Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I feel this is one of the safest investments for 2021. Boohoo is not affected by Covid 19, and the forever changing landscape. They are also a good bet in a recession, they are doing well in the USA, have plenty of cash and are leaders in social media.
They also have acquired some great companies along the way and have opened up new markets, I can only see Boohoo go from strength to strength and will keep buying the dip at these bargain basement prices for little risk.
Nothing wrong with that if you knew that was going to happen. Unfortunately I'm quite new to this, so it did not make a lot of sense to me.
Unbelieveable how a good share like this can go down so much after fantastic results. One strain/variant immune to the vaccine and its game over for all the travel stock that are shooting up like wildfire. I would rather have my money invested in a company that stands resilient in all scenarios.
How many companies can produces results like this in one of the worst pandemics to hit our world this century.
Anyone who cannot see that Boo will be one of the largest global players in Fashion online retail, should give up investing now! Boo are leagues ahead in social media presence and their ability to adapt to markets trends rapidly gives them an edge that others will struggle to meet. This is not to mention the adoption and acquisitions of existing and up and coming brands to its portfolio moving forwards. What many fail to realise is Boo can react to market conditions FAST, it's the emergence of smart retail, and this is why Boo will go from strength to strength while others fall and is already being seen, you just need to open your eyes.
TJD are suffering poor customer service is due to the significant uplift in site traffic, Orders going through the roof, couriers are imploding... I can JD changing them soon, but now is not the best time unfortunately. JD growth next year is going to be exponential, especially with more people looking after themselves now and keeping fit.
All these negative posts by shorterguy, I wonder why? its pretty obvious he would like everyone to sell up and run for the hills based on project fear!
No one in their right mind will close down a business that has the potential to return their money once things improve and they will!
I have run large businesses and I would not dream of shutting down a business that I felt could repay, even if thats at a much later date. The creditors also know that the situation is not the fault of Cineworld. Who's going to lease these properties anyway if they became vacant? There are so many empty retail spaces available the moment I cannot see any benefit in anyone taking such action at present.
If anything, Cineworld might make a voluntary arrangement to streamline its business, and thats whats happening now. Its the prefect opportunity for them to slim down any excess that may be dead weight. That is the prefect business strategy in this climate and one thats being adopted by many companies at present.
This is not the first Virus the human race has had to deal with and certainly not the last. On top of this, this virus effects the minority, the lockdown is to protect the vulnerable and keep our hospitals from being overwhelmed, It is a temporary situation and most people with half a brain cell will realise that.
There is nothing that compares to going to the cinema....., its in a league of its own. People don't want to live in Boxes! I have a super large 60" 4K screen, but I still love going to see a great movie at the cinema, even more so now. Most people want to see a movie as soon as it is released..... in all its glory!
The crux of the matter is Covid affects a small minority of people, and the only reason lock downs are in place is to protect the vulnerable from overwhelming our hospitals. Streaming will never compare to cinema, no matter what people think... its open to being ripped and distributed in moments, just like the music industry was, however this industry has evolved and now make most of their profits from Interviews, Performances, Tours and Merchandise, something not possible on VOD.
Yes there is a market for streaming, but that will be after a release in cinema for block busters, pretty much the same as DVD. There is no way the film industry are not going to let go of a huge and prestigious revenue stream, which they have already demonstrated by the postponement of release.
Next year there will be a huge pent up demand and there are a whole string of Block Buster movies in the waiting that will give a welcome boost to the industry as well as a chance for them to recover some of their losses from this year. Most investors will already know this and won't wobble as they will know the losses were due to circumstances that nobody could of foreseen and will be short term.
Creditors don't want to lose money, so the debt will be refinanced. They also know that the circumstances are beyond the control of the cinema and not its business model. Also landlords won't have anyone to let their property too in any event with the situation as it is., so would be completely pointless adding needless pressure at this point. The big movie companies have postponed release until next year and beyond as have no appetite to release on VOD. I feel all will be good, but not right now. This is for the patient.
Any storm will be temporary , whatever happens..... An auditor will be appointed and thats a fact!
