RE: no talk?22 Nov 2021 10:19
@Shareshunting: "Not looking good...will be an uphill struggle to get back to £2 and above IMO.... good luck all who own boohoo shares."
You might be right, but I disagree. Furthermore, 24 brokers disagree with you, because the average target price is still 359.55p, which is 90% above the current price. There's going to be a huge surge from all the new brands they've added, then there's Debenhams beauty, which is going to bring in the premium brands.
I'm looking to double or even triple my holding, then just sit back and wait for the nice return. The company itself is rock-solid and I don't care if it pulls back a bit in the short-term as it will increase my profits even further.