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Peoplepower1- thank you, even better!!
I can smell it, 450 Wed - smells lovely
Trader258 - Boohoo own 100% of PLT, Boohoo already owned 66% of PLT and bought the remaining 34% about June this year.
Thanks all for the responses. Chrishbar, I particularly like your point about the outlook for Boohoo being better now that it was end June and Xmas coming etc. Those are good reasons to hold. Cheers
ForeverNever that was on purpose so I could get the baseline and compare on previous years.
Hover over March 2020 and it is 75% , April 2020 and it is 100%. This year the peak and the base is much higher than previous years.
Chrishar- I didnt like the start but I loved the end.
I don't think 434 tells us much as it was only briefly hit and at that point the sp may have been getting ahead of itself.
On the other hand, late June the global outlook was not as bleak as this. There was the possibility of a vaccine being widely available and the world back to some sort of normality by now. The fact it isn't, and christmas gifting is almost certainly moving online, boohoo is worth a damn sight more than it was in late June...
Prediction Wednesday open - £4.20 rising to all time highs by COB.
Steve.
I was looming at this today. I'm afraid you have it on the 6 year chart. Change to the last 30 or 90 days and it's pretty lumpy but flat overall.
I was expecting an increase but not to be. Same applies for BooHoo.
I did notice BooHoo face masks up 4500% at a fiver a time:)
Here are the two brands for US search traffic. They have both gone up by at least 25% for the last 6 months, with a massive COVID spike.
https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=Pretty%20little%20thing,Boohoo
Yeah, international expansion, with Love Island USA being popular, is what I think is going to be a major driver.
If you can crack the US market, this has just become a whole other share.
I think people are forgetting the all time high (after q1 results) WAS 434. Sales will have naturally increased (given summer months, post lockdown, pubs/society opening up again), with the report on Friday and international expansion developments there is no reason why this will not reach an all-time high Wednesday (since q1 they have now snapped UP a majority stake in PLT)
Ultimately the choice is yours but probably best not to base your decision on one contributor for fool, especially when another was suggesting it as a buy on Friday at a very similar price..
Sell if YOU think it best, hold if not. Personally I'm holding.
Archy147- One of their contributors has always been cautious of Boohoo citing Warren Buffet quotes, unfortunately, he was so very wrong.
I agree you should do whats right for your circumstances but selling 1 trading day before results day is silly...
You should do what’s right for your circumstances
Gentlemen,
I have been in here since 220p in July and cheering it all the way up, like most here.
Now they’ve made it back up to just a but lower than their all-time high from late June/early July.
Is there not now a risk that anything other than superb results will result in a pullback on Wednesday. So often I hear about share prices rising up to results day then dropping on the day itself. There must be a significant risk of that happening here?
I’m on the fence here, have sold 1/3 of my holding at 380p, now wondering if I should be slicing more tomorrow. Grateful for any thoughts.
Ps Motley fool have unanimously been behind Boohoo the last 3 months so interesting to now see one of their contributors taking a bearish stance...