Member Info for HereKittyKitty

I'm new to this share. Read up on all the latest news etc & some great posts on here. Is there any data on what they expect on values from Wales etc? Apologies if I missed it. Thank you.

Ha Ha maybe this lady pushed her luck too far but I made a nice profit. Will wait until I see the next pattern but will buy if she goes below 300 again, unless a new range forms.

Like clockwork. Bought for 297 & Sold 306 for a 3% gain. Down she comes again to repeat with a compounded buy. So predictable this share at the moment.

Thank you wyndrum & Inferno. Both good points.

Oh yes my apologies.

BA is a brand that has proven to recover well from many previous downturns.

- Apr 2003 SP was 125 and in 4 years by Jan 2007 it was 537 up 330%
- Jun 2009 SP was 125 and in 6 months by Dec 2010 it was 272 up 118%
- Aug 2012 SP was 140 and in 6 years by Jul 2018 was 710 up 407%

Looking at the SP diluted down 66.6% with the 2 for 3 RI a new SP target of 300 to 400/450 seems realistic after a vaccine is out & Covid concerns are over.

135 to 300 is a 122% gain and to 400/450 is a 196%-233% gain

History has shown this over 6 month & 4-6 year periods over the last 20 years.

Looking at the fundamentals of a solid business & presuming a vaccine by mid 2021 this would seem like a very good 1-2 year investment now for a 122% TO 233% return?

That is very interesting. I have looked at this fund here https://www.merian.com/gb/en/individual/fund/merian-uk-smaller-companies-focus-fund-r-gbp-income-shares-ie00blp58g83/ and they increased the Boohoo holding to 5.3% meaning the holding in Boohoo is 15.86M. To make back the fund 8% loss they need to make 23.94M as the fund is 299.3M. This is good news as they will be pushing Boohoo to recover & not disposing of stock. A share price of 400p will give them 4M back. Hopefully they see a longer term 500-600p price. This fund only has 3.8% in ASOS so they clearly see Boohoo as a better bet at 5.3%

https://www.drapersonline.com/news/boohoo-circles-new-look

For the last month Boohoo has been trading close to all 200 day averages around 305 peaking at 328 dropping to 289.
The current trend shows a daily repeatable pattern on buying mid 290's & selling mid 300's
While there are more exciting shares doing more at the moment, until this moves closer to 28th to 30th, it looks like there will be 2 weeks of day trading this stock.
Compound over 2 weeks & you could be circ 41% up vs. waiting for the anticipated 33% gain come Sept 30th. Even at 2% a day you would compund circ 22%
Just a thought how to make the most out of the stagnation here while the share is being held back.
Thoughts?

Yep remember it hit 328 on day not long ago ?

We are the champions, my friends
And we'll keep on fighting 'til the end
We are the champions
We are the champions
No time for losers
'Cause we are the champions
Of the world

Sorry url is

https://youtu.be/yPKlrRwJB8A

Solution

https://youtu.be/yPKlrRwJB8A

You will be that champion

Like others above I bought on drop after the original sell off when the big fund dumped the stock as I thought it an over reaction. I will only sell a) once I got my target goal long term or b) the news makes another fund dump a large amount of stock. I won’t sell based on how others feel or if Boohoo are found to have known about all this. At the end of the day, if their business is growing at or ahead of expectations, customer acquisition Isn’t decreasing, they are making a profit etc then they are a solid investment. I’d argue even if they did know about it it’s still not their job to fix it. So no I won’t sell unless a big fund reacts negatively to the findings. Once it drops though (if that happens) I’d buy back in again as it is still a solid umbrella of businesses that has a lot of love through social media channels. I’m not worried about private investors selling just large fund managers.

While nobody agrees with the underpaid workers issue I ultimately believe it is the responsibility of the government to enforce law on the employer. An analogy I like to think of is BMW. A typical BMW had 30,000 parts from hundreds of suppliers. Should BMW be held accountable if Pirelli tyres are found to be underpaying workers? A producer of a product cannot be held accountable for the employment policies of their suppliers. The issue is of course if BMW knew Pirelli did this should they switch to another tyre provider? So there is a question did they do enough due diligence & press will jump on that, but ultimately the employment law of paying a minimum wage is enforced by the government on the employer. If Pirelli in this case was found to be underpaying, all car manufacturers would drop them; as has happened with these factories, but why single out one retailer who uses them? I don’t think it will put off customers but as the press like cheap negative press it could put ethical questions on fund managers. If funds pull out then yes there will be a drop like before. If they manage the PR correctly they could spin this into a cleanup message that the industry as a whole has ignored for decades. Hopefully everybody is wise to what’s going on & Boohoo have been unfairly used as the poster child of an issue that many have buried their heads in the sand for decades. As an investor, revenue is revenue, growth is growth & profit is profit. It will all be about the execution here.

Oh look
11-Sep-20 16:18:34 12.14 3,150,443 Buy* 11.86 12.00 382.46k
Seems this is worth a little Kitty punt

I might be able to get 'up to 70% off' shopping online at Boohoo for some Kitty gear but I much prefer a bargain share at 300p that will double in the next couple of years.

If they were an intelligent board they would have posted a positive RNS & pushed the price above 20p to negate the whole James Benamor 20p thing. That would be the smart way to save their fragile jobs & get private investors onboard to support them.

At some point today Mr Benamor will be sold out & the depression & erosion of the share price will stop.

What is stopping the established stable board from moving the share price up to & beyond 20p without Mr Benamor on board?

If 20p or more is the goal then this could happen now before any vote so why vote him in?

Stability is what institutional investors want & ultimately will be good for any private investor.

Just an alternative thought that makes the RNS today very positive for large investors?

Thank you Steve - you know more than nothing I think!