Member Info for Ableton

If you Google 'Topshop’s demise is the end of an era' The FT article link appears & you can click the link & read the article in full.

On the hourly chart between 1.0pm & 2.0pm the SP bounced off the Bollinger Band moving average.

So many positive catalysts to DRIVE this share upwards @ the moment. I'd normally be very happy with one or two pieces of good news PLUS the pending results. It's like a perfect storm of coinciding news & events! GLA

So many positive catalysts to DRIVE this share upwards @ the moment. I'd normally very happy with one or two pieces of good news PLUS the pending results. It's like a perfect storm of coinciding news & events.
On paper this share has lots of upwards traction BUT as always with BOO expect the unexpected & hold the line if required & wait patiently for the rewards! Pull backs & profit taking will occur I have no doubt.

Common sense dictates that selling this week would be very unwise - This share gapped up considerably prior to the September 2020 results.

Auditor resigns? Complete OVER REACTION!
Auditor appointed? WRONG FLAVOUR (apparently) = Another complete OVER REACTION!

Just goes to show how out of control Leicester is! The VAT & Furlough fraud probably amounts to 10's of millions & hopefully the government will now start taking the issues in Leicester seriously & get some treasury boots on the ground!

It would be very nice to see the SP find support @ 320.

@ragtrade: How would you score their performances & the factory update?
Please add anything else that would be worthy of a score?
You are this BB's resident expert in the field so I very much welcome your comments both positive & negative.

City AM link below:

https://www.cityam.com/boohoo-exits-64-leicester-factories-over-code-of-conduct-breaches-following-supplier-scandal/

Mahmud Kamani: 7/10
Andrew Reaney: 11/10
Factory Update: 10/10

IMO Claudia Webbe has no credibiliy & is a fully fledged bona fide donut!

100% Andrew Reaney will be running the show in the not too distance future & MK will be more of a founder / figure head.

Andrew Reaney is the professional in the room for sure & as sharp as a pin!

My guess is the committee meeting on the 16th will go very well @ best & neutral @ worst. BOO will set out their stall with regard to reforming the industry as a whole & stay 100% on point. Why would they not want to shine in the spot light & truth beknown BOO are probably looking forward to revealing there forward thinking / ahead of the game action plan to the world!

@Laidback! Link? I do indeed & think it could go either way!
Our Chairman may end up saving some of the recently lost high street jobs which is a huge positive in BOO's favor.

Don't forget the media also have it in for the MP's who they may decide to bash more than BOO & MP's cant be seen to bully @ the moment since the Priti Patel investigation. Note also the vaccine & BREXIT news is front & centre @ the moment & the timing of last weeks Daily Mail article was no accident! The article was painting a picture of our humble & well grounded Chairman. My guess is 50% of the papers will be positive / neutral & 50% may be negative.

As far as I’m aware BOO are the ONLY clothing company publicly taking the bull by the horns & trying to make things right with regard to supply chain & working conditions / practices.
You can count on Mr Kamani being very well coached prior sitting down with the MP’s & anyone who’s been involved in any litigation / sit downs or similar will know the hours & hours spent preparing for these types of situations where professional reputations are on the line.

Posts showing with lines though them all? Yep!

Link below to the Wales Online website (apologies if this has already been posted).

https://www.walesonline.co.uk/news/wales-news/clogau-st-davids-alba-gold-19384122