Member Info for HereKittyKitty

Predicting 20-25 years out is impossible

5-10 years ago would you have predicted Global Pandemic, Arcadia failure, Oil price crash, Trump president, U.K. leaves EU etc

I guess you correctly predicted Blockbuster, Kodak, Nokia, Yahoo, Blackberry, MySpace, Motorola, Palm, Radio Shack, PanAm, Sony Walkman, Google Glass, Netscape, Toys R Us, HMV, Compaq, Enron, Clinton Cards, AOL, Ericsson, Nortel .. etc all being 100 baggers, because in their day they would have been seen as such, but are no more

There is absoloutely nothing stopping Amazon, Alibaba, Shein, ASOS or another wiping them out in 5-10 years

Short term we only need 2-4 more lockdowns with new variants, mutations with no vaccine, Covid-22 etc creating mass unemployment & recession and in 2-3 years it could fall apart, a stock market reset/crash or the world goes plastic on fast fashion, US creates its own BOO as China has with Shein then demand drops, EU/US restrictions or high costs ... loads can happen we cannot predict but are visible possibilities

I don't want it - but history teaches a lot & we have to learn & adapt

BOO should be worth more today for sure - no question there but I'm not planning for a sale @ 3330p as I'm enjoying my life today. Goals of 1-3 years are more realistic then reevaluate. There will be many more growth stocks out there. I personally think BOO "could" be 2x from here in 2-3 years, all being well.

PP1

"Maersk, the world’s largest container shipping company, said nine of its ships and two partner vessels were held up by the blockage.

Ranjith Raja, an analyst with financial services data firm Refinitiv, said more than 206 ships were waiting on either side of the canal to transit."

is literally a cut & paste from FT

Every time it pushes up, L2 gets flooded on sell side - typical shorting pattern

Top up on the lows is my strategy

PP1 reiterated target price of 3330p

Everything is in constant change - adapt to situations

I still believe BOO should be over 450 but it isn't so I adapt to why & learn

Things don't happen in stocks because we think they should or its right, it moves on market sentiment which you can sit & wait to come to your way of thinking or move with it

https://londonlovesbusiness.com/boohoo-pulls-its-socks-up-again/

“Boohoo is by no means a perfect business following these actions. There is still the fundamental issue that its business model facilitates waste – low pricing points means customers often buy a dress, wear it once and then chuck it.

“There is also the issue that Boohoo faces the possibility of a US import ban relating to labour issues in its supply chain. The company previously said it wasn’t aware of an investigation, but from the market’s perspective this remains a live risk."

streets36 shhhhh you're only allowed one view on this BB I'm told

I was hoping to get more at 0.90 but looks like it is indeed pushing back up nicely - oh well cant be too greedy

I just posted Guardian article from 40 mims ago

but

25-Mar-21 10:17:49 336.08188 100,000 Buy* 335.30 335.80 336.08k

Decent coverage by BBC

https://www.bbc.co.uk/news/uk-england-leicestershire-56521738

Boohoo severs ties with hundreds of UK manufacturers after critical review

https://www.theguardian.com/business/2021/mar/25/boohoo-severs-ties-with-hundreds-of-uk-manufacturers-after-critical-review

"The company is now attempting to avoid over-ordering from suppliers, which can lead to them outsourcing work to un-checked subcontractors"

Im quite strict which really removes emotion - set you buy limits & don't get emotionally involved if you miss them - I've had many that didn't quite trigger that I missed but many more I've benefited from being patient. If you think 80 is a good average down then set it & leave it. If it bounces off 0.81 oh well & if it drops to 0.70 it will come back in time. Near impossible to pick top & bottom so I set ranges to buy & sell to eliminate emotion.

Just bought some and it showed as a sell

Ive had that on big trades - will appear after End of Day

Excellent Boohoo have achieved this - well done to them

My guess now is the Guardian will scour this with a fine tooth comb & try & find a dodgy one but as long as BOO have got it solid all will be good as if they did uncover another it would be Armageddon again

Yep typo on day ha ha fat fingers on phone

* partners

I have 2 accounts in me & parents names so we get 24,600 tax free CG each year - simply sell the shares April 4th & buy back 5th to use. Also ISA use the 2x20k allowance each year & trade freely with that as no tax reporting required. This is typically why shares drop a bit around Tax times as people using allowances on mass.

Likewise report PP1 who has blatantly declared their position of ramping for self gain - I’ve had a few taken down for false misleading & self serving