Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Actually, Daytradenovice, this has been on the slide since mid-2021, so even longer. Coasty and tradey have been locked for certainly three years, as we proceed into their fourth. You're absolutely right about the carrot always being moved further away. You just have to look at Level5, who with ever-diminishing confidence, estimates recovery to be as far away as 2026.
I'm sure the company will have great plans to turn the ship around. Announce a high-end collaboration with Les Dennis. Maybe open another high-profile DC/warehouse illogically close to the existing set. I'm betting somewhere just off the M1. Blast £20M-£30M on it, only to close it 18 months later and triumphantly claim improved "efficiency". The board will definitely have earned their bonuses then.
"just look at the sp movement patterns every time he buys, it is exactly the same"
Quite the claim, tradey, your theory about the SP being walked down. Wouldn't that be clear market manipulation and therefore criminal activity? What do the FCA say? Did you ever write in?
For all you know, Frasers are simply acting on the opportunity, when the SP falls within their target range. And it has every reason to fall so low. The company's performance and management is absolutely gash.
Pipedreamer, you should know that factual accuracy is completely irrelevant with coasty. He's a Walter Mitty-type character, who never lets the truth get in the way of some misguided sniping. Feel free to filter him. I don't, because I do so enjoy a good giggle when he's so often left with egg on his face.
"Bon... The new day (t)oilet (r o l l) sad 4am posting id... So pathetic and obvious. Absolute no life.....
Fixated on Umar.......
Poor old mrs on her way to work a job she hates 12 hours a day while you live multiple lives owning 6 cough cough houses..... Cough properties..... While reading smart meters pretending you're retired...
Then when the turn around happens you will dissappear.... Dont worry though we all have your email address to stay in contact... "
Whoa there... getting all flustered. Is that because deep down you don't believe your own twaddle? With each passing day, the wipeout gets closer.
No, I certainly am not Daytradenovice. Yet you keep claiming that I am. Truly bizzarre.
"Kamani’s pay was £1.03m, up from £525,000 a year before, while Kane earned £987,000, up from £496,000. John Lyttle, the chief executive of Boohoo, meanwhile earned £1.35m, a slight fall from the £1.38m a year before, as he was also awarded an annual bonus equal to his annual salary of £851,000." - The Guardian, May 2023
Who needs profits or SP performance when this is the reward for failure?
"Maybe lse should put a posting limit per day on users for their own sanity. "
Fully agreed. You're easily the most prolific (and toxic) poster on this board. Absolutely desperate.
No, let's not get distracted, coasty. Pay attention, dear.
You're deflecting with some drivel about the charge for returns (which barely recoups the shipping cost, both ways). You said the returns themselves generate revenue. The goods. Which they don't.
I'm sorry that you aren't able to articulate yourself properly. Should have stuck in at school.
Ummmmm... sneaky how you're pivoting to the returns charge. Goalpost shifting yet again. You clearly stated that the returns themselves generate revenue.
Here it is, for all to see:
"figures generated by returns."
"Spidy remind us how much revenue the returns generate now?"
Boohoo has provisioned a substantial amount (i.e. prepared itself to take a financial hit/loss) for returns, to be charged to the income statement.
Good find, mystic1076, thank-you for sharing.
Having read the article, it is clear that the individual brands are all working hard to trim their operations and many are making headway in arresting losses. It at least gives me some sense that there could be a meaningful turnaround before it is too late. In all, I take the article as being positive.
What baffles me though, is why the group management can't manage to report on time, and why they aren't moving heaven and earth to emphasise the positives, such as the profitable brands, those with increasing revenue, and those with decreasing losses. You know... the kind of good press which inspires confidence in business prospects.