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Sunnysideup, I'd tend to take the actual site figures for now and agree we won't be getting the full 0.2%.

However, I'd guess we are generating surplus cash even at these start up figures, hence why the last placing was so relatively small.

It is all very encouraging

So even with the

Guys we all need to remember that revenue is only one half of the equation.

I'd guess the GS20 site probably costs a couple of million dollars a year to run. So altho we are off to cracking start there is a long way to go

Bon Scott

Thanks for your response.

I guess we are coming from a different place, although as you say you invested at 77p, atleast you missed most of the drop and have a good chance of atleast getting your money back in the next twelve months or so imho.

I'm a little surprised by some of your comments tho.

Firstly, Boo made a profit on the 21 and 22 FY's so the brands purchased then did come from operating profits.

Wrt exceptionals, I believe these relate primarily to warehouse costs and automation. Excess capacity was purchased to some degree but I can understand why that was done as it was in a context where a pandemic and European war weren't envisaged. The automation element I believe will pay for itself in short order. So admittedly not the best decision in hindsight but understandable. The US DC I believe will prove to be the right decision, although it remains a risk at the moment.

I can understand you focussing on the increase in debt and liabilities but need to view these in the round.

Boo has greater net assets now than it did prepandemic, so in my view that kind of justifies the investment.

One last point, and that is as investors we don't give Boo any capital, we are simply trading existing equity instruments, so I don't believe the Bod owe us anything apart from honesty and their best work.

Risk and reward to me now seem out of balance here, so good luck for getting your money back next year

By way of illustration, between 14.15 and 14.43, we had net buys c4m and the sp went down.

Somewhat strange

Bon Scott

I'm interested to know what acquisitions and expansion you are referring to. Karen Millen, Debenhams and the Arcadia brands were bought from cash not debt an weren't within the past couple of years. I would agree that the Arcadia purchases were a bad idea, but then again they cost buttons relatively.

Perhaps you are referring to the USDC, but that would appear to be funded largely from operational cashflows?

Would you have preferred BOO to remain the same smaller group of companies, in my mind that would have been a far riskier strategy and i wouldn't have recently invested in that

5% down on 30m shares traded, after a manufactured drop to hit the Hainan price.

What the MMs are doing here is nothing more than theft imho.

Hopefully they try to create a fair and orderly market again at some point

We really don't need another rehash of Lloyds posting history. It's just boring. The present and future are more interesting, can we just stick to that

Not sure why anybody is getting excited about the interims.

The results cover the period to 30th September officially so revenue is likely to be very low.

The potentially interesting thing is how much the Bod choose to share on current performance and full year guidance. I'm hoping they state a big positive but they are not obligated to at the moment as we are early in the revenue growth curve.

What would be wrong at the moment is to build massive expectations so that good results look disappointing

Rorkesdrift, I agree

This is the perfect week. Any later and we would be lost in Christmas slowdowns.

I also think people need to remember that this week will hopefully be about story telling not definitive data, the start of a great next 12 months

Giving notice wasn't for the small PI's. Its to give the big boys notice to sort their diaries and attend.

Wednesday is perfect because it gives time for the story to grow and run into the weekend media, given the story is as good as we expect it to be

I suppose the market makers should be thanked for creating an opportunity by temporarily destroying a market in a share that.should be buoyant.

Nobody seems to be selling now

Personally, after the years of work he has put into this, I can't see Bernard letting go of this until well after production. I also don't see him as a corporate CEO, so 18 months hence it's likely imho

Jeffmills, it's a hybrid. It stocks and distributes some products directly, but is also a market place. Not to mention a franchisor for the Middle East retail shops.

It would appear that Boo group has absolutely creamed the opposition in November. Debenhams up 65%, Karen Millen up more than 30%. Boohoo and Boohooman combined up nearly 10%.

Compare that to Next and ASOS both up 5% and Shein.co.uk down nearly 10%!

It's starting to look a little like Christmas come early

As I posted yesterday, the board is far better with watcher in a green box

And what if they sell the concentrate for £3m?

Reads to me like a sale is lined up to be announced in the next couple of months , although I expect for a fraction of what some had previously hoped

Well this is what the facebook page says. I like the bit about business being done!

Thank you to everyone who made last week's KNAC AGM and Common Law Holders Meeting meetings such a success! 🖤

We had record numbers of attendees and got lots of important business done- including Board elections and key Native Title decisions. The entertainment and the chance to come together for a couple of days was great too!

Big shout out to Red Country Management for creating a top spot for a special few days :)

Stands to reason that if there was an issue with KNAC it would have been reported by now.

So hopefully the licence now follows automatically.

People may be assuming rather than knowing but it's a logical assumption

It would appear to me that the downside is capped, if not by 28p then the net assets. The upside is far above 20% or so.

That is why i bought in anyway.

UK disposable income set to rise next year, interest rates peaked, growth opportunity from US, Debenhams and Karen Millen (all with better margin then BOO UK), seems that the risk/reward is exceptionally favourable here now