Member Info for HereKittyKitty

So the H1 update could say:

- Online growth rocketed in lockdowns globally
- US growth rapidly accelerated
- Middle East operational & growing rapidly
- Australia seeing big growth
- New brands re launched & growing, looking to acquire more
- Taking lead on cleaning up textiles in UK with new Super Factory
- Celebrity endorsements & social media growth
- Exceeded overall target growth of 25% with increased net profit

Very exciting times.

You may be right!

"More than $1 in every $5 was spent online in Q2 2020–the highest ecommerce penetration of any quarter or year on record."
https://www.digitalcommerce360.com/article/quarterly-online-sales/

This could be very interesting.

Fair point. I was going on the Q1 update as they had achieved 45% then & Q2 should be stronger due to lockdowns.
https://www.lse.co.uk/rns/BOO/trading-update-uhsnkxmsiqf0enl.html

I also found a summary of analyst estimates that agree with my thoughts but don't know how reliable they are
https://www.marketscreener.com/quote/stock/BOOHOO-GROUP-PLC-16023307/consensus/
Is there a recommended analyst for Boohoo Group?

I have been looking at the numbers & think 480 is a reasonable target for 6 months time, with an interim SP on 400 approx come Sept 30.

If you look at 2016-2020 numbers they grow 44% to 97% every year without fail.
In 2020 they did 1.234B revenue generating 91M profit.
Extrapolate the growth at 50% (they guide 25% but 44% is the lowest they've done & lets face it Covid will be 50-100%) so a conservative 50% puts Feb 2021 @ 1.85B revenue with 135M profit!
Current Market Cap is 4B would be 6B giving a 480 SP

Compare ASOS who did 2.73B revenue with only 35M profit & now have a 5B Market Cap

Boohoo looks more interesting as multiple brands, better worldwide presence & higher profit than ASOS.
Also through Social media & celebrity endorsements they seem to have better momentum
ASOS is 'only' growing at 13% - 19%

What do you think? Have I missed anything? If they already achieved 433 before the scandal then the 400-480 range seems perfectly achievable based one the above data?

So from this it looks like a 50% gain is achievable in 6 months?

No. My daily trade only worked a few times. Not sure there will be any more patterns now with all the positive news from Middle East, Australia etc. Retail data looking very strong for positive news on 30th September. I think wyndrum's 319/328 stages he predicted yesterday may well be correct.

And here they come again - good sign?

16-Sep-20 08:25:17 319.00 50,000 Buy* 318.10 318.90 159.50k

Did anybody see these delayed buys today? 3 buys for 1.35M! Does somebody know something? All 313.399 so likely same buyer? A Fund?

15 Sep-20 17:21:53 313.399 85,126 Buy* 266.78k 15-Sep-20 17:18:38 313.399 33,429 Buy* 104.77k
15-Sep-20 17:18:38 313.399 313,360 Buy* 982.07k

That’s +38% from here then back to 433 - why are people not rushing in?

Nice find

https://www.investingcube.com/boohoo-share-price-sparks-higher-on-new-look-acquisition-rumours/

That is very good information. The only concern I'd have is that their share price is 70% down since that happened? but good find.

All the Market Maker Brokers are selling at 326.1 to 327.1

326.1 5,000 STFL 09:14
326.2 5,000 PEEL 10:15
326.4 5,000 JBER 10:18
326.6 5,000 INV. 10:18
326.6 5,000 NUMS 10:18
326.6 5,000 JEFF 10:18
326.6 5,000 PMUR 10:18
326.6 10,000 SING 10:18
326.6 5,000 CANA 10:18
327 10,000 LIBC 09:49
327.1 5,000 SCAP 08:58

boohoo.com arrives in the Middle East http://tradearabia.com/news/LIFE_372732.html
After steveknowsnothin post earlier in Australia it looks like they are starting 2 weeks of buildup momentum

It’s in their interests for their survival for this to get to 20p before then to neutralise the 20p leverage so dropping a bomb would be like saying we want to lose our jobs. If they are smart people, they will do all they can to help 20p be achieved before the vote to mute the changes.

Never thought I’d see this as an avid shopper at both of these stores. Disappointing but shows a good trend for Boohoo?

https://www.ig.com/uk/news-and-trade-ideas/zara-owner-inditex-could-see-shares-slump-amid-covid-19-second-w-200914

RNS 28th July says
“ The Group will provide an update on the findings of the report with its half year results for the six months ending 31 August 2020 on 30 September 2020.”

Also means they can create goods there & bring here cheap if needed

I believe somebody said earlier that it will be published with results on the 30th?

Thanks
I found this to
http://www.albamineralresources.com/ul/Alba%20Presentation%20-%20UK%20GOLD%20ASSETS%20(AUG%202020)%20FINAL.pdf