Member Info for Bfdinvestor

Hexam you already know my view on not releasing a trading statement so I won't go there again!

However, the move to online is key to the success of the Boo group going forward as Boo does largely follow the overall trend line.

As a simple comparison, lets assume Boo revenue this year lands at c£1.55bn. That is about a 25% rise on precovid revenue, which equates broadly to the overall increase in online share per the ONS stats.

Boo' revenue went up (and actually over performed) against the COVID bubble, so it natural that it has fallen back, in my mind atleast.

My overall take is that over the past three years Boo revenue has grown to where it would naturally now be if COVID hadn't happened, we haven't spectacularly outperformed, not have we disastrously underperformed.

I think they have got the short term pricing strategy a little wrong, it remains to be seen how that plays out in the next couple of years.

But I can't understand how anybody can't see that the trend to online isn't important to Boo. Even an average performer will benefit from it and I don't believe Boo will be average in the medium term

Voltaire, pls see my previous post, if shorts are reading online charts they should soon be packing up and running for the hills

Has anybody on here actually bothered to read the ONS pack.

If you took the time to do so, you would see that our specific sector had a sales increase of 9% yoy and a monthly fall of just over 1%.

But let's all just look at the headlines or squabble.

With the overall trend to online that has clearly been re-established, things should start to look better here, although probably only once the SP stops being controlled for Frasers

A fantastic scientist, a name in the industry and a Great communicator. She obviously sees the future or she wouldn't have joined.

I have to admit, my heart dropped when I saw the Friday RNS, but this is the exception to the rule!

A fantastic scientist, a name in the industry and a Great communicator. She obviously sees the future or she wouldn't have joined.

I have to admit, my heart dropped when I saw the Friday RNS, but this is the exception to the rule!

Knowbodyyouknow, I think you are referring to BRC figures. BRC is bricks and mortar predominantly and it's already been widely reported that they had a poor December. Next growth, for example all came from online if I remember correctly.

That's not to say we won't get hit today, just that it doesn't provide a guide to Boo December performance.

In cash terms BRC reported figures were up and Boo is forecasting a double digit fall per guidance

I'd guess they have increased because no trading update gives them a clear month or two potentially.

My assumption is they have mainly bought back already and are margin trading

Yeah it may well be that my choice of words was wrong, but the concept I think is possible

If I remember correctly France Telecom and Deutsche Telecom merged Orange and TMobile to form EE.

So it might be complex but not impossible, although like you I'm not an expert

Hexam it's definitely possible as far as I'm aware. Fraser's have experience of doing it when they sold Dunlop a few years ago

Bishop people who live in glass houses n all.

Whatever happened to the bloodbath you promised.

Sinter, you are most certainly correct, the mining licence isn't priced in here yet., which is part of the opportunity.

We know there are no objections, we have precedent from the miscellaneous licence, so the chance of it being declined must be fractional

Hexam, maybe the wording is not fully correct, however I believe Debenhams and the old Arcadia brands are still held as LTd companies under the Boohoo groups with Boo as the sole shareholder.

So my thought process is you split out these businesses, together with TopShop potentially and offer a minority stake to the market, with Boo, ASOS and Fraser's taking a stake. Fraser's role would be to build a bricks and mortar presence.

I believe Debenhams could potentially float with a valuation in Excess of £200m which would shine a light on how undervalued Boo and Debenhams are, this benefitting Boo, ASOS and Fraser's.

Just my musings, but it makes more sense to me than a full blown merger

Oke I think there is a strategy

However I don't think it is anything to do with PLT however

If there is anything on the cards I think it is an IPO of Debenhams with the Arcadia brands.

Pipedreamer I enjoy reading your posts but rarely comment on them for the simple reason I have nothing to add on charting as I have never studied it.

All I would say is pls keep posting as I find your stuff interesting and we really need some stuff on here that is beyond the playground

That's right Jeremy, he would have to show any shares lent out and his TR1 shows he has direct control over his entire holding

There is no doubt the sp is walked down to scrape shares to fulfill his buy price. Look at the totally unsubstantiated drop on the second January. It's absolutely shocking.

Imagine what the response would be if he had stayed openly on the 2nd January he wanted to buy 4% of the entire share capital.

It wouldn't have been a 20% fall!

Whilst the dividend is nice and should underpin a higher sp, I'm far happier that they have increased salaries and the humanitarian fund.

Life is so much more important than just money

Well there is a surprise says nobody at all!

I'm conflicted.

I don't know whether to be happy that Ashley is buying or disgusted that an SP can be deliberately walked down to accommodate him.

At the moment disgust is winning but hopefully caffeine will change that!

Bishop, but you can make up a blood bath which never happened and a mythical seller

Those two things are ok to do?

I wasn't aware we had disagreed!

You are correct Blackfox

They would have to come up with some form of story around c0.5-1bn in cost savings, which should inflate the sp.

Given the investment Boo has made in automation, this wouldn't actually be that hard to do. We have the capacity to do twice the volume of current sales and one warehouse in the US would suffice for both businesses.

So superficially it could be made to look attractive but I don't believe it should or will happen.

I'd far rather see an IPO of Debenhams and Arcadia brands, with Boo maintaining a controlling stake and with Ashley potentially franchising stores