Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Looks like we'll be getting a TR1 from.justin soon as stock approaches 40p is my guess
12p looks like next support. I knew someone was ramping the backside of this to there thousands of followers and thankfully sold into that rally. I was also a bit nervous about our revenues being all focused on this final quarter as have seen bars with barely anyone in them.
I'll buy back at 12p ish though as good risk and reward at that kind of level.
T4G the self appointed administrator of this BB. When the chart points to low 20's and analysts are predicting a very tough 2023 and Boohoo have very likely increased their debt... why shouldninvestors buy now? From here to say 50p is 30% gain
But wait for low 20's and then to 50p = a 100% gain
Big difference
Also I am getting emails alerts now from BOO saying 85% off!!!!
They're giving there clothes away. People will have ordered at Christmas and now the returns will be hitting BOO hard.
I just don't get why you love this share so much and can't see the obvious downside risk that's smacking the rest of us in the face
The group has not gained much share of the UK online clothing market in the last three years and has clearly lost massive ground to Shein in the US and to online marketplaces in Rest of Europe," Liberum noted.
"Given the ground already lost to Shein and plans to open further local distribution centres in the US, we think Boohoo will struggle to reinvigorate growth even after the opening of their new DC (or at the least the growth could be rather costly)."
It added: "On profitability, while headwinds are turning into tailwinds these will need to be reinvested into pricing, marketing, and improving the consumer delivery and returns offer."
The broker is forecasting negative free cash flow until FY25, hence why the shares look "optically cheap" at only 0.4x EV/sales and 9x EV/EBITDA.
"With no FCF or dividend support, diminished prospects in its markets and lack of visibility on the scalability of its newer brands, we believe there is better value elsewhere for now," it said.
I thought point of decentralised currency was that it couldn't be manipulated or artificially devalued yet you're saying its being kept down on purpose LOL
Its a ponzi, an electronic tulip people only buy it to trade it for FIAT Currency anyway and clearly its no hedge against inflation or a store of value.
Its worthless and so is ARB
T4G you smell of desperation overexposure and frustration.
FYI their r stocks out their trading at less than cash but for some reason u think the tentative value of the PPE here sets a base for the stock price, err ... wrong.
Why do you think their remains a hefty 5% short interest on this share.
Why do you think many analysts are pointing to better value elsewhere
Why do you think competitors such as shein are performing far better than boohoo
Why do you think boohoo were flogging clothes at 80% discount recently
How much of the debt have they used since last update?
With the economy in trouble why is it you think boohoo would not issue further profit warnings
Why did the CEO invest in REVB after auditor found problems
All you see and want people to see is the potential upside well its a year or more away if ever. In the meantime the price here will be dictated by sentiment, shorts and the charts hence why its headed to low 20's
As people have been pointing out all the way down from the highs whilst you've been wrong and in denial every step of the way.
So calm down you don't own this BB
Who's this T4G guy going round reporting all posts he doesn't like because HIS VIEW is that they're lies?? Feels like I've just walked into his living room & accused his wife of cheating on him.
Every word in that last post isn't even mine I copied it out of a article. You just don't like it cos it says there is absolutely no value here whatsoever and the business is gun struggle through 2023 at least and your prob sat on heavy losses
Well m8 they're going to get heavier soon cos the chart and fundamentals point to low 20's. Youve been in denial all the way down
Liberum said on Friday that fast-fashion retailer Boohoo "will struggle to reinvigorate growth" even after the opening of its new distribution centre in the US.
The broker - which rates the shares at ‘sell’ said that while Boohoo is confident of achieving pre-pandemic growth and margin rates, it is less convinced.
"The group has not gained much share of the UK online clothing market in the last three years and has clearly lost massive ground to Shein in the US and to online marketplaces in Rest of Europe," Liberum noted.
"Given the ground already lost to Shein and plans to open further local distribution centres in the US, we think Boohoo will struggle to reinvigorate growth even after the opening of their new DC (or at the least the growth could be rather costly)."
It added: "On profitability, while headwinds are turning into tailwinds these will need to be reinvested into pricing, marketing, and improving the consumer delivery and returns offer."
The broker is forecasting negative free cash flow until FY25, hence why the shares look "optically cheap" at only 0.4x EV/sales and 9x EV/EBITDA.
"With no FCF or dividend support, diminished prospects in its markets and lack of visibility on the scalability of its newer brands, we believe there is better value elsewhere for now," it said.
