RE: Panorama response1 Mar 2024 20:40
"In my opinion, Boohoo is ripe for a takeover or merger. It needs to be rid of the founder executives, otherwise ir will remain at this depressed level."
Agree simon, my monies on takeover at basement price, personally i cant imagine anybody else wanting all the baggage from BOo's history hanging around in a merger.
Also think you've hit the nail on the head with the execs, they have just sat quietly by and watched their business get torn to shreds by the media, appaling managerial failures and poor practices galore. They havent said a word or done a thing to counter the hammering the firm has justly had to endure, for year after year. I cant imagine anybody would want them involved moving forwards.
Like some on here the Kamanis misjudged the best time to sell out and move on - they have lost mega money here, yet what do they do?
They Continue to sit quietly by as someone else buys the firm out from underneath them while competitors line up to eat their lunch.
If there is a merger, and i cant see it, then they wont survive given their mismanagement.
Its why the sp is at rock bottom still and hasnt moved upwards for well over a year now.