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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!
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.
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
This timeless number has 60% off!! Medium & Large sizes are still available - FILL YOUR BOOTS!
https://www.boohoo.com/burna-boy-4-pocket-longline-hooded-puffer/MZZ36616.html
100% AGREE!!
BOO want & I have no doubt will be @ the very top of the leader board in future years & BOO know it will take time & money! All the boxes will be ticked regarding profits, standards & ethics etc. It's marathon not a sprint & if quick profits are your bag then trade the SP peaks & troughs!
The BOO SP has followed a positive channel pattern on different time frames since the 20th October 2020 with peaks & troughs on its journey to the next set of results in 2021. The anticipated December trading update & auditor news may steepen the channel or cause a gap up in the SP or perhaps not. Nothing to worry about regarding the SP IMO.
Skeletons in BOO’s cupboard? This is true but all shares / industry sectors are tainted to some degree & no company is 100% perfect & if BOO left Leicester the next news headline would be ‘Thousands of workers left on the scrap heap by profit driven BOO’ BOO are HIGH PROFILE & a household name & therefore ripe for media click bait stories. Perhaps BOO is an ideal candidate for the shorting brigade due to BOO’s popularity with private investors who tend to panic / be impatience.
Lower channel line: 1st node: 20.10.20 @ 8.0am (SP:226.56) :: 2nd node: 11.11.20 @ 9.0am (SP:263.82) :: 3rd node: 24.11.20 @ 9.0am (SP: 287.96).
Upper channel line: 1st node: 20.10.20 @ 9.0am (SP:249.54) :: 2nd node: 9.11.20 @ 11.0am (SP:287.96) :: 3rd node: 18.11.20 @ 9.0am (SP: 306.15).
This pattern can also be seen on the 30 Minute, Four Hourly & Daily Chart.
IMO Jaeger was a premium brand & I guess has a lot of older loyal customers. I've purchased Jaeger products in the past & was very pleased with the quality. Not sure how Jaeger is perceived in 2020.
BOO purchase? If the price was right they probably would!
In a statement Boohoo Group said: “We’ve been in regular contact with Ms Kendall and her office. Our CEO has met with her twice, including most recently at our invitation to discuss our Agenda for Change following Alison Levitt’s report. We were surprised to hear Ms Kendall state in parliament that she hasn’t received our supplier Covid plan, which her office received earlier this week. In the interests of clarity, we have requested Ms Kendall correct her statement.”
Short & sweet & 100% On point! Well done BOO! :]