Member Info for alex1621

BFD - I think the one thing we could all agree on is that none of us know for sure what the motivation is behind the Fraser purchase. All will be revealed in due course.

I didn't say that Ashley would buy all of Boo and sell it on to Shein? So no, I don't believe that either.

What I said was that he would sell his stake to Shein, and they will engage in a takeover, after which Ashley will pick up Debenhams. If Shein buy a large block of shares it will not be that difficult to get an offer over the line. If an offer goes in I don't think either institutions or retail investors will stay loyal, and the Kamani's don't have enough to block it.

Pure speculation on my part but I think Ashley would relish making money off the Kamani's and getting back a company that they got from under his nose. Petty, of course, but that's human beings for you!

I think he is bag carrying for Shein. He’ll sell to them and they will hand over Debenhams to him. There is more to his activity than simply passive investing.

I read a tweet recently about someone who bought Next at 20p and sold at 37p. At 20p it had experienced Boo like falls. He was pointing out it is now over £80.

Rolls Royce was around 40p or so at the worst of the pandemic.

888 was at 28p or so, went over £4.

I’m not predicting anything, but if sales stabilise and margins recover this could do very well during a consumer boom. And they do happen.

You don't have a holding, and you are not a new poster. Only the name is different.

Hexam - I've never had an issue with your posts. Nevertheless, there are posters on here who are disingenuous, for whatever reason.

The commentary on the daily moves can be tiresome, as they are irrelevant unless backed up with some solid improvement in the fundamentals. None of the spikes that we have seen have signalled a sustained move. So I wait for the tide to turn in terms of the business fundamentals . I'm more optimistic than most having observed retail companies over the years. The environment of the last few years has been bizarre to say the least, and I'm not sure that anyone can say for certain that Boo is incapable of a strong recovery.

In the Times today they commented on Frasers purchase of more shares as follows:

"... with some in the City speculating that it is betting on a revival in the fortunes of online retailers". If that is the rationale, it is one that I'm sympathetic with. I'm also suspicious about Frasers past dealings with Shein. I wouldn't be surprised if a carve up isn't on the cards.

Of course you are loving it.

I remember when you first posted. It looked like someone pretending to be an innocent poster. My first impression was that you were an existing troll under a new disguise. Subsequent posts have just reinforced my first impression. The mask always slips.

Why would someone spend a considerable appoint of their time "bashing" (being negative) about a share?

The rational reason is because they are short, and they want to spread as much fear and doubt amongst retail investors as they can.

Another reason would be that they are paid to do so by professional shorters. For the same reasons as above. I'm not sure whether this is an urban myth, but it at least makes sense.

Another reason would be to annoy a fellow poster who you have some history with. A sad reason, but again there is some rationale behind it, however stupid it is.

Another reason is that they are nutters who get their jollies winding up people on boards of companies that have fallen hard. You can be fairly certain that most posters are holding uncrystallised losses. They tend to be fantasists and loons.

There are the odd posters who look at a share, and decide not to take the risk. They might go onto a board and give an opinion, usually a negative one if they have doubts. They tend not to hang around, or post frequently.

North of 60p? I suspect if bid speculation leaks out then it will jump very rapidly above that in a matter of hours … no one will get a deal at 60p. I wouldn’t be surprised to see a carve up between Shein and Ashley. So I’d watch the post IPO period carefully.

It only takes some leaked speculation to create a rush to the exit by shorts, coupled by speculative interest. Superdry just one of many examples. We saw something similar with THG last year.

I wouldn’t be surprised if Ashley is holding so that he can sell to Shein. He has form and the two companies have engaged with each other. What better a purchase than BooHoo to provide all the infrastructure you need for your operations, at a relatively cheap price. Post IPO I would watch them carefully.

Some of this board reminds me of the song "I'm going to sit right down and write myself a letter"?

You know who you are.

The company won't turn until the sales start to recover and the retail sector comes out of its current slump. When that happens is difficult to predict, but if central banks start reducing interest rates we may well see the beginnings of a retail recovery.

But anything can happen, just look at Superdry. It has multiplied 2.7 times in the last 5 days.

I don’t think any retailer is doing that well, not even Shein. It is not a good economic climate for retail sales. The pleasure of investing in a cyclical sector. Who knows when that changes, the only certainty is that it will.

Correction… Sir Paul Marshall of MW.

Who is looking to buy the Telegraph? Wace, of Marshall Wace.

A Mike Ashley day?

No surprise as this economic climate is not favourable to cyclical stocks like retail. Every sector is affected, from luxury to discount. It will turn eventually … falling interest rates may well be the catalyst.

Agree with this sentiment. What will lift the SP and ensure a steady re-rate is improving numbers, so that is what I am looking for.

The economic outlook is improving and the cost of living squeeze should soon be in the rear view mirror. That should help steady the ship and hopefully we will see better results.

A sudden departure is quite unusual, and my best guess would be a disagreement over something, or a falling out between people. The sector is under pressure and whilst Kamani’s “boom time” may well appear in the next few years at this moment it’s a hard grind for online retail. Relations can become fraught.