Member Info for DC2007

'And Boo was last anywhere near 48p in February'

Nope. From the FT, Boo's intraday low on 20th March: 48.47p.

Nah tradey, that's not an insult. More an observation, akin to pointing out Big Ben is in London.

Was this how you always dreamt of spending your retirement days, trying to police a public forum and pick arguments on it? I think you enjoy the antagonism on some level & picking fights; you maybe need it more than you'd admit. It's meeting some void that's not fulfilled by anything else more healthy.

'Backs up my view that margin should double this year don't you think?'

:DD Bless! This must be the 'reasoning', 'research', 'evidence', 'facts', etc.; those words that Tradey seems utterly enthralled by but has no grasp of what they mean.

Lol, true! Place your shorts for an easy 10%. Is Wednesday alright for everyone? I'll get on to the boss and the MMs and have it sorted.

There's nothing 'in it' for me other than trying to make money by trading Boo. Reading a Boo board might help me. Most of my posts in the last day have been a response to you being accusatory and insulting. Next you'll be trying to bar people from replying to your abuse!

Firstly, yield curve says otherwise re. avoiding a recession, in the US that is. And a US recession likely affects the rest of the world.

Secondly, you're speculating about input costs and can't possibly know if they've normalised or not.

Thirdly, I've no idea what you're talking about. Businesses should always strive to be efficient. Having to begin a programme for it isn't that positive a sign.

Fourth, the ESG stuff is greenwash and that is probably only superficially important to most Boo customers. Fundamentally fast fashion is not sustainable or ethical, but it's very popular because most young people are more bothered about looking good.

The market has recognised that Boo is not going to be as profitable as it once seemed and marked it down accordingly. (And the dastardly shorts and MMs in a thick conspiracy against only this one small equity out of tens and tens of thousands don't help either.)

Why post dozens of times a day on a business you're confident in and which only represents minor < 5% of your total investments? Why waste your retirement doing that? What is your major motivation?

Filter the posters you can't tolerate and then you'll only see what you can cope with.

'You will see I haven't resorted to a single mindless insult.' Mate, you called me a troll.

'I'm still awaiting any form of explanation...' I do explain. You either disagree with it or ignore it, but then say it's non-existent.

'So come on, let's see examples of all those distribution centres that have been opened in less than six months? '. Porkies again. Name the time and date of the post. Never said anything about six months. Do you even realise you're fabricating stuff all the time? You make things up and then treat them as if they're established, true. It resembles pathology.

Haha, what's really clear is how wrong you are on nearly everything and that you behave like a toddler if people so much as dare to point it out.

Aye DT, he's full of it!

Mate, they've got £300m cash because they've fully drawn the revolver. Only basic numeracy is needed to get that.

The rest of your replies are too long and hackneyed to bother with.. i think I triggered you or something. Maybe try having a lie down or talk it out with the psychologist wife. You're not capable of the debating that you portray yourself so fond of.

Timely example of attack, insult, abuse and fabrication. All from the 'man of facts' who says they do none of that.

You're as deluded as you are pompous and bullying.

I'd hoped you might be able to handle a response. Alas, it seems not and you want to play the man and not the ball. Amongst your emotional outburst, you've not addressed any of the arguments, assertions or opinion I've advanced (yield curve; bank issues, etc) You've also not countered the initial challenge to your claim that you never attack, abuse, and so on. Is this an attempt at post-modern irony? Because you go on to attack and insult with...

"It's a strange way to waste your time, posting absolute rubbish on a share where you have no investment. You write like you are an educated, intelligent guy, which makes what you do even more ridiculous."

These, as is the case with much of your postings, are replete with gaping fallacies and contradictions. This is a single example from many I could have picked. But I can't be bothered to point out more of what will be obvious to most.

Nighty-night Tradey; sweet Boo dreams.

Meteorological winter is over and my 27p prediction has been proven wrong. Simple as that. Predictions are, by their nature, subject to uncertainty. Don't be so scared of trying a few!

Conveniently, in your very next post where you attempt to refute that you make stuff up, you...make stuff up. The same recycled things you have many times over.

You embellished, misconstrued or misinterpreted things I said, and then repeated your versions as if they were verbatim.

Yes, there'll still be a recession. Recession would be one of the markers that increased base rates are working to blunt inflation – it's an implicit part of treating inflation. Check out the inverted yield curve for US treasuries: this has preceeded every recession recorded, ever.

There has been some steep sell-offs over the past months, now crystallised by the failing of SVB, Credit Suisse, and others. It's not yet clear how this will play out. The contagion has been partly contained through the response so far, but bank runs are very unpredictable and can trigger wider financial crises by unexpected ways.

Boo I do think will need some capital restructure within a couple of years. They've drawn down all the revolver and I expect they'll fritter it away to limited benefit. UK revenues are in reverse, in real terms, and statutory profits for the group have become severely crimped in partial consequence. The US DC is a red herring because a manual operation (they've previously said it wouldn't be automated like the UK) shouldn't take anything like as long to establish as it has done, and it has a repeated inbuilt higher labour expense. They've lost crucial US revenue, momentum and revenue in the meantime.

Upshot is revenues for this and next year to be under £2bn, and earnings to land between -£25m and £40m. Dividends within 5 years are implausible; dilution for equity holders, which nearly always hits small PIs harder, appears more likely to me.

The magic Boo briefly held a few year ago is long gone. Savvy investors reevaluate and act according, whilst the believers freeze and sit on losses, or average down.

 'I don't atrack, abuse or make stuff up about anybody.'

Wrong. You do plenty of all three. Anyone that wanted to establish this as fact could find plenty of evidence here on the Boo board.

Hmm, but that's the same as their revenue today, and about the same as what it'll be this year. Plus margins are much lower. It's not a great comparative. It adds evidence to the theory that C19 gave Boo it's pomp which will longer term come to be seen as an anomaly.

Yeah jitters could spread more widely still. It'll take some time yet for the consequences to all play out.

It's concerning that it got very serious very quickly. Shows the strain that's new in the financial system now higher rates predominate.

Very hard to see how it could be detrimental to Boo or UK retail though, even if the equity valuations take a short term hit.

37% against something is nowhere near conclusive. Probability and statistics would look for >90% before even thinking of using that sort of terminology; much more like 95% or 99% before conclusiveness can be considered.

Look at approval percentages for remuneration packages and then compare the terminology. If a director's pay was rejected by 37% of the voters, it would be newsworthy. When pay is approved by 99% of the voters, you wouldn't be reading about it in the newspaper.

So you're predicting Boo will either go up or go down come morning, Pp1? With insight like that... Tho I'll give you that it's still more coherent than a tradey true-fact.

Man, tradey musta got triggered yesterday! Yet another recurrence of pompous posting diarrhoea.

Yep, that was coming from Powell. Yield curve most inverted its been since 07 and short treasuries yielding over 5% means more pain on the way.

I never got the whole volume argument: some of the largest days' recent volume has coincided with a sharp drop in the SP. Concluding drops are due to only small volumes changing hands is contrary to the evidence. Alas, some will only see what their wishful thinking permits.