Member Info for HeadingNorth

It's a waste of time and effort, and you won't gain anything and it won't change the system for the better. Just look at the damage done by Carrilion going bankrupt a few years back with millions of people affected (me included on a large scale). It's just the risks we take as shareholders.

Still strong buying, or maybe some shorts are closing off, but I'm sure they'll be back to shorting again, rinse & repeat.

Gearing up for a big placing soon I reckon ! I think I'll wait until after a placing to reconsider buying more here.

All online clothing retailers should be giving customers a very small number of free returns (maybe 1 or 2 items per month) and small charges thereafter, but most of all, they need to look seriously at introducing higher charges or even blacklisting customers who have unusually large numbers of returns and time limiting returns to avoid very late returns, and this will help massively stop abuse by customers using clothes for short periods and returning continuously cycling their wardrobe at the cost of online retailers.

Glad I sold out most of my small position here yesterday !

https://youtu.be/yTMXteZokXs

My thought is, I'm glad the shorts are burning badly at the moment. There must be some massive hidden buying trades going through at the moment. We might see them reported after hours or as delayed trades over next few days.

Citadel Securities GP LLC (in Chicago) had to declare they crossed a threshold for reporting the fact they purchased roughly £30million worth of shares on 1st July.

This is way below the last share placing which put them in a very strong position financially now, so just had buy in today, but how nice of the money markets to show my £6K as a sell ! Their playing games still, this is likely to recoil very strong soon.

No they are not. Why not ? Maybe they know solutions will be found, and it just takes time to implement.

3p sell. Ouch !

What a shocker of a day. Never expected anywhere near this level even with today's news ! So I had to load up my portfolio with quite a few of these today as it was way below my target buy in price, and it would be rude not too ;-). Can't believe this is back to 2010 share price range. This will most likely bounce back very hard in the near future.

2 years on and BooHoo still haven't cleaned up their supply chain. This latest report is gonna hurt them, and couldn't come at a worse time when retailers are struggling as we edge closer to recession !

https://www.google.co.uk/amp/s/amp.theguardian.com/uk-news/2022/jun/13/poor-working-conditions-persist-in-leicester-garment-factories-finds-survey

With gross profit of £354,000 but an increased overspend of £562,000 on marketing & sales (now totalling circa £3.1m), it's loss leading, so they are going to need a lot more investment from somewhere to fund their growth and the new job roles, placements diluting shareholders is highly likely, so I can see why this is tanking.

This company & share price have taken a real battering under the appalling leadership of Mark & Harry, not to mention the damage done by the scandalous Neil Woodford.

Glad I sold out ages ago, but sadly even with new leadership it could take a couple of years to bed in new culture, and get real meaningful change to help the share price recover. Good luck to anyone still holding here.

https://www.itv.com/news/utv/2022-06-09/couple-whose-holiday-ruined-by-flight-delays-vow-to-never-book-with-tui-again

Oh dear TUI ...
https://www.manchestereveningnews.co.uk/news/greater-manchester-news/family-miss-15k-holiday-after-24166285.amp

https://www.thesun.co.uk/travel/18830289/tui-cancelled-holidays-june-update/amp/

Every time they do this, the fines and added costs keep rising against TUI !

Can sell on HL, but cannot buy more right now. Suggests they are shirt on shares to meet buying demand again. Should pop soon with a nice rise hopefully.

More woke nonsense...
https://www-birminghammail-co-uk.cdn.ampproject.org/v/s/www.birminghammail.co.uk/news/midlands-news/tui-introduces-new-controversial-ban-24086764.amp?amp_gsa=1&_js_v=a9&usqp=mq331AQIKAGwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=16540107959798&csi=0&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.birminghammail.co.uk%2Fnews%2Fmidlands-news%2Ftui-introduces-new-controversial-ban-24086764

All that borrowing to leverage investment (gearing as they call it) has really come back to bite them in the rear end now things are not going so well globally. It sounds as risky as CFD trading.