RE: People going Mad23 Sep 2022 08:53
n1shares, I don’t think it is a fair assessment to say things are rosy here. High street fashion retailers is one very tough market sector, so many company’s have gone, Boohoo’s SP has collapsed. High street stores are very sadly a liability. the costs of rent, rates, electricity, staff, etc makes it near impossible to make any profit. Add to that the statement that they are expecting losses before tax and that they do require further funding very soon, it just seems that there is a lot that needs to happen before this company can turn around. It’s one to watch for me but no way would I invest in this right now. That’s just my opinion and others will disagree.