at this mid range point, i beleive, as does the market, that there is further decline on the way. How much is anybodys guess, but given the trend remains downwards then it would be folly to buy currently.
I shall continue to watch for any change in prospects - no point paying over the odds afterall.
Does this crap ever go up?
pipedreamer, I'd be interested in what price Daytradenovice and yourself would buy Boohoo shares.
It sounds like you may be thinking that Boohoo is reaching its bottom.
Good afternoon.i would be interested in what price you would be prepared to buy at ?.Sometime soon ?.
It's very hard to see through the mist of Fundamentals versus TA,and of course the world situation re the economy and what happens in Ukraine.Is it all about price action,and to hell with what else happens ?.Very interested in your take on things.