Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That was a very poor attempt to spread FUD, Pipe. I score that one 0/5. Please try harder next time.
Brilliant result. Not a cash pay out either, the payment is in vouchers towards future purchases.
And if you sold out then why are you still posting here?
Not a ramp at all. It was a snippet taken from Next’s year end results that were published today.
Next believe the BOO business model will prosper going forward.
“In the last five years the competitive environment has changed beyond recognition. Online aggregators, websites that sell many different third-party brands, have become increasingly important; while many businesses, that seemed part of an immutable retail landscape, have all but disappeared.”
“As time goes on, it appears likely that there will be a greater number of brands, with wider geographical reach, served by a smaller number of aggregators”
https://www.***************************/boohoo-group-trading-in-the-uk-remains-resilient-says-zeus-capital/4121056718
“The Group remains on track with plans for a US warehouse, to go live in Summer 2023. There was a pleasing return to growth in ROW driven by wholesale demand, including Alshaya which operates the Debenhams brand across the Middle East. Wholesale presents an attractive growth channel for the Group, particularly in markets that are more challenging to serve.”
I would imagine that we’ll see a reduction in the shorts position later on today due to the massive trades after hours yesterday.
The shorts are also continuing to reduce.
https://shorttracker.co.uk/company/JE00BG6L7297/
This is a low cost clothes retailer with no bricks and mortar shops. Personally I think these current times could lead to more opportunities for the business. The market sentiment is fully against retailers at the moment.
Or not:
“Sources close to the family refuted the rumours.“
I emailed IR and they have confirmed that the results are due in March. Exact date TBC.
Correct me if I’m wrong but didn’t they purchase the remaining 34% for £269 million after buying 66% for £3.3 million in 2016 - so just over £272 million in total for it all?
Continued first thing short attack. Give it a few hours and we’ll be aligned with the general market again.
Schools in my area (Cambridgeshire) are now pushing for masks and social distance due to the rapidly raising cases in the area. This is before we even get into the colder months.
I think this company is in for a very busy winter.
From Trading212 support:
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