RE: Painful4 Mar 2019 22:05
Just being realistic any news updates director buys etc will of course be held back until the new ceo starts in a week or so I think it is so likely to be down/held here, the lower the share price when he starts the better for him.
Umar is actually great for boohoo (plt) what he does from a social media perspective, networking with the a listers makes plt the brand it now is and sells. Boohoo nails on social media!
Boohoo is cheap, it’s cheap fast fashion, that’s it’s market. Asos is more about brands/outlet hence why it’s margins are so low, have been told a few things from those with a bit of an inside track/workings with Asos but a great trading share just wouldn’t dare hold into results over there in a couple of weeks.
Boohoo for me is the better long term hold and still a great trading share too. I wonder what we may see that stack of cash being spent on....