Member Info for DC2007

Aldebaran is right about it being nonsense that a bull market is about to start, especially in the UK. The fiscal tightening hasn't finished yet and it looks likely to be sustained at a higher level over a prolonged time. The effects of this are only just beginning to materialise in the real economy.

Contrary to what is b
repeatedly misrepresented on here, Boo ~does~ have debt. They've said so themselves, having fully drawn down all of their new £325mn revolver.

The revolver is comfortably more than 3 years' worth of Boo's best ever annual net profit. In an environment where FY23 and FY24 profit are going nowhere near that, the debt looks substantial.

I think 27p, not 25p. The update is likely to be disappointing and take it down.

This is another suckers' rally and good for trading.

The trading update will take it below 30 though – it's far far likelier to be underwhelming than perfect.

This is looking setup to drop below 30p when the Xmas update lands in January. The update will have to be perfect or the SP will tank again.

Perfect updates for any retailer in such a distressed macro environment are just not very likely.

D. Only because there's no volume at these prices though & the market makers and shorts are in constant dialogue coordinating the share price slump. Nothing to do with the fragile business prospects, of course.

Debs was always gonna be a dud. Was a mystifying use of capital, aside from the fact they overpaid so steeply.

Poor close from the Boo. Get ready to duck the rusks.

Think it'll touch 27p before winter is out, as I mentioned in a previous post.

Not logically consistent either since tradey said again and again the shorts don't know anything more than anyone else. Why then would he champion a substantial reduction in the short position?

If shorts know nothing as he's regularly insisted, the only conclusion consistent with that premise is indifference to shorts being up OR down OR the same.

It's much better when his dafty polemics aren't on here.

Doubt it's on a sustained upward path. It's a bear rally like last time. Expect it to hit 27p before winter is out.

CWWX is being sensible. Suckers are getting drawn into this again. Makes for easy pickings for the IIs and smart money - lather, rinse & repeat often. Easy-peasy with Boo and it's gullible band of ramping followers!

Doubt the shorts are done here yet. Only a pause before they increase again like ASOS. Both companies are not making a profit any time soon because of the obvious macro stuff they can do nothing about - that pretty much controls the outlook here.

Ugh, another board blunder. Good money thrown after bad. Chances of Boo revolution receding with such wasteful use of capital.

This adds to problems & looks like desperate measures.

Up or down? Bad xmas profit warning would see that magnitude of drop, if not more.

It's super for trading opportunities. Hello 30s again will make it even better.

Longer term the business looks a bit iffy to me, so might as well make the most of the volatility.

What are if there aren't any 'crooked games' though? Volume this morning is up at 3.1m which seems about right. Buyers and sellers decide the price, not MMs.

Sensible post Simon. It's unlikely to please the board police but don't be put off posting if their paranoid incoherent rambles get trained on you.

They're sweating over the huge blunder they've made and are in denial about. It's expressed in angry vapid garbled rants – nothing to pay much attention to.

It's a dim investment.

It went quick from 40p to 400p then back down. When that happens, some can't handle it mentally. They try to contaminate others with their own regret and influence them for their own gain.

The smart sell. The rest hang about like an unwelcome odour before accepting and moving on.

Misconstrued data. I noted some inaccuracies in recent posts.

Volume today=5.24m

Last Fri when it hit recent high of 56p=22.1m

Weds this week, by which it lost 20% in just four trading days, volume=21.5m

What does that mean? No necessary conclusion follows such facts; only supposition.

Values given to 3 s.f. Source: Financial Times (www.ft.com) website. Stated data retrieved today, 18 Nov 2022.

Totally transparent isn't it? Boo is up and all is well. Boo is down and there's endless whingeing from the board police at how unfair the grand conspiracy all is.

These are the type who will hold on to an investment all the way down until its worthless. A little tindependent, honest thought is all it takes to not become one these sheep. It's a large flock but only capable of all bleating the same thing. Baaa-baa