Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Kallu "least till I die or till there is a revolution. You can keep dreaming"
Indeed we dream of the former! How's dumping PFD for ABF, seems awful timing as PFD has risen 10% since and all your cheerleading skills has seen ABF drop the other way! Need to work harder converting more Boo holders....
September update should finally update the market on the impact of Debenhams market place along with Burton and Dorothy Perkins. With recent news of warehouse expansion over next 5 years I'd like to think there is positive momentum.
Would not sell any shares with rise into results expected. Trend is your friend, look at the cycles leading and post results ( unless you hold ABF, then just be blinkered like kallu)
Why kallu even mentions Warren Buffet is a joke. Yes he does not know how share price will move in short term, but you think short term is over 10 years and Warren would sell up if he saw annual decline every year for past 6 years like ABF.
"Look at 3 month chart no downward trend evident"
Too true, same can not be said of ABF, even with kallus cheerleading it's on a death spiral down ( continuation of last 6 years, oh dear)
The fact kallu questions why one would buy a pair of Levi's or wranglers when they can buy a cheap pair of Primark jeans says it all. He's cheap and not very sofistecated (irony is he uses the word in his retort but can't spell!).
Not hard to understand fashion Vs plain beige clothing but need to be in kallus "unbranded" shoes to understand why he bothers.
https://www.bbc.co.uk/news/business-55997641
Unlike Primark Boo is online fortunately, the way to go.
Will inform abf board like kallu likes to inform boo members
Kallu, there is nothing certain apart from uncertainty. Cheap rets for a reason and no stopping anyone from setting up clothes shop next to Primark. Like you say Amazon could end up taking over thebhih street.
As with sugar you'd expect that to be restricted to avoid global obesity crisis.
With covid not likely to go away anytime soon doubt Primark has done anything that would surprise the market ( things mentioned are historic, in the public domain ).
My bet is Boo will do better leading up to results ( got to play the game/ cycle).
As others have said boo follows a cycle where upward trend occurs a few weeks before results.
With addition of Debenhams market platform I can only see this rising (at least leading up to results) hence the large 10% buy in from ii.
Unlike kallu who is desparate for abf turnaround ( to the extent he tries his cheerleading skills at the local bingo hal) where share price fall every year for the past 5 years (profits is what we're all after)...
"Regarding jeans/wrangler, they and levis seem so overpriced, one could buy an organic cotton jeans from Primark at half the price" kallu- you sound so cheap!
Remind me why you sold PFD at 110, and loaded up on abf, pdf up another 10% and abf now sub 200. You need to work harder promoting ABF on more chat forums!!
Did anyone ask you of your opinion on ABF, no
Meant ride the share price (sp) cycle
No need to debate, happy with what I hold and this is just fun money so no need to get serious, after all "it's all about the money" and just riding the do cycle just like herekittykitty (seems to get the timing right on both Boo and ASOS).
Sun has come out and off for alfresco lunch, enjoy life...
You sold out of pdf and loaded up on ABF, great timing as pdf increased by 10% and abf share price continues to drop.
I do trade Boo and done well over the cycles leading up to results. So yes you are right this is my calculated gamble, fun money. My work pension is in North American equities which has also done me well.
Why you are on here is more questionable. Just trying to convince yourself whether to switch from abf to boo no doubt ( cause no one here takes on board anything you say, we are a bit more sophisticated).
With lead up to September results where I expect Debenhams marketplace will have a positive impact.
Kallu, you ask everyone else why sell at X why not y, and you said you would share reasons why you sold pdf at 110 when you don't look at share price movements. Simple question still no answer. I expect like everyone else you thought time was right to sell, if that is the case then realise this and stop asking others (and preaching when clearly your timing is no better than others).
(Sharecast News) - "Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for "growth companies which have adapted to changing consumer habits".
The bank started Asos, Boohoo, Marks & Spencer and Next with a 'buy' rating and target prices of 5,400p, 400p, 195p and 9,200p, respectively.
DB started H&M and Zara owner Inditex at 'sell', with target prices of SEK150 and €22. Primark owner Associated British Foods was initiated at 'hold' with a 2,200p price target."
DB rates Boo buy and Primark a hold. Online and marketplace for Boo seen as better bet to Primark high st and one brand proposition.
What's your thought kallu.still not shared your thoughts on why you sold PFD at 110, now higher and unfortunately this is lower.
Still not answered why 110 especially as you do not look at share price. Funny you avoid a simple question but continue to ask others why sell at price they have set!?
Barriers to entry online and setting up new high st shop is easy, it's building the brand getting the revenues that is hard and Boo has been rocking it every year pre and post covid, less footfall on high st and yes rent may be cheaper now (for a reason) but not sustainable unfortunately.
"Kallu why sell at 110 why not 150,it was over 1000 back in 2007."
@AATM this is investment, share price is useless to look at as I told"
If share price is useless then how do you know when to sell!? Why sell at 110, or did you not know the share price at the time of hitting sell button!! Very strange., Probably why you're holding ABF and not knowing it's downward trend every year for past 5 years. Looking at share price constantly or over short period might not makes sense but most would review after 5 years....
In trade only 5% of holdings remaining 95% is in company pension (avoids 40%tax as taken from my gross pay), can choose company pension funds and heavily invested in North American equities which has had staggering returns over past 20 years of investing (takes the strain out of large investments).
Yes Boo designer may have set up new website just like new retail shops can set up on the high st, your point is?