Member Info for DC2007

How do you know what is or isn't priced in to the SP? Assuming for a minute you do, why not enlighten the board about why it's down 3/4 in a year.

Can't tell if the conflating-opinion-with statement-is intended or unwitted! It could be either; but neither's good.

Hardly. Trust is irrelevant for verifying some numbers in documents released by the company. Perspectives on what may then be inferred will vary.

They reported £50m debt at the interim results. Between the interims and the December update, the cash balance dropped by nearly £30m. Compared to the previous year, the cashflow - going into what should be their busiest period - is well down.

Spending £170m on HQ, Debs and other brands doesn't look good set against declining cashflow and increased costs. That chunk would have been enough to get a DC up and running in the US. I can't see earnings rushing in to fill the gap, and given they want to bring the US expansion forward, how else does it get paid for?

They need to say how they'll fund the US DC. Market is pricing in dilution of a rights-issue because they've spent unwisely on other things (Debenhams; HQ) and funding the US expansion now looks, consequently, suspect.

How is there no reason? Situation in Rus/Ukraine very different to when the market shut. This must take another wallop in the morning unless there's a sudden detent.

It's called reasoned criticism. So blinkered are you to believe since my only recent posts are Boo that I muat have it in for them — childishly simple thinking, repeatedly demonstrated. Probs near your bedtime anyway.

Ebitda a proxy for cash — bless, how quaint! Good luck with your investment mate (not short Boo btw).

Is Benji Max on the board? Not heard of him. Anyways mate, you're in a barrel of one with that echo chamber of yours.

How much does inventory cost for peak? Ebitda is prettified stuff. Look at the cash flow & cash position instead. Going into peak, they were weak & had already drawn down £50m of the revolver - only £50m headroom left. Christmas must've been underwhelming.

Crippled with debt, probably not. But they were short of cash going into peak and need to fund a US warehouse so conceivable they could be well into the revolver for the first time and might need to tap the capital markets. None of that looks good when the directors are getting free shares and have spent loads on a London HQ, all whilst the SP tanks.

Thanks!

The London HQ at a cost of £72m will do well to ever look sensible. It keeps coming to my mind again and again. Why spend so much buying, when they could have rented? They need funds to get a US warehouse up and running. Wouldn't be surprised if a rights-issue is around the corner. If that happens, it's a big sign those at the top got carried away and are not thinking like business owners anymore.

It's very likely this will twang new lows tomorrow the way the US has went this evening.

Yet less than 2 hours ago [1724] you said:

"For me, it's obvious because the share price continues to fall therefore that means poor results are expected for the end of year results due early March 2022.

If good results were expected then the share price would be rising."

Throughout 21, each time they forecast the EBITDA margin, they reduced it. 2021 was one long profit warning. Effectively competing in the US is near impossible until they have a distribution site there; that's gonna cost lots. They've spent money on a flashy HQ here; money buying tired failed brands; and all whilst their competitors stride ahead.

Boo has little intrinsic brand value to their typical customer who wants something new, immediately, and at the cheapest possible price. Boo compete on price and that had worked in the UK whilst they were amongst the first movers in a nascent market. Not any more. The kids have moved on to the next big thing; it was always gonna happen. Nothing sticky about Boo to keep them. Boo need to start winning back market share, quick or they could quickly shrink away to remnants picked over by the success of the moment.

Ah yes, the poster who insisted again and again that Boo were the bestus company ever, with the bestus most skilful management and were going to be worth £20bn and that was certain. Now they don't know if it'll go down or up and it's not now going to grow forever and ever! Did they ever apologise about all the dross they posted or retract any of it?

It's suspicious that they've not released anything, as if there's something to hide. Does anyone know why not, and when they're expected to next update the market?

What happened People? You were Boo's no.1 cheerleader and fan; said they were the best company ever; said buying and holding would make one very rich; said revenues were going to the moon! When did you change your mind?

Equities don't decline this much this fast without some serious underlying issue that private investors are not in on. Things like an ESG or accounting scandal or liquidity event just waiting to be revealed. Be ready to lose big, even from this level.

Where's PeoplePower (aka whatever latest handle) & their coterie to explain it all to those they sucked in? C'mon, let's hear ya!