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Don't forget the part the Republican senators in the US and their power lobby and lawyers play in this. Can't be owned by Chinese money - has to be sold to the US - so much more secure for us knowing its Uncle Sam bleeding us dry.
That word began with a by the way, as in sat on back side!
when will this govt finally get what it has done? companies delisting from the stock exchange in droves, companies moving out of the uk after the brexit hammer finally fell, consumers having to pay higher prices all round for everything, what's economic or competitive thats left for the uk? nothing, sunak and his cronies have closed britain and its isles down, most companies now have a base in a tax friendly regime, kamani and his family now spend most of their time in dubai, no one can be ****d with the high taxes, and high inflation that the uk continues to deliver. sunak now talks about offering tax incentives for people to stay here, but it's too late, he's offering it half heartedly after the horse has bolted.
the kamanis offered employment to leicester and beyond, in areas deprived of the chance to work, and in the end, this hapless govt forced the business to close the factories and put people out of work, who then become onerous on the state for benefit. why is sunak and this govt so so short sighted? don't even answer. they've closed the uk down, it's no longer open for business, and anyone with any sense will move their operations out of the uk. my views.
Toffers their MO is obvious. They post garbage to try to disrupt any real debate, goad other posters and then report them.
i've suggested reporting them for ages, for some reason others seem loathe to do it.
but it's definitely the way to go.
“For us to move out of Leicester, it’s very easy for us to take all our production offshore,” he said. “Lots of people in the fashion industry have moved offshore. We are still here and sometimes, sometimes, it feels like we get punished for it, just sometimes.”
With concerns among campaigners and industry sources that Boohoo was looking to move more of its supply base abroad, Kamani did not answer directly whether he had been looking to do this."
source: The Guardian 2020
who could blame him if he did? The Tories have driven all manufacturing businesses out of the UK. Brexit sealed the fate, as the import charges to get materials in to the UK has been a crippling cost for many.
To be fair the sp is flat over six months, and flat over the last week. So pretty much saying its not completely doomed, but neither a stellar growth stock.
"The group is now well positioned to return to growth, and we are focused on ensuring that growth is both sustainable and profitable. We will host a capital markets day in due course to provide more detail on our strategy, key growth drivers and the longer-term outlook for the Group".
source: yesterday's rns
Mr Market has been saying the opposite for two years though.
Look at that sp.
So low its trapping in loads of people at ramper inflated highs while the powers that be decide what colour lambo to buy next.
And some on here claim to dine with them
You say you hope and dream.
A sound fact based reason for being invested.
Have you not considered buying shares low and selling high??
I have a plan for my money here, do you?
"return to growth,"
"The group is now well positioned to return to growth, and we are focused on ensuring that growth is both sustainable and profitable. We will host a capital markets day in due course to provide more detail on our strategy, key growth drivers and the longer-term outlook for the Group".
source: yesterday's rns
"We have a highly loyal customer base and throughout the year we remained focused on maintaining our position as an industry leading, fashion-forward group with brands that deliver on-trend, high quality fashion at great value prices. The strength and diversity across our core brands means the Group is well placed to serve a global customer base across fashion, beauty and home."
source: yesterday's rns
How much have we read about shorters getting burned on here?
Not aware of it.
Cries of manipulation, where's the proof??
Where the action?, Don't like it, do something about it.
Dont like this game? Then play another one
Or just keep starring at the red on your screen.
Not so superhero sam reported, contributing nothing of worth, clearly is shorting and not invested, and appears to be rude with it as well. Shame on you Sam12345!
Are desperate to get this down. Shouldn't be allowed to post on this site, it's disgusting really. Perhaps we should all report them?
Imagine wasting your time daily in here, flag waving whilst the sp drops and people do lose money
Like plaiting fog
Problem being MA likes to take things for peanuts when they’re in administration
Goldman Sachs’s increasing the price target for BOO. I’m surprised how well these results have been received. I’m concerned about the US distribution centre which is a massive cost/risk especially with JL saying it has been much slower than expected and we are not onboarding anymore brands over there until we get PLT and Nasty Gal firing.
The gleaming light is certainly the importance of DEBS. Can see why Big Mike threw his Dollie’s out when he didn’t get it and now it seems personal he wants it back for his Frasers empire.
Interesting times here especially with Shein listing round the corner and the upcoming pressure to close the loophole.
If that loophole is indeed closed Shein’s competitive advantage disappears overnight…
Hi Hex
Good post as usual
Share prices can go up and down
But it would appear that in the world of the troll swarm there are only downs Johnbri
Imagine wasting your life trying to pick arguments and hoping people lose money.
They genuinely are winners. Well, until like daytroll, you finish second in your own little two horse race
You missed the Irony Tradey
Is it just Boo or is it many industry figure Spidey, such as Wolfson at Next. Not to mention all the politicians in the US saying the same thing and the French waking up to Shein.
I think you know the answer.
Trading4good
Why are you here?
Man. I see the nurse gave the Daynighttroll gang an extra hour in bed this morning after yesterday’s marathon. They must have been really p!ssed off when they finally called it a day last night that blood wasn’t shed on here. Hopefully the sp holds its own today and tomorrow and like the weather over there a little blue sky appears.
Boohoo urges Government to plug tax loophole exploited by Shein — before it attempts to list in London
https://www.thesun.co.uk/money/27808842/boohoo-government-plug-tax-loophole-shein/