Member Info for danl90

So it turns out rag you can’t actually value the share? You’re just taking a view of lots of different people on here? That’s odd because in October you bought as “ it was low vs the previous highs” then you had a go at a p/e valuation and now you’ve changed again?

Are you actually sure why you hold these shares or are they actually appreciation tokens to you? I think you’ve proven you’re not invested you’re just gambling here as you can’t say why these shares should be 80p never mind 200p or 400p. It’s just a wish and pray for you? 30 years experience and your view is based on a collective of people you don’t know on a online forum? What an embarrassment! Almost as bad as when you thought test and repeat was the same as topshop? It laughable how out of touch you are!

Q3/Q4? Is this the same as you couldn’t read this in terms of boohoo? Remember when you said boo wasn’t getting debs until Jan/mar 2022 as the RNS said Q1 FY22. Again what a milkman! Also there is forecast expectations for the next 12 months weighted to H2. Do you ever listen to the RNS or management?

Of course not you’re just here taking a collective view on a sample of strangers who also in the main don’t understand how to value a business

So go on show you don’t have “hammy balls” and be a man and do your own work. Show your own valuation

The industry left you behind and this upsets you. Again no one is claiming master trader on buying stocks in Mar/ Apr 2020 except you. Any idiot under the sun made money so calm down. It’s not like you had a clue re valuation then either

Come on milkman stop being a coward. Show us you’re “invested”? What a joke

I'm just after you showing us in some reasonable value sense how you think you value the share to 450p. I just want to see what sort of car crash nonsense you come up with given you can't use any figures, expectations, forecasts, p/e multiple or comparatives to other stocks/ businesses (this was your first point to me ages ago when I was starting the p/e of gymshark)

So yeah just love to see the nonsense that comes out as to why 450p. I think this is what would be great as then everyone will see you're not "invested" here you just gambled on a dip and haven't a clue what this share should be

Also re your asos gain. There's no pride for any investors who piled in in March/ April last year and now think they are Warren Buffett. The whole world double bagged on everything we bought then so calm down on that one

Come on how do you get to 450p? Or is it just hoping as it's a nice rounded number? and you can't say £4 now as I called you out on that?

450p - go...

Why does rag go all quite when it’s his turn to answer something?

Loves to try and criticise (but mainly it’s as the world of fashion left him behind and this makes him angry) but he also can’t contribute to the one reason we are here. The share price

Come on milkman. There’s a longer lead time here than asos (remember how you couldn’t quite make that design to ready to sell but fit into two weeks? Turns out it is 4 for new new as I said)

I think Rag is just about to tell us why this share is not to be sold today

Anytime now. I'm sure this will be the time he manages it. Also @webba why are you comparing to expectations rag says this is pointless - i know right!

Not selling atm as I think expectations are low and Boo should hit them. But again I value the business forward on expectations

You've still not had a go at how you do it yet. Keep avoiding that don't you? You really are scared of that question

Are you "invested" here? no as you haven't a clue what you've bought, you don't understand the business or like the future strategy

Come on Milkman try and answer once. i'm like 10 and 0 with you and that's without you answering one of my questions

Yes but not that it makes you smarter or dumber if I do or don't

Funny thing is I can explain why i'm invested here and why I won't sell at a certain price

Can you explain why today isn't a good time to sell? Or just working on that £4 figure still

Do you know anything? The industry left you behind (nice how you skipped over those points i schooled you on - as i understand the business and look forward). Maybe KM should keep to 300 peices, run up a tonne of NWC (wait what's that?) and keep stores? What a milkman. God if you ran this share would be trading on 6x!

Come on answer one of my questions it will be a laugh

Don't be scared

I'm not sure what points you think I've made in the recent past that are looking backwards? I'm very much about looking forward. Results just show how you are on that path

"till then you sh#t your pants on anything that's not in the statement" - maybe if you learnt this too (and how to value a share) you'd have some more free shares like me

Want to tell us why the share isn't a sell at the current value? Want to try and answer one of my questions for once? Or still too scared?

"Mitch didn't go to Asos because he was already lined up at BH , he worked with JL at Matalan and Burtons d#ck for brains, oh sorry wasn't it in the statement" - i don't think this makes me d#ck for brains for not knowing this. But equally you have any direct proof or are you just assuming JL had tapped him up prior? Any one can point to a previous relationship but can you prove it happened pre asos getting topshop?

Also you have very little insight - test and repeat same as topshop? KM is max 300 lines and trying test and repeat is is not sustainable? yeah you're on the pulse everything you've ever said about this business is wrong. I had the vision to say what test and repeat done the boo way would bring. KM now lines in the 1,000's and you'd still be trying to run their stores

One of us is looking at the future. The other is a milkman

Try and answer the question of value? Be brave little boy

Back in Feb-21 it was noted that Mitch wasn't going with Topshop (along with a few of the other names below). Do you know if that was Asos thought they weren't any good or was it that they might have already had a "chat" with JL about boohoo?

