Member Info for DC2007

Interims drop and this tanks 25%, bit like Asos. That lands it in the 20s. Extraordinary really. But overall it's expected. Bulls got a lotta explaining to do here.

Filtering is fine but a tad melodramatic, especially announcing it after.

Easiest to simply ignore. Not read a T4G post in ages: his agenda and dogma was so clear to render his incoherent, inconsistent ramblings worthless.

Did anyone see what happened to the UK on Friday? Look at the pound. Look at the markets. New administration happy to play roulette with the mainstream economy & throw a few fish to the already rich.

Winter 22/3 has disaster written all over it. Expect crisis in the real economy & mass sell off in the markets. Deniers and deluded will think magic Boo immune. More fool them.

Yes.

If The Times' £34m is EBOOTDA and not real earnings – very hard to believe it's earnings – then the SP gonna be toast. Would bust any credence for their annual guidance of £125m. See that having to be revised down.

Minting new lows for the SP much likelier this week than the start of any reversal. Intriguing for Wednesday tho – day of reckoning coming up I think.

If that's your conviction and you see such limited down side, it'd only really make sense as a conclusion to put everything you can into it.

It's almost like you don't need to bother waiting for the future when you already know what'll happen.

10/10 Barclays.

Shorts at record level heading into HY update doesn't bode well at all for the Boo. I think next week the shorts will be proved right and the longs left counting their losses, again. Expect debt to be up again, by another £50m or so and lots of tepid excuses about the wrong weather and additional public holiday (RIP ER2) depressing consumer appetite.

Budget tomorrow is a red herring; BoE bottled a proper rise today; UK economy pain is going to go longer and longer because of these bungles. BoD need to conserve resources to ensure survival so that when the external environment improves, Boo still exists and can flourish again. Next 12 months is a real narrow path to walk for fledgling businesses.

Did it ever close in the 30s yet? Maybe the mpc saves the day if they lose their bottle. But if not and they're hawkish like the Fed or more, hard to see this hanging on to 40s.

A realistic assessment of the company and economic situation.

Oh dear! At least T4G can spend time feverishly reporting the Gridian for now instead of people here. Always look on the bright side.

Er, 2023 is expected to be four quarters of recession

By definition, that means there's no growth at all expected all year, but it's opposite – decay. That's what a recession is.

Nothing has really been fixed at all. The problem has merely been squashed into a different form. Government is trying to avoid mass population default on bills, food insecurity bust businesses, and the possible civil unrest and rioting which could follow in response.

It defers the pain & problems to a later time only. Very facile but expected interpretation en-masse is that things will now go back to normal (much mindless purchase of things not needed, that can't be afforded, paid for with magical expensive credit that might never be recouped - what an economy!).

Economics from the Daily Diana...sorry I mean Express. Oh dear oh dear!

I think shorters expect this to bomb on results and that's why they're waiting to buy back.

It's worth keeping the positions open - even after an already sustained fall in the SP - because another 30-50% is still to be made from here if results miss expectations. Results have to be spot on just for the market to stay steady.

For a sharp rally, results would need to be really special. Because the chances of that are almost nil, shorts are comfortable holding even at this level: there's close to zero risk of big downside, and simultaneously a decent chance of another chunky upside.

Decent thinking that 55555. Expect the usual suspects to not cope well with it — non-sequitur retorts will be incoming.

Divi in 26 now? Was 24, then 25. How much?

Divi always seemed to be 2-3 yrs from present time. Can't go wrong with that.

Wrong again SCB! Adjusted PBT now expected in the range £9-43m. They've explicitly said so in an RNS. £60m adjusted PBT is gone; they've taken that off the table as something that's not going to happen.

No wonder some on here bungle so much - can't even comprehend an RNS of a few sentences without mangling it to suit predetermined fancies.

The ASC update is new information.

They cite accelerating inflation as a cause of weaker than expected sales in August. They've reiterated that they're cautious about the outlook for consumer spending.

Boo are not gonna have some magic shield from both of these two macroeconomic factors which, as the ASC update alludes to, are expected to persist and possibly worsen.

I like to let Occam's razor do its good work: very inventive cognitive gymnastics are otherwise needed to conclude that Boo's sales won't have decreased similarly in August. This is an indicator, with tangible evidence, that Boo results are becoming more likely to land in the lower end of previously stated ranges.

If that's the entirety of your insight about inflation, income, and consumer demand, it suggests you need to resit Economics 101 and try a lot harder next time.

Your amusement is likely to be hasty: BOO is going to be exposed to similar issues to ABF. And Boo is a much smaller, less established company that will be more vulnerable to some of what ABF noted.

In answer to the question, yes – the economic situation deteriorated today again and the storm is becoming more perfect.

Tomorrow's retail rally will be driven by retail PIs being mugs. Smart money will be no where near because the bull has to run out of steam when both investors come to their senses, and consumers realise that the economic problems gathering now play out over years, not a few weeks.

The Truss fund announced tomorrow could easily make this more worse, rather than about the same worse, and let alone better. Notwithstanding that it's contrary to her basis for winning the leadership (no handouts, no QE/helicopter money), it's egregious short-termism that must be paid for and more in subsequent years.

The market action tomorrow might prove in microcosm an apt insight into the mind of the UK investor. It will surely foreshadow the unappealing path which follows: jam tomorrow, so much jam; followed then nothing, for maybe years.

To gorge or not to gorge? That is the question.