Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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actually why don't we add some "context" to rags claim
can someone ask rag what the combined revenues were of these brands (debs & arcadia) from online pre-boohoo acquisition. That might help give him some context for his view and subsequent disagreement
Also worth asking him how boohoo will grow these brands given "test and repeat" is not sustainable
@Pmoran - welcome to context
Rag just doing what he always does to re-write the "context"
Hasn't considered revenue at all in his points yet it was "if you still see BH / PLT as the main money drivers" (past tense)
So yeah they are adding in these teams but will the growth out pace core? According to JL - no
But rag is telling us we should be buying shares now that these new brands are the money spinners
It's all just pointless fluff with no connection to anything tangible and then no link to share price
But again are you going to call this out? No of course not
Jjo, a ton of recruitment has happened and still ongoing circa 5000 people, part of this is buyers, designers and garment techs for the Debs Brands, of which there are many, im currently working with Red Herting, Mantaray and Maine, these are all new teams, there are others, each one of these targets a different audience, They have the tools to go head to head with Next, short term of course BH / PLT are their main earners but you asd in Burtons / DPs and add these to Deb Brands then the fasion offer is massively compelling, ive not even mentioned kidswear. Not sure what you means re retail as Debs is not a UK retailer but do not dismiss the Brands and rejuvenation of them, ill agree to disagree if you dont think that they add up to a major offer in next few years to BH Groups revenue, they are a massive threat to pinch market share from Next , Very etc with the Brands they have in there stable and Management who know how to do it.
Some of the brand acquisitions will do well I'm sure. I very much doubt they will get centre stage anytime soon. Which are you talking about specifically because for instance Debinams as a retailer is not going to set the world on fire in the next few years.
Some of the brand acquisitions will do well I'm sure. I very much doubt they will get centre stage anytime soon. Which are you talking about specifically because for instance Debenhams as a retailer doing lower margin sales of brands boo dont own is not going to be a d
Jjoo , yes deffo agree, of course there will be other revenue streams coming through but the recent acquisitions in coming months and years are set to become very very significant and most importantly they now have a very wide demographic to target, i really do see taking market share from Next in coming years as they are incredibly nimble, buyers bring given autonomy, very rare these days, Next can take 4 meetings to get ranges signed off buying by committee.
It is impossible, I wouldn't base any investment decisions in boo based on anything other than the main core brands. As you say long term it's an unknown but short to mid term, no chance the are that important to boohoo's bottom line
He's saying that boohoo and PLT are no longer the main money drivers ie that KM, mantary and the other debenhams brands now are (or very soon will be)
I'm just curious on how those brands will outgrow boohoo and PLT to be the "main money drivers?"
Just seems impossible to me. At least within the near or medium future so how is what he has said true?
He's right it's hard to get your head around
The only brands that are going to put material profits relative to what boo currently earn are brands it owns. Is rag saying otherwise?
@jjo can you ask rag to clarify his statement that I quoted? I get they are building up teams but how will that bridge the £1.5billion or more difference in revenue?
Especially from brands that in their hay day never would have equaled that amount
I'm confused! Also if we could get some view from rag re impact to the share price from these brands that would be really helpful to me
For sure, Jjoo, the potential of the expanded demographic is massive, hence the investment in people in buying and design, demand must be there because some of the quantities we are receiving for SS22 are impressive, weekly meetings happening with all recently acquired Brands, all at last starting to consistently re build, up until till last few weeks it has been very chaotic and ad hoc, now however closer to following industry standard for the buying patterns re the demographic of these Brands. BTW keep an eye for an Indian/UK early harvest trade deal looming prior to FTA, not yet at forefront of many people's radar but my Business partner was in meeting last week in Southern India with Secretary to Indian Trade Minister and other interested parties, in this meeting they were told that behind the scenes the much anticipated early harvest is being mooted to be signed off on Textiles poss Shoes as soon as March 2022, this should result in min 9% saving depending on Cat, it bodes well for the whole sector and will be a welcome respite for costs which as we all know are going in the other direction.
Now only 7 full trading days before trading results on 30th September.
Boohoo communicating sales up 25% .....?
*PLT
Yes of course boo and pelt are the Crown Jewels of this business, and will be for some time. The investment in to Debenhams etc is more about optionality for the future.
If you think that’s funny try rags “analysis” sorry I’ll be taking this “out of context” (it’s not it’s just absolute garbage)
“ BH Group, obviously this is not the company it was this time last year, this can be quite hard to get your head around if you still see BH / PLT as the main money drivers”
Ask rag to give us the maths on this!
Boohoo & PLT c.£2billion revenue and forecast (by management) to be responsible for 80% of the 25% a year growth and the other stuff c.£0.25billion and forecast to be the remaining 20% of growth
Yeah that’s hard to get your head around. Might need some “context”
Can we all just take a moment here just to thank Kallu. I haven't laughed this hard for some time, a real Monday morning treat.
