Member Info for Bigplonker

The trouble is that the profit margins for the likes of Boo and ASOS are very tight at around 5 to 6 percent.

Probably. Can see them jumping on board and looking to ramp this up to 2000p where it belongs. Any ideas on where sp belongs. 5000p me finks based on where numbers are going. Not wanting to be classified a ramper or anything. What ever happened to old slippery slope he is missing out?

A massive increase. Be interesting to see where this goes in terms of sp from here. Indications all along were that earnings were going to be good.

Looking very good. Will be interesting to see what sp targets come out after this.

Interesting stuff. Most of my big money has been made on US stocks. My first buy was on FB just after it’s IPO back in 2012. It fell from about $36 to $18. I had just started investing and thought well that must be a good buy and did. Never looked back on my US investments. Made a few mistakes on the way mainly with UK stocks. This last year have done well with ASOS when it fell and again thought that must be a bargain which it was. But spend a lot of time in the US and watch old mad Jim Cramer and followed his FANNG stocks. Main thing I have learned from all this is look for quality bargains and then buy.

Oh that is right Top Shop is part of the Arcadia group and in administration. Load of crap and very much in the past. Not worth a candle. They won’t touch that bunch.

Is Top Shop still in business? Gordon Bennett thought they went bust a long time ago. Need to brush up my knowledge on this business.

A lot of Boo shares certainly traded hands today. Still US sold out a lot as well with me Nio, Tesla and Plug all on the downside. As mentioned by one of the guys on here a lot would be sold on this Friday as US holiday on Monday.

Still a little tip of one share that used to be a flyer then crashed but now sorting itself out is CPP. A few might remember its background from the past. Should see it double in value over coming months.

Despite the top line growth upgrade, broker Shore Capital reiterated its ‘sell’ rating on Boohoo. ‘Whilst trading remains robust, aided by lockdown restricts, we highlight the tough comparatives that the business will cycle in full year 2022 and we need tangible evidence of the change programme, beyond intentions and words, together with a road map of how the company will navigate the increased costs of sourcing and exporting to the EU with a warehouse in mainland Europe.’

Plus we are on verge of a double dip recession with not much money out there.

Asos also on the way down even though they had good results as well.

Can see a big drop all round the market not dissimilar to what we had a the beginning of last year.

I am staying out of the market for now until things settle and we see where we are. Might have a nice rise up again once everything has bottomed out.

Agree 100% with you. That is exactly what I do. The US market is much better for investing the long term and where I put my pension monies. I do see that Boo now has a sell rating due to strong headwinds coming as a result of Brexit. Asos also had good results but not done well. Profit margins for asos and Boo are very tight. Can see both on a down turn. I have been putting my money on US Plug Power and will continue to just trade Boo.

Time to start loading up girls. Reached the bottom of this latest move me finks. Plus to get ready for some hopeful good news.

Some more positive news out this week.

Yorkshire Post:

Leeds-based CPP confirms it is to increase its UK workforce by 30 per cent

Insurance and services firm CPP Group is to increase its UK headcount by 30 per cent this year as part of a major recruitment drive. etc.

This and Plug going great guns with constant positive news flow. This along with Plug and others look good long term hold.

This and Plug are my two biggest holdings at the moment. Looks like a big future for both the way things are going.

Looks like 650 might be the bottom for now and might see it bounce from here.

I said 650 which was the barchart signal at the time but now barchart bottom support it is 634. We shall see but no one really knows. One thing is for sure it is on a downward movement.

Can see this slipping to the 650p mark. Once latest numbers are out then should see this make a move back up as Inagree this is a good business with high profit margins. Just have to wait a while me finks.

I keep thinking about that and tend to always follow the Rothschild method to protect my investments. I would not start to put money in to Tesla now but happy to hold what I have until it shows signs of falling.

Monday lately has always been on the downside for a lot of stocks usually after the weekend bad news on most fronts. Tuesdays a good day to start topping up on the dips. All very busy in my house with the kids logging on to school life .

Agree this week looks to be on the downside this week. Think I will follow Billionaire investor Chamath Palihapitiya who says Tesla's stock could triple from current levels, making Elon Musk the first trillionaire. So will hold my Tesla stock even though I thought it was time to sell.