Member Info for Ammu123

Boohoo ebitda is 10% of revenue approx. Based on yesterday rns. Revenue for 10mth were 1,470m approx so let’s take £1,760m estimated for the year times 10% = estimated annual ebitda of £176m.
Market cap of Boohoo is £4,400m so 4%.
Nbrown market cap is £341m so ebitda of £84m equal almost 25%.
If we were on the same scale of Boohoo ie ebitda/market cap of 4%. Nbrown market cap should be more around £2,100m and therefore share price should be 6 times higher (trading at 450 instead of 75) !

Boohoo ebitda is 10% of revenue approx. Based on yesterday rns. Revenue for 10mth were 1,470m approx so let’s take £1,760m estimated for the year times 10% = estimated annual ebitda of £176m.
Market cap of Boohoo is £4,400m so 4%.
Nbrown market cap is £341m so ebitda of £84m equal almost 25%.
If we were on the same scale of Boohoo ie ebitda/market cap of 4%. Nbrown market cap should be more around £2,100m and therefore share price should be 6 times higher (trading at 450 instead of 75) !

Home & Gift sales now comprise 42% of product revenueToday 07:39
We are now starting to see the astute decision by BWNG to diversify. "Home & Gift customer demand enabled by agility of business model" i.e. 42% of product revenue, compared to 32% in the same period last year.
Particularly strong demand for computing (+115%)
gaming (+50%) and white goods (+48%),
Strong growth in leisurewear and nightwear (i.e. lockdown clothing).
The Group currently expects to deliver FY'21 adjusted EBITDA of between £84m to £86m
It's good to see the move to offer a broader product portfolio is rapidly paying off and with Online the main way to shop for many these days this can only be good news for BWNG - as the Home & Gift sales numbers demonstrate. Exciting times for BWNG. Next stop 100p+.
Good luck, Brighty

EBITDA FY c 85m

Likely Profit ~ 50m

P/E ~ 7

Customer trends in the Q3 period continued to reflect the Covid-19 environment. We experienced particularly strong demand for computing (+115%), gaming (+50%) and white goods (+48%), and Home & Gift sales now comprise 42% of product revenue, compared to 32% in the same period last year.

Hoping the trading won’t be good and sp would drop.
What if it’s a decent trading update ?

Trading update tomorrow!!

Another undervalued online company...

Close above 76 will be very bullish with the next target of 85!!
Decent update and 100p++

Tomorrow last day before the update.
Half decent update and we should get into 90’s.

All
Imo

Explain the sell off

ASOS today announces trading for the four months to 31(st) December 2020 ("P1"). Revenue growth in the period surpassed our expectations, driven by investment in product, pricing and marketing and stronger than anticipated consumer demand for our products. Our multi-brand model and strong execution enabled us to capture available demand as consumers increasingly shopped online.

ASOS today announces trading for the four months to 31(st) December 2020 ("P1"). Revenue growth in the period surpassed our expectations, driven by investment in product, pricing and marketing and stronger than anticipated consumer demand for our products. Our multi-brand model and strong execution enabled us to capture available demand as consumers increasingly shopped online.

The trading update confirming JD Sports' consumers readily switching from physical to digital channels is another positive message demonstrating that people are easily transitioning from traditional shops to online shops on a seismic scale. See Next results last week on this topic ("the sales gained in our Online business compensated for almost all those lost in Retail stores"). I'm hoping to see 75p to 80p pre our January update on Friday, although this could be breached today. This would then give BWNG a superb launch pad to exceed 100p soon after before we head back up to 150p. I see this trading at between 200p and 300p per share with a dividend. Good luck, Brighty

So the theory of AB can’t buy because of some deal in the background is not true then ?

The trading update confirming JD Sports' consumers readily switching from physical to digital channels is another positive message demonstrating that people are easily transitioning from traditional shops to online shops on a seismic scale. See Next results last week on this topic ("the sales gained in our Online business compensated for almost all those lost in Retail stores"). I'm hoping to see 75p to 80p pre our January update on Friday, although this could be breached today. This would then give BWNG a superb launch pad to exceed 100p soon after before we head back up to 150p. I see this trading at between 200p and 300p per share with a dividend. Good luck, Brighty

Looks like money moving into bwng....

The market doesn’t agree with you.
100p ++ on results. Won’t be sub 80p for long....

Hi MrC,
Not yet. Just waiting and watching for now....
Don’t worry I’ll be back in soon and will start again. Just don’t trust the Dow Jones tbh. Ftse will react to Dow Jones even though we all know it is undervalued....