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Indeed good luck!
Hope to see you all in the chat again
Without being rude. Why did you do this? Dark is going up and ONT is going down. ONT is at best a 5 year investment. Dark could hit £11/12 easy this year.
Dark being dark I expect, nothing new has come on my radar. End of week tomorrow, maybe someone's filling their books ahead of a new high (I'm expecting this).
Quick and easy flip based on the info. Once this hits FTSE 100 we're flying.
H
I am confident of this.
I'm wondering the same. Google isn't always correct, HL and LSE are showing the same for EoD (904 or whatever)
You've left the party early! It's getting bigger I think.
Previous high of £10. The company stands much better than it did previously. FTSE 100 possibly, upped valuation, higher revenue expected.
£11-12 is my target.
DYOR as I'm often wrong. Sold out early previously and missed out!
Is a bargain. This will be back over £10 and hopefully a few quid more in the coming weeks. IMO, check the charts. DYOR obviously.
Always happy to see reports like this front and center.
BBC News - UK cyber head says Russia responsible for 'devastating' ransomware attacks
https://www.bbc.co.uk/news/uk-58877433
Not sure if this is accurate or cyber related yet but there are obviously issues behind the scenes at some large multinationals
BBC News - Twitch blames server error for massive data leak
https://www.bbc.co.uk/news/technology-58829604
I can't see this hitting low 700s again...
Obviously my opinion through rose tinted glasses, fingers crossed and a shrine to Poppy. But seriously I'm thinking the price right now is low. The powers that be are pulling this up to the FTSE 100 and I hope it will stay 900+ consistently.
DYOR
IMO they're in trouble, but v tempting with this price and their range of brands. Their diversity in fashion could be a saver for them. I'm going to wait and see!
Just seen this list of negs by a guy on the Boohoo channel (not my work);
Negative factors listToday 16:10
Am I missing any negative factors list at the moment?
1. Warehouse worker costs increase
2. Delivery worker cost increase
3. Raw material cost increase
4. Manufacturing cost incrase
5. Logistics cost increase
6. Shops opening, footfall increase and pandemic resolving
7. Online Competition growing, like Shein and Next etc
8. Website traffic falling
9. Delivery times increasing
10. Customer getting frustrated with delivery times
11. Returns increasing due to more formals being sold rather than casuals
12. Cost of living climbing up with inflation also because people now have to travel back to work
13. No more Furlough money for core Boohoo shopper
14. Boohoo capital stuck in London office buildings
15. No money for Warehouses for a numbers of years
16. Warehouse prices increasing all the time
17. Competition in retail shops prices decreasing all the time
18. ESG concerns
19. Court cases in USA for fraudulent marketing
20. Related party transactions in PLT
21. Promotors sold 150m worth share at 285p and are not buying back, hence not showing any confidence in the stock
22. Promotors might as well trash the share 90% from here and buy back a reasonably valued business for 200-300m and take it private. There is no hope for them to reach their bonus target now of 600p+
Apologies for crossing channels but is anyone else here looking into Boohoo?!
Claire, is this your bag?
Seems cheap but I'm no expert, shopping season coming up..
What the weather like in Dreamland?
Conditions are getting worse, we will see lower before Xmas.
I DO hope to buy in, mega stock but possibly the worst combination of negatives effecting the industry.
GLA
The only person talking sense here is Pedro. Too many holding onto shares and claiming to buy in. Their issues are not going away and are far from over.
I don't hold and have never held however £1.60 is my buy mark.
GLA
Issue is this means v little. Autobuys are adjusted constantly by different Buyers. Same as sells.
780 seems v cheap considering we hit 1000. Topped up at 800 (where I sold before, doh!)
Happy if it went lower...
GLA
I assume this is was posted in error?!
Hi all,
I sold some at 800 and again at 850. Still got half.
I also am thinking about the retrace however we've crossed a boundary it seems and may not drop below 800 again? Like Charles I may have to buy back in! Long term hold for sure, wish I didn't try and 'beat the market' last week!
GLA, 1000 tomorrow, next week?
'Cheerful Charlie' is it 1-1 with Max 'Doom' now? He's been quiet recently...
Thx