How anyone can think this is not going to increase in value need their head tested. It doesn't take a genius to work out this company has zero debt, is making millions and is sitting on piles of cash and will be acquiring more businesses in he future as well as significantly growing its customer following daily. Most companies dream of having these credentials....
How many reason to own... lol
24 Localised websites selling over 80 items per minute and growing
9 offices in 5 different countries, Spanning from Europe to the Middle east
Launched their Clothing Recyclable range last year and all their bags are made from recycled material and are recyclable.
6.6 Million customers and growing daily
6.3 Million followers on Instagram and growing
69 mlllion unique page visits and going up
Launched UK hub automation last year
100's of new lines daily
Sold 10.6 Million dresses last year, one every 20 seconds...
Have high profile celebrity endorsement with more coming on board
Highly experienced and dynamic fashion team
Bring Catwalk style thats affordable to the masses.
No Debt
Massive growth worldwide and continuing to expand into other countries
Covid Proof
Profits and T/o increasing significantly each quarter.
Could add new product categories to significantly increase profits
Actively engaged with its customers and technology.
Have a new governance programme bringing this company to the forefront of ethical and fair trading.
This company is the future of retail....
Exactly... Never seen so much green ....This company Rocks! and we not even had breakfast yet.
What most people don't realise is most of the products in our homes are made in countries where conditions are far worse to those in the UK. Most of these people writing these articles are hypocrites.
No one forces people to work for low pay. It also highligts that we have some deep issues within our society not talked about, and it is likely these low paid workers are on benefits too, and having everything paid for them by the state, to earn a little bit extra to make ends meet. The real issue here is why are people working for low pay, you have to get to the root of the problem, not deal with the symptoms. And that is the crux, the newspapers only deal with symptoms, like doctors, so nothing ever really changes. This is just NEWS to sell newspapers.
There thousands of companies in the UK who are just as guilty of these practices. You only have to go on the high street to see low prices, that could of only come from cheap labour. Until people change their attitudes and pay a good and fair price for things, nothing will change. There will always be suppliers that will find ways to undercut their competitors. This is global economics and capitalism.
It is now clear the government are passing their passing responsibilities on to those who really are not placed to enforce the law.
Looking forward to Black Friday , gonna be whopping! Boohoo are about to embark on their best trading period ever. I know where I would want my money with lock down uncertainty...
What other business has such mega social media following..... and growth on a global platform?
Boo is resilient and will emerge from this with great strength, what doesn't break you makes you stronger!
Financial times report on the big 4, like they are squeaky clean... lol..
These individuals worked for four of the most renowned names in the business world: EY, Deloitte, KPMG and PwC. They are among 20 former employees from the Big Four accounting firms who have spoken to the Financial Times about their experience of harassment, bullying and discrimination in the workplace over the course of a year’s investigation into how these firms treat whistleblowers within their ranks.
PWC quit before they were terminated.... they could of made this announcement a lot sooner if they were really that concerned. Over hyped accountancy firm not fit for the purpose! like the other 4! Good riddance!
Boo will find an auditor fit for their exponaential growth!
Any company under this amount of scrutiny will turn up issues. This is more of witch hunt and has more to do with who is running this company rather the company as a whole. BooHoo employs thousands of staff around the globe, and is a success story for the UK. Not everyone working for the business have bad intentions and this should be remembered. This company is not made up of only one person.
What is it about the English who are hell bent on destroying their own success. It is not down to Boohoo to police other companies, at best they can only influence or stop trading with them like nay other business.
An unqualified opinion is an independent auditor's judgment that a company's financial statements are fairly and appropriately presented, without any identified exceptions, and in compliance with generally accepted accounting principles (GAAP). An unqualified opinion is the most common type of auditor's report.
Boo will emerge a stronger and cleaner company after a relentless onslaught by the newspapers. It has a strong growing customer base and worldwide universal appeal. It is no surprise that a company of this magnitude is going to have its teething problems as it grapples with huge growth in a short space of time. Its also a wake up call to other companies to start checking the companies they are dealing with, which I imagine every bank has been involved in money laundering to an extent. It now seems that everyone has their part to play moving forwards. Who's next? ...