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Must be such a disappointment for the not so fab four today.
Maybe give yourselves a couple of hours off and enjoy the sunshine.
Can you see it from under your rocks?
Funniest thing I've seen in ages, daytrade trying to cast doubt on another posters buy and having to eat humble pie.
Nine and a half hours of constant posting daytrade, this board really is your entire life isn't it
Doesn't get much sadder than that
Based on what superzero.
Sector is actually heading back to where it was during COVID. Boo may well do the same, especially with the Debenhams brand
Why not post something you can actually back up for once
We should be grateful that, possibly for the first time ever, daytrade has read an RNS.
Sadly, as per usual, he is wrong.
16m active customers are by far the most valuable.
But a qualified universe of recently dormant and qualified leads also has a significant value
Algos massively back on it now, let's see what happens
And none of them of any value or interest
Glad you brought that up superzero
Increased website visits and out performing the competition is one reason to think the strategy may be working
But some green shoots springing up
Well there was one surprise that I wasn't expecting in the results and that was the size of the exceptional items! That and a £20m increase in deprecation led to a massive loss number
Revenue was impacted by Debenhams as I said it would be. It's not just the commission cost, it's the opportunity foregone for the other brands where marketing spend drives a far higher £ return. The reduction in revenue on labels seems to have hit a maximum reduction and now and core brands seem to be gaining momentum. There is a caution however, in that the reduction from 9% to 4% may be a mix of slightly softer comparators and improving momentum. I've not had time to look closely enough yet.
It's great to see GMV being quoted and it helps to show the massive growth curve Debenhams is going through. I still hope to see a partial spin off in the next couple of years.
The business seems to be operating far more efficiently now and still further cost savings to be made. I'm a little concerned that margin is down in half two but that is likely due to the US DC.
Liquidity I don't think is a concern at the moment but it could become so. £230m remains of the RCF, reducing to £165m at some point next summer. It is quite possible there will be another cash outflow this year, although I hope not, by about £30-40m.
EBITDA has remained broadly flat and at an operating level the business is just about washing its face.
I hope all of the restructuring costs have now been accounted for, other than the USDC and it seems likely to me.
It seems that the UK market is gaining confidence, the focus on the core brands seems to be the right strategy, especially Debenhams. But it is still highly competitive out there.
It seems to me that the bottom may well be in but Q1 results are now very important
I've posted a few times that this is the last set of results that COVID can be used as an explanation.
It's still all to play for and you either believe in the strategy or not. If you do, the potential upside is hundreds of percent, if you don't sell up
Imho, dyor
It's too early to judge performance of the US
Other than that,
Hexam wrong again, the comment was about how much of the RCF hadn't been used . Not how much had been drawn down.
Hence when I asked superzero if he still thought £290m had been used, he replied "nope". Not "I never said that".
Do you not realise how silly you make yourself look defending them?
Hexam, a weasly apology couched in another attack is worse than no apology at all.
I don't jump on anybody, other than complete rubbish posted by the usual suspects.
If southcoast or I had posted £350m EBITDA incoming, I'm sure you would have jumped all over it, yet you are unable ever to comment on the troll nonsense as you showed again yesterday.
Boo had used up £290m of the RCF indeed! I've never claimed to be an expert on the financials, I just read the RNS, but any actual investor should be prepared to call out such abject rubbish
Hexam why do you bother defending these idiots and making yourself look stupid.
It was daytrade who couldn't spell faux pas, maybe check his posts. Hence my use of the phrase "remind me", it's really not that difficult. I think he was trying to prove how clever he was and failed miserably as usual
What it must be to be so "troll blind"
More stupidity daytrade, you have already stated you aren't bothered about losing money,because it still makes you a winner lol.
Occam's razor daytrade, most likely you are just thick
Posting gibberish, I think you have that one cornered daytrade. Remind me, what is a faux pax, why can't you spell "desperate" when that is how you appear every day and you have forgotten the apostrophe in "you're".
You really are the gift that keeps on giving daytrade
Oh dear daytrade showing his true colours again.
Such an angry little man
Still with the foetid imagination and emotional maturity of a seven year old.
Strange none of the three not so wise monkeys can actually express what is wrong with Scb's post.
Just the usual idiocy to try to stop any actual positive discussion.
Let's recap Boo brands storming it in website views, far better performance than ASOS or Shein.
What will Debenhams be worth in a couple of years on current trajectory?
Oh dear the poster who makes jokes about a 64 year being attacked by a shark, refers to another poster as "Dung" and continually goads is trying to play the victim again.
I lost both my parents to cancer daytrade, i'm happy for anybody who survives, and I see absolutely nothing wrong with what southcoast posted. Perhaps you or one of the other not so fun boy three could explain why you are pretending to be upset.
Perhaps to try to distract from the rather good similarweb data?
But back on topic, ASOS was up by c2.5% and Shein.co.uk was down by more than 5%, so it does look like a trend of Boo improvement is being established
What is disgusting about it Spideystreet
From recollection they don't understand it and one of them made a prime fool of himself when I posted March data
It would seem your ignorance knows no bounds
It's only depressing for the trolls.
I see Boo has had a massive increase in visits from the US, maybe that is due to it going live in the US DC.
As I've posted a couple of times now we need to watch out for the revenue impact of Debenhams, its not far from catching up with Boohoo.com now