Member Info for DC2007

Another 5% off this tomorrow. Tradey/Bdf will be swiftly along to explain & reassure the worried.

The prospect of turnaround looks minimal to me. It has all the hallmarks of a busted investment & a business that's been run into trouble.

Put it another way: suppose you'd never went long Boo but just had a significant windfall and were scanning the markets for a suitable investment. Compared to all the other equities on the LSE (or even a 4% return on cash), would you really think Boo was the best thing to buy?

It took longer than I thought to get to the teens. Well over a year ago when I first suggested it, & of course was hounded by Tradey for saying such things. Tradey also insisted dividends would gush forth in 25/26. Shame they're not here to explain themselves.

Now it's teens, I could even see this doing single figures later this year. Management have enriched themselves here, at the cost of retail investors. I expect those who hold to the endgame will get completely wiped out.

SP has been flashing red for ages – this is a failing business in some distress. That's what the SP is shouting at you.

It'll probably end with D4E / pre-pack or full admin or something equally disastrous for the small retail investors here on the board. Either complete wipeout or at best the recovery of a few pence in the pound.

Seen this sort of thing happen so many times on the markets. When you're invested in something, denial can be so blinding to all the signs that are obviously there.

Based on other retailers who've bothered to report, all signs point to Christmas at Boo having been appalling.

I'd expect yet more shrinking revenues and more excuses, for what is now a totally broken proposition that's lost the customer. The group should be broken up for salvage value whilst it's still possible.

Once Christmas trading is released to market, the SP might be skimming the teens.

This is on its way to going bust. Those results are awful. Getting out whilst you still can is the only sensible response.

No dividends here. Never.

This is failing the same way Boo is - revenue is evaporating because so is the core customer. Teens, 20s, 30s have all moved on an grown-up; and the newest cohort of these demographics are not interested in UK fast fashion.

All the positive noises and cooked 'adjusted' accounting metrics don't hide it unless you're too scared to look. Their customers, who were always likely to be a fickle, have gone to Shein, Temu & elsewhere.

Double-digit % declines in revenue are not compatible with an improving or even surviving business. That's before even thinking of inflation.

The trajectory is now very clear. This and stablemate Boo are headed for the rocks where MA will pick the bits he wants and small shareholders will be left with pennies in the pound at best.

Hoho, Panmure must have Boos they want rid of.

Small retail investors looking like they'll get turned over & lose most of their investment.

The underlying business appears to have lost all relevance with its core customer. Debenhams is a red herring & until they're transparent and specifically report its financial performance, it's fantasy to think of it as worth any more than book value.

I expect the SP will have intermittent strong surges as things play out. But ultimately travel is towards this being mostly in the hands of creditors and Mike. It means equity value will dwindle away to ~10p for us lot.

This will head for the teens soon following today's update. And tradey will still be complaining it's all shorts and manipulators! Fat dividends by 2026 too!

Writing has been on the wall for ages here. Shrinking core revenues are never explained; just like the expanding debt, eroding margins and disappearing cashflow. What a hopeless investment.

Mike will pick up the bits he wants for peanuts and small investors will end up with pennies in the pound.

:DDD tradey's prediction for 2026 is toast. Not forgetting he said there'd be juicy dividends too! Made a right mug of himself & his supposed expertise.

Vs. those lofty predictions, I'd even consider a bet the equity valuation approaching zero as more likely.

Results are awful. They're figures of a company that's shedding their core customers and clearly on the slide. They've had their day in the sun and it'd need miracles beyond their control to find those days again.

Thanks for sharing the IR email NMW1969. Silence speaks volumes. Christmas must have been poor.

Have Boo previously confirmed it's this Thursday?

I expect it'll continue the recent poor form and not be a good look for the market. Stellar performance from the likes of Next doesn't help either; there's just no excuse now, nowhere left to hide.

It's precarious to base an investment strategy on what MA is doing. Last investment I held where he accumulated a major interest (Debenhams) and descended into chaos as it circled admin. Inferring his intent, plan or expected return all based on public RNSs is a fools' errand & clutching at straws.

His growing involvement gives perhaps only one message to small PIs -- beware!

Yep, they don't have much moat as far as I can see. Although that in general applies to the cheaper end of the apparel market and perhaps even more to fast fashion. The operators in this sector have no unique products and little brand value to draw premia from sales. They compete on price. It's a race to the bottom, trimming already razor-thin margins. Comparable the supermarket sector these ways.

Today was a new step-change in the SP. I now see it settling in the mid-20s. That should be about as low as it'll go.

Upwards movement impossible whilst revenues are evaporating as quick as customers.

The market has zero belief in the proposition. Turning that around will need a few outsized wins to convince. Realistic earliest time that could now be is Summer 24. But only if they stop the rot on the financials.

Expect astrology might be offered as the latest explanation. All other excuses used up & worn out.

Already hit 27p according to another platform. Presume you've sunk in the 50k already?

One less excuse for Boo for results then. More market pressure on every element being spot on.

Under 30p a lot more likely than over 40p when results land next week; the market cuts them no slack.

Scope for ready excuses is much reduced, so It's the most crucial update in a couple of years. We'll find out if this business is viable long term or not.