Member Info for charlie229

@MattyBoy agreed - time will tell but doesn’t stop people having a read and making up their mind

As mentioned, it’s similar to boohoo and new to the LSE thought people might appreciate visibility on a relatively new stock. What they do after that is up to them

@Mattyboy I imagine you’re fun at parties

Boards like this absolutely about sharing ideas and helping others discover new stocks, ideas on trading etc

Can take a horse (or MattyBoy) to water....

I mentioned on here a little while back that THG (The Hut Group) is a great stock to add if you like boohoo (young ecom led brand) but has the capacity for Ocado level growth as they own the likes of Lookfantastic, MyProtein as well as making and selling their own platform in house. It’s shot up today on news of an acquisition but I would still look to buy, THG will be a major aggregator of Ecom brands and retailers in years to come with acquisitions happening pretty regularly
(Needless to say when I mentioned THG at £6.18 I was told “not to go near it with a barge poll”, which I thankfully didn’t listen to, and it’s now £7.38. Most of the short term growth will come from their earnings call next year)

@Chaiselongue Unfortunately (or fortunately!) we aren't public!
But yes, think they are out of it - essentially it went down to a point but a certain % of shareholders held and now it's a more "acceptable" stock to buy again. I think they will do all that's needed to get back and their shareprice this time next year (or even next results) will absolute fly. The ecom transactions right not are completely unprecedented

I must say, the people putting a downer on this stock are the same that dislike boohoo - these new age IPO ecom companies don't act like others on the LSE, and neither should they - but people don't like it when MM or boohoo bosses reward themselves. What these companies know is how to make profit, and lots of it

On a side note, as a board member of another online retailer (albeit smaller than Boohoo!), I can safely say this is the biggest Black Friday ever - we are 2x last years and half way through the day, boohoo is going to post incredible results for this quarter - they are much better equipped to make the most of online traffic and buying intent

As a board member of another online retailer (albeit smaller than Boohoo!), I can safely say this is the biggest Black Friday ever - we are 2x last years and half way through the day, boohoo is going to post incredible results for this quarter - they are much better equipped to make the most of online traffic and buying intent

@Famou5 - thats a decent write up - although I'd argue using the Monte Carlo Method on a stock that IPO'd 2/3 months ago is probably going to give misleading results as it's based on uncertainty. Which, for a newly IPO'd company there is, theoretically a lot of.

My average is now 612p but I'm a big believer in this share and think it could go much higher in the next year - their acquisition power of ecom brands, and ability to grow them, is pretty hard to match in the UK space

@Gman753 - my best guess is that as it's a new listing they haven't formerly submitted results yet so people are waiting. I've worked closely with those in selling to Look Fantastic and word from the inside is LF is up massively YoY, near 20-30% - of course, this could just be posturing from the buyers there!

I think once they submit results, the larger investors will see them for the beast they are. I don't think theres any UK retail company with the growth they have and has a fairly decent P/E ratio. This is the best year for ecom ever, and more profitable too - less out door advertising, more organic traffic on the web... I think their results will fly past expectation

I realise very few read this board but wanted to put a marker here saying a 618p a share, this has amazing potential.

As someone heavily in ecom, their two main brands, LookFantastic and MyProtein are not only industry leaders but have a growing presence in China. THG know ecom better than the likes of ASOS and their Ingenuity platform is being taken up by huge accounts. What they are building is an end to end incubator for the formation and acquisition of brands pre-scale - brands that are profitable, and then fitting them into their marketing functions including PR, Affiliates and Influencers. These guys have the potential to start and launch the next big brands in the beauty and wellness space.

No offence @Biddwolf, but that's fairly lazy research - i really don't mean offence by that. The Hut Group as a name doesn't sell to consumers so why does it have a trustpilot? I'll tell you - trustpilot allows anyone to set up an account for a company as long as it hasn't been claimed. So why would someone go out of their way to give a good review to the parent company of a company they bought from? It only attracts complaints - and a company that size only having sub 100 reviews, thats not a data source.
Instead, look at their brands - their two biggest, MyProtein (50k reviews) and Look Fantastic (45k reviews) have rave reviews and are leaders in their respective niches. Both of which have some of the largest influencer and affiliate networks in ecommerce. With a move to social commerce in the next 5 years, THG is incredibly well placed. This is just looking as THG as a retailer though, their tech arm successfully works with huge accounts like Chanel, P&G etc and is growing.

For those interested, as I'm someone who works in ecom and tech, I mainly invest in those areas. Boohoo has to be one of my favorite shares - massively underpriced and it's quite a lot of fun (...or risk).

