Member Info for HereKittyKitty

I want to break free
I want to break free
I want to break free from naff press
You're so self-satisfied, I don't need you
I've got to break free
God knows, God knows I want to break free

It's strange but it's true, yeah
Today is for Bluehoo
God knows we all will break free

Steve 4800 average - I'm happy to wait as a solid business & 5500 achieved a few times pre results

These all came out today/yesterday:

- BERENBERG RAISES ASOS PRICE TARGET TO 5,900 (5,700) PENCE - 'BUY'
- Peel Hunt LLP Buy New Target 6,500.00
- JPMORGAN RAISES ASOS PRICE TARGET TO 5700
- HSBC 5700 TARGET

Think 4500 is bottom like 290 here

mcklondon agree there is vulnerability, as there is in any share, it's just the level.
Most gains are made taking a falling good stock through recovery.
I made a lot from Boohoos first big fall & recovery.
The 20% fall tells us there is an appetite for 400+ once everything settles.
We never predict the bottom but on a 20% drop with good fundamentals I can predict a rise.
Yes, there is risk which is why I sold out at the peak to minimise losses on my profit - just common sense.
Could it go further down? yes, it's a stock. But, it is getting into the 290-320 swing region where there is more data to support growth to 400 than there is a decline back to 210. It would take a fund pulling out to do that.
The joy of investing & adapting to a changing set of investment drivers.

Steve I think we have passed the pivot point of negativity now

Boohoo are doing this to

https://www.asosplc.com/~/media/Files/A/Asos-V2/documents/july-2020-factory-list.pdf

https://www.asosplc.com/corporate-responsibility/our-products/our-supply-chain

ASOS openly publish their audited suppliers

The bad news brigade of press seems to have given up now. There is far more serious news like US Elections, New Lockdowns/Covid spread, Unemployment/Economy, Brexit etc. I have a feeling they may be done now as they have extracted what they can from the report as news items. Come Mar 31 Full Year results Boohoo should be able to say all implemented, transparent supplier list, ethical sourcing & more growth from Autumn/Winter lockdown.

EXACTLY what happened Mar-Jul & why their numbers went through the roof

Just go on YouTube & search "Boohoo Haul" or "It's from Boohoo Baby"

It did well on many previous FTSE red days - almost like AIM want to say look we are ok

I put a post on earlier saying it looked like 325-331
Buying pressure is good today but the 320/325 sales need to be flushed out
A lot at 323-334

If you remember last lockdown Boohoo, ASOS & BWNG all did well as furlough let people spend. The new 77% package should have a similar effect.

Yep, US elections, more lockdowns, no Covid vaccine, no US stimulus, Brexit, rising unemployment, hospitality shutdowns - all not good. Anything online is the only decent investment for now although mining stocks doing great as are Pharma.

Good trend for Boohoo

Unsuited to new era? Fate of formal fashion hangs by a thread
https://www.lse.co.uk/news/ASC/insight-unsuited-to-new-era-fate-of-formal-fashion-hangs-by-a-thread-gvzaqphqxjz1wtq.html

- BERENBERG RAISES ASOS PRICE TARGET TO 5,900 (5,700) PENCE - 'BUY'
- Peel Hunt LLP Buy New Target 6,500.00
- JPMORGAN RAISES ASOS PRICE TARGET TO 5700
- HSBC 5700 TARGET

Today it will be known as Bluehoo

Whenever it is red like it is today, Boo has done ok

sellers & buyers equal as a few sellers with limit sells at 320 kicking in

ASOS bouncing to