Liberum said on Friday that fast-fashion retailer Boohoo "will struggle to reinvigorate growth" even after the opening of its new distribution centre in the US.
The broker - which rates the shares at ‘sell’ said that while Boohoo is confident of achieving pre-pandemic growth and margin rates, it is less convinced.
"The group has not gained much share of the UK online clothing market in the last three years and has clearly lost massive ground to Shein in the US and to online marketplaces in Rest of Europe," Liberum noted.
"Given the ground already lost to Shein and plans to open further local distribution centres in the US, we think Boohoo will struggle to reinvigorate growth even after the opening of their new DC (or at the least the growth could be rather costly)."
It added: "On profitability, while headwinds are turning into tailwinds these will need to be reinvested into pricing, marketing, and improving the consumer delivery and returns offer."
The broker is forecasting negative free cash flow until FY25, hence why the shares look "optically cheap" at only 0.4x EV/sales and 9x EV/EBITDA.
"With no FCF or dividend support, diminished prospects in its markets and lack of visibility on the scalability of its newer brands, we believe there is better value elsewhere for now," it said.
I think its a certainty boohoo will be loss making through 2023 but don't worry that is what the revolving credit facility is for. By this time next year they'll be up **** creek without a paddle.
There is just no scenario where people rush out to buy clothes from boohoo over the next 12m.
People are losing their homes for crying out loud. People choosing between heating or eating. Boo absolutely SLASHED costs over the busiest trading period of the year to try and get sales up talking 80% discounts and yet STILL the girls in my family & their friends shunned them for the likes of Primark & Shein.
TU is going to be a car crash and thats why there's still a whopping 5% short interest in this stock and why the chart is still pponting to 22p
Haha some posts ere made me chuckle. When I saw borrow I don't mean borrowing off my mate I mean IG won't allow this dog to be shorted at the moment probably cos they know its a slam dunk
Any other spreadbetting platforms allowing shorts on ARB that anyone knows of? Come on guys surely you don't see a future here???
MEDI technically there is a gap to fill at 93p. Dont shoot, the messenger and nothing goes up in a straight line. Rolls will be higher in time I fully believe that I just think u need to expect a pullback after the kind of rise we've had.
Can see the shooting star candle from Friday on the daily chart as well as anybody which when foming after a good run its a signal of the trend changing albeit temporarily I feel
These couldn't make money when bitcoin was more then double todays price
These mining machines are all gun need replacing in next year or 2
Company are saddled with debt
Bitcoin is a ponzi
I tried to short this but can't get any borrow. Gutted. It'll be bust by this time next year
Having approval to sell and actually selling are 2 different things
At over 100m market cap and no profits to justify it I do wonder how much value people are putting on fda approval, especially with company burning around 1m a month.
I said the gap at 50p would get filled and that was right after the spike up but people laughed. I now think this will trickle down with a few dead cat bounces along the way until either next fundraise or some material sales news.
Chart looks like 30p could be seen in my view. Laugh again if you like but we will see in time. I think I'll be proven correct
People.like you Simon have been ramping this and calling the bottom all year yet SP has gone on to make lower and lower lows. Shorters in full control here and they're wanting low 20's as people like me been saying for long enough. Its written all over the chart. Plus the company is saddled with debt and made a bit of a dodgy purchase in REVB even after knowing there had been accounting fraud. Boohoo has been knocked off its perch by likes of Shein there is just no denying it. They have a better range of clothes and they're cheaper. All boohoo can say is that they can deliver quicker, well so what. In this type of economy its price that drives consumer decisions im telling u right now there's another profit warning looming for BOO & despite what the assets are worth etc... this is headed low 20's
All this talk of a bull market is nonsense yes it will come but is at least 6m away how low will BOO shares be by then? There will be at least 1 more profit warning in that time which will take this down to 22p. Its like a magnet for the SP everyone knows its coming and that retail is struggling so why on earth would they buy this now? There are stocks trading at discount to CASH right now and yet some of you seem to think this cant trade any lower than this u r dreaming.
As soon as the economy starts turning do you think 1st thing consumers are gonna do is rush out to buy BOOHOO clothes?? Lol
Few of you pointed to big rise in number of website visits well durrr...
You do realise that boohoo were running an advertising campaign in game through bidstack don't you? That is the power of ingame advertising for you right there. It is a reflection of the power of bidstack not that consumers have organically just flocked to boohoo