Member Info for Akhtar234

Better investments elsewhere, some also offering dividends. Sure it will go back up and long term do well. Think I can do better elsewhere and make more should have exited when I was 20% up but hindsight is easy

Greed overcomes all of us hopefully you guys do well, for me this has been the biggest turd was up 20% to see that gain evaporate was my own fault.

I may come back if a lower price materialises but looking around think there are better places to make money. This is one turd I want to forget for now.

Sold for a small gain seen a lot of profits eaten up not investing in this bag of crap ever again, better investments out there. Good luck yo everyone holding this has been a waste of time better investments

This is a bag of crap. Waste of time wish I had sold out of this crap

Next share price has been doing very well as compared to boohoo and ASOS which makes no sense at all, with lockdown in place the online retailers should be running away.

Had a look at Next PE multiple has it always traded so high or is it down to earning being suppressed?

Appreciate thoughts

People, think each of the brands are looking to be sold off, not the entire group, they are looking to maximise money here. The deal you mention about Next being front runner, i believe is Topshop and Topman.

If Boo buys one of the others, will go well, especially as Oasis and KM acq have been really good for the business.

Sorry Rag, Had counted as 8 and forgot Evans has already been purchased, thanks for correcting me PeoplePower.

Dan not saying we should pay Dividends now, but there will come a time, if they can not invest the cash to keep growing and as mentioned Boohoo is still early, the dividend will bring bigger players to invest (Not like we have some already) but the big pension holders.

There are 8 Arcadia brands too much focus on the flagship, we could buy any of the others, why overpay, the administrators will look to maximise value here and all these competitors is just to push the price up. Though any deal now will be a discount once the economy is functioning back up and we see the back of covid lockdowns.

As Dan says we have a lot of cash on the balance sheet which grew by £40m in four months so conservatibely we can see FCF c £100m+ annually, the company do not pay dividends, again that is a catalyst to drive value here as big institutions go for dividends, but at the moment that is not where Boohoo needs to be nor has ASOS who have been around for a while pay a dividend.
Think Ashley has his eyes set on Debenhams, he would loved to have bought Topshop from PG.
Below is a list of retailers gone into admin,
https://www.retailresearch.org/whos-gone-bust-retail.html

Buying parts of Arcadia for the right price makes sense, better to make no deal than a bad one.

Also part of the negotiations for Topshop will be keeping open some of their stores, which makes sense as Next can consolidate, the Oxford circus store is a prime location and real estate acquisition.

Boohoo is growing quickly and recent update was good to see US numbers, I really think that will be our catalyst going forward, this week the share price is frustrating especially with a stellar set of numbers. Do we need more brands? no but diversifying is not bad and plenty of others to buy out there, Arcadia is one of many, so if people want to fight over Topshop let them, there are other brands we can buy if we want.

Think the Tech and delivery side should get more focus personally.

Why would losing top shop take this to below £3? Boohoo doesnt need top shop more like the other way around.

We have a lot of brands already and always others to acquire. Look at M&S buying Jaeger.

It’s a big bag of sh it

This is the biggest bag of crap out there , the share price has been absolutely poor.

Had other targets and should have traded , good luck with those selling higher and buying cheaper.

This is a load of crap retracing the amount it has, better companies elsewhere

They should leave this manipulated index and go to the US. A good set of results exceeding and the share price drops.
Bunch of pants

Thanks Dan, no i havent will check it out, do you have twitter? my handle @AK_47UK

Think it is great a CEO focusses on numbers but the best businesses are those that are visionary hence the likes of Tesla, Musk focussed on the product and service and its paying off for him. Data is key hence Tesco was the masters of it when they started expanding, but you still need the product service offering.

Dan you have to think why Next has been so much more successful that Topshop? they are still pretty a bricks and mortar business with a growing online business.

People like the brand and there sales gimmicks, people go for fashionable items where they think they are getting for a bargain, that is how we behave and it works.

Think this board is proactive Dan, they have nailed the platform which is digital and it can be improved further.

You are right, they can not afford to sit on their laurels, I think the owners son Umar is very savvy and gets the social media scene, he has a lot of celebrity friends and has a cult following himself, he is based in LA, don't think there is a need to have an office there only to woo US influencers and celebrities and for him to maintain his playboy lifestyle.

Think if you have seen the parliamentary enquiry and some of the actions they have put in place and appointments. Boohoo, have a good mgmt team that will look to enhance boohoo, we have all been talking about topshop acq I rather we spend more money enhancing the service and distribution. Let’s see if anything gets announced ASOS announcement of new distribution centre came as a surprise.
The board have incentives to grow the share price and I can see this happening

But I respect your points about Shein as they are growing and Boohoo will not have to take the threat lightly and i do not think they will.

HI Dan, do not think it will, China is moving fast, but if you follow the trend the lower value add businesses are moving away from china and relocating, China do not make the best clothes always been South asia, that is where traditionally the Manufacturers are based and if you look at the labels that is where they come from. Your putting words in my mouth. It is a reality of where some of the businesses are, but they have some great businesses such as Huawei, ALibaba , Tencent and many more that are leaders and in a few years China will be the biggest country in the world, but as you know China are focussing more on the next revolution and not the past. Also with what has happened last year there has been a bit of a backlash to chinese companies driven by the Trump administration will be interesting to see what Biden does. Also the share price here was impacted by the leicester scandal, you are aware of the COncnetration camps in China, not good for their image and a lot of people are opening their eyes to that. Anyway I really do not know what this fascination of Shein and TikTok you have come from, Youtube and Instagram are platforms that will still give us high growth and boohoo has been a great success and will continue to do so, there is plenty of room to grow. Zara parent company is a 82bn market cap, can Boohoo not grow to a 10bn company at least?

Yes UK talent has been tapped into and will continue to do so, we live in a free economy where companies can come and go, but boohoo is a UK company and western companies tend to be seen higher values which China aspires to.

With what you say about investing, that is true for all, just think we are not there with Boohoo and still see many years of growth. People pay a premium for service and Boohoo can get there.