But the pick I'm most excited about long term is TheHut Group - recently listed, not many institutions are touching it until they show a decent track record. If you do your reading into them, they are a great long term bet IMO. It owns some big brands and retailers but also has a tech arm which helps the likes of P&G run its online ops

@jimstevens, You're right, the stock is particularly volatile which attracts different sorts of traders adding to volatility (they buy and sell more frequently and rarely hold over 6month periods). What you tend to see over stabilisation periods is that "hold" buyers tend to buy up the volatile buyers shares when they look to sell (usually during any significant bump in stock). What we should see with this stock is that over time they will gain more long traders, less short traders and less traders looking for value in volatility. The assumption here is that they stay out the news, if they are in it then the volatility continues - unfortunately they have picked up a few journalists over the years that are absolutely obsessed with "exposing" boohoo, whether there is anything to expose or not - i have no idea! Generally, most stories about boohoo are written by a few individuals or people working closely with them.

Boohoo needs to manage these people and papers to go up, they will know that and will be setting out on addressing the overarching concerns that are keeping investors out. They need to attract long term, institutional investors and we will see over the next year that their board works hard to win these investors over and change their image

News of a US vaccine that is more effective than Pfizer and could be distributed before christmas. Basically, money now flowing back into pub group stocks, offline retailers, advertising companies (WPP for example), airlines. It's people betting on big and fast rises in their stocks - which will be the case, but doesn't change the mid-long term prospects of boohoo - shopping behavior over christmas and BFCM will be online.

@David , you're right and sensible that that is a case - for me, I'm on the board of a ecom retailer (dif industry) and heavily involved in ecommerce - I can see from my side at least that this Q4 will be (and has started to be) the biggest for pure ecom retailers in terms of revenue and profitability ever. There are going to be mega winners this year and IMO Boohoo is going to be one

Now, the fun part of these boards is that you have no idea who and I am and whether to trust the above haha - all the same, the info above is generally out there in industry reports if you want to dive into it!

@LongerGuy Boohoo, financially speaking, is undervalued right now - fair value sits around 315-340 for its market and growth. Market fluctuations happen, obviously 2020 is pretty turbulent but the likelihood of the value going up over the next month is greater than that of it going down.

I know this isn't a definitive answer, but anyone that gives that would be full of sh*t or from the future - the latter being not so likely

@maxdba happy to explain why I think autotrades are placing buy orders, not "walking them up". This is now an opinion though. Autotrades are placed frequently, through sometimes cmplex algorithms - I can't guess to those - but auto trades "tend" to purchase in frequent and smaller volume to not jump the share price as they get burned quickly (a sudden rise normally results in a sudden sell, unless theres a factual backing to the rise). Normally the trends of these transactions follow a simple determination of whether the price is analytically overprice, underpriced or fair. That's my thoughts on it, hope it helps - if not no sweat!

@Hopeful32 the top auditors have passed on it for now, thats not an irreversible decision. Whether they need a "top" one is also a question. Boohoo will get a new auditor in my *opinion*. There are probably better growth stocks, but you'd have to know the future to know which one is the best. Everything points at Boohoo not being too shabby in the long or short term

"Sentiment is against boohoo" - Man who has apparently polled an entire nation, both consumers and investors. I must not have had the invite to the poll though as my sentiment certainly isn't

Let's talk in facts, with no assumptions, share price goes down sharply on bad news, a few days later, share price goes up to what is one of the lowest share prices this year (only 40 or 50 days in the last 12months have closed on a lower price). The revenues have gone up in the last 12months (and every Quarter). Therefore, this is one of the most undervalued, financially speaking, periods in the last 12 months.

All the above are FACTS, what you take from that is up to you.

Can we stop with this awful predictions, it's like yelling at a horse race as if it makes it go faster. Absolute mindless dribble cluttering the board. It always wrong, and when it's right, it's luck - no basis in it

Growth potential on this stock in short term is c.20% - putting where it was pre-PWC news. Short term downside looks to be 5% (i.e. today's gains excl big buys which tend to be long calls).
Long term upside is c.40% maybe more, long term down is again, c.5%. Long story short, the stock is much more likely to go up than it is down from this point

Kando - that's a large assumption, directors bought in yesterday - they will be working immensely hard to get an auditor and change image. Like any stock, there are ups and downs but I really think that the reaction to the last news was overblown and thereby giving an artificially low buy point.
If EY rule themselves out in the next few days then maybe it does go down but waiting to buy in at a certain price is nuts to me. Question is, do you think the price now is overpriced, fair or underpriced. Imagine missing out on a stock that goes up 30% for example because you wanted to buy in 10p or 20p lower.

Of course this is a personal view, mine was that it was underpriced at 270p, 250p and 230p and have bought at all three. Of course take advice on these boards with a pinch of salt but in my view, Boohoo is very underpriced at around sub 300p, if you can get it under that, you make money