Member Info for dannyred

Kallumama so you openly state shein use slave labour

The follow up note from Zeus is very telling imho , no need for them to put their neck on the line a few days before results but they have so another positive.

You can do better than that kalluma ,your just saying words The tax authorities are waiting for the lists . Why they waiting ffs .

Kalluma your comments on the rns out this morning.

Valuing shares to any great accuracy is beyond many well paid analyst's let alone blacksmiths , too many metrics that are corrupted by shorters , options , naked options etc. Just look at the Archeos debacle .

We should ask danl90 for his considered view , everyone seems you're plebs don't attempt to answer ??

Why would asos do better ?
Because they've been hammered more lately?
May take longer for sentiment to change for asos .

Todays spaghetti letters "mid classes are getting poorer, they only have one place to shop the cheapest clothes which is primark." Well don kallu

Asos took a hit this morning nice to see boohoo holding up well in the circumstances .One man's buying opportunity another's bear trap, unfortunately I'm holding the bag at discovery inc. So can not top up .

I would like to see boohoo splash the cash this Christmas with a John Lewis/m&s style advert for Debenhams to emphasise that Debenhams is still available online and nothing has changed . The reality everything has changed but feel its important to let all the ex Debenham shoppers know there's still a go to place to buy decent clothes at reasonable prices. Saying that i hope they don't go down the sports direct 90% off route long term will be a mistake in my opinion.

Pedro ending the day where you started talking twaddle.

SPAGHETTI RE: Trading update end of month06 Sep 2021 12:13
My point is that the PE is very high,which suggests a company with very high growth potential.Acompany with very high growth potential would normally put all resources and capital into attaining that growth.Buying property and warehousing is not the optimal use of capital,in my opinion.This is a clue to where the company actually stands.Thereare many headwinds for the company.1.Increased competition in the BOO space.2.Increased competition from the high street.3.Inflation in the raw material costs.4 Inflation in transport costs.5.Inflation of labour costs over and above industry inflation, due to historical slavery issues.6.problems in U.S..This does not sound like a company that deservesa high PE.

Pedro , please do enlighten me on the headwinds

More spaghetti pedro , what headwinds

Pedro you can point it out as many times as you like , the facts are boohoo have not modeled their business model on £3.5 p/h

Also,add into the situation,that cost of materials in this country will also be affected to the same extent,as they have to be imported ,mainly.( AND THIS IS NOT EXCLUSIVE TO BOOHOO )

The competition are half way around the world with containers costing up to 4x pre covid costs something to think about .

Because there are plenty of suppliers that do not exploit workers and can fulfill the contracts boohoo have given them . Plus enhanced esg checking will clean up the boohoo name.

Why don't you look at it from the perspective that covid has accelerated the high streets decline ,for instance my other half got 3 magnums delivered last week by getir 3 magnums ffs!!! Shopping online has been introduced to a whole new segment of shopper not just 16-24 yrs . Boohoo growth via its army of brands can only increase once fully integrated.

BOO have had to deal with allegations ,and as a result they have put their house in order. ( Are in the process so we agree )Do you think that as resulted in higher prices being paid? Almost certainly!! ( You have no evidence its cut throat and you show me suppliers that have put prices up because they have now show an audited trail )A lot higher than industry average increases for labour costs? ( again your just eating spaghetti)Almost certainly!!.Is the company being watched by the media.Almost certainly!! (Agree )