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Amazing that this is still at the placing price despite all the progress made

Still digging....

Analyst all the research says delivery time is of massive importance. The Shein spokes person in the article states that there are no immediate plans to open a DC, so it may be a mitigation strategy against import tax changes. In any event it's hardly a massive DC they are planning. The article states 300000-400000 square feet. In contrast Boo US warehouse is 1.1m square feet.

One of the reasons Shein are looking to IPO is that some of their existing investors want out and are willing to take a 30% haircut.

I've maintained all the way through that Shein IPO won't happen, but I hope it does, so that all their dirty laundry come out

I'm confused Spidey, if you had wanted to talk about Shein returns, why not copy Shein's own return page rather than a link to Inpost?

Keep digging tho, it's funny Spidey

Oh, and I see you have no back up at all for your view on Shein performance.

Sun a bit too much for you lol

Boo I expect to go mich lower as Shein are imv battering market share

Any back up Spidey or just the usual fud?

Similarweb would suggest otherwise

This is what you posted Spidey. Yes Boo can't compete with the process they and 200 other brands use!

Comical

Spideystreet

Posted in: BOO

Posts: 922

Price: 27.92

No Opinion

InPost9 Aug 2024 00:19

InPost | Return your Shein order | Shein returns

https://inpost.co.uk/returns/shein-returns

Boo just can't compete can they ?

No wonder Shein are smashing it and "free" returns to boot , unless I've read it wrong.

Keep digging Spidey, it's sooo funny

Spidey this must be your worst piece of spamming fud ever. Boohoo also use In post for returns, along with about 200 other brands!

https://inpost.co.uk/retailers

Absolutely pmsl

And it does appear to be gaining some traction

First signs of US DC delivering potentially?

https://www.similarweb.com/website/prettylittlething.us/#traffic

Level5, PLT is already the best known brand in the US

Yes I read that Voltaire.

Also, to put it in context, the article mentions Shein looking for a warehouse 300000-400000 square feet, Boo's Sheffield warehouse is 600000 square feet and the Burnley campus is 3000000.

So it's hardly a scary concept.

Strange these articles always appear when shorts are active

Simon I'd like to say that you made a simple mistake about the shorts but I doubt you did.

Likewise you are misrepresenting the position with the RCF. The vast majority of the lending syndicate agreed to roll over the vast majority of the RCF to 2026. Only one Italian bank didn't agree and this is the amount that is due to be repaid in 2025. This refusal could have been for a whole number of reasons, such as an overall reduction in exposure to the UK. Boo has more than enough cash to pay off the £75m. There is no certainty that the remainder will need to be paid back in 2026, it may simply be rolled over again. There has been no confirmation from either side that discussions are even happening.

With regard to the sale and lease back, it is something that has been evaluated for over a year, once again price points are unsubstantiated, it may or may not happen but it certainly won't be a distressed sale, because Boo currently has more than enough cash for now.

You refer to Kamani as weak, I think that is far from the case. They have made plenty of mistakes over the past couple of years but, to me at least, seem to be on the way to putting most of them right. That isn't a sign of weakness.

Is this your world Spidey?

It would certainly seem so

Despite having no investment

How strange

Amazing how you trolls like to accuse other posters of being overly emotional Spidey, when in reality they are just posting logically and politely.

The person who has actually posted the longest and probably least accurately is Simon

However, given like you he has no investment and posts exclusively negatively, you will ignore that.

Simon I don't think you are sorry at all, you seem to actively enjoy spreading negative nonsense

Let's look at some of the things you claim to be valid.

You claim shorts increased by 2.5% of the value of the company last week. They didn't. They increased by c0.25%. I'm sure you will claim this is just a typo but I, for one, won't believe you.

You seem to portray Shein rise as inevitable. It is far from that. You forget that the two largest trading blocks in the western world have Shein front and centre in their sights.

With regards to the RCF. You seem to forget that we are now in a declining interest rate environment which we weren't when the last RCF was agreed. With the cost savings achieved and a clear strategy in place, Boo is no more of a risky investment than it was a year ago. It also maintains a far healthier balance sheet than most businesses and is in nowhere near the state that ASOS was in when it agreed it's finance package. In my opinion analyst London is far closer to the truth than you are.

With regard to selling the London HO, perhaps you could get explain why the market would see it as a distressed sell. There is no short term need for liquidity, only unnamed sources have stated offers for c£60m were sought last year and as far as we know selling now is only an option not a necessity. It is a long way from a distressed sale.

About 50% of your original post references Kamani not 25%. And what you post is just gossip column drivel. I haven't seen one negative reference to Umar's wedding, so it isn't a bad look at all.

I could go on, but really can't be bothered as the above highlights the inaccuracy in what you post.

Thanks for your reply metal detector and your honesty.

I don't think anything in the email isn't already covered by the RNS's we have received. We have moved from multiple parties in June to discussions with one potential JV partner , where the directors are pleased with discussions and mention the need for shareholder approval.

Now that tells me that we are at the detailed legal stage. So the email, to me, is just confirming what we already know.

Assuming it is true ofcourse.

Assuming it is, then to meet the suggested timescales formal confirmation of an EGM will have to be forthcoming in the not too distant future, days not weeks in all likelihood.

That to me is more likely to happen than the one on one confirmation you guys are seeking

Why would I be defensive Wents.

As I just posted we already knew it was multiple interested parties. The knowledge that it may now be three doesn't change anything or add anything to what was communicated in the RNS.

What you and metal detector are doing is making Alien less likely to communicate in future. That is a simple point of view, how is it defensive?

Metal detector you prove my point exactly. And actually you are questioning other posters integrity.

We already knew multiple parties were in discussion, the exact number is potentially three-so what it isn't material new information.

You are also subtly altering what Tangodog has posted by stating "over the line by the end of the month"

The actual wording is "expects subject to shareholder approval". So there is nothing definitive.

I guess the acid test is this. If there is to be some form of EGM, then communication will have to be in the next week or so. That's what I'll be looking out for, not somebody confirming what somebody posted on a chat board. That really is a waste of time

Guy hasn't said anything that isn't in an Rns. They have revealed multiple parties are interested. Everybody on this board complains about lack of responsiveness, then doubts if a reply is genuine. Personally, as a former company director, if someone approached me in the way that Wents has, then i would ignore them and it would make me less inclined to respond in the future.

fwiw the syntax of the email address is correct as i have previously had responses from exec@alienmetals.uk

Steveiom a lot of the placing shares will have been forward sold. So the additional little bit of profit now is just icing on the cake.

It's a simple model. Sell at say .13. knowing you are going to buy at .11. Then sell again at .115. it's not a bad few days work. Works perfectly if my belief that slimy Rich is the only person involved in the placing is true!