Adrian Hargrave, CEO of SEEEN, explains how the Company is now funded through to profitability. Watch the video here.
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"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
"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
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?
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
"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
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.
“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.
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.
That word began with a by the way, as in sat on back side!
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.
Oh dear … more lies. “Mr Market has been saying the opposite for two years though.”
SP is up on September 2022 when it was 32.2p. So you’re lying Daytrade but not the first time is it? Anyway what’s past is past. There’s great potential to get back to growth and improve the SP from here.
Excellent post Doug...
Though the sp you state to where it is currently is rather similar indeed, somewhat harsh there, well below 378
Douggie douggie douggie, Irealise you struggle with the truth
please do note it is currently MAY not september.
And currently the sp is a lowly 34p, where it appears rooted nicely.
Back in MAY 22 the sp was a tad over 70p
I get it was a long time ago and your old grey cells are a bit feeble with the shock of your darling boo dropping like a stone.
But clearly Mr Market was right. Since MAY 22 (i.e. 2 years ago) this is DOWN.
Nobody loves a BOO
Clearly Mr Market was right. Since SEPT 22 (i.e. 20 months ago) this is UP.
Then maybe you shouldnt intentionally misquote me then you fool. This is what i posted
“Mr Market has been saying the opposite for two years though.”
And he has.
It was YOU that waffled on about September. Or now "20 months"
Something wrong with you up top.