RE: Is it time to sell?30 Aug 2020 18:58
Quite simply boohoo (pretty little thing) that we now own 100% of is flying like no tomorrow. Any new lockdowns we fly more high street dies (if it hasn’t already) the economy opens up more - holidays/nightlife flys - we fly. I speak to fathers at the gym about retail - they say all their daughters get deliveries of are pink bags (plt). Unis go back, student loans come in where does the money get spent? Booho. I speak to female friends again same thing....plt always have a deal, promotion, misguided etc too expensive and slow. A few of my female friends work for retailers - Harvey nichs, river island, Dorothy p. Where do they desperately want jobs....boohoo. The online influences (as we saw with missguided tv and Molly) where did they want the contract - plt. What is in the paper every day - another A to Z celeb in plt/boohoo then plastered over social media.
The guardian article got zero online traction.
Say whatever you want about short term fluctuations and newspapers trying to aid their own publicity through the phenomenon that is boohoo but boohoo share price will just rise and rise and sales grow and grow.
I guess this is why the board has been so popular with the non invested this weekend.