Member Info for Crescendo

Me too as I am interested in this company

Excellent list Kitty to which I would add an external plus too. High street apparel shopping is still in decline and IMHO very unlikely to return to anything remotely like previous levels. Also once players like get BOO and ASOS establish leadership particularly globally they will be very hard to unseat. In response to Wyndrum - yes in the end it is all about fundamentals but they are seldom quoted on this BB. I pop on briefly sometimes for the entertainment when I am bored but I use Stockopedia and IC plus some other sources for my investment decisions. Most of the serious action happens well away from this site, often with stocks which are seldom talked or obsessed about.

Ha ha ShortGuy - I love the presumptions. I am a very very old person to you being 74 but I built one of the first computers and stream regularly. Also if you think old people are going to trot out to town centres at night they are not - many are battlegrounds after 6.00 with few under 30 venturing out. Anyway it isn't an on or off switch re cinemas but I really cant see anything like the same number opening as have closed. Similarly I cant see all Tesco's 6300 stores staying open in the face of online shopping either.

Absolutely ShorterGuy - same with the eating out with friends at the mass of mediocre junk food places which was already being displaced by Deliveroo and others with massive closures well before Covid. Lets see a film is no longer a dating invite either when a flick left or right finds you a partner. Shame really as the Cinema was a big part of my love life back in the day but I still have memories LOL.

The longer this goes on the less likely many cinemas will ever reopen. People are now buying huge TVs with great sound to screw on their walls and they will be flying off the web on Black Friday and over Christmas. Then stream your new release, dial up a Deliveroo and enjoy the show. Why on earth drive to a smelly cinemas on a cold winter night or indeed a hot summer night with people talking crunching slurping popping to the loo etc ever again? Disney have already streamed their latest release and I am willing to bet the latest Bond will go the same way shortly too. They cant get the next JB announced and production started until they have extracted all the cash from the current one so it wont stay stuck in the can. Like on line shopping it has been coming for some time and Covid has merely escalated the shift!

Yes BOO are outstanding on digital which is where their target audience live their lives too. DYOR includes understanding who buys a company's products and services and few on here understand BOO's let alone ever talked to them. Lots of great stuff going on in their sales territories. Here is a link to their activities in Australia which got them 53k sign ups. https://www.ragtrader.com.au/news/boohoo-calls-on-aussie-influencers-to-dance-to-first-commissioned-song.

RNS said so mate DYOR

Wouldn't we all mate. Many on here had the 'surely it cant go any higher at the moment feeling' and got out only to see it fly away. There will be the usual profit takers at the first sign of a downward line but that will only attract more buyers and away we go again. As long as the company performs and keeps us updated with accurate relevant info it could run and run. We are in uncharted territory both in the current pandemic and the market dynamics.

Good point Steve. Re Kay's 'confession' bigger picture yes, especially their international acquisitions and growth, but fundamentals and track record over many years too which for BOO (I hold) are excellent. People love bad news and so much has been made of the sourcing issue but no credit to BOO for the mature and comprehensive way the company has tackled it, or any for the 40% of product which is made in a deprived part of the UK either. Online apparel shopping is here to stay and indeed grow, irrespective of Covid, and BOO and ASC (results next week - not all priced in IMO) are leading the charge.

I've even stopped gardening in mine!

Have you actually looked at BOO international reach KK. They don't need a 'step into the US' as a 5th of their sales already come from there and recently acquired brands are US brands which is where a lot of their future growth will come from. If anyone wants FC it will be FG as last time I went into one of their stores which was a jolly long time ago they were awash with ghastly FC checked shirts and unfashionable jeans.

Might have got this wrong but BOO (I hold) were looking at NL when they were heading for administration before they did a CVA involving landlords which was when BOO dropped out.

Fraser Group makes more sense although FC refinanced on their inventory etc recently and would have thought FG would have pounced before then. Someone must be sniffing around as that SP leap probably wasn't achieved by FC's performance although SP is pretty much at rock bottom.

No way. Boohoo want brands and customer lists not bricks and mortar. Currently busy developing the brands they have recently acquired but got masses of cash for more.

I understand your point but surely we don't need them to buy more shares to demonstrate anything. They built the company, still work in the company and have huge shareholdings already.

They are in good shape with great results and loads of cash, having set out an extremely mature and comprehensive solution to the supply 'problems' under a very experienced and successful CEO from the industry. They also have all the external aspects in their favour with an offering their target audience want sold in a way they wish to buy and a trillion global dollar market to penetrate. All this multi bagging potential doesn't come to fruition quickly. A lot of the fizz a few days ago was priced in and we just have to wait for their next interim which will likely be far more than their caution suggests.

I cut loose from BP a couple of weeks ago - got sick of seeing them languishing away. Hard choice but my portfolio jumped on the sale. I asked myself what could happen to see a rally and came up with the answer - not a lot!

Agreed Rivaldo. Also online from warehouses is here to stay with major supermarkets rushing to get rid of their stores and fighting it out on price. Far better to be servicing them like WIN. I hold and might stock up a little.