Ha ha let’s not start suggesting any of us know more about the fashion industry than the Boohoo board hey! If it’s of a benefit to the business, they will buy more brands, if it isn’t, they won’t....simple as that.
They won’t buy Arcadia, what they will do potentially is buy the top man and top shop brands. The brand name alone is valued at circa £300m supposedly and would attract a target market they they perhaps miss at the moment.
There will be competition for these brands though as they still hold credibility. And administrator would maybe also favour a bidder that was willing to take on stores etc.
You’re playing with money that you really can’t afford to lose. Which is the probably no 1 on the list of things never to do!
Do I think it’s a decent investment? Yes
Do I think there is a downside risk? Yes, of course there is as the company is under a cloud right now.
When it comes to people’s back pocket, I don’t believe they think much at all, people love a bargain. They may preach morals, but not so sure many actually practice them.
These stupid offers at 99% off are loss leaders. We live in the Information Age and to swallow a £5 loss in order to gain a new customers information that you can mail shot etc across your multiple
Brand is good business.
Ha ha ha perhaps you have the wrong username lucky guy.
G money, the majority of the market was down today. We’ve seen massive rises in the last few weeks so there was bound to be some pull back as the heat comes out the market and people take profits.
CARD has done pretty well under the circumstances and barely lost any of its gains from this month. That says a lot in my opinion. But I’m not expecting and substantial rise now until the next set of results.
Agreed Mike, I just don’t see anything that could really drag this back below high 20’s. Other than perhaps a no deal Brexit or a poor trading statement. We know a poor trading statement is unlikely, but Brexit.....who knows!
The pure right about the acquisitions, they may only be small, but not something a company would be doing that was on its knees! This share is either being overlooked, or manipulated in my opinion. Jan results should break the shackles off.
Well, as much as this share is frustrating me, I’m topping up on this dip. I really can’t see any reason for this SP to be back in the 20’s.
The current market cap is ludicrous given their financial position, their sector and not to mention the transportation project. So I see a lot of
Upside and very little downside, it’s just really a matter of patience.
This share is frustrating the he’ll out of me. I’ve been in since June. I bought at 39p! (Who says you can’t time the top of the market perfectly! Ha ha). Now averaged at 31p.
The brakes are continually slammed on here, but I am utterly convinced that the price is being manipulated and can only last so long and we’re due a massive re-rate here towards 60p.
Snippets like the above articles show that business is good. My next door neighbour is a former regional for SIG and now with a competitor, and he said the industry is flat out.
No crystal ball sadly. If they say the right things regarding future trade and reaffirm that cash flow is under control, we should expect a rise. But, as always, if the update doesn’t meet market expectations, we could also see a drop back.
If you’re in a SIPP, then time is on your side. So if you leave these shares in for 12 months, I think it’s pretty safe money that should offer a very good return.
Hi Razor, good to see you over here. Did you stick with Superdry?
Frustratingly my patience got the better of me and I sold at 180p from an average of 135p. Wish I’d stuck around, but hey ho.
Yeah that’s prerty much it I think. They have to cover there arse with leveraged holdings. If that share tanks and they can’t close your position quick enough, they’re the ones liable. So you have to see it from their point of view, they’re effectively underwriting you!
It appears we all agree that the RNS is great news. I would have expected a bigger move in the SP off the back of it. But i’d imagine the fact that it’s thanksgiving in America today will mean that volume is well below par.