Member Info for HereKittyKitty

We all know lockdown has been VERY good for Boohoo. With Furlough support & now the new scheme people love to spend in lockdown. New lockdowns are imminent. Good news for online.

Unemployment is rising, especially in the younger age groups that Boo cater for. Money will be getting tighter.

Christmas & Black Friday are all coming which is great for Boo, but also in their own results presentation they gave caution due to the Christmas Part season probably declining due to lockdown. Sales follow & everyone likes a bargain!

What do folks think Oct- Jan will bring with all these dynamics in play for Boohoo?

I've emailed Investor Relations & Marketing many times since results about taking legal action on Shadowfall, replying to media etc but never hear anything back.

I had 14 news articles in my inbox this morning around all this which is a new record. I won’t post but just google boohoo & select news last 24 hours. Media been very busy overnight.

SF while I agree on short term volatility the report gives a 6 month target & from the results presentation I fully believe that come 3-6 months by full year results this will all be cleaned up. Yes next 1-3 months will be unstable with endless media attacks but come Mar 31st I can’t see why this won’t be 450+ if they do what was recommend & they said they have committed to.

I agree in 3-6 months cleaned up this will be easily worth 450/500 and beyond.

Should be worth day trading Boohoo for sure

Ha Ha very good

234 pages of “boohoo is clean” - have you read it - I did fully today - let’s be honest here as this is in black & white giving the media months of articles. I still think Boohoo are being made the scapegoat but some of the stuff they knew is pretty indefensible. Net is they need 3-6 months to clean it up, as per recommendations at end, then they will be “clean”.

https://www.boohooplc.com/sites/boohoo-corp/files/final-report-open-version-24.9.2020.pdf

FT joined in

A number of European countries are drafting laws that would hold companies liable for human rights breaches in their supply chains, unless they can show they undertook reasonable due diligence to prevent them.

https://www.ft.com/content/937ce3c6-877b-4c76-9087-352613371730

Guilty as charged lol

wyndrum No I don't. Know the concept but never done it. I guess being an optimist I always look for the positive growth & just stay away if there isn't any.

ASOS had nice rally on close. Let's hope it raises Boo tomorrow.
BTW I've never shorted a stock in my life.

No just shows somebody confident.

13-Oct-20 16:42:12 335.1118 230,000 Buy* 331.40 331.90 770.76k O
13-Oct-20 16:36:08 332.2324 116,104 Buy* 331.40 331.90 385.74k O

Lmeng10 - I think that one company publishing good results with a clean supply chain helps another that has already published its results with the press all over its unmanaged Wild West supply chain - I think thats it. Like Top Trumps.

Good luck tomorrow AM All

Good article

Profit taking before RNS tomorrow
If it goes down then apparently BOO will copy according to experts on here

Let's see what the Guardian drop around 4-6pm today

325/326 re test inbound - if that holds 32x a good day trade buy for 34x