Member Info for HereKittyKitty

And it has dropped from Jun 2017 as they are no achieving forward looking growth - chart states the facts as measured by actual growth outlining re priced forward growth

So what do you thing the forward P/E should be for 21 to 2025?

How have the not put out a news RNS on this

I’m interested if anyone thinks it should be 60x P/E
I mean for this to hit 400p the P/E will have to be 73x
Simple maths
So is BOO worth a higher P/E than Amazon & all the above?
Tomorrow’s numbers may get a re rate if 60x isn’t deserved on future forecasts

The markets will decide - simple

I’m totally open & transparent on BOO as been in & out loads over the last 12 months - always said overpriced to buy over 330 & I only buy sub 300 - I currently don’t hold any but have had significant holdings many times in 2020/21 - I’m quite open - I’ll buy below 300 & I’ll sell over 350 but 330 is a gamble as history has proven many times

At 40x revenue like ASOS BOO M/Cap would be 2.915B vs the current 4.127B taking 29% off valuation so the new growth numbers need to show they are worth 60x

P/E Ratios of bigger global brands:

Amazon 66x
Alibaba 38x
Apple 20x
ASOS 40x
Microsoft 34x
Facebook 25x
eBay 18x
Samsung 16x

Boohoo is 60x @ 330

Yet in 3 years ASOS is down 22% showing it’s all about buying at the right time

ASOS was 5788 before excellent results on 8th and 3.5 weeks later it’s now 5228 touching 5102 so near 10% down & results were excellent but like BOO they had been spending a lot - this could swing 300 to 370

GL - can’t call this but my gut says a rise into 350-370 range tomorrow then a retrace to 330-350 in the following week but it’s too risky to buy in on the renowned 330 pivot - anyone who bought sub 310 should be very safe but while I think we might see a 6-12% rise tomorrow it’s not worth the risk for potential drop - later today will tell as L2 has 3x sell depth over buys & if good news had leaked it would be rising already. Think all the spending will be what’s holding it back but I’m sure they will exceed growth forecast - GL

Boohoo is ready to party but investors may not be as keen

https://www.theguardian.com/business/2021/may/02/boohoo-ready-to-party-investors-may-not-be-as-keen

ASI to shut impact fund embroiled in Boohoo scandal

https://portfolio-adviser.com/revealed-asi-to-shut-impact-fund-embroiled-in-boohoo-scandal/

PP1 I’ll be blunt
I used to really like you
It’s the preachyness that puts people off incl me

..... and just a predicted

‘Boom time for Boohoo’ as online retailer to unveil soaring lockdown sales

https://m.belfasttelegraph.co.uk/business/uk-world/boom-time-for-boohoo-as-online-retailer-to-unveil-soaring-lockdown-sales-40373984.html

Reminds me when Amazon went public & everyone said eCommerce was just a buzzword

London IPO: Darktrace shares surge 40 per cent on market debut

https://www.cityam.com/london-ipo-darktrace-prices-shares-at-250p-as-it-aims-for-1-7bn-market-capitalisation/

Anyway don’t really care about working there - I’m only interested in sales & SP

I’ve worked in loads of successful companies who’s reviews say this - rare somebody makes an effort to put up a positive review but whiners will always do so with a grudge to bear