If the former it might be hard to call them top of their game given topshop/ topman failed and never established a proper online offering or invested into a platform

Want to venture how much this small piece "all add to the value of this share"? Why not sell now?

Also JL did announce this in the investor pres - you should watch that. might learn how all the small pieces fit together into a business

Seems we all got this info from our comfortable front rooms. I think this makes sense that you live in the coal pit as maybe why you're not so upset about fleas being in clothes?

Mayor of Manchester is getting more vocal on transport in Manchester

I agree more M&A should be the priority. I just make this point as the board just said they weren’t actively looking and when they bought the £72m office you’re sort of admitting then (in a business that should grow at 25% annually) that can’t think of anything else to do with the cash

It’s just a thought but in my view M&A or US warehouse just if you wait 12 months we will have another £200m or so on top of current

I haven’t bought here (I’ve wanted to but always been in other things when the price has dipped)

I think you lads might be happy tomorrow!

https://www.google.com/amp/s/amp.theguardian.com/business/2021/may/10/the-hut-group-joint-venture-deal-softbank-thg

No idea where this will open tomorrow but the “platform” element just got valued at the same price as the entire business (remember rag thinks “platform” is just words - here £6.7billion that disagrees - milkman)

But with the extra cash raised, what the platform offers, their beauty expertise but no material clothing offering (they have a small website and a single shop in Alderley edge - not material to a business worth £7bill)

Hut should buy boohoo (or Asos) god knows SoftBank would go for that! The synergies and ability to achieve scale would sow up the market

Another interesting news point today was Amazon raising debt for expansion but also to buy back shares

With this share price so low and the board saying M&A is not actively being sought atm maybe boo should buy £100m of shares? If you think these shares are worth 450p or whatever it’s a decent return on the cash which is otherwise not earning

(In most cases I hate buybacks and for what it’s worth I’d rather a US hub and warehouse but JL said this isn’t in plans yet - disappointing and for me medium term needs to be sorted)

@har not obsessed it more like sport. Pointing out the huge gaps in his knowledge

He’s no place “investing”

Annoyingly I was going to sell glen at close thinking we’d have a pull back tomorrow

Bottled it but it’s now looking very likely

Not a big day trader just sometimes it’s fun

Anyone who doesn’t have at least a basic understanding of how to value a company is dangerous/ idiot

If you can’t do the above make sure you like the business model, strategy and what management are planning to do at least then you know they are heading in the direction that’s safe for your investment

Rag falls down as doesn’t know one and doesn’t like t’other he’s just here for £4 because “it was once £4”

Just as dangerous

It’s been thrown around a few times (even by Ivan himself) of Tesla buying Glen

I know it’s a long shot (ESG concerns killing it stone dead in my view) but I think it’s an exciting angle to show how scare some of Glens commodities are going to be

In all honesty I’d be quite happy about Glen swapping equity with VW. In effect we could write the winner. Get x% of VW for exclusive cobalt supply

VW wins the race to electric as no one else can get cobolt for economically viable prices. Our x% skyrockets and we all retire watching the sun go down and Billy can have a sausage roll

Watchfinder rumoured to be bought for £250m

Turnover is £110m
Profit is £7.6m

Ramsdens is £12m in jewellery so shows where the growth can get to by possibly extending to premium watches

I mean £250m valuation vs c.£35m for ramsdens

You can see where this could get to by “polishing” a premium brand

Maybe that’s why they have said they will grow at 25%?

20% from core brands (down from 25%) and 5% from the new brands

Question here is is 5% under promising? What will marketplace be?

Annoying point is x-sell of make up to PLT and boohoo standalone websites. Hope this can be done without two packages

I think this small step from the Government is a huge positive for RFX. A lot of people will happily go to Portugal and they will get their cash from RFX

I think sight on Spain is the bigger one as we know that’s a key destination for a lot of people who might be more “cash” over “cards” for a holiday

Very positive and for me the jewel here is what the business can do online. Watchfinder (although a lot smarter looking) is worth a bundle more and for what reason? None really

Maybe RFX should look into a premium website for some assets? I know we spent £10m on stock but again we have £15m of cash why not buy up a huge chunk of watches to get it started? Support with jewellery

I think that alone could get the attention of a few fund managers. If they themselves start shopping there they go “I wonder who owns this” and it draws them to RFX

“And that was before the platform and new shiny brands”

Wow that’s a statement that shows you’ve 0 understanding of this share

Have you looked at the invest presentation? Listened to JL?

They both tell you where the business is going. I’ll give you a hint...there’s no stores

One of us is “invested” here. The other one thinks he’s bought appreciation tokens. 30 years experience

Yeah a top end estimate could be £5. But the difference here is I can explain that. Could you explain why the price now isn’t the top? No you couldn’t except “it used to be £4”

But go on. Let’s do that tell us why you wouldn’t sell at this price?

When do we start opening stores? Milkman leave the milk at the door. The industry left you behind