The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
No humble pie eaten at all.
As for you, did you hide under the duvet this morning cos you had a late night out or something?
or just to chicken to accept all the flack youd have got for bs when the sp was down 6% so you kept away.
No need to answer, we all know the reason
Level, please dont mention the "d" word. Some on here will have a little turn
Oh but Doug, do take a look under my login name on this post.
There are a couple of things below it.
Posts, then
Price, then
"no opinion"
What do you think that suggests? Its very basic English, wouldnt you say.
If you want to sell at 34p, you feel free fill your boots, but you should insist on a little more given the sp is currently higher.
Your turn. £8k's worth of "no brainer buy" shares at a whopping £3.78.
Are you in profit?
See your earlier buy now JWB.
Youd posted it the post header only on a totally different thread so missed it.
Congrats though, good lovely low buy price for the day 32.9.
Stick or twist now being the choice. GL
If you did buy this morning JWB (i cant see the post you said you made referring to it?) then fair play and well done to you indeed. Decision to hold or sell into the rise now i suppose.
Any of the long time uber confident submariners not fancy a nibble today then at such a low?
Thats a mega loss Spidey isnt it.
Although in BOo's defence, it is somebody elses money they are losing currently.
Except they have to pay it all back by 2026.
The £75m portion in 2025.
They will probably pay that back with the £230m they still have on rcf.
In the meantime its costing £22m/year in lost fees/interest.
Wheres it all going to come from?
the back of BOO's sofa is bare.
And lenders are already unwilling to extend credit.
Pushing the day of deliverance into the near furture thats all they are doing.
But doug this is the BOO board and im far more interested in the wuestion you keep ducking, that is:-
Did you manage to make a profit on your BOo shares you paid £3.78 for?
£8ks worth you posted as buying saying it "was a no brainer" buy.
At least you got the last bit right.
Absolutely completely agree with all of that - but the number of customers at y/e was NOT 18m, which you said was your reason for investing today..
It is 16m as per BOO's confirming rns.
Still a sizable and valuable number, but a decline from the bbc figure in November which you stated as current (ish) for today..
Its really as simple as that.
Ultimately, your happy to buy in, and fair play to you for that. Based on whatever criteria you choose to use.
Its called a debate boasty.
Around the rns announcement.
You should try it instead of attacking people all the time for not swallowing your tripe
Do however fully agree customer data is valuable, but not old data from old customers who are not buying currently (which is why BOo have reduced the numbers, quite correctly)
You stated you bought in because :-
"The key words there is 18 million customers"
There isnt.
BoO themselves state 16m as per rns.
If they could find reason to lift this number, rather than report a 2m reduction im sure they would have taken it.
Now you say 'passive' customers count. But they arent buying (active in BOO words).
BOO's definition was 'active customers in the last 12 months'.
They also say circa 500m other customers are out there - they, using your analogy, could all be 'passive' customers.
Pays your money and takes your choice, but stating there are "18m customers", as you did isnt supportable, using BOO's rns statement. And any other number is sim0ly a random guess.
Appreciate the exact number is a 'movable feast' as such but BOO have themselves quantified it - see rns quote below
"Active customer numbers in the last 12 months decreased by 11% to 16 million whilst the conversion rate to sale increased slightly by 80bps to 3.82% from 3.74%. Average order value decreased by 3% to £51.68 and the number of items per basket decreased slightly from 2.82 to 2.80. Average order frequency decreased by 9% from 3.08 times to 2.79 times per annum, reflecting the impact of the macro environment on consumer demand."
Toffers, Rns confirms they've lost 2 million of those 18.
So exciting boasty, isnt it, all that jam tomorrow.
You 'sunk' anymore funds in today, at this bargain price?
Some ramper clowns even claim to have hundreds of thousands trapped in here Sam, but happy waiting for the return of 'the good times' in the dim and distant.
Be better off earning a bit of interest in the post office (assume Horizon computer ok now?)
Locked in = lost opportunitys elsewhere
Absolutely, just like all the other media out there, conspiracy you know
Https://ukinvestormagazine.co.uk/boohoo-shares-fall-out-of-fashion-as-sales-disappoint/
Inews quoting HL as saying
"For now, it remains a struggling company with a tarnished reputation"
https://inews.co.uk/news/business/boohoo-struggle-159m-loss-3045596
RCF appears to be costing them £22.5m in fees interest and charges per year from what i read - almost doubled from last period, so quite a chunk.
"The flagship USA distribution saw revenues decline by 18%. "
And this expensive DC was supposed to be leading the charge back to profits, according to the BOO oracle on here. dear oh dear.