Kallu , let's not forget, is a long term Buffettesq investor. He now tells us that just 1 quarters data is enough to inform the conclusion that a decade old trend has reversed. Kallu has either not understood Buffett, or he hasn't read a single word of Buffett. This is an astonishing level of stupidity. The funny part of course, being that the trend hasn't even reversed. Even after unlock online sales remain way ahead of 2019, and has actually accelerated.
When has a trend ever been defined in any other way than "general direction"?. The general direction of online retail is not downward. Haha imagine applying this logic to anything, where every new short term up or down fluctuation is regarded as a new trend. Dont recall Buffett ever writing anything but the exact opposite of this.
The cognitive dissonance here is on such a level it looks like gaslighting, but it has give me stomach ache level laugh this morning.
Kallu, "This is basics of investment mate, past is no guarantee of the future."
And yet you site Buffet as the way to go. You are only basing your decision to use the Buffet system based on its HISTORICAL success.
Likewise it makes a mockery of you continually glossing over ABF's abject SP performance over the last 5 years.
sigh.....
Doug I will be more than happy with 4-60 let's hope it's not to far away
My shopping centre has so many closed down shops I don't bother going any more. Happy to just buy online as I've done for past year. BOO will be fine and I've plenty cash coming in to keep buying more BOO shares at these low levels. Berenberg's 460p prediction is encouraging.
Kallu it’s ok to base your conclusion on the past three months if you wish but i can assure you that the rest of the available data shows that for the past 11 years internet sales have grown consistently year on year and as I pointed out, when I asses trends I prefer to look longer term than the past 3 months.
The key is not taking one data set in isolation.
Kallu - I do not believe at any point I have resorted to personal attacks. Whereas you keep dropping snidey comments like the one below with the sole intention of winding up investors here in a company yourself are not invested in.
‘ If you want to be a serious investor and not a gambler like most on this board I urge you read source information on not depend on financial journalists.’
You can tell you’ve been rattled this week by the poor numbers and forward outlook over at ABF as you have stepped up your decamping campaign a notch. I’ve got no problems with a bear case, it makes perfect sense to be fully researched on both the upside and the downside. But your basic thesis that online is doomed and bricks and mortar is the future because rents are now cheaper doesn’t strike a chord with reality and makes it hard to take seriously as an investor.
You’d be much better over on the ABF board with your like minded folk because let’s be honest, no one want you here.
Kallu - what that data tells us is that internet sales using all metrics has been consistently growing year on year and each month compared to the same month the previous year apart from jun jul aug of 2021.
It also tells us that the growth in 2020 compared to 2019 was considerable.
The long term trend is that internet sales is growing year on year but the 2020 vs 2019 and the 2021 vs 2020 figures are abnormal compared to the underlying trend. Not surprising given the forced closure of retail increasing internet sales and subsequent reopening reducing it to more normal levels.
So either the lock downs and forced closure of high street retail caused the anomalies or the last three month trend is indicative of internet sales (that have previously been increasing every year) have reached peak and are now going into decline.
Personally I interpret the data as showing internet sales increasing year on year, the lockdowns forcing the pace of this increase artificially during 2020 and the 2021 data showing a return to normal, that the long term trend will continue and we will see internet sales continue to grow. Of course that’s the beauty of data one can interpret it in different ways but when it comes to analysing data such as this I do prefer to take as much of the source data as possible into account to base my decisions on rather than just the last 3 months.
Kallu - if you ‘go back to the source’ I believe if you read the ABF press release from Monday they explain the last three months Primark sales had a large element of pent-up demand, as in a one-off shot.
So yes some consumers who don’t like shopping online or can only afford to shop at primark couldn’t wait for the stores to open. I would out to out that they are in the minority.
Plus it’s awfully ironic of you mocking posters here for posting up sources from news sites off the internet, I believe you are the king of such activity. Or even worst re-posting Twitter posts from your moniker ‘ABFInvestor’, usually backed up by a link to such news sources, as evidence,. You couldn’t make it up.
Pmoran also a reason why its a waste of time even engaging, stuff taken out of context reposted , gaslighting all the time to try and prove a point, i gave up trying to reason, all he does now is troll, fortunately you dont have to read his diatribe (which does sometimes come with valid accountantcy relatedpoints ) i thoroughly recommend green screening anyone who appears to have issues. Anyway just dropped my oldest (daughter) off at Uni as well today, just about squeezed half of Ikea into her room.
Dan
That’s a perfect example of what I have tried (and clearly failed) to put across to you. Namely that you have a tendency to take someones comments out of context to suit the argument you cannot help yourself from having and that you clearly feel you must win any which way you can.
You stated in your earlier post that “ What I say is lost on this board as people on here are plumbers, ex-salesmen or small shop clothing manufacturers. What they own is a share in a business which has a valuation”
My response to that (in full) was actually “ As for the people on here I’m not sure what their professions are but since the late 80’s the number of individuals who invest directly in shares has grown considerably and there are sure to be plumbers and blacksmiths or any number of other professions out there who manage their own pensions and isa’s and I don’t see why that should make them any less qualified to have an opinion about a share they own than you me or anyone else.”
Not that everyone (or anyone) who posts on here is somehow qualified to be part of “a private equity fund where the team is materially made up of plumbers”