Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Think this is the key part. Yes Boo is creating more own product compared to THG but THG includes a tech company where EBITDA margins are 5-12x higher. Madness to therefore have values the same, especially considering THG's global tangible assets.
This was as easy as it gets. Even IC was reporting revenues of late averaging £280k a day. This company is swiftly moving towards 100+.
https://vimeo.com/680809451/ef9f2b7abc also confirms partnership with Softbank business at 36 mins in.
Had to sell my entire BOO position of over £10k the other day because enough has been enough. BOO has had lots of opportunities to sort some items but have got it all wrong. I'm sure 100% return is there for them but see much more for THG so started to accumulate more. Let's bear in mind that if Ingenuity can achieve even £50m EBITDA (below targets for this year alone) that would be worth at least £1bn in US markets. So basically the company is only valued at a reasonable value for Ingenuity plus cash at the moment. That's before you consider globally strategic logistics, a whole host of other assets and efficiencies which will add significant value to a large, diversified business. Fair value should be near triple current valuation and will likely be reached within a year following results. I've spared a good chunk of cash for further discount as you never know what else can come next. One can only dream that they list in the US. Never list in the UK if you care about shareholder value.
If you want to do some comparisons, have a look at Superdry. A business in trouble, loss-making and declining revenues with a mcap half of revenue. Even the analysts are saying it should be up 50-100% more than it is. Oh no, BOO will only make around the same EBITDA it did last year! This business should be worth at least £2bn and if margins improve, £3-4bn. However, I have set a target price of around 78p as that will mean buying for £1bn. I'll take free money long-term anyday.
I've just ordered yesterday around midday and got my package a few hours ago. Actually pleasantly suprised to get 2 gym shirts, 1 overshirt and an aviator for £75 with even better quality than a bundled I did last year. The MAN active range is really good.
What are you on about? The last adjusted EPS was 8.89 so that is 21 P/E for current market cap. The H1 results were 3.84 adjusted EPS (a mere 5% drop compared to an exceptional year before) and that is before going into Christmas, which Boo will smash. I expect 9-10 EPS for full year so this share is ridiculously undervalued given it is growing, has a good cash balance and great IP and resources. I will continue to buy more.
And many of them are good quality. Just did a Boohoo man shop for just over £100:
- 4 full regular tracksuits
- 3 t-shirts
- Active gear tracksuit
It is incredibly comfy, a few threads may need a trim but the work is good. You'd normally spend £200+ for this. Will continue buying there myself!