Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Apologies.. Woke up from nightshift and just seen the figure lol.
700k unit sell after market today
3.25 for me
Happy for sideways day today.
Not losing when the markets in a general down day can be just as important as winning on results day.
An article was posted at lunchtime today and if it represents the full attempt at manipulating price for shorts on this stock then its an extremely poor, if not the poorest attempt I've seen in a long time.
Hi Steve,
Nothing wrong with opinions or being wrong etc, I'd be happy to be totally wrong and your predictions to be spot on haha!
Different views and opinions is what makes the markets go up and down of course.
Looking forward to what the next 7 days hold for us all
Brass,
I'd love to see 400p, I'm not sure in the current markets its achievable for now though. My target is in the 365p region. If price pushes there after results day, a gain of about 15%, I think I'd be inclined to sell purely because of my own trading strategy and nothing to do with where I think boohoo will go long term.
I see this stock about 500-550p in the next year to 18 months but I have my own strategies and stick to them, It has cost me extra returns in the past but hey that's the name of the game sometimes.
Will be interesting to see what happens today and tomorrow. They aren't the days for glory and results but they're massive in the context of share price staying relatively stable in order to assist going forward. A 15% jump next week will be nothing to shout about next week if a general downtrend wiped it out the week before.
Let's wait and see, hope its a good one for all involved.
Hi folks,
Have been following the forum for a few days as I'm invested in boohoo and thought I'd add my 2 cence to the discussion which has been a lot more informing than some other sites I've seen.
I think boohoo is an excellent share, if a little unpredictable at times but I think that's the nature of the world at the moment rather than a stock issue. It has gained well since it bottomed out, I personally think its stuck in a pricing zone just now though. £3.20 was formidable and I know we've pushed back down into that range just now but it seems to be holding well at that support level, I'm glad it's showing as much support as it did resistance on the uptrend as so many stocks are getting wiped in the corrective faze.
3.35 seems the next logical barrier for me, folk have said 3.50 and above but if you look at January/February this year, it really struggled around that mark. I'm glad we had a test of those waters earlier in the week, it makes for good regions into results week and in an ideal world it would push towards that by close on Tuesday, but I think it will be around 3.25 when results are inbound.
About the results, I think they'll be blow away insane. Not in a arrogant or 'I'm in it so it will win' type of prediction. Other companies have done well online during lock down, there's indication from management of confidence by acquiring other brands at good prices and online sales have increased massively. Companies like amazon have had issues with suppliers RE wages and working conditions previously and managed to rebound easy with little to no long term damage.
Most importantly however, look at what consumers are doing. Social media indicators for boohoo are insane, they're well advertised in the age range they predominantly target and offer great prices. The younger generation certainly head to boohoo during online buys and I see this as a massive opportunity to get in at a good price for the next few years.
Sorry for the long post. Cheers for keeping me entertained recently with your informant posts.