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Big - yes but SP is down as people think delisting from brands, extra investment in production, and loss of support of influencers will hit sales. I don't know but you can't base your valuation on historic numbers.
This BB is ridiculous.
People conversing as though we should/do live in the perfect world.
These things happen !!!
Get over it !!!
Base the company SP value from the financials and you might understand how cheap this currently is.
We dont and we wont, ever live in the perfect morally coded world all preach about currently, it would be lovely to do so, however this is not reality.
Many companies have been through what BOOHOO has... and have come out the other side a stronger company from learning their mistakes.
Very cheap at this price if you can buy.
Pook - yes some but some ppl here are just genuine investors who lost money. Agree these boards are full of people who think they can affect the SP, valuation will do what it will do based on newsflow and business progress, alot of wasted energy
These are the sorts of company's that consumers ought to be boycotting. Disgusting to put profit above morals imo
What good faith mornington? People piling in over the past few days are speculators - nothing more nothing less.
I feel sorry for those who already held the shares but not the chancers trying to make a quick buck before fleeing.
under 248 so 202/204 probable but may see a bounce at 213. if under 202/204 then 180, below that 130/140. it is oversold down by 200p but that won't matter until selling is done, so if anyone trys to catch a falling knife, be prepared for volatility as it can easily slide much lower on nothing more than stop loss selling.
Morn - I totally agree except in the case of those like pplpower slamming anyone who disagrees and spamming the board with the same comments over and over
All these “I told you so” people gloating on here are shameful. Many people bought in good faith and are now losing money and even though I’m not invested here I know the feeling all too well.
Yeah, But isn't £3bn MCap a bit frothy ?
I think below 180 is extreme as we would be approaching the pandemic market crash figures and this is a different kind of beast which should be settle in around 200-220.
Company getting what it deserves using slave labour. 200p here we come...
This will drop to 150-180p. Can't see it dropping much lower than that
if under 248 then 202/204 and if those broken 180. at 180 one would expect a sizeable rally attempt given break there leads to 130 and argues fundamental change in ability to trade imo. which may happen, although one assumes the company will take measures to dispense with the issues at hand. in such a case, the shares would move higher to 300-360p. but levels are levels and must be followed and reacted upon.
is a £3bn MCap a bit frothy ?
Your bonkers! If it goes below 250 that'll be a shocker.
I think Boohoo will bounce back to 350 eventually but there will be more pain. At this rate, I can see the stock dropping to 220, perhaps even 200.