The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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You’re entitled to your opinion Reardon 🙂. I just think the timing is out of sync with respect to current company performance and struggles.
Black I do completely understand your point it would be ballsy for BOO to move for it especially at that level in this climate.
Although BOO do have access to enough capital to be able to pull it off with the revolving facility drawn down and the incumbered assets.
I just think it would be a great acquisition and another well established brand that the Debs platform would welcome.
From BOO’s perspective they probably think 13 brands is enough even thought they have categorised core brands and other brands now acting as labels under Debs.
Without raising funds… boohoo will not be able to but TB. The last thing we need is another brand that requires integration at this moment in time. We need to rejuvenate the top and bottom line with what we have to self fund another brand. Brands come all the time… TB isn’t the one for us imo based on where the energy needs to be spent and cost obviously.
It’s taking Debenhams 2 years to get it to the baseline and we still don’t know the true numbers.
It would be irrational if we get a rns showing our interest. If the sp was at £3 and we had £250m sitting in the bank then that’s a different story.
The opposite, strip away all the fat which is draining the funds. Go pure play online and wholesale to people like Frasers with a few physical stores in places like Bicester village etc.
BOO have smashed Karen Millen and it would really diversify our current offering.
Likely to cost around £100m though.
Reardon, what are you thinking? A shopping mall presence?
🤔🤔
The Sheffield auotmation is really allowing some incredible cost efficiencies here.
Could be the best £150m BOO have spent.
This could be massive on the bottom line!
I would love for BOO to move for Ted Baker, i think the group could work wonders on it.
So you are! Yeah, couldn't hack it, like you with work in general.
'Shall I compare thee to a summers day'
Are you the failed teacher that went to Asia because you couldn't hack it here??
You sound exactly like Daytrade
Not in the slightest Alex.
Currently in profit and relaxed about my considered purchase, thankful that I hadn't bought previously.
Potentially green shoots within the sector
How about yourself, can your have a pleasant long weekend knowing your share ownership here is fruitful?
You must be regretting that investment Sam. Why don’t you sell out before things get much worse?
Could it be a case of redundancies due to reduced revenue? We are set up for 4 billion but maybe doing something over a third of that?
Also shows how flabby the business was as well! Maybe more than £125m of savings….
A Sheffield media outlet The Star reports job losses at the BooHoo Sheffield warehouse following efficiencies from automation.
Looks like the cost base is being driven lower. Bad times force companies to streamline costs. That is why when better times come the profit impact can be exceptional.
On the share loan point, I did wonder if it was getting more difficult to find stock for loan? I do not allow loaning, yet they still asked me?