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Not sure mate. I get it through my broker.

Even if you just consider the Debenham brands/revenue ...

Obviously Debenhams deteriorated ... but with BH looking to revitalise ... it could well end up quite tasty.

MCAP in Aug 2016 - USD 945
MCAP in Aug 2017 - USD 626
MCAP in Aug 2018 - USD 209

Data from Guru Focus.

No doubt short term headwinds.

BUT it doesn't appear the market is even pricing in the new portfolio acquired.

Just reading the report ...

Upside case 5.00
Downside case 1.30

PT 3.95

we believe BH has a differentiated cash generative model that delivers strong growth and impressive underlying operating leverage.

Point to note, pre acquisition debenhams had 19m customers, 400 million online sales, 6m beauty shoppers.

One example of how BH have successfully integrated a brand is Karen Millen.

Had 400 styles when acquired 2 years ago ... now over 4k..

In total, the brands had pre acquisition revenues of 2.7 bn.

South Africa's Omicron outbreak slows, figures suggest https://www.dailymail.co.uk/news/article-10299773/South-Africas-Omicron-outbreak-slows-figures-suggest.html?ito=native_share_article-top

Love those videos. Very funny

https://youtu.be/m2vI4XczqZ8

Dr. John Campbell update today.

Came across this ...

https://youtu.be/Qn20WxoV31Y

Spectator.

I'm pretty sure London school of hygiene got cash from gates foundation.

https://www.gatesfoundation.org/ideas/media-center/press-releases/2000/07/london-school-of-hygiene-tropical-medicine

that's also very kind mate ... all the best.

Again, it's not day 1 of Covid ... we have data, we are going to get new strains ... that is a given, we have developed what we believe to be good vaccines, but even as per the cold each year which has 1000s of strains, we develop a few vaccines which are based on our best guess which strains will be the most prevalent, its hit and miss ... some years we manage to avoid a bad winter, and others we get higher hospitalisations.

The issue with asking the scientists is that they are looking at it from a point of view of stopping the spread, and zero input with regards to the economy.

You might think you are protecting people, but what about all those who are dying from drug overdoses, loneliness, alcohol, cancer ... imo ... I feel as though the lockdowns are more harm than good.

Swedens death per capita is smaller than the UK, and they didn't have lockdowns or masks.

I know its a complexed issue, but we have to be brave, and allow people to decide what risks they are willing to take.

If this was a real pandemic, people would not be out waiting for Primark to open or going to order their eggs benedict on a SSunday morning, they would be genuinely scared.

yes mate, ultimately it has to be a good product, so fingers crossed and see what the oil is like.

https://www.zerohedge.com/covid-19/only-1-american-has-been-hospitalized-omicron-variant-spreads-22-states

Hes covering his backside ...

imo ... there is one thing to "protect the nations security and health" its another forgetting about all the other illnesses that take place each and every year, its another thing self inflicting these wounds into the economic fabric of society.

There has to be balance, i'm pretty sure we didn't even use the Nightingale Hospitals at the height of Covid.

This is not Covid day 1, after the first lockdown we should have changed policy, vaccinate the elderly and the vulnerable, and then offer the vaccine to those who want it, otherwise allow individuals the ability to make their own judgement call.

We have turned into a Nanny state, and this is fundamentally about changing the narrative, the way in which you would change the narrative after the Afghanistan debacle.

You can't keep just doing the same thing and expect a different outcome.

This could go on for years in that instance, flying, bars, pubs, clubs ... joe bloggs ... everyone has done what they have been asked ... and here we are again ...

Look at DeSantis in Florida, that's leadership. Hes thinking about peoples lively hoods, businesses.

He looks at the actual data.

in Boris position ... I don't pretend its easy, but same time you have to lead.

Packaging I thought was standard, bottle has a good weight/ feel to it, I think the presentation looks clean and I like the pipette mechanism.

The proof is in the pudding ... but if I saw that in House of Frasers i'd be interested, all it would need is marketing and influencers/ reviews to let me know that the product is good.

https://www.zerohedge.com/covid-19/only-1-american-has-been-hospitalized-omicron-variant-spreads-22-states

daily mail also saying "Government scientists warn Omicron could lead to MORE hospitalisations than last winter and kill up to 75,000 people over the next five months unless tougher restrictions are brought in such as banning pubs from serving inside"

I genuinely think people don't care anymore ... need to get on with living. Biggest obstacle we have is the Government.

Do you think they might reinstate furlough? funny how all of this happens after COP 26.

From South africa ... you'd never know it existed, not much in terms of headlines.

https://www.timeslive.co.za/

Lazy journalism. in Barc latest valuation takes into account the ESG concerns for example ... thus the move lower in the PT to 3.50.

Even market jitters in general isn't helping, but ultimately this more violent pull down is a short attack.

Does the UK economy move into a period of contraction ... I don't see any support for those parts in travel/ hospitality that may have been hurt by the rece t changing of the landscape yet again.

In saying that ... with inflation where it is ... I still think money managers and PIs want there cash in equities, not sure anywhere else to place it at the moment.

Looking at long term yields, over 5 years ... yield curve doesn't seem to think inflation will be a problem.

I think this Omicron is a way to slow down inflation, or at least dirty waters on rate rises.

Just general market anxiety ... if inflation is a concern, which we can all see, if you have less cash in your pocket, then I'd expect boohoo/ primark etc to have higher volumes as you want your money to go further.

Margins may well be compressed, but if volume is generally up then could be a surprise to the upside, at least I'm buying when the market is fearful ... I've left a chunk incase we get to the 1.35 range ... as a safety net. Boohoo isn't going to disappear .. its a company that's grown substantially since 2017, never know they have good ties to middle East... Arab money on board via a wealth fund or family office.

added a few more to the pot.

Omicron situation ... is this being designed to dampen the inflation story? The fed really doesn't want to raise rates. They need growth to do that.

Even 2% is a lot for them now.