Member Info for bon_scott

Nope. I firmly believe that it could have adopted a far more responsible financial stance over the past two years, instead of continuing to lavish money and take on debt for acquisitions and expansion, all while its core profitability was eroding from beneath. I believe the market would have taken an entirely different view and the share price would have fared better.

Baffling. If you truly believe that I'm a duplicate/reincarnated account of peoplepower1, then you need to report it. It is easy enough for the mods to confirm/refute via a number of means. Go ahead and be my guest. Let's see what they say.

Anyway, I'm sure that in the absence of actual profits, the company will reassure the market through a world-beating collaboration with the ghost of Vidal Sassoon.

Steady on Buffalobill, you'll give yourself a coronary. As a sharedholder, I'll be (stuck) here until this absolute dog hits BE @ 77p, so don't cast aspersions on my motivation for being here. Until then, I'll voice my opinion, which I'm just as entitled to as you.

Forecaster, you made me smile too... at how easily you retreat into the "agenda" nonsense. Can't help yourself, can you?

Knowbodyyouknow, absolutely no idea what you're trying to convey there. Just plain odd.

Such a lazy cop-out, to claim that "trolls" are to blame for all the world's ills. The company has caused this situation all by itself.

Well I never... Soutcoastbather trying to stir up trouble. His overlord was banned quite some time ago, so he's a little bit nipper than in the past. Seems to me that he tries way too hard, like he's attempting to compensate for some massive hidden doubt.

I'm guessing that its because he's sitting on such a humongous unrealised loss, and it scares the bejesus out of him that he might lose most of it in the event of a low-ball takeover attempt. It certainly looks like it could be on the cards.

Southcoastbather, the share price has skulked around the 20s and 30s for what seems like forever. The company doesn't make a profit, never paid a dividend, doesn't communicate at all well, and can't steer clear of scandal.

Your pie in the sky rampy claims look border on the delusional when set against that backdrop.

Not sure what your point is, southcoast bather. Trying to stir up trouble as usual, over nothing at all.

I heard that BOO just announced a huge new mash-up with Richard and Judy. Your other idol, Umar, got wind of this and tried to buy the entire company on the spot. The price immediately shot up to 650p, and that's why trading was halted.

Just to add to that: this is a message from my broker.

I'm being told that market data for BOO has been halted. Anyone else seeing the same?

What this company needs is a high-end collab with Charlotte Church to propel it into the 600s.

"they offer nothing about the business or macro"

Oh how I laughed, Jeremy4Good!

Warms my little heart, watching southcoastbather being absolutely schooled.

Let's not forget that during Trading4good's pomp, southcoastbather was always there, to back up his idol, no matter how outlandish the claim or how twisted the interpretation. Touching, it really was. Now the board bully is gone, he's badly exposed.

650p imminent.

What we need is another exclusive collaboration with another has-been. That'll get things motoring. Rick Astley or similar.

"Stock prices in retail + others will have a tough year ahead in the UK I think."

Remember rampers, always cover yourselves by slipping in excuses deep within all the waffle.

Phew... glad I wasn't out of this over the weekend. Those shorts have been utterly cremated.

ASOS closing the warehouse they opened not so long ago:

https://www.telegraph.co.uk/business/2023/11/01/asos-close-warehouse-lichfield-sales-plunge-cut-costs/

For me, indicative of a seriously distressed company. Excessive inventory, sales decline, loading up on debt.

As for Boohoo, is this an opportunity to muscle in on market territory vacated? Or is this a harbinger for a similarly positioned business? The share price does seem to bounce back quite well to its 30-31p base which gives me some solace, but is still a whopping 0.07 bagger versus a few years ago, so let's not get carried away.

PDS2023, it took a while but I tracked down the current rate. It is 2.3%, whereas for the longest time it was 0.11%. Bear in mind that the rate stated is not necessarily proportionaly to what one receives in actual cash.

The broker clarifies this beautifully with the cloudy statement, "stock yield enhancement participants are paid a percentage of a market-based rate". Translated, it means they reserve the right to fiddle the rate in a way that best compensates them. My suspicions are that us mugs are only receiving the leftovers of what the broker has creamed off for lending out punters' shares to shorters.

Nevertheless, it does appear that shorters are now paying substantially more to borrow stock. Read into that what you will.

This month, the returns (at least from my share broker) from loaning out stock to shorters have gone up by ten times. Previously, it was dirt cheap and I earned a pittance from it. Perhaps the available shares are about the same and shorts are more prevalent and determined than ever. Or perhaps available shares are drying up while the shorters remain about the same, making the loan rates more expensive. Maybe a combination?

Https://www.lse.co.uk/news/london-market-midday-ftse-100-falls-after-stubborn-uk-inflation-data-m0gfffwc44vhn7g.html

Inflation continuing to weigh on the economy, possibly extending the period for which interest rates must remain elevated. Ergo, dampened discretionary spending. If people are counting on a mega Christmas bonanza, then I wouldn't be all that sure. Longer term, fingers crossed that this is merely a plauteau before the inflation fall resumes.